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$1,350,000

Beds
5
Baths
4.0
sq ft
3,845

5442 East St John Road, Scottsdale, AZ 85254

5442 East St John Road

Scottsdale, AZ 85254

  • 148 days on market
    • Price drop $50,000↓
Major Price Improvement on this profitable STR Investment or create the perfect primary residence in a highly desirable neighborhood. Updated TW Lewis Home in Arabian Crest! There's no HOA, and it's conveniently located near Copper Canyon Elementary located in the popular 85254 ''Magic Zip code.'' This property is within 10 minutes from TPC Scottsdale, The Westin Kierland Golf Club, the Mayo Clinic Hospital, Kierland Commons, Scottsdale Quarter, and Desert Ridge Marketplace. The home has a downstairs primary suite with direct access to the patio and pool area. The large owner's bathroom includes a separate tub and shower, and plenty of closet space. The big family room has high ceilings, a gas fireplace, patio access, and an open layout connecting to the kitchen and breakfast room. The kitchen features beautiful Bali veined Calacutta quartz countertops with a full backsplash and Samsung black-stainless appliances, including a double wall oven. Upstairs, there's a very large bedroom with its own bathroom, accessible through double doors, which can be used as a bedroom suite or a second family room, plus three additional bedrooms. The home has plantation shutters throughout. The well-kept backyard features lush landscaping, newer turf, and a pebble-finished pool, all perfectly oriented with north/south exposure.

Details

Property type

Single Family Residence

Est. home value

$1,282,452

Lot size

0.26 acres

Price per sq ft

$352

Year built

1996

Annual property taxes

$6,245

Price History

11/01/2024
ArizonaRegional

ArizonaRegional #6719935

Listed
$1,350,000
11/01/2024
ArizonaRegional

ArizonaRegional #6719935

Removed
$1,350,000
09/28/2024
ArizonaRegional

ArizonaRegional #6719935

Price change
$1,350,000
-3.57%

Schools & Community

Neighborhood: 

Paradise Valley

Elementary school: 

Copper Canyon Elementary School

Middle school: 

Sunrise Middle School

High school: 

Horizon High School

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

$487,715
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$754,285
Cash to seller
$487,715

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

Seller’s Loan History

Lender

Nexera Holding Llc

Loan start date

October 2022

Original loan amount

$776,100

Est. remaining balance

$754,285

Interest rate

5.66%

Loan type

New Conventional, 30 year

Seller

Scott Popescu and Anton Burimov

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: 11/22/2024 at 2:40 AM

Listing updated: 11/01/2024 at 8:54 AM

Listed by: Clark Hogan, Kenneth James Realty Phone #: (480) 581-1111

MLS: ArizonaRegional #6719935

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