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$429,000

Beds
2
Baths
2.0
sq ft
1,544

5809 East Thomas Road, Scottsdale, AZ 85251

5809 East Thomas Road

Scottsdale, AZ 85251

  • 36 days on market
    • Price drop $10,999↓
MOVE-IN READY!! This charming and spacious 2 Bedroom & 2 Bath Town Home boasts over 1,500 SQUARE FEET, making it a clear standout from the rest of the market. Modern appliances paired with strong 70's architecture bring new meaning to living in comfort. With an open floor plan, you can design this home to your heart's content. Enjoy the creative space of your new living room, or soak in the beautiful view of Camelback Mountain straight from your private backyard. Located just outside of the heart of Old Town and around the corner from Arcadia, this low-traffic location is extremely accessible while still offering quick access to Phoenix, Tempe, and Scottsdale's most esteemed destinations. (ONLY 15 MINUTES FROM SKY HARBOR AIRPORT!) This property features a beautifully maintained lawn and shrubbery, a shared pool area with a hot tub & tanning beds, and an ENTIRE clubhouse, loaded with Pool Tables, dining areas, and a personal gym. EVERYTHING in this home is new! -New Paint on exterior of entire community (Aug. 2024) -FRESHLY painted eggshell interior (Feb. 2025) -New A/C Unit (Replaced Oct. 2024) -New Electric Panel and Breakers (Replace Oct. 2024) -Modern WINDOWS to keep that A/C bill down! (April 2024) -New Fans/Lighting Fixtures (Oct. 2024) -New Bathroom Vanity/Mirrors (Oct. 2024) -New Outlets & GFCI Protection (Oct. 2024) -Water Heater, Fridge, Dishwasher, Washer/Dryer (March 2021) Other key features: -Two covered parking spots + one guest space -Walk-in closet inside spacious master suite -Personal storage shed -Landscape maintained -Nearby to Sky Harbor, Scottsdale Fashion Square, Spring Training Facilities, Arcadia, Old Town This property is MOVE-IN ready, or could make a fantastic investment opportunity, with rental potential. Don't miss out!

Details

Property type

Condominium

Est. home value

$429,983

Lot size

2,909 sq ft

Price per sq ft

$278

Year built

1971

Annual property taxes

$1,450

Monthly HOA fee

$269.5

Price History

03/31/2025
ArizonaRegional

ArizonaRegional #6825408

Price change
$429,000
-2.5%
03/16/2025
ArizonaRegional

ArizonaRegional #6825408

Price change
$439,999
-2.22%
02/28/2025
ArizonaRegional

ArizonaRegional #6825408

Listed
$449,999
-0.55%

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Griffith Elementary School

Middle school: 

Griffith Elementary School

High school: 

Camelback High School

Community features: 

Clubhouse, Fitness Center, Pool, Sidewalks

High school district: 

Phoenix Union High School 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

$54,100
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$340,580
Cash to seller
$54,100

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

March 2022

Original loan amount

$362,000

Est. remaining balance

$340,580

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Robert Martin and Richard Martin

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?

Status: Active

Tomo last checked: 04/01/2025 at 3:00 PM

Listing updated: 03/31/2025 at 4:06 PM

Listed by: Mary Almaguer, Apache Gold Realty, LLC Phone #: (602) 622-6581

MLS: ArizonaRegional #6825408

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