tomo logo

$685,000

Beds
3
Baths
2.0
sq ft
1,500

8115 East Cypress Street, Scottsdale, AZ 85257

8115 East Cypress Street

Scottsdale, AZ 85257

  • 4 days on market
    • Open house Apr 06
Experience luxury living in this stunning 3-bed, 2-bath home in the heart of Old Town Scottsdale! Perfect as a family home or investment, this high-end remodel sits among thriving Airbnbs, offering excellent income potential. The open concept floor plan seamlessly connects the spacious living area to the chef's kitchen, featuring top-tier appliances, quartz countertops, a beautiful backsplash, and sleek cabinetry. Thoughtful upgrades throughout provide modern luxury with timeless elegance. Located in the Scottsdale Unified School District and just minutes from premier shopping, dining, and entertainment, this is a rare opportunity in one of Arizona's hottest markets!

Details

Property type

Single Family Residence

Est. home value

$616,986

Lot size

6,935 sq ft

Price per sq ft

$457

Year built

1959

Annual property taxes

$1,148

HOA

No

Price History

04/03/2025
ArizonaRegional

ArizonaRegional #6843358

Listed
$685,000
+43.91%
12/15/2020
ArizonaRegional

ArizonaRegional #6156311

Sold
$476,000
+29%
07/17/2020
ArizonaRegional

ArizonaRegional #6098815

Sold
$369,000

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Hohokam Elementary School

Middle school: 

Tonalea Middle 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

$221,367
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$408,833
Cash to seller
$221,367

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

December 2020

Original loan amount

$452,200

Est. remaining balance

$408,833

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Ann Phalen

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: 04/03/2025 at 7:30 PM

Listing updated: 04/03/2025 at 12:21 AM

Listed by: Margaret Botha, RETSY Phone #: (602) 842-0000

MLS: ArizonaRegional #6843358

ArizonaRegional logo