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$825,000

Beds
3
Baths
2.5
sq ft
2,236

5222 East Cordia Lane, Cave Creek, AZ 85331

5222 East Cordia Lane

Cave Creek, AZ 85331

  • 37 days on market
    • Price drop $14,900↓
    • Open house Sep 28
So much hidden value has been added to this 3BR + Den home in the sought-after, gated Diamond Tree Estates! Set on a spacious 1/4-acre lot, functionality and relaxed living meet. Enjoy the benefits of a new AC system and hot water heater (2023), along with fresh carpet and paint (2024). The split floor plan maximizes privacy and features an open kitchen with granite counters, stainless steel appliances, and a double oven plus extra tall 42'' cabinetry. The inviting yard features a large & relaxing pool, expansive paver patio, surround sound, and a putting green. Recent upgrades include plantation shutters (2023), modern mister system and vibrant smart stringed sights. An RV gate adds extra convenience and functionality to the oversized lot which has a newer drip system. Grand main suite has a sitting area, a pristine full ensuite with dual sinks, and a separate tub/shower. The entertainer's backyard invites you to relax and have fun! It offers a covered patio, Travertine tile flooring, a putting green for golf enthusiasts, and a refreshing pool. Hurry! Your paradise awaits!

Details

Property type

Single Family Residence

Est. home value

$820,280

Lot size

0.23 acres

Price per sq ft

$369

Year built

2011

Annual property taxes

$2,223

Monthly HOA fee

$120

Price History

09/17/2024
ArizonaRegional

ArizonaRegional #6746954

Price change
$825,000
-1.77%
09/10/2024
ArizonaRegional

ArizonaRegional #6746954

Price change
$839,900
-1.19%
08/22/2024
ArizonaRegional

ArizonaRegional #6746954

Listed
$850,000
+107.82%

Schools & Community

Neighborhood: 

Desert View

Elementary school: 

Horseshoe Trails Elementary School

Middle school: 

Sonoran Trails Middle School

High school: 

Cactus Shadows High School

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

$429,026
Asking price
$825,000
Closing costs (~8% of asking)
-$66,000
Est. remaining loan balance
-$329,974
Cash to seller
$429,026

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

November 2019

Original loan amount

$365,450

Est. remaining balance

$329,974

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

John William Gibson Jr and Katherine Ellen Harcourt

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: 09/28/2024 at 4:25 PM

Listing updated: 09/24/2024 at 9:22 AM

Listed by: Michael Bodeen, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6746954

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