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$4,895,000

Beds
5
Baths
7.0
sq ft
5,841

8901 North 58th Place, Paradise Valley, AZ 85253

8901 North 58th Place

Paradise Valley, AZ 85253

  • 45 days on market
Located in the prestigious sought-after neighborhood of Camelback Country Estates in the 3 C's school district, this charming newly updated property with large grassy area and sport court boasts a perfect floor plan with five ensuite bedrooms, including an attached guest house, plus a separate paneled library. The luxurious primary suite features two new his and her bathrooms, custom closets, an exercise room and sauna. Set on a full acre, the expansive grounds offer a fire pit, multiple patios and a brand new pool (owners dug out and moved the location of the new pool). Recent upgrades include fabulous 3,000 sq. ft. of hardwood floors, a lovely remodeled kitchen with quartz counters, new landscaping and a new roof (2021) with a 15-year transferable warranty!

Details

Property type

Single Family Residence

Est. home value

$3,066,305

Lot size

1.0 acres

Price per sq ft

$839

Year built

1987

Annual property taxes

$10,494

Monthly HOA fee

$48.33

Price History

10/08/2024
ArizonaRegional

ArizonaRegional #6764671

Listed
$4,895,000
+243.51%
12/06/2019
ArizonaRegional

ArizonaRegional #5928390

Sold
$1,425,000

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

$3,382,335
Asking price
$4,895,000
Closing costs (~8% of asking)
-$391,600
Est. remaining loan balance
-$1,121,065
Cash to seller
$3,382,335

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2021

Original loan amount

$1,200,000

Est. remaining balance

$1,121,065

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Paul J Gustafson and Kathuryn R Gustafson

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 1:45 AM

Listing updated: 11/06/2024 at 2:55 PM

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

MLS: ArizonaRegional #6764671

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