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$5,950,000

Beds
5
Baths
5.5
sq ft
5,764

4601 North 49th Place, Phoenix, AZ 85018

4601 North 49th Place

Phoenix, AZ 85018

  • 2 days on market
In the heart of Arcadia proper, the most exclusive and desirable neighborhood in Phoenix, this modern farmhouse built in 2017 is the perfect family home. Featuring 5764 sqft on .61 acres (all one level, no interior steps), the masterfully designed floorpan offers 5 bedrooms, 5.5 bathrooms, formal & informal entertaining areas, an office, & a playroom/flex room (playroom can easily be converted to a 6th bedroom). The enchantment begins at the curb where a lovely brick walkway leads to front courtyards including a picture-perfect outdoor living room with a very special exterior fireplace. Upon entering, take in the warmth of the textures from hardwoods to brick accents, hand-cut beams and tasteful wall paneling. The great room is the heart of the home with abundant space for entertaining, dining & lounging. The chef's kitchen features designer finishes, requisite appliances (Sub Zero, Wolf), and a bar with gravitas. The lush backyard offers views of Camelback Mountain, a saltwater pool, spa, outdoor kitchen, plus plenty of grassy areas for play. The primary suite with a private den is a romantic escape at the end of the day. Other pertinent details include: Control 4 home automation and speakers inside & out. Owned 18.72 kW solar added in 2022 (near net zero) with integrated battery system. 3-car garage with huge workshop area and Tesla charger. Perfectly located equidistant (3 miles) to Old Town Scottsdale and also the Biltmore, Arcadia offers suburban charm with urban convenience. There is a unique sense of community here where neighbors strolling and biking is the norm. Walk to Hopi Elementary School and only 1.7 miles to Phoenix Country Day School. 6.2 miles to Sky Harbor Airport and 11.6 miles to Scottsdale Airport.

Details

Property type

Single Family Residence

Est. home value

$4,691,068

Lot size

0.61 acres

Price per sq ft

$1,033

Year built

2017

Annual property taxes

$15,891

Price History

10/04/2024
ArizonaRegional

ArizonaRegional #6766330

Listed
$5,950,000
+80.3%
09/18/2020
ArizonaRegional

ArizonaRegional #6032013

Sold
$3,300,000
+312.5%
08/14/2015
ArizonaRegional

ArizonaRegional #5313356

Sold
$800,000

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

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

Jpmorgan Chase Bank Na

Loan start date

July 2021

Original loan amount

$720,000

Est. remaining balance

Not provided

Interest rate

2.37%

Loan type

New Conventional, 30 year

Seller

Rakesh Mehta and Simran Singh

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?

Status: Active

Tomo last checked: 10/05/2024 at 7:30 PM

Listing updated: 10/05/2024 at 5:39 PM

Listed by: Wendy Herst, DeLex Realty Phone #: (480) 788-9404

MLS: ArizonaRegional #6766330

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