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$2,250,000

Beds
5
Baths
4.5
sq ft
4,620

5430 East Palo Brea Lane, Cave Creek, AZ 85331

5430 East Palo Brea Lane

Cave Creek, AZ 85331

  • 71 days on market
NEW Stylish Modern Estate completely REBUILT in 2021, home was originally built in 2012. Entrance into this modern home is through a captivating courtyard with a separate entrance for the casita. The beautiful foyer welcomes you inside. Astonishing waterfalls grace each of the two quartz islands in the Chef grade gourmet kitchen equipped with all Wolf Stainless Steel Appliances, impressive hood and water spigot. The inspired master suite includes a sitting area, amazing waterfall edged onyx counters with undermount lighting. Symmetry and balance of design grace the master bathroom presenting all the amenities including glass enclosed shower, vanity with double sinks, bathtub, and separate toilet room. Patio, balcony and outdoor kitchen are perfect for entertaining, relaxing,... and enjoying the mountain views. Impeccably manicured grounds feature a fire pit, pool, and putting green. Bonus features are the accent lighting throughout, remarkable gym and massive glass paneled sliding door. This estate showcases the attention to detail and convenience of design exclusively reserved for luxurious and affluent high end estates.

Details

Property type

Single Family Residence

Est. home value

$1,809,591

Lot size

0.3 acres

Price per sq ft

$488

Year built

2012

Annual property taxes

$5,113

Monthly HOA fee

$232

Price History

04/22/2024
ArizonaRegional

ArizonaRegional #6695067

Listed
$2,250,000
+12.5%
03/18/2022
ArizonaRegional

ArizonaRegional #6310082

Sold
$2,000,000
+98.02%
08/24/2020
ArizonaRegional

ArizonaRegional #6078680

Sold
$1,010,000
+1.51%

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

$693,322
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$1,376,678
Cash to seller
$693,322

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 2022

Original loan amount

$1,450,000

Est. remaining balance

$1,376,678

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Edward Paul Ledger and Edward Paul Ledger Trust

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: 07/03/2024 at 7:35 AM

Listing updated: 06/17/2024 at 12:05 AM

Listed by: Azroy Salim, Realty Executives Phone #: (480) 233-1198

MLS: ArizonaRegional #6695067

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