tomo logo

$515,000

Beds
4
Baths
2.5
sq ft
1,704

5088 North 83rd Street, Scottsdale, AZ 85250

5088 North 83rd Street

Scottsdale, AZ 85250

  • 59 days on market
    • Price drop $10,000↓
Rare! 4 Bedroom, 2.5 bath, updated townhouse in the heart of Scottsdale! Located minutes from Old Town Scottsdale, Fashion Square mall, spring training, Camelback mountain, parks, hiking, golf, greenbelt, shopping, dining & entertainment and much more. Great room floor plan on the main level that seamlessly transitions to the generous patio. Fitting for a full time residence, seasonal, or investor. The unit comes with two carport parking spots and a bonus storage unit. Interior laundry on the main level. Kitchen features upgraded cabinets with soft close cabinet doors and drawers, granite counter tops, SS appliances and recessed lighting. 4 bedrooms in Scottsdale at this price point doesn't come around everyday!

Details

Property type

Townhouse

Est. home value

$500,137

Lot size

2,112 sq ft

Price per sq ft

$303

Year built

1969

Annual property taxes

$1,101

Monthly HOA fee

$293.45

Price History

11/15/2024
ArizonaRegional

ArizonaRegional #6776127

Price change
$515,000
-1.9%
10/26/2024
ArizonaRegional

ArizonaRegional #6776127

Listed
$525,000
+5%
03/11/2022
ArizonaRegional

ArizonaRegional #6352801

Sold
$500,000
+75.44%

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Palo Verde Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro High School

Community features: 

Clubhouse

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

$95,363
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$378,437
Cash to seller
$95,363

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

March 2022

Original loan amount

$400,000

Est. remaining balance

$378,437

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Hung Yuk Park and Amy J Ohr

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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5059 North 83rd Street, Scottsdale, AZ 85250

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7749 East Chaparral Road, Scottsdale, AZ 85250

Status: Active

Tomo last checked: 12/24/2024 at 10:45 AM

Listing updated: 12/06/2024 at 9:30 PM

Listed by: Ryan James Marks, Russ Lyon Sotheby's International Realty Phone #: (480) 585-7070

MLS: ArizonaRegional #6776127

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