tomo logo

$1,175,000

Beds
3
Baths
3.0
sq ft
2,864

5077 East Lonesome Trail, Cave Creek, AZ 85331

5077 East Lonesome Trail

Cave Creek, AZ 85331

  • 9 days on market
    • Open house Nov 23
Your dream home awaits in Colina del Norte! Enter thru the front door greeted by views thru the living rm & out to the entertainers backyard - with pool, spa, fireplace, & BBQ area. The yard has everything - misting system, mature shade trees, patios, built-in heaters. The 11000sf lot backs & sides open area. Inside, you & your guests can enjoy the rustic charm of custom kitchen cabinets, tile & wood flooring, live-edge wood features in the great room. Plantation shutters on the windows allow for natural light while also protecting your privacy. The primary bedroom is split from where you'll find 2 add'l bdrms, an office, & 2 add'l bthrms. Custom finishes T/O the home - stacked stone, vanities, copper sinks. Did I mention the 3 car garage w/built in cabinets? Don't miss out on this one.

Details

Property type

Single Family Residence

Est. home value

$975,467

Lot size

0.26 acres

Price per sq ft

$411

Year built

2000

Annual property taxes

$3,145

HOA fee

$632.78

Price History

11/13/2024
ArizonaRegional

ArizonaRegional #6781780

Listed
$1,175,000
+15.76%
09/28/2022
ArizonaRegional

ArizonaRegional #6434657

Sold
$1,015,000
+52.63%
09/23/2020
ArizonaRegional

ArizonaRegional #6109114

Sold
$665,000

Schools & Community

Neighborhood: 

Desert View

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

$498,856
Asking price
$1,175,000
Closing costs (~8% of asking)
-$94,000
Est. remaining loan balance
-$582,144
Cash to seller
$498,856

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

September 2022

Original loan amount

$650,000

Est. remaining balance

$582,144

Interest rate

4.75%

Loan type

New Conventional, 15 year

Seller

James W Ottino and Jolou Trujillo Ottino

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 9:50 PM

Listing updated: 11/19/2024 at 2:22 PM

Listed by: Lori Noonan, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6781780

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