NOT LISTED FOR SALE

5339 E Cortez Dr Scottsdale, AZ 85254

Paradise Valley Neighborhood

Estimated Value: $2,455,000 - $3,731,639

7 Beds
5.5 Baths
6,104 Sq Ft
$475/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $2,470,000 $405 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $16,575/month

66 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Vaulted Ceiling
  • Sequoya Elementary School Rated A
  • 0.81 Acre Lot
  • Outdoor Fireplace

About This Home

As of June 2023

Fantastic estate in one of the most popular communities in The Valley. These estate sized lots in an area of continued improvement & investment bode well for the future owner. The home lends itself to tremendous flexibility with 7 bedrooms & 5.5 baths along w/flex spaces which can be a theatre, game area, studio or workout space. The 6100+ sq ft provides an open kitchen to living/entertaining area as well as formal living & dining rooms. The options are endless and on a .8 acre lot you can do more if needed. This manicured community has tremendous luxury homes while not dealing with a limiting HOA. The backyard has an expansive diving pool, full length paver patio, grilling island & firepit. Highly rated schools and new commercial projects within a mile make this a HOMERUN!

Last Agent to Sell the Property

Lloyd Fox

1912 Realty Brokerage Phone: 602-418-1153 License #BR529637000 Listed on: 01/19/2023

Last Buyer's Agent

Mihaela Phillips

West USA Realty License #SA698081000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,101

Year Built

  • Built in 1977

Lot Details

  • 0.81 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

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

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,104 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows

Kitchen

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

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Hallway
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Multiple Entries or Exits
  • Stepless Entry
  • Raised Toilet
  • Hard or Low Nap Flooring

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Storage
  • Built-In Barbecue
  • Playground

Schools

  • Sequoya Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Las Haciendas Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 167-54-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,101

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Cross Street: 56th Street and Shea
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1977
  • Tax Year: 2022
  • Directions: North on 56th Street to Cortez and West to home at intersection of 54th Street and Cortez (SW Corner)
  • Attribution Contact: 602-418-1153
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.81
  • Subdivision Name: LAS HACIENDAS
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Accessibility Features: Accessible Door 32in+ Wide, Zero-Grade Entry, Mltpl Entries/Exits, Hard/Low Nap Floors, Bath Raised Toilet, Accessible Hallway(s)
  • Possible Bedrooms: 9
  • Total Bedrooms: 7
  • Fireplace Features: Fire Pit, 1 Fireplace, Exterior Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 6104.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane, ENERGY STAR Qualified Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Other, Private Yard, Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up, Foam
  • 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:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Other6: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking, Garage Door Opener, Extended Length Garage, Circular Driveway, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Fire Sprinkler System
  • 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: Sequoya 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: 35228.0
  • Parcel #: 167-54-010

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 8101.0
  • Tax Book Number: 167.00
  • Tax Lot: 9
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Jun 1, 2023
Sold by
Morrison Bennett Family Trust
Bought by
North Scottsdale Place Llc
Seller's Agent
Lloyd Fox
1912 Realty
Buyer's Agent
Mihaela Phillips
West USA Realty
List Price
$2,550,000
Sold Price
$2,470,000
Premium/Discount to List
-$80,000
-3.14%
Views
235
Current Estimated Value
$2,900,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,410
Avg. Annual Appreciation
6.99%
Original Mortgage
$1,463,239
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2018
Sold by
Morrison David M
Bought by
Morrison David and Bennett Heather

Purchase Details

Closed on
Jan 13, 2004
Sold by
Morrison Leesa
Bought by
Morrison David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
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
North Scottsdale Place Llc $2,470,000 First American Title Insurance
Morrison David -- None Available
Morrison David M -- Tsa Title Agency
Morrison David M $465,000 Tsa Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Scottsdale Place Llc $1,046,000
Closed North Scottsdale Place Llc $1,463,239
Closed North Scottsdale Place Llc $1,021,000
Previous Owner Morrison David M $376,000
Previous Owner Morrison David M $250,000
Previous Owner Morrison David M $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $2,470,000 -3.1% $405 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $2,550,000 -- $418 / 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 $9,258 $117,797 -- --
2024 $9,072 $112,188 -- --
2023 $9,072 $187,650 $37,530 $150,120
2022 $8,101 $146,360 $29,270 $117,090
2021 $8,418 $134,160 $26,830 $107,330
2020 $8,285 $124,750 $24,950 $99,800
2019 $7,953 $123,410 $24,680 $98,730
2018 $7,625 $113,130 $22,620 $90,510
2017 $8,205 $93,830 $18,760 $75,070
2016 $7,978 $92,530 $18,500 $74,030
2015 $7,264 $90,460 $18,090 $72,370
Source: Public Records

Agents Affiliated with this Home

  • Lloyd Fox

    Seller's Agent in 2023

    Lloyd Fox

    1912 Realty

    (602) 418-1153

    18 in this area

    153 Total Sales

    Lloyd Fox
    Section Image
  • Mihaela Phillips

    Buyer's Agent in 2023

    Mihaela Phillips

    West USA Realty

    (602) 942-4200

    15 in this area

    49 Total Sales

    Mihaela Phillips
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6509776

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-54-010

Arizona Maricopa County Scottsdale 85254 Paradise Valley

5339 E Cortez Dr, Scottsdale, AZ

This home is located at 5339 E Cortez Dr, Scottsdale, AZ 85254 since 19 January 2023 and is currently estimated at $2,900,410, approximately $475 per square foot. This property was built in 1977. 5339 E Cortez Dr is a home located in Maricopa County with nearby schools including Sequoya Elementary School, Cocopah Middle School, and Chaparral 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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