NOT LISTED FOR SALE

5442 E Morrison Ln Paradise Valley, AZ 85253

Paradise Valley Area

Estimated Value: $4,358,912 - $5,482,000

5 Beds
6 Baths
5,278 Sq Ft
$944/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2012

Last sale price $1,822,500 $345 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $28,381 / mo

337 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • City Lights View
  • Kiva Elementary School Rated A
  • Sauna
  • Fireplace in Primary Bedroom

About This Home

As of April 2012

Fabulous Views and absolutely beautiful! Looks brand new! Hidden on a totally private lot on one of the nicest cul-de-sac streets on west side of Mummy Mtn. Fabulous views of rock outcroppings, mountain and city lights from expansive floor to ceiling windows face every direction. Open and light w/21' ceiling in living rm and 18' windows w/electronic shades. Kitchen with new stainless appliances and Poggenpohl cabinetry opens to family rm w/walls of glass and low sleek wet bar. Lrg seductive master w/exercise rm has views to captivate your senses. 6 fireplaces,intimate patios and balconies add to the enchantment. Charming 1 bdrm casita has living rm w/fireplace, kitchen and breakfast rm. Home and casita overlook a romantic pool/spa,waterfall,lush vegetation and mtns.No sign on property.

Last Agent to Sell the Property

Joan Levinson

Realty ONE Group License #SA020825000 Listed on: 02/18/2011

Realty ONE Group

Last Buyer's Agent

Craig Frank

HomeSmart Realty License #BR009246000

HomeSmart Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Desert Landscape

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 5,278 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Sauna
  • Security System Owned
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Separate Bedroom Exit
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Parking

  • 3 Car Garage
  • Garage Door Opener

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Additional Homes

  • Guest House
  • 751 SF Accessory Dwelling Unit

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro Elementary High School

Utilities

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

Community Details

  • $9,999 per year Dock Fee
  • Association fees include no fees
  • Built by Custom

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

1.06 Acres

Listing Details

  • Tax Municipality: Paradise Valley
  • Cross Street: Lincoln & Tatum
  • Legal Info Lot Number: 8
  • Property Type: A
  • Unit Style: Two Levels
  • Technology: Cable TV Avail, High Speed Internet Available, Security Sys Owned
  • Assessor Parcel Number: 59.00
  • Hundred Block: 7800
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst, Separate Bdrm Exit
  • Architecture: Contemporary
  • Assessor Parcel Number: 169-06-059
  • Construction Finish: Painted, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 56RDXPSAO3G
  • Energy Green Features: Multi-Zones
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2007
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2010
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2006
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2007
  • Map Code Grid: N36
  • Primary Bathroom Type: Bidet, Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub
  • Numberof Interior Levels: 2
  • Parking Spaces Garage Spaces: 3.00
  • Parking Spaces Total Covered Spaces: 3.00
  • Price per Sq Ft: 345.29
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1991
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Features: Central Vacuum, Vaulted Ceiling(s), Water Softener Lease, Wet Bar
  • Bedrooms: 5
  • Bedrooms Plus: 5.00
  • Other Rooms: Exercise/Sauna Room
  • Bathrooms: 6.00
  • Laundry: Inside
  • Fireplace: 3+ Fireplace, Fireplace Living Rm, Fireplace Master Bdr, Gas Fireplace
  • Master Bedroom Type: Split
  • Dining Area: Breakfast Bar, Eat-in Kitchen, Formal
  • Estimated Lot Sq Ft: 46141.00
  • Estimated Sq Ft: 5278.00
  • Kitchen Features: Built-in Microwave, Cook Top Gas, Dishwasher, Disposal, Refrigerator, Wall Oven(s)
  • Source Of Sq Ft: Appraiser

Exterior Features

  • Exterior Stories: 2
  • Pool: Private Only
  • Spa: Heated, Private
  • Landscaping: Desert Back, Desert Front, Yrd Wtring Sys Back, Yrd Wtring Sys Front
  • Roofing: Built-Up
  • Fencing: Block, Wrought Iron
  • Construction: Frame - Wood
  • Exterior Features: Balcony, Built-in BBQ, Covered Patio(s), Separate Guest House
  • Guest House Sq Ft: 751.00
  • Pool Private: Heated, Private

Garage/Parking

  • Parking Features: Electric Door Opener, Separate Strge Area

Utilities

  • Water: City Water
  • Utilities: APS, SW Gas
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas

Condo/Co-op/Association

  • Fee Include: No Fees

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro Elementary School
  • Jr High School: Mohave Middle School

Lot Info

  • Property Description: City Light View(s), Mountain View(s)

Building Info

  • Builder Name: Custom

Tax Info

  • Taxes: 9999.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2011
Closed on
Apr 11, 2012
Sold by
Bought by
Seller's Agent
Joan Levinson
Realty ONE Group
Buyer's Agent
Craig Frank
HomeSmart Realty
List Price
$2,395,000
Sold Price
$1,822,500
Premium/Discount to List
-$572,500
-23.9%
Current Estimated Value
$4,982,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,160,137
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Sep 17, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
0.0617%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
0.055%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
0.065%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
0.065%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,822,500 Chicago Title Agency Inc
-- Transnation Title Ins Co
-- Transnation Title Ins Co
-- Transnation Title Insurance
-- Transnation Title Insurance
-- --
$1,800,000 Security Title Agency
$1,500,000 Stewart Title & Trust
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,000,000
Previous Owner $1,100,000
Previous Owner $1,440,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/24/2012 04/24/12 Sold $1,822,500 -8.6% $345 / Sq Ft
06/20/2011 06/20/11 Price Changed $1,995,000 -16.7% $378 / Sq Ft
02/18/2011 02/18/11 For Sale $2,395,000 -- $454 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,247 $199,146
2024 $11,546 $189,663
2023 $11,546 $212,060 $42,410 $169,650
2022 $11,075 $172,030 $34,400 $137,630
2021 $11,832 $164,650 $32,930 $131,720
2020 $12,147 $162,020 $32,400 $129,620
2019 $12,131 $159,620 $31,920 $127,700
2018 $11,726 $152,610 $30,520 $122,090
2017 $11,425 $153,000 $30,600 $122,400
2016 $11,186 $140,380 $28,070 $112,310
2015 $10,763 $140,380 $28,070 $112,310
Source: Public Records

Agents Affiliated with this Home

  • Joan Levinson

    Seller's Agent in 2012

    Joan Levinson

    Realty One Group

    (480) 543-0006

    110 Total Sales

    Joan Levinson
    Section Image

  • C

    Buyer's Agent in 2012

    Craig Frank

    HomeSmart Realty

    (480) 443-7400

    1 Total Sale

    Craig Frank
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4540057

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-06-059

Arizona Maricopa County Paradise Valley 85253

5442 E Morrison Ln, Paradise Valley, AZ

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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