NOT LISTED FOR SALE

6447 N Palo Cristi Rd Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $3,332,000 - $5,188,988

4 Beds
4.5 Baths
6,547 Sq Ft
$636/Sq Ft Est. Value

Last Sold December 17, 2013

Last sale price $4,000,000 $611 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $26,931/month

6 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • Two Primary Bathrooms
  • Phoenix Coding Academy Rated A
  • 5.51 Acre Lot
  • Mountain View

About This Home

As of December 2013

If a home could tell a story, this one would boast of deep Arizona tradition. From the moment you enter the stunning drive, you will be awe struck by this grand property. It is one of the most extraordinary pieces of land available in this city, and the home itself is not only unique, but also absolutely gorgeous. The estate was built by the famed Keating family with visions of creating a compound for multiple generations to enjoy. The breathtaking finishes are resort quality, and each and every room is full of sophistication! The home is magnificent, the grounds are outstanding and the city and mountain views are truly breathtaking. This divine estate is for those with a passion for quality living!

Last Agent to Sell the Property

Robert Joffe

Compass License #BR029057000 Listed on: 11/12/2013

Compass

Co-Listed By

Jonathan Friedland

Russ Lyon Sotheby's International Realty License #BR556623000

Last Buyer's Agent

Walt Danley

Walt Danley Local Luxury Christie's International Real Estate License #SA016756000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,090

Year Built

  • Built in 1987

Lot Details

  • 5.51 Acre Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Spanish Architecture
  • Tile Roof
  • Stone Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,547 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Skylights
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Partial Basement
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Two Primary Bathrooms
  • 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

Pool

  • Heated Spa
  • Heated Pool
  • Diving Board

Outdoor Features

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

Schools

  • Biltmore Preparatory Academy Elementary School
  • Creighton Elementary Middle School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Guest House

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by McCarthy
  • Medicine Man Ridge 4 Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 164-04-099

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,090

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Lincoln Drive and Palo Cristi
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Items Updated Floor Yr Updated: 2008
  • Items Updated Ht Cool Yr Updated: 2005
  • Items Updated Kitchen Yr Updated: 1993
  • Items Updated Pool Yr Updated: 2005
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1987
  • Tax Year: 2012
  • Directions: South on Palo Cristi and property is first one on the left
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 5.51
  • Co List Office Mls Id: praz10
  • Co List Office Phone: 602-288-4400
  • Subdivision Name: Medicine Man Ridge 4
  • Architectural Style: Spanish
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partial
  • Flooring: Other, Carpet, Vinyl, Tile
  • Basement YN: Yes
  • Spa Features: Heated
  • Possible Bedrooms: 7
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 6547.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Separate Workshop: Yes
  • Basement Description:Partial: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Exterior Features: Playground, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Grass Front
  • Pool Features: Diving Pool, Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Rock, Tile
  • Construction:Block: 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
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Circular Driveway, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Biltmore Preparatory Academy
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 240049.0
  • Parcel #: 164-04-099

Building Info

  • Builder Name: McCarthy

Tax Info

  • Tax Annual Amount: 21090.2
  • Tax Book Number: 164.00
  • Tax Lot: 2
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2013
Closed on
Dec 16, 2013
Sold by
Boyajian Robert and Boyajian Sharon J
Bought by
Lre Llc
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Walt Danley
Walt Danley Local Luxury Christie's International Real Estate
List Price
$4,399,000
Sold Price
$4,000,000
Premium/Discount to List
-$399,000
-9.07%
Current Estimated Value
$4,631,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,280
Avg. Annual Appreciation
0.13%
Original Mortgage
$3,000,000
Interest Rate
4.47%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Lre Llc $4,000,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lre Llc $5,000,000
Closed Lre Llc $3,000,000
Previous Owner Boyajian Robert $2,285,000
Previous Owner Boyajian Robert $1,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2013 12/17/13 Sold $4,000,000 -9.1% $611 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
11/12/2013 11/12/13 For Sale $4,399,000 -- $672 / 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 $20,355 $184,703 -- --
2024 $20,219 $175,908 -- --
2023 $20,219 $254,510 $43,720 $210,790
2022 $19,432 $184,080 $31,620 $152,460
2021 $20,139 $156,200 $26,830 $129,370
2020 $19,709 $144,720 $24,860 $119,860
2019 $20,182 $141,240 $24,260 $116,980
2018 $25,837 $185,020 $31,780 $153,240
2017 $24,839 $199,630 $34,290 $165,340
2016 $23,894 $158,930 $27,300 $131,630
2015 $23,816 $158,930 $27,300 $131,630
Source: Public Records

Agents Affiliated with this Home

  • Robert Joffe

    Seller's Agent in 2013

    Robert Joffe

    Compass

    (602) 989-8300

    38 in this area

    269 Total Sales

    Section Image
  • Jonathan Friedland

    Seller Co-Listing Agent in 2013

    Jonathan Friedland

    Russ Lyon Sotheby's International Realty

    (602) 579-0036

    1 in this area

    20 Total Sales

    Section Image
  • Walt Danley

    Buyer's Agent in 2013

    Walt Danley

    Walt Danley Local Luxury Christie's International Real Estate

    (602) 300-1020

    17 in this area

    31 Total Sales

    Section Image

  • W

    Buyer's Agent in 2013

    Walter Danley

    Walt Danley Realty, LLC

  • W

    Buyer's Agent in 2013

    Walter ABR

    Coldwell Banker Success Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5029440

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-04-099

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

6447 N Palo Cristi Rd, Paradise Valley, AZ

This home is located at 6447 N Palo Cristi Rd, Paradise Valley, AZ 85253 since 12 November 2013 and is currently estimated at $4,165,329, approximately $636 per square foot. This property was built in 1987. 6447 N Palo Cristi Rd is a home located in Maricopa County with nearby schools including Biltmore Preparatory Academy, Camelback High School, and Phoenix Coding Academy.

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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