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$1,195,000

Beds
4
Baths
2.0
sq ft
1,859

8531 East Fairmount Avenue, Scottsdale, AZ 85251

8531 East Fairmount Avenue

Scottsdale, AZ 85251

  • 55 days on market
THE PERFECT SPOT FOR YOUR BACHELORETTE WEEKEND, GOLF TRIP, BIRTHDAY BASH OR FAMILY VACATION IN PRIME SOUTH SCOTTSDALE LOCATION, PERFECT FOR RESIDENTS & VACATIONERS ALIKE!! WAS IMPECCABLY DESIGNED BY 'SCOTTSDALE'S PREMIER LUXURY BRAND' & IS NOW OPERATING AS AN ESTABLISHED 'INCOME PRODUCING VACATION RENTAL'! WITH IT'S CHIC DÉCOR & INSTA-PHOTO WORTHY RESORT-STYLE BACKYARD, THIS PROPERTY PRESENTS A FABULOUS OPPORTUNITY IN ONE OF AZ'S MOST SOUGHT AFTER ZIP-CODES...Just minutes from the Mecca of what Old Town Scottsdale has to offer in restaurants, shopping & nightlife! The custom designed floor to ceiling glass front doors lead to vaulted open concept living spaces with formal dining room leading into the black designer kitchen fully integrated with KitchenAid appliances. Enjoy the Cocktail/Beverage Bar en-route through wood paneled hallway to the accommodation wing of the home showcasing 4 BEDROOMS/ 2 BATHROOMS with primary en-suite bathroom tucked behind Custom Designed Barn Doors & exits onto the pool! Prepare yourself for endless Sunny Scottsdale days & nights lazying around the HEATED PRIVATE POOL with built-in BBQ, Huge Covered Patio overlooking the Evergreen 'turf'! Add in inside Laundry/ with office built-ins, a 2 CAR GARAGE with 'Signature Lighting & Cabinetry' as well as electric car charging station! IT'S COMPLETELY TURNKEY!

Details

Property type

Single Family Residence

Est. home value

$1,011,871

Lot size

7,272 sq ft

Price per sq ft

$643

Year built

1966

Annual property taxes

$1,815

Price History

06/01/2024
ArizonaRegional

ArizonaRegional #6702407

Listed
$1,195,000
05/15/2024
ArizonaRegional

ArizonaRegional #6702407

Pending
$1,195,000
05/08/2024
ArizonaRegional

ArizonaRegional #6702407

Listed
$1,195,000
+16.13%

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Pima Elementary School

Middle school: 

Tonalea K-8

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

$384,361
Asking price
$1,195,000
Closing costs (~8% of asking)
-$95,600
Est. remaining loan balance
-$715,039
Cash to seller
$384,361

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

Seller’s Loan History

Lender

Luminate Home Loans Inc

Loan start date

March 2023

Original loan amount

$726,000

Est. remaining balance

$715,039

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Leah Bond and Andrew Bond

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: 07/02/2024 at 9:35 AM

Listing updated: 06/04/2024 at 11:06 AM

Listed by: Eve R Treger, Vicsdale Phone #: (602) 697-7663

MLS: ArizonaRegional #6702407

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