tomo logo

$5,995,888

Beds
8
Baths
9.0
sq ft
10,094

8312 North 50th Street, Paradise Valley, AZ 85253

8312 North 50th Street

Paradise Valley, AZ 85253

  • 2 days on market
Incredible Buy! This spectacular estate on nearly 1.7 acres is one of the best values available in Paradise Valley! Featuring 8 Bedrooms, 9 Bathrooms and over 10,000 square feet, this privately gated home with stunning Mummy Mountain and Phoenix Mountain Preserve views, checks every box and offers plenty of amenities. Incredible backyard with koi ponds, waterfalls, large pool with waterslide and grotto and 6 Tee-boxes with a southwest Greens practice area. Gorgeous light and bright kitchen with Wolf & Sub Zero appliances, state of the art movie theater, game room, bar, sauna & steam room! This property is conveniently located within minutes from the new Global Ambassador, world class resorts, shopping, dining and golf!

Details

Property type

Single Family Residence

Est. home value

$5,074,105

Lot size

1.63 acres

Price per sq ft

$595

Year built

1995

Annual property taxes

$21,052

HOA

No

Price History

12/20/2024
ArizonaRegional

ArizonaRegional #6796258

Listed
$5,995,888
-0.07%
09/01/2024
ArizonaRegional

ArizonaRegional #6711724

Removed
$5,999,999
07/20/2024
ArizonaRegional

ArizonaRegional #6711724

Price change
$5,999,999
-12.73%

Schools & Community

Elementary school: 

Cherokee Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral 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

Quontic Bank Fsb

Loan start date

December 2021

Original loan amount

$2,990,000

Est. remaining balance

Not provided

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

David Wayne Scatchard and Brooke Walls Scatchard

Lender

Hanson Capital Llc

Loan start date

May 2021

Original loan amount

$90,000

Est. remaining balance

Not provided

Interest rate

3.09%

Loan type

Commercial

Seller

David Wayne Scatchard and Brooke Walls Scatchard

Lender

A & A Funding Corp

Loan start date

May 2020

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

3.65%

Loan type

Commercial

Seller

David Wayne Scatchard and Brooke Walls Scatchard

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?

Status: Active

Tomo last checked: 12/22/2024 at 12:15 AM

Listing updated: 12/21/2024 at 8:10 PM

Listed by: Joshua A Peters, Realty ONE Group Phone #: (602) 953-4000

MLS: ArizonaRegional #6796258

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