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$1,200,000

Beds
4
Baths
2.0
sq ft
2,504

5521 East Gelding Drive, Scottsdale, AZ 85254

5521 East Gelding Drive

Scottsdale, AZ 85254

  • 8 days on market
    • Open house Sep 22
Beautifully updated single story home located in the highly desirable 85254 zip code in the heart of Scottsdale. Perfectly situated on a premium oversized north/south facing lot, this meticulously maintained luxury residence offers bright, open living areas, custom finishes throughout, and complete privacy as it backs onto acre-plus properties. The formal living, dining and main living spaces feature stunning vaulted wood plank ceilings with beams, complimenting wide plank wood flooring, and an abundance of natural light. Spacious great room showcases a gorgeous stone fireplace, oversized windows, and a large french door leading to the patio allowing the perfect blend of indoor/outdoor living. The gourmet kitchen features custom cabinetry, rich granite countertops, a center island with a breakfast bar, porcelain subway tile backsplash, high-end stainless steel appliances and a separate pantry. The oversized primary suite is highlighted by crown molding, wood flooring, a cozy seating area, and direct access to the patio. The spa-like en suite bath includes decorative wall molding, a dual sink vanity with neutral granite countertops, a freestanding soaking tub, glass-enclosed shower, separate toilet room, and an expansive walk-in closet with custom built-in cabinets and shelves. Generously sized split secondary bedrooms provide the perfect layout for family and guests. Full secondary bath includes dual sinks, granite countertops and a subway style tiled shower. Fourth bedroom, currently used as an office, features a large sliding glass door with direct access to the patio. The resort-style backyard is an entertainer's paradise, featuring an oversized covered patio with UV blocking fade resistance roller shades, a pass-through window bar, large sparkling diving pool with extended decking, a spacious grassy area, artificial turf putting green, built-in fire pit, and an RV gate. Conveniently located in the heart of Scottsdale, this property is minutes away from several restaurants and shops, including Scottsdale Quarter and Kierland Commons, and easy access to multiple freeways.

Details

Property type

Single Family Residence

Est. home value

$1,000,536

Lot size

0.34 acres

Price per sq ft

$480

Year built

1985

Annual property taxes

$4,070

Price History

09/10/2024
ArizonaRegional

ArizonaRegional #6755231

Listed
$1,200,000
+128.57%
11/30/2015
ArizonaRegional

ArizonaRegional #5280162

Sold
$525,000

Schools & Community

Neighborhood: 

Paradise Valley

Elementary school: 

Liberty Elementary School - Scottsdale

Middle school: 

Sunrise Elementary School

High school: 

Horizon 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

$626,467
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$477,533
Cash to seller
$626,467

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

December 2021

Original loan amount

$507,000

Est. remaining balance

$477,533

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Jeffrey Scott Aulds

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: 09/19/2024 at 12:40 AM

Listing updated: 09/18/2024 at 4:59 PM

Listed by: Nicole Klassen, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6755231

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