NOT LISTED FOR SALE

5012 E Mockingbird Ln Paradise Valley, AZ 85253

Estimated Value: $7,613,000 - $7,991,000

6 Beds
6.5 Baths
11,021 Sq Ft
$708/Sq Ft Est. Value

Last Sold April 19, 2018

Last sale price $4,500,000 $408 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $43,030/month

278 Days on Market

Highlights

  • Guest House
  • Play Pool
  • Gated Parking
  • Cherokee Elementary School Rated A
  • RV Gated
  • 1.69 Acre Lot

About This Home

As of April 2018

HUGE PRICE REDUCTION! This gated estate is updated and refreshed. Elegant and breathtaking would describe this gated estate home. The grounds give you a feeling of your own oasis with streams leading you to a rock water feature and koi pond, beautifully landscaped, wet edge pool, chipping/putting green with sand trap, a separate side entrance to the two guest homes which offers lots of parking. The home flows and truly was designed to perfection, underground and upstairs garage with elevator, a chefs kitchen with appliances for the most discrete buyers, master wing has its own exercise/flex room, steam shower with tv inside. See the property description in the documents tap which offers a more detail explanation. Truly a one of a kind home! Don't miss the virtual tour!

Last Agent to Sell the Property

Jonathan Wall

DPR Realty LLC License #SA634170000 Listed on: 06/06/2017

DPR Realty LLC

Last Buyer's Agent

John Karadsheh

KOR Properties License #BR535564000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,675

Year Built

  • Built in 2009

Lot Details

  • 1.69 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 8 Car Garage
  • 3 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Side or Rear Entrance to Parking
  • Tandem Parking
  • Garage Door Opener
  • Gated Parking
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 11,021 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Fire Sprinkler System

Pool

  • Play Pool
  • Fence Around Pool
  • Heated Spa

Outdoor Features

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

Additional Homes

  • Guest House

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Kerr Estates 1 Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 168-67-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,675

Year Built

Built in 2009

Lot Details

0

Parking

8

Listing Details

  • Cross Street: Tatum & Mockingbird
  • 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
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 8.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2009
  • Spa Private: Yes
  • Tax Year: 2016
  • Directions: East on Mockingbird from Tatum to property on north side of street.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.69
  • Subdivision Name: KERR ESTATES 1
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: 9+ Flat Ceilings, Elevator, Fire Sprinklers, Soft Water Loop, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 11021.0
  • Stories: 1
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground, Patio, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: Play Pool, Fenced, Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Other Structures: Guest House
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Rear Vehicle Entry, RV Gate, Side Vehicle Entry, Temp Controlled, Tandem, Gated
  • Attached Garage: No
  • Garage Spaces: 8.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric, Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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: 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: 73812.0
  • Parcel #: 168-67-019
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 15675.0
  • Tax Book Number: 168.00
  • Tax Lot: 3
  • Tax Map Number: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2024
Sold by
Pitts Gerald and Pitts Dawna
Bought by
Pitts Revocable Living Trust and Pitts
Current Estimated Value
$7,802,000

Purchase Details

Listed on
Jun 6, 2017
Closed on
Apr 4, 2018
Sold by
Forgey William R
Bought by
Pitts Gerald L and Pitts Dawna
Seller's Agent
Jonathan Wall
DPR Realty LLC
Buyer's Agent
John Karadsheh
KOR Properties
List Price
$5,995,000
Sold Price
$4,500,000
Premium/Discount to List
-$1,495,000
-24.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$3,000,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2013
Sold by
Cain Matthew T and Cain Chelsea L
Bought by
Forgey William R and The Abc House Trust

Purchase Details

Listed on
Mar 20, 2013
Closed on
May 7, 2013
Sold by
Kearns James J and Kearns Judy
Bought by
Cain Matthew T and Cain Chelsea L
Seller's Agent
Walter Danley
Walt Danley Realty, LLC
Buyer's Agent
Tanya Marchiol
Team Investments
List Price
$5,500,000
Sold Price
$5,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Original Mortgage
$5,300,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2006
Sold by
Jt & Tj Inc
Bought by
Kearns James J and Kearns Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2005
Sold by
Marks Matthew D
Bought by
Jt & Tj Inc

Purchase Details

Closed on
Aug 2, 2004
Sold by
Gray William V
Bought by
Marks Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$992,215
Interest Rate
6.24%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 26, 2001
Sold by
Gray Rhonda M
Bought by
Gray William V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,705,000
Interest Rate
8.74%

Purchase Details

Closed on
Feb 27, 2001
Sold by
Gray William V
Bought by
Gray Rhonda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,705,000
Interest Rate
8.74%

Purchase Details

Closed on
Sep 28, 1999
Sold by
Gray Rhonda P
Bought by
Gray William V

Purchase Details

Closed on
Sep 27, 1999
Sold by
Hartman Gerald L and Hartman Joy M
Bought by
Komarnyckyj Orest

Purchase Details

Closed on
Sep 24, 1999
Sold by
Komarnyckyj Orest
Bought by
Gray William V

Purchase Details

Closed on
Feb 6, 1998
Sold by
Hartman Gerald L and Hartman Joy M
Bought by
Turco John A and Turco Luann

Purchase Details

Closed on
Feb 1, 1993
Sold by
Robins Phyllis J
Bought by
Hartman Gerald L and Hartman Joy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
7.11%
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
Pitts Revocable Living Trust -- None Listed On Document
Pitts Revocable Living Trust -- None Listed On Document
Pitts Gerald L $4,500,000 First Arizona Title Agency L
Forgey William R -- None Available
Cain Matthew T $5,500,000 Magnus Title Agency
Kearns James J $3,150,000 Capital Title Agency Inc
Jt & Tj Inc $3,000,000 Chicago Title Insurance Co
Marks Matthew D $3,970,000 Security Title Agency
Gray William V -- Transnation Title Insurance
Gray Rhonda M -- Capital Title Agency
Gray William V -- Westminster Title Agency
Komarnyckyj Orest $950,000 Westminster Title Agency
Gray William V $1,450,000 Westminster Title Agency
Turco John A $120,000 Lawyers Title Of Arizona Inc
Hartman Gerald L -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pitts Gerald L $3,000,000
Previous Owner Cain Matthew T $5,300,000
Previous Owner Kearns James J $1,650,000
Previous Owner Marks Matthew D $992,215
Previous Owner Gray William V $1,705,000
Previous Owner Hartman Gerald L $423,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2018 04/19/18 Sold $4,500,000 -13.4% $408 / Sq Ft
03/11/2018 03/11/18 Pending -- -- --
03/05/2018 03/05/18 Price Changed $5,195,000 -8.8% $471 / Sq Ft
10/23/2017 10/23/17 Price Changed $5,695,000 -5.0% $517 / Sq Ft
10/01/2017 10/01/17 Price Changed $5,994,000 0.0% $544 / Sq Ft
06/06/2017 06/06/17 For Sale $5,995,000 +9.0% $544 / Sq Ft
05/15/2013 05/15/13 Sold $5,500,000 0.0% $496 / Sq Ft View Prior Sale
03/28/2013 03/28/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $5,500,000 -- $496 / 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 $18,027 $316,858 -- --
2024 $17,770 $301,769 -- --
2023 $17,770 $478,230 $95,640 $382,590
2022 $17,022 $398,270 $79,650 $318,620
2021 $18,133 $388,330 $77,660 $310,670
2020 $18,013 $360,470 $72,090 $288,380
2019 $17,370 $328,110 $65,620 $262,490
2018 $16,703 $308,420 $61,680 $246,740
2017 $16,023 $280,920 $56,180 $224,740
2016 $15,675 $245,850 $49,170 $196,680
2015 $14,842 $245,870 $49,170 $196,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5616162

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-67-019