NOT LISTED FOR SALE

5037 E Sky Desert Ln Paradise Valley, AZ 85253

Estimated Value: $5,683,000 - $6,215,000

6 Beds
6.5 Baths
7,000 Sq Ft
$850/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $2,700,000 $386 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $32,620/month

126 Days on Market

Highlights

  • Guest House
  • Barn
  • Lap Pool
  • Cherokee Elementary School Rated A
  • Arena
  • 3 Acre Lot

About This Home

As of June 2016

The unmistakeable influence of Frank Lloyd Wright is evident when you enter this Mid Century Masterpiece. The timeless and very sought after architecture marries perfectly with the finest materials and finishes. The exceptional horse facilities complete the tranquility of the Estate. Nestled in the heart of Paradise Valley, this home boasts RARE THREE acres of land complete with thoughtfully planned equestrian facilities and a truly unique energy-efficient home. The midcentury modern design of this estate is the work of a lead architect of the renowned Taliesin group, whose carefully-crafted work marries the clean, beautiful lines of Usonian- style with eye toward the integration and accentuation of views of the picturesque surrounding mountains from both inside and outside the home.

Last Agent to Sell the Property

Tim Hundelt

Russ Lyon Sotheby's International Realty License #SA553679000 Listed on: 10/15/2015

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Gemma Tedesco

Realty Executives Arizona Territory License #SA627528000

Realty Executives Arizona Territory

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,057

Year Built

  • Built in 1959

Lot Details

  • 3 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Grass Covered Lot

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 7,000 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Double Pane Windows
  • Stone Flooring
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • 4 Open Parking Spaces
  • 6 Carport Spaces

Outdoor Features

  • Lap Pool
  • Patio
  • Built-In Barbecue

Schools

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

Horse Facilities and Amenities

  • Horse Stalls
  • Corral
  • Arena

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Well
  • Septic Tank

Additional Features

  • Guest House
  • Barn

Community Details

  • No Home Owners Association
  • Built by Taliesin Studios
  • Custom Subdivision

Listing and Financial Details

  • Assessor Parcel Number 168-74-003-G

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,057

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1959
  • Tax Year: 2014
  • Directions: East on Mockingbird to 51st Pl., right (South) to Sky Desert.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 3.0
  • Subdivision Name: CUSTOM
  • Property Attached Yn: No
  • Tax Parcel Letter: G
  • ResoBuildingAreaSource: Owner
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone
  • Spa Features: None
  • Possible Bedrooms: 9
  • Total Bedrooms: 6
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 7000.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Owner
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Private Street(s), Built-in Barbecue
  • Lot Features: Cul-De-Sac, Grass Front, Grass Back
  • Pool Features: Lap, Private
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Painted, Block
  • Other Structures: Guest House
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Carport Spaces: 6.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water, Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Not Managed
  • 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

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Horse Amenities: Arena, Barn, Corral(s), Stall
  • Land Lease: No
  • Lot Size Sq Ft: 130580.0
  • Parcel #: 168-74-003-G
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Taliesin Studios

Tax Info

  • Tax Annual Amount: 9057.4
  • Tax Book Number: 168.00
  • Tax Lot: 0
  • Tax Map Number: 74.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2016
Sold by
Lyon Scott Bennett and Lyon Paula Marie
Bought by
Tedesco David
Current Estimated Value
$5,949,000

Purchase Details

Closed on
Jun 21, 2000
Sold by
Lyon Scott B and Lyon Paula
Bought by
Lyon Scott Bennett and Lyon Paula Marie

Purchase Details

Closed on
Feb 4, 1994
Sold by
Fleming George W and Fleming Merle W
Bought by
Lyon Scott B and Lyon Paula
Source: Public Records

Range of Values:

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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
Tedesco David $2,700,000 First American Title Ins Co
Lyon Scott Bennett -- --
Lyon Scott B $435,000 United Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2016 06/08/16 Sold $2,700,000 -18.2% $386 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
10/14/2015 10/14/15 For Sale $3,300,000 -- $471 / 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 $11,472 $205,343 -- --
2024 $11,305 $195,565 -- --
2023 $11,305 $284,430 $56,880 $227,550
2022 $10,820 $220,010 $44,000 $176,010
2021 $11,540 $198,800 $39,760 $159,040
2020 $11,463 $198,960 $39,790 $159,170
2019 $11,046 $192,310 $38,460 $153,850
2018 $10,613 $187,800 $37,560 $150,240
2017 $10,172 $203,670 $40,730 $162,940
2016 $9,947 $148,250 $29,650 $118,600
2015 $9,407 $148,250 $29,650 $118,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5348767

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-74-003G