tomo logo

$5,000,000

Beds
4
Baths
4.5
sq ft
5,699

41735 North 101st Way, Scottsdale, AZ 85262

41735 North 101st Way

Scottsdale, AZ 85262

  • 3 days on market
Golf Membership Available- Today's modern interpretation of the original Pueblo style - keeping in harmony with the desert. This privately gated home within Saguaro Forest at Desert Mountain is situated on an elevated lot with magical sunset, golf course, surrounding mountains, city lights and mountain silhouettes at night. Ideal south facing backyard captures winter sun on the pool/patio areas all day. Built by Phil Smith, this home emanates master crafted details; rooms in the round, forged metal rails, wood detailed ceilings, tubular skylights, stone, wood and concrete floors and Venetian plaster walls. The great room split floor plan with Master and library wing on one side and 3 guest ensuites on the other allows privacy for all. Patios around the home provide gathering spaces for many or sanctuaries for a few. The pool, spa, outdoor kiva fireplace and barbecue create outdoor living and dining at its finest. Electric shades, central vac, high end appliances and an elevator keep current with today's luxuries and conveniences. Lush Sonoran desert vegetation surrounding the home creates a true desert botanical experience. Private and tranquil, yet located close to the Cochise/Geronimo and Chiricahua Clubhouses for dining and golf. Bike or hike from your home to the nearby Desert Mountain Trails with over 20 miles of multi-use trails. Sonoran Fitness center located within a short drive from home. Golf Membership to the Desert Mountain Club available.

Details

Property type

Single Family Residence

Est. home value

$4,485,411

Lot size

1.1 acres

Price per sq ft

$878

Year built

2005

Annual property taxes

$12,588

HOA fee

$2,529

Price History

10/03/2024
ArizonaRegional

ArizonaRegional #6765688

Listed
$5,000,000
+90.48%
03/11/2016
ArizonaRegional

ArizonaRegional #5282320

Sold
$2,625,000

Schools & Community

Neighborhood: 

Pinnacle Peak

Elementary school: 

Black Mountain Elementary School

Middle school: 

Sonoran Trails Middle School

High school: 

Cactus Shadows High School

Community features: 

Gated

High school district: 

Cave Creek 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

$4,378,443
Asking price
$5,000,000
Closing costs (~8% of asking)
-$400,000
Est. remaining loan balance
-$221,557
Cash to seller
$4,378,443

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

Seller’s Loan History

Lender

First State Bank & Trust

Loan start date

March 2016

Original loan amount

$1,300,000

Est. remaining balance

$221,557

Interest rate

3.1%

Loan type

New Conventional, 10 year

Seller

Jay Richard Lund and Gail Valerie Lund

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: 10/06/2024 at 9:25 PM

Listing updated: 10/03/2024 at 12:39 PM

Listed by: Daniel Wolski, Russ Lyon Sotheby's International Realty Phone #: (480) 488-2998

MLS: ArizonaRegional #6765688

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