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$1,400,000

Beds
5
Baths
4.0
sq ft
4,587

5023 East Lucia Drive, Cave Creek, AZ 85331

5023 East Lucia Drive

Cave Creek, AZ 85331

  • 82 days on market
    • Price drop $40,000↓
Generous price improvement! Seller wants SOLD! This beautifully partly-renovated & extremely well maintained semi-custom executive/family home exudes quality craftsmanship at every turn. The impeccable craftsmanship and high-end finishes immediately catch your eye, showcased by the 20-foot ceilings in the living room & entryway. The first floor Wood & tile floors. The kitchen is a haven for culinary enthusiasts, equipped with a Wolf cook top, SS appliances , including a built in ice maker & beverage fridge, all centered around a sprawling island that comfortably seats six...... A butler pantry & additional full pantry adds convenience, accommodating all your small kitchen gadgets. Downstairs, you'll find a bedroom with a bath. A large laundry room awaits, complete with additional access to the yard. Ascending upstairs you're greeted by a generous loft area, perfect for a home office, fitness room, or children's play area. The master suite indulges with an all stone bathroom, including double sinks, a walk in shower, and a soaking tub. Her & his master closet are adorned with exquisite built-ins to assist in staying organized. Bedroom 3 boasts an ensuite bathroom with a shower/tub combination, while bedrooms 4 and 5 share a bathroom featuring dual sinks and a tub/shower combo. All of this in a FANTASTIC floor plan! The outdoor space forms a lush oasis, featuring artificial turf, a putting green, an expansive travertine patio (both covered and non-covered), and pool deck housing a sparkling solar heated pool and a built in spa. In addition, you have a fire pit, built in bbq & outdoor mist system. In this truly exceptional home, you'll find it hard to ever want to depart from this serene haven. Mechanically you have 2 brand new HVAC systems, newer water heater, level 2 car charger and water softener. This home is better than a new build and completely move in ready! Plus NO HOA!

Details

Property type

Single Family Residence

Est. home value

$1,240,072

Lot size

0.34 acres

Price per sq ft

$306

Year built

2004

Annual property taxes

$3,827

Price History

12/05/2024
ArizonaRegional

ArizonaRegional #6764284

Price change
$1,400,000
-2.78%
11/12/2024
ArizonaRegional

ArizonaRegional #6764284

Price change
$1,440,000
-3.36%
10/25/2024
ArizonaRegional

ArizonaRegional #6764284

Price change
$1,490,000
-0.33%

Schools & Community

Neighborhood: 

Desert View

Elementary school: 

Desert Willow Elementary School

Middle school: 

Sonoran Trails Middle School

High school: 

Cactus Shadows High School

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

$839,757
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$448,243
Cash to seller
$839,757

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

May 2021

Original loan amount

$485,000

Est. remaining balance

$448,243

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Andrew Abrams and Kimberly Abrams

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 7:50 PM

Listing updated: 12/09/2024 at 1:17 AM

Listed by: Jason P Kush, J. P. Kush & Associates, LLC Phone #: (480) 522-1073

MLS: ArizonaRegional #6764284

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