$1,325,000
SOLD JUN 3, 2025
4 Beds
3 Baths
2,936 Sq Ft
0.88 Acres

Recently Sold

$451 Per Sq Ft

15% Below List Price

19 Days on Market

Highlights

  • Horses Allowed On Property
  • Tennis Courts
  • Solar Power System
  • Desert Shadows Elementary School Rated A
  • Private Pool
  • 0.88 Acre Lot

About This Home

As of June 2025

*MASSIVE PRICE ADJUSTMENT & OVER $250,000 IN UPGRADES - NEW AC, NEW pool equipment, PAID OFF solar panels, & RENOVATED interior! An incredibly rare opportunity in the heart of 85254—this move-in ready horse property sits on a premium 0.88-acre corner lot that has already been approved by the city for a LOT-SPLIT into TWO 0.44-acre parcels. Whether you're looking to create a luxury compound, develop for profit, or simply enjoy the expansive space as-is, the options are endless and the potential is undeniable.

Located on a highly sought-after bridle path with no HOA and surrounded by multi-million dollar homes, this four-bedroom residence blends everyday comfort with long-term investment upside. This home includes a fully paid Tesla solar system, Tesla electric vehicle charger, brand-new AC and HVAC system, and brand-new pool with all new equipment, this home is designed for modern, energy-efficient living. The bright, spacious layout features a meticulously designed interior with fresh paint, recessed lighting, a mix of tile and carpet flooring, and an abundance of natural light throughout.

The kitchen is the heart of the home, boasting white cabinetry, granite countertops, stainless steel appliances, a prep island with breakfast bar, and a classic subway tile backsplash. The owner's suite offers a true retreat with a walk-in closet and spa-like ensuite complete with a floor-to-ceiling tiled shower. The expansive Arizona room invites indoor-outdoor entertaining and leads to a massive backyard featuring a covered patio, a resurfaced pool, and a private TENNIS COURTa rare find at this price point.

Outside, you'll find parking for eight vehicles plus dedicated RV parking, a community irrigation system for lush landscaping, and all the space you could ask for to expand, build, or simply enjoy. Whether you're a homeowner looking for long-term lifestyle value, an investor seeking development upside, or a short-term rental buyer tapping into the Scottsdale/Paradise Valley market, this home is a winning move from every angle.

Perfectly positioned just minutes from the 51 freeway, the new PV Mall redevelopment, top-rated schools, and the best shopping, dining, and amenities that Scottsdale and Paradise Valley have to offerthis is more than just a home; it's a launchpad for your next chapter. Don't miss this opportunity to secure one of the most versatile and valuable properties on the market today!

Last Agent to Sell the Property

Ari Jakobov

eXp Realty Brokerage Phone: 602-500-9874 License #SA699624000 Listed on: 04/02/2025

eXp Realty

Last Buyer's Agent

Heather Loebs

West USA Realty License #SA682773000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,890

Year Built

  • Built in 1971

Lot Details

  • 0.88 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Grass Covered Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,936 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Skylights
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Kitchen Updated in 2025
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom Updated in 2025
  • 3 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 2 Carport Spaces
  • Electric Vehicle Home Charger

Pool

  • Pool Updated in 2025
  • Private Pool

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch

Schools

  • Desert Shadows Elementary School
  • Desert Shadows Middle School
  • Horizon High School

Utilities

  • Cooling System Updated in 2025
  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Solar Power System
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 167-05-082

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Hallcraft Homes
  • Sunburst Farms East 4 Subdivision

Recreation

  • Pickleball Courts
  • Sport Court
  • Handball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,890

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: N 56th St and E Thunderbird Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2025
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2025
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2025
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2025
  • Parking Spaces Slab Parking Spaces: 8.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2024
  • Directions: Head N on N 56th St. Turn left onto E Thunderbird Rd. Turn left onto N 52nd St. Turn left onto E Emile Zola Ave. Home will be on the left.
  • Attribution Contact: 602-500-9874
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.88
  • Subdivision Name: SUNBURST FARMS EAST 4
  • Architectural Style: Ranch
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Const - Finish Wood Siding: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: Ranch
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 2936.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Private Pickleball Court(s), Hand/Racquetball Cts, Sport Court(s), Tennis Court(s)
  • Lot Features: Corner Lot, Gravel/Stone Front, Grass Back
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Wood Siding, Painted, Slump Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction:Slump Block: Yes
  • Exterior Features:Sport Court(s): Yes
  • Exterior Features:Tennis Court(s): Yes
  • Exterior Features:Private Pickleball Court(s): Yes
  • Exterior Features:HandRacquetball Cts: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Open Parking Spaces: 8.0
  • Parking Features:Electric Vehicle Charging Station(s): Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Desert Shadows Elementary School
  • High School: Horizon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Desert Shadows Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 38123.0
  • Parcel #: 167-05-082

Building Info

  • Builder Name: Hallcraft Homes

Tax Info

  • Tax Annual Amount: 3890.0
  • Tax Book Number: 167.00
  • Tax Lot: 201
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2025
Closed on
May 22, 2025
Sold by
Silver James V
Bought by
Greiert Kyle and Greiert Heather
Seller's Agent
Ari Jakobov
eXp Realty
Buyer's Agent
Heather Loebs
West USA Realty
List Price
$1,550,000
Sold Price
$1,325,000
Premium/Discount to List
-$225,000
-14.52%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%
Original Mortgage
$1,060,000
Outstanding Balance
$1,060,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$310,770

Purchase Details

Listed on
Nov 23, 2024
Closed on
Dec 17, 2024
Sold by
Falger Family Living Trust and Falger Horst G
Bought by
Silver James V
Seller's Agent
Michael Gagnon
Steady Compass Real Estate
Buyer's Agent
Ari Jakobov
eXp Realty
List Price
$1,150,000
Sold Price
$1,018,000
Premium/Discount to List
-$132,000
-11.48%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.36%
Original Mortgage
$680,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2020
Sold by
Falger Horst G and Bonney Roberta A
Bought by
Falger Horst G and Bonney Roberta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2015
Sold by
Falger Horst G
Bought by
Falger Family Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2012
Sold by
Bonney Roberta A
Bought by
Falger Horst G and Bonney Roberta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,800
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2008
Sold by
Falger Horst G
Bought by
Falger Horst G and Bonney Roberta A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,325,000 Navi Title Agency
Warranty Deed $1,018,000 Navi Title Agency
Warranty Deed $1,018,000 Navi Title Agency
Interfamily Deed Transfer -- Amrock Inc
Interfamily Deed Transfer -- Amrock Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Title Source
Interfamily Deed Transfer -- Title Source
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,060,000 New Conventional
Previous Owner $680,000 New Conventional
Previous Owner $277,500 New Conventional
Previous Owner $288,750 New Conventional
Previous Owner $183,800 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $55,500 Credit Line Revolving
Previous Owner $196,575 Fannie Mae Freddie Mac
Previous Owner $134,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Sold $1,325,000 -4.3% $451 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
04/23/2025 04/23/25 Price Changed $1,385,000 -5.5% $472 / Sq Ft
04/10/2025 04/10/25 Price Changed $1,465,000 -5.5% $499 / Sq Ft
04/03/2025 04/03/25 For Sale $1,550,000 +52.3% $528 / Sq Ft
12/18/2024 12/18/24 Sold $1,018,000 -11.5% $347 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
11/23/2024 11/23/24 For Sale $1,150,000 -- $392 / 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 $3,890 $45,107 -- --
2024 $3,796 $42,959 -- --
2023 $3,796 $72,650 $14,530 $58,120
2022 $3,752 $60,810 $12,160 $48,650
2021 $3,765 $57,120 $11,420 $45,700
2020 $3,630 $53,730 $10,740 $42,990
2019 $3,635 $48,980 $9,790 $39,190
2018 $3,501 $43,320 $8,660 $34,660
2017 $2,940 $31,620 $6,320 $25,300
2016 $2,893 $30,630 $6,120 $24,510
2015 $2,684 $28,350 $5,670 $22,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6845174

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-05-082