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$2,250,000

Beds
5
Baths
4.5
sq ft
3,545

4007 East Montecito Avenue, Phoenix, AZ 85018

4007 East Montecito Avenue

Phoenix, AZ 85018

  • 206 days on market
    • Price drop $49,000↓
Wow! Discover the unparalleled beauty & exquisite craftsmanship of this 5-bedroom new construction in Suncrest Gardens! This 2023 Thomas James home offers over 3,000 SqFt of exceptional luxury with an impressive open floor design & high-end details. Heated pool with fountains and light settings all easily controlled through an app. Tall ceilings, recessed lighting, wood flooring, abundant natural light, and multi-sliding glass doors are features found throughout. The living room has a textured accent wall with a mounted fireplace. Elegance & modernity seamlessly mix in this magazine-cover white kitchen showcasing stacked shaker cabinetry, herringbone tile backsplash, lavish quartz counters, a massive island with w/breakfast bar, and state-of-the-art stainless steel appliances. The bright owner's suite is split & comes with a pristine ensuite comprised of two vanity sinks, a freestanding tub, an oversized walk-in shower with bench, and a walk-in closet. Secondary bedrooms on the main floor share a Jack & Jill bathroom. Upstairs, you'll find a sizable loft and a second primary bedroom with walk-in closet & an immaculate bathroom with a dual vanity & separate tub/shower. The stunning backyard boasts a covered patio, a pebble-tec pool, lush greenery, and an outdoor shower with travertine stone. This beauty has an excellent location with Camelback Mtn. Views, within minutes from restaurants & shopping, and close to major roads. Words don't make this modern farmhouse gem justice. You must see it!

Details

Property type

Single Family Residence

Est. home value

$2,160,500

Property condition

Under Construction

Lot size

8,207 sq ft

Price per sq ft

$635

Year built

2023

Annual property taxes

$2,193

HOA

No

Price History

12/10/2024
ArizonaRegional

ArizonaRegional #6712091

Removed
$2,250,000
11/15/2024
ArizonaRegional

ArizonaRegional #6712091

Listed
$2,250,000
11/15/2024
ArizonaRegional

ArizonaRegional #6712091

Price change
$2,250,000
-2.13%

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Hopi Elementary School

Middle school: 

Ingleside Middle School

High school: 

Arcadia 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

$304,251
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$1,765,749
Cash to seller
$304,251

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

October 2023

Original loan amount

$1,785,000

Est. remaining balance

$1,765,749

Interest rate

7.12%

Loan type

New Conventional, 30 year

Seller

Grayson J Allen and Morgan Reid Allen

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: 12/22/2024 at 6:20 PM

Listing updated: 12/10/2024 at 10:03 AM

Listed by: Macario Hing-Glover, West USA Realty Phone #: (480) 948-5554

MLS: ArizonaRegional #6712091

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