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$1,600,000

Beds
5
Baths
4.5
sq ft
3,569

8642 East Camino Real, Scottsdale, AZ 85255

8642 East Camino Real

Scottsdale, AZ 85255

  • 48 days on market
    • Price drop $100,000↓
Check out this amazing opportunity in the heart of Pinnacle Peak! Nestled on over 2 acres, this is one of the rare gems available in the beautiful GATED community of Pinnacle Paradise. Tucked away at the back of the neighborhood, this quiet & private property features a huge fenced backyard, just waiting for your vision. There is an abundance of space in this 5 bedrooms & 4.5 bathrooms home, 4 bedrooms equipped with its own ensuite. The split floor plan includes a spacious primary suite with a bonus room that's perfect for an office or workout space. If you're looking to live or invest in the Pinnacle Peak area, this is your chance! You'll be just minutes away from DC Ranch, Kierland, Scottsdale Quarter, & TPC Scottsdale, with plenty of shopping & dining options nearby. Don't miss out!

Details

Property type

Single Family Residence

Est. home value

$1,569,586

Lot size

2.31 acres

Price per sq ft

$449

Year built

1997

Annual property taxes

$6,028

Monthly HOA fee

$59.08

Price History

12/16/2024
ArizonaRegional

ArizonaRegional #6767390

Price change
$1,600,000
-5.88%
11/26/2024
ArizonaRegional

ArizonaRegional #6767390

Price change
$1,700,000
-5.5%
11/05/2024
ArizonaRegional

ArizonaRegional #6767390

Listed
$1,799,000
+106.78%

Schools & Community

Neighborhood: 

North Scottsdale

Elementary school: 

Pinnacle Peak Preparatory

Middle school: 

Mountain Trail Middle School

High school: 

Pinnacle High School

Community features: 

Gated

High school district: 

Paradise Valley 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

$1,066,916
Asking price
$1,600,000
Closing costs (~8% of asking)
-$128,000
Est. remaining loan balance
-$405,084
Cash to seller
$1,066,916

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

June 2020

Original loan amount

$447,400

Est. remaining balance

$405,084

Interest rate

3.31%

Loan type

New Conventional, 30 year

Seller

Phyllis M Ariano Sigmund

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: 12/22/2024 at 6:10 PM

Listing updated: 12/21/2024 at 4:05 PM

Listed by: Kimberly Mazinter, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6767390

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