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$4,500,000

Beds
6
Baths
6.5
sq ft
8,420

9030 North 48th Place, Paradise Valley, AZ 85253

9030 North 48th Place

Paradise Valley, AZ 85253

  • 244 days on market
    • Price drop $299,000↓
PRICED NEARLY $1M BELOW APPRAISAL AND BACK ON MARKET ! On a quiet cul de sac in the coveted 3C's school district, this impressively remodeled PV estate boasts 6 generously sized ensuite bedrooms & 6.5 baths, incl attached casita with kitchen and sep entry/garage + attached LL guest suite with lounge and fitness room, ideal for multi-generational living! Guests are greeted by soaring 20 ft ceilings, a formal living room, a central kitchen bathed in natural light, an office, multiple dens, and an immense great room for large scale entertaining! Mountain Views abound in the stunning backyard w/pool, spa, outdoor kitchen, firepit and many gracious conversation patios. Car enthusiasts will love the massive 5-car garage space (2 w/hvac). Expansive, upscale, comfortable, resort-style living!

Details

Property type

Single Family Residence

Est. home value

$3,773,026

Lot size

1.04 acres

Price per sq ft

$535

Year built

1994

Annual property taxes

$7,480

HOA

No

Price History

01/15/2025
ArizonaRegional

ArizonaRegional #6722994

Price change
$4,500,000
-6.23%
01/15/2025
ArizonaRegional

ArizonaRegional #6722994

Listed
$4,799,000
12/11/2024
ArizonaRegional

ArizonaRegional #6722994

Removed
$4,799,000

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

$3,269,051
Asking price
$4,500,000
Closing costs (~8% of asking)
-$360,000
Est. remaining loan balance
-$870,949
Cash to seller
$3,269,051

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

$870,949

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?

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5455 East Berneil Drive, Paradise Valley, AZ 85253

Status: Active

Tomo last checked: 02/23/2025 at 3:50 PM

Listing updated: 02/23/2025 at 1:01 AM

Listed by: Rachel Herold, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6722994

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