Seller's Agent in 2021
Frank Aazami
Russ Lyon Sotheby's International Realty
(480) 266-0240
72 in this area
228 Total Sales
6721 E Cheney Dr Paradise Valley, AZ 85253
Paradise Valley NeighborhoodEstimated Value: $4,910,000 - $10,551,580
11
Beds
12.5
Baths
22,215
Sq Ft
$348/Sq Ft
Est. Value
Highlights
- Guest House
- Heated Spa
- 2.87 Acre Lot
- Kiva Elementary School Rated A
- RV Gated
- Mountain View
About This Home
As of February 2021Welcome to ''The Villa''; a 3 acre Paradise, here in Paradise Valley; surrounded by lush mature landscaping for a discriminating buyer who values Privacy at the top of their search. Upon your arrival, you'll be welcomed to a circular drive centered by a water fountain, then splits into two separate tropical style motor courts, leading to garage parking on both sides of this estate. You then may access the home by going through one of its private courtyards built by reclaimed Chicago stamped bricks. The Main Courtyard welcomes guests to a second centered water fountain, overlooked by Romeo and Juliet style balconies, allowing for a second lair of privacy before entering the main residence. The guest house courtyard entrance welcomes guests through its original Mexican mesquite See MORE. Mexican mesquite doors from the 1800's. The owner's retreat courtyard is privately accessed through the master bedroom and boasts a dedicated OVERSIZED spa and fireplace.
No expense was spared when constructing this impeccable 22,000 plus square foot classic & timeless retreat. 3 Kitchens, 11 Bedrooms, 12.5 Baths, artistic accents throughout, Billiards Room with built in wet bar, teared Theater, indoor basketball court. You'll notice imported stone and tile throughout the entire property, as well as custom stone fireplaces, grand iron doors and exquisite wood beam ceilings, just to name some of the lavish furnishings and amenities.
You'll sense standing in a World-class resort, guests can help gain their own dedicated access points for better efficiency. The estate offers multiple entertaining areas, viewing the property's vistas and surrounding Mountains. Its resort style pool is stunning, featuring a lazy river, ideal for soaking in the beautiful Arizona sun.
Centrally located in Paradise Valley, this estate is just steps from the new Ritz Carlton resort, close to high end shops and restaurants. Opportunities to acquire an estate of this magnitude and beauty are rarely made available. SEE MOTION VIDEO
Last Agent to Sell the Property
Russ Lyon Sotheby's International Realty License #SA581280000 Listed on: 11/30/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $51,860
Year Built
- Built in 2013
Lot Details
- 2.87 Acre Lot
- Private Streets
- Desert faces the front and back of the property
- Wrought Iron Fence
- Block Wall Fence
- Misting System
- Front Yard Sprinklers
- Sprinklers on Timer
- Private Yard
- Grass Covered Lot
Parking
- 8 Car Garage
- Heated Garage
- Side or Rear Entrance to Parking
- Garage Door Opener
- Circular Driveway
- RV Gated
Home Design
- Santa Barbara Architecture
- Wood Frame Construction
- Tile Roof
- Built-Up Roof
- Foam Roof
- Block Exterior
- Stone Exterior Construction
- Stucco
Interior Spaces
- 22,215 Sq Ft Home
- 1-Story Property
- Wet Bar
- Central Vacuum
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Mountain Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- <<builtInMicrowave>>
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 11 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bathroom is a Full Bathroom
- 12.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- <<bathWSpaHydroMassageTubToken>>
- Bathtub With Separate Shower Stall
Home Security
- Security System Owned
- Smart Home
Pool
- Heated Spa
- Heated Pool
Outdoor Features
- Balcony
- Covered patio or porch
- Outdoor Fireplace
- Built-In Barbecue
- Playground
Additional Homes
- Guest House
Schools
- Kiva Elementary School
- Mohave Middle School
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 174-46-024
Community Details
Overview
- No Home Owners Association
- Association fees include no fees
- Built by Custom
- Double M Estates Subdivision
Recreation
- Sport Court
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 30, 2020
Closed on
Feb 19, 2021
Sold by
Simone Villa Llc
Bought by
Levin Joel and Joel Levin Living Trust
Seller's Agent
Frank Aazami
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michel Edery
Russ Lyon Sotheby's International Realty
List Price
$10,000,000
Sold Price
$9,500,000
Premium/Discount to List
-$500,000
-5%
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
-$1,769,210
Avg. Annual Appreciation
-4.61%
Original Mortgage
$5,000,000
Outstanding Balance
$4,532,778
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,198,012
Purchase Details
Closed on
Apr 6, 2018
Sold by
The Villa On Cheney Llc
Bought by
Simone Villa Llc
Purchase Details
Listed on
Oct 31, 2014
Closed on
Sep 25, 2015
Sold by
Jr 3 Investments Llc
Bought by
The Villa On Cheney Llc
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$16,500,000
Sold Price
$7,315,000
Premium/Discount to List
-$9,185,000
-55.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.57%
Purchase Details
Closed on
Aug 18, 2011
Sold by
Mcdade John R
Bought by
Jr 3 Investments Llc
Purchase Details
Closed on
Jul 18, 2011
Sold by
Mcdade Katherine M
Bought by
Mcdade John M
Purchase Details
Closed on
Jun 24, 2011
Sold by
Shiloh Pv Llc
Bought by
Mcdade Jack
Purchase Details
Closed on
May 31, 2011
Sold by
Shiloh Pv Llc
Bought by
Mcdade John R
Purchase Details
Closed on
Apr 5, 2006
Sold by
Avery Suzanne
Bought by
Shiloh Pv Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.29%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 21, 2000
Sold by
Ross Lance C
Bought by
Avery Robert and Avery Suzanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,917,500
Interest Rate
7.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 1995
Sold by
Ross Kirsten
Bought by
Ross Lance C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Levin Joel | $9,500,000 | Premier Title Agency | |
| Simone Villa Llc | -- | None Available | |
| The Villa On Cheney Llc | $7,315,000 | Fidelity Natl Title Agency | |
| Jr 3 Investments Llc | -- | Magnus Title Agency | |
| Mcdade John M | -- | Magnus Title Agency | |
| Mcdade Jack | $10,000 | None Available | |
| Mcdade John R | $1,670,000 | None Available | |
| Shiloh Pv Llc | $7,000,000 | Capital Title Agency Inc | |
| Avery Robert | $2,950,000 | Equity Title Agency Inc | |
| Ross Lance C | -- | Fiesta Title & Escrow Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Levin Joel | $5,000,000 | |
| Previous Owner | Shiloh Pv Llc | $1,200,000 | |
| Previous Owner | Shiloh Pv Llc | $700,000 | |
| Previous Owner | Shiloh Pv Llc | $4,900,000 | |
| Previous Owner | Avery Robert | $1,917,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2021 02/26/21 | Sold | $9,500,000 | -5.0% | $428 / Sq Ft |
| 02/04/2021 02/04/21 | For Sale | $10,000,000 | +5.3% | $450 / Sq Ft |
| 02/03/2021 02/03/21 | Pending | -- | -- | -- |
| 11/30/2020 11/30/20 | Off Market | $9,500,000 | -- | -- |
| 11/01/2020 11/01/20 | For Sale | $10,000,000 | +36.7% | $450 / Sq Ft |
| 10/26/2015 10/26/15 | Sold | $7,315,000 | -55.7% | $329 / Sq Ft |
| 09/26/2015 09/26/15 | Pending | -- | -- | -- |
| 07/01/2015 07/01/15 | For Sale | $16,500,000 | +125.6% | $743 / Sq Ft |
| 07/01/2015 07/01/15 | Off Market | $7,315,000 | -- | -- |
| 10/31/2014 10/31/14 | For Sale | $16,500,000 | -- | $743 / 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 | $47,180 | $882,826 | -- | -- |
| 2024 | $50,583 | $840,787 | -- | -- |
| 2023 | $50,583 | $1,152,120 | $230,420 | $921,700 |
| 2022 | $48,498 | $1,014,570 | $202,910 | $811,660 |
| 2021 | $51,594 | $969,070 | $193,810 | $775,260 |
| 2020 | $51,860 | $900,170 | $180,030 | $720,140 |
| 2019 | $50,068 | $789,200 | $157,840 | $631,360 |
| 2018 | $48,209 | $748,630 | $149,720 | $598,910 |
| 2017 | $46,313 | $864,350 | $172,870 | $691,480 |
| 2016 | $45,345 | $675,330 | $135,060 | $540,270 |
| 2015 | $43,024 | $589,680 | $117,930 | $471,750 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Aazami
-
Bill Bulaga
Seller Co-Listing Agent in 2021
Bill Bulaga
Russ Lyon Sotheby's International Realty
(480) 815-3326
22 in this area
63 Total Sales
-
Michel Edery
Buyer's Agent in 2021
Michel Edery
Russ Lyon Sotheby's International Realty
(480) 747-4795
30 in this area
94 Total Sales
-
Robert Joffe
Seller's Agent in 2015
Robert Joffe
Compass
(602) 989-8300
38 in this area
274 Total Sales
-
Jonathan Friedland
Seller Co-Listing Agent in 2015
Jonathan Friedland
Russ Lyon Sotheby's International Realty
(602) 579-0036
1 in this area
21 Total Sales
-
N
Buyer's Agent in 2015
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6154977
APN: 174-46-024
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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