tomo logo

$1,400,000

Beds
4
Baths
3.0
sq ft
3,264

5473 East Herrera Drive, Phoenix, AZ 85054

5473 East Herrera Drive

Phoenix, AZ 85054

  • 44 days on market
Welcome to the prestigious gated enclave of Ironwood Greens, nestled on the upscale resort side of Desert Ridge! Fully renovated & model perfect w/ no expense spared! Desirable split plan features a gorgeous chef's kitchen w/ Thermador gas range, Thermador appliances, Quartz counters, double ovens & R/O system. Additional highlights include pre-wire for sound and security, owned solar system, gas fireplace, wood shutters, renovated baths and an owner's retreat the stuns with an incredible luxury spa bath! Your resort backyard is the perfect oasis featuring a stunning play pool & spa, large covered patio, built-in BBQ, FP and more! Desert Ridge is the place to be with award winning schools, incredible parks, world class dining, shopping and the incomparable JW Desert Ridge Resort and Spa!

Details

Property type

Single Family Residence

Est. home value

$1,163,402

Lot size

0.28 acres

Price per sq ft

$429

Year built

1998

Annual property taxes

$6,481

Monthly HOA fee

$133

Price History

02/20/2025
ArizonaRegional

ArizonaRegional #6802268

Price change
$1,400,000
+900%
02/20/2025
ArizonaRegional

ArizonaRegional #6802268

Price change
$140,000
-90.18%
02/13/2025
ArizonaRegional

ArizonaRegional #6802268

Price change
$1,425,000
-1.72%

Schools & Community

Neighborhood: 

Desert View

Elementary school: 

Desert Trails Elementary School

Middle school: 

Explorer Middle School

High school: 

Paradise Valley High School

Community features: 

Gated, Golf, 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

$1,224,082
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$63,918
Cash to seller
$1,224,082

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

Seller’s Loan History

Lender

Irwin Mtg Corp

Loan start date

January 1999

Original loan amount

$240,000

Est. remaining balance

$63,918

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

William E Dugan and Andrea M Dugan

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: 02/23/2025 at 6:45 AM

Listing updated: 02/20/2025 at 4:50 PM

Listed by: David C Tucker, RE/MAX Fine Properties Phone #: (480) 792-9500

MLS: ArizonaRegional #6802268

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