NOT LISTED FOR SALE

5551 E Orchid Ln Paradise Valley, AZ 85253

Estimated Value: $5,428,000 - $5,547,000

5 Beds
6 Baths
7,018 Sq Ft
$782/Sq Ft Est. Value

Last Sold November 14, 2017

Last sale price $3,200,000 $456 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $30,344/month

40 Days on Market

Highlights

  • Heated Spa
  • Family Room with Fireplace
  • Wood Flooring
  • Cherokee Elementary School Rated A
  • Vaulted Ceiling
  • Santa Barbara Architecture

About This Home

As of November 2017

Exceptional classic Santa Barbara with extreme quality, 10 inch travertine moldings thruout---walk in
Wine Vault- kitchen family room with 10 foot automated pocket sliding glass walls radius glass viewing windows, newly installed white quartsite counters oversized bedroom suites, second family area or study sectioin off the spectacular three bedroom guest-children's wing--large exercise or second office area -----Presidential office off the Master wing with an additional bedroom suite world class landscaped with huge mature trees and a fabulous pool, spa, and outdoor fireplace---4 car epoxy sealed garage floor and its own electronically gated motor court Extreme quality thru-out and a Mummy Mountain view that sits in the yard

Last Agent to Sell the Property

Steve Dubinka

HomeSmart License #BR006215000 Listed on: 08/28/2017

HomeSmart

Last Buyer's Agent

Dinesh Wilson

Compass License #SA544887000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,279

Year Built

  • Built in 2008

Lot Details

  • 1.07 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • 1 Open Parking Space
  • Garage ceiling height seven feet or more
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Designed by super custom Architects
  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 7,018 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 6 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

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

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Catalina
  • Mockingbird Lane Estates 5 Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 168-56-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,279

Year Built

Built in 2008

Lot Details

0

Parking

4

Listing Details

  • Cross Street: 56th and Mockingbird
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: super custom
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2017
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Spa Private: Yes
  • Tax Year: 2016
  • Directions: North on 56th one block to Orchid then left to Property
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.07
  • Subdivision Name: MOCKINGBIRD LANE ESTATES 5
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Central Vacuum, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 7018.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: 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:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Playground, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:GazeboRamada: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener, Over Height Garage, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 1.0
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • 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

Fee Information

  • Association Fee Includes: No Fees

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: 46409.0
  • Parcel #: 168-56-002

Green Features

  • Green Water Conservation: Low-Flow Fixtures, Recirculation Pump

Building Info

  • Builder Name: Catalina

Tax Info

  • Tax Annual Amount: 14279.0
  • Tax Book Number: 168.00
  • Tax Lot: 1
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2017
Closed on
Nov 14, 2017
Sold by
Vadnerkar Aniket A and Vadnerkar Amruta A
Bought by
Vadnerkar Aniket A and Vadnerkar Amruta A
Seller's Agent
Steve Dubinka
HomeSmart
Buyer's Agent
Dinesh Wilson
Compass
List Price
$3,500,000
Sold Price
$3,200,000
Premium/Discount to List
-$300,000
-8.57%
Current Estimated Value
$5,487,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,287,500
Avg. Annual Appreciation
7.07%
Original Mortgage
$2,000,000
Outstanding Balance
$1,642,521
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,844,979

Purchase Details

Listed on
Aug 28, 2017
Closed on
Nov 8, 2017
Sold by
Allmendinger Brian W and Rantam Angela S
Bought by
Vadnerkar Aniket A and Vadnerkar Amruta A
Seller's Agent
Steve Dubinka
HomeSmart
Buyer's Agent
Dinesh Wilson
Compass
List Price
$3,500,000
Sold Price
$3,200,000
Premium/Discount to List
-$300,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,642,521
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,844,979

Purchase Details

Closed on
Jan 10, 2006
Sold by
Ostroff Brad S and Ostroff Robin J
Bought by
Allmendinger Brian W and Ratnam Angela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Ostroff Brad S and Ostroff Robin J
Bought by
Ostroff Brad S and Ostroff Robin J
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
Vadnerkar Aniket A -- Accommodation
Vadnerkar Aniket A $3,200,000 Greystone Title Agency Llc
Allmendinger Brian W $1,350,000 Transnation Title
Ostroff Brad S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vadnerkar Aniket A $2,000,000
Previous Owner Allmendinger Brian W $1,000,000
Closed Allmendinger Brian W $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2017 11/14/17 Sold $3,200,000 -8.6% $456 / Sq Ft
10/13/2017 10/13/17 For Sale $3,500,000 0.0% $499 / Sq Ft
10/13/2017 10/13/17 Price Changed $3,500,000 0.0% $499 / Sq Ft
08/28/2017 08/28/17 For Sale $3,500,000 -- $499 / 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 $13,626 $241,983 -- --
2024 $13,429 $230,460 -- --
2023 $13,429 $271,920 $54,380 $217,540
2022 $12,858 $222,780 $44,550 $178,230
2021 $13,706 $199,080 $39,810 $159,270
2020 $14,078 $195,780 $39,150 $156,630
2019 $13,910 $190,910 $38,180 $152,730
2018 $14,761 $199,910 $39,980 $159,930
2017 $14,597 $197,400 $39,480 $157,920
2016 $14,279 $203,020 $40,600 $162,420
2015 $13,517 $202,260 $40,450 $161,810
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Steve Dubinka

    HomeSmart

    Section Image
  • Dinesh Wilson

    Buyer's Agent in 2017

    Dinesh Wilson

    Compass

    (480) 287-5200

    12 in this area

    50 Total Sales

    Dinesh Wilson
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5652800

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-56-002

Arizona Maricopa County Paradise Valley 85253

5551 E Orchid Ln, Paradise Valley, AZ

This home is located at 5551 E Orchid Ln, Paradise Valley, AZ 85253 since 28 August 2017 and is currently estimated at $5,487,500, approximately $781 per square foot. This property was built in 2008. 5551 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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