NOT LISTED FOR SALE

5501 E Karen Dr Scottsdale, AZ 85254

Paradise Valley Village Neighborhood

Estimated Value: $854,627 - $915,000

4 Beds
2 Baths
2,307 Sq Ft
$384/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $695,000 $301 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,204/month

Highlights

  • Private Pool
  • Spanish Architecture
  • Eat-In Kitchen
  • Liberty Elementary School Rated A
  • No HOA
  • Kitchen Island

About This Home

As of December 2021

Lovely 4 Bedroom, 2 Bath home with private pool & spa. 3 Car Garage. Great Location, close to everything.

Last Agent to Sell the Property

Michael Bennett

Best Homes Real Estate License #SA681409000 Listed on: 10/18/2021

Best Homes Real Estate

Last Buyer's Agent

Trevor Halpern

eXp Realty License #SA641502000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,829

Year Built

  • Built in 1993

Lot Details

  • 8,623 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 3 Car Garage

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,307 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Pool

  • Private Pool
  • Spa

Schools

  • Liberty Elementary School
  • Sunrise Middle School
  • Horizon High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Shea Homes
  • Diamond Point By Shea Homes Lot 1 120 Tr A D Subdivision

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 215-66-513

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,829

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Greenway & 56th
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1993
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: From Greenway, South on 54th to Karen. Home to immediate East.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: DIAMOND POINT BY SHEA HOMES LOT 1-120 TR A-D
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 2307.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • 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: Liberty Elementary School
  • High School: Horizon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Sunrise Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8623.0
  • Parcel #: 215-66-513

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Annual Amount: 4829.0
  • Tax Book Number: 215.00
  • Tax Lot: 102
  • Tax Map Number: 66.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Nov 29, 2021
Sold by
Moats Catherine J
Bought by
Stevenson Kimberly and Stevenson Turner Ladd
Seller's Agent
Michael Bennett
Best Homes Real Estate
Buyer's Agent
Trevor Halpern
eXp Realty
List Price
$699,000
Sold Price
$695,000
Premium/Discount to List
-$4,000
-0.57%
Current Estimated Value
$924,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,224
Avg. Annual Appreciation
6.46%
Original Mortgage
$486,500
Outstanding Balance
$447,332
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$439,325

Purchase Details

Closed on
Mar 30, 2017
Sold by
Murry Wayne L
Bought by
Murray Wayne L and Moats Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.15%
Mortgage Type
New Conventional
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
Stevenson Kimberly $695,000 Chicago Title Agency Inc
Murray Wayne L -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevenson Kimberly $486,500
Previous Owner Murray Wayne L $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $695,000 -0.6% $301 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $699,000 -- $303 / 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 $3,826 $37,439 -- --
2024 $4,265 $35,656 -- --
2023 $4,265 $62,070 $12,410 $49,660
2022 $4,222 $48,270 $9,650 $38,620
2021 $4,829 $43,230 $8,640 $34,590
2020 $3,509 $40,600 $8,120 $32,480
2019 $3,525 $39,070 $7,810 $31,260
2018 $3,396 $36,400 $7,280 $29,120
2017 $3,244 $35,310 $7,060 $28,250
2016 $3,192 $33,710 $6,740 $26,970
2015 $2,962 $33,230 $6,640 $26,590
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Bennett

    Best Homes Real Estate

    (480) 654-6900

    1 in this area

    18 Total Sales

    Michael Bennett
    Section Image
  • Trevor Halpern

    Buyer's Agent in 2021

    Trevor Halpern

    eXp Realty

    (602) 595-4200

    12 in this area

    182 Total Sales

    Trevor Halpern
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6308733

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-66-513

Arizona Maricopa County Scottsdale 85254 Paradise Valley Village

5501 E Karen Dr, Scottsdale, AZ

This home is located at 5501 E Karen Dr, Scottsdale, AZ 85254 since 18 October 2021 and is currently estimated at $886,657, approximately $384 per square foot. This property was built in 1993. 5501 E Karen Dr is a home located in Maricopa County with nearby schools including Liberty Elementary School, Sunrise Middle School, and Horizon 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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