NOT LISTED FOR SALE

5150 E Butler Dr Paradise Valley, AZ 85253

Estimated Value: $2,391,608 - $3,868,000

1.02 Acres
$3,073,401 Price per Acre
44,431 Sq Ft Lot

Last Sold August 26, 2016

Last sale price $788,000

Est. 298% increase in value since last sale

Current estimated payment $17,599/month

28 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Garage
  • Cherokee Elementary School Rated A
  • No HOA

About This Lot

As of August 2016

FABULOUS OPPORTUNITY TO OWN THIS PRIVATE LOT OR WOULD POTENTIALLY MAKE A GREAT DEVELOPMENT OPPORTUNITY. READY FOR YOUR REMODEL OR COMPLETE TEAR DOWN. 3 BED, 3 BATH PLUS OFFICE AND BONUS ROOM IN MAIN HOUSE WITH A FIREPLACE IN THE FAMILY ROOM. GUEST HOUSE IS 1 BED, 1 BATH WITH SEPARATE ROOM AND KITCHEN. FIVE CAR GARAGE WITH WORKSHOP. LARGE PRIVATE CORNER LOT. GREAT VIEWS OF MUMMY MOUNTAIN. DON’T MISS OUT ON THIS GREAT DEAL TO OWN YOUR OWN SPECIAL PIECE OF LAND IN PARADISE VALLEY!

Last Agent to Sell the Property

Scott Grigg

Griggs's Group Powered by The Altman Brothers License #SA561582000 Listed on: 07/07/2016

Last Buyer's Agent

R Morgan

Encore Estates Realty License #BR014101000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,258

Lot Details

  • 1.02 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Property is zoned R-43

Parking

  • Garage

Schools

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

Additional Features

  • Mountain Views
  • Residence on Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 168-54-034

Property Details

Property Type

Land

Est. Annual Taxes

$5,258

Lot Details

0

Listing Details

  • Cross Street: TATUM BLVD & MOCKINGBIRD LN
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: On Site Imp Needed
  • Topography: {"Level":true}
  • Zoning: R-43
  • Tax Year: 2015
  • Directions: HEADING NORTH ON TATUM BLVD, TURN RIGHT (EAST) ONTO MOCKINGBIRD LN. CURVE AROUND THE CORNER WHERE MOCKINGBIRD TURNS INTO 52ND ST AT BUTLER DR. HOME IS ON THE NORTHWEST CORNER.
  • Horses: No
  • Lot Size Acres: 1.02
  • Road Surface Type: Asphalt
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Mountain View(s)
  • Disclosures: None
  • Other Structures: See Remarks, Garage(s), Residence

Garage/Parking

  • Existing Structures:Garage(s): Yes

Utilities

  • Electric: APS, Underground, Individual Meter
  • Water Source: Other, City Franchise

Condo/Co-op/Association

  • Association: No

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: IRREGULAR
  • Lot Size Sq Ft: 44451.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 168-54-034
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5258.0
  • Tax Book Number: 168.00
  • Tax Lot: -
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Sarahim Development Llc
Bought by
Zink Brian and Zink Tifany
Current Estimated Value
$3,134,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,103,742
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,716,095

Purchase Details

Closed on
Nov 16, 2016
Sold by
Sekandari Rahim
Bought by
Sarahim Development Llc

Purchase Details

Listed on
Jul 7, 2016
Closed on
Aug 23, 2016
Sold by
Scott Nancy Lee
Bought by
Sekandari Rahim
Seller's Agent
Scott Grigg
Griggs's Group Powered by The Altman Brothers
Buyer's Agent
R Morgan
Encore Estates Realty
List Price
$795,000
Sold Price
$788,000
Premium/Discount to List
-$7,000
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.13%

Purchase Details

Closed on
Aug 27, 1996
Sold by
Scott Winfield R and Scott Ruth
Bought by
Scott Winfield R and Scott Ruth
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zink Brian $1,600,000 Fidelity Natl Ttl Agcy Inc
Sarahim Development Llc -- None Available
Sekandari Rahim $788,000 Fidelity Natl Title Agency I
Scott Winfield R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zink Brian $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $788,000 -0.9% --
08/04/2016 08/04/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $795,000 -- --
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 $7,805 $132,767 -- --
2024 $5,285 $253,281 -- --
2023 $5,285 $175,905 $175,905 $0
2022 $1,885 $42,830 $8,560 $34,270
2021 $2,004 $39,150 $7,830 $31,320
2020 $1,991 $35,130 $7,030 $28,100
2019 $1,922 $35,130 $7,030 $28,100
2018 $6,564 $116,970 $23,390 $93,580
2017 $6,306 $100,500 $20,100 $80,400
2016 $5,574 $87,620 $17,520 $70,100
2015 $5,258 $87,620 $17,520 $70,100
Source: Public Records

Agents Affiliated with this Home

  • Scott Grigg

    Seller's Agent in 2016

    Scott Grigg

    Griggs's Group Powered by The Altman Brothers

    (480) 540-5479

    39 in this area

    256 Total Sales

    Scott Grigg
    Section Image

  • R

    Buyer's Agent in 2016

    R Morgan

    Encore Estates Realty

    (602) 465-5303

    10 Total Sales

    R Morgan
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5467224

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-54-034

Arizona Maricopa County Paradise Valley 85253

5150 E Butler Dr, Paradise Valley, AZ

This home is located at 5150 E Butler Dr, Paradise Valley, AZ 85253 since 07 July 2016 and is currently estimated at $3,134,869. 5150 E Butler Dr 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

Nearby Homes