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$5,595,000

Beds
5
Baths
5.5
sq ft
7,010

5455 East Berneil Drive, Paradise Valley, AZ 85253

5455 East Berneil Drive

Paradise Valley, AZ 85253

  • 67 days on market
    • Price drop $150,000↓
This luxurious estate is located in the gated Hidden Paradise neighborhood of Paradise Valley, an exclusive enclave known for its seclusion and prestige, featuring 17 exceptional homes which are rarely on the market. As you approach the property, the beautifully landscaped grounds catch your eye, leading you to the circle driveway with a porte-cochère. The grand entrance of the home features a striking 10-foot door that opens into a beautiful stone foyer, offering a glimpse straight through the living room and out to the outdoor spaces. The recently renovated home boasts stunning grounds, light and bright lavish interiors with spacious rooms, soaring ceilings and expansive high windows that bring the outdoors inside. New hardwood floors add warmth and elegance to every room,

Details

Property type

Single Family Residence

Est. home value

$4,162,412

Lot size

1.09 acres

Price per sq ft

$799

Year built

1997

Annual property taxes

$11,504

Monthly HOA fee

$291.67

Price History

10/01/2024
ArizonaRegional

ArizonaRegional #6753337

Price change
$5,595,000
-2.61%
09/06/2024
ArizonaRegional

ArizonaRegional #6693356

Removed
$5,745,000
09/06/2024
ArizonaRegional

ArizonaRegional #6753337

Listed
$5,745,000

Schools & Community

Elementary school: 

Cherokee Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral High School

Community features: 

Gated

High school district: 

Scottsdale 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

First Fidelity Bank

Loan start date

March 2023

Original loan amount

$3,220,000

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

Commercial

Seller

Terry R Mandy and Kathleen D Mandy

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: 11/12/2024 at 12:50 PM

Listing updated: 11/10/2024 at 1:25 AM

Listed by: Michele Wolff, Russ Lyon Sotheby's International Realty Phone #: (480) 287-5200

MLS: ArizonaRegional #6753337

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