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 Neighborhood
11
Beds
12.5
Baths
22,215
Sq Ft
2.87
Acres
Highlights
- Guest House
- Heated Spa
- 2.87 Acre Lot
- Kiva Elementary School Rated A
- RV Gated
- Mountain View
About This Home
As of February 2021There are homes and there are showpieces and this palatial estate is definitely the latter. This unique masterpiece sitting on 3 lush acres, with 33,000 square feet of living space under roof is so grand it will take your breath away, yet each and every room is brilliantly created with exceptional warmth and exquisite taste. Every thoughtful space has its own distinct design elements, each one more impressive than the last and the outstanding finishes were provided by the renown JR McDade Company, Inc. Whether grand scale entertaining, spending the day relaxing on the lazy river, sharing cocktails at the bar in the billiards room, watching a movie in the gorgeous theatre, or simply enjoying a private meal on one of the many fabulous verandas, long lasting memories are destined to be created in this magnificent home. The luxurious private guest quarters offer the same extraordinary elegance as the main residence, and the flawless grounds, along with the stunning patios and courtyards create a truly opulent environment. Deliberately built to capture the glorious mountain views from every vantage point, the setting is nearly inconceivable. This timeless estate is for those who desire and appreciate the finest things in life and are ready to live it to the fullest!
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $44,176
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
- Fire Sprinkler System
Pool
- Heated Spa
- Heated Pool
Outdoor Features
- Balcony
- Covered patio or porch
- Outdoor Fireplace
- Gazebo
- Built-In Barbecue
- Playground
Additional Homes
- Guest House
Schools
- Kiva Elementary School
- Mohave Middle School
- Saguaro Elementary High School
Utilities
- Refrigerated Cooling System
- Zoned Heating
- 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $9,500,000 | Premier Title Agency | |
| Special Warranty Deed | -- | None Available | |
| Cash Sale Deed | $7,315,000 | Fidelity Natl Title Agency | |
| Special Warranty Deed | -- | Magnus Title Agency | |
| Interfamily Deed Transfer | -- | Magnus Title Agency | |
| Cash Sale Deed | $10,000 | None Available | |
| Trustee Deed | $1,670,000 | None Available | |
| Warranty Deed | $7,000,000 | Capital Title Agency Inc | |
| Warranty Deed | $2,950,000 | Equity Title Agency Inc | |
| Interfamily Deed Transfer | -- | Fiesta Title & Escrow Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,000,000 | New Conventional | |
| Previous Owner | $1,200,000 | Unknown | |
| Previous Owner | $700,000 | Unknown | |
| Previous Owner | $4,900,000 | New Conventional | |
| Previous Owner | $1,917,500 | New Conventional |
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: 5193299
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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