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$1,550,000

Beds
4
Baths
3.5
sq ft
3,604

5377 East Herrera Drive, Phoenix, AZ 85054

5377 East Herrera Drive

Phoenix, AZ 85054

  • Pending
**Luxurious Home in Premier Gated Community** Experience elegance in this stunning residence featuring a spacious living and dining area. The gourmet kitchen boasts a Miele 6-burner range, Sub-Zero fridge, double Dacor ovens, and a sleek granite island with a veggie sink. The master suite offers a marble bath with a jetted tub, walk-in glass block shower, and custom closet. Enjoy an ensuite secondary bedroom, Jack-and-Jill bath, versatile den/office, plantation shutters, and wood-look tile. The private backyard oasis includes an epoxy-coated patio, heated pool with spa, artificial grass, mature trees, built-in BBQ, and remote shades. Conveniently located near Desert Ridge, JW Marriott, Wildfire Golf Club, top schools, and major freeways.

Details

Property type

Single Family Residence

Est. home value

$1,389,737

Lot size

0.31 acres

Price per sq ft

$431

Year built

2001

Annual property taxes

$7,814

HOA fee

$1,006.5

Price History

10/02/2024
ArizonaRegional

ArizonaRegional #6756616

Pending
$1,550,000
09/13/2024
ArizonaRegional

ArizonaRegional #6756616

Listed
$1,550,000
+75.14%
12/14/2020
ArizonaRegional

ArizonaRegional #6113301

Sold
$885,000
+6.64%

Schools & Community

Neighborhood: 

Desert View

Elementary school: 

Desert Trails Elementary School

Middle school: 

Explorer Middle School

High school: 

Pinnacle High School

Community features: 

Gated, Golf

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

$911,634
Asking price
$1,550,000
Closing costs (~8% of asking)
-$124,000
Est. remaining loan balance
-$514,366
Cash to seller
$911,634

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

Seller’s Loan History

Lender

Mutual Of Omaha Mortgage Inc

Loan start date

December 2021

Original loan amount

$548,250

Est. remaining balance

$514,366

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Carol Caffrey

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: 11/08/2024 at 4:15 AM

Listing updated: 10/17/2024 at 4:01 PM

Listed by: Jarrod Batchelder, Scottsdale Summit Realty Phone #: (208) 699-1652

MLS: ArizonaRegional #6756616

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