NOT LISTED FOR SALE

3801 E Berridge Ln Paradise Valley, AZ 85253

Estimated Value: $7,196,000 - $8,863,000

7 Beds
7.5 Baths
10,056 Sq Ft
$824/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $5,900,000 $587 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $46,773/month

444 Days on Market

Highlights

  • Guest House
  • Tennis Courts
  • Gated Parking
  • Phoenix Coding Academy Rated A
  • Play Pool
  • 3.2 Acre Lot

About This Home

As of April 2021

BEST VALUE. The private grounds alone is worth 3.5 Million Dollars; privately gated on 3 plus acres, views from every angle to include a home that defines luxury resort style living. The interior features soft and elegant tones which embodies today's transitional style. Top of line Crestron smart-home system paired with indoor and outdoor Audio/Video systems makes this property easy to control from any place in the world. The Chef's kitchen is gorgeous, highly functional and features all of the high end appliances. The multiple indoor living spaces flow seamlessly to your outdoor oasis which includes a 1,628 sq ft detached guest casita with a full kitchen, tennis court, BBQ Ramada with a full outdoor living space and kitchen for entertaining guests. Multiple fireplaces throughout the home give ambiance and set the tone for each living space. The split floor plan features a 5 bedroom en suite wing. The outdoor spaces surround the tranquil pool and spa area which gives the feeling of being at a private resort. The master retreat is spacious and features a private balcony with unrivaled city light views, dual closets, high end Robern vanities, steam shower and much more. Sit back and watch a movie in the state of the art theater or enjoy some time in the library. Close proximity to Phoenix Country Day, airports, as well as all of the shops and restaurants the area has to offer. This estate boasts grounds rarely found in Paradise Valley and is a must see.

Last Agent to Sell the Property

Frank Aazami

Compass License #SA581280000 Listed on: 12/18/2019

Compass

Co-Listed By

Bill Bulaga

Russ Lyon Sotheby's International Realty License #SA664974000

Last Buyer's Agent

Justin Sicari

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,680

Year Built

  • Built in 1987

Lot Details

  • 3.2 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking

Home Design

  • Contemporary Architecture
  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 10,056 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 7.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Intercom
  • Smart Home

Accessible Home Design

  • Accessible Hallway
  • Stepless Entry

Pool

  • Play Pool
  • Heated Spa

Outdoor Features

  • Tennis Courts
  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

  • Creighton Elementary School
  • Biltmore Preparatory Academy Middle School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available
  • Water Purifier
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Palo Verde Foothills Subdivision

Listing and Financial Details

  • Tax Lot 25A
  • Assessor Parcel Number 164-04-121

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,680

Year Built

Built in 1987

Lot Details

0

Parking

5

Listing Details

  • Cross Street: Lincoln Drive and 38th Street
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1987
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: From Lincoln S on 38th Street turns into Berridge Lane. Property Gate is at this merge; as we welcome you to this estate's serenity.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 3.2
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: PALO VERDE FOOTHILLS
  • Architectural Style: Other, Contemporary, Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Other Equipment: Intercom
  • Accessibility Features: Zero-Grade Entry, Accessible Hallway(s)
  • Possible Bedrooms: 9
  • Total Bedrooms: 7
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 10056.0
  • Stories: 2
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Separate Workshop: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Misting System, Tennis Court(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated
  • Pool Private: Yes
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Other Structures: Separate Guest House, Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Concrete, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Misting System: Yes
  • Exterior Features:Tennis Court(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Gated, Garage Door Opener, Circular Driveway
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Open Parking Spaces: 5.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Biltmore Preparatory Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 139200.0
  • Parcel #: 164-04-121

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 32680.0
  • Tax Book Number: 164.00
  • Tax Lot: 25A
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Apr 13, 2021
Sold by
Emdasa Llc
Bought by
Watson David John
Seller's Agent
Frank Aazami
Compass
Buyer's Agent
Justin Sicari
Compass
List Price
$8,500,000
Sold Price
$5,900,000
Premium/Discount to List
-$2,600,000
-30.59%
Current Estimated Value
$8,290,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,390,954
Avg. Annual Appreciation
7.95%
Original Mortgage
$3,500,000
Outstanding Balance
$3,160,076
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$5,130,878

Purchase Details

Listed on
Dec 18, 2019
Closed on
Apr 9, 2021
Sold by
Watson Christine
Bought by
Watson David John
Seller's Agent
Frank Aazami
Compass
Buyer's Agent
Justin Sicari
Compass
List Price
$8,500,000
Sold Price
$5,900,000
Premium/Discount to List
-$2,600,000
-30.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,160,076
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$5,130,878

Purchase Details

Listed on
Dec 18, 2019
Closed on
Apr 8, 2021
Sold by
Watson David John
Bought by
Griffith Matthew and Griffith Angela
Seller's Agent
Frank Aazami
Compass
Buyer's Agent
Justin Sicari
Compass
List Price
$8,500,000
Sold Price
$5,900,000
Premium/Discount to List
-$2,600,000
-30.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,160,076
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$5,130,878
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Watson David John -- Accommodation
Watson David John -- Premier Title Agency
Griffith Matthew $5,900,000 Premier Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffith Matthew $3,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $5,900,000 -9.2% $587 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
12/22/2020 12/22/20 Price Changed $6,500,000 -7.1% $646 / Sq Ft
12/01/2020 12/01/20 Price Changed $6,995,000 -12.6% $696 / Sq Ft
11/21/2020 11/21/20 Price Changed $8,000,000 +14.4% $796 / Sq Ft
11/14/2020 11/14/20 Price Changed $6,995,000 -12.6% $696 / Sq Ft
01/16/2020 01/16/20 Price Changed $8,000,000 -3.6% $796 / Sq Ft
01/05/2020 01/05/20 Price Changed $8,300,000 -1.2% $825 / Sq Ft
01/02/2020 01/02/20 Price Changed $8,399,000 -1.2% $835 / Sq Ft
12/18/2019 12/18/19 For Sale $8,500,000 -- $845 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $33,795 $312,108 -- --
2024 $33,565 $297,246 -- --
2023 $33,565 $497,980 $99,590 $398,390
2022 $32,236 $405,830 $81,160 $324,670
2021 $33,430 $372,910 $74,580 $298,330
2020 $32,703 $371,110 $74,220 $296,890
2019 $32,680 $326,710 $65,340 $261,370
2018 $32,106 $310,700 $62,140 $248,560
2017 $30,844 $335,770 $67,150 $268,620
2016 $29,647 $268,250 $53,650 $214,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6015461

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-04-121