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$426,153Estimated home value

Beds
2
Baths
2.0
sq ft
1,246

5350 East Deer Valley Drive Unit 2244, Phoenix, AZ 85054

5350 East Deer Valley Drive Unit 2244

Phoenix, AZ 85054

  • Sold On 6/5/2020
This turn-key, highly upgraded 2 bedroom & 2-bathroom condo is nestled in the gated community of Toscana in Desert Ridge & has barely been lived in! Owners only used the unit for one month & it's been rented 1 time! The unit features: upgraded carpet & pad, gas fire place, window blinds, ceiling fans & neutral paint colors throughout. The kitchen boasts: granite counter tops, black appliances, reverse osmosis & gas stove! Ample master suits features full master bath with separate shower & tub! Washer & Dryer convey! Amenities at Toscana include: multiple heated pools & spas, common areas with built in BBQ's, state of the art fitness center & more! All within the Desert Ridge area with over 100 restaurants & shopping centers right across the street! See 3D Virtual Tour under photo tab!

Details

Property type

Condominium

Est. home value

$426,153

Lot size

1,230 sq ft

Price per sq ft

$228

Year built

2008

Annual property taxes

$2,665

Monthly HOA fee

$430

Price History

03/04/2025
ArizonaRegional

ArizonaRegional #6776528

Removed
$419,900
01/09/2025
ArizonaRegional

ArizonaRegional #6776528

Price change
$419,900
-2.33%
10/27/2024
ArizonaRegional

ArizonaRegional #6776528

Listed
$429,900
+51.91%

Schools & Community

Neighborhood: 

Desert View

Elementary school: 

Desert Trails Elementary School

Middle school: 

Explorer Middle School

High school: 

Pinnacle High School

Community features: 

Gated, Clubhouse, Fitness Center, Pool

High school district: 

Paradise Valley 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

-$42,284
Asking price
$283,000
Closing costs (~8% of asking)
-$22,640
Est. remaining loan balance
-$302,644
Cash to seller
-$42,284

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

August 2021

Original loan amount

$328,000

Est. remaining balance

$302,644

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Michael J Ressa and Tereza Molfino

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: Off Market

Tomo last checked: 03/09/2025 at 7:40 AM

Listing updated: 02/16/2025 at 8:08 PM

Listed by: David Arustamian, Russ Lyon Sotheby's International Realty Phone #: (480) 287-5200

MLS: ArizonaRegional #6060710

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