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$1,100,000

Beds
3
Baths
3.0
sq ft
2,915

42516 North Suburban Avenue, San Tan Valley, AZ 85140

42516 North Suburban Avenue

San Tan Valley, AZ 85140

  • 19 days on market
    • Price drop $100,000↓
Welcome to your dream HORSE PROPERTY where modern living meets rural charm! This CUSTOM home was BUILT in 2012 & sits on 3.3 IRRIGATED ACRES w/3 COVERED HORSE STALLS & PASTURE! The home's primary living spaces are all conveniently located on the FIRST FLOOR, including the PRIMARY SUITE & two additional bedrooms. The highly desirable SPLIT FLOOR PLAN places the primary suite on one side of the home, complete with en-suite bath featuring dual sinks & high-quality finishes. On the opposite side, you'll find two additional bedrooms & a full bath, also w/ dual sinks & premium finishes. Upstairs is a SPACIOUS LOFT w/ FULL BATHROOM that offers endless possibilities as a 4TH BEDROOM, GUEST SUITE, or fabulous ENTERTAINMENT SPACE!The attention to quality and detail in this home is unparalleled. Boasting 9-FOOT CEILINGS and energy-efficient 2x6 construction with dual-pane low-e windows, the home is both stylish and functional. Beautiful WOOD FLOORS, CUSTOM MOLDINGS, and UPDATED KITCHEN and BATHROOMS highlight the thoughtful design. The kitchen is a chef's dream, featuring a LARGE BREAKFAST BAR, GRANITE COUNTERTOPS, high-quality CUSTOM CABINETRY with soft-close drawers, and stainless steel appliances, including a refrigerator, dishwasher, and built-in microwave. Enjoy the stunning MOUNTAIN VIEWS from the large FRONT PORCH, which boasts a tongue-and-groove ceiling and recessed lights, providing the perfect spot for morning coffee or evening relaxation. The BACK PORCH is equally spacious, offering another serene setting to soak in the sunset and rural beauty. The home includes an ATTACHED 3-CAR SIDE ACCESS GARAGE and 2 of the 3 garage spaces are extended height as well as extended length and also has an EV outlet. Garage door opener is a belt drive (very quiet) and has a battery backup. A circular driveway enhances accessibility and adds to the property's curb appeal. This property is a true horse lover's paradise in addition to the 3 COVERED HORSE STALLS and a FENCED PASTURE, the entire property is enclosed with durable 5-foot WELDED NO CLIMB FENCING for added security and functionality. Property is fenced for 2 pastures. Sellers took down part of the fence to allow for one big pasture, but the majority of the fence separating them is still intact. Outdoor living and amenities further set this property apart. Along with the horse facilities, the property features mature LEMON, MULBERRY, and POMEGRANATE trees, as well as a FRUIT-PRODUCING GRAPEVINE. A CHICKEN COOP is also included, offering the opportunity to embrace sustainable living. Recent updates include new exterior paint in October 2024, a ripped and graded pasture (2024), an AC unit replaced in 2018, and new wifi-enabled programmable thermostats. You'll appreciate the rural feel and privacy of this property while being just minutes from major conveniences. The newly constructed 24 Freeway, as well as the 202, provide easy access around town, and Mesa-Gateway Airport is only 10 miles away. Shopping, restaurants, and other amenities are close by, ensuring you never have to sacrifice modern comforts for serene living. Outdoor enthusiasts will love the abundance of nearby riding trails, hiking rails, golf, and other recreational activities.

Details

Property type

Single Family Residence

Est. home value

$938,577

Lot size

3.3 acres

Price per sq ft

$378

Year built

2012

Annual property taxes

$2,355

HOA

No

Price History

02/04/2025
ArizonaRegional

ArizonaRegional #6806202

Listed
$1,100,000
+123.35%
08/19/2016
ArizonaRegional

ArizonaRegional #5398285

Sold
$492,500

Schools & Community

Elementary school: 

Ranch Elementary School

Middle school: 

J. O. Combs Middle School

High school: 

Combs High School

High school district: 

J O Combs Unified 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

$703,048
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$308,952
Cash to seller
$703,048

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

Seller’s Loan History

Lender

Homeowners Financial Group Usa Llc

Loan start date

October 2020

Original loan amount

$341,500

Est. remaining balance

$308,952

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Stephen Kalandros and Dianna Kalandros

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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1754 East Paint Horse Place, San Tan Valley, AZ 85140

Status: Active

Tomo last checked: 02/23/2025 at 1:55 AM

Listing updated: 02/04/2025 at 3:10 PM

Listed by: Rochelle Engelby, Locality Real Estate Phone #: (602) 758-6007

MLS: ArizonaRegional #6806202

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