tomo logo

$440,000

Beds
2
Baths
2.0
sq ft
1,246

5450 East Deer Valley Drive Unit 2012, Phoenix, AZ 85054

5450 East Deer Valley Drive Unit 2012

Phoenix, AZ 85054

  • 69 days on market
Luxury, resort living with unbeatable convenience! That perfectly describes this comfortable 2 BR/2 BA 1256 sf condo in Toscana at Desert Ridge. Over $16K in updates 2021-2024: painting, LED lighting, ceiling fans, garbage disposal, brushed nickel bath/kitchen/shower/tub faucets, dishwasher, new tile showers with glass doors, 2 new toilets, + 2 added cabinets for additional storage. Relax by the gas fireplace, enjoy the surround sound, or soak in the jacuzzi tub! Other features include stainless steel appliances, gas stove cooktop, breakfast bar, granite in kitchen and primary bath, 2 parking spaces, built-in desk with upper cabinets, plantation shutters, light & bright south exposure, and refrigerator/washer/dryer stay. Toscana offers 2 state-of-the-art gyms, 3 heated pools/3 hot tubs, a business center with computers and free printing, an executive high-tech board room owners can use, a yoga/stretching room, a teen game room, outdoor grilling/lounging areas, 3 fabulous clubhouses with kitchens, lush grounds, an exercise/walking path, events, & more. Gas and soft water are included in the HOA! Easy Access to the 101 and 51 freeways. A GREAT VALUE IN A BOOMING AREA! But wait, there is more; you can walk across the street and find everything you need: 160+ businesses (and growing), bars, restaurants, entertainment spots, shopping, grocery, movies, and more at High Street, Desert Ridge Marketplace, and City North (construction underway). See the docs tab to learn more. Seller offering buyer concessions for closing costs! *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 at Desert Ridge 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, entertainment, and dining options. *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

$425,013

Lot size

1,230 sq ft

Price per sq ft

$354

Year built

2008

Annual property taxes

$2,677

Monthly HOA fee

$554

Price History

10/13/2024
ArizonaRegional

ArizonaRegional #6770592

Listed
$440,000
+22.22%
07/02/2021
ArizonaRegional

ArizonaRegional #6241247

Sold
$360,000

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

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

$147,931
Asking price
$440,000
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$256,869
Cash to seller
$147,931

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

Seller’s Loan History

Lender

Neighborhood Loans

Loan start date

June 2021

Original loan amount

$277,600

Est. remaining balance

$256,869

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Erin N Wingert

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: 12/22/2024 at 3:40 AM

Listing updated: 12/03/2024 at 3:00 PM

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

MLS: ArizonaRegional #6770592

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