tomo logo

$620,000

Beds
4
Baths
2.5
sq ft
2,367

5148 East Desert Forest Trail, Cave Creek, AZ 85331

5148 East Desert Forest Trail

Cave Creek, AZ 85331

  • 78 days on market
    • Price drop $4,000↓
Indulge in luxury at the heart of Cave Creek in this upgraded 2019 KB HOME. Nestled in Rancho Paloma. Escape to the beauty of the desert and mountains in this 4 bed, 2.5 bath home with a loft. White shaker cabinets, decorator paint, and upscale finishes give a luxurious and modern touch. The gourmet kitchen boasts top-of-the-line appliances and ample counter space. Wood flooring and plantation shutters, while a spacious loft provides extra living space. Unwind in the master bathroom's separate tub and shower. The large laundry adds convenience. Outside, a paver patio and turf backyard offer a perfect setting for entertaining or enjoying the desert views. Stay cool with the commercial misting system. Water softener system. This farmhouse-style end unit.

Details

Property type

Single Family Residence

Est. home value

$637,522

Lot size

3,274 sq ft

Price per sq ft

$262

Year built

2019

Annual property taxes

$1,614

Monthly HOA fee

$110

Price History

07/02/2024
ArizonaRegional

ArizonaRegional #6693151

Price change
$620,000
-0.64%
06/26/2024
ArizonaRegional

ArizonaRegional #6693151

Price change
$624,000
-0.95%
06/07/2024
ArizonaRegional

ArizonaRegional #6693151

Price change
$629,999
-0.4%

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: 

Playground

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

$174,839
Asking price
$620,000
Closing costs (~8% of asking)
-$49,600
Est. remaining loan balance
-$395,561
Cash to seller
$174,839

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

October 2021

Original loan amount

$420,000

Est. remaining balance

$395,561

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Yohannes Ghebreab and Samantha Jo Truglio

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?

Similar Homes Nearby

Price drop
ArizonaRegional
$699,990
4 bd
|
3 ba
|
2,368 sq ft
|
House

5196 East Desert Forest Trail, Cave Creek, AZ 85331

ArizonaRegional
$643,000
4 bd
|
3 ba
|
2,412 sq ft
|
House

4318 East Smokehouse Trail, Cave Creek, AZ 85331

Price drop
ArizonaRegional
$632,500
4 bd
|
3 ba
|
2,132 sq ft
|
House

4620 East Matt Dillon Trail, Cave Creek, AZ 85331

Status: Active

Tomo last checked: 07/04/2024 at 8:55 PM

Listing updated: 07/01/2024 at 11:23 PM

Listed by: Leila A. Woodard, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6693151

ArizonaRegional logo