tomo logo

$435,000

Beds
2
Baths
2.0
sq ft
1,246

5350 East Deer Valley Drive Unit 2405, Phoenix, AZ 85054

5350 East Deer Valley Drive Unit 2405

Phoenix, AZ 85054

  • Pending
BEST LOCATION - INCREDIBLE CONVENIENCE! Spacious, updated light & bright unit in the incredible resort community of Toscana at Desert Ridge where you buy a residence and a lifestyle! Beautifully upgraded condo includes luxury plank flooring, 18 x 18 tile, stainless steel appliances + W/D, granite kitchen/baths, stone & tile showers, new carpet/fans/fixtures. Enjoy 2 state-of-the-art gyms, yoga/stretching room, 3 heated pools/3 hot tubs, a business center & high-tech board room, outdoor grilling/lounging areas, fabulous clubhouses, steam rooms & more. Walk right across the street to over 160+ bars, restaurants, entertainment, shopping, movies++. Seller will consider selling furnished with the right offer. Seller offering buyer concessions for closing costs! Desert Ridge is just a few miles from Scottsdale, the hosting city for national events annually! Not only do you have unbelievable entertainment and shopping across the street in the Desert Ridge Marketplace and High Street, but now underway is the newest 100+ acre mixed-use development City North that will provide more entertainment and value. Don't wait, this ready-to-move-in unit is ready for new owners, so make an offer the seller cannot refuse! (See the docs tab for an expanded list of condo upgrades & info about the surrounding area.) *Five minutes to Interstate 51 and Interstate 101 & 20/30 minutes to the airport. *Mayo Clinic - 2 miles; Abrazo Hospital Campus & HonorHealth Scottsdale Thompson Peak Medical Center - within 5 miles. *Toscana is perfectly positioned less than a few miles west of Scottsdale Road where national events are hosted annually such as the Waste Management Golf Open, Barrett-Jackson Car Show, and Arabian Horse Show to name a few. *The new City North development across the street is now under development!!! Planned with over 2 million square feet of office, 3,416+ multifamily units, 1,000+ hotel rooms, and retail and dining options. *Invest in The Luxe of Desert Ridge where you won't pay the higher North Scottsdale real estate prices for this kind of luxury and convenience. *Pickleball at the JW Marriott Desert Ridge right behind Toscana, Paradise Valley Community Center, Thompson Peak Park. *Golf - Numerous golf courses within a short distance from Desert Ridge.

Details

Property type

Condominium

Est. home value

$428,583

Lot size

1,230 sq ft

Price per sq ft

$350

Year built

2009

Annual property taxes

$2,264

Monthly HOA fee

$554

Price History

08/21/2024
ArizonaRegional

ArizonaRegional #6745713

Pending
$435,000
08/19/2024
ArizonaRegional

ArizonaRegional #6745713

Listed
$435,000

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

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

$216,212
Asking price
$435,000
Closing costs (~8% of asking)
-$34,800
Est. remaining loan balance
-$183,988
Cash to seller
$216,212

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

Seller’s Loan History

Lender

New West Lending Inc

Loan start date

February 2021

Original loan amount

$200,000

Est. remaining balance

$183,988

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Maurice A Walsh Iii

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: Pending/Under Contract

Tomo last checked: 09/11/2024 at 8:30 PM

Listing updated: 09/10/2024 at 8:10 AM

Listed by: Michelle Durnell, Michelle Ventures Real Estate Phone #: (602) 791-2191

MLS: ArizonaRegional #6745713

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