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$300,000

Beds
2
Baths
1.5
sq ft
986

4620 North 68th Street Unit 116, Scottsdale, AZ 85251

4620 North 68th Street Unit 116

Scottsdale, AZ 85251

  • 20 days on market
    • Price drop $15,000↓
INVESTMENT OPPORTUNITY!! Here's your chance to own a prime piece of real estate in the heart of Old Town Scottsdale. Literally a few minutes walk to Fashion Square, the world renowned Phoenician Resort, Camelback Mtn, countless restaurants, shopping, art galleries, golf, hiking trails, spas, spring training facilities and more. This unit is currently being used as a highly profitable AirBNB and is fully booked through the end of 2024. Buy now to take advantage of the instant income then decide if you want to move in or open the bookings up for 2025.

Details

Property type

Condominium

Est. home value

$335,238

Lot size

541 sq ft

Price per sq ft

$305

Year built

1974

Annual property taxes

$509

Monthly HOA fee

$425.77

Price History

11/07/2024
ArizonaRegional

ArizonaRegional #6778487

Price change
$300,000
-4.76%
11/07/2024
ArizonaRegional

ArizonaRegional #6778487

Price change
$315,000
-5.97%
11/01/2024
ArizonaRegional

ArizonaRegional #6778487

Listed
$335,000
+45.65%

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Kiva Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro High School

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

$117,485
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$158,515
Cash to seller
$117,485

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

March 2021

Original loan amount

$172,500

Est. remaining balance

$158,515

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Bryan Ross and Lisa Ross

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: 11/21/2024 at 2:55 PM

Listing updated: 11/07/2024 at 3:00 PM

Listed by: Shane Ashcraft, Russ Lyon Sotheby's International Realty Phone #: (480) 287-5200

MLS: ArizonaRegional #6778487

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