8353 N 58th Pl

• Custom Kitchen with High-End Appliances: The kitchen features a large island, custom cabinetry, and high-end appliances, adding significant value to the property • Wine Cellar and Tasting Room: The wine cellar and tasting room provide a unique and valuable amenity for wine enthusiasts • Swimming Pool and Outdoor Entertainment Area: The swimming pool and outdoor entertainment area offer a luxurious outdoor living space, enhancing the property's appeal • Ornate Architectural Details: The property features ornate architectural details, including custom moldings, ceiling murals, and decorative ironwork, adding to its unique character and value • Swimming Pool • Outdoor Kitchen • Wine Cellar • Home Theater • Gated Entrance • Price Position: At $883.90/sqft, the property is priced significantly higher than the recent median of $728/sqft in 85253, suggesting a potential overvaluation. • Appreciation Trend: Sold in 2000 for $3,100,000, indicating substantial appreciation over the long term. However, recent listing history shows price volatility. • Negotiation Opportunity: 151 days on market is significantly above average, suggesting the property is overpriced or has other drawbacks impacting buyer interest. • Rental Income: $15,680/month with 95% occupancy (0.0% cap rate) • Schools: High school ratings (8/10) contribute an estimated 5-7% premium to property values; elementary and middle school ratings (9-10/10) add an additional 3-5%. • Future Development: No specific large-scale developments are planned in immediate vicinity, maintaining the area's low-density residential character; potential for infill development on larger lots. • The property appears to have good natural light throughout, with large windows and doors providing ample sunlight. The outdoor spaces are also well-lit, creating a welcoming and inviting atmosphere.