Seller's Agent in 2015
Joan Levinson
Realty One Group
(480) 543-0006
87 in this area
124 Total Sales
5347 E Royal Palm Rd Paradise Valley, AZ 85253
Estimated Value: $5,528,421 - $7,321,000
5
Beds
5.5
Baths
7,313
Sq Ft
$912/Sq Ft
Est. Value
Highlights
- Guest House
- Private Pool
- Mountain View
- Cherokee Elementary School Rated A
- Two Primary Bathrooms
- Fireplace in Primary Bedroom
About This Home
As of June 2020Reintroducing this magical estate . The essence of Montecito with the elegance of Santa Barbara meet in this one of a kind , timeless estate. Privately gated with the highest caliber finishes, the iron balconies with walkout verandas add to the romance. Enter through a Peruvian wood door to a great room with cross cut canterra and ancient stone floors with inlaid marble. Sheer receding doors and magnificent beams. 8 unique fireplaces, one with 300 yr old limestone and another with reclaimed queen creek adobe. The most beautiful master suite opens to a private patio. Guest home is charming with trestle beam ceiling and hand made tiles. Lush landscape, large grass areas, spectacular courtyard with private pool and spa plus dog run. Crestron system. Just one room on the second level.
Last Agent to Sell the Property
Laura Lee Cahal
Compass License #SA529556000 Listed on: 10/04/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,801
Year Built
- Built in 2008
Lot Details
- 1.1 Acre Lot
- Wrought Iron Fence
- Block Wall Fence
- Artificial Turf
- Corner Lot
- Front and Back Yard Sprinklers
- Private Yard
- Grass Covered Lot
- Land Lease
Parking
- 4 Car Garage
Home Design
- Wood Frame Construction
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 7,313 Sq Ft Home
- 2-Story Property
- Two Way Fireplace
- Gas Fireplace
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Mountain Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Two Primary Bathrooms
- Primary Bathroom is a Full Bathroom
- 5.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
- Bathtub With Separate Shower Stall
Pool
- Private Pool
- Spa
Outdoor Features
- Balcony
- Covered Patio or Porch
- Outdoor Fireplace
- Built-In Barbecue
Additional Homes
- Guest House
Schools
- Cherokee Elementary School
- Cocopah Middle School
- Chaparral High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by RP ARIZONA
- Turquoise Hills Subdivision
Listing and Financial Details
- Tax Lot 39
- Assessor Parcel Number 168-65-032
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 1, 2021
Sold by
Schultz Family Trust and Schultz Kenneth M
Bought by
Schultz Miller Trust and Schultz
Current Estimated Value
Purchase Details
Listed on
Oct 4, 2019
Closed on
May 28, 2020
Sold by
Wdw Royal Palm Investments Llc
Bought by
Schultz Kenneth M and Schultz Family Trust
Seller's Agent
Laura Lee Cahal
Compass
Buyer's Agent
Laura Lee Cahal
Compass
List Price
$4,900,000
Sold Price
$4,600,000
Premium/Discount to List
-$300,000
-6.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$2,500,000
Interest Rate
2.37%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 18, 2015
Closed on
Dec 14, 2015
Sold by
R P Arizona Investments Llc
Bought by
Wdw Royal Palm Property Llc
Seller's Agent
Joan Levinson
Realty ONE Group
Buyer's Agent
Laura Lee Cahal
Compass
List Price
$4,350,000
Sold Price
$4,350,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.27%
Original Mortgage
$3,045,000
Interest Rate
3.9%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 5, 2009
Sold by
Harvey William R
Bought by
R P Arizona Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,399,000
Interest Rate
1.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 24, 2006
Sold by
Harvey Ray
Bought by
R P Arizona Investments Llc
Purchase Details
Closed on
Feb 8, 2006
Sold by
Gullion Michael
Bought by
Harvey Ray and Harvey Kay
Purchase Details
Closed on
Mar 17, 2005
Sold by
Thoeny Edwina C
Bought by
Thoeny Mark John
Purchase Details
Closed on
Dec 10, 2004
Sold by
Powell John
Bought by
Gullion Michael W and Thoeny Mark John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 27, 2002
Sold by
Powell John
Bought by
Powell John and Powell Margo L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,633
Interest Rate
6.28%
Purchase Details
Closed on
May 28, 2002
Sold by
Powell John
Bought by
Powell John and Powell Margo L
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schultz Miller Trust | -- | None Listed On Document | |
| Schultz Kenneth M | $4,600,000 | Old Republic Title Agency | |
| Wdw Royal Palm Property Llc | $4,350,000 | Old Republic Title Agency | |
| R P Arizona Investments Llc | -- | Accommodation | |
| Harvey William R | -- | Fidelity Natl Title Ins Co | |
| R P Arizona Investments Llc | -- | None Available | |
| Harvey Ray | $1,250,000 | Equity Title Agency Inc | |
| Thoeny Mark John | -- | Transnation Title | |
| Gullion Michael W | -- | Transnation Title | |
| Gullion Michael W | $1,010,000 | Transnation Title | |
| Powell John | -- | First American Title Ins Co | |
| Powell John | -- | -- | |
| Powell John | -- | -- | |
| Powell John | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schultz Kenneth M | $2,500,000 | |
| Previous Owner | Wdw Royal Palm Property Llc | $3,045,000 | |
| Previous Owner | Harvey William R | $2,399,000 | |
| Previous Owner | Gullion Michael W | $808,000 | |
| Previous Owner | Powell John | $94,633 | |
| Closed | Gullion Michael W | $101,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/06/2020 06/06/20 | Sold | $4,600,000 | -6.1% | $629 / Sq Ft | |
| 04/27/2020 04/27/20 | Pending | -- | -- | -- | |
| 01/25/2020 01/25/20 | For Sale | $4,900,000 | +6.5% | $670 / Sq Ft | |
| 01/25/2020 01/25/20 | Off Market | $4,600,000 | -- | -- | |
| 10/04/2019 10/04/19 | For Sale | $4,900,000 | +12.6% | $670 / Sq Ft | |
| 12/31/2015 12/31/15 | Sold | $4,350,000 | 0.0% | $595 / Sq Ft | View Prior Sale |
| 11/18/2015 11/18/15 | For Sale | $4,350,000 | -- | $595 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $18,224 | $320,201 | -- | -- |
| 2024 | $17,964 | $304,953 | -- | -- |
| 2023 | $17,964 | $348,020 | $69,600 | $278,420 |
| 2022 | $17,208 | $283,770 | $56,750 | $227,020 |
| 2021 | $18,331 | $263,430 | $52,680 | $210,750 |
| 2020 | $18,373 | $253,070 | $50,610 | $202,460 |
| 2019 | $17,801 | $242,110 | $48,420 | $193,690 |
| 2018 | $17,301 | $232,970 | $46,590 | $186,380 |
| 2017 | $17,545 | $234,110 | $46,820 | $187,290 |
| 2016 | $18,274 | $240,550 | $48,110 | $192,440 |
| 2015 | $17,307 | $240,550 | $48,110 | $192,440 |
Source: Public Records
Agents Affiliated with this Home
-
Joan Levinson
-
Laura Lee Cahal
Buyer's Agent in 2015
Laura Lee Cahal
Compass
(602) 770-6576
16 in this area
56 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5987232
APN: 168-65-032
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.
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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