NOT LISTED FOR SALE

5060 E Sky Desert Ln Paradise Valley, AZ 85253

Estimated Value: $6,604,000 - $7,046,000

7 Beds
8 Baths
7,725 Sq Ft
$883/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $2,400,000 $311 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $37,477/month

Highlights

  • Guest House
  • Private Pool
  • Mountain View
  • Cherokee Elementary School Rated A
  • 2.81 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of April 2017

This home is located at 5060 E Sky Desert Ln, Paradise Valley, AZ 85253 since 01 May 2017 and is currently estimated at $6,825,000, approximately $883 per square foot. This property was built in 1984. 5060 E Sky Desert Ln is a home located in Maricopa County with nearby schools including Cherokee Elementary School, Cocopah Middle School, and Chaparral High School.

Last Agent to Sell the Property

David Newman

Real Broker License #SA646345000 Listed on: 05/01/2017

Real Broker

Co-Listed By

Thomas Scott

Grigg's Group Powered by The Altman Brothers License #SA668921000

Last Buyer's Agent

David Newman

Walt Danley Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1984

Lot Details

  • 2.81 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Santa Fe Architecture
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,725 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Skylights
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 8 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Private Pool
  • Diving Board
  • Heated Spa

Outdoor Features

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

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 168-74-012

Community Details

Overview

  • No Home Owners Association
  • Kerr Estates Subdivision

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,178

Year Built

Built in 1984

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Tatum Blvd. and Mockingbird
  • 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: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1984
  • Spa Private: Yes
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 2.81
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: Kerr Estates
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: 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: Tile, Wood
  • Spa Features: Heated, Private
  • Possible Bedrooms: 9
  • Total Bedrooms: 7
  • Fireplace Features: 3+ Fireplace, Fire Pit, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 7725.0
  • Stories: 1
  • Window Features: Skylight(s), Double Pane Windows
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: Block, Wrought Iron, Wood
  • Exterior Features: Circular Drive, Covered Patio(s), Playground, Patio, Private Yard, Sport Court(s), Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Grass Back
  • Pool Features: Diving Pool, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Other Structures: Guest House
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Electric Door Opener, Separate Strge Area, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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:Other (See Remarks)5: Yes

Schools

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

Lot Info

  • Horse Amenities: Other, See Remarks
  • Land Lease: No
  • Lot Size Sq Ft: 122404.0
  • Parcel #: 168-74-012
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1178.0
  • Tax Book Number: 168.00
  • Tax Lot: 0
  • Tax Map Number: 74.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Apr 17, 2017
Sold by
Gasser Kathryn J
Bought by
Gilburne Miles and Zolt Nina
Seller's Agent
David Newman
Real Broker
Buyer's Agent
David Newman
Real Broker
List Price
$2,600,000
Sold Price
$2,400,000
Premium/Discount to List
-$200,000
-7.69%
Current Estimated Value
$6,825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,425,000
Avg. Annual Appreciation
13.15%

Purchase Details

Closed on
Jan 17, 2017
Sold by
Gasser Kathryn June
Bought by
Gasser Kathryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$954,225
Interest Rate
3.86%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2004
Sold by
Gasser Glenn William and Gasser Kathryn J Robbins
Bought by
Gasser Glenn William and Gasser Kathryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2003
Sold by
Gasser Glenn William and Gasser Kathryn J Robbins
Bought by
Gasser Glenn William and Gasser Kathryn J Robbins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.5%

Purchase Details

Closed on
Sep 9, 2002
Sold by
Gasser Glenn William and Gasser Kathryn J Robbins
Bought by
Gasser Glenn William and Gasser Kathryn J Robbins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,750
Interest Rate
6.37%

Purchase Details

Closed on
Sep 11, 2001
Sold by
Dayton Virginia Y
Bought by
Gasser Glenn W and Gasser Kathryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.91%
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
Gilburne Miles $2,400,000 Pioneer Title Agency Inc
Gasser Kathryn J -- Lawyers Title Of Arizona Inc
Gasser Glenn William -- Tsa Title Agency
Gasser Glenn William -- Chicago Title Insurance Co
Gasser Glenn William -- Chicago Title Insurance Co
Gasser Glenn W $1,683,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gasser Kathryn J $954,225
Previous Owner Gasser Glenn William $544,000
Previous Owner Gasser Glenn William $550,000
Previous Owner Gasser Glenn William $997,750
Previous Owner Gasser Glenn W $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2017 04/20/17 Sold $2,400,000 -7.7% $311 / Sq Ft
04/01/2017 04/01/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $2,600,000 -- $337 / 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 $13,796 $244,875 -- --
2024 $13,597 $233,215 -- --
2023 $13,597 $408,960 $81,790 $327,170
2022 $13,019 $331,100 $66,220 $264,880
2021 $13,877 $303,160 $60,630 $242,530
2020 $13,785 $280,330 $56,060 $224,270
2019 $13,288 $265,230 $53,040 $212,190
2018 $12,772 $259,210 $51,840 $207,370
2017 $12,246 $362,250 $72,450 $289,800
2016 $11,978 $255,780 $51,150 $204,630
2015 $11,334 $248,960 $49,790 $199,170
Source: Public Records

Agents Affiliated with this Home

  • David Newman

    Seller's Agent in 2017

    David Newman

    Real Broker

    (480) 544-3144

    9 in this area

    90 Total Sales

    David Newman
    Section Image
  • Thomas Scott

    Seller Co-Listing Agent in 2017

    Thomas Scott

    Grigg's Group Powered by The Altman Brothers

    (480) 482-9260

    13 in this area

    78 Total Sales

    Thomas Scott
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5598356

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-74-012

Arizona Maricopa County Paradise Valley 85253

5060 E Sky Desert Ln, Paradise Valley, AZ

This home is located at 5060 E Sky Desert Ln, Paradise Valley, AZ 85253 since 01 May 2017 and is currently estimated at $6,825,000, approximately $883 per square foot. This property was built in 1984. 5060 E Sky Desert Ln is a home located in Maricopa County with nearby schools including Cherokee Elementary School, Cocopah Middle School, and Chaparral 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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