NOT LISTED FOR SALE

5530 E Orchid Ln Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $3,716,000 - $7,006,183

3 Beds
2 Baths
2,562 Sq Ft
$2,281/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $878,000 $343 Per Sq Ft

Est. 565% increase in value since last sale

Current estimated payment $33,002/month

28 Days on Market

Highlights

  • Private Pool
  • 1.06 Acre Lot
  • Private Yard
  • Cherokee Elementary School Rated A
  • 1 Fireplace
  • No HOA

About This Home

As of September 2015

This 1973 house is located on an acre plus, cul-de-sac lot surrounded by multi-million dollar homes. Mountain views to the West and South. It offers an opportunity to build to suit or to build a spec home in a very desirable Paradise Valley location. It is walking distance to Cherokee Elementary School with Cocopah Middle School and Chapparral High School available. APS,SW Gas, City Water and Public Sewer are presently in place. Property being sold As Is. Don't miss this unique opportunity!

Last Agent to Sell the Property

Paul Johnson

Russ Lyon Sotheby's International Realty License #SA560356000 Listed on: 07/27/2015

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Steve Dubinka

HomeSmart License #BR006215000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,572

Year Built

  • Built in 1973

Lot Details

  • 1.06 Acre Lot
  • Desert faces the front of the property
  • Cul-De-Sac
  • Block Wall Fence
  • Private Yard

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,562 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Circular Driveway

Outdoor Features

  • Private Pool
  • Patio

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mockingbird Lane Estates 5 Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 168-56-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,572

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Doubletree and 56th
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2014
  • Directions: South from Doubletree on 56th Street to Orchid Lane. West on Orchid Lane to 5530.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.06
  • Subdivision Name: MOCKINGBIRD LANE ESTATES 5
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Pantry, 3/4 Bath Master Bdrm, Double Vanity
  • Living Area: 2562.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Patio, Private Yard
  • Lot Features: Desert Front, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Electric: 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: 46388.0
  • Parcel #: 168-56-008
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3572.0
  • Tax Book Number: 168.00
  • Tax Lot: 7
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2022
Sold by
Alfano Jr Family Trust
Bought by
Paradise Valley Trust
Current Estimated Value
$5,842,796

Purchase Details

Closed on
May 11, 2017
Sold by
Jkrr Llc
Bought by
Alfano Charles A and Alfano Audrey C

Purchase Details

Listed on
Jul 27, 2015
Closed on
Sep 3, 2015
Sold by
Moser Jonathan A
Bought by
Jkrr Llc
Seller's Agent
Paul Johnson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Steve Dubinka
HomeSmart
List Price
$945,000
Sold Price
$878,000
Premium/Discount to List
-$67,000
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.91%

Purchase Details

Closed on
Jul 24, 2000
Sold by
Young Edward M
Bought by
The Edward M Young Revocable Trust and Young Edward M
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
Paradise Valley Trust -- Ferruzzo & Ferruzzo Llp
Alfano Charles A $3,437,000 Greystone Title Agency Inc
Jkrr Llc $878,000 Old Republic Title Agency
The Edward M Young Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alfano Charles A $2,280,000
Previous Owner Alfano Charles A $2,385,000
Previous Owner Alfano Charles A $2,455,000
Previous Owner Alfano Charles A $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2015 09/15/15 Sold $878,000 -7.1% $343 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $945,000 +7.6% $369 / Sq Ft
08/21/2015 08/21/15 Off Market $878,000 -- --
07/24/2015 07/24/15 For Sale $945,000 -- $369 / 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 $14,732 $260,812 -- --
2024 $14,521 $248,393 -- --
2023 $14,521 $388,560 $77,710 $310,850
2022 $13,905 $290,150 $58,030 $232,120
2021 $14,820 $272,030 $54,400 $217,630
2020 $14,721 $259,530 $51,900 $207,630
2019 $14,192 $241,910 $48,380 $193,530
2018 $13,642 $253,910 $50,780 $203,130
2017 $9,047 $165,960 $33,190 $132,770
2016 $4,557 $61,770 $12,350 $49,420
2015 $3,723 $61,770 $12,350 $49,420
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Paul Johnson

    Russ Lyon Sotheby's International Realty

    Section Image

  • S

    Buyer's Agent in 2015

    Steve Dubinka

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5312562

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-56-008

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

5530 E Orchid Ln, Paradise Valley, AZ

This home is located at 5530 E Orchid Ln, Paradise Valley, AZ 85253 since 27 July 2015 and is currently estimated at $5,842,796, approximately $2,280 per square foot. This property was built in 1973. 5530 E Orchid 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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