tomo logo

$1,399,950

Beds
5
Baths
3.0
sq ft
3,349

5604 East Beverly Lane, Scottsdale, AZ 85254

5604 East Beverly Lane

Scottsdale, AZ 85254

  • Pending
This stunning 5-bedroom, 3-bathroom home is an absolute gem, nestled in the highly sought-after ''magic'' zip code of 85254. As a fully furnished, turnkey property, it's currently thriving as an Airbnb with bookings already lined up through the end of the year—an investor's dream! With 3,349 sq ft. of beautifully designed living space on a generous 13,482 sq ft. lot, this home offers high ceilings and abundant natural light creating a bright and airy ambiance throughout the home. The kitchen features stainless steel appliances, a newer fridge, a kitchen island, and a cozy eat-in area for casual meals. The formal dining room provides the perfect setting for more intimate gatherings. Entertainment is a breeze with this home's array of amenities. Guests can enjoy a game of pool, air hockey, or challenge friends on Golden Tee. The primary suite offers a spacious retreat with a large bathroom featuring dual sinks, a makeup vanity, a separate tub and shower, and a spacious closet. The backyard is where this home truly shinesa haven for outdoor living and entertainment. Enjoy a dip in the heated pool, relax in the above-ground heated spa, or engage in friendly competition on the sport court with a newer hoop, putting green, and shuffleboard. This outdoor space is designed to wow your guests and provide endless enjoyment. Located in the heart of Scottsdale's magic zip code, this home offers not just an amazing living experience but also a ready-made income stream. Whether you're an investor seeking a prime addition to your portfolio or someone looking to live in luxury while earning, this property is a must-see!

Details

Property type

Single Family Residence

Est. home value

$1,365,241

Lot size

0.31 acres

Price per sq ft

$419

Year built

1992

Annual property taxes

$4,620

Price History

09/06/2024
ArizonaRegional

ArizonaRegional #6747103

Pending
$1,399,950
08/22/2024
ArizonaRegional

ArizonaRegional #6747103

Listed
$1,399,950
+5.26%
05/20/2022
ArizonaRegional

ArizonaRegional #6359045

Sold
$1,330,000

Schools & Community

Neighborhood: 

Paradise Valley

Elementary school: 

North Ranch Elementary School

Middle school: 

Desert Shadows Middle School - Scottsdale

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

$270,002
Asking price
$1,399,950
Closing costs (~8% of asking)
-$111,996
Est. remaining loan balance
-$1,017,952
Cash to seller
$270,002

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

Seller’s Loan History

Lender

Celebrity Home Loans Llc

Loan start date

April 2022

Original loan amount

$1,064,000

Est. remaining balance

$1,017,952

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Jaime Melicia and Michael Melicia

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?

Similar Homes Nearby

ArizonaRegional
$1,399,000
5 bd
|
3 ba
|
3,349 sq ft
|
House

5679 East Beverly Lane, Scottsdale, AZ 85254

Price drop
ArizonaRegional
$1,275,000
5 bd
|
3 ba
|
3,549 sq ft
|
House

5731 East Claire Drive, Scottsdale, AZ 85254

ArizonaRegional
$1,498,500
5 bd
|
3 ba
|
3,872 sq ft
|
House

5916 East Sandra Terrace, Scottsdale, AZ 85254

Status: Pending/Under Contract

Tomo last checked: 09/16/2024 at 7:40 AM

Listing updated: 09/10/2024 at 8:24 AM

Listed by: Adam Barringer, Keller Williams Arizona Realty Phone #: (480) 767-3000

MLS: ArizonaRegional #6747103

ArizonaRegional logo