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$2,385,000

Beds
6
Baths
5.0
sq ft
5,385

5312 East Fellars Drive, Scottsdale, AZ 85254

5312 East Fellars Drive

Scottsdale, AZ 85254

  • 108 days on market
    • Price drop $100,000↓
NEW OPPORTUNITY WITH PRICE REDUCTION TO OWN EXCEPTIONAL 85254 PROPERTY! MOVE-IN READY 6 BDRM/5 BATH REMODEL WITH DETACHED 2-BDRM GUEST HOUSE. THREE DAYS PRIOR TO MAY 24 CLOSING, BUYER COULD NOT CLOSE DUE TO FAMILY EMERGENCY. TAKE ADVANTAGE OF THIS UNEXPECTED EVENT. APPRAISED ABOVE ORIGINAL LIST PRICE. INSPECTION REPORTS AVAILABLE. NO HOA. Over ½ Acre On Large Cul-De-Sac Lot Includes Full Sport Court, Pebble Sheened Diving Pool & Heated Spa (2023), Lush Mature Landscape, Wrap Around Patio w/Commercial Mister, Built-In BBQ, Rolling RV Gate, Oversized 3-Car Garage, Additional Paved Parking For 7-9 Vehicles. Luxury Amenities Integrated Throughout. Centrally Located! Close To Great Schools, Mayo Hospital, Kierland Commons, Scottsdale Qtr, Promenade, Desert Ridge, and 51 & 101 freeway access. PROPERTY OVERVIEW...Situated on over half acre, cul-de-sac lot features 2 bedroom/1 bath guest house (1,122 SF) with full kitchen, great room, laundry and private gated yard; Main house (4,263 SF) 4 bedroom/4 bath with oversized 3-car garage and plenty of additional paved parking. Enter to 16' vaulted ceilings, conversation/living space and large formal dining area which can be multi-purposed as it has direct access to BBQ area and backyard. Easy flow floor plan as front living spaces seamlessly flow through to open kitchen/family living areas via two entryways. REDESIGNED KITCHEN... is the home's hub for entertaining & family with long counters of granite framing a center 6ft square leathered granite island w/prep sink and seating for 5-7, 48'' Sub-Zero, 48'' Viking Professional gas cook top w/double ovens, (2) trash compactors, Bosch dishwasher, custom wood cabinetry with dove tail construction, dream walk-in pantry with shelving, drawers and cabinets. Kitchen flows seamlessly to large family room with fireplace and to separate fully tricked out bar with beautiful traditional dark wood trim & cabinetry, granite counters, S/S sink, garbage disposal, Scottsman ice maker, 25 Cu KitchenAid refrigerator, dishwasher, wine fridge, trash compactor and pass through window/counter to patio. The perfect second kitchen when entertaining! Main Floor also includes full bath, bedroom w/walk-in closet and laundry. GRAND STAIRCASE... leads you to luxurious owner's suite, two large additional bedrooms, one with ensuite bath, convenient upstairs washer/dryer, and third bathroom with tub. OWNERS SUITE...Enter through double doors to owner's suite with vaulted ceilings, private balcony and all the comforts and amenities you would expect and a few surprises! Lush carpet in bedroom, double doors open to luxury ensuite bath with polished marble floors and vanities trimmed in travertine, custom porcelain sinks, jetted spa tub, fully travertine tiled steam shower, mini coffee bar with (2) refrigerator drawers, separate make-up vanity, and large walk-in closet with his and her sides, center seating island with chest of drawers, built-in ironing board, desk area and natural lighting with windows and skylight. SECONDARY BEDROOMS...Extra large secondary bedrooms both with polished marble floors and walk-in closets with custom mirrored solid core doors. Bedroom II is a mini-master with full en-suite Travertine trimmed bath; Bedroom III features a Murphy Bed with dresser drawers on either side with an adjacent desk area. OUTDOOR LIVING...truly a family resort designed for year-round fun! Enjoy large covered wrap around patio with built in commercial mister system, built-in BBQ area w/pergola, newly pebble sheened diving pool and heated spa, full sport court fully lit, built-in fire pit, second pergola lounging/dining area all surrounded by lush grassy areas and mature trees for that added privacy. And for storing the outdoor toys, a super-sized shed adjacent to ¼ minus graveled side yard with rolling RV gate. Truly an exceptional property at an exceptional value!

Details

Property type

Single Family Residence

Est. home value

$1,655,628

Lot size

0.64 acres

Price per sq ft

$443

Year built

1982

Annual property taxes

$8,627

Price History

05/28/2024
ArizonaRegional

ArizonaRegional #6669551

Price change
$2,385,000
-4.02%
05/21/2024
ArizonaRegional

ArizonaRegional #6669551

Listed
$2,485,000
04/18/2024
ArizonaRegional

ArizonaRegional #6669551

Pending
$2,485,000

Schools & Community

Neighborhood: 

Paradise Valley

Elementary school: 

North Ranch Elementary School

Middle school: 

Desert Shadows Middle School - Scottsdale

High school: 

Horizon High School

High school district: 

Paradise Valley 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

Capitol Commerce Mtg Co

Loan start date

March 2002

Original loan amount

$200,000

Est. remaining balance

$0

Interest rate

6.31%

Loan type

New Conventional, 15 year

Seller

Darryl T Smith and Martha Smith

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: 07/01/2024 at 8:00 AM

Listing updated: 06/07/2024 at 5:13 PM

Listed by: Leslie McDonnell, RE/MAX Fine Properties Phone #: (480) 792-9500

MLS: ArizonaRegional #6669551

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