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$1,250,000

Beds
4
Baths
2.5
sq ft
3,280

5948 East Corrine Drive, Scottsdale, AZ 85254

5948 East Corrine Drive

Scottsdale, AZ 85254

  • 86 days on market
    • Price drop $19,000↓
Step into this elegant Scottsdale home with 4 bedrooms and 2.5 bathrooms on main level and an enclosed loft perfect for an office or home gym. There is also a versatile 252 sf casita with a separate exterior entrance that could be used for a game room, work shop or home based business. This home not only has beautified aesthetics, but also major systems have been updated to provide you peace of mind; new roof, new AC, new pool equipment, new stucco and paint! Experience refined style with white shaker kitchen cabinets set against Marron Cohiba granite and refreshed baths featuring new white quartz countertops. Games abound in your back yard oasis featuring a PebbleTec diving pool, a hot tub for the chilly evenings and a built-in grill for hosting amazing gatherings. Enjoy the durability of slate tile flooring in main living areas and amber bamboo flooring in all bedrooms. The home is filled with natural light through dual pane windows and upgraded appliances for modern convenience. Vaulted ceilings in the living room add a grand touch, while the spacious primary bedroom offers a serene retreat with an ensuite bath, dual sinks, a cozy fireplace and a private patio. Situated in the coveted Magic Zip Code with convenient access to shopping, dining and great schools, this Scottsdale gem is sure to please!

Details

Property type

Single Family Residence

Est. home value

$1,233,086

Lot size

0.35 acres

Price per sq ft

$382

Year built

1978

Annual property taxes

$4,098

Price History

05/24/2024
ArizonaRegional

ArizonaRegional #6686922

Price change
$1,250,000
-1.5%
05/08/2024
ArizonaRegional

ArizonaRegional #6686922

Price change
$1,269,000
-2.31%
04/07/2024
ArizonaRegional

ArizonaRegional #6686922

Listed
$1,299,000
+23.71%

Schools & Community

Neighborhood: 

Paradise Valley

Elementary school: 

Desert Shadows 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

$356,035
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$793,965
Cash to seller
$356,035

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

Seller’s Loan History

Lender

Sprout Mortgage Llc

Loan start date

November 2021

Original loan amount

$840,000

Est. remaining balance

$793,965

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Charles R Drennan Iii and Christen M Drennan

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: 07/02/2024 at 4:35 PM

Listing updated: 06/20/2024 at 10:03 AM

Listed by: Sarah Fye, Russ Lyon Sotheby's International Realty Phone #: (480) 287-5200

MLS: ArizonaRegional #6686922

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