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$339,000

Beds
2
Baths
2.0
sq ft
1,059

4850 East Desert Cove Avenue Unit 232, Scottsdale, AZ 85254

4850 East Desert Cove Avenue Unit 232

Scottsdale, AZ 85254

  • 155 days on market
    • Price drop $10,000↓
Amazing location, this condo is set on the border of phoenix and Scottsdale with fantastic options for restaurants, shopping and entertainment. This unit overlooks the Stone Creek Golf Course and the walking/bike path. Has a natural draw for potential tenants due to the surrounding area, which makes it great for investors looking to expand their portfolio. HOA does a terrific job to ensure that the common areas are maintained.

Details

Property type

Condominium

Est. home value

$341,048

Lot size

113 sq ft

Price per sq ft

$321

Year built

1988

Annual property taxes

$973

Monthly HOA fee

$262.75

Price History

06/19/2024
ArizonaRegional

ArizonaRegional #6700082

Price change
$339,000
-2.87%
05/03/2024
ArizonaRegional

ArizonaRegional #6700082

Listed
$349,000

Schools & Community

Neighborhood: 

Paradise Valley

Elementary school: 

Sequoya Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral High School

Community features: 

Golf, Clubhouse, Fitness Center

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

$283,490
Asking price
$339,000
Closing costs (~8% of asking)
-$27,120
Est. remaining loan balance
-$28,390
Cash to seller
$283,490

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

Seller’s Loan History

Lender

Matrix Financial Services Corp

Loan start date

January 1999

Original loan amount

$97,800

Est. remaining balance

$28,390

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Adrian L Chang and Catherine L Chung

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: 10/05/2024 at 12:45 PM

Listing updated: 08/26/2024 at 8:05 PM

Listed by: Richard Michael Allen, Sureway Inc Phone #: (602) 230-1160

MLS: ArizonaRegional #6700082

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