tomo logo

$4,500,000

Beds
5
Baths
5.5
sq ft
5,007

4704 North 40th Place, Phoenix, AZ 85018

4704 North 40th Place

Phoenix, AZ 85018

  • 54 days on market
Your dream home in the desirable Arcadia area of Phoenix is coming Spring 2025! Take advantage of pre-completion pricing! This stunning residence will offer unparalleled luxury & comfort across its expansive layout. This home is designed for the ultimate in spacious living. Upon entering, you are led seamlessly into the grand living spaces filled with natural light & high ceiling. The gourmet kitchen is a chef's delight, featuring Wolf/Subzero appliances, custom cabinetry, a nicely appointed back kitchen, a large island perfect for both cooking & entertaining while overlooking the backyard oasis. Adjacent is the formal dining room, ideal for hosting dinner parties & gatherings. The primary suite is a true retreat, complete w/a soaking tub, dual vanities, & a large walk-in shower for 2. Each additional bedroom includes its own ensuite. The outdoor area is an oasis unto itself, with a sparkling pool & soothing spa where you can relax & unwind. The expansive patio & landscaped grounds provide ample space for outdoor dining, lounging, & enjoying the Arizona sunshine year round. Additional features of this exceptional home include: High ceilings & an abundant of natural light throughout. A spacious family room perfect for casual gatherings. State of the art technology & smart home capabilities. Three car garage with ample storage space. Located in the Arcadia area, this home is in Hopi Elementary boundaries and a 3 minute drive to Phoenix Country Day School. offers easy access to upscale shopping, dining, & entertainment. Enjoy the nearby hiking trails of Camelback Mountain or some of the finest golf courses.

Details

Property type

Single Family Residence

Est. home value

$1,219,724

Property condition

Under Construction

Lot size

0.37 acres

Price per sq ft

$899

Year built

2025

Annual property taxes

$4,288

HOA

No

Price History

10/29/2024
ArizonaRegional

ArizonaRegional #6777137

Listed
$4,500,000
+279.75%
07/11/2023
ARMLS

ARMLS #6570919

Sold
$1,185,000

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

Lm2 Investment Group Llc

Loan start date

July 2023

Original loan amount

$750,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Commercial

Seller

St Germain Investments Llc

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 2:10 PM

Listing updated: 12/19/2024 at 3:45 PM

Listed by: David D Segal, Realty USA Southwest Phone #: (602) 435-1456

MLS: ArizonaRegional #6777137

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