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$6,250,000

Beds
5
Baths
7.0
sq ft
6,402

6862 East Joshua Tree Lane, Paradise Valley, AZ 85253

6862 East Joshua Tree Lane

Paradise Valley, AZ 85253

  • 26 days on market
Luxury living set in the quiet Azure Paradise Valley gated community. Blending modern and transitional architecture, this 2-story home features wood flooring and multiple windows and sliders providing natural lighting throughout each space. Chef's kitchen includes high end appliances, oversized island, multiple ovens, wine storage, and pantry. Primary suite with private access to the backyard and bathroom with freestanding bathtub, oversized shower, enclosed toilet, and dual vanities. Enjoy the best of Arizona's indoor/outdoor living in your backyard that features custom pool, above ground spa, built-in fireplace, covered patio, and expansive yard. Move-in ready, complete with interior elevator, detached guest quarters, and 3 car garage. Minutes away from Paradise Valley's top resorts, golf, dining, and shopping!

Details

Property type

Single Family Residence

Est. home value

$6,429,142

Lot size

0.35 acres

Price per sq ft

$977

Year built

2020

Annual property taxes

$12,565

Monthly HOA fee

$620.59

Price History

11/26/2024
ArizonaRegional

ArizonaRegional #6788715

Listed
$6,250,000
+25%
06/15/2021
ArizonaRegional

ArizonaRegional #6182903

Sold
$5,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$2,942,163
Asking price
$6,250,000
Closing costs (~8% of asking)
-$500,000
Est. remaining loan balance
-$2,807,837
Cash to seller
$2,942,163

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

Seller’s Loan History

Lender

Morgan Stanley Private Bank Na

Loan start date

November 2021

Original loan amount

$3,000,000

Est. remaining balance

$2,807,837

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Mary Patrida Klein and Steven C Pacino

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: 12/22/2024 at 3:30 AM

Listing updated: 12/09/2024 at 5:15 PM

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

MLS: ArizonaRegional #6788715

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