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$9,390,000

Beds
6
Baths
6.5
sq ft
7,500

6554 North 40th Place, Paradise Valley, AZ 85253

6554 North 40th Place

Paradise Valley, AZ 85253

  • 404 days on market
    • Price drop $300,000↓
Welcome to this 7,500 sq ft private estate, a masterpiece by UR Development's in-house team. Enter through dramatic glass doors into a stunning open-concept design with 95% of the living space on one level. Enjoy six ensuite bedrooms, an office, powder room, and four-car garage. The versatile casita overlooks the pool, and the chef's kitchen boasts dual islands, custom cabinetry, and Wolf/Sub-Zero appliances. Entertain in style with a custom wood wine cellar and handcrafted bar. Outdoor features include desert landscaping, an infinity-edge pool, an eight-person spa, a fireplace, and a fire pit. Revel in panoramic views of Camelback and Piestewa Peak, with a C4 smart home system and more. Ideally located minutes from Arcadia, Scottsdale Waterfront, and Biltmore.

Details

Property type

Single Family Residence

Lot size

1.02 acres

Price per sq ft

$1,252

Year built

2024

Annual property taxes

$6,016

Price History

08/15/2024
ArizonaRegional

ArizonaRegional #6613811

Price change
$9,390,000
-3.1%
03/25/2024
ArizonaRegional

ArizonaRegional #6613811

Listed
$9,690,000
03/23/2024
ArizonaRegional

ArizonaRegional #6613811

Removed
$9,690,000

Schools & Community

Elementary school: 

Kiva Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro High School

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

Capital Fund I Llc

Loan start date

August 2023

Original loan amount

$4,000,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Commercial

Seller

Ur Investments 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?

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Status: Active

Tomo last checked: 11/12/2024 at 7:15 PM

Listing updated: 10/27/2024 at 11:55 PM

Listed by: Angel Ureta, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6613811

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