5024 E Desert Park Ln Paradise Valley, AZ 85253
Paradise Valley Neighborhood
5
Beds
7
Baths
7,682
Sq Ft
0.92
Acres
Highlights
- Guest House
- Heated Spa
- 0.92 Acre Lot
- Kiva Elementary School Rated A
- RV Gated
- Mountain View
About This Home
As of April 2018This elegant custom designed estate is a flawless combination of old world design and modern sophistication. A new masterpiece designed by Jim Blochberger. Exquisite details inside and out. This new build has fabulous picturesque mountain views surrounding the property in the heart of Paradise Valley. Luxurious finishes and appliances throughout the home. Mountain views to the south, east and west. Stunning lot and gorgeous home for a family who enjoys entertaining inside and out. Exquisite touches include reclaimed brick and countless hand crafted detail. Formal dining room includes a wine cellar & french doors that open to a beautiful Chicago Brick patio. State of the art gourmet kitchen of your dreams with a butlers pantry and inside/outside bar connecting the stunning backyard space.
Last Agent to Sell the Property
Heather Novak
HomeSmart License #SA548642000 Listed on: 04/06/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,016
Year Built
- Built in 2017
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
- 7,682 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 Custom
- 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
$2,486,115
Avg. Annual Appreciation
5.98%
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
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
Interest Rate
3.81%
Mortgage Type
Construction
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
Similar Homes in Paradise Valley, AZ
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,558,000 | Premier Title Agency | |
| Interfamily Deed Transfer | -- | Premier Title Agency | |
| Warranty Deed | $3,900,000 | Premium Title Agency Inc | |
| Cash Sale Deed | $869,900 | Commonwealth Land Title Ins | |
| Cash Sale Deed | $755,000 | Great Amer Title Agency Inc | |
| Warranty Deed | $760,000 | Great Amer Title Agency Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,000,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $2,000,000 | Construction | |
| Previous Owner | $684,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
-
Seller's Agent in 2018
Beth Thompson
Compass
(602) 740-3161
27 in this area
105 Total Sales
-
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: 5585894
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
Nearby Homes
- 4836 E Moonlight Way Unit 4
- 4836 E Moonlight Way
- 7816 N 47th St
- 7501 N Eucalyptus Dr
- 4900 E Desert Fairways Dr
- 5339 E Desert Vista Rd
- 7838 N 54th Place
- 4636 E Moonlight Way
- 5030 E Mockingbird Ln
- 8229 N Ridgeview Dr
- 8031 N 54th St Unit 24
- 8031 N 54th St
- 4824 E Hummingbird Ln
- 8230 N Mockingbird Ln
- 4524 E Moonlight Way Unit 4
- 7241 N 47th St Unit 11
- 8312 N 50th St
- 4550 E Foothill Dr
- 4517 E Desert Park Place Unit 41
- 4540 E Moonlight Way