NOT LISTED FOR SALE

5055 E Cottontail Run Rd Paradise Valley, AZ 85253

Estimated Value: $3,718,000 - $5,698,000

3 Beds
3.5 Baths
4,878 Sq Ft
$945/Sq Ft Est. Value

Last Sold March 21, 2019

Last sale price $3,650,000 $748 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $25,165/month

102 Days on Market

Highlights

  • Guest House
  • On Golf Course
  • Mountain View
  • Kiva Elementary School Rated A
  • Gated Parking
  • Fireplace in Primary Bedroom

About This Home

As of March 2019

Unduplicatable estate on a stunning PVCC signature fairway lot. Masterfully remodeled in 2018, this light-filled Bill Tull-designed home feels timeless, but lives like brand-new with modern top-of-the-line fixtures and finishes throughout. A new kitchen with retractable wall of glass, opens to the patio, and breathtaking mtn and golf course views. The romantic master suite is highlighted by a new modern bath, huge walk-in shower and custom closet, while a secondary master suite and casita offer Southwest comfort for guests. From inside or out, let your senses feast on golf course, lake, Camelback and Mummy Mtn views from the privacy of the 1.4 ac lot. Lock-and-leave, with direct access to PV Country Club and moments to dining, downtown or airport. Price includes all furniture and decor.

Last Agent to Sell the Property

Heidi Baldwin

Address Realty License #BR535497000 Listed on: 11/09/2018

Last Buyer's Agent

Heidi Baldwin

Compass License #BR535497000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,717

Year Built

  • Built in 1985

Lot Details

  • 1.41 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 3.5 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Gated Parking
  • Golf Cart Garage

Home Design

  • Designed by Bill Tull Architects
  • Contemporary Architecture
  • Santa Fe Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 4,878 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Mechanical Sun Shade
  • Wood Frame Window
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue
  • Playground

Additional Homes

  • Guest House

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Zoned Heating and Cooling System
  • Tankless Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 169-08-036

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Bill Tull designed
  • Pvcc Golf Course Home Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,717

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Lincoln Drive/ Tatum Blvd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Bill Tull
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2018
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2018
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2018
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2018
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2018
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2018
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.5
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1985
  • Tax Year: 2018
  • Directions: From Lincoln and Tatum, go north to Cottontail Run Rd, which is the street just north of the Paradise Valley Country Club entrance; go east on Cottontail Run to gated property at the end of cul de sac
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.41
  • Subdivision Name: PVCC Golf Course Home
  • Architectural Style: Contemporary, Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit, 3+ Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Furnished(See Rmrks), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4878.0
  • Stories: 1
  • Window Features: Skylight(s), Solar Screens, Dual Pane, Mechanical Sun Shds, Tinted Windows, Wood Frames
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Misting System, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, On Golf Course, Cul-De-Sac, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House, Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 3.5
  • Parking Features: Gated, Garage Door Opener, Direct Access, Golf Cart Garage
  • Attached Garage: No
  • Garage Spaces: 3.5
  • Open Parking Spaces: 3.0
  • Parking Features:Golf Cart Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf
  • 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 61571.0
  • Parcel #: 169-08-036

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Bill Tull designed

Tax Info

  • Tax Annual Amount: 8717.0
  • Tax Book Number: 169.00
  • Tax Lot: --
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Feb 22, 2019
Sold by
Larrac Inv Llc
Bought by
Kelly Jerome and Kelly Carol
Seller's Agent
Heidi Baldwin
Address Realty
Buyer's Agent
Heidi Baldwin
Address Realty
List Price
$3,750,000
Sold Price
$3,650,000
Premium/Discount to List
-$100,000
-2.67%
Current Estimated Value
$4,609,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$959,059
Avg. Annual Appreciation
3.60%
Original Mortgage
$2,800,000
Outstanding Balance
$2,442,347
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,166,712

Purchase Details

Listed on
Apr 27, 2017
Closed on
Sep 22, 2017
Sold by
Glenn Robert W
Bought by
Larrac Inv Llc
Seller's Agent
Justin Shea
Engel & Voelkers Scottsdale
Buyer's Agent
Heidi Baldwin
Address Realty
List Price
$3,199,000
Sold Price
$2,631,750
Premium/Discount to List
-$567,250
-17.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.73%

Purchase Details

Closed on
Aug 19, 2010
Sold by
Cornwell Richard E
Bought by
Cornwell Richard E and The Cornwell Famly Trust

Purchase Details

Closed on
Aug 27, 1997
Sold by
Cornwell Kathleen D
Bought by
Cornwell Richard E

Purchase Details

Closed on
Jan 28, 1997
Sold by
Dozier James Cummins
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
$880,000
Interest Rate
7.66%
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
Kelly Jerome $3,650,000 Greystone Title Agency Llc
Larrac Inv Llc $2,631,750 Greystone Title Agency Llc
Cornwell Richard E -- None Available
Cornwell Richard E -- First American Title
Cornwell Richard E $1,100,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Jerome $2,800,000
Previous Owner Cornwell Richard E $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2019 03/21/19 Sold $3,650,000 -2.7% $748 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
11/08/2018 11/08/18 For Sale $3,750,000 +42.5% $769 / Sq Ft
09/27/2017 09/27/17 Sold $2,631,750 -12.2% $540 / Sq Ft View Prior Sale
09/07/2017 09/07/17 Price Changed $2,999,000 -3.2% $616 / Sq Ft
07/14/2017 07/14/17 Price Changed $3,099,000 -3.1% $636 / Sq Ft
04/27/2017 04/27/17 For Sale $3,199,000 -- $657 / 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 $9,615 $173,754 -- --
2024 $9,474 $165,480 -- --
2023 $9,474 $285,360 $57,070 $228,290
2022 $9,063 $261,520 $52,300 $209,220
2021 $10,273 $230,960 $46,190 $184,770
2020 $10,207 $221,900 $44,380 $177,520
2019 $9,854 $213,320 $42,660 $170,660
2018 $8,888 $258,600 $51,720 $206,880
2017 $8,515 $133,050 $26,600 $106,450
2016 $8,325 $133,050 $26,600 $106,450
2015 $7,868 $106,670 $21,334 $85,336
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2019

    Heidi Baldwin

    Address Realty

    (602) 390-3138

    3 in this area

    7 Total Sales

    Heidi Baldwin
    Section Image
  • 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
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5844619

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-08-036

Arizona Maricopa County Paradise Valley 85253

5055 E Cottontail Run Rd, Paradise Valley, AZ

This home is located at 5055 E Cottontail Run Rd, Paradise Valley, AZ 85253 since 09 November 2018 and is currently estimated at $4,609,059, approximately $944 per square foot. This property was built in 1985. 5055 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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