tomo logo

$1,650,000

Beds
3
Baths
2.5
sq ft
2,807

37760 North Concho Drive, Carefree, AZ 85377

37760 North Concho Drive

Carefree, AZ 85377

  • 79 days on market
    • Price drop $100,000↓
Iconic Fred Linn Osmon design featuring his superlative architecture with original details intact & some lovingly restored. Welcoming courtyard & artistic front door are your first glimpse of the treasure within. Situated on a corner lot capturing mountain & desert views, the architect has perfectly positioned the residence to enhance your visual pleasure inside & out. Featuring 3 bedrooms + den with 2 ½ baths the home exudes a character that is impeccably ''Osmon''. Numerous patios scattered around the home complement memorable entertaining & enhance the joy of AZ sunshine, a sparkling pool or simply stargazing in Carefree's dark skies. Own a piece of architectural history in a community that enjoys tranquility, natural beauty, and a lifestyle that is truly Carefree.

Details

Property type

Single Family Residence

Est. home value

$1,148,438

Lot size

0.79 acres

Price per sq ft

$588

Year built

1981

Annual property taxes

$2,301

Price History

05/04/2024
ArizonaRegional

ArizonaRegional #6690630

Price change
$1,650,000
-5.71%
04/12/2024
ArizonaRegional

ArizonaRegional #6690630

Listed
$1,750,000
+63.32%
12/17/2021
ArizonaRegional

ArizonaRegional #6319246

Sold
$1,071,500

Schools & Community

Elementary school: 

Black Mountain Elementary School

Middle school: 

Sonoran Trails Middle School

High school: 

Cactus Shadows High School

High school district: 

Cave Creek 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

$807,426
Asking price
$1,650,000
Closing costs (~8% of asking)
-$132,000
Est. remaining loan balance
-$710,574
Cash to seller
$807,426

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

December 2021

Original loan amount

$750,050

Est. remaining balance

$710,574

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Edward W Horstmeyer and Kathleen B Horstmeyer

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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Status: Active

Tomo last checked: 06/30/2024 at 12:40 PM

Listing updated: 06/07/2024 at 7:43 AM

Listed by: Laura A Shutt, Russ Lyon Sotheby's International Realty Phone #: (480) 488-2400

MLS: ArizonaRegional #6690630

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