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$2,700,000

Beds
4
Baths
5.0
sq ft
6,217

41777 North 111th Place, Scottsdale, AZ 85262

41777 North 111th Place

Scottsdale, AZ 85262

  • 444 days on market
    • Price drop $200,000↓
Set among giant boulders outside & inside the home, this contemporary home offers stunning unobstructed 270 degree views of city lights, sunsets, mountains & golf course from every room. Very rare for a home under $4M to sit so far above the homes in front, easily the best views you'll find in this price range. All living areas of main house are on one level with 4 large storage closets in the basement; framed for elevator. Kitchen & bath updates done summer 2023. Kitchen offers Sub-Zero & Miele appliances with views of all common areas of the home and major mountain ranges of the Valley. 3 adjacent lots are protected from having a home built, providing much more open space & enhanced view corridors. Great room has 2 separate TV viewing areas, pool table area, and 9' boulder that dramatically protrudes thru the wall. 4 bedrooms are ensuite and spacious; guest house can function as 2 bedrooms for a total of 5 bedrooms. Guest house is perched above a boulder field and offers even better views, with patio privacy secured by a 9' high granite formation. The main patio is built around magnificent boulders and features built-in BBQ, spa, firepit and views of the entire Valley. Ample room for large negative-edge pool and additional patio space if desired. Oversized 3.5 car garage has abundant storage. Recent upgrades... brand new spa heater, heat pump & water heater in 2023, all interior walls doors & cabinets painted for a more contemporary look, kitchen ceiling raised 2' with taller upper cabinets. Furnishings all available. Comps comment... home next door recently closed for $4.8M with views that are very inferior in width & elevation; at about half that price, this home is priced to sell! Golf & social memberships are available for purchase thru the Club; buyers are not required to purchase any type of membership. Owner agent.

Details

Property type

Single Family Residence

Est. home value

$2,608,957

Lot size

0.85 acres

Price per sq ft

$435

Year built

2005

Annual property taxes

$7,327

HOA fee

$2,242

Price History

11/17/2024
ArizonaRegional

ArizonaRegional #6613162

Price change
$2,700,000
-6.9%
05/16/2024
ArizonaRegional

ArizonaRegional #6613162

Price change
$2,900,000
+16%
10/06/2023
ArizonaRegional

ArizonaRegional #6613162

Listed
$2,500,000
+85.19%

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, Golf, Tennis Court(s), Playground, Clubhouse, Fitness Center

High school district: 

Cave Creek Unified District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Compass Bank

Loan start date

September 2014

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

3.01%

Loan type

Credit Line (Revolving), 35 year

Seller

Lukas Johann Magnusson

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 5:20 PM

Listing updated: 11/17/2024 at 11:05 AM

Listed by: Lukas Magnusson, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6613162

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