NOT LISTED FOR SALE

5311 E Gelding Dr Scottsdale, AZ 85254

Paradise Valley Village Neighborhood

Estimated Value: $913,000 - $1,050,000

5 Beds
3 Baths
2,521 Sq Ft
$383/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $800,000 $317 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,403/month

7 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • 1 Fireplace
  • Liberty Elementary School Rated A
  • 0.24 Acre Lot
  • Granite Countertops

About This Home

As of October 2021

A diamond in the rough! This 5 bed/3 bath, with no HOA, in the magic 85254 is already performing well on VRBO/Airbnb with future bookings. This beautiful freshly painted Scottsdale home has tons of character and charming curb appeal. The main house is a 4 bed/2 bath, and the guest quarters is a 1 bed/1 bath, with a den, small kitchenette, and separate entrance. The backyard is carefully manicured with artificial grass, Gazebo, new pool heater, and fire pit area. Close to Kierland and Scottsdale Quarter, this home is in a prime location for all of the fun and good eats!

Last Agent to Sell the Property

Stacie Granger

Compass License #BR644133000 Listed on: 09/10/2021

Compass

Last Buyer's Agent

Kelly Hobrock

Russ Lyon Sotheby's International Realty License #SA648011000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,387

Year Built

  • Built in 1977

Lot Details

  • 10,611 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Private Yard
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • RV Gated

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,521 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Heated Spa
  • Heated Pool
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Liberty Elementary School
  • Sunrise Middle School
  • Horizon High School

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Norma Estates Subdivision

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 215-65-174

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,387

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 56th St and Acoma Dr
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1977
  • Tax Year: 2021
  • Directions: Heading North on 56th St, take a Left on Gelding Dr before Acoma Dr.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: NORMA ESTATES
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Above Ground, Heated
  • Appliances: Water Purifier
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, Soft Water Loop, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 2521.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Storage
  • Lot Features: Grass Front, Synthetic Grass Back
  • Pool Features: Heated, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: 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: Liberty Elementary School
  • High School: Horizon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Sunrise Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10611.0
  • Parcel #: 215-65-174

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3387.0
  • Tax Book Number: 215.00
  • Tax Lot: 53
  • Tax Map Number: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Sep 13, 2021
Sold by
Wells Jack Douglas and Wells Charlotte Ann
Bought by
Wang Chen
Seller's Agent
Stacie Granger
Compass
Buyer's Agent
Kelly Hobrock
Russ Lyon Sotheby's International Realty
List Price
$750,000
Sold Price
$800,000
Premium/Discount to List
$50,000
6.67%
Current Estimated Value
$965,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,952
Avg. Annual Appreciation
4.85%
Original Mortgage
$594,000
Outstanding Balance
$540,496
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$425,456

Purchase Details

Listed on
Nov 3, 2019
Closed on
Feb 20, 2020
Sold by
Wells Jack
Bought by
Wells Jack Douglas and Wells Charlotte Ann
Seller's Agent
Peggy Murrietta
HomeSmart
Buyer's Agent
Stacie Granger
Compass
List Price
$500,000
Sold Price
$520,000
Premium/Discount to List
$20,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.83%
Original Mortgage
$468,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2016
Closed on
Oct 4, 2016
Sold by
Caress Gary L
Bought by
Marshall Daniel T and Marshall Julianne J
Seller's Agent
Robyn Viktor
West USA Realty
Buyer's Agent
Peggy Murrietta
REfresh Real Estate Group, LLC
List Price
$475,000
Sold Price
$392,500
Premium/Discount to List
-$82,500
-17.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$372,875
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2015
Sold by
Caress Gary L and Caress Sheri J
Bought by
The Caress 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
$272,150
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2009
Sold by
Caress Gary L
Bought by
Caress Gary L and Caress Sheri J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,250
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2008
Sold by
Caress Gary L
Bought by
Caress Gary L and Caress Sheri J

Purchase Details

Closed on
Nov 7, 2006
Sold by
Storch Lee H
Bought by
Caress Gary L and Caress Sheri J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2003
Sold by
Zoubrilina Galina
Bought by
Storch Lee H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wang Chen $792,000 First American Title Ins Co
Wells Jack Douglas -- Old Republic Title Agency
Wells Jack -- Old Republic Title Agency
Wells Jack $520,000 Old Republic Title Agency
Marshall Daniel T $392,500 Old Republic Title Agency
The Caress Family Living Trust -- Lawyers Title Of Arizona Inc
Caress Gary L -- Lawyers Title Of Arizona Inc
Caress Gary L -- Metro Title Agency Of Az Llc
Caress Gary L -- Metro Title Agency Of Az Llc
Caress Gary L -- None Available
Caress Gary L $475,000 Arizona Title Agency Inc
Storch Lee H -- Stewart Title & Trust
Storch Lee H $207,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Chen $594,000
Previous Owner Wells Jack $468,000
Previous Owner Marshall Daniel T $372,875
Previous Owner Caress Gary L $272,150
Previous Owner Caress Gary L $230,250
Previous Owner Caress Gary L $224,000
Previous Owner Storch Lee H $166,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2021 10/18/21 Sold $800,000 +6.7% $317 / Sq Ft
09/06/2021 09/06/21 For Sale $750,000 +44.2% $298 / Sq Ft
02/25/2020 02/25/20 Sold $520,000 +4.0% $204 / Sq Ft View Prior Sale
01/28/2020 01/28/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $500,000 0.0% $196 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $500,000 0.0% $196 / Sq Ft
01/07/2020 01/07/20 Price Changed $500,000 -3.8% $196 / Sq Ft
11/24/2019 11/24/19 Off Market $520,000 -- --
11/16/2019 11/16/19 For Sale $519,000 -0.2% $203 / Sq Ft
11/16/2019 11/16/19 Off Market $520,000 -- --
11/15/2019 11/15/19 For Sale $519,000 0.0% $203 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/10/2019 11/10/19 Price Changed $519,000 -5.6% $203 / Sq Ft
11/05/2019 11/05/19 Price Changed $550,000 -4.3% $215 / Sq Ft
11/03/2019 11/03/19 For Sale $575,000 +46.5% $225 / Sq Ft
10/07/2016 10/07/16 Sold $392,500 -1.9% $160 / Sq Ft View Prior Sale
06/28/2016 06/28/16 Price Changed $400,000 -5.9% $163 / Sq Ft
05/23/2016 05/23/16 Price Changed $425,000 -2.3% $173 / Sq Ft
05/10/2016 05/10/16 Price Changed $435,000 -1.1% $177 / Sq Ft
03/30/2016 03/30/16 Price Changed $440,000 -2.2% $179 / Sq Ft
02/18/2016 02/18/16 Price Changed $450,000 -5.3% $183 / Sq Ft
02/01/2016 02/01/16 For Sale $475,000 -- $193 / 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 $3,385 $35,007 -- --
2024 $3,412 $33,340 -- --
2023 $3,412 $56,100 $11,220 $44,880
2022 $3,377 $43,630 $8,720 $34,910
2021 $3,387 $41,070 $8,210 $32,860
2020 $3,283 $38,060 $7,610 $30,450
2019 $2,820 $36,550 $7,310 $29,240
2018 $2,717 $33,620 $6,720 $26,900
2017 $2,612 $28,070 $5,610 $22,460
2016 $2,571 $26,680 $5,330 $21,350
2015 $2,385 $25,730 $5,140 $20,590
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stacie Granger

    Compass

    (602) 432-3305

    3 in this area

    31 Total Sales

    Stacie Granger
    Section Image

  • K

    Buyer's Agent in 2021

    Kelly Hobrock

    Russ Lyon Sotheby's International Realty

    (480) 600-9551

    2 in this area

    17 Total Sales

    Kelly Hobrock
    Section Image

  • P

    Seller's Agent in 2020

    Peggy Murrietta

    HomeSmart

  • Robyn Viktor

    Seller's Agent in 2016

    Robyn Viktor

    West USA Realty

    (480) 630-6016

    13 in this area

    157 Total Sales

    Robyn Viktor
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6289955

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-65-174

Arizona Maricopa County Scottsdale 85254 Paradise Valley Village

5311 E Gelding Dr, Scottsdale, AZ

This home is located at 5311 E Gelding Dr, Scottsdale, AZ 85254 since 10 September 2021 and is currently estimated at $965,952, approximately $383 per square foot. This property was built in 1977. 5311 E Gelding Dr is a home located in Maricopa County with nearby schools including Liberty Elementary School, Sunrise Middle School, and Horizon 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

Nearby Homes