NOT LISTED FOR SALE

6347 E Royal Palm Rd Paradise Valley, AZ 85253

Estimated Value: $5,497,000 - $7,035,000

7 Beds
12 Baths
12,998 Sq Ft
$482/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $5,600,000 $431 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $36,351/month

151 Days on Market

Highlights

  • Guest House
  • Tennis Courts
  • RV Access or Parking
  • Cherokee Elementary School Rated A
  • Heated Pool
  • 1.79 Acre Lot

About This Home

As of November 2020

The very essence of LUXURY! Nestled in the exclusive VILLARESI enclave of Paradise Valley. Mediterranean opulent resort-style living on private lush 1.8 acre lot. Exquisite 13,000sqft single level home featuring 7 bedrooms, 12 bathrooms, including 2 guest homes! Expansive 25ft disappearing glass wall leading you to the impeccable grounds! Outdoors is an entertainers paradise showcasing a grand 50ft palm tree lined pool, sunken lit tennis court, fountains and meandering walkways for pure enjoyment in the lap of luxury!

Last Agent to Sell the Property

Michel Edery

Russ Lyon Sotheby's International Realty License #SA553423000 Listed on: 05/21/2020

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Galina Hendrickson

Realty ONE Group License #SA547522000

Realty ONE Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,256

Year Built

  • Built in 2003

Lot Details

  • 1.79 Acre Lot
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • 8 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 12,998 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Living Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 12 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Pool
  • Heated Spa

Outdoor Features

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

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Purifier

Additional Features

  • No Interior Steps
  • Guest House

Community Details

  • Association fees include ground maintenance
  • Legendary Association, Phone Number (480) 860-6690
  • Built by Legendary Homes
  • Villaresi Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 168-61-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,256

Year Built

Built in 2003

Lot Details

0

HOA Fees

$625 per month

Parking

4

Listing Details

  • Cross Street: Mockingbird and Invergordon
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 625.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 8.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: West on Mockingbird, South on Royal Palm to property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.79
  • Subdivision Name: VILLARESI
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 7500.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: 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 Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 10
  • Total Bedrooms: 7
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Central Vacuum, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 12998.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Misting System, Tennis Court(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Misting System: Yes
  • Exterior Features:Tennis Court(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Direct Access, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 8.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 7500.0
  • Association Fee Frequency: Annually
  • Association Name: Legendary
  • Phone: 480-860-6690
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Legendary
  • Association Fees:HOA Telephone4: 480-860-6690
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 78106.0
  • Parcel #: 168-61-015

Building Info

  • Builder Name: Legendary Homes

Tax Info

  • Tax Annual Amount: 33256.0
  • Tax Book Number: 168.00
  • Tax Lot: 6
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Nov 6, 2020
Sold by
Resort At Paradise Valley Llc
Bought by
6347 E Royal Palm Road Llc
Seller's Agent
Michel Edery
Russ Lyon Sotheby's International Realty
Buyer's Agent
Galina Hendrickson
Realty ONE Group
List Price
$5,600,000
Sold Price
$5,600,000
Current Estimated Value
$6,266,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$666,000
Avg. Annual Appreciation
2.33%
Original Mortgage
$3,640,000
Outstanding Balance
$3,239,083
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$3,026,917

Purchase Details

Closed on
Jul 12, 2001
Sold by
Legendary Property Llc
Bought by
Geringer Steven I and Geringer Linda B
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
6347 E Royal Palm Road Llc $5,600,000 Old Republic Title Agency
Geringer Steven I -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 6347 E Royal Palm Road Llc $3,640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2023 09/30/23 Off Market $5,600,000 -- --
11/16/2020 11/16/20 Sold $5,600,000 -6.7% $431 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/05/2020 10/05/20 Price Changed $6,000,000 +7.1% $462 / Sq Ft
05/21/2020 05/21/20 For Sale $5,600,000 +20.4% $431 / Sq Ft
08/25/2017 08/25/17 Sold $4,650,000 -4.1% $358 / Sq Ft
07/15/2017 07/15/17 Price Changed $4,850,000 -8.5% $373 / Sq Ft
06/14/2017 06/14/17 Price Changed $5,300,000 -3.6% $408 / Sq Ft
10/21/2016 10/21/16 For Sale $5,500,000 0.0% $423 / Sq Ft
06/02/2016 06/02/16 Rented $24,000 -15.8% --
06/01/2016 06/01/16 Under Contract -- -- --
04/10/2016 04/10/16 Price Changed $28,500 -28.8% $2 / Sq Ft
06/10/2014 06/10/14 For Rent $40,000 -- --
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 $30,057 $521,487 -- --
2024 $29,634 $496,654 -- --
2023 $29,634 $596,560 $119,310 $477,250
2022 $28,402 $450,480 $90,090 $360,390
2021 $32,403 $459,260 $91,850 $367,410
2020 $33,412 $453,660 $90,730 $362,930
2019 $33,256 $490,600 $98,120 $392,480
2018 $31,999 $529,370 $105,870 $423,500
2017 $30,717 $529,170 $105,830 $423,340
2016 $30,062 $440,720 $88,140 $352,580
2015 $28,492 $419,730 $83,940 $335,790
Source: Public Records

Agents Affiliated with this Home

  • Michel Edery

    Seller's Agent in 2020

    Michel Edery

    Russ Lyon Sotheby's International Realty

    (480) 747-4795

    23 in this area

    90 Total Sales

    Michel Edery
    Section Image

  • G

    Buyer's Agent in 2020

    Galina Hendrickson

    Realty One Group

    (602) 953-4000

    1 in this area

    18 Total Sales

    Galina Hendrickson
    Section Image
  • Joan Levinson

    Seller's Agent in 2017

    Joan Levinson

    Realty One Group

    (480) 543-0006

    86 in this area

    123 Total Sales

    Joan Levinson
    Section Image

  • C

    Buyer's Agent in 2017

    Cheri Reeves

    Engel & Voelkers Scottsdale

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6081075

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-61-015

Arizona Maricopa County Paradise Valley 85253

6347 E Royal Palm Rd, Paradise Valley, AZ

This home is located at 6347 E Royal Palm Rd, Paradise Valley, AZ 85253 since 21 May 2020 and is currently estimated at $6,266,000, approximately $482 per square foot. This property was built in 2003. 6347 E Royal Palm Rd 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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