tomo logo

$1,599,000

Beds
4
Baths
2.5
sq ft
3,842

8697 East Cheryl Drive, Scottsdale, AZ 85258

8697 East Cheryl Drive

Scottsdale, AZ 85258

  • <1 day on market
Welcome home! McCormick Ranch opportunities are hard to come by especially with almost 4000sqft! Desirable Paradise Park neighborhood in McCormick Ranch! Featuring high ceilings, big primary retreat on 1st floor, 3 guest rooms plus teen room/living room and bathroom upstairs all this located on a private cul de sac lot w/ lush landscape and synthetic grass play area! Home is move in ready but could use personalization touches. 1 AC unit is approx 4 years, the other is approx 1 year old, water heater is approx 1 year. Storage room behind laundry room could be easily captured for more square footage and larger laundry.

Details

Property type

Single Family Residence

Est. home value

$1,600,470

Lot size

0.26 acres

Price per sq ft

$417

Year built

1981

Annual property taxes

$4,674

Monthly HOA fee

$21.25

Price History

02/23/2025
ArizonaRegional

ArizonaRegional #6810504

Listed
$1,599,000
+153.81%
03/29/2019
ArizonaRegional

ArizonaRegional #5799393

Sold
$630,000

Schools & Community

Neighborhood: 

North Scottsdale

Elementary school: 

Cochise Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral High School

Community features: 

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

$1,076,799
Asking price
$1,599,000
Closing costs (~8% of asking)
-$127,920
Est. remaining loan balance
-$394,281
Cash to seller
$1,076,799

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

March 2019

Original loan amount

$441,341

Est. remaining balance

$394,281

Interest rate

4.41%

Loan type

New Conventional, 30 year

Seller

Randall Prosise

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: 02/23/2025 at 6:50 AM

Listing updated: 02/23/2025 at 1:15 AM

Listed by: Jonathan Michael Leaman, America One Luxury Real Estate Phone #: (480) 905-8115

MLS: ArizonaRegional #6810504

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