Seller's Agent in 2018
Beth Thompson
Compass
(602) 740-3161
22 in this area
105 Total Sales
5024 E Desert Park Ln Paradise Valley, AZ 85253
Estimated Value: $6,508,000 - $7,894,000
5
Beds
7
Baths
7,210
Sq Ft
$999/Sq Ft
Est. Value
Highlights
- Guest House
- Heated Spa
- Mountain View
- Kiva Elementary School Rated A
- RV Gated
- Fireplace in Primary Bedroom
About This Home
As of April 2018This home is located at 5024 E Desert Park Ln, Paradise Valley, AZ 85253 since 24 March 2018 and is currently estimated at $7,201,000, approximately $998 per square foot. This property was built in 2016. 5024 E Desert Park Ln is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro High School.
Last Buyer's Agent
Sandra Baldwin
Compass License #SA020884000
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,589
Year Built
- Built in 2016
Lot Details
- 0.92 Acre Lot
- Private Streets
- Wrought Iron Fence
- Wood Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Grass Covered Lot
Parking
- 4 Car Garage
- 4 Open Parking Spaces
- 4 Carport Spaces
- Garage Door Opener
- Circular Driveway
- RV Gated
Home Design
- Designed by Jim Blochberger Architects
- Santa Barbara Architecture
- Brick Exterior Construction
- Wood Frame Construction
- Spray Foam Insulation
- Tile Roof
- Stucco
Interior Spaces
- 7,210 Sq Ft Home
- 1-Story Property
- Wet Bar
- Central Vacuum
- Vaulted Ceiling
- Skylights
- Gas Fireplace
- Double Pane Windows
- Family Room with Fireplace
- 2 Fireplaces
- Mountain Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- Built-In Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- 7 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Home Security
- Security System Owned
- Fire Sprinkler System
Accessible Home Design
- Accessible Hallway
- No Interior Steps
Pool
- Heated Spa
- Private Pool
Outdoor Features
- Covered Patio or Porch
- Built-In Barbecue
- Playground
Additional Homes
- Guest House
Schools
- Kiva Elementary School
- Mohave Middle School
- Saguaro High School
Utilities
- Refrigerated Cooling System
- Heating Available
- Water Softener
- Septic Tank
- High Speed Internet
Community Details
- No Home Owners Association
- Built by Bent Nails
- Franciscan Terrace Subdivision
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 169-07-045
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2018
Closed on
Mar 27, 2018
Sold by
Chapman Nicholas J
Bought by
Murai Kevin Masazo and Murai Brenda Lzumi
Seller's Agent
Beth Thompson
Compass
Buyer's Agent
Sandra Baldwin
Compass
List Price
$4,600,000
Sold Price
$4,558,000
Premium/Discount to List
-$42,000
-0.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,643,000
Avg. Annual Appreciation
6.27%
Purchase Details
Listed on
Apr 6, 2017
Closed on
Jun 30, 2017
Sold by
Chapman Mary Elizabeth
Bought by
Chapman Nicholas John and Chapman Mary Elizabeth
Seller's Agent
Heather Novak
HomeSmart
Buyer's Agent
Beth Thompson
Compass
List Price
$4,050,000
Sold Price
$3,900,000
Premium/Discount to List
-$150,000
-3.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.13%
Original Mortgage
$2,000,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 7, 2015
Sold by
Mm Investments 2 Llc
Bought by
Desert Hill Llc
Purchase Details
Closed on
Sep 12, 2014
Sold by
Shortridge Beverly J
Bought by
Fbr Investment Fund Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 11, 2014
Sold by
Fbr Investment Fund Llc
Bought by
Mm Investments 2 Llc and Rmb Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 29, 2014
Sold by
Shortridge Beverly J and Ernest R Shortridge Revocable
Bought by
Shortridge Beverly J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 12, 2014
Sold by
Shortridge Beverly J and Beverly J Shortridge Revocable
Bought by
Shortridge Beverly J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 1, 2001
Sold by
Shortridge Ernest R
Bought by
Shortridge Beverly J and Beverly J Shortridge Revocable Trust
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murai Kevin Masazo | $4,558,000 | Premier Title Agency | |
| Chapman Nicholas John | -- | Premier Title Agency | |
| Chapman Nicholas John | $3,900,000 | Premium Title Agency Inc | |
| Desert Hill Llc | $869,900 | Commonwealth Land Title Ins | |
| Fbr Investment Fund Llc | $755,000 | Great Amer Title Agency Inc | |
| Mm Investments 2 Llc | $760,000 | Great Amer Title Agency Inc | |
| Shortridge Beverly J | -- | None Available | |
| Shortridge Beverly J | -- | None Available | |
| Shortridge Beverly J | -- | -- | |
| Shortridge Ernest R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chapman Nicholas John | $2,000,000 | |
| Previous Owner | Mm Investments 2 Llc | $684,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/09/2018 04/09/18 | Sold | $4,558,000 | -0.9% | $632 / Sq Ft | |
| 03/24/2018 03/24/18 | Pending | -- | -- | -- | |
| 03/24/2018 03/24/18 | For Sale | $4,600,000 | +17.9% | $638 / Sq Ft | |
| 06/30/2017 06/30/17 | Sold | $3,900,000 | -2.5% | $508 / Sq Ft | View Prior Sale |
| 05/18/2017 05/18/17 | Pending | -- | -- | -- | |
| 04/20/2017 04/20/17 | Price Changed | $4,000,000 | -1.2% | $521 / Sq Ft | |
| 04/05/2017 04/05/17 | For Sale | $4,050,000 | -- | $527 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $16,589 | $282,188 | -- | -- |
| 2024 | $16,360 | $268,750 | -- | -- |
| 2023 | $16,360 | $421,730 | $84,340 | $337,390 |
| 2022 | $15,694 | $331,460 | $66,290 | $265,170 |
| 2021 | $16,683 | $320,270 | $64,050 | $256,220 |
| 2020 | $16,577 | $307,280 | $61,450 | $245,830 |
| 2019 | $16,004 | $286,460 | $57,290 | $229,170 |
| 2018 | $15,410 | $274,720 | $54,940 | $219,780 |
| 2017 | $7,276 | $125,170 | $25,030 | $100,140 |
| 2016 | $6,161 | $79,260 | $15,850 | $63,410 |
| 2015 | $5,846 | $79,260 | $15,850 | $63,410 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Thompson
-
S
Buyer's Agent in 2018
Sandra Baldwin
Compass
-
H
Seller's Agent in 2017
Heather Novak
HomeSmart
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5741660
APN: 169-07-045
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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