Home for Sale at 7540 E ONYX Court, Scottsdale, AZ 85258

7540 E Onyx Court
Scottsdale, AZ 85258

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Property Details

List Price:	$1,200,000
Beds:	4
Baths:	3
Status:	Pending
SqFt:	2649
Agency:	Berkshire Hathaway HomeServices Arizona Properties

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1979
Notes:	Exquisite Scottsdale Residence: Modern Upgrades & Outdoor OasisDiscover an unparalleled blend of sophistication and comfort in this meticulously upgraded Scottsdale residence on quiet cul-de-sac with designer finishes. Located in one of the city's most sought-after neighborhoods, this home offers a seamless fusion of contemporary design and timeless elegance. Step into culinary excellence with a fully renovated kitchen featuring Bertazzoni Induction Cooktop complemented by sleek quartz countertops. Whether you're an aspiring chef or an enthusiastic home cook, this kitchen is sure to inspire. Outdoor Oasis: Escape to your own private paradise with Massive Spanish fireplace, built in BBQ, Bar & lot big enough to fit pool! Walking distance to schools, restaurants & community pickleball! Exquisite Scottsdale Residence: Modern Upgrades & Outdoor OasisDiscover an unparalleled blend of sophistication and comfort in this meticulously upgraded Scottsdale residence in a cul-de-sac. Located in one of the city's most sought-after neighborhoods, this home offers a seamless fusion of contemporary design and timeless elegance. Boasting a plethora of luxurious features, this property presents an ideal retreat for the discerning homeowner.<br /> - Upgraded Kitchen: Step into culinary excellence with a fully renovated kitchen featuring Bertazzoni Induction cooktop and oven, complemented by sleek quartz countertops and ceiling cabinets. Whether you're an aspiring chef or an enthusiastic home cook, this kitchen is sure to inspire culinary creativity.<br /> - Outdoor Oasis: Escape to your own private paradise in the backyard oasis, complete with a built-in outdoor BBQ area and bar. Entertain guests or simply unwind in style amidst the lush landscaping and serene ambiance.<br /> - Spanish Fireplace: Cozy up on cool evenings beside the charming Spanish fireplace, adding warmth and character to the living space. Perfect for intimate gatherings or quiet moments of relaxation.<br /> - Astro Turf: Enjoy the beauty of a green landscape without the hassle of maintenance with astro turf installed in the backyard. Experience year-round beauty and functionality without sacrificing aesthetics.<br /> - Anderson Windows: Flooded with natural light, the home features Anderson windows throughout, offering energy efficiency and enhanced aesthetics while providing picturesque views of the surrounding landscape.<br /> - Custom Wrought Iron Front Door: Make a grand entrance every time with a stunning custom wrought iron front door, adding a touch of elegance and sophistication to the faÃ§ade.<br /> - New Lighting, Anderson Windows, Plantation Shutters & Luxury Vinyl Flooring: Experience modern comfort with new lighting fixtures illuminating every corner, while luxury vinyl flooring adds durability and style to the living spaces.<br /> - Fireplace: Enhance the ambiance and warmth of the home with a gas fireplace, perfect for cozy evenings spent indoors during the cooler months.<br /> - Walk to Private Pickleball Courts: Enjoy the convenience of private pickleball courts just a stroll away, perfect for staying active and socializing with neighbors.<br /> Two storage sheds, cul-da-sac, wired for surround sound and speakers in backyard, Led Lighting, storage cabinets in three car garage<br /> **Experience the epitome of luxury living in Scottsdale.
MlsNumber:	6684087

Listing Provided By:	Berkshire Hathaway HomeServices Arizona Properties, original listing
Name:	Berkshire Hathaway HomeServices Arizona Properties
Phone:	(480) 505-6274
Office Name:	Berkshire Hathaway HomeServices Arizona Prope
Office Phone:	(480) 473-4900
Agent Name:	Kathleen McGowan
Disclaimer:	Copyright Â© 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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Property Details

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Description/Comments

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HUD Foreclosures

Foreclosure Listings Increasing