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$1,295,000

Beds
5
Baths
2.0
sq ft
1,993

8707 East Clarendon Avenue, Scottsdale, AZ 85251

8707 East Clarendon Avenue

Scottsdale, AZ 85251

  • 90 days on market
    • Price drop $100,000↓
Introducing the ''House of Gucci.'' a property that redefines what luxury, tranquility, and living your best life looks like! This stunning home features a spacious 5 bed/2 bath with the finest decor exuding elegance and beauty! The bright open floor plan leads out to the resort like backyard where endless fun begins. Take a dip in your sparkling heated pool and spa, roast marshmallows by the fire pit, entertain friends at your BBQ, or putting green, or simply just lounge on the beautiful outdoor furniture. Or perhaps stay inside the custom game room gathering with family and friends making memories. All this and in the most sought after part of Sunny Scottsdale, just minutes from the heart of Old Town where you can enjoy the finest dining, shopping and night life!

Details

Property type

Single Family Residence

Est. home value

$1,048,987

Lot size

6,386 sq ft

Price per sq ft

$650

Year built

1971

Annual property taxes

$2,154

Price History

09/24/2024
ArizonaRegional

ArizonaRegional #6746680

Price change
$1,295,000
-7.17%
09/17/2024
ArizonaRegional

ArizonaRegional #6746680

Price change
$1,395,000
-6.69%
08/21/2024
ArizonaRegional

ArizonaRegional #6746680

Listed
$1,495,000
+38.17%

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Pima Elementary School

Middle school: 

Supai 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

$563,996
Asking price
$1,295,000
Closing costs (~8% of asking)
-$103,600
Est. remaining loan balance
-$627,404
Cash to seller
$563,996

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

Seller’s Loan History

Lender

Groves Capital Inc

Loan start date

August 2022

Original loan amount

$647,000

Est. remaining balance

$627,404

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Aleyna Groves and Christoffer Groves

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: 11/19/2024 at 6:35 PM

Listing updated: 10/26/2024 at 11:59 PM

Listed by: Nancy Naysan, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6746680

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