Seller's Agent in 2023
Christopher Karas
Compass
(602) 919-6511
111 in this area
311 Total Sales
5416 E Desert Jewel Dr Paradise Valley, AZ 85253
Estimated Value: $7,746,000 - $10,226,065
4
Beds
5
Baths
6,484
Sq Ft
$1,363/Sq Ft
Est. Value
Highlights
- Heated Pool
- Mountain View
- 3 Fireplaces
- Cherokee Elementary School Rated A
- Vaulted Ceiling
- No HOA
About This Home
As of March 2023Jaw dropping hillside new build with endless contemporary style and views. Brent Kendle design perched upon Mummy Mountain and overlooking PV, Scottsdale and even Downtown Phoenix. The stunning floating staircase greats you upon entry and directs your eye to the soaring ceilings, meticulous detail and abundance of natural light. Featuring 4 bedrooms, 5 bathrooms, office, wine room, elevator and 4 car garage, what more could you ask for? Chef's kitchen with double island, top of the line appliances, dual ovens and hidden walk-in pantry. Striking master bedroom with insane mountain views, fireplace, glamorous clothing closet and sleek master bathroom built right into the mountain which would rival any spa. Incredible backyard with negative edge pool, fire pit and unparalleled views!
Last Agent to Sell the Property
Compass License #SA555869000 Listed on: 03/01/2023
Last Buyer's Agent
Christopher Karas
Compass License #SA555869000
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,483
Year Built
- Built in 2019
Lot Details
- 1.09 Acre Lot
- Desert faces the front and back of the property
- Wrought Iron Fence
- Block Wall Fence
- Artificial Turf
- Front and Back Yard Sprinklers
- Sprinklers on Timer
Parking
- 4 Car Direct Access Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Foam Roof
- Block Exterior
- Stucco
Interior Spaces
- 6,484 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- 3 Fireplaces
- Double Pane Windows
- Low Emissivity Windows
- Mountain Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Microwave
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- 5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bidet
- Bathtub With Separate Shower Stall
Pool
- Heated Pool
- Spa
Outdoor Features
- Balcony
- Covered Patio or Porch
Schools
- Cochise Elementary School
- Cocopah Middle School
- Chaparral High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Vista Rica Subdivision
Listing and Financial Details
- Tax Lot 27
- Assessor Parcel Number 168-75-029
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2023
Closed on
Mar 30, 2023
Sold by
Don Dady Living Trust
Bought by
Desert Jewel Drive Llc
Seller's Agent
Christopher Karas
Compass
Buyer's Agent
Christopher Karas
Compass
List Price
$9,500,000
Sold Price
$9,150,000
Premium/Discount to List
-$350,000
-3.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$311,645
Avg. Annual Appreciation
-1.35%
Purchase Details
Listed on
Apr 12, 2021
Closed on
Mar 29, 2021
Sold by
Scherr Jason
Bought by
Dady Don and Don Dady Living Trust
Seller's Agent
Christopher Karas
Compass
Buyer's Agent
Christopher Karas
Compass
List Price
$7,500,000
Sold Price
$7,400,000
Premium/Discount to List
-$100,000
-1.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$4,810,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 28, 2016
Sold by
Scherr Melissa White
Bought by
Scherr Jason
Purchase Details
Closed on
Jun 15, 2012
Sold by
Seabluff Llc
Bought by
Hall Barrett Craig
Purchase Details
Closed on
Nov 23, 2011
Sold by
Paradise Jewel Llc
Bought by
Seabluff Llc
Purchase Details
Closed on
May 8, 2008
Sold by
Willowpoint Rancho Llc
Bought by
Paradise Jewel Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
6.04%
Mortgage Type
Unknown
Purchase Details
Closed on
May 31, 2007
Sold by
Hague Gregory D
Bought by
Willowpoint Rancho Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 15, 2007
Sold by
Lpc Investments Llc
Bought by
Hague Gregory D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 1, 2005
Sold by
Mattei Richard F
Bought by
Lpc 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
$600,000
Interest Rate
5.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 10, 1998
Sold by
Gillanders James E and Gillanders Diana Russell
Bought by
Mattei Richard F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.88%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Desert Jewel Drive Llc | $9,150,000 | Wfg National Title Insurance C | |
| Dady Don | $7,400,000 | Wfg National Title Ins Co | |
| Scherr Jason | -- | Old Republic Title Agency | |
| Scherr Jason | $625,000 | Old Republic Title Agency | |
| Hall Barrett Craig | $492,500 | Fidelity National Title Agen | |
| Seabluff Llc | $250,556 | None Available | |
| Paradise Jewel Llc | -- | Arizona Title Agency Inc | |
| Willowpoint Rancho Llc | -- | Arizona Title Agency Inc | |
| Hague Gregory D | $1,150,000 | Arizona Title Agency Inc | |
| Lpc Investments Llc | $885,000 | Tsa Title Agency | |
| Mattei Richard F | $320,000 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dady Don | $4,810,000 | |
| Previous Owner | Scherr Jason C | $675,000 | |
| Previous Owner | Scherr Jason | $1,500,000 | |
| Previous Owner | Paradise Jewel Llc | $862,500 | |
| Previous Owner | Willowpoint Rancho Llc | $862,500 | |
| Previous Owner | Hague Gregory D | $682,500 | |
| Previous Owner | Lpc Investments Llc | $600,000 | |
| Previous Owner | Mattei Richard F | $500,000 | |
| Previous Owner | Mattei Richard F | $220,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2023 03/30/23 | Sold | $9,150,000 | -3.7% | $1,411 / Sq Ft |
| 03/30/2023 03/30/23 | For Sale | $9,500,000 | +28.4% | $1,465 / Sq Ft |
| 03/01/2023 03/01/23 | Pending | -- | -- | -- |
| 04/12/2021 04/12/21 | Sold | $7,400,000 | -1.3% | $1,141 / Sq Ft |
| 04/12/2021 04/12/21 | Pending | -- | -- | -- |
| 04/12/2021 04/12/21 | For Sale | $7,500,000 | -- | $1,157 / 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 | $13,830 | $235,251 | -- | -- |
| 2024 | $13,639 | $224,049 | -- | -- |
| 2023 | $13,639 | $406,370 | $81,270 | $325,100 |
| 2022 | $12,483 | $307,560 | $61,510 | $246,050 |
| 2021 | $13,308 | $284,620 | $56,920 | $227,700 |
| 2020 | $8,455 | $142,875 | $142,875 | $0 |
| 2019 | $8,163 | $133,635 | $133,635 | $0 |
| 2018 | $7,859 | $155,370 | $155,370 | $0 |
| 2017 | $7,550 | $141,420 | $141,420 | $0 |
| 2016 | $7,393 | $134,880 | $134,880 | $0 |
| 2015 | $7,482 | $113,520 | $113,520 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Karas
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6537912
APN: 168-75-029
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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