tomo logo

$1,599,000

Beds
3
Baths
2.5
sq ft
2,562

8109 East Gary Road, Scottsdale, AZ 85260

8109 East Gary Road

Scottsdale, AZ 85260

  • Pending
    • Price drop $100,000↓
Incredible opportunity in one of the most sought after neighborhoods in all of Scottsdale Surrounded by a ton of multi million dollar homes, this pocket of the Cactus Corridor is not easy to buy into. This home features two living spaces on one lot. Main: 2562 sqft, 3 beds, 2.5 bath, 2 car garage, laundry room, attached workshop and pool. Guest: 1331 sqft 2 bed, 1.5 bath, full kitchen, laundry, large closet space and an oversized 1 car garage. With no HOA and horses allowed, the possibilities are nearly endless. Next door to McCormick Ranch, 101 Loop, and Kierland/Quarter, in a fantastic School District (3 C's), don't miss the chance to call Sundown Ranchos home.

Details

Property type

Single Family Residence

Est. home value

$1,424,947

Lot size

1.0 acres

Price per sq ft

$625

Year built

1965

Annual property taxes

$3,444

Price History

07/06/2024
ArizonaRegional

ArizonaRegional #6676192

Pending
$1,599,000
06/28/2024
ArizonaRegional

ArizonaRegional #6676192

Price change
$1,599,000
-5.89%
06/22/2024
ArizonaRegional

ArizonaRegional #6676192

Pending
$1,699,000

Schools & Community

Neighborhood: 

North Scottsdale

Elementary school: 

Cochise Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral 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

$919,805
Asking price
$1,599,000
Closing costs (~8% of asking)
-$127,920
Est. remaining loan balance
-$551,275
Cash to seller
$919,805

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

Seller’s Loan History

Lender

Nationstar Mortgage Llc

Loan start date

April 2022

Original loan amount

$574,000

Est. remaining balance

$551,275

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Charles David Smith and Sherri Ashton Smith

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?

Similar Homes Nearby

Price drop
ArizonaRegional
$1,549,000
3 bd
|
3 ba
|
2,720 sq ft
|
House

8314 East Appaloosa Trail, Scottsdale, AZ 85258

ArizonaRegional
$1,470,000
3 bd
|
3 ba
|
2,439 sq ft
|
House

7347 East Turquoise Avenue, Scottsdale, AZ 85258

New
ArizonaRegional
$1,425,000
3 bd
|
2 ba
|
2,324 sq ft
|
House

7624 East Charter Oak Road, Scottsdale, AZ 85260

Status: Pending/Under Contract

Tomo last checked: 07/07/2024 at 5:45 AM

Listing updated: 07/06/2024 at 9:33 AM

Listed by: Nicholas L. Carlson, Launch Powered By Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6676192

ArizonaRegional logo

Recently listed in Scottsdale