Downtown Scottsdale January | February 2012
MORTGAGE DEBT RELIEF ACT will expire 12/31/2012. Save yourself from having to pay taxes on the banks written off loss on your home and execute your short sale with us today. Government programs will credit you up to $3K to short sale your home. Some banks like Chase offer up to $25K. If you have been waiting months on a loan modification, or owe more than your home is worth, please consider this option, and give us a call so we can get you in touch with our Certified Short Sale Negotiator. Welcome to your very own Downtown Scottsdale Lifestyle. Watch for us in your mailbox every other month as we give detailed information to you on real estate activity within the Downtown Scottsdale area. We invite you to call on us for any future buying or selling needs you may have. As specialists in urban downtown real estate, we lend unparalleled knowledge and expertise to every transaction. INTERESTED IN SELLING? If you’ve been wondering when is the right time to sell, it is NOW. Inventory is low and buyer demand is high. We are now officially in a “seller’s market” which is defined as such once the supply and demand adjusts to under a six-month supply of homes. We are currently at a four-month supply! Call us right away to learn how we can properly price and position your property to SELL. LOOKING FOR A BUYER? As the original sales team from the inception of Scottsdale Waterfront, we are privy to numerous interested parties in upscale urban living. That allows us to network and proactively contact potential buyers for your unit – a priceless resource in today’s market.
FROM $398,500 TO $699,500. MODELS ARE NOW OPEN. Safari Drive is more than just a place to live. It is a mid-rise urban neighborhood located in the heart of downtown Scottsdale. Across the street you will find famed Fashion Square Mall and you are a quick walk to urban boutiques, cafes and world class restaurants. Its everything you need surrounded by everything you want. Homes in Safari Drive offer an unmatched set of features that complement the unique aesthetic of the building and set the tone for a stylish life.
real estate activity in scottsdale waterfront BLDG / UNIT
SQ. FT. / BED / BATH
CURRENTLY FOR SALE #502-2 1,457 / 2 / 2 #307-2 1,432 / 2 / 2 #407-1 1,554 / 2 / 2 #204-2 2,117 / 2 / 2.5 #1107-1 2,102 / 2 / 2.5 #301-2 2,501 / 3 / 3.5 #1102-1 2,041 / 2 / 2.5 #803-2 1,659 / 2 / 2.5 #306-2 2,117 / 2 / 2.5 #506-1 2,117 / 2 / 2.5 #601-2 2,503 / 3 / 3.5 #1007-1 2,265 / 2 / 2.5
LIST PRICE
$529,900 $680,000 $695,000 $795,000 $799,000 $849,000 $995,000 $999,000 $999,500 $999,800 $1,150,000 $1,195,000
BLDG / UNIT
SQ. FT. / BED / BATH
LIST PRICE
#1001-2 2,503 / 3 / 3.5 #1202-1 3,363 / 3 / 3.5 #PH07-2 3,940 / 3 / 3.5 SALE PENDING #802-2 2,041 / 2 / 2.5 #706-1 2,011 / 2 / 2.5 SOLD SOLD PRICE #302-2 1,457 / 2 / 2 #504-2 1439 / 2 / 2 #308-2 2,092 / 2 / 2.5 #610-2 2,265 / 3 / 2.5 #1006-2 2,227 / 2 / 2.5 #1105-2 2,975 / 2 / 2.5
$1,295,000 $2,250,000 $2,499,000 $550,000 $995,000 $420,000 $487,500 $790,000 $830,000 $896,700 $1,100,000
real estate activity in optima camelview BLDG / UNIT
SQ. FT. / BED / BATH
CURRENTLY FOR SALE 7141 E Rancho Vista Dr 101 1,016 / 1 / 1.5 7127 E Rancho Vista Dr 5009 1,200 / 2 / 2 7137 E Rancho Vista Dr 3011 2,122 / 3 / 2 7117 E Rancho Vista Dr 1006 1,557 / 2 / 2 7117 E Rancho Vista Dr 2005 1,635 / 2 / 2 7141 E Rancho Vista Dr 6008 1,677 / 2 / 2 7117 E Rancho Vista Dr 4006 1,718 / 3 / 2 7121 E Rancho Vista Dr 6001 1,782 / 3 / 2 7121 E Rancho Vista Dr 6002 3,066 / 3 / 4.5 SALE PENDING 7167 E Rancho Vista Dr 5010 1,527 / 2 / 2 7147 E Rancho Vista Dr 5001 1,389 / 2 / 2 7151 E Rancho Vista Dr 7002 1,384 / 2 / 2 7141 E Rancho Vista Dr 7001 2,089 / 3 / 2 7161 E Rancho Vista Dr 1015 958 / 1 / 1.5 7121 E Rancho Vista Dr 6009 952 / 1 / 1.5 7137 E Rancho Vista Dr 7010 1,410 / 1 / 1 7117 E Rancho Vista Dr 6001 2,190 / 3 / 3 SOLD 7161 E Rancho Vista Dr 2008 940 / 1 / 1.5 7147 E Rancho Vista Dr 5007 1,072 / 1 / 1.5 7147 E Rancho Vista Dr 2008 952 / 1 / 1.5 7117 E Rancho Vista Dr 1008 979 / 1 / 1.5 7157 E Rancho Vista Dr 2003 1,337 / 2 / 2 7117 E Rancho Vista Dr 5009 952 / 1 / 1.5 7147 E Rancho Vista Dr 3001 1,304 / 2 / 2 7157 E Rancho Vista Dr 4010 1,186 / 2 / 2 7121 E Rancho Vista Dr 1008 1,095 / 1 / 2 7151 E Rancho Vista Dr 5007 1,252 / 2 / 2 7157 E Rancho Vista Dr 2005 1,319 / 2 / 2 7147 E Rancho Vista Dr 1006 1,772 / 3 / 2 7157 E Rancho Vista Dr 2009 1,346 / 2 / 2 7167 E Rancho Vista Dr 4001 1,304 / 2 / 2 7117 E Rancho Vista Dr 3004 1,062 / 2 / 2 7157 E Rancho Vista Dr 6004 1,356 / 2 / 2 7151 E Rancho Vista Dr 2006 2,222 / 3 / 2 7137 E Rancho Vista Dr 4006 2,498 / 3 / 2
LIST PRICE
$323,000 $454,900 $575,000 $577,120 $678,410 $795,000 $927,000 $1,079,000 $1,895,000 $400,000 $475,000 $700,000 $839,000 $220,000 $348,500 $499,900 $1,328,000 SOLD PRICE $219,220 $220,000 $250,000 $315,000 $329,900 $349,500 $350,077 $354,000 $374,500 $375,000 $390,000 $410,000 $420,000 $450,000 $458,000 $469,000 $620,000 $685,000
real estate activity in safari drive BLDG / UNIT
BABBI GABEL
bgabel@geoffreyedmunds.com
602.741.7750
ANGELA MOORE
amoore@geoffreyedmunds.com
602.708.4050
If your home is currently listed, this is not a solicitation for that listing.
SQ. FT. / BED / BATH
CURRENTLY FOR SALE D1006 1,327 / 1 / 2 E2005 1,272 / 2 / 2 D1003 2,003 / 2 / 3 F1007 2,033 / 3 / 3 E3001 1,720 / 2 / 2 SALE PENDING F3007 1,359/ 1 / 1.75 C3008 1,795 / 2 / 2 E3007 1,714 / 2 / 2
LIST PRICE
$394,500 $399,500 $559,500 $669,500 $699,500 $439,500 $499,500 $699,500
BLDG / UNIT
SQ. FT. / BED / BATH
Updates from Babbi & Angela Do you owe more than your home is worth? Do you have financial hardship? Would you like to sell your home now? Complete your short sale within the 2012 tax year and take advantage of this beneficial tax provision before it expires. ***Please consult your attorney and accountant to see if you qualify.****
Featured Waterfront HomeIncredible opportunity!
LIST PRICE
G3001 2,610 / 3 / 3.5 $1,050,000 SOLD SINCE 1/1/2011 SOLD PRICE D1010 1,327 / 1 / 2 $365,500 C4007 1,363 / 2 / 2.5 $399,500 E2007 1,250 / 2 / 2 $399,500 H4001 1,421 / 2 / 2.5 $465,000 C3009 1,470 / 2 / 2.5 $499,500 H4002 1,653 / 2 / 2.5 $621,500 F1003 2,082 / 3 / 3 $649,500
Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net
Incredible Mountain Views, 11th floor unit • 2,092 sq.ft. priced below comps at $995,000