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$3,500,000

Beds
5
Baths
6.0
sq ft
6,685

10416 North 52nd Street, Paradise Valley, AZ 85253

10416 North 52nd Street

Paradise Valley, AZ 85253

  • 42 days on market
    • Price drop $500,000↓
    • Open house Nov 22
REDUCED PRICE FOR QUICK SALE! Magnificent Tuscan-style estate on a sprawling, beautifully manicured acre lot located in the highly sought-after Paradise Valley, just moments away from top-tier shopping and dining in both PV and Scottsdale. With over 6600 square feet of living space, this residence offers a spacious great room floor plan with 5 bedrooms and 6 bathrooms. The home boasts elegant formal living and dining rooms, a large family room with a gas fireplace, and a bonus/game room for added leisure. The split floor plan ensures privacy, with the expansive primary suite featuring a cozy sitting room with a gas fireplace, a spa-inspired bathroom with dual sinks, a walk-in shower, a freestanding soaking tub with a remote-controlled electric fireplace, two oversized walk-in closets and a cedar closet. The guestwing offers 4 spacious en-suite bedrooms, each with walk-in closets. The gourmet kitchen is a chef's paradise, equipped with a large island and top-of-the-line appliances. Multiple French doors open to the resort style backyard oasis, complete with a spacious covered patio, a heated pebble tec diving pool, a lush lawn, built in BBQ and a ramada perfect for outdoor entertaining. Luxury finishes throughout include marble and travertine flooring, vaulted and wood-beamed ceilings, crown molding, custom cabinetry, and designer lighting. This home is a must see and has been meticulously maintained. Home is available to be purchased fully furnished on a separate bill of sale.

Details

Property type

Single Family Residence

Est. home value

$3,367,340

Lot size

0.99 acres

Price per sq ft

$524

Year built

1981

Annual property taxes

$8,454

Price History

11/02/2024
ArizonaRegional

ArizonaRegional #6768580

Price change
$3,500,000
-12.5%
10/11/2024
ArizonaRegional

ArizonaRegional #6768580

Listed
$4,000,000
+233.33%
04/11/2014
ArizonaRegional

ArizonaRegional #4946927

Sold
$1,200,000

Schools & Community

Elementary school: 

Cherokee Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral 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

$2,957,993
Asking price
$3,500,000
Closing costs (~8% of asking)
-$280,000
Est. remaining loan balance
-$262,007
Cash to seller
$2,957,993

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

Seller’s Loan History

Lender

Countrywide Home Loans Inc

Loan start date

January 2002

Original loan amount

$575,000

Est. remaining balance

$262,007

Interest rate

7.09%

Loan type

New Conventional, 30 year

Seller

Eric C West and Kimberly C West

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: 11/22/2024 at 8:15 AM

Listing updated: 11/19/2024 at 12:30 PM

Listed by: Tracy Fitzgerald, The Noble Agency Phone #: (480) 250-0848

MLS: ArizonaRegional #6768580

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