$3,000,000
SOLD NOV 12, 2020

4900 E Desert Fairways Dr Paradise Valley, AZ 85253

5 Beds
5.5 Baths
7,333 Sq Ft
0.92 Acres

Recently Sold

$409 Per Sq Ft

9% Below List Price

346 Days on Market

Highlights

  • Guest House
  • On Golf Course
  • Gated Parking
  • Kiva Elementary School Rated A
  • Heated Pool
  • Mountain View

About This Home

As of November 2020

REDUCED TO SELL! DON'T MISS OUT ON THE OPPORTUNITY! Known for luxurious residences surrounding Paradise Valley Country Club, this home delivers an amazing effect! Privately gated custom home featuring superb interior and exterior entertaining options. Entering the primary residence foyer you are immediately captivated with the exquisite finishes and professional interior design. Master Suite is truly exceptional. It includes huge walk-in closet, gorgeous bath and private workout facility. Formal living/dining, Office, 3 guest rooms, open kitchen to family room and detached Guest Casita complete the Estate. For Outdoor enjoyment; expansive pool, Ramada, fireplace, walk up bar & BBQ area. This home is truly one of only a few homes in Paradise Valley offered at such a competitive price!

Last Agent to Sell the Property

John Van Duyn

Russ Lyon Sotheby's International Realty License #SA574827000 Listed on: 10/18/2019

Russ Lyon Sotheby's International Realty

Co-Listed By

Shane Ashcraft

Russ Lyon Sotheby's International Realty License #SA549953000

Last Buyer's Agent

Christopher Karas

Compass License #SA555869000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,000

Year Built

  • Built in 2004

Lot Details

  • 0.92 Acre Lot
  • On Golf Course
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • 6 Open Parking Spaces
  • Garage Door Opener
  • Gated Parking

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 7,333 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Pool

  • Heated Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Guest House

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 169-07-038-A

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Paradise Hills Subdivision, Custom Floorplan

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,000

Year Built

Built in 2004

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Tatum Blvd & Desert Fairways Drive
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: North on Tatum from Lincoln, Right (East) on Desert Fairways. Home is on the corner and overlooks Paradise Valley Country Club Golf Course.
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.92
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: Paradise Hills
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: 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
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 7333.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, On Golf Course, Grass Front, Grass Back
  • Pool Features: Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House, Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Built-Up, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Gated, Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 6.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Golf
  • 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: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40060.0
  • Parcel #: 169-07-038-A

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 17000.0
  • Tax Book Number: 169.00
  • Tax Lot: 99
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Gray Karen Castles
Bought by
Kcg Living Trust and Gray

Purchase Details

Listed on
Oct 18, 2019
Closed on
Nov 11, 2020
Sold by
Ohai Barry B and Ohai Judith
Bought by
Gray Karen Castles
Seller's Agent
John Van Duyn
Russ Lyon Sotheby's International Realty
Buyer's Agent
Christopher Karas
Compass
List Price
$3,300,000
Sold Price
$3,000,000
Premium/Discount to List
-$300,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.87%
Original Mortgage
$2,400,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2011
Sold by
Ohai Barry B
Bought by
Ohai Barry B and Ohai Judith

Purchase Details

Closed on
May 25, 2011
Sold by
Alpert Theodore J
Bought by
Ohai Barry B and Ohai Judith

Purchase Details

Closed on
Jul 23, 2007
Sold by
Defreitas Paula M
Bought by
Alpert Theodore J

Purchase Details

Closed on
Jun 22, 2006
Sold by
Esqueda Gerardo
Bought by
Defreitas Paula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Interest Rate
8.45%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 26, 2006
Sold by
Back Up Technology Ltd
Bought by
Defreits Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Interest Rate
8.45%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 11, 2005
Sold by
Farr Rikki
Bought by
Back Up Technology Ltd

Purchase Details

Closed on
Jun 24, 2002
Sold by
The Bay Lake Ltd Partnership
Bought by
Farr Rikki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,000
Interest Rate
6.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 4, 2000
Sold by
Schweitzer Geoffrey S
Bought by
Mcdermott Marno M and Mcdermott Louise T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,200
Interest Rate
7.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1999
Sold by
Ford Russell W
Bought by
Schweitzer Geoffrey S and Schweitzer Jacquelyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 1997
Sold by
Eaton Daniel L
Bought by
Ford Russell W and Ford Sharon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed $3,000,000 Wfg National Title Ins Co
Interfamily Deed Transfer -- Accommodation
Cash Sale Deed $3,200,000 Magnus Title Agency
Cash Sale Deed $3,750,000 Arizona Title Agency Inc
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Quit Claim Deed -- None Available
Warranty Deed -- --
Warranty Deed $1,560,000 Fidelity National Title
Warranty Deed $724,000 Transnation Title Insurance
Warranty Deed $625,000 Arizona Title Agency Inc
Warranty Deed $510,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,400,000 Commercial
Previous Owner $3,100,000 Negative Amortization
Previous Owner $1,420,000 Seller Take Back
Previous Owner $579,200 New Conventional
Previous Owner $425,000 New Conventional
Previous Owner $408,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2025 10/01/25 For Sale $5,750,000 +91.7% $890 / Sq Ft
11/12/2020 11/12/20 Sold $3,000,000 0.0% $409 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/27/2020 09/27/20 Price Changed $3,000,000 -3.2% $409 / Sq Ft
04/28/2020 04/28/20 Price Changed $3,100,000 +3.3% $423 / Sq Ft
04/23/2020 04/23/20 Price Changed $2,999,999 -3.2% $409 / Sq Ft
02/08/2020 02/08/20 Price Changed $3,100,000 -3.1% $423 / Sq Ft
01/20/2020 01/20/20 Price Changed $3,200,000 -3.0% $436 / Sq Ft
10/18/2019 10/18/19 For Sale $3,300,000 -- $450 / 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 $17,013 $289,398 -- --
2024 $16,778 $208,284 -- --
2023 $16,778 $348,010 $69,600 $278,410
2022 $15,495 $311,470 $62,290 $249,180
2021 $16,510 $278,750 $55,750 $223,000
2020 $17,000 $257,310 $51,460 $205,850
2019 $16,413 $239,360 $47,870 $191,490
2018 $15,804 $240,810 $48,160 $192,650
2017 $15,182 $272,580 $54,510 $218,070
2016 $14,265 $260,670 $52,130 $208,540
2015 $13,504 $260,670 $52,130 $208,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5993859

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-07-038A