NOT LISTED FOR SALE

5150 E Butler Dr Paradise Valley, AZ 85253

Estimated Value: $1,789,753 - $3,871,000

4 Beds
4 Baths
3,498 Sq Ft
$854/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $788,000 $225 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $17,599/month

28 Days on Market

Highlights

  • Guest House
  • Private Pool
  • Mountain View
  • Cherokee Elementary School Rated A
  • 1.02 Acre Lot
  • Corner Lot

About This Home

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,258

Year Built

  • Built in 1962

Lot Details

  • 1.02 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot

Parking

  • 5 Car Detached Garage
  • 1 Carport Space
  • Side or Rear Entrance to Parking

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 3,498 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Additional Homes

  • Guest House

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Paradise Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 168-54-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,258

Year Built

Built in 1962

Lot Details

0

Parking

5

Listing Details

  • Cross Street: TATUM BLVD & MOCKINGBIRD LN
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1962
  • 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.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.02
  • Subdivision Name: PARADISE VALLEY
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Concrete
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 3498.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Corner Lot, Natural Desert Back, Natural Desert Front
  • Pool Features: Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Other (See Remarks)
  • Construction Type: Painted, Block
  • Other Structures: Guest House
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Side Vehicle Entry, Detached, RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 5.0
  • Parking Features:RV Parking: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: 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:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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

  • Land Lease: No
  • Lot Size Sq Ft: 44451.0
  • Parcel #: 168-54-034
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 5258.0
  • Tax Book Number: 168.00
  • Tax Lot: 0
  • 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
$1,094,288
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,893,900

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
15.89%

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:

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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
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% $225 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $795,000 -- $227 / 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 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5467206

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-54-034