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$5,000,000

Beds
5
Baths
6.5
sq ft
6,057

8817 North 58th Place, Paradise Valley, AZ 85253

8817 North 58th Place

Paradise Valley, AZ 85253

  • 2 days on market
Gorgeous home in prime location in Paradise Valley! Main House is 5,278 sq ft w/ 4 bdrms all en-suite + home office.Large formal living rm at entry w/ soaring vaulted ceilings & fireplace.Remodeled kitchen in 2020 opens to great room & dining area w/ large copper fireplace & wall to wall bookcases.Primary bdrm w/ sitting area,fireplace,remodeled bathroom(2020) & large walk in closet.Professionally designed 779 sq. ft. guest house meticulously rebuilt by GM Hunt exudes sophistication w/ a private bdrm, kitchenette, new appliances, farmhouse sink, quartz countertops & washer/dryer. Expansive retractable doors open to a breathtaking backyard installed by Berghoff.This resort-style retreat features a Mediterranean-inspired pool, a custom pickleball court,putting green w/ bunkers & tee boxes.

Details

Property type

Single Family Residence

Est. home value

$3,276,702

Lot size

0.99 acres

Price per sq ft

$826

Year built

1986

Annual property taxes

$9,789

Monthly HOA fee

$43

Price History

03/12/2025
ArizonaRegional

ArizonaRegional #6833853

Listed
$5,000,000
+117.39%
06/15/2021
ArizonaRegional

ArizonaRegional #6205353

Sold
$2,300,000
+67.27%
08/28/2015
ArizonaRegional

ArizonaRegional #5318667

Sold
$1,375,000

Schools & Community

Elementary school: 

Cherokee Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral High School

High school district: 

Scottsdale 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

$2,907,116
Asking price
$5,000,000
Closing costs (~8% of asking)
-$400,000
Est. remaining loan balance
-$1,692,884
Cash to seller
$2,907,116

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

June 2021

Original loan amount

$1,840,000

Est. remaining balance

$1,692,884

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Brent Tally and Nicole Tally

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: 03/14/2025 at 8:45 AM

Listing updated: 03/13/2025 at 5:33 PM

Listed by: Lauren Ellington, Realty Executives Phone #: (480) 948-9450

MLS: ArizonaRegional #6833853

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