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$4,000,000

Beds
7
Baths
6.5
sq ft
7,546

5601 East Caballo Drive, Paradise Valley, AZ 85253

5601 East Caballo Drive

Paradise Valley, AZ 85253

  • <1 day on market
    • Open house Feb 26
Priced to collect offers through March 2. This luxurious and modern 2 story home was meticulously renovated and features a separate casita. Open concept living with high ceilings and multiple windows and sliders providing natural lighting throughout each living space. Chef's kitchen features high end appliances, oversized island, dual refrigerators and dishwashers, quartz counters, and pantry. Primary suite includes a fireplace, private entrance to the backyard, dual vanities with freestanding bathtub and large shower. Entertain family and friends in the backyard featuring custom pool/spa, volleyball court, ramada/gazebo, covered patio and large yard with artificial turf and mature trees. Additional features include smart home technology, office/den, and 6 guest bedrooms. Minutes away from Paradise Valley's top resorts, golf, dining, and shopping!

Details

Property type

Single Family Residence

Est. home value

$5,724,888

Lot size

1.01 acres

Price per sq ft

$531

Year built

1988

Annual property taxes

$12,670

HOA

No

Price History

02/24/2025
ArizonaRegional

ArizonaRegional #6825452

Listed
$4,000,000
-27.27%
12/10/2024
ArizonaRegional

ArizonaRegional #6787894

Removed
$5,500,000
12/08/2024
ArizonaRegional

ArizonaRegional #6787894

Price change
$5,500,000
+15.79%

Schools & Community

Elementary school: 

Cherokee Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral 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

$712,921
Asking price
$4,000,000
Closing costs (~8% of asking)
-$320,000
Est. remaining loan balance
-$2,967,079
Cash to seller
$712,921

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

Seller’s Loan History

Lender

Home Loan Capital

Loan start date

January 2024

Original loan amount

$3,000,000

Est. remaining balance

$2,967,079

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Tickling Bear Llc

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?

Status: Active

Tomo last checked: 02/24/2025 at 2:25 PM

Listing updated: 02/24/2025 at 11:28 AM

Listed by: Katrina Barrett, Walt Danley Local Luxury Christie's International Real Estate Phone #: (480) 450-1518

MLS: ArizonaRegional #6825452

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