NOT LISTED FOR SALE

5045 E Cottontail Run Rd Paradise Valley, AZ 85253

Estimated Value: $5,333,000 - $8,740,000

1.07 Acres
$6,592,423 Price per Acre
46,609 Sq Ft Lot

Last Sold June 20, 2017

Last sale price $2,000,000

Est. 253% increase in value since last sale

Current estimated payment $38,930/month

29 Days on Market

Highlights

  • Golf Course Community
  • City Lights View
  • No HOA
  • Kiva Elementary School Rated A
  • Waterfront
  • Cul-De-Sac

About This Lot

As of June 2017

One of the only waterfront properties in all of Paradise Valley with 1.07 acres at the end of a cul-de-sac among the most prestigious addresses in the state. The property is on the same road as Paradise Valley Country Club, with only 5 other residences, and looks out onto the 8th & 2nd Fairways, where Camelback Mountain and Mummy Mountain reflect in the only water feature on the entire 18-hole course. Build-to-suit opportunity on a stunning property with unmatched privacy and views.

Last Agent to Sell the Property

Justin Shea

Engel & Voelkers Scottsdale License #SA627714000 Listed on: 04/19/2017

Engel & Voelkers Scottsdale

Last Buyer's Agent

Steve Turner

Berkshire Hathaway HomeServices Arizona Properties License #SA570380000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,385

Lot Details

  • 1.07 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Property is zoned R-43

Property Views

  • City Lights
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 169-08-039

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$8,385

Lot Details

0

Listing Details

  • Cross Street: Tatum Blvd and Cottontail Run Rd
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-43
  • Tax Year: 2016
  • Directions: From Tatum Blvd, turn east on Cottontail Run Rd. Follow the road to the cul-de-sac. Lot is on the right side of the road.
  • Lot Size Acres: 1.07
  • Road Surface Type: Asphalt, Private Street
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Cul-De-Sac, Waterfront, Golf Course Lot, City Light View(s), Mountain View(s)
  • Disclosures: None
  • Other Structures: None
  • Land Features:Waterfront: Yes

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 104.33 x 331.4 x 251.3 x 164.4+
  • Lot Size Sq Ft: 46492.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 169-08-039
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8385.0
  • Tax Book Number: 169.00
  • Tax Lot: -
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2018
Sold by
Bergeron Jeff and Bergeron Stephanie
Bought by
Bergeron Jeffrey D and Bergeron Stephanie W
Current Estimated Value
$7,053,893

Purchase Details

Listed on
Apr 19, 2017
Closed on
Jun 8, 2017
Sold by
Cornwell Brian R and Cornwell Eric R
Bought by
Bergeron Jeff and Bergeron Stephanic
Seller's Agent
Justin Shea
Engel & Voelkers Scottsdale
Buyer's Agent
Steve Turner
Berkshire Hathaway HomeServices Arizona Properties
List Price
$2,000,000
Sold Price
$2,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.31%

Purchase Details

Closed on
May 6, 1999
Sold by
Evans Stephen O and Evans Arduth L
Bought by
Cornwell Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 1997
Sold by
Evans Stephen O and Evans Arduth L
Bought by
Evans Stephen O and Evans Arduth L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bergeron Jeffrey D -- None Available
Bergeron Jeff $2,000,000 First Arizona Title Agency L
Cornwell Richard E $742,050 First American Title
Evans Stephen O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornwell Richard E $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2017 06/20/17 Sold $2,000,000 0.0% --
04/18/2017 04/18/17 For Sale $2,000,000 -- --
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 $19,709 $335,263 -- --
2024 $19,437 $319,298 -- --
2023 $19,437 $543,150 $108,630 $434,520
2022 $18,646 $446,850 $89,370 $357,480
2021 $19,821 $405,620 $81,120 $324,500
2020 $9,860 $187,870 $37,570 $150,300
2019 $9,259 $147,540 $147,540 $0
2018 $8,915 $132,885 $132,885 $0
2017 $8,565 $132,570 $132,570 $0
2016 $8,385 $120,960 $120,960 $0
2015 $8,487 $116,480 $116,480 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Shea

    Seller's Agent in 2017

    Justin Shea

    Engel & Voelkers Scottsdale

    (480) 740-0770

    5 in this area

    19 Total Sales

    Justin Shea
    Section Image

  • S

    Buyer's Agent in 2017

    Steve Turner

    Berkshire Hathaway HomeServices Arizona Properties

  • Shaye Chandler

    Buyer Co-Listing Agent in 2017

    Shaye Chandler

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 575-6575

    4 Total Sales

    Shaye Chandler
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5592500

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-08-039

Arizona Maricopa County Paradise Valley 85253

5045 E Cottontail Run Rd, Paradise Valley, AZ

This home is located at 5045 E Cottontail Run Rd, Paradise Valley, AZ 85253 since 19 April 2017 and is currently estimated at $7,053,893. 5045 E Cottontail Run Rd is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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