Seller's Agent in 2021
Lee Fisher
L.A. Fisher Real Estate Investment Company
(480) 390-8118
4 in this area
44 Total Sales
5750 E Quartz Mountain Rd Paradise Valley, AZ 85253
5
Beds
4.5
Baths
5,531
Sq Ft
0.99
Acres
Highlights
- Guest House
- Private Pool
- Mountain View
- Kiva Elementary School Rated A
- Sitting Area In Primary Bedroom
- Vaulted Ceiling
About This Home
As of March 2021This rare estate sits on one of the highest points in Paradise Valley offering gorgeous Superstition Mountain views. The inviting front entrance and high ceilings open to jaw-dropping Calcutta marble floors inside. The vast master retreat offers an expansive walk-in closet. Inside, walls of glass frame the view in every room, including the gourmet kitchen, sunken living room, and roomy family room. Other amenities include three bedrooms and three and a half baths in the main house, an attached guest house with full kitchen and its own private patio area, an office with a separate entrance, a built-in outdoor gas grill and a pool with an exquisite water feature. Completing the home is an in-wall vacuum system, three car garage and guard gated community. Truly a must see!
Last Agent to Sell the Property
Christopher Karas
Compass License #SA555869000 Listed on: 04/06/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,471
Year Built
- Built in 1997
Lot Details
- 0.99 Acre Lot
- Desert faces the front and back of the property
- Wrought Iron Fence
- Block Wall Fence
- Sprinklers on Timer
Parking
- 3 Car Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 5,531 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- 2 Fireplaces
- Mountain Views
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Dishwasher
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- 4.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bidet
- Hydromassage or Jetted Bathtub
- Bathtub With Separate Shower Stall
Outdoor Features
- Private Pool
- Balcony
- Covered Patio or Porch
Additional Homes
- Guest House
Schools
- Kiva Elementary School
- Mohave Middle School
- Saguaro High School
Utilities
- Refrigerated Cooling System
- Zoned Heating
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Community Details
- Property has a Home Owners Association
- La Place Du Sommet Association
- La Place Du Sommet Subdivision
Listing and Financial Details
- Tax Lot 31
- Assessor Parcel Number 169-02-036
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 24, 2021
Sold by
Karbassi Family Trust and Karbassi Masoud
Bought by
Karbassi Masoud and Karbassi Laden
Current Estimated Value
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
Outstanding Balance
$363,490
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$4,071,881
Purchase Details
Listed on
Oct 25, 2020
Closed on
Mar 9, 2021
Sold by
National Residential Nominee Svcs Inc
Bought by
Karbassi Masoud and Karbassi Laden
Seller's Agent
Lee Fisher
L.A. Fisher Real Estate Investment Company
Buyer's Agent
Mike Razi
Realty One Scottsdale LLC
List Price
$2,499,500
Sold Price
$2,474,500
Premium/Discount to List
-$25,000
-1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.91%
Purchase Details
Closed on
Oct 17, 2020
Sold by
Cunningham Marvin W and Cunningham Jodi L
Bought by
National Residential Nominee Svcs Inc
Purchase Details
Closed on
Mar 31, 2020
Sold by
Cunningham Marvin W and Cunningham Jodi L
Bought by
Cunningham Marvin W and Cunningham Jodi L
Purchase Details
Listed on
Apr 6, 2017
Closed on
Sep 6, 2017
Sold by
Estrada Martha C
Bought by
Cunningham Marvin W and Cunningham Jodi L
Seller's Agent
Christopher Karas
Compass
Buyer's Agent
Lee Fisher
L.A. Fisher Real Estate Investment Company
List Price
$1,995,000
Sold Price
$1,850,000
Premium/Discount to List
-$145,000
-7.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%
Original Mortgage
$975,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 23, 2013
Closed on
Jun 5, 2014
Sold by
Lederer Gerald Allen and Estrada Martha C
Bought by
Estrada Martha C
Seller's Agent
Christopher Karas
Compass
Buyer's Agent
Thomas Osterman
Realty Executives Arizona Territory
List Price
$2,450,000
Sold Price
$1,820,000
Premium/Discount to List
-$630,000
-25.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.51%
Original Mortgage
$1,365,000
Interest Rate
4.07%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 2006
Sold by
Bean Margaret C
Bought by
Bean Margaret C and Bean Jeffrey W
Purchase Details
Closed on
Apr 30, 2006
Sold by
Bean Margaret C and Bean Jeffrey W
Bought by
Bean Margaret C
Purchase Details
Closed on
Nov 4, 1998
Sold by
Colonial Holdings Inc
Bought by
Bean Robert W and Bean Margaret C
Purchase Details
Closed on
Dec 21, 1994
Sold by
Southwest Land & Development Company Inc
Bought by
Colonial Holdings Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | American Title Company | |
| Warranty Deed | $2,474,500 | Chicago Title Agency Inc | |
| Warranty Deed | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $1,850,000 | Fidelity National Title Agen | |
| Interfamily Deed Transfer | -- | Great American Title Agency | |
| Warranty Deed | $1,820,000 | Great American Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Cash Sale Deed | $1,550,000 | First American Title | |
| Cash Sale Deed | $180,000 | United Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional | |
| Previous Owner | $400,000 | Credit Line Revolving | |
| Previous Owner | $975,000 | New Conventional | |
| Previous Owner | $1,348,250 | New Conventional | |
| Previous Owner | $1,365,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2021 03/24/21 | Sold | $2,474,500 | 0.0% | $438 / Sq Ft |
| 02/02/2021 02/02/21 | Pending | -- | -- | -- |
| 12/11/2020 12/11/20 | Price Changed | $2,474,500 | -1.0% | $438 / Sq Ft |
| 10/25/2020 10/25/20 | For Sale | $2,499,500 | +35.1% | $443 / Sq Ft |
| 09/12/2017 09/12/17 | Sold | $1,850,000 | -7.3% | $334 / Sq Ft |
| 04/05/2017 04/05/17 | For Sale | $1,995,000 | +9.6% | $361 / Sq Ft |
| 06/27/2014 06/27/14 | Sold | $1,820,000 | -8.8% | $329 / Sq Ft |
| 04/28/2014 04/28/14 | Price Changed | $1,995,000 | -0.3% | $361 / Sq Ft |
| 03/31/2014 03/31/14 | Price Changed | $2,000,000 | -9.1% | $362 / Sq Ft |
| 12/18/2013 12/18/13 | Price Changed | $2,200,000 | -10.2% | $398 / Sq Ft |
| 09/23/2013 09/23/13 | For Sale | $2,450,000 | -- | $443 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $7,969 | $145,755 | -- | -- |
| 2024 | $8,379 | $138,814 | -- | -- |
| 2023 | $8,379 | $233,870 | $46,770 | $187,100 |
| 2022 | $8,013 | $185,160 | $37,030 | $148,130 |
| 2021 | $9,156 | $178,750 | $35,750 | $143,000 |
| 2020 | $9,098 | $173,350 | $34,670 | $138,680 |
| 2019 | $10,414 | $137,020 | $27,400 | $109,620 |
| 2018 | $11,771 | $156,230 | $31,240 | $124,990 |
| 2017 | $10,708 | $145,920 | $29,180 | $116,740 |
| 2016 | $10,471 | $168,720 | $33,740 | $134,980 |
| 2015 | $9,905 | $168,720 | $33,740 | $134,980 |
Source: Public Records
Agents Affiliated with this Home
-
Lee Fisher
-
Mike Razi
M
Buyer's Agent in 2021
Mike Razi
Realty One Scottsdale LLC
(480) 991-3700
1 in this area
4 Total Sales
-
Marissa Kline
Seller Co-Listing Agent in 2017
Marissa Kline
Compass
(602) 821-4479
8 in this area
65 Total Sales
-
Christopher Karas
Seller's Agent in 2014
Christopher Karas
Compass
(602) 919-6511
111 in this area
310 Total Sales
-
Jenifer Agha
Seller Co-Listing Agent in 2014
Jenifer Agha
Russ Lyon Sotheby's International Realty
(480) 543-0301
2 in this area
3 Total Sales
-
Thomas Osterman
Buyer's Agent in 2014
Thomas Osterman
Realty Executives
(602) 405-4052
5 in this area
22 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5585887
APN: 169-02-036
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.
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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