NOT LISTED FOR SALE

5401 E Mockingbird Ln Paradise Valley, AZ 85253

Estimated Value: $5,336,219 - $6,407,000

5 Beds
5.5 Baths
7,790 Sq Ft
$774/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $2,818,000 $362 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $33,091/month

166 Days on Market

Highlights

  • Heated Spa
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Cherokee Elementary School Rated A
  • Vaulted Ceiling
  • Santa Barbara Architecture

About This Home

As of October 2020

This gorgeous Paradise Valley home offers envious views of Mummy Mountain. Built by American Traditions, the home boasts 4 bedroom suites, guest quarters with kitchenette, split floor plan with children wing, wine room, butler's pantry, dual offices, all spanning nearly to 8,000 SF all on one level! Timeless, exquisite, hand-crafted details adorn this property from ceiling treatments to custom cabinetry. The backyard is an oasis with travertine pavers, side garage access, beautiful pool, elevated spa with fire pit and custom seating perfect for entertaining. Don't miss the master courtyard fireplace and fountain perfect for a relaxing evenings. SEE Motion Video under Photo Tab. Tenant rights, plan ahead to preview!! see MOTION VIDEO

Last Agent to Sell the Property

Frank Aazami

Compass License #SA581280000 Listed on: 02/26/2020

Compass

Co-Listed By

Bill Bulaga

Compass License #SA664974000

Last Buyer's Agent

Jake Crawford

eXp Realty License #SA646424000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,201

Year Built

  • Built in 2008

Lot Details

  • 1.01 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Misting System
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

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

Interior Spaces

  • 7,790 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps
  • Stepless Entry

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

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

Schools

  • Cherokee Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

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

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 168-65-039

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Ameican Traditions
  • Turquoise Hills Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,201

Year Built

Built in 2008

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Doubletree & 52nd Street
  • 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 Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Spa Private: Yes
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.01
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: Turquoise Hills
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Fireplace Features Freestnd Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Accessibility Features: Zero-Grade Entry, Accessible Hallway(s)
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Free Standing, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 7790.0
  • Stories: 1
  • Window Features: Dual Pane, Wood Frames
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Misting System, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front
  • Pool Features: Play Pool, Heated
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: 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:GazeboRamada: Yes
  • Exterior Features:Misting System: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener, Circular Driveway
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • 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: Cherokee 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: 43834.0
  • Parcel #: 168-65-039

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Ameican Traditions

Tax Info

  • Tax Annual Amount: 17201.0
  • Tax Book Number: 168.00
  • Tax Lot: 6
  • Tax Map Number: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Oct 5, 2020
Sold by
Mojaverian Majd Ali and Kobari Ghotbi Neda
Bought by
Re Anthony M and Re Agnieszka
Seller's Agent
Frank Aazami
Compass
Buyer's Agent
Jake Crawford
eXp Realty
List Price
$3,200,000
Sold Price
$2,818,000
Premium/Discount to List
-$382,000
-11.94%
Current Estimated Value
$6,026,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,208,740
Avg. Annual Appreciation
16.49%
Original Mortgage
$1,972,600
Outstanding Balance
$1,751,324
Interest Rate
2.8%
Estimated Equity
$4,275,416

Purchase Details

Closed on
Aug 13, 2009
Sold by
Nc Mockingbird Llc
Bought by
Mojaverian Majd Ali and Kobari Ghotbi Neda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,108,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2006
Sold by
Nc Mb54 Llc
Bought by
Nc Mockingbird Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
6.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 18, 2005
Sold by
Ticken Rebecca Hanna and Hanna Jeffrey T
Bought by
Nc Mb54 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2000
Sold by
Hanna Gerald E and Hanna Norma Jean
Bought by
Hanna Gerald E and Hanna Norma Jean
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
Re Anthony M $2,818,000 Great American Title Agency
Mojaverian Majd Ali $2,635,000 First American Title Ins Co
Nc Mockingbird Llc $1,400,000 Transnation Title Ins Co
Nc Mb54 Llc $900,000 Transnation Title
Hanna Gerald E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Re Anthony M $1,972,600
Previous Owner Mojaverian Majd Ali $2,108,000
Previous Owner Nc Mockingbird Llc $2,700,000
Previous Owner Nc Mb54 Llc $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $2,818,000 0.0% $362 / Sq Ft
08/18/2020 08/18/20 Off Market $2,818,000 -- --
08/10/2020 08/10/20 Pending -- -- --
06/07/2020 06/07/20 For Sale $3,200,000 +13.6% $411 / Sq Ft
03/28/2020 03/28/20 Off Market $2,818,000 -- --
02/26/2020 02/26/20 For Sale $3,200,000 -- $411 / 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 $12,161 $304,205 -- --
2024 $17,637 $289,719 -- --
2023 $17,637 $333,820 $66,760 $267,060
2022 $16,918 $274,100 $54,820 $219,280
2021 $17,985 $250,270 $50,050 $200,220
2020 $17,298 $238,720 $47,740 $190,980
2019 $16,938 $230,750 $46,150 $184,600
2018 $17,201 $235,560 $47,110 $188,450
2017 $16,501 $220,630 $44,120 $176,510
2016 $16,589 $226,630 $45,320 $181,310
2015 $15,709 $226,630 $45,320 $181,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6042017

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-65-039