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$2,195,800

Beds
4
Baths
3.5
sq ft
4,523

40740 North Longhorn Drive, Scottsdale, AZ 85262

40740 North Longhorn Drive

Scottsdale, AZ 85262

  • 107 days on market
    • Price drop $100↓
Like two homes in one! Sensational city light and mountain views expanding over 50 miles showcase this lovely home situated on 10+ private acres within the exclusive enclave of Carefree Ranch Homesteads adjacent to Desert Mountain. Owned Solar w/Tesla Charging Station for ultra low electric bills. You'll experience the ultimate privacy among neighbors with $5M+ homes on large 5+ acre sites. Though on 2 levels, the main level has no steps with Living Room, dining room, kitchen, primary bedroom, powder room and 4 car garage. The lower level includes a 2nd master suite, large game room or guest living room with wet bar and two additional bedrooms and bath. This arrangement is perfect for shared ownership. The pool & heated spa and built in BBQ enhance the... outdoor experience soaking in the forever views. Many of Scottsdale's finest golf courses and 10 minutes from grocery, shopping and dining.

Details

Property type

Single Family Residence

Est. home value

$2,232,933

Lot size

10.43 acres

Price per sq ft

$486

Year built

1996

Annual property taxes

$6,489

HOA fee

$1,656

Price History

12/05/2024
ArizonaRegional

ArizonaRegional #6753439

Price change
$2,195,800
09/06/2024
ArizonaRegional

ArizonaRegional #6753439

Listed
$2,195,900
+119.59%
09/15/2017
ArizonaRegional

ArizonaRegional #5534482

Sold
$1,000,000

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

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

$1,398,055
Asking price
$2,195,800
Closing costs (~8% of asking)
-$175,664
Est. remaining loan balance
-$622,081
Cash to seller
$1,398,055

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

Seller’s Loan History

Lender

Deephaven Mortgage Llc

Loan start date

September 2021

Original loan amount

$670,000

Est. remaining balance

$622,081

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Eric D Shepherd and Susanne Shepherd

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: 12/23/2024 at 1:05 AM

Listing updated: 12/05/2024 at 3:55 PM

Listed by: Mike Domer, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6753439

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