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$19,950,000

Beds
11
Baths
10.5
sq ft
22,222

6721 East Cheney Drive, Paradise Valley, AZ 85253

6721 East Cheney Drive

Paradise Valley, AZ 85253

  • 270 days on market
    • Price drop $5,050,000↓
Custom highest-end construction build in Cheney & 68th Street corridor by JR McDade. Extremely private estate with stunning mountain views of Mummy & McDowell. Two Entry courtyards, great room & chef's kitchen w/large back full kitchen holding pantry, Wolf Sub Zero Cove appliances, custom ventilation, and grilling station. Split floorplan where primary suite includes separate his and hers: vanity, enclosed toilets & closets, large walk-in shower, free-standing tub, and private courtyard with fireplace, and heated spa. Experience true indoor/outdoor living with massive pool & spa, indoor sport/pickleball/basketball court, 3 outdoor BBQ stations, 11 fireplaces & 1 firepit. Separate guest quarters with 4 bedrooms & 2 kitchens. Private viewing deck, game room, & theatre. Creston smart home.

Details

Property type

Single Family Residence

Est. home value

$11,115,542

Lot size

3.03 acres

Price per sq ft

$898

Year built

2013

Annual property taxes

$50,583

HOA

No

Price History

12/18/2024
ArizonaRegional

ArizonaRegional #6670110

Price change
$19,950,000
-20.2%
12/10/2024
ArizonaRegional

ArizonaRegional #6670110

Removed
$25,000,000
12/08/2024
ArizonaRegional

ArizonaRegional #6670110

Listed
$25,000,000

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

Tradition Capital Bank

Loan start date

September 2022

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

4.29%

Loan type

Credit Line (Revolving)

Seller

Joel Levin and Joel Levin Living Trust

Lender

Fifth Third Bank

Loan start date

February 2021

Original loan amount

$5,000,000

Est. remaining balance

$4,560,914

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Joel Levin and Joel Levin Living Trust

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: 12/22/2024 at 10:20 AM

Listing updated: 12/18/2024 at 9:30 AM

Listed by: Susan Solliday, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6670110

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