tomo logo

$975,000

Beds
5
Baths
3.0
sq ft
2,946

16225 North 56th Place, Scottsdale, AZ 85254

16225 North 56th Place

Scottsdale, AZ 85254

  • 76 days on market
    • Price drop $10,000↓
Welcome to 16225 N 56th Pl, a two-story gem nestled in the magic zip code of 85254, Scottsdale, AZ. This 5-bedroom, 3-bath corner lot home is a perfect blend of comfort and convenience. The spacious 3-car garage and RV parking cater to all your vehicle needs. Dive into relaxation in your own private pool or enjoy a short stroll to a 40-acre park, complete with a children's playground and dog-friendly spaces. High-end shopping at Kierland Commons and Scottsdale Quarter is just minutes away, offering a plethora of retail and dining options. Located in the highly sought-after Paradise Valley School District, this home is also conveniently close to Mayo Hospital and ASU Medical. Experience Scottsdale living at its finest. NO HOA! Come say Yes to this Address!

Details

Property type

Single Family Residence

Est. home value

$1,041,208

Lot size

9,621 sq ft

Price per sq ft

$331

Year built

1991

Annual property taxes

$4,176

Price History

06/15/2024
ArizonaRegional

ArizonaRegional #6693453

Price change
$975,000
-1.02%
06/07/2024
ArizonaRegional

ArizonaRegional #6693453

Pending
$985,000
05/09/2024
ArizonaRegional

ArizonaRegional #6693453

Price change
$985,000
-1.5%

Schools & Community

Neighborhood: 

Paradise Valley

Elementary school: 

North Ranch Elementary School

Middle school: 

Desert Shadows Middle School - Scottsdale

High school: 

Horizon High School

High school district: 

Paradise Valley Unified District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$510,844
Asking price
$975,000
Closing costs (~8% of asking)
-$78,000
Est. remaining loan balance
-$386,156
Cash to seller
$510,844

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

October 2020

Original loan amount

$419,994

Est. remaining balance

$386,156

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Michael F Waters and Alejandra K Waters

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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5018 East Redfield Road, Scottsdale, AZ 85254

Status: Active

Tomo last checked: 07/04/2024 at 12:10 PM

Listing updated: 06/20/2024 at 11:44 PM

Listed by: Colleen Olson, Arizona Best Real Estate Phone #: (480) 948-4711

MLS: ArizonaRegional #6693453

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