Landlord's Agent in 2025
Frank DiMaggio
Compass
(480) 776-1555
66 in this area
130 Total Sales
5057 E Sky Desert Ln Paradise Valley, AZ 85253
Paradise Valley Neighborhood
4
Beds
3
Baths
5,645
Sq Ft
$1,040
Price per Sq Ft
Highlights
- Private Pool
- 2.82 Acre Lot
- Fireplace in Primary Bedroom
- Cherokee Elementary School Rated A
- Mountain View
- Vaulted Ceiling
About This Home
As of August 2025GOT DOGS!? Need a rental with space? Nestled on nearly 3 private acres in the heart of Paradise Valley, this remarkable rental offers the perfect blend of space, serenity, and stunning character. The property boasts sweeping views & lush green lawns that stretch across the expansive grounds—rare and highly coveted in the area. At the center of it all sits an incredibly charming Spanish-style home, rich with character and warmth. Authentic architectural details, inviting outdoor living spaces, and timeless design create a uniquely special atmosphere. Whether you're entertaining under the stars or enjoying peaceful mornings with a view. This home offers an unmatched lifestyle. his is a rare opportunity to live on an estate-sized lot that feels like your own private retreat
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,597
Year Built
- Built in 1976
Lot Details
- 2.82 Acre Lot
- Cul-De-Sac
- Desert faces the front and back of the property
- Block Wall Fence
- Chain Link Fence
- Corner Lot
- Front and Back Yard Sprinklers
- Private Yard
- Grass Covered Lot
Parking
- 3 Car Direct Access Garage
- 8 Open Parking Spaces
- Circular Driveway
Home Design
- Spanish Architecture
- Wood Frame Construction
- Tile Roof
- Built-Up Roof
- Stucco
Interior Spaces
- 5,645 Sq Ft Home
- 2-Story Property
- Wet Bar
- Furniture Can Be Negotiated
- Vaulted Ceiling
- Gas Fireplace
- Double Pane Windows
- Tinted Windows
- Wood Frame Window
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Mountain Views
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Accessible Home Design
- Remote Devices
- Stepless Entry
- Hard or Low Nap Flooring
Outdoor Features
- Private Pool
- Covered Patio or Porch
- Outdoor Fireplace
- Built-In Barbecue
Schools
- Cherokee Elementary School
- Cocopah Middle School
- Chaparral High School
Utilities
- Zoned Heating and Cooling System
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Built by George Christenesen
- Metes And Bounds Subdivision
Listing and Financial Details
- Property Available on 7/1/25
- Rent includes pool service - full, gardening service
- 3-Month Minimum Lease Term
- Assessor Parcel Number 168-74-003-D
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 2, 2025
Closed on
Apr 28, 2025
Sold by
James S Corfman Revocable Trust and Corfman James S
Bought by
Desert Willow Enterprises Llc
Seller's Agent
Julie Rohr
RETSY
Buyer's Agent
Frank DiMaggio
Compass
List Price
$7,690,000
Sold Price
$5,750,000
Premium/Discount to List
-$1,940,000
-25.23%
Views
39
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
$119,162
Avg. Annual Appreciation
7.60%
Original Mortgage
$3,600,000
Outstanding Balance
$3,590,502
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$2,278,660
Purchase Details
Closed on
Jan 15, 2020
Sold by
Corfman James S and The James S Corfman Revocable
Bought by
Corfman James S and The James S Corfman Revocable
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,490,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 2, 2014
Sold by
Bunn John T
Bought by
Corfman James S and The James S Corfman Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,695,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2008
Sold by
Bunn John T
Bought by
Bunn John T and The John T Bunn Trust
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Desert Willow Enterprises Llc | $5,750,000 | Premier Title Agency | |
| Corfman James S | -- | Fidelity National Title Co | |
| Corfman James S | $3,025,000 | Fidelity National Title Agen | |
| Bunn John T | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Desert Willow Enterprises Llc | $3,600,000 | |
| Previous Owner | James S Corfman Revocable Trus | $150,000 | |
| Previous Owner | Corfman James S | $1,490,000 | |
| Previous Owner | Corfman James S | $1,695,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2025 08/10/25 | Rented | $18,000 | -10.0% | -- |
| 07/31/2025 07/31/25 | Under Contract | -- | -- | -- |
| 07/19/2025 07/19/25 | Price Changed | $19,999 | -20.0% | $4 / Sq Ft |
| 05/02/2025 05/02/25 | For Rent | $25,000 | 0.0% | -- |
| 04/30/2025 04/30/25 | Sold | $5,750,000 | -17.3% | $1,019 / Sq Ft |
| 04/15/2025 04/15/25 | Pending | -- | -- | -- |
| 04/02/2025 04/02/25 | Price Changed | $6,950,000 | -9.6% | $1,231 / Sq Ft |
| 01/09/2025 01/09/25 | For Sale | $7,690,000 | +33.7% | $1,362 / Sq Ft |
| 01/02/2025 01/02/25 | Off Market | $5,750,000 | -- | -- |
| 01/02/2025 01/02/25 | For Sale | $7,690,000 | -- | $1,362 / 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 | $11,597 | $207,481 | -- | -- |
| 2024 | $11,429 | $197,601 | -- | -- |
| 2023 | $11,429 | $279,230 | $55,840 | $223,390 |
| 2022 | $10,939 | $215,500 | $43,100 | $172,400 |
| 2021 | $11,667 | $202,160 | $40,430 | $161,730 |
| 2020 | $11,588 | $204,820 | $40,960 | $163,860 |
| 2019 | $11,167 | $202,000 | $40,400 | $161,600 |
| 2018 | $10,730 | $180,120 | $36,020 | $144,100 |
| 2017 | $10,285 | $215,270 | $43,050 | $172,220 |
| 2016 | $10,057 | $152,170 | $30,430 | $121,740 |
| 2015 | $9,511 | $152,170 | $30,430 | $121,740 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2025
Julie Rohr
RETSY
(602) 317-5667
25 in this area
91 Total Sales
-
Seller Co-Listing Agent in 2025
Libby Cohen
RETSY
(602) 291-1446
37 in this area
136 Total Sales
-
Tenant's Agent in 2025
Brian North
Compass
(480) 250-6687
25 in this area
134 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6859416
APN: 168-74-003D
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
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