NOT LISTED FOR SALE

5419 E Sapphire Ln Paradise Valley, AZ 85253

Estimated Value: $5,755,000 - $6,822,000

5 Beds
6.5 Baths
8,530 Sq Ft
$728/Sq Ft Est. Value

Last Sold September 10, 2024

Last sale price $5,680,000 $666 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $34,660/month

105 Days on Market

Highlights

  • Heated Spa
  • Gated Parking
  • Fireplace in Primary Bedroom
  • Cherokee Elementary School Rated A
  • Mountain View
  • Vaulted Ceiling

About This Home

As of September 2024

THE ALLURE OF ITALIAN ENCHANTMENT WITH SPECTACULAR MOUNTAIN VIEWS!! AN ITALIAN VILLA EMBRACING ELEMENTS OF TRADITIONAL ARCHITECTURE ENHANCED BY A MODERN DAY PALETTE OF INSPIRATION!! A MAJESTIC, BESPOKE HOME WITH BARONIAL SPACES, EXTRAORDINARY CEILING HEIGHTS FRAMED BY ARCHES & COLUMNS WITH ENORMOUS WINDOWSCAPES, SEAMLESSLY BLENDING THE INDOORS WITH PICTURESQUE OUTDOOR VISTAS!! Enter through the grand entrance, immediately you are mesmerized by Mummy Mountain views! Wood inlay floors lead you towards the numerous reception areas consisting of living room, formal dining room, great room/ TV lounge with feature wet bar, informal dining area all opening to the wrap around terrace overlooking the most beautifully manicured backyard with large heated pool, spa & poolside casita. The tone is set for superb indoor/outdoor entertaining.

At the heart of the home is the gourmet inspired kitchen fully integrated with a plethora of Wolf/ Subzero appliances, large marble island & butlers pantry. Accommodation is remarkable with 5 en-suite bedrooms, split between 3 bedrooms & wood paneled office on one side, 2 bedroom guest suite & games room on the other just perfect for teenagers, in-laws or granny suite. The luxurious primary suite has it's own pajama lounge, a lavish en-suite bathroom with jacuzzi spa tub & his and hers closets.

Add in a giant laundry with center folding island, double washer/dryers, 4 car garage that leads to separate rec room ideal for home gym/ man cave & gated off street parking for many cars. LOCATED in highly sought after 3 C's Scottsdale School District! ENJOY A LIFESTYLE OF COMFORT IN AN ENVIRONMENT OF SHEER LUXURY & ELEGANCE...DESIGNED FOR A CONNOISSEUR OF FINE RESIDENCES!!

Last Agent to Sell the Property

Eve Treger

Vicsdale License #SA522565000 Listed on: 04/12/2024

Last Buyer's Agent

Cory Mishkin

Cambridge Properties License #SA525096000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,818

Year Built

  • Built in 2010

Lot Details

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

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking

Home Design

  • Room Addition Constructed in 2021
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 8,530 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Smart Home

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Catalina Homes
  • Turquoise Hills 1B Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 168-65-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,818

Year Built

Built in 2010

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Doubletree & 56th Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2021
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2010
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: South on 56th St, west on Sapphire Ln, property on south side of the street.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.01
  • Subdivision Name: TURQUOISE HILLS 1B
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: 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
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Possible Bedrooms: 8
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 8530.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane, Wood Frames
  • 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
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • View: Mountain(s)
  • 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, Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:GazeboRamada: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Gated, Garage Door Opener, Direct Access, Circular Driveway, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Mini Split, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks)
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • 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: 43838.0
  • Parcel #: 168-65-013

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Catalina Homes

Tax Info

  • Tax Annual Amount: 18818.0
  • Tax Book Number: 168.00
  • Tax Lot: 20
  • Tax Map Number: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Sep 5, 2024
Sold by
Linkside Investments Llc
Bought by
Chen Joseph and Yang Jing
Seller's Agent
Eve Treger
Vicsdale
Buyer's Agent
Cory Mishkin
Cambridge Properties
List Price
$6,495,000
Sold Price
$5,680,000
Premium/Discount to List
-$815,000
-12.55%
Views
66
Current Estimated Value
$6,213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,000
Avg. Annual Appreciation
8.74%
Original Mortgage
$3,657,550
Outstanding Balance
$3,618,793
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$2,594,207

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 4, 2021
Sold by
Cannon Thomas and William M Cannon Irrevocable D
Bought by
Linkside Investments Llc
Seller's Agent
Christopher Karas
Compass
Buyer's Agent
Eve Treger
Vicsdale
List Price
$4,900,000
Sold Price
$4,850,000
Premium/Discount to List
-$50,000
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Dec 30, 2011
Sold by
Cannon William M
Bought by
Cannon Thomas and William M Cannon Irrevocable Dynasty Tru

Purchase Details

Closed on
Jan 27, 2010
Sold by
Sapphire Home Llc
Bought by
Cannon William M and The William M Cannon Trust

Purchase Details

Closed on
Apr 5, 2006
Sold by
Mason Russell E
Bought by
Sappire Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,375,000
Interest Rate
6.35%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 5, 2005
Sold by
Park Place Investments #1 Llc
Bought by
Mason Russell E and Mason Julie D

Purchase Details

Closed on
Feb 24, 2005
Sold by
Mason Russell E
Bought by
Park Place Investments #1 Llc

Purchase Details

Closed on
Sep 29, 2004
Sold by
Maxson Edward J
Bought by
Mason Russell E and Mason Julie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Interest Rate
6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Chen Joseph $5,627,000 Wfg National Title Insurance C
Linkside Investments Llc $4,850,000 Wfg National Title Ins Co
Cannon Thomas -- None Available
Cannon William M $2,751,000 Equity Title Agency Inc
Sappire Home Llc $1,300,000 Transnation Title Ins Co
Mason Russell E $1,150,000 Transnation Title
Mason Russell E -- Transnation Title
Park Place Investments #1 Llc $1,150,000 Transnation Title
Mason Russell E $865,000 Great American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Joseph $3,657,550
Previous Owner Sappire Home Llc $3,375,000
Previous Owner Mason Russell E $692,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2024 09/10/24 Sold $5,680,000 -5.3% $666 / Sq Ft
07/27/2024 07/27/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $5,995,000 -7.7% $703 / Sq Ft
04/12/2024 04/12/24 For Sale $6,495,000 +33.9% $761 / Sq Ft
10/08/2021 10/08/21 Sold $4,850,000 -1.0% $610 / Sq Ft View Prior Sale
08/17/2021 08/17/21 For Sale $4,900,000 -- $617 / 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 $19,081 $324,574 -- --
2024 $18,818 $309,119 -- --
2023 $18,818 $361,380 $72,270 $289,110
2022 $18,051 $291,300 $58,260 $233,040
2021 $19,189 $273,200 $54,640 $218,560
2020 $19,067 $268,230 $53,640 $214,590
2019 $18,408 $249,070 $49,810 $199,260
2018 $17,724 $255,460 $51,090 $204,370
2017 $17,027 $225,300 $45,060 $180,240
2016 $16,671 $255,850 $51,170 $204,680
2015 $15,818 $255,850 $51,170 $204,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6690598

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-65-013