tomo logo

$375,000

Beds
2
Baths
2.0
sq ft
1,140

7625 East Camelback Road Unit B248, Scottsdale, AZ 85251

7625 East Camelback Road Unit B248

Scottsdale, AZ 85251

  • 217 days on market
    • Price drop $15,000↓
A MASSIVE PRICE IMPROVEMENT!! The most highly upgraded condo in all of Old Town Scottsdale for under $400k. This unit is located in one of the only complex's fully approved for short term rentals in Old Town Scottsdale. Better yet, all utilities are covered by the HOA. This completely upgraded unit can be sold furnished. Quartz countertops, stainless steel appliances, handmade Saltillo Spanish tile, gorgeous pebble tile shower, the list goes on & on. The community is filled with amenities - large pool (heated in winter months), spa, recreational room w/ a pool table, community kitchen, BBQ grills, walking paths & laundry facilities. Located less than a mile away from Old Town Scottsdale & Fashion Square Mall. See photos for proximity to condo!

Details

Property type

Condominium

Est. home value

$437,043

Lot size

1,233 sq ft

Price per sq ft

$329

Year built

1971

Annual property taxes

$581

Monthly HOA fee

$597.82

Price History

07/05/2024
ArizonaRegional

ArizonaRegional #6685589

Sold
$402,500
-1.83%
06/18/2024
ArizonaRegional

ArizonaRegional #6685589

Pending
$410,000
04/29/2024
ArizonaRegional

ArizonaRegional #6685589

Price change
$410,000
-3.53%

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Navajo Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro High School

Community features: 

Clubhouse

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

$25,162
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$319,838
Cash to seller
$25,162

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

February 2023

Original loan amount

$326,250

Est. remaining balance

$319,838

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Sean Thompson and Laura Thompson

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: 11/08/2024 at 7:20 AM

Listing updated: 10/29/2024 at 6:00 PM

Listed by: Abby Runck, RE/MAX Solutions Phone #: (480) 610-6500

MLS: ArizonaRegional #6685589

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