NOT LISTED FOR SALE

5230 E Palo Verde Place Paradise Valley, AZ 85253

Estimated Value: $3,872,000 - $4,215,000

5 Beds
4 Baths
4,815 Sq Ft
$829/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $2,550,000 $530 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $21,560/month

7 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • Wood Flooring
  • Kiva Elementary School Rated A
  • Mountain View
  • 2 Fireplaces

About This Home

As of September 2020

The views will take your breath away! Charming cottage home on one of the best streets in Paradise Valley. Floor to ceiling windows, French doors, fireplaces, formal and casual dining and spacious kitchen (with walk in pantry) that opens to family room. Spacious bedrooms, Guest House with kitchen and 4 garages. Enjoy serene patios overlooking pool and out to spectacular Camelback Mountain!

Last Agent to Sell the Property

Walter Danley

Walt Danley Realty, LLC License #SA016756000 Listed on: 02/12/2020

Co-Listed By

Catherine Jacobson

Walt Danley Realty, LLC License #SA018115000

Last Buyer's Agent

Walt Danley

Walt Danley Local Luxury Christie's International Real Estate License #SA016756000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,985

Year Built

  • Built in 1958

Lot Details

  • 1.04 Acre Lot
  • Desert faces the front of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,815 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms

Pool

  • Heated Spa
  • Heated Pool

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Guest House

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Paradisve Valles Estates Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 169-29-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,985

Year Built

Built in 1958

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Lincoln and Desert Fairways Drive
  • 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: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1958
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: East of Tatum, North on Desert Fairways to Palo Verde Place. East on Palo Verde to property on North side of street.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.04
  • Co List Office Mls Id: wdan01
  • Co List Office Phone: 602-295-7808
  • Subdivision Name: PARADISVE VALLES ESTATES
  • Architectural Style: Other, Ranch
  • Property Attached Yn: No
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Pantry, Full Bth Master Bdrm
  • Living Area: 4815.0
  • Stories: 1
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Gravel/Stone Back, Grass Front
  • Pool Features: Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Painted, Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition, Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: 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: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 45231.0
  • Parcel #: 169-29-015

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 8985.0
  • Tax Book Number: 169.00
  • Tax Lot: 15
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Sep 11, 2020
Sold by
French Susan W and French David R
Bought by
Rauch David Eric and Rauch Julie Ann
Seller's Agent
Walter Danley
Walt Danley Realty, LLC
Buyer's Agent
Walt Danley
Walt Danley Local Luxury Christie's International Real Estate
List Price
$2,650,000
Sold Price
$2,550,000
Premium/Discount to List
-$100,000
-3.77%
Current Estimated Value
$3,990,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,440,667
Avg. Annual Appreciation
9.20%

Purchase Details

Closed on
Sep 15, 2016
Sold by
French Susan W
Bought by
French Susan W and Mcfarland Amy F

Purchase Details

Closed on
May 8, 2000
Sold by
Maniatis John D
Bought by
French David J and French Susan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$817,500
Interest Rate
8.37%

Purchase Details

Closed on
Jun 30, 1995
Sold by
Maniatis John D
Bought by
Maniatis John David and Maniatis Mary Ellen

Purchase Details

Closed on
Jan 22, 1995
Sold by
Maniatis John David
Bought by
Maniatis John D and Maniatis Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
11.75%
Source: Public Records

Range of Values:

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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
Rauch David Eric $2,550,000 Old Republic Title
French Susan W -- None Available
French David J -- Ati Title Agency
French David J $1,090,000 Ati Title Agency
The Maniatis Family Trust -- --
Maniatis John David -- --
Maniatis John D -- North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner French David J $817,500
Previous Owner Maniatis John D $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2020 09/21/20 Sold $2,550,000 -3.8% $530 / Sq Ft
02/12/2020 02/12/20 For Sale $2,650,000 -- $550 / 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 $5,562 $151,902 -- --
2024 $8,207 $144,668 -- --
2023 $8,207 $180,510 $36,100 $144,410
2022 $7,848 $133,680 $26,730 $106,950
2021 $8,381 $124,970 $24,990 $99,980
2020 $9,306 $130,230 $26,040 $104,190
2019 $8,985 $118,220 $23,640 $94,580
2018 $9,192 $133,050 $26,610 $106,440
2017 $8,830 $135,780 $27,150 $108,630
2016 $8,046 $156,670 $31,330 $125,340
2015 $7,603 $156,670 $31,330 $125,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6036138

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-29-015