tomo logo

$2,199,400

Beds
5
Baths
6.0
sq ft
4,680

8535 East Dog Leg Drive, Carefree, AZ 85377

8535 East Dog Leg Drive

Carefree, AZ 85377

  • 233 days on market
    • Price drop $500↓
This magnificent home was designed and the residence of the renowned golf course designer Pete Dye, epitomizes the luxury living experience in Carefree. With breathtaking views from every room and a host of premium features, this residence offers both a serene retreat. While this home could certainly make a wonderful primary residence the current owners use as a 2nd home and it's an established and profitable vacation rental with gross monthly revenues from 10K-22K in gross income per month. It's a turnkey business opportunity. PLUS! You will find convenient guest quarters, including a beautiful stone fireplace and a functional kitchenette. Ideal for visitors or as a rental opportunity, this inviting space provides comfort & convenience in a picturesque setting. Enjoy hosting memorable gatherings in the amazing backyard with an open patio & a crystal-clear swimming pool that is great for the summer! What are you waiting for? This gem won't disappoint!

Details

Property type

Single Family Residence

Est. home value

$1,695,258

Lot size

1.08 acres

Price per sq ft

$470

Year built

1971

Annual property taxes

$3,003

Price History

08/19/2024
ArizonaRegional

ArizonaRegional #6672260

Price change
$2,199,400
-0.02%
07/01/2024
ArizonaRegional

ArizonaRegional #6672260

Price change
$2,199,900
+29.41%
06/08/2024
ArizonaRegional

ArizonaRegional #6672260

Price change
$1,700,000
-25.27%

Schools & Community

Elementary school: 

Black Mountain Elementary School

Middle school: 

Sonoran Trails Middle School

High school: 

Cactus Shadows High School

High school district: 

Cave Creek 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

$734,525
Asking price
$2,199,400
Closing costs (~8% of asking)
-$175,952
Est. remaining loan balance
-$1,288,923
Cash to seller
$734,525

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

March 2022

Original loan amount

$1,361,250

Est. remaining balance

$1,288,923

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Fred J Wirtz and Briana C Wirtz

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: 11/22/2024 at 7:05 AM

Listing updated: 09/10/2024 at 8:01 AM

Listed by: Christine Noel, Bushnell Real Estate Solutions Phone #: (480) 570-2725

MLS: ArizonaRegional #6672260

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