tomo logo

$3,995,000

Beds
4
Baths
5.5
sq ft
5,509

6902 North Highlands Drive, Paradise Valley, AZ 85253

6902 North Highlands Drive

Paradise Valley, AZ 85253

  • 99 days on market
    • Price drop $504,999↓
HUGE $500K PRICE DROP! Motivated Seller! SPECTACULAR VIEWS. Where else can you get ALL THIS: One-of-a-kind hillside with UNOBSTRUCTED panoramic views of Camelback, Phoenix Skyline, Mummy Mountain, and PV fireworks. Your family and guests will be amazed by 5 view decks and the heated infinity pool & spa that let you feel like you're swimming into a limitless Arizona horizon. Perfectly positioned for privacy: no neighbor directly on top of you. Quiet dead-end street. And the desert hillside is a fortress that naturally shades & cools the house in the afternoons. All bedrooms are en suite with balcony/patio access including TWO Primary Suites! Floor-to-ceiling windows, two-story waterfall, 3 fireplaces, 2 wet bars, and temp-controlled pantry/wine room. WATCH THE VIDEO! *** 8 AVMs (Automatic Valuation Models) value this home at an average of $5.05 MILLION! (Accessed 9/1/24: ATTOM, Movoto, Chase, Home Valuation, Realtordotcom, Public Data, Pennymac, and Wells Fargo). Don't miss this incredible opportunity to own a premium trophy location in Arizona's most prestigious ZIP code at a HUGE discount.

Details

Property type

Single Family Residence

Est. home value

$5,906,244

Lot size

1.1 acres

Price per sq ft

$726

Year built

1993

Annual property taxes

$11,085.28

Price History

12/05/2024
ArizonaRegional

ArizonaRegional #6753805

Price change
$3,995,000
-11.22%
09/14/2024
ArizonaRegional

ArizonaRegional #6753805

Listed
$4,499,999
-8.16%
05/02/2024
ArizonaRegional

ArizonaRegional #6680488

Removed
$4,900,000
-10.91%

Schools & Community

Elementary school: 

Kiva Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro 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

$2,518,868
Asking price
$3,995,000
Closing costs (~8% of asking)
-$319,600
Est. remaining loan balance
-$1,156,532
Cash to seller
$2,518,868

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

October 2021

Original loan amount

$1,240,500

Est. remaining balance

$1,156,532

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Richard L Sales

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 2:40 PM

Listing updated: 12/05/2024 at 11:15 AM

Listed by: Ricardo Sales, Superlative Realty Phone #: (480) 621-6183

MLS: ArizonaRegional #6753805

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