tomo logo

$5,485,000

Beds
4
Baths
4.5
sq ft
6,556

38031 North 97th Way, Scottsdale, AZ 85262

38031 North 97th Way

Scottsdale, AZ 85262

  • 704 days on market
Brand New Mortensen Signature Home. Now Completed 5750 sq ft main house plus stand alone 806 sq ft Casita with a king size bedroom, kitchen, large bathroom, closet and living room. Main house includes a large flex room, great for a Game Room, Home Theater or a hobby of your choice. Great Room, Gourmet Kitchen, Home Office and Master Bedroom have stunning S/W sunset views that overlook your pebble tec pool and spa. Custom built in BBQ, landscaped front and rear with auto drip systems, pots and lighting all included. Unlimited options for your family and friends. Whole home furniture packages available. Membership information available through The Desert Mountain Club.

Details

Property type

Single Family Residence

Property condition

Under Construction

Lot size

0.94 acres

Price per sq ft

$837

Year built

2023

Annual property taxes

$797

HOA fee

$1,712.46

Price History

02/22/2024
ArizonaRegional

ArizonaRegional #6443503

Price change
$5,485,000
+10.03%
08/02/2022
ArizonaRegional

ArizonaRegional #6443503

Listed
$4,985,000
+551.71%
12/20/2021
ARMLS

ARMLS #6305303

Sold
$764,905
+159.29%

Schools & Community

Neighborhood: 

Pinnacle Peak

Elementary school: 

Black Mountain Elementary School

Middle school: 

Sonoran Trails Middle School

High school: 

Cactus Shadows High School

Community features: 

Gated

High school district: 

Cave Creek Unified District

Seller’s Loan History

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

Lender

Bank Of Jackson Hole

Loan start date

June 2022

Original loan amount

$10,500,000

Est. remaining balance

Not provided

Interest rate

5.1%

Loan type

Building or Construction Loan

Seller

Mortensen Signature Homes Of Arizona Llc and Mortensen Signature Homes Of Az Llc

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: 07/07/2024 at 5:40 AM

Listing updated: 06/23/2024 at 12:23 AM

Listed by: Brian Herrera, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6443503

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