NOT LISTED FOR SALE

5702 E Caballo Dr Paradise Valley, AZ 85253

Estimated Value: $3,903,000 - $4,343,809

4 Beds
3 Baths
3,353 Sq Ft
$1,249/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $3,900,000 $1,163 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $22,801/month

10 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Cul-De-Sac
  • Cherokee Elementary School Rated A
  • No HOA
  • Fireplace

About This Home

As of July 2024

Flat 1.23 acre lot in the heart of Paradise Valley. Perfect for new custom build. N-S exposure with spectacular views of Mummy Mountain. Walk 1/4 mile to Cherokee Elementary. Unique dual cul-de-sac location buffers the lot for enhanced privacy. Car collectors dream with driveway garage access on both sides of the lot. Caballo Drive is a super quiet local street. Earlier plans included a 6,750 s.f. main residence with a four car garage and a 1,075 s.f. guest house with a two car garage. Several ultra luxury homes were recently completed on Caballo Drive. Lot land sale only. Existing house is included AS IS for Buyer's demolition. Do not disturb occupants.

Last Agent to Sell the Property

Michael Harty

Landwest Realty, LLC License #BR007484000 Listed on: 05/23/2024

Last Buyer's Agent

Jill Brenenstuhl

RETSY License #SA565904000

RETSY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,688

Year Built

  • Built in 1973

Lot Details

  • 1.23 Acre Lot
  • Cul-De-Sac

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Interior Spaces

  • 3,353 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Pool

  • Private Pool

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Via Los Ranchos Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 168-57-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,688

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2023
  • Directions: N Tatum Blvd. to E. Doubletree Ranch Road. East to 56th Street. South on 56th St. 1/2 mile to Caballo Drive. East to 5702 E. Caballo.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.23
  • Subdivision Name: VIA LOS RANCHOS
  • Property Attached Yn: No
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • Fireplace: Yes
  • Living Area: 3353.0
  • Stories: 1
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: See Remarks
  • Lot Features: Cul-De-Sac
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Other
  • Roof: Other

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Other
  • Heating: Other
  • Laundry Features: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Main Cooling Other: 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: Cherokee Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Horse Amenities: Other
  • Land Lease: No
  • Lot Size Sq Ft: 53454.0
  • Parcel #: 168-57-011

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 5688.0
  • Tax Book Number: 168.00
  • Tax Lot: 7
  • Tax Map Number: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2025
Sold by
Jorva Partners B Lp
Bought by
Miclor Llc
Current Estimated Value
$4,189,270

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
$1,989,461
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$2,148,948

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 11, 2024
Sold by
Diamond Thomas J and Diamond Melissa B
Bought by
Jorva Partners B Lp
Seller's Agent
Michael Harty
Landwest Realty, LLC
Buyer's Agent
Jill Brenenstuhl
RETSY
List Price
$4,250,000
Sold Price
$3,900,000
Premium/Discount to List
-$350,000
-8.24%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%

Purchase Details

Closed on
Apr 6, 1999
Sold by
Diamond Thomas J
Bought by
Diamond Thomas J and Diamond Melissa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.04%

Purchase Details

Closed on
Sep 21, 1997
Sold by
Diamond Melissa B
Bought by
Diamond Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
7.5%
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
Miclor Llc -- Wfg National Title Insurance C
Jorva Partners B Lp $3,900 Old Republic Title Agency
Diamond Thomas J -- Security Title Agency
Diamond Thomas J -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miclor Llc $2,000,000
Previous Owner Diamond Thomas J $300,000
Previous Owner Diamond Thomas J $900,000
Previous Owner Diamond Thomas J $295,000
Previous Owner Diamond Thomas J $350,000
Previous Owner Diamond Thomas J $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $3,900,000 -8.2% $1,163 / Sq Ft
07/11/2024 07/11/24 Price Changed $4,250,000 0.0% $1,268 / Sq Ft
07/11/2024 07/11/24 For Sale $4,250,000 0.0% $1,268 / Sq Ft
05/24/2024 05/24/24 For Sale $4,250,000 -- $1,268 / 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 $5,776 $108,453 -- --
2024 $5,688 $103,288 -- --
2023 $5,688 $140,660 $28,130 $112,530
2022 $5,432 $112,800 $22,560 $90,240
2021 $5,812 $110,570 $22,110 $88,460
2020 $5,771 $103,320 $20,660 $82,660
2019 $5,551 $97,570 $19,510 $78,060
2018 $5,322 $85,170 $17,030 $68,140
2017 $5,089 $85,400 $17,080 $68,320
2016 $4,971 $85,850 $17,170 $68,680
2015 $4,685 $85,850 $17,170 $68,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6709751

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-57-011