NOT LISTED FOR SALE

5227 E Arroyo Rd Paradise Valley, AZ 85253

Estimated Value: $5,470,000 - $13,046,384

7 Beds
10 Baths
16,087 Sq Ft
$515/Sq Ft Est. Value

Last Sold April 17, 2013

Last sale price $6,800,000 $423 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $46,731/month

108 Days on Market

Highlights

  • Heated Lap Pool
  • Gated Parking
  • Fireplace in Primary Bedroom
  • Kiva Elementary School Rated A
  • City Lights View
  • Vaulted Ceiling

About This Home

As of April 2013

This 16,087sf estate on 1.42 acres near Paradise Valley Country Club has unobstructed Phx and Camelback Mtn Views! Rare for a view lot, there is a huge flat bkyrd w/extensive lawns and 45ft negative edge pool! This estate was built as a custom spec and never lived in. It has exquisite carved millwork,rich hickory floors and superb craftsmanship. Enter see-thru home past 43ft living room disappearing glass doors to a grand patio! Main floor also features a 32ft dining rm, enormous chefs kitchen open to family and breakfast rms, fabulous master suite w/disappearing wall, paneled library w/annex + family/guest wing w/4 bedrms and 2nd family rm. Lower level has 44ft game rm + wine rm, man's retreat, exercise, media, massage + craft rms + guest and maid's quarters. Original price $16,900,000

Last Agent to Sell the Property

Joan Levinson

Realty ONE Group License #SA020825000 Listed on: 12/13/2012

Co-Listed By

Victoria Castillo

Realty ONE Group License #BR109976000

Last Buyer's Agent

Cherie Fishburne

Realty ONE Group License #SA628025000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,127

Year Built

  • Built in 2008

Lot Details

  • 1.43 Acre Lot
  • Desert faces the front of the property
  • Wrought Iron Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 6 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 16,087 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 10 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home
  • Fire Sprinkler System

Pool

  • Heated Lap Pool
  • Heated Spa
  • Diving Board

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue
  • Playground

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Sahuaro High School

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Paradise Valley Estates Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 169-29-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,127

Year Built

Built in 2008

Lot Details

0

Parking

6

Listing Details

  • Cross Street: Lincoln & Tatum
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Spa Private: Yes
  • Tax Year: 2012
  • Directions: East on Lincoln 1 block to traffic light at Camelback Inn. North approx. 1 block. Bear left west @ fork in road onto Desert Fairways. North 2 blocks to Arroyo. East to property on south side of street
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.43
  • Co List Office Mls Id: reog08
  • Co List Office Phone: 602-953-4000
  • Subdivision Name: Paradise Valley Estates
  • Architectural Style: Santa Barbara/Tuscan
  • New Construction: No
  • Efficiency: Multi-Pane Wndws, R-Value Upgrades, Multi-Zones
  • ResoBuildingAreaSource: Builder
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Technology:Smart Home System: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 10
  • Total Bedrooms: 7
  • Fireplace Features: Other (See Remarks), 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: 9+ Flat Ceilings, Central Vacuum, Elevator, Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Smart Home
  • Living Area: 16087.0
  • Stories: 2
  • ResoLivingAreaSource: Builder
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Fireplace:Other (See Remarks)14: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Separate Workshop: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Circular Drive, Covered Patio(s), Playground, Misting System, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back
  • Pool Features: Diving Pool, Heated, Lap, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Balcony: Yes
  • Construction Status:Complete Spec Home: Yes
  • Exterior Features:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Electric Door Opener, Separate Strge Area, Temp Controlled, Gated
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: 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 Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Kiva Elementary School
  • High School: Sahuaro School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 62370.0
  • Parcel #: 169-29-023
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 28127.0
  • Tax Book Number: 169.00
  • Tax Lot: 23
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Caron Jeffery and Caron Stacey L
Bought by
White Owl Trust
Current Estimated Value
$8,286,461

Purchase Details

Closed on
Aug 24, 2020
Sold by
Leonard Jeffrey Louis and Jeffrey Louis Leonard Trust
Bought by
Caron Jeffrey and Caron Stacey L

Purchase Details

Closed on
Jun 13, 2018
Sold by
Indigo Pearl Llc
Bought by
Leonard Jeffrey Louis and Jaffa William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 13, 2012
Closed on
Apr 10, 2013
Sold by
Gbf Arroyo Llc
Bought by
Indigo Pearl Llc
Seller's Agent
Joan Levinson
Realty ONE Group
Buyer's Agent
Cherie Fishburne
Realty ONE Group
List Price
$7,500,000
Sold Price
$6,800,000
Premium/Discount to List
-$700,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%

Purchase Details

Closed on
Apr 24, 2007
Sold by
Heims Michael J
Bought by
Gbf Arroyo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2007
Sold by
Heims Michael J
Bought by
Heims Michael J and Heims Betsy Phillips

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2003
Sold by
Heims Michael J
Bought by
Heims Michael J and Heims Betsy Phillips

Purchase Details

Closed on
May 8, 2001
Sold by
Beck Elma V
Bought by
Heims Michael J and The Harold S Heims Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.14%
Mortgage Type
Seller Take Back
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
White Owl Trust -- None Listed On Document
Caron Jeffrey -- None Available
Leonard Jeffrey Louis -- Fidelity National Title Agen
Indigo Pearl Llc $6,800,000 Grand Canyon Title Agency In
Gbf Arroyo Llc $3,300,000 Camelback Title Agency Llc
Heims Michael J -- Land Title Agency Of Az Inc
Heims Michael J -- Land Title Agency Of Az Inc
Heims Michael J -- --
Heims Michael J $848,750 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leonard Jeffrey Louis $3,900,000
Previous Owner Heims Michael J $900,000
Previous Owner Heims Michael J $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2013 04/17/13 Sold $6,800,000 -9.3% $423 / Sq Ft
12/13/2012 12/13/12 For Sale $7,500,000 -- $466 / 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 $35,132 $607,823 -- --
2024 $34,639 $578,879 -- --
2023 $34,639 $699,960 $139,990 $559,970
2022 $33,204 $525,060 $105,010 $420,050
2021 $38,371 $572,500 $114,500 $458,000
2020 $38,726 $572,500 $114,500 $458,000
2019 $37,367 $532,320 $106,460 $425,860
2018 $35,957 $545,810 $109,160 $436,650
2017 $34,520 $576,880 $115,370 $461,510
2016 $33,785 $659,060 $131,810 $527,250
2015 $32,025 $659,060 $131,810 $527,250
Source: Public Records

Agents Affiliated with this Home

  • Joan Levinson

    Seller's Agent in 2013

    Joan Levinson

    Realty One Group

    (480) 543-0006

    87 in this area

    123 Total Sales

    Joan Levinson
    Section Image

  • V

    Seller Co-Listing Agent in 2013

    Victoria Castillo

    Realty One Group

    Section Image

  • C

    Buyer's Agent in 2013

    Cherie Fishburne

    Realty One Group

    (623) 734-8302

    10 Total Sales

    Cherie Fishburne
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4862405

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-29-023

Arizona Maricopa County Paradise Valley 85253

5227 E Arroyo Rd, Paradise Valley, AZ

This home is located at 5227 E Arroyo Rd, Paradise Valley, AZ 85253 since 13 December 2012 and is currently estimated at $8,286,461, approximately $515 per square foot. This property was built in 2008. 5227 E Arroyo Rd is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro 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

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