NOT LISTED FOR SALE

6515 E Cheney Dr Paradise Valley, AZ 85253

Estimated Value: $6,705,000 - $9,496,000

5 Beds
7 Baths
11,097 Sq Ft
$720/Sq Ft Est. Value

Last Sold January 29, 2018

Last sale price $5,950,000 $536 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $43,346/month

129 Days on Market

Highlights

  • Guest House
  • Heated Pool
  • 1.35 Acre Lot
  • Kiva Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Two Primary Bathrooms

About This Home

As of January 2018

MRA handcrafted Mediterranean beauty on 1.39 acre lot in the heart of Paradise Valley. This home was designed with gracious living in mind. Fantastic floor plan including master retreat with his/hers baths, his/hers closets, wet room and private outdoor spa. Gorgeous fully wood paneled library/office, wine room, ultimate kitchen with the finest appliances and finishes. The media/game room opens to a huge covered patio, lush landscaping and green lawns plus a European styled pool with private ramada. Fabulous guesthouse featuring its own living room, kitchen, bathroom, and lots of closet space. Multiple fireplaces, lovely outdoor dining patios, privately gated.

Last Agent to Sell the Property

Walter Danley

Walt Danley Realty, LLC License #SA016756000 Listed on: 08/17/2017

Co-Listed By

Libby Cohen

RETSY License #SA572812000

Last Buyer's Agent

Bee Francis

Russ Lyon Sotheby's International Realty License #SA504994000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,311

Year Built

  • Built in 2006

Lot Details

  • 1.35 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 11,097 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Gas Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 7 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom
  • Fire Sprinkler System

Pool

  • Heated Pool
  • Spa
  • Diving Board

Outdoor Features

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

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro Elementary High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Guest House

Community Details

  • No Home Owners Association
  • Built by MRA
  • Mummy Mountain Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 174-45-003-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,311

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Cheney and Mockingbird
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Spa Private: Yes
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.35
  • Co List Office Mls Id: wdan01
  • Co List Office Phone: 480-991-2050
  • Subdivision Name: Mummy Mountain Park
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Builder
  • General Property Description:PriceSqFt: 536.18
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Spa Features: Private
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Central Vacuum, Drink Wtr Filter Sys, Fire Sprinklers, Intercom, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 11097.0
  • Stories: 1
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Builder
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Playground, Patio, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front
  • Pool Features: Diving Pool, Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Other Structures: Guest House
  • Roof: 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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Not Managed
  • 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

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro Elementary School
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 58935.0
  • Parcel #: 174-45-003-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: MRA

Tax Info

  • Tax Annual Amount: 24311.0
  • Tax Book Number: 174.00
  • Tax Lot: 0
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Jan 25, 2018
Sold by
Stevens Jeff A
Bought by
Casey Michael D and Casey Linda K
Seller's Agent
Walter Danley
Walt Danley Realty, LLC
Buyer's Agent
Bee Francis
Russ Lyon Sotheby's International Realty
List Price
$6,495,000
Sold Price
$5,950,000
Premium/Discount to List
-$545,000
-8.39%
Current Estimated Value
$7,993,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,043,406
Avg. Annual Appreciation
3.78%

Purchase Details

Closed on
Jan 29, 2007
Sold by
Mra Marketing Group Llc
Bought by
Stevens Jeff A and Stevens Sharon A

Purchase Details

Closed on
May 15, 2002
Sold by
Michaels Michael M
Bought by
Mra Marketing Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.83%

Purchase Details

Closed on
Nov 11, 1997
Sold by
D & M Investments
Bought by
Michaels Michael M and The Delphine Michaels Qualified Gst Exem
Source: Public Records
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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
Casey Michael D $5,950,000 Fidelity National Title Agen
Stevens Jeff A $7,650,000 Camelback Title Agency Llc
Mra Marketing Group Llc $675,000 Capital Title Agency
Michaels Michael M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mra Marketing Group Llc $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2018 01/29/18 Sold $5,950,000 -8.4% $536 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $6,495,000 -- $585 / 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 $18,570 $396,548 -- --
2024 $22,390 $377,664 -- --
2023 $22,390 $460,160 $92,030 $368,130
2022 $21,454 $372,650 $74,530 $298,120
2021 $22,844 $335,560 $67,110 $268,450
2020 $22,695 $316,980 $63,390 $253,590
2019 $22,490 $295,910 $59,180 $236,730
2018 $22,403 $299,370 $59,870 $239,500
2017 $23,100 $298,030 $59,600 $238,430
2016 $24,311 $305,810 $61,160 $244,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5647392

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-45-003A