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$1,850,000

Beds
5
Baths
3.5
sq ft
4,085

5515 East Dale Lane, Cave Creek, AZ 85331

5515 East Dale Lane

Cave Creek, AZ 85331

  • 42 days on market
    • Price drop $149,000↓
Discover an exceptional sanctuary on an expansive acre corner lot! Entertain in style in the spacious courtyard with a cozy fireplace and travertine flooring. Inside, a grand double forged iron door leads to an open layout featuring tile flooring, skylights, and multi-sliding doors blending indoor and outdoor living. Cook like a chef in the gourmet kitchen with high-end SS appliances, granite counters, and a generous island. The four-car garage offers built-in cabinetry and high ceilings. With space for additional luxuries like a detached garage or a charming casita, this home invites you to embrace a lifestyle of unparalleled richness. Indulge in the luxurious owner's retreat, where a stone-accented fireplace sets a serene ambiance. Pamper yourself in the spa-like ensuite, boasting a rejuvenating soaking tub, backyard access, dual vanities, and a generously-sized walk-in closet. Another bedroom and a versatile bonus room, each with their own outdoor exits, offer flexibility and comfort. Step outside to the beautifully landscaped backyard, thoughtfully divided for both aesthetics and functionality, featuring lush artificial turf and a shaded patio for tranquil relaxation. Beyond the charming wrought iron fence lies an expansive space awaiting your personal touch - whether it's adding a full-size RV garage, creating a corral with stalls for your horses, or even installing a pickleball court, the possibilities are endless. Bring along your beloved horses and outdoor toys, as there's more than enough room to accommodate both, ensuring endless adventures and cherished memories. Seize this opportunity - your dream lifestyle awaits!

Details

Property type

Single Family Residence

Lot size

1.3 acres

Price per sq ft

$453

Year built

2022

Annual property taxes

$479

Price History

06/21/2024
ArizonaRegional

ArizonaRegional #6709252

Price change
$1,850,000
-7.45%
05/23/2024
ArizonaRegional

ArizonaRegional #6709252

Listed
$1,999,000
+5.21%
04/15/2022
ArizonaRegional

ArizonaRegional #6372415

Sold
$1,900,000

Schools & Community

Elementary school: 

Horseshoe Trails Elementary School

Middle school: 

Sonoran Trails Middle School

High school: 

Cactus Shadows High School

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

$216,099
Asking price
$1,850,000
Closing costs (~8% of asking)
-$148,000
Est. remaining loan balance
-$1,485,901
Cash to seller
$216,099

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

April 2022

Original loan amount

$1,548,880

Est. remaining balance

$1,485,901

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Ryan Patterson

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: 07/04/2024 at 12:25 PM

Listing updated: 06/21/2024 at 4:43 PM

Listed by: Kodi K Riddle, eXp Realty Phone #: (480) 624-8019

MLS: ArizonaRegional #6709252

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