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$780,000

Beds
3
Baths
2.0
sq ft
1,252

7147 East Rancho Vista Drive Unit 4007, Scottsdale, AZ 85251

7147 East Rancho Vista Drive Unit 4007

Scottsdale, AZ 85251

  • 40 days on market
    • Open house Apr 01
3/2/1 Rate Buy Down - Exquisite Fully Furnished Residence offers both luxury living and a prime investment opportunity. Boasting beautiful courtyard views, floor-to-ceiling windows, and an open-concept design, this home seamlessly blends sophistication and comfort. Ideally suited for investors, this unit presents strong rental potential in one of Scottsdale's most sought-after communities. Residents enjoy world-class amenities, including 2 outdoor pools, an indoor lap pool with spas, steam saunas, a cutting-edge fitness center, indoor courts, a putting green, and on-site dining. PLUS, THE SELLER IS OFFERING A 3/2/1 BUY DOWN, MAKING HOMEOWNERSHIP MORE AFFORDABLE! All within walking distance of Scottsdale's premier restaurants, luxury shopping, and vibrant nightlife.

Details

Property type

Condominium

Est. home value

$716,056

Lot size

1,268 sq ft

Price per sq ft

$624

Year built

2007

Annual property taxes

$1,991

Monthly HOA fee

$906.98

Price History

02/19/2025
ArizonaRegional

ArizonaRegional #6823227

Listed
$780,000
+100%
06/22/2020
ArizonaRegional

ArizonaRegional #5757877

Sold
$390,000

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Kiva Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro High School

Community features: 

Racquetball, Fitness Center, Pool

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

$401,686
Asking price
$780,000
Closing costs (~8% of asking)
-$62,400
Est. remaining loan balance
-$315,914
Cash to seller
$401,686

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

June 2020

Original loan amount

$351,000

Est. remaining balance

$315,914

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Mohan Ramalingam

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: 04/01/2025 at 2:55 PM

Listing updated: 03/30/2025 at 1:21 PM

Listed by: Julie Elaine Jarmiolowski, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6823227

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