NOT LISTED FOR SALE

5508 E Alan Ln Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $1,404,000 - $1,981,000

4 Beds
2.5 Baths
2,996 Sq Ft
$561/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $600,000 $200 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $9,570/month

71 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • 1 Fireplace
  • Cherokee Elementary School Rated A
  • Hydromassage or Jetted Bathtub
  • Granite Countertops

About This Home

As of March 2016

Beautiful home located in the highly-coveted Community of Promontory in Paradise Valley. Quiet with tucked away interior lot. N/S location. High ceilings through-out. Open floor plan. Three glass French doors leading to private shaded back patio from formal living room. Abundance of natural sunlight. Large, split master with huge walk in closet, master bathroom with double sinks and jetted tub. Gourmet kitchen with center island, breakfast bar, granite slab countertop. Newer hardware flooring, shutters in all bedrooms. Wonderful large backyard with fruit trees. Big 3 car garage!Top rated 3 C's school district! Easy to show, a MUST SEE!

Last Agent to Sell the Property

Jenifer Agha

Russ Lyon Sotheby's International Realty License #SA624131000 Listed on: 12/05/2015

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Robert Mattisinko

Berkshire Hathaway HomeServices Arizona Properties License #BR553421000

Berkshire Hathaway HomeServices Arizona Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,605

Year Built

  • Built in 1992

Lot Details

  • 10,262 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,996 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Patio
  • Playground

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • City Property Manage Association, Phone Number (602) 437-4777
  • Built by Watt Hancock
  • Promontory Lot 81 168 Tr A C Subdivision

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 168-05-178

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,605

Year Built

Built in 1992

Lot Details

0

HOA Fees

$23 per month

Parking

3

Listing Details

  • Cross Street: 55th Place & Shea Blvd.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 22.91
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Tax Year: 2014
  • Directions: From Tatum and Shea, E on Shea, S on 55th. Place. W on Alan. Home is on the right/north side.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: PROMONTORY LOT 81-168 TR A-C
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 275.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Drink Wtr Filter Sys, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 2996.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Patio, Private Yard
  • Lot Features: Desert Front, Gravel/Stone Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association Fee: 275.0
  • Association Fee Frequency: Annually
  • Association Name: North PHX Promontory
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: North PHX Promontory
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Manage
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Cherokee 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: 10262.0
  • Parcel #: 168-05-178
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Watt Hancock

Tax Info

  • Tax Annual Amount: 3605.0
  • Tax Book Number: 168.00
  • Tax Lot: 140
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2015
Closed on
Mar 15, 2016
Sold by
Miller Tracy Ann
Bought by
Ligget Andrew and Ligget Mischael
Seller's Agent
Jenifer Agha
Russ Lyon Sotheby's International Realty
Buyer's Agent
Robert Mattisinko
Berkshire Hathaway HomeServices Arizona Properties
List Price
$649,000
Sold Price
$600,000
Premium/Discount to List
-$49,000
-7.55%
Current Estimated Value
$1,681,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,081,615
Avg. Annual Appreciation
11.64%
Original Mortgage
$300,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2014
Sold by
Miller Tracy
Bought by
Miller Tracy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2011
Sold by
Lyon Dorothy R
Bought by
Miller Tracy

Purchase Details

Closed on
Aug 29, 2011
Sold by
Doran John A
Bought by
Miller Tracy A
Source: Public Records

Range of Values:

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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
Ligget Andrew $600,000 Old Republic Title Agency
Miller Tracy Ann -- None Available
Miller Tracy $450,000 Pioneer Title Agency Inc
Miller Tracy A -- Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ligget Andrew $282,600
Closed Ligget Andrew $300,000
Previous Owner Miller Tracy Ann $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $600,000 -7.6% $200 / Sq Ft
02/14/2016 02/14/16 Pending -- -- --
12/05/2015 12/05/15 For Sale $649,000 -- $217 / 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 $4,820 $68,961 -- --
2024 $4,711 $65,677 -- --
2023 $4,711 $88,260 $17,650 $70,610
2022 $4,494 $67,950 $13,590 $54,360
2021 $4,680 $62,450 $12,490 $49,960
2020 $4,602 $59,080 $11,810 $47,270
2019 $4,407 $56,770 $11,350 $45,420
2018 $4,239 $51,910 $10,380 $41,530
2017 $4,026 $50,950 $10,190 $40,760
2016 $3,913 $48,680 $9,730 $38,950
2015 $3,597 $46,060 $9,210 $36,850
Source: Public Records

Agents Affiliated with this Home

  • Jenifer Agha

    Seller's Agent in 2016

    Jenifer Agha

    Russ Lyon Sotheby's International Realty

    (480) 543-0301

    2 in this area

    3 Total Sales

    Jenifer Agha
    Section Image
  • Robert Mattisinko

    Buyer's Agent in 2016

    Robert Mattisinko

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 734-1617

    12 in this area

    140 Total Sales

    Robert Mattisinko
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5370188

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-05-178

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

5508 E Alan Ln, Paradise Valley, AZ

This home is located at 5508 E Alan Ln, Paradise Valley, AZ 85253 since 05 December 2015 and is currently estimated at $1,681,615, approximately $561 per square foot. This property was built in 1992. 5508 E Alan Ln is a home located in Maricopa County with nearby schools including Cherokee 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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