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$2,450,000

Beds
5
Baths
4.5
sq ft
5,158

7462 S Mccormick Way, Queen Creek, AZ 85142

7462 S Mccormick Way

Queen Creek, AZ 85142

  • 48 days on market
    • Price drop $50,000↓
Experience luxury living in this stylishly upgraded 5 bedroom/4.5 bath home set on a spacious ¾-acre lot within the highly coveted community of San Tan Lakeside Estates community. Prepare to be impressed by the home's sophisticated design elements, customized wallpaper, exquisite light features & ceiling beams, all complemented by SMART TECHNOLOGY throughout. The chef's kitchen combines elegance with practicality inclusive of an oversized granite island, high-end appliances, 6-burner gas stove w/ pot filler. Enjoy the convenience of both formal and casual dining areas, providing flexibility for various occasions and moods. The primary master retreat offers an inviting foyer entrance, a private exit to the backyard, an oversized walk-in shower, a stand-alone tub, dual sinks, bonus room & an expansive walk-in closet. The floorplan is thoughtfully designed to showcase the outdoor living spaces, three ensuites and is situated on a generous ¾ acre lot. The original owners have transformed the backyard into an entertainer's paradise, featuring a sparkling lap pool/spa/built-in table/bench perfect for relaxing evenings and lively weekends. Enhance your leisure time with a five-hole putting green for practicing your short game or enjoying friendly competitions. The entertaining backyard is adorned with breathtaking mountain views, lemon and lime trees, and mature landscaping. Whether you're unwinding at the outdoor BBQ/bar area, sitting by the built-in fire pit, or soaking in the hot tub, there's something magical about admiring the majestic mountains from the comfort of your own home. Be sure to check out the document section for additional details on home. This property is truly a must-see!

Details

Property type

Single Family Residence

Est. home value

$1,867,205

Lot size

0.74 acres

Price per sq ft

$475

Year built

2016

Annual property taxes

$5,670

Monthly HOA fee

$194

Price History

10/23/2024
ArizonaRegional

ArizonaRegional #6758272

Price change
$2,450,000
-2%
09/17/2024
ArizonaRegional

ArizonaRegional #6758272

Listed
$2,500,000
-7.37%
07/31/2024
ArizonaRegional

ArizonaRegional #6710675

Removed
$2,699,000

Schools & Community

Elementary school: 

Charlotte Patterson Elementary

Middle school: 

Willie & Coy Payne Jr. High

High school: 

Basha High School

Community features: 

Gated

High school district: 

Chandler 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

Pnc Bank Na

Loan start date

January 2022

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

2.47%

Loan type

Credit Line (Revolving), 40 year

Seller

Michael J Welton and Shannon R Welton

Lender

Nova Financial & Investment Corp

Loan start date

September 2020

Original loan amount

$1,100,000

Est. remaining balance

$1,001,584

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Michael J Welton and Shannon R Welton

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: 11/04/2024 at 9:05 PM

Listing updated: 11/03/2024 at 1:00 AM

Listed by: Trisha Euper, AZ Seville Realty, LLC Phone #: (480) 221-6570

MLS: ArizonaRegional #6758272

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