NOT LISTED FOR SALE

5402 E Crocus Dr Scottsdale, AZ 85254

Paradise Valley Village Neighborhood

Estimated Value: $1,502,863 - $1,864,000

5 Beds
4.5 Baths
3,873 Sq Ft
$418/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $1,497,789 $387 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,153/month

43 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • 0.37 Acre Lot
  • Liberty Elementary School Rated A
  • Solar Power System
  • Vaulted Ceiling

About This Home

As of August 2022

5402 E CROCUS DR, Scottsdale, AZ 85254, Scottsdale living at it's finest. This is the ultimate property for relaxation and play. The property was outfitted with striking finishes and operates as an Airbnb. It is a perfect property to call home or to utilize as an investment. A few notable features are the an oversized heated pool, hot tub, paid-for solar panels to cut way down on utilities, soaring ceilings in the family room, an attached 4 car garage, a sport court, and a second family room in the basement. Property generated $220K in gross revenue in 2021 and a large profit to the owner after expenses, including professional management. Furniture available with separate bill of sale.

Last Agent to Sell the Property

Scott Porambo

Prime House LLC Brokerage Phone: 602-980-3446 License #BR036102000 Listed on: 05/24/2022

Last Buyer's Agent

Kevin Stark

Realty ONE Group License #SA634749000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,686

Year Built

  • Built in 1986

Lot Details

  • 0.37 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Open Parking Spaces
  • 4 Car Garage
  • 3 Carport Spaces
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,873 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • Eat-In Kitchen
  • Washer and Dryer Hookup
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating
  • Solar Power System

Pool

  • Private Pool
  • Diving Board
  • Above Ground Spa

Outdoor Features

  • Patio
  • Gazebo

Schools

  • Liberty Elementary School - Scottsdale
  • Desert Shadows Elementary Middle School
  • Horizon High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High-Efficiency Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 215-65-252-D

Community Details

Overview

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

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,686

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Cross Street: 56th St & Thunderbird
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2016
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 7.0
  • Separate Den Office Sep Den Office: N
  • Solar Panels Grid: On
  • Year Built: 1986
  • Tax Year: 2021
  • Directions: North to Acoma, West to 54th St, South to Acoma, home sits on the NE corner of Acoma and 54th St.
  • Attribution Contact: 602-980-3446
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.37
  • Subdivision Name: VILLAGE ESTATES
  • Architectural Style: Ranch
  • Efficiency: Solar Panels, Water Heater
  • Property Attached Yn: No
  • Tax Parcel Letter: D
  • ResoBuildingAreaSource: Appraiser
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Spa Features: Above Ground
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Central Vacuum, Furnished(See Rmrks), Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 3873.0
  • Stories: 1
  • Window Features: Vinyl Frame, ENERGY STAR Qualified Windows, Double Pane Windows
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Basement Description:Finished2: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Gazebo/Ramada, Patio, Sport Court(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Front, Gravel/Stone Back, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 7.0
  • Parking Features: RV Gate, RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 3.0
  • Garage Spaces: 4.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric, ENERGY STAR Qualified Equipment
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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 - Scottsdale
  • High School: Horizon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Desert Shadows Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16255.0
  • Parcel #: 215-65-252-D
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 6686.0
  • Tax Book Number: 215.00
  • Tax Lot: 11
  • Tax Map Number: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Aug 2, 2022
Sold by
Redstone Michael G and Redstone Linda
Bought by
Emgini Crocus Llc
Seller's Agent
Scott Porambo
Prime House LLC
Buyer's Agent
Kevin Stark
Realty ONE Group
List Price
$1,800,000
Sold Price
$1,497,789
Premium/Discount to List
-$302,211
-16.79%
Views
3
Current Estimated Value
$1,618,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,677
Avg. Annual Appreciation
2.46%
Original Mortgage
$1,198,231
Outstanding Balance
$1,147,982
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$470,484

Purchase Details

Listed on
Oct 25, 2019
Closed on
Dec 16, 2019
Sold by
Meyer Michelle L
Bought by
Meyer Haines
Seller's Agent
Mick Kapanicas
HomeSmart
Buyer's Agent
Mick Kapanicas
HomeSmart
List Price
$630,000
Sold Price
$630,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.00%
Original Mortgage
$472,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2019
Closed on
Dec 13, 2019
Sold by
Strati Michael and Starti Jennifer
Bought by
Meyer Haines
Seller's Agent
Mick Kapanicas
HomeSmart
Buyer's Agent
Mick Kapanicas
HomeSmart
List Price
$630,000
Sold Price
$630,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2011
Sold by
Sparks John
Bought by
Strati Michael and Strati Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,379
Interest Rate
4.62%
Mortgage Type
New Conventional
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
Emgini Crocus Llc -- --
Redstone Michael G $1,497,789 Driggs Title Agency
Meyer Haines -- Driggs Title Agency Inc
Meyer Haines $630,000 Driggs Title Agency Inc
Strati Michael $420,000 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redstone Michael G $1,198,231
Previous Owner Meyer Haines $472,500
Previous Owner Strati Michael $407,379
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2022 08/02/22 Sold $1,497,789 -6.4% $387 / Sq Ft
06/22/2022 06/22/22 Price Changed $1,600,000 -8.6% $413 / Sq Ft
06/15/2022 06/15/22 Price Changed $1,750,000 -2.8% $452 / Sq Ft
05/23/2022 05/23/22 For Sale $1,800,000 +185.7% $465 / Sq Ft
12/16/2019 12/16/19 Sold $630,000 0.0% $190 / Sq Ft View Prior Sale
10/25/2019 10/25/19 For Sale $630,000 -- $190 / 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 $6,878 $69,098 -- --
2024 $6,734 $65,807 -- --
2023 $6,734 $84,060 $16,810 $67,250
2022 $6,666 $64,270 $12,850 $51,420
2021 $6,686 $58,950 $11,790 $47,160
2020 $6,479 $57,070 $11,410 $45,660
2019 $5,888 $56,720 $11,340 $45,380
2018 $5,675 $55,170 $11,030 $44,140
2017 $5,415 $53,430 $10,680 $42,750
2016 $5,315 $51,820 $10,360 $41,460
2015 $4,877 $48,060 $9,610 $38,450
Source: Public Records

Agents Affiliated with this Home

  • Scott Porambo

    Seller's Agent in 2022

    Scott Porambo

    Prime House LLC

    (602) 980-3446

    13 in this area

    87 Total Sales

    Scott Porambo
    Section Image
  • Kevin Stark

    Buyer's Agent in 2022

    Kevin Stark

    Realty One Group

    (602) 904-1000

    15 in this area

    107 Total Sales

    Kevin Stark
    Section Image
  • Mick Kapanicas

    Seller's Agent in 2019

    Mick Kapanicas

    HomeSmart

    (602) 478-3805

    11 in this area

    49 Total Sales

    Mick Kapanicas
    Section Image
  • Melissa Kapanicas

    Seller Co-Listing Agent in 2019

    Melissa Kapanicas

    HomeSmart

    (602) 509-4306

    13 in this area

    50 Total Sales

    Melissa Kapanicas
    Section Image

  • S

    Buyer Co-Listing Agent in 2019

    Stuart McPherson

    Prime House LLC

    (602) 829-6302

    13 in this area

    23 Total Sales

    Stuart McPherson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6404885

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-65-252D

Arizona Maricopa County Scottsdale 85254 Paradise Valley Village

5402 E Crocus Dr, Scottsdale, AZ

This home is located at 5402 E Crocus Dr, Scottsdale, AZ 85254 since 24 May 2022 and is currently estimated at $1,618,466, approximately $417 per square foot. This property was built in 1986. 5402 E Crocus 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

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