tomo logo

$225,000

Beds
2
Baths
2.0
sq ft
699

1650 North 87th Terrace Unit B2, Scottsdale, AZ 85257

1650 North 87th Terrace Unit B2

Scottsdale, AZ 85257

  • 4 days on market
    • Price drop $25,000↓
Nestled in the heart of South Scottsdale, this 2-bed, 2-bath condo offers a unique blend of privacy & comfort, enhanced by an electronic gated entrance on McDowell Road. This residence also grants access to desirable community amenities, including a pool and shared laundry facilities. Conveniently situated, this condo is just minutes away from ASU, Tempe Marketplace, the Phoenix Zoo, Desert Botanical Gardens, Old Town Scottsdale, and several baseball stadiums, ensuring a wealth of entertainment and amenities at your doorstep. The property seamlessly combines the peacefulness of a secluded retreat with the dynamic lifestyle of Scottsdale, making it an ideal choice for professionals, families, or investors seeking both urban convenience and tranquil living

Details

Property type

Condominium

Est. home value

$205,577

Lot size

72 sq ft

Price per sq ft

$322

Year built

1975

Annual property taxes

$381

Monthly HOA fee

$300

Price History

09/13/2024
ArizonaRegional

ArizonaRegional #6756567

Price change
$225,000
-10%
09/13/2024
ArizonaRegional

ArizonaRegional #6756567

Listed
$250,000

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Hohokam Elementary School

Middle school: 

Supai Middle School

High school: 

Coronado High School

Community features: 

Gated

High school district: 

Scottsdale 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

$196,377
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$10,623
Cash to seller
$196,377

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

Seller’s Loan History

Lender

Union Fsb Of Indianapolis

Loan start date

February 1999

Original loan amount

$36,000

Est. remaining balance

$10,623

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Anthony J Bono and Corey Teebken

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?

Status: Active

Tomo last checked: 09/17/2024 at 6:00 PM

Listing updated: 09/17/2024 at 12:39 PM

Listed by: Eric Brossart, Keller Williams Realty Phoenix Phone #: (480) 768-9333

MLS: ArizonaRegional #6756567

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