NOT LISTED FOR SALE

5050 E Paradise Ln Scottsdale, AZ 85254

Paradise Valley Village Neighborhood

Estimated Value: $938,000 - $1,067,000

4 Beds
2 Baths
2,564 Sq Ft
$387/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $825,000 $322 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,564/month

Highlights

  • Private Pool
  • 0.25 Acre Lot
  • Wood Flooring
  • Whispering Wind Academy Rated A-
  • Vaulted Ceiling
  • Santa Barbara Architecture

About This Home

As of November 2022

Beautiful single level home in a highly desirable 85254 neighborhood!
This lovely home features a light and bright open floor plan with lots of windows, vaulted ceilings, spacious island kitchen with newer KitchenAid appliances, wood-like plank flooring, family room open to eat-in kitchen plus living/dining room. Spacious master bedroom with gigantic walk-in closet and gorgeous remodeled spa bath, dual vanities, stand alone soaking tub and tiled shower, beautifully remodeled guest bath, built in office and much more!
Huge N/S exposure lot with No HOA, pool, spacious covered flagstone patio, 3 car garage with epoxy floor and built in cabinets!
Amazing location, walk to great PV schools, parks and great shopping and restaurants!

Last Agent to Rent the Property

Hend Faraj

Home Hunters Realty License #BR514100000 Listed on: 10/31/2022

Last Renter's Agent

Caren Cowie-Redivo

HomeSmart License #SA045062000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,187

Year Built

  • Built in 1988

Lot Details

  • 0.25 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 3 Car Direct Access Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,564 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Liberty Elementary School - Scottsdale
  • Sunrise Middle School
  • Horizon High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Richmond American Homes
  • Tatum Canyon 3 Lot 92 168 Tr A Subdivision

Listing and Financial Details

  • Property Available on 11/1/22
  • $50 Move-In Fee
  • 6-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 167
  • Assessor Parcel Number 215-32-463

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,187

Year Built

Built in 1988

Lot Details

0

Parking

3

Rental Info

  • Available Date: 2022-11-01

Listing Details

  • Cross Street: Tatum and Greenway
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1988
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.75
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 6
  • Directions: North on Tatum to Paradise Ln, east to the property.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.25
  • Subdivision Name: TATUM CANYON 3 LOT 92-168 TR A
  • Architectural Style: Ranch, Spanish, Santa Barbara/Tuscan
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile, Wood
  • Furnished: Furnished
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2564.0
  • Stories: 1
  • Window Features: Skylight(s), Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Gravel/Stone Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Over Height Garage, Electric Door Opener, Dir Entry frm Garage, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Liberty Elementary School - Scottsdale
  • High School: Horizon High School
  • Middle Or Junior School: Sunrise Middle School

Lot Info

  • Lot Size Sq Ft: 10834.0
  • Parcel #: 215-32-463
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Richmond American Homes

Tax Info

  • Tax Book Number: 215.00
  • Tax Lot: 167
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Sep 30, 2021
Sold by
Arkawki Hian and Arkawi Steve
Bought by
Arkawi Steve
Seller's Agent
Curt Johnson
Compass
Buyer's Agent
Hend Faraj
Home Hunters Realty
List Price
$849,900
Sold Price
$825,000
Premium/Discount to List
-$24,900
-2.93%
Current Estimated Value
$986,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,628
Avg. Annual Appreciation
4.64%

Purchase Details

Listed on
Sep 14, 2021
Closed on
Sep 21, 2021
Sold by
5050 Paradise Llc
Bought by
Tenir Llc
Seller's Agent
Curt Johnson
Compass
Buyer's Agent
Hend Faraj
Home Hunters Realty
List Price
$849,900
Sold Price
$825,000
Premium/Discount to List
-$24,900
-2.93%

Purchase Details

Closed on
Jul 5, 2012
Sold by
Miller Greg and Miller Celeste
Bought by
5050 Paradise Llc

Purchase Details

Closed on
Aug 13, 2009
Sold by
Arnold Sharon H
Bought by
Arnold Sharon H and Arnold Family Trust

Purchase Details

Closed on
May 26, 1998
Sold by
Arnold Richard and Arnold Sharon H
Bought by
Arnold Richard and Arnold Sharon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.13%

Purchase Details

Closed on
Aug 22, 1997
Sold by
Arnold Richard and Arnold Sharon H
Bought by
Arnold Richard and Arnold Sharon H

Purchase Details

Closed on
Jan 13, 1997
Sold by
Shewman Gregor A and Shewman Deborah K
Bought by
Arnold Richard and Arnold Sharon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Arkawi Steve -- First American Title Ins Co
Arkawi Steve $825,000 First American Title Ins Co
Tenir Llc $850,000 First American Title Ins Co
5050 Paradise Llc -- None Available
Arnold Sharon H -- None Available
Arnold Richard -- --
Arnold Richard -- Security Title Agency
Arnold Richard -- --
Arnold Richard $202,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnold Richard $100,000
Previous Owner Arnold Richard $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2022 11/28/22 Rented $5,300 -8.6% --
10/31/2022 10/31/22 For Rent $5,800 0.0% --
09/29/2021 09/29/21 Sold $825,000 -2.9% $322 / Sq Ft View Prior Sale
09/22/2021 09/22/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $849,900 0.0% $331 / Sq Ft
06/07/2020 06/07/20 Rented $2,950 0.0% --
06/03/2020 06/03/20 Under Contract -- -- --
05/21/2020 05/21/20 Price Changed $2,950 -1.7% $1 / Sq Ft
05/10/2020 05/10/20 Price Changed $3,000 -3.2% $1 / Sq Ft
04/30/2020 04/30/20 For Rent $3,100 +19.2% --
11/08/2018 11/08/18 Rented $2,600 -3.7% --
09/04/2018 09/04/18 Under Contract -- -- --
06/08/2018 06/08/18 For Rent $2,700 +5.9% --
07/01/2016 07/01/16 Rented $2,550 -3.7% --
06/29/2016 06/29/16 Under Contract -- -- --
06/16/2016 06/16/16 For Rent $2,649 0.0% --
06/06/2016 06/06/16 Under Contract -- -- --
06/03/2016 06/03/16 Price Changed $2,649 0.0% $1 / Sq Ft
05/03/2016 05/03/16 For Rent $2,650 +2.1% --
06/01/2015 06/01/15 Rented $2,595 0.0% --
04/29/2015 04/29/15 Under Contract -- -- --
04/09/2015 04/09/15 For Rent $2,595 0.0% --
02/29/2012 02/29/12 Sold $315,000 -7.4% $123 / Sq Ft View Prior Sale
01/16/2012 01/16/12 Price Changed $340,000 -2.9% $133 / Sq Ft
11/08/2011 11/08/11 For Sale $350,000 -- $137 / 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 $4,187 $40,973 -- --
2024 $4,116 $39,022 -- --
2023 $4,116 $67,270 $13,450 $53,820
2022 $4,068 $52,050 $10,410 $41,640
2021 $4,682 $46,820 $9,360 $37,460
2020 $4,537 $44,130 $8,820 $35,310
2019 $4,543 $42,430 $8,480 $33,950
2018 $4,394 $39,850 $7,970 $31,880
2017 $4,212 $38,650 $7,730 $30,920
2016 $4,142 $37,420 $7,480 $29,940
2015 $3,836 $36,530 $7,300 $29,230
Source: Public Records

Agents Affiliated with this Home

  • Hend Faraj

    Landlord's Agent in 2022

    Hend Faraj

    Home Hunters Realty

    (602) 326-3333

    6 in this area

    36 Total Sales

    Hend Faraj
    Section Image
  • Caren Cowie-Redivo

    Tenant's Agent in 2022

    Caren Cowie-Redivo

    HomeSmart

    (602) 228-9030

    1 in this area

    6 Total Sales

    Caren Cowie-Redivo
    Section Image
  • Curt Johnson

    Seller's Agent in 2021

    Curt Johnson

    Compass

    (602) 549-3836

    22 in this area

    107 Total Sales

    Curt Johnson
    Section Image

  • P

    Seller Co-Listing Agent in 2021

    Peggy Johnson

    Compass

    (480) 948-9450

    17 in this area

    66 Total Sales

    Peggy Johnson
    Section Image

  • A

    Buyer's Agent in 2020

    Ana Magallan

    My Home Group

    (602) 553-4400

    42 Total Sales

    Ana Magallan
    Section Image
  • Michael Sheahan

    Buyer Co-Listing Agent in 2020

    Michael Sheahan

    My Home Group

    (602) 740-4818

    14 in this area

    148 Total Sales

    Michael Sheahan
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6483752

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-32-463

Arizona Maricopa County Scottsdale 85254 Paradise Valley Village

5050 E Paradise Ln, Scottsdale, AZ

This home is located at 5050 E Paradise Ln, Scottsdale, AZ 85254 since 31 October 2022 and is currently priced at $992,327. This property was built in 1988. 5050 E Paradise Ln is a home located in Maricopa County with nearby schools including Whispering Wind Academy, Sunrise Middle School, and Horizon 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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