tomo logo

$365,000

Beds
2
Baths
2.0
sq ft
1,116

8651 East Royal Palm Road Unit 218, Scottsdale, AZ 85258

8651 East Royal Palm Road Unit 218

Scottsdale, AZ 85258

  • 91 days on market
    • Price drop $7,500↓
Great central location, convenient to McCormick Ranch's restaurants and walking path along the lake and minutes from Loop 101, Salt River Fields and all that Scottsdale has to offer. This 2 bed/2 bath condo features a primary suite with walk-in closet and private balcony, granite counters and SS appliances in kitchen, new interior blinds throughout, wood burning fireplace in family room and secondary balcony with storage room. The community provides two pools, tennis and pickleball courts.

Details

Property type

Condominium

Est. home value

$380,241

Lot size

128 sq ft

Price per sq ft

$328

Year built

1984

Annual property taxes

$888

Monthly HOA fee

$295

Price History

01/15/2025
ArizonaRegional

ArizonaRegional #6774392

Price change
$365,000
-2.01%
10/22/2024
ArizonaRegional

ArizonaRegional #6774392

Listed
$372,500
+9.88%
10/20/2021
ArizonaRegional

ArizonaRegional #6295110

Sold
$339,000

Schools & Community

Neighborhood: 

North Scottsdale

Elementary school: 

Cochise Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral High School

Community features: 

Tennis Court(s), Clubhouse, Fitness Center, Pool, Sidewalks

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

$52,555
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$283,245
Cash to seller
$52,555

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

October 2021

Original loan amount

$305,100

Est. remaining balance

$283,245

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Kathleen Lord

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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9445 North 94th Place Unit 102, Scottsdale, AZ 85258

Status: Active

Tomo last checked: 01/22/2025 at 12:00 PM

Listing updated: 01/15/2025 at 9:26 AM

Listed by: Debbie Sinagoga, Russ Lyon Sotheby's International Realty Phone #: (480) 585-7070

MLS: ArizonaRegional #6774392

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