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$1,295,000

Beds
3
Baths
2.5
sq ft
2,376

5253 East Palo Brea Lane, Cave Creek, AZ 85331

5253 East Palo Brea Lane

Cave Creek, AZ 85331

  • <1 day on market
Luxury Toll Brothers built 3 bed +den, 2.5 bath remodeled home, on a private corner lot. Stunning vinyl flooring throughout, powder room with designer vanity, high-quality upgraded fixtures and fans flow throughout the home. Laundry room features a farm sink. The expansive great room w/ beautiful gas fireplace, custom built-in shelving, great room opens to the eat-in-kitchen featuring premium SS Jenn-air appliances, gas cooktop. large Island, wall oven and lighting. Owner had a decorators eye when adding the walk-in pantry, cabinets to the ceiling with extra lighting, desk in the hallway, bookshelf built into otherwise wasted space, and let's talk about the primary bedroom suite! The full bathroom features separate vanities, lovely soaking tub and tiled oversized walk-in shower. The walk-in closet needs a drum roll entrance featuring cabinets and shelving providing plenty of space for shoes, purses and clothing. Mirrored doors on the closets, make-up desk with the perfect lighting. The backyard is an oasis with the oversized covered patio and inviting pool to relax by. The location of this gated subdivision is situated near shopping, restaurants, golf, easy fwy/hwy access.

Details

Property type

Single Family Residence

Est. home value

$980,937

Lot size

8,214 sq ft

Price per sq ft

$546

Year built

2014

Annual property taxes

$2,839

Monthly HOA fee

$225.33

Price History

10/04/2024
ArizonaRegional

ArizonaRegional #6766681

Listed
$1,295,000
+64.97%
03/23/2021
ArizonaRegional

ArizonaRegional #6196517

Sold
$785,000

Schools & Community

Neighborhood: 

Desert View

Elementary school: 

Lone Mountain Elementary School

Middle school: 

Sonoran Trails Middle School

High school: 

Cactus Shadows High School

Community features: 

Gated, Playground

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

$801,276
Asking price
$1,295,000
Closing costs (~8% of asking)
-$103,600
Est. remaining loan balance
-$390,124
Cash to seller
$801,276

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

February 2021

Original loan amount

$425,000

Est. remaining balance

$390,124

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Kimberly Coben

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: 10/04/2024 at 7:20 PM

Listing updated: 10/04/2024 at 2:59 PM

Listed by: Debbie A Silacci, Arizona Property Brokerage Phone #: (602) 368-4400

MLS: ArizonaRegional #6766681

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