tomo logo

$647,500

Beds
3
Baths
2.0
sq ft
1,519

4623 East Lone Cactus Drive, Phoenix, AZ 85050

4623 East Lone Cactus Drive

Phoenix, AZ 85050

  • 2 days on market
WELCOME HOME TO DESERT RIDGE - LOCATION AND VALUE! Light and bright, this 3 bed/2 bath updated single level w/pool offers tremendous value within highly desirable Desert Ridge community. Home highlights: Luxury vinyl plank flooring throughout (2018); Kitchen (2020) - Quartz countertops, large island (seats up to 5), soft close cabinetry, S/S appliances, gas range. Primary Bath (2024) - quartz counter w/dual sinks, tiled walk-in shower. What's not to love with covered patio, and sparkling play pool ready for summer fun! HVAC 5-Ton Lennox (2024); Roof (2016); Water Heater (2023). Dual pane windows. Leased solar panels. N/S exposure. Convenient to everything...top schools, parks, Desert Ridge Marketplace, High Street, Scottsdale Quarter, Valley freeways and more all just minutes away!

Details

Property type

Single Family Residence

Est. home value

$583,891

Lot size

4,727 sq ft

Price per sq ft

$427

Year built

1996

Annual property taxes

$2,571

HOA fee

$222

Price History

03/29/2025
ArizonaRegional

ArizonaRegional #6843055

Listed
$647,500
+131.25%
04/08/2016
ArizonaRegional

ArizonaRegional #5347035

Sold
$280,000

Schools & Community

Neighborhood: 

Desert View

Elementary school: 

Desert Trails Elementary School

Middle school: 

Explorer Middle School

High school: 

Pinnacle High School

Community features: 

Playground, Sidewalks

High school district: 

Paradise Valley 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

$377,519
Asking price
$647,500
Closing costs (~8% of asking)
-$51,800
Est. remaining loan balance
-$218,181
Cash to seller
$377,519

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

Seller’s Loan History

Lender

Nova Financial & Investment Corp

Loan start date

March 2016

Original loan amount

$270,655

Est. remaining balance

$218,181

Interest rate

3.72%

Loan type

New Conventional, 30 year

Seller

Randolph Ott and Jean Ott

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: 03/31/2025 at 9:05 PM

Listing updated: 03/31/2025 at 12:01 AM

Listed by: Leslie McDonnell, RE/MAX Fine Properties Phone #: (480) 792-9500

MLS: ArizonaRegional #6843055

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