NOT LISTED FOR SALE

5437 E Cortez Dr Scottsdale, AZ 85254

Paradise Valley Village Neighborhood

Estimated Value: $2,788,000 - $3,239,460

6 Beds
7 Baths
5,500 Sq Ft
$557/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $2,850,000 $518 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $16,793/month

86 Days on Market

Highlights

  • Guest House
  • Heated Pool
  • 0.81 Acre Lot
  • Sequoya Elementary School Rated A
  • RV Access or Parking
  • Family Room with Fireplace

About This Home

As of November 2021

This stunning home has MAJOR curb appeal! With 5 luxury bedrooms, 6 bath, private 1 bed, 1 bath casita and on 0.81 acre lot - this home is full of WOW factors! Surrounded by immaculate manicured landscaping. Enter into the large living room, with a beautiful fireplace, open to the eating area and spectacular eat-in gourmet kitchen, decked with stainless steal appliances, walk-in-pantry and extravagant island. Enjoy your dining in your formal dining room, connected to a private kitchenette; perfect for entertaining. Have fun in the family/game room with dining area. Alluring wood floors, abundance of natural light, grand doorway and window details throughout this masterpiece. Retreat to your own personal resort-style backyard, adorned with a sparkling pebbletec pool, outdoor adobe fireplace, covered patio and plenty of space for lounging or entertaining. Don't miss the large guest house with a full kitchen. Your dream home is waiting for YOU!

Last Agent to Sell the Property

Laina Ackerman

eXp Realty License #SA523045000 Listed on: 06/30/2021

eXp Realty

Last Buyer's Agent

Dave Messner

Realty ONE Group License #BR025968000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,308

Year Built

  • Built in 1973

Lot Details

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

Parking

  • 6 Car Garage
  • 4 Open Parking Spaces
  • Tandem Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,500 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Tile Flooring
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

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

Pool

  • Heated Pool
  • Fence Around Pool
  • Pool Pump
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • Sequoya Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Guest House

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Vista Hermosa Unit 1 Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 167-55-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,308

Year Built

Built in 1973

Lot Details

0

Parking

6

Listing Details

  • Cross Street: Cactus Rd & 56th St
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2019
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2019
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2019
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2019
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2019
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2019
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2019
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2020
  • Directions: south on 56th street, west on Cortez to this amazing home!
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.81
  • Subdivision Name: VISTA HERMOSA UNIT 1
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 7
  • Total Bedrooms: 6
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, No Interior Steps, Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5500.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Diving Pool, Fenced, Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Tandem Garage, RV Access/Parking, RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: 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: Sequoya 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: 35379.0
  • Parcel #: 167-55-014

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 6308.0
  • Tax Book Number: 167.00
  • Tax Lot: 13
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Oct 6, 2021
Sold by
Jennings Ariyana Jade Jennifer Saint
Bought by
Wallach Stephan R and Wallach Michelle G
Seller's Agent
Laina Ackerman
eXp Realty
Buyer's Agent
Dave Messner
Realty ONE Group
List Price
$3,200,000
Sold Price
$2,850,000
Premium/Discount to List
-$350,000
-10.94%
Current Estimated Value
$3,065,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,615
Avg. Annual Appreciation
1.88%
Original Mortgage
$2,050,000
Outstanding Balance
$1,869,409
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,196,206

Purchase Details

Listed on
Mar 30, 2021
Closed on
Apr 23, 2021
Sold by
Bgrs Llc
Bought by
Jennifer Ariyana Jade
Seller's Agent
Stephanie Altdoerffer
Arizona Best Real Estate
Buyer's Agent
Laina Ackerman
eXp Realty
List Price
$2,300,000
Sold Price
$2,580,000
Premium/Discount to List
$280,000
12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.66%

Purchase Details

Listed on
Sep 22, 2019
Closed on
Nov 18, 2019
Sold by
Scarbrough Michael E
Bought by
Keyser Jonathan and Keyser Emma
Seller's Agent
Bobby Lieb
HomeSmart
Buyer's Agent
Stephanie Altdoerffer
Arizona Best Real Estate
List Price
$1,950,000
Sold Price
$1,730,000
Premium/Discount to List
-$220,000
-11.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.51%
Original Mortgage
$1,384,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2012
Closed on
Apr 11, 2013
Sold by
Scarbrough Beth Anne
Bought by
Scarbrough Michael E
Seller's Agent
JoAnn Callaway
eXp Realty
Buyer's Agent
Kurt Maes
Realty ONE Group
List Price
$575,000
Sold Price
$502,125
Premium/Discount to List
-$72,875
-12.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.58%
Original Mortgage
$50,162
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 20, 2012
Closed on
Apr 4, 2013
Sold by
Deimeke Kenneth J
Bought by
Scarbrough Michael E
Seller's Agent
JoAnn Callaway
eXp Realty
Buyer's Agent
Kurt Maes
Realty ONE Group
List Price
$575,000
Sold Price
$502,125
Premium/Discount to List
-$72,875
-12.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,162
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 8, 2005
Sold by
Deimeke Cathy R
Bought by
Deimeke Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 18, 2005
Sold by
Dembinski Leo J
Bought by
Deimeke Kenneth J and Deimeke Cathy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Interest Rate
5.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wallach Stephan R $2,850,000 Security Title Agency Inc
Jennifer Ariyana Jade $2,580,000 First American Title
Bgrs Llc -- First American Title
Keyser Jonathan $1,730,000 Chicago Title Agency
Scarbrough Michael E -- Chicago Title Agency
Scarbrough Michael E -- Fidelity National Title Agen
Scarbrough Michael E $502,125 Fidelity National Title Agen
Deimeke Kenneth J -- Transnation Title
Deimeke Kenneth J $765,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallach Stephan R $2,050,000
Previous Owner Keyser Jonathan $1,384,000
Previous Owner Scarbrough Michael E $50,162
Previous Owner Scarbrough Michael E $401,700
Previous Owner Scarbrough Michael E $401,700
Previous Owner Deimeke Kenneth J $573,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $2,850,000 -5.0% $518 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/02/2021 09/02/21 Price Changed $3,000,000 -4.8% $545 / Sq Ft
07/23/2021 07/23/21 Price Changed $3,150,000 -1.6% $573 / Sq Ft
06/30/2021 06/30/21 For Sale $3,200,000 +24.0% $582 / Sq Ft
04/23/2021 04/23/21 Sold $2,580,000 +12.2% $466 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $2,300,000 +32.9% $415 / Sq Ft
11/21/2019 11/21/19 Sold $1,730,000 -7.7% $313 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/19/2019 10/19/19 Price Changed $1,875,000 -3.8% $339 / Sq Ft
09/22/2019 09/22/19 For Sale $1,950,000 +288.3% $352 / Sq Ft
04/12/2013 04/12/13 Sold $502,125 -6.1% $160 / Sq Ft
02/20/2013 02/20/13 Price Changed $535,000 -2.7% $170 / Sq Ft
10/17/2012 10/17/12 Price Changed $550,000 -4.3% $175 / Sq Ft
07/20/2012 07/20/12 For Sale $575,000 -- $183 / 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 $6,482 $91,577 -- --
2024 $6,453 $87,216 -- --
2023 $6,453 $157,680 $31,530 $126,150
2022 $6,165 $117,910 $23,580 $94,330
2021 $7,011 $109,020 $21,800 $87,220
2020 $6,308 $101,060 $20,210 $80,850
2019 $4,889 $63,250 $12,650 $50,600
2018 $4,678 $58,410 $11,680 $46,730
2017 $4,471 $54,930 $10,980 $43,950
2016 $4,340 $52,630 $10,520 $42,110
2015 $3,943 $50,630 $10,120 $40,510
Source: Public Records

Agents Affiliated with this Home

  • Laina Ackerman

    Seller's Agent in 2021

    Laina Ackerman

    eXp Realty

    (480) 620-4771

    5 in this area

    52 Total Sales

    Laina Ackerman
    Section Image
  • Stephanie Altdoerffer

    Seller's Agent in 2021

    Stephanie Altdoerffer

    Arizona Best Real Estate

    (602) 363-9927

    8 in this area

    170 Total Sales

    Stephanie Altdoerffer
    Section Image

  • F

    Seller Co-Listing Agent in 2021

    Frederick Altdoerffer

    Arizona Best Real Estate

    6 in this area

    103 Total Sales

    Frederick Altdoerffer
    Section Image
  • Dave Messner

    Buyer's Agent in 2021

    Dave Messner

    Realty One Group

    (602) 526-5200

    5 in this area

    113 Total Sales

    Dave Messner
    Section Image

  • B

    Seller's Agent in 2019

    Bobby Lieb

    HomeSmart

    Section Image

  • J

    Seller's Agent in 2013

    JoAnn Callaway

    eXp Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6257865

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-55-014

Arizona Maricopa County Scottsdale 85254 Paradise Valley Village

5437 E Cortez Dr, Scottsdale, AZ

This home is located at 5437 E Cortez Dr, Scottsdale, AZ 85254 since 30 June 2021 and is currently estimated at $3,065,615, approximately $557 per square foot. This property was built in 1973. 5437 E Cortez Dr is a home located in Maricopa County with nearby schools including Sequoya 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

Nearby Homes