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$630,000

Beds
3
Baths
2.5
sq ft
2,172

8866 East Shangri La Road, Scottsdale, AZ 85260

8866 East Shangri La Road

Scottsdale, AZ 85260

  • 20 days on market
Located in the heart of Scottsdale, this beautifully updated 3-bedroom, 2.5-bathroom plus loft home offers 2,172 sq. ft of living space. Step inside to find LVP flooring throughout, complemented by neutral paint that sets a welcoming tone. The kitchen is designed for both cooking and gathering, featuring granite counter tops, a gas range, stainless steel appliances, and subway tile backsplash. Upgraded lighting and sleek hardware add a modern touch. The flexible floor plan includes a bonus loft upstairs, ideal for a home office, play area, or workout space. The oversized primary bedroom includes a walk-in closet. Outside, enjoy the privacy and ease of a low-maintenance, lock-and-leave style yard. The home also offers direct access to the adjacent greenbelt park, perfect for pets or kids to run and play. Centrally located in the Shea Corridor with easy access to Scottsdale's top shopping and dining, plus Honor Health, Mayo Clinic and the 101 Freeway. This home is truly move-in ready whether you call Arizona your full-time home or a part-time escape.

Details

Property type

Single Family Residence

Est. home value

$644,383

Lot size

2,205 sq ft

Price per sq ft

$291

Year built

1998

Annual property taxes

$1,511

Monthly HOA fee

$70

Price History

11/01/2024
ArizonaRegional

ArizonaRegional #6778719

Listed
$630,000
+57.5%
07/12/2018
ArizonaRegional

ArizonaRegional #5705215

Sold
$400,000

Schools & Community

Neighborhood: 

North Scottsdale

Elementary school: 

Zuni Hills Elementary School

Middle school: 

Mountainside Middle School

High school: 

Desert Mountain 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

$329,465
Asking price
$630,000
Closing costs (~8% of asking)
-$50,400
Est. remaining loan balance
-$250,135
Cash to seller
$329,465

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

Seller’s Loan History

Lender

Homestead Funding Corp

Loan start date

May 2020

Original loan amount

$336,000

Est. remaining balance

$250,135

Interest rate

2.92%

Loan type

New Conventional, 15 year

Seller

Ajeet Singh Nagra and Kiranpal Kaur Nagra

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: 11/21/2024 at 8:05 PM

Listing updated: 11/18/2024 at 12:41 AM

Listed by: Shay Noonan, Real Broker Phone #: (480) 442-9868

MLS: ArizonaRegional #6778719

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