6305 E Arabian Way Paradise Valley, AZ 85253
Paradise Valley NeighborhoodEstimated Value: $4,486,000 - $6,370,000
5
Beds
5.5
Baths
7,606
Sq Ft
$739/Sq Ft
Est. Value
Highlights
- Guest House
- Heated Spa
- Gated Parking
- Cherokee Elementary School Rated A
- RV Gated
- 1.02 Acre Lot
About This Home
As of July 2021Luxury in abound in this stunning Paradise Valley Estate. This beautiful home has a split floor plan with Master Suite and Large Office off the west wing and 3 en-suites and bonus/game room off the east wing and a detached guest casita by the pool. As you enter into the grand foyer you experience the vastness of the formal living room, dining room and wet bar w/ a 1000 bottle chilled wine cellar. The chef's kitchen is adorned with 4 Viking ovens(2 are wall ovens), Viking range, dual refrigerator/freezers, dual dish washers, 2 islands, vented hood, built in Miele expresso maker, farm sink, drawer microwave, butler and walk-in pantries. The large Master Retreat boast a sitting room, a door leading out to rear yard pool/spa, gas fireplace, 2 walk-in closets with one plumbed for washer/dryer. The Master Bath is your personal spa with 2 vanities, 2 water closets, steam shower with rain head, and amazing 2 person jetted tub over looking an atrium. The home is equipped with a Crestron system that works the lights, pool equipment, exterior shades, commercial grade misters ect... The family room is open to kitchen with a large exterior pocket door that opens to the covered patio and out door kitchen. The resort style back yard has a custom pool and spa with travertine pavers, many water features. The 1 room guest casita has a full bath with separate entrance to be used as a pool bath. There is a built-in curved seating area around the gas fire pit. There is a gated entry into the motor court area that is large enough to store an RV. The side entry air conditioned 4 car garage has high ceiling that could accommodate car lifts. There are 2 Electrical Vehicle charging points in the garage as well. Owner has recently installed turf in the front and rear yards and has replaced all of the HVAC units including the wine cellar. They have also installed 2 tankless water heaters in the main house. The home has enterprise-grade wireless network. This super unique estate is a must see!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,657
Year Built
- Built in 2007
Lot Details
- 1.02 Acre Lot
- Block Wall Fence
- Artificial Turf
- Corner Lot
- Misting System
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
Parking
- 4 Car Garage
- 10 Open Parking Spaces
- Garage ceiling height seven feet or more
- Heated Garage
- Garage Door Opener
- Circular Driveway
- Gated Parking
- RV Gated
Home Design
- Santa Barbara Architecture
- Wood Frame Construction
- Tile Roof
- Built-Up Roof
- Stucco
Interior Spaces
- 7,606 Sq Ft Home
- 1-Story Property
- Wet Bar
- Central Vacuum
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Low Emissivity Windows
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Mountain Views
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bathroom is a Full Bathroom
- 5.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bidet
- Hydromassage or Jetted Bathtub
- Bathtub With Separate Shower Stall
- Solar Tube
Home Security
- Security System Owned
- Smart Home
- Fire Sprinkler System
Accessible Home Design
- Accessible Hallway
- Doors with lever handles
- No Interior Steps
- Stepless Entry
- Raised Toilet
Pool
- Heated Spa
- Play Pool
Outdoor Features
- Covered patio or porch
- Fire Pit
- Built-In Barbecue
- Playground
Schools
- Cherokee Elementary School
- Cocopah Middle School
- Chaparral High School
Utilities
- Refrigerated Cooling System
- Zoned Heating
- Heating System Uses Natural Gas
- Water Filtration System
- Tankless Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- ENERGY STAR Qualified Equipment for Heating
- Guest House
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by AZTEX
- Double Tree Acres Subdivision
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 168-39-011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2021
Closed on
Jul 15, 2021
Sold by
Murphy Blair J and Murphy Patty K
Bought by
Chesler Robert and Chesler Dana
Seller's Agent
Chris Meyer
Compass
Buyer's Agent
Mary Jones
Realty Executives
List Price
$3,700,000
Sold Price
$3,760,000
Premium/Discount to List
$60,000
1.62%
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,859,583
Avg. Annual Appreciation
11.06%
Original Mortgage
$2,500,000
Outstanding Balance
$2,294,688
Interest Rate
2.96%
Mortgage Type
Commercial
Estimated Equity
$3,324,895
Purchase Details
Listed on
Oct 30, 2017
Closed on
Feb 12, 2018
Sold by
Levin Mervyn and Levin Janine C
Bought by
Murphy Blair J and Murphy Patty K
Seller's Agent
Rhonda Jacobs
Realty ONE Group
Buyer's Agent
Chris Meyer
Compass
List Price
$3,200,000
Sold Price
$2,875,000
Premium/Discount to List
-$325,000
-10.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Purchase Details
Closed on
Sep 14, 2010
Sold by
Itzcovitch Steven
Bought by
Levin Mervyn and Levin Janine C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 23, 2010
Sold by
Five Star 6305 Llc
Bought by
Itzcovitch Steven
Purchase Details
Closed on
Apr 8, 2010
Sold by
Aztex Custom Homebuilders Llc
Bought by
Five Star 6305 Llc
Purchase Details
Closed on
Sep 26, 2003
Sold by
Puffer Henry Grant
Bought by
Aztex Custom Home Builders
Create a Home Valuation Report for This Property
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Similar Homes in Paradise Valley, AZ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chesler Robert | $3,760,000 | Security Title Agency Inc | |
| Murphy Blair J | $2,875,000 | Chicago Title Agency Inc | |
| Levin Mervyn | $2,900,000 | Chicago Title | |
| Itzcovitch Steven | $2,612,500 | Security Title Agency | |
| Five Star 6305 Llc | $2,507,566 | First American Title | |
| Aztex Custom Home Builders | $580,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chesler Robert | $2,500,000 | |
| Previous Owner | Murphy Blair J | $1,700,000 | |
| Previous Owner | Levin Mervyn | $850,000 | |
| Previous Owner | Levin Mervyn | $1,500,000 | |
| Previous Owner | Aztex Custom Homebuilders Llc | $2,220,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2021 07/29/21 | Sold | $3,760,000 | +1.6% | $494 / Sq Ft |
| 06/14/2021 06/14/21 | Pending | -- | -- | -- |
| 06/11/2021 06/11/21 | For Sale | $3,700,000 | +28.7% | $486 / Sq Ft |
| 02/15/2018 02/15/18 | Sold | $2,875,000 | -10.2% | $385 / Sq Ft |
| 12/15/2017 12/15/17 | Pending | -- | -- | -- |
| 10/30/2017 10/30/17 | For Sale | $3,200,000 | -- | $428 / 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 | $13,668 | $242,697 | -- | -- |
| 2024 | $13,471 | $231,140 | -- | -- |
| 2023 | $13,471 | $340,080 | $68,010 | $272,070 |
| 2022 | $12,898 | $259,860 | $51,970 | $207,890 |
| 2021 | $13,749 | $229,650 | $45,930 | $183,720 |
| 2020 | $13,657 | $218,210 | $43,640 | $174,570 |
| 2019 | $13,164 | $195,100 | $39,020 | $156,080 |
| 2018 | $12,653 | $192,200 | $38,440 | $153,760 |
| 2017 | $12,132 | $190,310 | $38,060 | $152,250 |
| 2016 | $11,866 | $182,370 | $36,470 | $145,900 |
| 2015 | $11,228 | $182,370 | $36,470 | $145,900 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Meyer
Seller's Agent in 2021
Chris Meyer
Compass
(602) 885-4663
11 in this area
56 Total Sales
-
Mary Jones
Buyer's Agent in 2021
Mary Jones
Realty Executives
(480) 344-4400
3 in this area
55 Total Sales
-
Rhonda Jacobs
R
Seller's Agent in 2018
Rhonda Jacobs
Realty One Group
(480) 221-5995
-
T
Seller Co-Listing Agent in 2018
Tara Pegram
Realty One Group
-
C
Buyer's Agent in 2018
Christopher Meyer
Engel & Voelkers Scottsdale
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6249574
APN: 168-39-011
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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