NOT LISTED FOR SALE

5501 E Mockingbird Ln Paradise Valley, AZ 85253

Estimated Value: $3,247,000 - $5,341,000

5 Beds
6.5 Baths
5,325 Sq Ft
$821/Sq Ft Est. Value

Last Sold December 18, 2014

Last sale price $1,730,000 $325 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $24,003/month

3 Days on Market

Highlights

  • Heated Pool
  • Mountain View
  • Vaulted Ceiling
  • Cherokee Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Santa Barbara Architecture

About This Home

As of December 2014

Located in the heart of Paradise Valley this wonderful 5325 sf Mediterranean style home boasts incredible views of Mummy Mountain! Featuring an expansive split floor plan, this North/South facing family style home offers 5 ensuite bedrooms including the master wing with a library/office and a large master bath with his/hers closets. A perfect home for entertaining, this inviting home includes a great room, climate controlled wine room off the formal dining, a large kitchen with stainless steel appliances that open to the family room with access to a resort style backyard. The shaded patio areas overlook a pool/spa with water features, fountain, putting green, built-in barbecue with fabulous mountain vistas in the background!

Last Agent to Sell the Property

Walter Danley

Walt Danley Realty, LLC License #SA016756000 Listed on: 11/07/2014

Co-Listed By

Raquel Barbey

Walt Danley Realty, LLC

Last Buyer's Agent

Kamaljit Kaur

HomeSmart License #SA580787000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,713

Year Built

  • Built in 1998

Lot Details

  • 1.04 Acre Lot
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers

Parking

  • 5 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 5,325 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Gas Fireplace
  • Triple Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Smart Home

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Pool
  • Diving Board
  • Heated Spa

Outdoor Features

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

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by John Brown
  • Turquoise Hills Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 168-65-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,713

Year Built

Built in 1998

Lot Details

0

Parking

5

Listing Details

  • Cross Street: Tatum & Mockingbird
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Bathrooms Year Updated: 2008
  • Items Updated Kitchen Yr Updated: 2008
  • Items Updated Pool Yr Updated: 2009
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Spa Private: Yes
  • Tax Year: 2013
  • Directions: East on Mockingbird to home.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.04
  • Co List Office Mls Id: wdan01
  • Co List Office Phone: 480-991-2050
  • Subdivision Name: Turquoise Hills
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Technology:Smart Home System: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone
  • Spa Features: Heated, Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Fire Pit, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Physcl Chlgd (SRmks), Breakfast Bar, Central Vacuum, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Smart Home
  • Living Area: 5325.0
  • Stories: 1
  • Window Features: Triple Pane Windows
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Covered Patio(s), Playground, Misting System, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front
  • Pool Features: Diving Pool, Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Electric Door Opener, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 45093.0
  • Parcel #: 168-65-036
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: John Brown

Tax Info

  • Tax Annual Amount: 11713.0
  • Tax Book Number: 168.00
  • Tax Lot: 3
  • Tax Map Number: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2014
Closed on
Dec 15, 2014
Sold by
Weinberg Coral
Bought by
Garg Deepanshu and Gupta Smita
Seller's Agent
Walter Danley
Walt Danley Realty, LLC
Buyer's Agent
Kamaljit Kaur
HomeSmart
List Price
$1,795,000
Sold Price
$1,730,000
Premium/Discount to List
-$65,000
-3.62%
Current Estimated Value
$4,372,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,642,396
Avg. Annual Appreciation
8.96%
Original Mortgage
$1,124,500
Outstanding Balance
$863,894
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$3,508,502

Purchase Details

Closed on
Apr 12, 2013
Sold by
Quiet Coral
Bought by
Quiet Coral and Quiet Rays Trust

Purchase Details

Closed on
Aug 14, 2012
Sold by
Kuske Robert
Bought by
Quiet Coral

Purchase Details

Closed on
May 15, 2008
Sold by
Quiet Coral A and Kuske Robert
Bought by
Quiet Coral A and Kuske Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2007
Sold by
Quiet Coral A
Bought by
Quiet Coral A and Kuske Robert

Purchase Details

Closed on
Feb 21, 2006
Sold by
Johnston Matthew and Johnston Diane
Bought by
Quiet Coral A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,395,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2004
Sold by
Johnson Matthew M and Johnston Diane F
Bought by
Johnston Matthew and Johnston Diane

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
5.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 9, 2002
Sold by
Weidenkopf Thomas W and Weidenkopf Rebecca L
Bought by
Johnston Matthew M and Johnston Diane F

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
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 1999
Sold by
Brown John D and Brown Amanda S
Bought by
Weindenkopf Thomas W and Weindenkopf Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 1998
Sold by
Thompson Marc A and Thompson Joni D
Bought by
Brown John D and Brown Amanda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,075
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 1995
Sold by
Rosenbloom Donald and Rosenbloom Sally
Bought by
Thompson Marc A and Thompson Joni D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
9.28%
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
Garg Deepanshu $1,730,000 Metropolitan Title Agency Ll
Quiet Coral -- None Available
Quiet Coral -- None Available
Quiet Coral A -- California Counties Title Co
Quiet Coral A -- First American Title
Quiet Coral A $2,495,000 First American Title Ins Co
Johnston Matthew -- First American Title Inc
Johnston Matthew M $1,625,000 Fidelity National Title
Weindenkopf Thomas W $1,475,000 Nations Title Insurance
Brown John D $435,500 Fidelity Title
Thompson Marc A $300,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garg Deepanshu $1,124,500
Previous Owner Quiet Coral A $1,500,000
Previous Owner Quiet Coral A $1,395,000
Previous Owner Johnston Matthew $1,100,000
Previous Owner Johnston Matthew M $1,100,000
Previous Owner Weindenkopf Thomas W $900,000
Previous Owner Brown John D $327,075
Previous Owner Thompson Marc A $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2014 12/18/14 Sold $1,730,000 -3.6% $325 / Sq Ft
11/07/2014 11/07/14 For Sale $1,795,000 0.0% $337 / Sq Ft
06/22/2013 06/22/13 Rented $6,000 0.0% --
06/06/2013 06/06/13 Under Contract -- -- --
05/23/2013 05/23/13 For Rent $6,000 -- --
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 $8,775 $159,468 -- --
2024 $8,645 $151,874 -- --
2023 $8,645 $230,330 $46,060 $184,270
2022 $8,269 $189,070 $37,810 $151,260
2021 $8,828 $173,550 $34,710 $138,840
2020 $8,768 $164,570 $32,910 $131,660
2019 $8,444 $153,180 $30,630 $122,550
2018 $8,108 $153,150 $30,630 $122,520
2017 $13,724 $200,620 $40,120 $160,500
2016 $13,425 $190,370 $38,070 $152,300
2015 $12,707 $190,370 $38,070 $152,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5196808

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-65-036