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$3,773,026Estimated home value

Beds
6
Baths
6.5
sq ft
8,696

9030 North 48th Place, Paradise Valley, AZ 85253

9030 North 48th Place

Paradise Valley, AZ 85253

  • Sold On 12/18/2018
    • Price drop $100,000↓
PRE-APPROVED SHORT SALE. THE ABSOLUTE BEST DEAL IN PARADISE VALLEY at $160 s/f. See document tab for upgrade list. 6-En Suite Bedrooms and 6.5 Bathrooms including 2 Attached Guest Casitas, Home Office, Soaring 20-Foot Ceilings, Brazilian Cherry Wood and Tumbled Travertine Floors. Formal Living and Dining, Family Room, Massive Resort Style Yard, Flagstone Flooring, Outdoor Kitchen with Built-in BBQ, Heated Play Pool and Spa w/ Waterfall and 2 Covered Patios. Huge Game Room with Large Stone Fireplace, Built-in Entertainment Center, Granite Fireplace and Wet-Bar with Wine Fridge. Large Master features Coffered Ceilings, Custom Lighting, Huge His and Her Closets, Master Bath with Tumbled Travertine, Granite, Jacuzzi Tub and Custom Cabinetry. RV Gate with plenty of parking on cul-de-sac.

Details

Property type

Single Family Residence

Est. home value

$3,773,026

Lot size

1.04 acres

Price per sq ft

$150

Year built

1994

Annual property taxes

$6,712

HOA

No

Price History

12/11/2024
ArizonaRegional

ArizonaRegional #6722994

Removed
$4,799,000
10/08/2024
ArizonaRegional

ArizonaRegional #6722994

Price change
$4,799,000
-4%
06/24/2024
ArizonaRegional

ArizonaRegional #6722994

Listed
$4,999,000
+308.08%

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

$323,379
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$872,621
Cash to seller
$323,379

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 2018

Original loan amount

$980,000

Est. remaining balance

$872,621

Interest rate

4.65%

Loan type

New Conventional, 30 year

Seller

Babak Tehranchi and Katayoun Baniriah

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: Off Market

Tomo last checked: 01/15/2025 at 3:10 AM

Listing updated: 01/12/2025 at 8:13 PM

Listed by: Diane Bancroft, Desert Blossom Realty Phone #: (480) 861-6274

MLS: ArizonaRegional #5809165

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