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$279,900

Beds
1
Baths
1.0
sq ft
870

7940 East Camelback Road Unit 506, Scottsdale, AZ 85251

7940 East Camelback Road Unit 506

Scottsdale, AZ 85251

  • 95 days on market
    • Price drop $6,100↓
Check out this Scottsdale Gem! A 1 bed/1 bath on the 5th floor with stunning mountain views and it comes fully furnished! This location is spectacular! Near the Scottsdale Waterfront you can enjoy a plethora of restaurants, nightlife, shopping, parks, and cultural events. Near 3 grocery stores and adjacent to the Scottsdale Green Belt. Secure location with guarded entry and underground parking. HOA fee covers AC/Heat, Water, Trash, and All Amenities include 3 pools, a spa, 2 tennis courts, 9-hole golf course, library, ceramics and art studios, fitness center, billiards/ping-pong room, and a wood shop. WOW! Parking Space #41 in Garage #26. 5th floor Community Laundry ($0.50/wash & $0.25/dry). Dogs under 20 lbs. allowed. Rentals allowed after first year. Storage locker approx. 3'x5'.

Details

Property type

Condominium

Est. home value

$258,463

Lot size

913 sq ft

Price per sq ft

$322

Year built

1974

Annual property taxes

$460

Monthly HOA fee

$491.99

Price History

10/15/2024
ArizonaRegional

ArizonaRegional #6741790

Price change
$279,900
-2.13%
08/09/2024
ArizonaRegional

ArizonaRegional #6741790

Listed
$286,000
+70.75%
12/12/2019
ArizonaRegional

ArizonaRegional #6000153

Sold
$167,500

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Navajo Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro 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

$144,233
Asking price
$279,900
Closing costs (~8% of asking)
-$22,392
Est. remaining loan balance
-$113,275
Cash to seller
$144,233

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

December 2019

Original loan amount

$125,625

Est. remaining balance

$113,275

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Patrick J Hern

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: 11/12/2024 at 11:25 PM

Listing updated: 10/14/2024 at 8:20 PM

Listed by: Josh A Nies, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6741790

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