NOT LISTED FOR SALE

4606 E Charles Dr Paradise Valley, AZ 85253

Estimated Value: $4,972,000 - $5,527,084

4 Beds
5.5 Baths
5,600 Sq Ft
$938/Sq Ft Est. Value

Last Sold February 18, 2021

Last sale price $2,900,000 $518 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $28,543/month

57 Days on Market

Highlights

  • Private Pool
  • RV Garage
  • 2 Fireplaces
  • Cherokee Elementary School Rated A
  • Contemporary Architecture
  • No HOA

About This Home

As of February 2021

NEW CONSTRUCTION by Worth Development, LLC. This gorgeous 5,336-5,900 square foot, custom contemporary home in the coveted Hillside District of Paradise Valley is an amazing opportunity with stunning mountain and valley views and spacious indoor/outdoor living. This home sits on a flat 1-acre and is minutes from great restaurants and entertainment. The interior features an open concept floor plan with plenty of natural light from a 36' fully retractable glass pocketed wall. The Master Suite boasts a cozy fireplace and easy spa access for romantic evenings and great views. The pool & spa design add to the fine outdoor living concept created for today's modern lifestyle. Other features include a large home office with mountain views, an indoor-outdoor exercise room, a large entertainment bar for hosting guests, a spacious game/teen room and much more! An ample three car garage plus an attached "RV" garage with optional customization opportunities to include space for car lifts and your car collection, a studio apartment, guest casita or workshop. High-end finishes and appliances throughout. Don't miss out on this amazing opportunity for luxury in Paradise Valley!

Expected groundbreaking to occur December 1st and completion projected for Fall of 2021. Future listing price at completion between $3,250,000 and $3,500,000. Joining the development team now will do more than just that. You can have as much or as little involvement as you like in final decisions related to interior design, finishes, appliances, space planning, etc.

Last Agent to Sell the Property

Devin Galland

Hub Realty License #BR675369000 Listed on: 11/25/2020

Last Buyer's Agent

Cionne McCarthy

Russ Lyon Sotheby's International Realty License #SA020586000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,446

Year Built

  • Built in 2020

Lot Details

  • 0.95 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 4 Car Garage
  • RV Garage

Home Design

  • Home to be built
  • Contemporary Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 5,600 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio

Schools

  • Cherokee Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Worth Development LLC
  • Sunset Hills Lot 21 37 & Tr A, B Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 168-69-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,446

Year Built

Built in 2020

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Tatum and Doubletree Ranch
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2020
  • Spa Private: Yes
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.95
  • Subdivision Name: SUNSET HILLS LOT 21-37 & TR A, B
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 517.86
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: NewHome

Interior Features

  • Basement YN: No
  • Spa Features: Private
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Breakfast Bar, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5600.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front
  • Pool Features: Private
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Stone
  • Patio And Porch Features: Patio
  • Property Condition: To Be Built
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Construction Status:To Be Built: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:RV Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 41453.0
  • Parcel #: 168-69-022

Building Info

  • Builder Name: Worth Development LLC

Tax Info

  • Tax Annual Amount: 4446.0
  • Tax Book Number: 168.00
  • Tax Lot: 20
  • Tax Map Number: 69.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
4606 E Charles Dr Llc
Bought by
Tony S Corey Revocable Trust
Current Estimated Value
$5,254,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,822,632
Interest Rate
2.13%
Mortgage Type
New Conventional
Estimated Equity
$3,431,396

Purchase Details

Listed on
Nov 25, 2020
Closed on
Jan 20, 2021
Sold by
Worth Development Llc
Bought by
4606 E Charles Dr Llc
Seller's Agent
Devin Galland
Hub Realty
Buyer's Agent
Cionne McCarthy
Russ Lyon Sotheby's International Realty
List Price
$2,950,000
Sold Price
$2,900,000
Premium/Discount to List
-$50,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%

Purchase Details

Closed on
Aug 13, 2020
Sold by
Indian Flats Investments Llc
Bought by
Worth Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2020
Sold by
Abf Investments Llc
Bought by
Indian Flats Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2018
Sold by
Cedar Rose Llc
Bought by
Abf Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 8, 2017
Sold by
Verity Business Solutions Llc
Bought by
Cedar Rose Llc

Purchase Details

Listed on
Feb 7, 2017
Closed on
Apr 7, 2017
Sold by
U S Bank Na
Bought by
Verity Business Solutions Llc
Seller's Agent
Cynthia Kenner
HomeSmart
Buyer's Agent
Jennifer Pedersen
RE/MAX Fine Properties
List Price
$749,900
Sold Price
$640,000
Premium/Discount to List
-$109,900
-14.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.38%
Original Mortgage
$1,500,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2017
Sold by
Myrman Virgina G and Myrman Earl D
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 28, 2012
Sold by
Myrman Earl D
Bought by
Myrman Virginia G and Myrman Earl D

Purchase Details

Closed on
Mar 28, 2006
Sold by
Myrman Virginia G
Bought by
Myrman Earl D and Myrman Virgina G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 1994
Sold by
Myrman Earl D
Bought by
Myrman Earl D and Myrman Virginia G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tony S Corey Revocable Trust -- First Arizona Title
4606 E Charles Dr Llc $2,900,000 First American Title Ins Co
Worth Development Llc $860,000 Magnus Title Agency
Indian Flats Investments Llc -- Magnus Title Agency
Abf Investments Llc $775,000 First American Title Insuran
Cedar Rose Llc -- Magnus Title Agency
Verity Business Solutions Llc $640,000 Chronos Title And Escrow Age
Verity Business Solutons Llc $712,405 None Available
Us Bank National Association $806,000 None Available
Myrman Virginia G -- None Available
Myrman Earl D -- None Available
Myrman Earl D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tony S Corey Revocable Trust $2,000,000
Previous Owner Worth Development Llc $1,980,000
Previous Owner Abf Investments Llc $250,000
Previous Owner Verity Business Solutons Llc $1,500,000
Previous Owner Myrman Earl D $610,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2021 02/18/21 Sold $2,900,000 -1.7% $518 / Sq Ft
11/25/2020 11/25/20 For Sale $2,950,000 +360.9% $527 / Sq Ft
05/04/2017 05/04/17 Sold $640,000 -14.7% $282 / Sq Ft View Prior Sale
02/07/2017 02/07/17 For Sale $749,900 -- $331 / 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 $12,841 $218,568 -- --
2024 $13,133 $215,729 -- --
2023 $13,133 $360,450 $72,090 $288,360
2022 $5,584 $129,450 $25,890 $103,560
2021 $2,971 $72,525 $72,525 $0
2020 $4,466 $74,570 $14,910 $59,660
2019 $4,312 $68,310 $13,660 $54,650
2018 $4,151 $74,010 $14,800 $59,210
2017 $4,488 $57,900 $11,580 $46,320
2016 $4,404 $61,050 $12,210 $48,840
2015 $4,179 $61,050 $12,210 $48,840
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6164973

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-69-022