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$349,000

Beds
1
Baths
1.0
sq ft
796

5450 East Deer Valley Drive Unit 1004, Phoenix, AZ 85054

5450 East Deer Valley Drive Unit 1004

Phoenix, AZ 85054

  • 5 days on market
Location, location, location! This resort-style property boasts a prime spot on the Phoenix/Scottsdale border, directly across from Desert Ridge Marketplace and High Street. You'll hardly need to leave your condo, thanks to the abundance of amenities available at Toscana at Desert Ridge. This 1-bedroom, 1-bathroom unit was originally a model for the complex and has only had one owner. Recently updated with freshly painted cabinets, granite countertops, and new flooring, this first-floor unit exudes an upscale, modern vibe that's unmatched at this price point in the area. It's the ideal retreat for winter snowbirds, offering a lock-and-leave lifestyle with 24-hour gated security, underground parking, and a welcoming community of neighbors. It's also an excellent choice for first-time home buyers, offering a perfect blend of affordability, convenience, and resort-style living in a highly sought-after location. Residents enjoy access to a community heated pool and spa, a state-of-the-art workout facility, a game room, scheduled activities, and group classes. Conveniently located near a variety of local restaurants, shopping, entertainment, and with easy access to the 101 and 51 highways. Welcome home!

Details

Property type

Condominium

Est. home value

$318,438

Lot size

782 sq ft

Price per sq ft

$439

Year built

2008

Annual property taxes

$1,900

Monthly HOA fee

$554

Price History

01/17/2025
ArizonaRegional

ArizonaRegional #6805837

Listed
$349,000

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, Pool, Sidewalks

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

$61,850
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$259,230
Cash to seller
$61,850

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

February 2022

Original loan amount

$276,250

Est. remaining balance

$259,230

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Alexandra Arp

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?

Status: Active

Tomo last checked: 01/21/2025 at 6:10 PM

Listing updated: 01/17/2025 at 8:25 AM

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

MLS: ArizonaRegional #6805837

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