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$1,650,000

Beds
3
Baths
3.0
sq ft
4,045

6601 East Military Road, Cave Creek, AZ 85331

6601 East Military Road

Cave Creek, AZ 85331

  • 98 days on market
    • Price drop $45,000↓
Nestled on the slope of Black Mountain, this renovated home offers breathtaking panoramic views throughout. Owned solar equals $25-30 electric bills! Recent upgrades include a NEW roof, redesigned landscaping, a completely resurfaced heated pool and spa and all NEW equipment. NEW smooth stucco and paint, a NEW septic system, and a dramatic entrance featuring a massive glass and wrought iron door, hinting at the craftsmanship within. Inside, the open floor plan and high ceilings create a spacious and airy atmosphere. The completely transformed kitchen features all NEW appliances, including dual refrigerators, dishwashers and ovens, refaced cabinetry, and a grand chandelier. Renovated baths, new lighting, and custom paint add a modern and distinctive touch. Polished stained concrete floors gleam throughout for a clean esthetic. Solid-core alder doors and cabinetry, and ceiling details add substance and interest. The rotunda foyer, illuminated by an enormous wrought iron chandelier, welcomes you with both elegance and sophistication. The natural flagstone walkway and the grand entrance set the tone for the opulence within. Notably, a large solar system ensures almost zero electric bills, aligning with a commitment to sustainability. In summary, this home seamlessly blends modern luxury with thoughtful design and eco-conscious features. From the grand entrance to the polished interiors, each element contributes to a sophisticated living experience complimented by the stunning backdrop of Black Mountain.

Details

Property type

Single Family Residence

Est. home value

$1,590,308

Lot size

0.72 acres

Price per sq ft

$408

Year built

2005

Annual property taxes

$2,987

Price History

11/07/2024
ArizonaRegional

ArizonaRegional #6744285

Price change
$1,650,000
-2.65%
09/02/2024
ArizonaRegional

ArizonaRegional #6744285

Price change
$1,695,000
-1.74%
08/16/2024
ArizonaRegional

ArizonaRegional #6744285

Listed
$1,725,000

Schools & Community

Elementary school: 

Black Mountain 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

$911,460
Asking price
$1,650,000
Closing costs (~8% of asking)
-$132,000
Est. remaining loan balance
-$606,540
Cash to seller
$911,460

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

March 2022

Original loan amount

$640,000

Est. remaining balance

$606,540

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Steven Williams and Shannon Elizabeth Albert

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: 11/22/2024 at 11:25 AM

Listing updated: 11/11/2024 at 12:58 AM

Listed by: Laura S Joyner, Coldwell Banker Realty Phone #: (480) 951-1010

MLS: ArizonaRegional #6744285

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