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$4,695,000

Beds
4
Baths
4.5
sq ft
6,167

5350 East Calle Del Medio, Phoenix, AZ 85018

5350 East Calle Del Medio

Phoenix, AZ 85018

  • 55 days on market
    • Price drop $200,000↓
Remodeled in 2018, this stunning 6,100 sqft Arcadia Estate sits on a beautiful corner lot bursting with curb appeal with its lush landscaping and welcoming front porch pergola and classic red brick fireplace to greet guests. Thoughtfully designed, this split floor plan presents four spacious ensuite bedrooms including a primary suite designed with luxury and comfort in mind with a spa like bathroom featuring a stand alone tub, walk-in shower, double vanities and hand selected finishes throughout. The rest of the home includes a formal family room finished with wainscoting, a coffered ceiling and a cozy fireplace. In addition, enjoy a private home library with custom built-ins and a reading nook, and a spacious front room perfect for formal dining or a home office. The butlers pantry, with a temperature controlled wine room, connects the formal dining to an oversized eat-in kitchen which is a testament to traditional elegance boasting marble countertops, a large kitchen island, and top-of-the line appliances including a Wolf Range and a Sub-Zero refrigerator/freezer. A passthrough fireplace seamlessly connects the kitchen to the home's great room which includes a full bar and a stunning sliding door entrance to the backyard. Designed for both relaxation and entertainment, the backyard retreat features lush landscaping, a diving pool that can be both heated and cooled, a built-in BBQ, and an elegant covered ramada that houses an outdoor fireplace creating a cozy ambiance for evening conversations and gatherings. To top it off, all your family and friends can have fun enjoying the in-ground trampoline, bocce ball court and a professional batting cage. Walking distance to the coveted Hopi Elementary and in close proximity to Arcadia's most popular shopping and dining experiences, this is the perfect place to call home so you can live, work and play the Arcadia lifestyle.

Details

Property type

Single Family Residence

Est. home value

$3,958,022

Lot size

0.81 acres

Price per sq ft

$762

Year built

1982

Annual property taxes

$20,190

Price History

09/16/2024
ArizonaRegional

ArizonaRegional #6735383

Price change
$4,695,000
-4.09%
08/23/2024
ArizonaRegional

ArizonaRegional #6735383

Price change
$4,895,000
-2%
07/25/2024
ArizonaRegional

ArizonaRegional #6735383

Listed
$4,995,000
+85%

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

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

$2,276,590
Asking price
$4,695,000
Closing costs (~8% of asking)
-$375,600
Est. remaining loan balance
-$2,042,810
Cash to seller
$2,276,590

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

Seller’s Loan History

Lender

Morgan Stanley Private Bank Na

Loan start date

January 2022

Original loan amount

$2,160,263

Est. remaining balance

$2,042,810

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Scott Andrew Stroud and Elizabeth Stroud

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: 09/17/2024 at 10:15 PM

Listing updated: 09/16/2024 at 9:39 AM

Listed by: Debbie Pontikas, RETSY Phone #: (602) 842-0000

MLS: ArizonaRegional #6735383

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