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$5,495,000
4501 E Foothill Drive
Paradise Valley, AZ 85253
MLS# 5703334
Status: Closed
6 beds  |  9 baths


4501 E Foothill Drive, Paradise Valley, AZ 85253
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Property Description
LUXURY AUCTION - SELLING WITH NO RESERVE – MARCH 22nd. Making its Market debut - Majestic Heights rests on one of Paradise Valley’s highest lots offering stunning cityscape views. Created with a Mediterranean flare and providing resort-style amenities, it offers a sense of seclusion with unparalleled privacy and spectacular landscaping. An entertainment wing was added to the property complete with a versatile gathering space, two bedroom guest suite, and an expansive multi-use space which can accommodate a 16-car garage, indoor children’s play area, full gymnasium, indoor sports court and more. A RARE opportunity for you to own at YOUR price!

Details
Contract Information
Status Change Date: 2018-05-14
List Price: $5,495,000
Status: Closed
Current Price: $3,700,000
List Date: 2018-01-02
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: Y
Location, Tax & Legal
Map Code/Grid: N36
House Number: 4501
Compass: E
Street Name: Foothill
St Suffix: Drive
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 2913
Country: USA
County Code: Maricopa
Assessor's Map #: 11
Assessor's Parcel #: 145
Assessor Number: 169-11-145
Legal Description (Abbrev): LOT 1 TATUM CANYON 1 MCR 059806
Subdivision: TATUM CANYON 1
Tax Municipality: Paradise Valley
Taxes: 20505
Tax Year: 2017
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 6
# Bathrooms: 9
Approx SQFT: 10198
Price/SqFt: 362.82
Guest House SqFt: 4544
Horses: N
Builder Name: Dave Hansen
Year Built: 1995
Approx Lot SqFt: 93031
Pool: Private Only
Elementary School: Kiva Elementary School
Jr. High School: Mohave Middle School
High School: Saguaro High School
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Remarks & Misc
Cross Street: Tatum and Lincoln
Directions: North on Tatum to Foothill Drive. West (left) on Foothill Drive to the ''T''. Left on 47th Street to ''T''. Right on Desert Park. Home is on the left at intersection of Desert Park and Foothill Drive
Geo Lat: 33.551803
Geo Lon: -111.984828
Status Change Info
Off Market Date: 2018-04-16
Under Contract Date: 2018-04-15
Close of Escrow Date: 2018-05-14
Sold Price: 3700000
Legal Info
Township: 2N
Range: 4E
Section: 6
Lot Number: 1
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2 $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Parking Spaces
Garage Spaces: 19
Slab Parking Spaces: 8
Total Covered Spaces: 19
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: Auction
Architecture: Other (See Remarks)
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks; Private Toilet Room
Master Bedroom: Split
Additional Bedroom: Other Bedroom Split; Other Bedroom Downstairs; Separate Bedroom Exit; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet; Master Bedroom Sitting Room
Fireplace: 3+ Fireplace; Fireplace Family Rm; Fireplace Living Rm; Fireplace Master Bdr; Gas Fireplace; Exterior Fireplace; Firepit
Flooring: Stone; Wood
Windows: Dual Pane
Pool Features: Diving Pool; Heated
Spa: Heated
Dining Area: Formal; Breakfast Bar; Breakfast Room
Kitchen Features: Range/Oven Gas; Disposal; Refrigerator; Reverse Osmosis; Multiple Ovens; Walk-in Pantry; Granite Countertops; Kitchen Island
Laundry: Inside
Other Rooms: Family Room; Great Room; Bonus/Game Room; Guest Qtrs-Sep Entrn; Media Room
Features: 9+ Flat Ceilings; Central Vacuum; Water Softener Owned; Drink Wtr Filter Sys
Technology: Cable TV Avail; High Speed Internet Available; Security Sys Owned
Exterior Features: Balcony; Built-in BBQ; Childrens Play Area; Covered Patio(s); Misting System; Patio; Pvt Yrd(s)/Crtyrd(s); Separate Guest House; Tennis Court(s)
Parking Features: Attch'd Gar Cabinets; Dir Entry frm Garage; Electric Door Opener; Over Height Garage; Side Vehicle Entry
Construction: Block
Const - Finish: Painted; Stucco; Stone
Roofing: Tile; Foam
Cooling: Refrigeration
Heating: Natural Gas
Plumbing: Recirculation Pump; Gas Hot Water Heater
Utilities: APS; SW Gas
Water: Pvt Water Company
Sewer: Sewer - Public
Services: City Services
Fencing: Other; See Remarks
Property Description: Border Pres/Pub Lnd; Hillside Lot; City Light View(s); Mountain View(s)
Landscaping: Desert Front; Natural Desert Front; Natural Desert Back; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back
Possession: Close of Escrow
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Treat as Free&Clear
Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: November - 05 - 2019

4501 E Foothill Drive, Paradise Valley, AZ 85253 - MLS# 5703334

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