NOT LISTED FOR SALE

5402 E Sapphire Ln Paradise Valley, AZ 85253

Estimated Value: $7,180,000 - $8,357,000

5 Beds
5.5 Baths
7,631 Sq Ft
$1,018/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $4,600,000 $603 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $42,618/month

331 Days on Market

Highlights

  • Play Pool
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Cherokee Elementary School Rated A
  • Mountain View
  • Contemporary Architecture

About This Home

As of May 2019

Spectacular new sleek contemporary Regal American Home now under construction in this quiet tucked away serene location at the base of Mummy Mtn. Dramatic mountain views from just about every window of this new stunner boasting soaring high ceilings, an open floor plan, & amazing indoor/outdoor living spaces. This custom beauty features the highest level of craftsmanship in construction along w/ state of the art technology. The chef's kitchen boasts a large island, custom cabinetry, top of the line Sub-Zero/Wolf/Asko appliances, marble counter tops & opens to the spacious great room. The great room features a 10 ft tall telescoping wall of glass that allows the entire inside of the home to live as outdoor spaces. Fabulous resort style backyard boasts a grand scale pool/spa/with water features. The master bedroom suite is a delight w/ a spectacular master bathroom featuring over the top marble finishes, huge walk-in shower, sep. stand alone tub & large sep. HIS/HER walk-in closets. The kids' wing of the home has 3 secondary ensuite bedrooms & a spacious game room.

Last Agent to Sell the Property

Kristen Ryan

RE/MAX Fine Properties License #SA524859000 Listed on: 01/31/2018

RE/MAX Fine Properties

Co-Listed By

Brian Keller

RE/MAX Fine Properties License #SA643426000

Last Buyer's Agent

Joe D' Anna

Realty ONE Group License #SA651604000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,430

Year Built

  • Built in 2019

Lot Details

  • 1.02 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • 8 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 7,631 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Security System Owned
  • Smart Home
  • Fire Sprinkler System

Accessible Home Design

  • No Interior Steps

Pool

  • Play Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Built by Regal American Homes LLC
  • Turquoise Hills 1B Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 168-65-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,430

Year Built

Built in 2019

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Mockingbird Ln & 56th St.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 8.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2019
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: From Mockingbird head south on 56th St. to Sapphire Ln. Then west on Sapphire Ln. to the home at 5402.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.02
  • Co List Office Mls Id: rmfp03
  • Co List Office Phone: 480-792-9500
  • Subdivision Name: TURQUOISE HILLS 1B
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Technology:Smart Home System: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), Eat-in Kitchen, Fire Sprinklers, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 7631.0
  • Stories: 1
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Electric Door Opener, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 8.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only, Gas Dryer Hookup
  • Security: Security System Owned
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 44493.0
  • Parcel #: 168-65-004
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Regal American Homes LLC

Tax Info

  • Tax Annual Amount: 3430.0
  • Tax Book Number: 168.00
  • Tax Lot: 11
  • Tax Map Number: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Zamora Katherine and Zamora Christopher J
Bought by
Zamora Christopher J
Current Estimated Value
$7,768,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,952,000
Outstanding Balance
$3,585,827
Interest Rate
2.9%
Estimated Equity
$4,182,673

Purchase Details

Listed on
Jan 31, 2018
Closed on
May 1, 2019
Sold by
Regal American Homes Llc
Bought by
Zamora Living Trust
Seller's Agent
Kristen Ryan
RE/MAX Fine Properties
Buyer's Agent
Joe D' Anna
Realty ONE Group
List Price
$4,600,000
Sold Price
$4,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%

Purchase Details

Closed on
Aug 17, 2017
Sold by
Bull Laurence S and Erlick Bull Ruth E
Bought by
Regal American Homes Llc

Purchase Details

Closed on
Nov 2, 2015
Sold by
Bull Laurence S and Erlick Bull Ruth E
Bought by
The Bull Family Trust

Purchase Details

Closed on
Jan 31, 1996
Sold by
Muller Anthony C and Muller Joyce Metz
Bought by
Bull Laurence S and Erlick Bull Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.04%
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
Zamora Christopher J -- Landmark Ttl Assurance Agcy
Zamora Christopher J $4,940,000 Landmark Ttl Assurance Agcy
Zamora Living Trust $4,600,000 Fidelity Natl Ttl Agcy Inc
Regal American Homes Llc $880,000 North American Title Company
The Bull Family Trust -- None Available
Bull Laurence S $267,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamora Christopher J $3,952,000
Previous Owner Bull Laurence S $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2019 05/14/19 Sold $4,600,000 0.0% $603 / Sq Ft
01/29/2018 01/29/18 For Sale $4,600,000 -- $603 / 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 $15,231 $269,284 -- --
2024 $15,012 $256,461 -- --
2023 $15,012 $443,010 $88,600 $354,410
2022 $14,376 $358,230 $71,640 $286,590
2021 $15,320 $319,670 $63,930 $255,740
2020 $15,219 $297,170 $59,430 $237,740
2019 $6,289 $125,900 $25,180 $100,720
2018 $3,768 $66,260 $13,250 $53,010
2017 $3,430 $54,910 $10,980 $43,930
2016 $3,345 $51,820 $10,360 $41,460
2015 $3,148 $51,820 $10,360 $41,460
Source: Public Records

Agents Affiliated with this Home

  • Kristen Ryan

    Seller's Agent in 2019

    Kristen Ryan

    RE/MAX

    (480) 688-2429

    17 in this area

    92 Total Sales

    Kristen Ryan
    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Brian Keller

    RE/MAX

  • J

    Buyer's Agent in 2019

    Joe D' Anna

    Realty One Group

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5716429

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-65-004

Arizona Maricopa County Paradise Valley 85253

5402 E Sapphire Ln, Paradise Valley, AZ

This home is located at 5402 E Sapphire Ln, Paradise Valley, AZ 85253 since 31 January 2018 and is currently estimated at $7,768,500, approximately $1,018 per square foot. This property was built in 2019. 5402 E Sapphire Ln 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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