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$2,149,000

Beds
3
Baths
4.5
sq ft
3,204

7120 North Clearwater Parkway, Paradise Valley, AZ 85253

7120 North Clearwater Parkway

Paradise Valley, AZ 85253

  • 393 days on market
    • Price drop $50,000↓
Rare offering in coveted Clearwater Hills! Find an unexpected pocket of natural beauty and safety in this mountainous guard-gated community. Clearwater Hills is a refuge from the traffic and sound of city life, where you are more likely to hear a coyote howl than a honking horn - yet it is just minutes from Arcadia and Biltmore restaurants, and less than 20 minutes from Sky Harbor. From the pool, look up at a ring of mountains. From the picture windows in the home, enjoy a view of distant city lights. This location is truly unique, and the home offers so many possibilities. This mid-century home offers 3 bedroom suites - a very spacious master with jetted tub and split shower, and two guest bedrooms with full bathrooms. (Continued in supplement...) Two powder rooms serve the main living areas. The master bedroom has a westward view of Piestewa, sitting area, dual closets, and opens to a balcony room enclosed by sliding doors. This flexible space is currently set up as a gym, but is just as easily used as a conservatory, a workspace or private lounge. This room overlooks a thriving natural wash area. The kitchen is updated with shaker cabinets, beautiful granite and newer appliances, including an induction cooktop and professional range hood. There is a seated peninsula and a kitchen table area. The formal dining area has a southward view which captures city lights at night; it is a dedicated space yet open to the large living area. From the front entry, you can look out on to two living spaces separated by back-to-back brick gas-burning fireplaces. The living areas are spacious with high ceilings and great natural light. The far side of the main living area a nice wet bar area for entertainment purposes, complete with beverage fridges. Large sliding glass doors open out on to a full-length covered veranda from every space along the back of the home, so you never lose view of your beautiful surroundings. Motorized roller shades offer privacy on the north facing windows at night. The powder room in the living area doubles as a pool bathroom as it opens onto the patio. The spacious pool deck is a step down from the home itself, offering privacy to swimmers while still feeling very open. A large pantry, laundry and utility room are right off of the kitchen, leading to the 2 -car garage. A large storage room runs along the back of the garage. The home has a newer roof as of 2019, and new flooring, stucco, & paint as of 2020. More recent upgrades include new HVAC units, new gas tankless water heater, plumbed gas to two fireplaces with remote fire controls, upgraded dishwasher, & new pool pump. While the character and quality of this home are lovely as-is, it would also be a great candidate for expansion or remodel. Buildable lots in the community garner high pricing and and a square footage addition or even a scrape and rebuild would be profitable in this location for a buyer with the right resources. 2nd story views from this location are easy to imagine by standing in the driveway looking out over the home - incredible!

Details

Property type

Single Family Residence

Est. home value

$2,268,466

Lot size

0.82 acres

Price per sq ft

$671

Year built

1967

Annual property taxes

$6,690

Monthly HOA fee

$375

Price History

10/21/2024
ArizonaRegional

ArizonaRegional #6617694

Price change
$2,149,000
-2.27%
07/17/2024
ArizonaRegional

ArizonaRegional #6617694

Listed
$2,199,000
06/12/2024
ArizonaRegional

ArizonaRegional #6617694

Removed
$2,199,000

Schools & Community

Elementary school: 

Kiva Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro High School

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

$1,568,013
Asking price
$2,149,000
Closing costs (~8% of asking)
-$171,920
Est. remaining loan balance
-$409,067
Cash to seller
$1,568,013

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

September 2020

Original loan amount

$450,000

Est. remaining balance

$409,067

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Elizabeth Field

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: 11/14/2024 at 8:45 AM

Listing updated: 10/20/2024 at 10:30 PM

Listed by: Jaime Mazzeo, Realty Executives Phone #: (602) 861-3300

MLS: ArizonaRegional #6617694

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