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$779,623Estimated home value

Beds
2
Baths
2.0
sq ft
1,233

7141 East Rancho Vista Drive Unit 5005, Scottsdale, AZ 85251

7141 East Rancho Vista Drive Unit 5005

Scottsdale, AZ 85251

  • Sold On 6/26/2023
Gorgeous North facing patio with stunning views of Camelback and the McDowell mountains is just the tip of the iceberg! This roomy and beautiful 2 bedroom, 2 bath condo on the 5th floor is perfectly situated within the Optima with beautiful views from every room, has new porcelain tile throughout and BONUS: GATED PARKING SPACE HAS A TESLA CHARGER! The Optima, located in the HEART of Scottsdale, offers a serene environment with the sound of bubbling water from the scattered fountains and water features filling the air. Lush green plants everywhere! 2 outdoor pools, indoor lap pool, steam saunas, indoor basketball court, indoor racquetball court, state of the art fitness facility, putting green & on-site restaurant. Second parking space available for sale.

Details

Property type

Condominium

Est. home value

$779,623

Lot size

1,240 sq ft

Price per sq ft

$648

Year built

2007

Annual property taxes

$2,851

Monthly HOA fee

$891.9

Price History

03/12/2025
ArizonaRegional

ArizonaRegional #6682197

Removed
$899,500
02/07/2025
ArizonaRegional

ArizonaRegional #6682197

Price change
$899,500
-5.32%
01/31/2025
ArizonaRegional

ArizonaRegional #6682197

Price change
$950,000
-3.55%

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Kiva Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro High 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

$497,757
Asking price
$798,000
Closing costs (~8% of asking)
-$63,840
Est. remaining loan balance
-$236,403
Cash to seller
$497,757

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

Seller’s Loan History

Lender

Alliance Financial Resources Llc

Loan start date

March 2018

Original loan amount

$393,300

Est. remaining balance

$236,403

Interest rate

3.68%

Loan type

New Conventional, 15 year

Seller

Geoffrey Lilienfeld

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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7131 East Rancho Vista Drive Unit 3001, Scottsdale, AZ 85251

Status: Off Market

Tomo last checked: 04/02/2025 at 4:40 PM

Listing updated: 01/16/2025 at 12:05 PM

Listed by: Andrea K Lilienfeld, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6100159

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