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$640,000

Beds
3
Baths
1.75
sq ft
1,698

7525 East Palm Lane, Scottsdale, AZ 85257

7525 East Palm Lane

Scottsdale, AZ 85257

  • 2 days on market
Home, sweet home! This charming 3-bedroom residence welcomes you with a carport and convenient RV gate. Fresh paint throughout the home. The living room features a soothing palette, attractive wood-look flooring, and sliding doors that lead to the backyard for seamless indoor-outdoor living. Cook delicious meals in the gourmet kitchen, equipped with granite counters, white shaker cabinets, recessed lighting, a tile backsplash, stainless steel appliances, a practical pass-through, and an island with a breakfast bar for casual meals. The main bedroom showcases an en suite bathroom for convenience. Venture out onto the sizeable backyard, offering a full-length covered patio, pristine artificial turf, space for RV parking, and plenty of space for crafting your dream oasis. Don't miss out on this opportunity.

Details

Property type

Single Family Residence

Est. home value

$627,173

Lot size

7,479 sq ft

Price per sq ft

$377

Year built

1957

Annual property taxes

$1,525

HOA

No

Price History

01/04/2025
ArizonaRegional

ArizonaRegional #6800050

Listed
$640,000
+89.63%
01/06/2017
ArizonaRegional

ArizonaRegional #5488571

Sold
$337,500

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Pima Elementary School

Middle school: 

Pima Elementary School

High school: 

Coronado 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

$357,417
Asking price
$640,000
Closing costs (~8% of asking)
-$51,200
Est. remaining loan balance
-$231,383
Cash to seller
$357,417

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

Seller’s Loan History

Lender

Winnpointe Corporation

Loan start date

August 2020

Original loan amount

$255,200

Est. remaining balance

$231,383

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Michael Melley and Saga Melley

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?

Status: Active

Tomo last checked: 01/06/2025 at 2:20 AM

Listing updated: 01/03/2025 at 7:15 PM

Listed by: Shawna Glazier, Bespoke Real Estate, LLC Phone #: (480) 221-9932

MLS: ArizonaRegional #6800050

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