NOT LISTED FOR SALE

6390 E Royal Palm Rd Paradise Valley, AZ 85253

Estimated Value: $5,782,000 - $7,527,130

5 Beds
9 Baths
10,200 Sq Ft
$657/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $3,600,000 $353 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $37,616/month

91 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • Gated Community
  • Cherokee Elementary School Rated A
  • Gated Parking
  • 1.55 Acre Lot

About This Home

As of April 2019

Prestigious Resort like Residence with the Gated Community of Villaresi. Built by a premier builders in Paradise Valley on 1.5 acres. Quality craftsmanship, separate Guest house complete with its own private entrance, living room, kitchen, 2 Bedrooms and garage. The master wing includes a sitting area, fireplace, wood paneled office, gymnasium and sauna. Split floor plan to include 3 additional en suite bedrooms within the main house, wine cellar, movie theatre, kitchen/family room exposed wooden beams, full pantry, butlers pantry plus 4 additional car garage, for a total of 5. Outdoors sport court, pool, putting green, volleyball net space, barbecue station plus a ramada that can easily be enclosed and offers a 1/2 bath. Just exquisite and easy to show; Seller may Trade, see Motion Video

Last Agent to Sell the Property

Frank Aazami

Compass License #SA581280000 Listed on: 12/05/2018

Compass

Co-Listed By

David Smith

Russ Lyon Sotheby's International Realty License #SA637859000

Last Buyer's Agent

Scott Smith

Russ Lyon Sotheby's International Realty License #BR678539000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,636

Year Built

  • Built in 2003

Lot Details

  • 1.55 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 5 Car Garage
  • 4 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 10,200 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Smart Home

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
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Guest House

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 168-61-012

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Villaresi Owners Association, Phone Number (480) 860-6690
  • Built by Legendary Construction
  • Villaresi Subdivision, Custom Floorplan

Recreation

  • Sport Court

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,636

Year Built

Built in 2003

Lot Details

0

HOA Fees

$625 per month

Parking

5

Listing Details

  • Cross Street: INVERGORDON & Mockingbird
  • 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: 4.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Spa Private: Yes
  • Tax Year: 2018
  • Directions: SOUTH ON INVERGORDON FROM DOUBLETREE RANCH ROAD, W ON MOCKINGBIRD TO GATED VILLARESI ENTRANCE
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.55
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: VILLARESI
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 7500.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Other, See Remarks, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 10200.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane, Wood Frames
  • Kitchen Features:RangeOven Elec: Yes
  • 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:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Misting System, Private Street(s), Private Yard, Sport Court(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Cul-De-Sac, Grass Front, Grass Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Other Structures: Separate Guest House, Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, 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:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Misting System: Yes
  • Exterior Features:Sport Court(s): Yes
  • Exterior Features:Private Street(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Gated, Garage Door Opener, Circular Driveway, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Other7: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:Gated2: 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

  • Community Features: Gated
  • Association Fee: 7500.0
  • Association Fee Frequency: Annually
  • Association Name: Villaresi Owners
  • Phone: 480-860-6690
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 5000.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Villaresi Owners
  • 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_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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: 67340.0
  • Parcel #: 168-61-012

Building Info

  • Builder Name: Legendary Construction

Tax Info

  • Tax Annual Amount: 20636.0
  • Tax Book Number: 168.00
  • Tax Lot: 3
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
Mar 25, 2019
Sold by
Bohannon Robert H and Bohannon Janet L
Bought by
Kathuria Rajeev S and Kathuria Cynthia A
Seller's Agent
Frank Aazami
Compass
Buyer's Agent
Scott Smith
Russ Lyon Sotheby's International Realty
List Price
$4,395,000
Sold Price
$3,600,000
Premium/Discount to List
-$795,000
-18.09%
Current Estimated Value
$6,696,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,096,377
Avg. Annual Appreciation
10.00%
Original Mortgage
$2,880,000
Outstanding Balance
$2,490,362
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,206,015

Purchase Details

Closed on
May 4, 2004
Sold by
Legendary Property Llc
Bought by
Bohannon Robert H and Bohannon Janet L

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
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kathuria Rajeev S $3,600,000 Greystone Title Agency Llc
Bohannon Robert H -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kathuria Rajeev S $2,880,000
Previous Owner Bohannon Robert H $1,000,000
Closed Bohannon Robert H $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $3,600,000 -17.1% $353 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
03/02/2019 03/02/19 Price Changed $4,340,000 -0.1% $425 / Sq Ft
02/25/2019 02/25/19 Price Changed $4,345,000 -0.1% $426 / Sq Ft
02/21/2019 02/21/19 Price Changed $4,350,000 -0.9% $426 / Sq Ft
01/09/2019 01/09/19 Price Changed $4,389,000 0.0% $430 / Sq Ft
12/23/2018 12/23/18 Price Changed $4,390,000 -0.1% $430 / Sq Ft
12/05/2018 12/05/18 For Sale $4,395,000 -- $431 / 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 $17,853 $364,281 -- --
2024 $20,520 $346,935 -- --
2023 $20,520 $385,950 $77,190 $308,760
2022 $19,659 $314,680 $62,930 $251,750
2021 $22,152 $323,930 $64,780 $259,150
2020 $22,006 $308,050 $61,610 $246,440
2019 $21,225 $325,330 $65,060 $260,270
2018 $21,015 $388,010 $77,600 $310,410
2017 $20,188 $375,020 $75,000 $300,020
2016 $19,766 $314,070 $62,810 $251,260
2015 $18,754 $299,110 $59,820 $239,290
Source: Public Records

Agents Affiliated with this Home

  • Frank Aazami

    Seller's Agent in 2019

    Frank Aazami

    Compass

    (480) 266-0240

    65 in this area

    229 Total Sales

    Frank Aazami
    Section Image
  • David Smith

    Seller Co-Listing Agent in 2019

    David Smith

    Russ Lyon Sotheby's International Realty

    (602) 617-7831

    14 Total Sales

    David Smith
    Section Image
  • Scott Smith

    Buyer's Agent in 2019

    Scott Smith

    Russ Lyon Sotheby's International Realty

    (602) 758-5127

    8 Total Sales

    Scott Smith
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5854076

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-61-012

Arizona Maricopa County Paradise Valley 85253

6390 E Royal Palm Rd, Paradise Valley, AZ

This home is located at 6390 E Royal Palm Rd, Paradise Valley, AZ 85253 since 05 December 2018 and is currently estimated at $6,696,377, approximately $656 per square foot. This property was built in 2003. 6390 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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