NOT LISTED FOR SALE

5131 E Butler Dr Paradise Valley, AZ 85253

Estimated Value: $2,751,000 - $9,171,000

4 Beds
3.5 Baths
2,932 Sq Ft
$2,033/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $1,200,000 $409 Per Sq Ft

Est. 397% increase in value since last sale

Current estimated payment $33,612/month

Highlights

  • Private Pool
  • Mountain View
  • Vaulted Ceiling
  • Cherokee Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of March 2021

MAXIMUM 3 MONTH LEASE ONLY. You'll love this wonderful Paradise Valley home situated on over an acre of privacy with beautiful mountain views. This home is being offered for a short term rental. 6 to 8 months. The property has been partially remodeled. The main living spaces feature new flooring, new light fixtures and loads of natural light. Bedroom 1 is a full guest suite with private bath. Bedrooms 2 and 3 share a jack and jill bath. The primary bedroom features a spa-like bathroom with soaking tub and walk in shower, plus a fireplace in the bedroom and direct access to the pool and patio. The backyard features a large fenced pool plus an oversized covered patio. You'll love relaxing outside while enjoying the views. Property is unfurnished. Monthly rental amount is rent plus 3%.

Last Agent to Rent the Property

Christine Schroedel

CMS Properties & Real Estate LLC License #BR549128000 Listed on: 02/23/2021

Co-Listed By

Jamie Schroedel

CMS Properties & Real Estate LLC License #SA583810000

Last Renter's Agent

Alexis Magness

Compass License #SA680703000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,613

Year Built

  • Built in 1978

Lot Details

  • 1.18 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,932 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3.5 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Tatum Shadows Subdivision

Listing and Financial Details

  • Property Available on 3/13/21
  • $200 Move-In Fee
  • Rent includes pool service - full
  • 3-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 7
  • Assessor Parcel Number 168-67-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,613

Year Built

Built in 1978

Lot Details

0

Parking

2

Rental Info

  • Rent Includes: None, Pool Service - Full
  • Available Date: 2021-03-13

Listing Details

  • Cross Street: Tatum & Mockingbird
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.65
  • Initial Move In Costs Admin Fee: 200.0
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 3
  • Directions: E on Mockingbird, N to Butler. Hour is on the corner of Mockingbird and Butler
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.18
  • Co List Office Mls Id: hspr001
  • Co List Office Phone: 480-571-3131
  • Subdivision Name: TATUM SHADOWS
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Inside: Yes
  • Water Source City Water2: Yes
  • Fireplace Features Fireplace Family Rm2: Yes
  • Fireplace Features Fireplace Master Bdr2: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood, Concrete
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Fireplace Master Bdr, Fireplace Family Rm, 2 Fireplaces
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Vaulted Ceiling(s), Separate Shwr & Tub
  • Living Area: 2932.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Grass Back, Natural Desert Front
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Lot Size Sq Ft: 51332.0
  • Parcel #: 168-67-012

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Book Number: 168.00
  • Tax Lot: 7
  • Tax Map Number: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 30, 2020
Sold by
Coll Jeremy and Coll Vera
Bought by
Ochoa Joseph A and Ochoa Tamara B
Seller's Agent
Angela Groch
HomeSmart
Buyer's Agent
Don Graham
HomeSmart Lifestyles
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Current Estimated Value
$5,961,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,761,000
Avg. Annual Appreciation
35.86%
Original Mortgage
$1,243,200
Outstanding Balance
$1,102,387
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$4,858,613

Purchase Details

Listed on
Dec 16, 2016
Closed on
Apr 20, 2017
Sold by
Zbozinek Jasenka V and Vuceta Marija B
Bought by
Coll Jeremy and Coll Vera
Seller's Agent
Dee Dee Nadler
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Justin Levine
HomeSmart
List Price
$899,000
Sold Price
$874,900
Premium/Discount to List
-$24,100
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$600,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2016
Sold by
Zbozinek Jasenka V and Vuceta Marija B
Bought by
Zbozinek Jasenka and Vuceta Marija B

Purchase Details

Closed on
Aug 22, 2016
Sold by
Zbozinek Ladislav B V
Bought by
Zbozinek Jasenka

Purchase Details

Closed on
Oct 15, 2008
Sold by
Alexander Traci
Bought by
Vuceta Marija B and Zbozinek Jasenka

Purchase Details

Closed on
Mar 27, 2003
Sold by
Zbozinek Jasenka V
Bought by
Zbozinek Ladislav B and Zbozinek Jasenka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
5.54%

Purchase Details

Closed on
Mar 26, 2003
Sold by
Zbozinek Ladislav B and Vuceta Marija B
Bought by
Zbozinek Jasenka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
5.54%
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
Ochoa Joseph A $1,200,000 Grand Canyon Title Agency
Coll Jeremy $874,900 Lawyers Title Of Arizona Inc
Zbozinek Jasenka -- None Available
Zbozinek Jasenka -- None Available
Vuceta Marija B -- None Available
Alexander Traci -- None Available
Alexander Traci -- None Available
Zbozinek Ladislav B -- Capital Title Agency Inc
Zbozinek Jasenka -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Joseph A $1,243,200
Previous Owner Coll Jeremy $600,000
Previous Owner Zbozinek Jasenka $253,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2021 03/13/21 Rented $4,500 0.0% --
03/02/2021 03/02/21 Under Contract -- -- --
02/23/2021 02/23/21 For Rent $4,500 +28.6% --
09/01/2020 09/01/20 Rented $3,500 0.0% --
08/24/2020 08/24/20 Under Contract -- -- --
08/17/2020 08/17/20 Off Market $3,500 -- --
08/03/2020 08/03/20 For Rent $3,500 0.0% --
07/09/2020 07/09/20 Sold $1,200,000 -4.0% $409 / Sq Ft View Prior Sale
05/24/2020 05/24/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $1,250,000 +42.9% $426 / Sq Ft
05/23/2017 05/23/17 Sold $874,900 0.0% $298 / Sq Ft View Prior Sale
04/15/2017 04/15/17 Pending -- -- --
02/06/2017 02/06/17 Price Changed $874,900 -2.7% $298 / Sq Ft
12/16/2016 12/16/16 For Sale $899,000 -- $307 / 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 $22,613 $384,650 -- --
2024 $6,908 $366,333 -- --
2023 $6,908 $229,950 $229,950 $0
2022 $5,543 $104,830 $20,960 $83,870
2021 $5,892 $99,460 $19,890 $79,570
2020 $5,254 $103,760 $20,750 $83,010
2019 $5,052 $95,550 $19,110 $76,440
2018 $4,842 $92,060 $18,410 $73,650
2017 $4,628 $85,870 $17,170 $68,700
2016 $4,519 $81,010 $16,200 $64,810
2015 $4,257 $81,010 $16,200 $64,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6198198

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-67-012