tomo logo

$4,250,000

Beds
4
Baths
4.5
sq ft
6,495

3197 E San Miguel Ave, Phoenix, AZ 85016

3197 E San Miguel Ave

Phoenix, AZ 85016

  • 169 days on market
Impress your clients with this approximately 6,495 square foot home featuring stunning mountain views. Designed with entertainment in mind, this residence offers the luxury of modern amenities, including a fully equipped Savant home system. The grand 30-foot entryway leads to a masterfully crafted 4-bed, 4.5-bath residence spanning three levels, connected by striking staircases throughout. The modernist architectural exterior, crafted with concrete and steel, complements the tranquil, refined palette, featuring white oak herringbone floors. The home boasts a generous use of glass, seamless sliding doors, and two levels of day-lit space. Your clients will feel like they've escaped to a 5-star resort with the Entertainer's Backyard, complete with a multi-level infinity-edge pool and spa synthetic lawn, fire pit, gazebo patio, and tropical landscaping. The east wing includes an open kitchen with a breakfast area and formal dining room, featuring Miele, Thermador, and Bosch appliances, with easy access to the three-story, 1,000 sq. ft. guest home. The west corner is devoted to the primary suite, featuring metal and glass closets and a separate laundry area. The lower level includes spacious en-suite guest rooms, an expansive laundry room, and a Porcelanosa dog wash. Situated on an elevated lot between Paradise Valley, Arcadia and Biltmore, this home is minutes from PHX Sky Harbor, PVCC, Biltmore Fashion Park, Scottsdale Fashion Square, and Phoenix Country Day School. This property epitomizes luxury living in Arizona.

Details

Property type

Single Family Residence

Est. home value

$5,326,270

Lot size

0.82 acres

Price per sq ft

$655

Year built

2014

Annual property taxes

$21,240

Price History

06/17/2024
ArizonaRegional

ArizonaRegional #6709153

Price change
$4,250,000
+1.19%
06/16/2024
ArizonaRegional

ArizonaRegional #6709153

Price change
$4,200,000
-6.67%
05/23/2024
ArizonaRegional

ArizonaRegional #6709153

Listed
$4,500,000
-9.91%

Schools & Community

Elementary school: 

Madison Elementary School

Middle school: 

Madison #1 Middle School

High school: 

Camelback High School

High school district: 

Phoenix Union High School 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

$2,077,270
Asking price
$4,250,000
Closing costs (~8% of asking)
-$340,000
Est. remaining loan balance
-$1,832,730
Cash to seller
$2,077,270

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

April 2021

Original loan amount

$1,984,000

Est. remaining balance

$1,832,730

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Michelle Bender and The Mf Revocable Trust

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: 11/08/2024 at 8:30 AM

Listing updated: 09/12/2024 at 4:19 PM

Listed by: Jennifer Bellinger, Engel & Voelkers Scottsdale Phone #: (602) 610-3713

MLS: ArizonaRegional #6709153

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