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$1,549,000

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
    • Open house Apr 06
Welcome home to this exceptional opportunity in the highly sought-after Paradise Park neighborhood of McCormick Ranch! This home boasts nearly 4,000 square feet, featuring vaulted ceilings and a spacious primary suite conveniently located on the first floor. Upstairs, you'll find three guest rooms, a teen room or living room, and a guest bathroom. Situated on a private cul-de-sac lot, the property is enhanced by lush landscaping and a synthetic grass play area. The home is move-in ready but offers plenty of potential for your personal touch. One AC unit is approximately 4 years old, while the other and the water heater are both around 1 year old. Additionally, the storage room behind the laundry room presents an opportunity to increase the square footage and create a larger laundry area.

Details

Property type

Single Family Residence

Est. home value

$1,600,470

Property condition

Fixer

Lot size

0.26 acres

Price per sq ft

$404

Year built

1981

Annual property taxes

$4,674

Monthly HOA fee

$21.25

Price History

04/03/2025
ArizonaRegional

ArizonaRegional #6845213

Listed
$1,549,000
-3.13%
02/25/2025
ArizonaRegional

ArizonaRegional #6810504

Removed
$1,599,000
02/23/2025
ArizonaRegional

ArizonaRegional #6810504

Listed
$1,599,000
+153.81%

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

$1,032,329
Asking price
$1,549,000
Closing costs (~8% of asking)
-$123,920
Est. remaining loan balance
-$392,751
Cash to seller
$1,032,329

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

$392,751

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: 04/04/2025 at 2:30 AM

Listing updated: 04/03/2025 at 11:11 AM

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

MLS: ArizonaRegional #6845213

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