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$1,150,000

Beds
2
Baths
2.0
sq ft
1,695

7222 East Gainey Ranch Road Unit 241, Scottsdale, AZ 85258

7222 East Gainey Ranch Road Unit 241

Scottsdale, AZ 85258

  • 97 days on market
    • Price drop $100,000↓
Explore luxury living within the exclusive Oasis at Gainey Ranch in this 1 level residence. Recently refreshed with new paint & modern upgrades, this 2bed/2bath unit welcomes you into a space filled with abundant natural light & an impressive entertainment area. Venture onto the expansive patio, ideal for hosting gatherings & soaking in golf course views. Lounge by the pool or immerse yourself in the amenities of the Estate Club, including fitness center, pickleball & tennis courts. Treat yourself with the elegant stand-alone tub, adding a touch of luxury as you wind down. Elevate your lifestyle with the smart features of this home, including cutting-edge technology for AC & lighting control through the property. Discover unparalleled comfort & sophistication in this stunning abode.

Details

Property type

Townhouse

Est. home value

$845,200

Lot size

155 sq ft

Price per sq ft

$679

Year built

1991

Annual property taxes

$2,488

Monthly HOA fee

$372

Price History

06/03/2024
ArizonaRegional

ArizonaRegional #6681693

Price change
$1,150,000
-8%
03/27/2024
ArizonaRegional

ArizonaRegional #6681693

Listed
$1,250,000
+206.37%
02/12/2016
ArizonaRegional

ArizonaRegional #5361426

Sold
$408,000

Schools & Community

Neighborhood: 

North Scottsdale

Elementary school: 

Cochise Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral High School

Community features: 

Gated, Golf, Tennis Court(s), Clubhouse, Fitness Center

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

$753,808
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$304,192
Cash to seller
$753,808

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

Seller’s Loan History

Lender

Venta Financial Group Inc

Loan start date

February 2016

Original loan amount

$367,200

Est. remaining balance

$304,192

Interest rate

3.96%

Loan type

New Conventional, 30 year

Seller

Vartan Arabyan

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 9:10 AM

Listing updated: 06/28/2024 at 9:33 AM

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

MLS: ArizonaRegional #6681693

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