NOT LISTED FOR SALE

5481 E Cortez Dr Scottsdale, AZ 85254

Paradise Valley Village Neighborhood

Estimated Value: $2,746,000 - $3,214,000

5 Beds
4 Baths
4,388 Sq Ft
$667/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $2,750,000 $627 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $16,086/month

148 Days on Market

Highlights

  • Play Pool
  • RV Access or Parking
  • Outdoor Fireplace
  • Sequoya Elementary School Rated A
  • 0.8 Acre Lot
  • Wood Flooring

About This Home

As of March 2022

6 car garage plus RV gate in Scottsdale Unified complete rebuild in 2017. Arcadia style meets modern in this soaring ceiling custom home. Sellers have completely redone most of the finishes to dial in perfection. Gourmet chefs kitchen with walk in pantry, 2 islands cascading into an entertainer's dream backyard. This resort yet low care oasis features pool with fountains, a custom covered Ramada with built-in BBQ, refrigerator, putting green, children's play area and 2-way fireplace. Grand master suite with his/her closets, double sinks, and custom tile. A full attached guesthouse with private entrance, full kitchen, living room and bedroom, insulated/ air conditioned garages. Total square feet under roof is over 7000. Close to shops, restaurants, valleys best golf, hiking & new PV mall!

Last Agent to Sell the Property

Katrina Barrett

Walt Danley Local Luxury Christie's International Real Estate Brokerage Phone: 520-403-5270 License #BR578628000 Listed on: 09/21/2021

Walt Danley Local Luxury Christie's International Real Estate

Last Buyer's Agent

Russell Mills

Close Pros License #SA577462000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,926

Year Built

  • Built in 2017

Lot Details

  • 0.8 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 6 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Tandem Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Reflective Roof
  • Concrete Roof
  • Metal Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,388 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps

Eco-Friendly Details

  • Energy Monitoring System
  • Mechanical Fresh Air

Pool

  • Play Pool
  • Pool Pump

Outdoor Features

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

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Propane
  • Tankless Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 167-55-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,926

Year Built

Built in 2017

Lot Details

0

Parking

6

Listing Details

  • Cross Street: 56th St and Cortez.
  • 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: 2017
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2017
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2017
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2017
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2017
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2017
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2017
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2017
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2017
  • Tax Year: 2021
  • Attribution Contact: 520-403-5270
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.8
  • Subdivision Name: VISTA HERMOSA UNIT 1
  • Architectural Style: Ranch
  • New Construction: No
  • Efficiency: Energy Audit, Fresh Air Mechanical, Multi-Zones
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Accessibility Features: Accessible Hallway(s)
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Exterior Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4388.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows
  • Kitchen Features:RangeOven Elec: 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:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Corner Lot, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Play Pool, Variable Speed Pump, Heated, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Reflective Coating, Tile, Concrete, Foam, Metal
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Complete Spec Home: Yes
  • Exterior Features:GazeboRamada: 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, Extended Length Garage, Direct Access, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks)
  • Security: Fire Sprinkler System
  • 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: 34825.0
  • Parcel #: 167-55-010

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Charleston

Tax Info

  • Tax Annual Amount: 5926.0
  • Tax Book Number: 167.00
  • Tax Lot: 9
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Mar 9, 2022
Sold by
A & A Trust
Bought by
Duncan Matthew
Seller's Agent
Katrina Barrett
Walt Danley Local Luxury Christie's International Real Estate
Buyer's Agent
Russell Mills
Close Pros
List Price
$2,750,000
Sold Price
$2,750,000
Current Estimated Value
$2,928,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,875
Avg. Annual Appreciation
1.80%
Original Mortgage
$2,000,000
Outstanding Balance
$1,872,071
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$1,056,804

Purchase Details

Listed on
Jun 24, 2017
Closed on
Aug 28, 2017
Sold by
Charlseton Properties Llc
Bought by
Woon Ryan David and Woon Sarah Jayne
Seller's Agent
Joalice Ryan
Realty ONE Group
Buyer's Agent
Katrina Barrett
Walt Danley Local Luxury Christie's International Real Estate
List Price
$1,500,000
Sold Price
$1,460,000
Premium/Discount to List
-$40,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.14%
Original Mortgage
$1,167,695
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 17, 2016
Closed on
May 17, 2016
Sold by
Cooper Eileen and Burt Sandra
Bought by
Charleston Properties Llc
Seller's Agent
Michelle Cruz
Success Property Brokers
Buyer's Agent
Joalice Ryan
Realty ONE Group
List Price
$499,000
Sold Price
$430,000
Premium/Discount to List
-$69,000
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
174.63%
Original Mortgage
$315,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 1994
Sold by
Milburn Robert
Bought by
Burt Helene
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
Duncan Matthew $2,750,000 New Title Company Name
Woon Ryan David $1,460,000 First American Title Insuran
Charleston Properties Llc $430,000 First American Title Ins Co
Burt Helene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan Matthew $2,000,000
Previous Owner Woon Ryan David $1,167,695
Previous Owner Charleston Properties Llc $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold $2,750,000 0.0% $627 / Sq Ft
01/19/2022 01/19/22 For Sale $2,750,000 0.0% $627 / Sq Ft
01/19/2022 01/19/22 Price Changed $2,750,000 0.0% $627 / Sq Ft
01/04/2022 01/04/22 Off Market $2,750,000 -- --
01/01/2022 01/01/22 For Sale $2,600,000 -5.5% $593 / Sq Ft
01/01/2022 01/01/22 Off Market $2,750,000 -- --
12/27/2021 12/27/21 For Sale $2,600,000 -5.5% $593 / Sq Ft
10/07/2021 10/07/21 Off Market $2,750,000 -- --
09/15/2021 09/15/21 For Sale $2,600,000 +78.1% $593 / Sq Ft
09/21/2017 09/21/17 Sold $1,460,000 -2.7% $333 / Sq Ft
06/24/2017 06/24/17 For Sale $1,500,000 +248.8% $342 / Sq Ft
07/06/2016 07/06/16 Sold $430,000 -8.5% $176 / Sq Ft
05/14/2016 05/14/16 Pending -- -- --
05/05/2016 05/05/16 Price Changed $470,000 -5.8% $192 / Sq Ft
04/17/2016 04/17/16 For Sale $499,000 -- $204 / 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 $6,699 $85,236 -- --
2024 $6,565 $81,177 -- --
2023 $6,565 $161,320 $32,260 $129,060
2022 $6,296 $116,980 $23,390 $93,590
2021 $5,926 $110,880 $22,170 $88,710
2020 $5,829 $98,230 $19,640 $78,590
2019 $5,589 $92,870 $18,570 $74,300
2018 $5,351 $40,530 $8,100 $32,430
2017 $3,281 $37,550 $7,510 $30,040
2016 $2,775 $35,920 $7,180 $28,740
2015 $2,552 $34,310 $6,860 $27,450
Source: Public Records

Agents Affiliated with this Home

  • Katrina Barrett

    Seller's Agent in 2022

    Katrina Barrett

    Walt Danley Local Luxury Christie's International Real Estate

    (520) 403-5270

    26 in this area

    440 Total Sales

    Katrina Barrett
    Section Image
  • Russell Mills

    Buyer's Agent in 2022

    Russell Mills

    Close Pros

    (480) 205-9855

    3 in this area

    265 Total Sales

    Russell Mills
    Section Image
  • Joalice Ryan

    Seller's Agent in 2017

    Joalice Ryan

    Realty One Group

    (480) 244-0055

    31 Total Sales

    Joalice Ryan
    Section Image
  • Michelle Cruz

    Seller's Agent in 2016

    Michelle Cruz

    Success Property Brokers

    (602) 312-3431

    2 in this area

    47 Total Sales

    Michelle Cruz
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6293936

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-55-010

Arizona Maricopa County Scottsdale 85254 Paradise Valley Village

5481 E Cortez Dr, Scottsdale, AZ

This home is located at 5481 E Cortez Dr, Scottsdale, AZ 85254 since 21 September 2021 and is currently estimated at $2,928,875, approximately $667 per square foot. This property was built in 2017. 5481 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

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