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$1,990,000

Beds
3
Baths
2.5
sq ft
3,326

7039 East Mcdonald Drive, Paradise Valley, AZ 85253

7039 East Mcdonald Drive

Paradise Valley, AZ 85253

  • 135 days on market
    • Price drop $160,000↓
Located in the prestigious Paradise Valley just a short bike ride away from Kiva Elementary school with dominant VIEWS of Camelback Mountain! The 3 bed, 3 bath, 3,345 sqft home sits tucked away with a long driveway adding to the property's privacy and tranquility. The backyard features a large grass area lined with citrus trees, children's play area + an oversized pool. Additionally the home sits in close proximity to all the fabulous restaurants and shops Scottsdale has to offer!

Details

Property type

Single Family Residence

Est. home value

$2,207,359

Lot size

0.8 acres

Price per sq ft

$599

Year built

1960

Annual property taxes

$3,704

Price History

05/23/2024
ArizonaRegional

ArizonaRegional #6664934

Price change
$1,990,000
-7.44%
02/16/2024
ArizonaRegional

ArizonaRegional #6664934

Listed
$2,150,000
-1.15%
02/08/2024
ARMLS

ARMLS #6548252

Removed
$2,175,000

Schools & Community

Elementary school: 

Kiva Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro Elementary School

High school district: 

Scottsdale 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

$1,147,778
Asking price
$1,990,000
Closing costs (~8% of asking)
-$159,200
Est. remaining loan balance
-$683,022
Cash to seller
$1,147,778

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

Seller’s Loan History

Lender

American Brokers Conduit

Loan start date

February 2007

Original loan amount

$1,061,975

Est. remaining balance

$683,022

Interest rate

6.18%

Loan type

Not Provided, 30 year

Seller

Babak Rashidi

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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7026 East Chaparral Road, Paradise Valley, AZ 85253

Status: Active

Tomo last checked: 06/30/2024 at 12:50 PM

Listing updated: 05/23/2024 at 11:44 AM

Listed by: Joan A Levinson, Realty ONE Group Phone #: (602) 953-4000

MLS: ArizonaRegional #6664934

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