tomo logo

$4,000,000

Beds
5
Baths
4.0
sq ft
4,356

7501 East Cholla Lane, Scottsdale, AZ 85250

7501 East Cholla Lane

Scottsdale, AZ 85250

  • 3 days on market
    • Open house Jun 29
Located on a quiet cul-de-sac in the vibrant heart of Old Town, this exquisite residence offers a thoughtfully designed open floor plan that masterfully blends indoor comforts with outdoor delights. The expansive primary suite is designed as a private retreat, featuring a cozy fireplace and a separate sitting area. The chef-inspired kitchen is a highlight, centered around a striking cascading island and outfitted with stainless steel appliances, well equipped for both intimate family dinners and large gatherings.The dining space accommodates up to 12 guests and flows beautifully into a spectacular backyard through massive 20-foot pocket doors. This outdoor paradise boasts a putting green, several inviting fireplaces, a pergola and a swimming pool, creating a perfect setting for -- entertaining or relaxation. Further enhancing this home's appeal is the extensive 4-car garage along with an RV pad, offering plentiful space for parking and additional storage. This property stands as a beacon of sophisticated and elegant living within Old Town, with easy access to Sky Harbor Int'l Airport, Fashion Square mall, dining, golf courses, major freeways & much more!

Details

Property type

Single Family Residence

Est. home value

$2,918,160

Lot size

0.5 acres

Price per sq ft

$919

Year built

1984

Annual property taxes

$6,601

Price History

06/25/2024
ArizonaRegional

ArizonaRegional #6723664

Listed
$4,000,000
+11.11%
02/05/2024
ArizonaRegional

ArizonaRegional #6620605

Removed
$3,600,000
10/20/2023
ArizonaRegional

ArizonaRegional #6620605

Listed
$3,600,000
+3.96%

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

Flatirons Bank

Loan start date

March 2023

Original loan amount

$437,297

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

Credit Line (Revolving), 0 year

Seller

Philip Dumontet and Alexa Squillaro

Lender

A&D Mortgage Llc

Loan start date

August 2022

Original loan amount

$2,943,550

Est. remaining balance

$2,872,811

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Philip Dumontet and Alexa Squillaro

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?

Similar Homes Nearby

ArizonaRegional
$4,259,900
4 bd
|
4.5 ba
|
4,430 sq ft
|
House

7532 East Laredo Lane, Scottsdale, AZ 85250

Price drop
ArizonaRegional
$4,500,000
8 bd
|
8.5 ba
|
9,442 sq ft
|
House

5518 North Quail Place, Paradise Valley, AZ 85253

Status: Active

Tomo last checked: 06/28/2024 at 4:30 PM

Listing updated: 06/28/2024 at 10:33 AM

Listed by: Jennifer Schumacher, Russ Lyon Sotheby's International Realty Phone #: (480) 287-5200

MLS: ArizonaRegional #6723664

ArizonaRegional logo