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$960,000

Beds
3
Baths
2.5
sq ft
2,787

7332 East Montebello Avenue, Scottsdale, AZ 85250

7332 East Montebello Avenue

Scottsdale, AZ 85250

  • 118 days on market
    • Price drop $260,000↓
MOTIVATED SELLER! PRICE REDUCTION! CAN BE SOLD AS FEE SIMPLE-LOT PRICE IS ADDITIONAL $230,000. Seller would consider competitive 12 month lease. Light, bright, & beautifully remodeled. This end unit sits on a corner lot, offering 3 beds & 2.5 baths. Home exudes elegance with soaring ceilings, complemented by a 3-way gas FP that centers the family, living & dining areas. The kitchen boasts granite counters & white shaker cabinetry. Spacious main bedroom has a sitting area & an ensuite w/all the must-haves. No need to worry about storage inside home & storage room in the garage is HUGE! Covered patio, well-laid pavers, & artificial turf complete the backyard. Stand outside & enjoy views of Camelback Mountain! This home is immaculate & move-in ready!

Details

Property type

Townhouse

Est. home value

$806,833

Lot size

7,111 sq ft

Price per sq ft

$345

Year built

1980

Annual property taxes

$2,063

Monthly HOA fee

$193.33

Price History

02/12/2025
ArizonaRegional

ArizonaRegional #6791029

Price change
$960,000
-21.31%
01/15/2025
ArizonaRegional

ArizonaRegional #6791029

Price change
$1,220,000
+23.23%
12/29/2024
ArizonaRegional

ArizonaRegional #6791029

Price change
$990,000
-10%

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Kiva Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro High School

Community features: 

Sidewalks

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

$283,351
Asking price
$960,000
Closing costs (~8% of asking)
-$76,800
Est. remaining loan balance
-$599,849
Cash to seller
$283,351

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

Seller’s Loan History

Lender

Morgan Stanley Private Bank Na

Loan start date

March 2023

Original loan amount

$615,000

Est. remaining balance

$599,849

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Terrance L Boersma and Terrance L Boersma Trust

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: 04/02/2025 at 4:40 PM

Listing updated: 03/28/2025 at 11:41 PM

Listed by: Stacey Muto, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6791029

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