NOT LISTED FOR SALE

5226 E Paradise Canyon Rd Paradise Valley, AZ 85253

Estimated Value: $4,298,000 - $4,701,000

4 Beds
6 Baths
5,259 Sq Ft
$856/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $1,600,000 $304 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $24,527/month

137 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Family Room with Fireplace
  • Kiva Elementary School Rated A
  • Mountain View
  • Spanish Architecture

About This Home

As of December 2018

PRIME PARADISE VALLEY LOCATION! Incredible opportunity to remodel or build your dream home in one of Paradise Valley's premier neighborhoods near PVCC. Stunning Mummy Mountain & Phoenix preserve views surround this property. Expansive circular driveway leads you to the front entry of the spaciously laid out home. The large foyer is open to the well-scaled living & dining room, perfect for entertaining. Well-appointed kitchen opens to family room and large covered patio. Main level has 3 ensuite bedrooms, 2 powder rooms & office. Upper level with private master retreat, sitting room/gym and incredible views from every window. Sellers have started demo on main level. Property is not zoned hillside. Preliminary drawings for an entire remodel are available. The home will convey as is.

Last Agent to Sell the Property

Sandra Finocchiaro

Realty ONE Group License #BR529277000 Listed on: 06/01/2018

Realty ONE Group

Co-Listed By

Brad Goddes

Goddes Homes License #BR534750000

Last Buyer's Agent

Karen Ballantyne

HomeSmart License #BR543458000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,706

Year Built

  • Built in 1974 | Under Construction

Lot Details

  • 0.96 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Spanish Architecture
  • Fixer Upper
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,259 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Water Purifier
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Paradise Canyon Foothills Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 169-06-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,706

Year Built

Built in 1974 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Tatum & Desert Fairways
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1974
  • Tax Year: 2016
  • Directions: Tatum, East on Desert Fairways, North on Shadow Mountain, East on 2nd Las Brisas, East on Paradise Canyon Rd, to home on NE corner.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.96
  • Co List Office Mls Id: gdes01
  • Co List Office Phone: 602-903-7209
  • Subdivision Name: PARADISE CANYON FOOTHILLS
  • Architectural Style: Spanish
  • New Construction: No
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 5259.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Under Construction, Fixer
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, Garage Door Opener, Circular Driveway, Attch'd Gar Cabinets, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • 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: 41684.0
  • Parcel #: 169-06-025

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 7706.0
  • Tax Book Number: 169.00
  • Tax Lot: 17
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Dec 19, 2018
Sold by
Finocchiaro Peter A and Finocchiaro Sandra C
Bought by
Vargas Pappoe Tutankhamen A and Vargas Ortiz Yara Y
Seller's Agent
Sandra Finocchiaro
Realty ONE Group
Buyer's Agent
Karen Ballantyne
HomeSmart
List Price
$1,650,000
Sold Price
$1,600,000
Premium/Discount to List
-$50,000
-3.03%
Current Estimated Value
$4,499,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,899,500
Avg. Annual Appreciation
16.45%
Original Mortgage
$1,439,500
Outstanding Balance
$1,260,473
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,239,027

Purchase Details

Closed on
Sep 14, 2018
Sold by
Finocchiaro Sandra and Finocchiaro Peter
Bought by
Finocchiaro Peter

Purchase Details

Closed on
Oct 24, 2016
Sold by
Finocchiaro Peter A and Finocchiaro Sandra C
Bought by
Finocchiaro Peter A and Finocchiaro Sandra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2016
Closed on
Apr 26, 2016
Sold by
Ross Thomas F and Ross Shirley B
Bought by
Finocchiaro Peter A and Finocchiaro Sandra C
Seller's Agent
Cheryl Anderson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Brad Goddes
Goddes Homes
List Price
$1,595,000
Sold Price
$1,540,000
Premium/Discount to List
-$55,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Original Mortgage
$1,155,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2013
Sold by
Ross Thomas S and Ross Shirley
Bought by
Ross Thomas F and Ross Shirley B

Purchase Details

Closed on
Sep 17, 1999
Sold by
Scott Frederick Charles and Scott Patricia Hogan
Bought by
Ross Thomas F and Ross Shirley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,500
Interest Rate
7.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 1996
Sold by
Scott Frederick C and Scott Patricia H
Bought by
Scott Frederick Charles and Scott Patricia Hogan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.12%
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
Vargas Pappoe Tutankhamen A $1,600,000 Driggs Title Agency Inc
Finocchiaro Peter -- Chicago Title Agency Inc
Finocchiaro Peter A -- None Available
Finocchiaro Peter A $1,540,000 Greystone Title Agency
Ross Thomas F -- None Available
Ross Thomas F $950,000 Equity Title Agency
Scott Frederick Charles -- Grand Canyon Title Agency In
Scott Frederick C -- Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Pappoe Tutankhamen A $1,439,500
Previous Owner Finocchiaro Peter A $2,500,000
Previous Owner Finocchiaro Peter A $1,155,000
Previous Owner Ross Thomas F $649,500
Previous Owner Scott Frederick C $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2018 12/21/18 Sold $1,600,000 -3.0% $304 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
10/16/2018 10/16/18 For Sale $1,650,000 +3.1% $314 / Sq Ft
09/29/2018 09/29/18 Off Market $1,600,000 -- --
08/22/2018 08/22/18 Price Changed $1,650,000 -5.7% $314 / Sq Ft
06/01/2018 06/01/18 For Sale $1,750,000 +13.6% $333 / Sq Ft
05/10/2016 05/10/16 Sold $1,540,000 -3.4% $291 / Sq Ft View Prior Sale
05/10/2016 05/10/16 For Sale $1,595,000 0.0% $301 / Sq Ft
05/10/2016 05/10/16 Price Changed $1,595,000 0.0% $301 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $1,595,000 -- $301 / 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 $8,907 $161,713 -- --
2024 $8,776 $154,012 -- --
2023 $8,776 $187,810 $37,560 $150,250
2022 $8,394 $162,030 $32,400 $129,630
2021 $8,961 $156,300 $31,260 $125,040
2020 $8,900 $149,100 $29,820 $119,280
2019 $8,571 $146,210 $29,240 $116,970
2018 $8,231 $147,410 $29,480 $117,930
2017 $7,884 $152,830 $30,560 $122,270
2016 $7,706 $139,700 $27,940 $111,760
2015 $7,281 $139,700 $27,940 $111,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5774120

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-06-025