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$925,000

Beds
3
Baths
2.0
sq ft
1,980

5507 East Grandview Road, Scottsdale, AZ 85254

5507 East Grandview Road

Scottsdale, AZ 85254

  • 53 days on market
    • Price drop $24,000↓
Move Fast this home is ready for YOU AND YOUR FAMILY. Come and see the largest GREAT ROOM, ITS AN ENTERTAINERS DELIGHT! FIND PERFECT Ceramic wood tiled floors throughout. wood burning fireplace. The kitchen has DAZZLING quartz counter tops. The island measures 8.5 x 4.6 ft, accented with stainless appliances, large walk-in pantry, Marble tiled back splashes. Over-sized bedrooms are split from the primary, suite that has bay window w/arcadia entrance, walk-in and wall closet, new vanities w/granite slab counter tops, over-sized n/s facing lot nestled in the heart of the subdivision. The resort like backyard has pool, hot tub, pavers, and turf to maximize the beauty and minimize the maintenance. See Doc tab for the list of upgrades.

Details

Property type

Single Family Residence

Est. home value

$799,500

Lot size

9,667 sq ft

Price per sq ft

$468

Year built

1985

Annual property taxes

$3,203

HOA

No

Price History

03/20/2025
ArizonaRegional

ArizonaRegional #6814634

Price change
$925,000
-2.53%
03/08/2025
ArizonaRegional

ArizonaRegional #6814634

Price change
$949,000
-2.06%
02/20/2025
ArizonaRegional

ArizonaRegional #6814634

Price change
$969,000
-0.62%

Schools & Community

Neighborhood: 

Paradise Valley

Elementary school: 

North Ranch Elementary School

Middle school: 

Cactus View Elementary 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

$553,478
Asking price
$925,000
Closing costs (~8% of asking)
-$74,000
Est. remaining loan balance
-$297,522
Cash to seller
$553,478

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

November 2020

Original loan amount

$337,719

Est. remaining balance

$297,522

Interest rate

2.9%

Loan type

VA, 26 year

Seller

Steven R Hobbs

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: 04/01/2025 at 3:00 PM

Listing updated: 03/30/2025 at 11:57 PM

Listed by: Jon Musa, HomeSmart Lifestyles Phone #: (480) 390-6683

MLS: ArizonaRegional #6814634

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