tomo logo

$875,000

Beds
3
Baths
2.0
sq ft
2,056

8705 East Monterosa Avenue, Scottsdale, AZ 85251

8705 East Monterosa Avenue

Scottsdale, AZ 85251

  • 37 days on market
    • Price drop $24,500↓
* One of a kind remodel in the heart of Scottsdale * Solid white oak flooring * Open kitchen with huge island * Custom Scottsdale Cabinets in kitchen and bathrooms * Professional series appliances featuring a double refrigerator/freezer, wall oven/microwave and flat cooktop with pot filler * Smooth textured walls throughout * Amazing bathrooms with walk in showers and soaking tub * All new faucets, sinks, mirrors and lighting * Ceiling fans and can lights throughout * New baseboards, doors and windows * New 5 ton Trane A/C unit * Across the street from pool and clubhouse * Great HOA * Remodel costs north of $240k *

Details

Property type

Townhouse

Est. home value

$566,956

Lot size

4,623 sq ft

Price per sq ft

$426

Year built

1969

Annual property taxes

$1,775

Monthly HOA fee

$178

Price History

09/16/2024
ArizonaRegional

ArizonaRegional #6746737

Price change
$875,000
-2.72%
08/21/2024
ArizonaRegional

ArizonaRegional #6746737

Listed
$899,500
-5.32%
08/01/2024
ArizonaRegional

ArizonaRegional #6731397

Removed
$950,000

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Navajo Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro 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

$475,676
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$329,324
Cash to seller
$475,676

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

November 2020

Original loan amount

$360,000

Est. remaining balance

$329,324

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Jordan I Silverman

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: 09/28/2024 at 2:25 PM

Listing updated: 09/16/2024 at 2:19 PM

Listed by: Tom Anderson, Realty Executives Phone #: (480) 948-9450

MLS: ArizonaRegional #6746737

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