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$1,200,000

Beds
4
Baths
2.5
sq ft
2,421

5850 East Le Marche Avenue, Scottsdale, AZ 85254

5850 East Le Marche Avenue

Scottsdale, AZ 85254

  • 48 days on market
Experience the perfect blend of masterful design and contemporary luxury in this stunning Spanish-style home, ideally situated in the much sought-after Scottsdale community of Spanish Wells. The meticulously landscaped exterior pays homage to the beauty of the Southwest while being lush and green. Step inside to find an inviting, light-filled space adorned with calming neutral tones, allowing for personal expression and style. The kitchen offers an expansive quartz center island that serves as a striking centerpiece, surrounded by ample cabinetry, sleek quartz surfaces, and stainless-steel appliances. The true highlight of this home is the outdoor oasis, a breathtaking lush landscape complete with a sparkling blue pool and multiple patio areas, perfect for enjoying the Arizona sunshine! Adjacent to the kitchen is a charming breakfast nook that boasts a generous bay window with an inviting view of the lush landscaping, multiple patios and sparkling pool. The family room, anchored by a beautiful fireplace and yet more great views of the resort style backyard and pool invites relaxation and tranquility. Each of the spacious bedrooms offers comfort and versatility for any family

Details

Property type

Single Family Residence

Est. home value

$906,742

Lot size

9,627 sq ft

Price per sq ft

$496

Year built

1988

Annual property taxes

$3,667

Price History

10/05/2024
ArizonaRegional

ArizonaRegional #6760120

Listed
$1,200,000
+55.84%
07/16/2021
ArizonaRegional

ArizonaRegional #6237125

Sold
$770,000
+58.11%
07/24/2014
ArizonaRegional

ArizonaRegional #5118865

Sold
$487,000

Schools & Community

Neighborhood: 

Paradise Valley

Elementary school: 

North Ranch Elementary School

Middle school: 

Desert Shadows 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

$547,594
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$556,406
Cash to seller
$547,594

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

July 2021

Original loan amount

$600,000

Est. remaining balance

$556,406

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Ghazal Mostajabian and Amer Vincent Ali

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: 11/21/2024 at 6:15 PM

Listing updated: 11/17/2024 at 12:58 AM

Listed by: Gene Hastings, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6760120

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