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$3,700,000

Beds
6
Baths
4.5
sq ft
4,817

8635 North Tatum Boulevard, Paradise Valley, AZ 85253

8635 North Tatum Boulevard

Paradise Valley, AZ 85253

  • 61 days on market
    • Price drop $100,000↓
    • Open house Dec 22
Breathtaking Paradise Valley retreat that has been meticulously transformed into a modern sanctuary, epitomizing the essence of contemporary elegance. This residence has undergone an extensive renovation, seamlessly blending sophistication with the allure of Arizona's outdoor lifestyle. The home is designed to captivate with its emphasis on clean lines, abundant natural light, and a layout crafted to optimize the joy of indoor/outdoor living. The property boasts a newly added heated pool, spa, and a pristine white travertine deck, creating a picturesque oasis perfect for entertaining as well as a new roof added in 2023. Meticulously landscaped surroundings, which include a barbecue area, hardscaping, in-ground trampoline, bocce ball, and a putting green. Modernized interior includes custom artistic wall coverings, sensational matte black flat-panel kitchen cabinets with warm wood elements and stainless steel appliances along with "no grout lines" metallic stained concrete floors. Primary bedroom with exit to relaxing spa is an utopian escape with zen spa-like bathroom and grand closet. Total 6 bedrooms 4.5 bathrooms plus an office, 3 car garage with Tesla electric charger, RV gate, plus plenty of additional parking. Straight line 10 miles to Phoenix Sky Harbor Airport. Across the street from hiking/biking trail! Perfect for Airbnb or VRBO! NO HOA! No short-term rental restrictions in CC&R's. Can be sold turnkey!

Details

Property type

Single Family Residence

Est. home value

$2,569,760

Lot size

0.99 acres

Price per sq ft

$769

Year built

1968

Annual property taxes

$6,049

HOA

No

Price History

11/21/2024
ArizonaRegional

ArizonaRegional #6774272

Price change
$3,700,000
-2.63%
10/22/2024
ArizonaRegional

ArizonaRegional #6774272

Listed
$3,800,000
05/22/2024
ArizonaRegional

ArizonaRegional #6645480

Removed
$3,800,000

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

Equitable Home Mortgage Inc

Loan start date

November 2022

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

New Conventional, 30 year

Seller

Michel Edery and Jean Michel Edery

Lender

Truwest Cu

Loan start date

August 2022

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

4.41%

Loan type

Credit Line (Revolving)

Seller

Michel Edery

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: 12/22/2024 at 10:30 AM

Listing updated: 12/22/2024 at 1:02 AM

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

MLS: ArizonaRegional #6774272

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