NOT LISTED FOR SALE

5402 E Royal Palm Rd Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $2,104,000 - $3,323,000

4 Beds
4 Baths
3,858 Sq Ft
$728/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $1,950,000 $505 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $15,798/month

11 Days on Market

Highlights

  • 1.01 Acre Lot
  • Mountain View
  • Vaulted Ceiling
  • Cherokee Elementary School Rated A
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of September 2021

Absolutely charming Paradise Valley home awaits its new owners. Sitting on a flat lot in a prime Paradise Valley location, the home offers direct views of Mummy Mountain and is a neighbor to numerous multi-million dollar homes. Home has been updated throughout the years to include a recent renovation of the kitchen. The large, enclosed backyard offers plenty of space for kids to play and large scale entertaining. Both front courtyard and backyard have outdoor fireplaces adding to the charm of the property. The home is extremely livable in it's current condition or could be remodeled or expanded for immediate equity.

Last Agent to Sell the Property

Walter Danley

Walt Danley Realty, LLC License #SA016756000 Listed on: 08/22/2021

Co-Listed By

Christy Dean

RETSY License #SA569080000

Last Buyer's Agent

Amy Gloyd

Jason Mitchell Real Estate License #SA583831000

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,600

Year Built

  • Built in 1963

Lot Details

  • 1.01 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Santa Fe Architecture
  • Spanish Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,858 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • 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
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Turquoise Hills Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 168-65-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,600

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Cross Street: East Mockingbird Lane and North 54th Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1963
  • Tax Year: 2020
  • Directions: From E. Mockingbird Lane, go south on N. 54th Street. Home will be several blocks up on your left at the corner of 54th Street and Royal Palm Road.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.01
  • Co List Office Mls Id: wdan01
  • Co List Office Phone: 602-295-7808
  • Subdivision Name: TURQUOISE HILLS
  • Architectural Style: Ranch, Spanish, Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, 3+ Fireplace, Exterior Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3858.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Playground, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • 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
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Circular Driveway
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: 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: 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: 43920.0
  • Parcel #: 168-65-019

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 6600.0
  • Tax Book Number: 168.00
  • Tax Lot: 26
  • Tax Map Number: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2021
Closed on
Sep 9, 2021
Sold by
Wright Bradley E and Dion Jaime A
Bought by
Royal Palm Pv Llc
Seller's Agent
Walter Danley
Walt Danley Realty, LLC
Buyer's Agent
Amy Gloyd
Jason Mitchell Real Estate
List Price
$1,700,000
Sold Price
$1,950,000
Premium/Discount to List
$250,000
14.71%
Current Estimated Value
$2,810,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$860,716
Avg. Annual Appreciation
10.79%
Original Mortgage
$1,306,241
Outstanding Balance
$1,193,752
Interest Rate
2.8%
Mortgage Type
Unknown
Estimated Equity
$1,716,819

Purchase Details

Closed on
Nov 14, 2005
Sold by
Gabel Barry H
Bought by
Wright Bradley E and Wright Jaime D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,625
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 5, 2002
Sold by
Gabel Barry H
Bought by
Gabel Barry H and Gabel Babbi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
5.95%

Purchase Details

Closed on
Jul 25, 2001
Sold by
Gabel Barry H
Bought by
Gabel Barry H and Gabel Babbi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%

Purchase Details

Closed on
Feb 9, 2000
Sold by
Gabel Barry H
Bought by
Gabel Barry H and Gabel Babbi L

Purchase Details

Closed on
Apr 28, 1998
Sold by
Solem Kurt R
Bought by
Gabel Barry H and Gabel Babbi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7%
Mortgage Type
New Conventional
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
Royal Palm Pv Llc $1,950,000 Old Republic Title Agency
Wright Bradley E $1,707,500 First American Title Ins Co
Gabel Barry H -- Capital Title Agency Inc
Gabel Barry H -- Capital Title Agency Inc
Gabel Barry H -- Capital Title Agency
Gabel Barry H -- Capital Title Agency
Gabel Barry H -- --
Gabel Barry H $555,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dion Jaime $1,306,241
Closed Dion Jaime $1,306,241
Previous Owner Wright Bradley E $1,068,478
Previous Owner Wright Bradley E $97,292
Previous Owner Wright Bradley Eugene $350,000
Previous Owner Wright Bradley E $100,000
Previous Owner Wright Bradley E $730,000
Previous Owner Wright Bradley E $1,280,625
Previous Owner Gabel Barry H $635,000
Previous Owner Gabel Barry H $650,000
Previous Owner Gabel Barry H $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $1,950,000 +14.7% $505 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $1,700,000 -- $441 / 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 $4,913 $83,572 -- --
2024 $6,865 $79,592 -- --
2023 $6,865 $131,500 $26,300 $105,200
2022 $6,585 $107,750 $21,550 $86,200
2021 $6,400 $97,410 $19,480 $77,930
2020 $6,600 $96,600 $19,320 $77,280
2019 $6,351 $91,460 $18,290 $73,170
2018 $6,116 $88,720 $17,740 $70,980
2017 $5,852 $88,680 $17,730 $70,950
2016 $5,717 $84,000 $16,800 $67,200
2015 $5,394 $84,000 $16,800 $67,200
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    Walter Danley

    Walt Danley Realty, LLC

  • Christy Dean

    Seller Co-Listing Agent in 2021

    Christy Dean

    RETSY

    (602) 327-0697

    3 in this area

    26 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    Amy Gloyd

    Jason Mitchell Real Estate

    (602) 410-8087

    7 in this area

    53 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6280116

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-65-019

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

5402 E Royal Palm Rd, Paradise Valley, AZ

This home is located at 5402 E Royal Palm Rd, Paradise Valley, AZ 85253 since 22 August 2021 and is currently estimated at $2,807,172, approximately $727 per square foot. This property was built in 1963. 5402 E Royal Palm Rd is a home located in Maricopa County with nearby schools including Cherokee 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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