NOT LISTED FOR SALE

6840 E Cuarenta Ct Paradise Valley, AZ 85253

Estimated Value: $5,322,000 - $5,472,172

5 Beds
6 Baths
6,150 Sq Ft
$880/Sq Ft Est. Value

Last Sold October 01, 2012

Last sale price $1,940,000 $315 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $29,805/month

814 Days on Market

Highlights

  • Home Theater
  • Heated Spa
  • Gated Parking
  • Kiva Elementary School Rated A
  • RV Gated
  • Sitting Area In Primary Bedroom

About This Home

As of October 2012

***To be Re-listed after summer vacation, can be shown still. ***An all age appeal no-steps on a single level, family-home. Well appointed, capturing a little flair of Africa, Asia, Caribbean and Modern Europe. Offering a timeless floor plan to include a formal and a casual indoor/outdoor style living and dining areas. You may preview its unparalleled private resort style backyard showcasing palm trees, waterfalls, outdoor kitchen, fire pit, sport court, two cabanas and a dog run. Other features to include an opulent indoor cinema, high ceiling foyer, woven grasscloth dressed walls and bands of antique bronze molding work. Experience the feel of ''home sweet home'' every time you arrive. Seller will consider a Million Dollar PV Home Trade. Can be Sold Furnished.

Last Agent to Sell the Property

Frank Aazami

Russ Lyon Sotheby's International Realty License #SA581280000 Listed on: 06/12/2010

Russ Lyon Sotheby's International Realty

Co-Listed By

mike korzon

Realty Consultants License #SA580767000

Last Buyer's Agent

Mitchell Karren

Maverick Residential License #BR634748000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,469

Year Built

  • Built in 1995

Lot Details

  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Corner Lot
  • Misting System

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,150 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Solar Screens
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Separate Bedroom Exit
  • Walk-In Closet
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom
  • Fire Sprinkler System

Parking

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

Pool

  • Heated Spa
  • Outdoor Pool
  • Play Pool
  • Fence Around Pool

Outdoor Features

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

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • North or South Exposure

Community Details

Overview

  • $11,500 per year Dock Fee
  • Association fees include common area maintenance, street maintenance
  • Tbd At Escrow HOA, Phone Number (480) 266-0240
  • Built by Legendary
  • Pure Custom

Recreation

  • Sport Court
  • Community Playground
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,469

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Tax Municipality: Paradise Valley
  • Cross Street: Lincoln and Mockingbird
  • Legal Info Cnty Rcrd Bk Pg Number: 36929
  • Legal Info Lot Number: 1
  • Property Type: A
  • Technology: 3+ Exist Tele Lines, Cable TV Avail, High Speed Internet Available, Security Sys Owned
  • Assessor Parcel Number: 28.00
  • Hundred Block: 7800
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst, Mstr Bdrm Sitting Rm, Othr Bdr Walkin Clst, Separate Bdrm Exit
  • Architecture: Contemporary
  • Assessor Parcel Number: 174-39-028
  • Capital Improvement Impact Fee Dollar Percent: %
  • HOA Association Fee: 2500.00
  • HOA Name: TBD at Escrow
  • HOA Paid Frequency: Annually
  • HOA Telephone: 480-266-0240
  • HOA Fees: Y
  • Total Monthly Fee Equivalent: 208.33
  • Association Rules: Pets OK (See Rmrks), Self Managed
  • Construction Finish: Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 56FRDXPSAO3G
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2003
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2006
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2009
  • Updated Pool: Partial
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2009
  • Map Code Grid: N37
  • Primary Bathroom Type: 2 Master Baths, Bidet, Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Miscellaneous: Home Warranty
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 3.00
  • Parking Spaces Total Covered Spaces: 3.00
  • Price per Sq Ft: 315.45
  • Property Group Id: 19990816212109142258000000
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Tax Year: 2010
  • Directions: From Lincoln, N on Mockingbird, E on Northern, First Gate on the South Side (Call For Code)
  • Master Model: Pure Custom
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Fire Sprinklers, Intercom, No Interior Steps, See Remarks, Skylight(s), Vaulted Ceiling(s), Wet Bar
  • Bedrooms: 5
  • Bedrooms Plus: 7.00
  • Other Rooms: Family Room, Library-Blt-in Bkcse, Media Room
  • Bathrooms: 6.00
  • Laundry: Dryer Included, Inside, Washer Included
  • Flooring: Stone, Tile, Wood
  • Fireplace: 3+ Fireplace, Firepit, Fireplace Family Rm, Fireplace Living Rm, Fireplace Master Bdr, Gas Fireplace
  • Master Bedroom Type: Split
  • Dining Area: Breakfast Bar, Breakfast Room, Dining in LR/GR, Eat-in Kitchen, Formal
  • Accessibility Features: Hallways 36in+ Wide
  • Estimated Lot Sq Ft: 43560.00
  • Estimated Sq Ft: 6150.00
  • Kitchen Features: Dishwasher, Disposal, Kitchen Island, Pantry, Refrigerator
  • Source Of Sq Ft: Builder

Exterior Features

  • Exterior Stories: 1
  • Pool: Private Only
  • Spa: Heated, Private
  • Landscaping: Yrd Wtring Sys Back, Yrd Wtring Sys Front
  • Roofing: Tile
  • Fencing: Block
  • Construction: Frame - Wood
  • Windows: Sunscreen(s)
  • Exterior Features: Built-in BBQ, Childrens Play Area, Circular Drive, Covered Patio(s), Misting System, Patio, Private Street(s), Sport Court(s)
  • Pool Private: Diving Pool, Fenced, Heated, Play Pool, Private

Garage/Parking

  • Parking Features: Electric Door Opener, Extnded Lngth Garage, Gated Parking, RV Gate, Side Vehicle Entry

Utilities

  • Water: City Water
  • Utilities: APS, SW Gas
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas

Condo/Co-op/Association

  • Services: City Services
  • Community Features: Biking/Walking Path, Children's Playgrnd, Gated Community
  • Fee Include: Common Area Maint, Street Maint

Schools

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

Lot Info

  • Property Description: Corner Lot, Cul-De-Sac Lot, Mountain View(s), North/South Exposure

Building Info

  • Builder Name: Legendary

Tax Info

  • Taxes: 11500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2010
Closed on
Sep 28, 2012
Sold by
Gilburne Adam
Bought by
Vanvanho Don Van
Seller's Agent
Frank Aazami
Russ Lyon Sotheby's International Realty
Buyer's Agent
Mitchell Karren
Maverick Residential
List Price
$2,500,000
Sold Price
$1,940,000
Premium/Discount to List
-$560,000
-22.4%
Current Estimated Value
$5,414,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,474,724
Avg. Annual Appreciation
9.07%

Purchase Details

Closed on
Jul 9, 2010
Sold by
Teachers Insurance & Annuity Association
Bought by
T C Legend At Kierland Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,825,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2007
Sold by
Gilburne Adam
Bought by
Gilburne Adam and Gilburne Ronda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Dreilander Beteiligung Objekt Dlf 9
Bought by
Dlf Immobilienportfolio Walter Fink Kg

Purchase Details

Closed on
Mar 6, 2003
Sold by
Dreilander Beteiligung Objekt Dlf 9
Bought by
Dreilander Beteiligung Objekt Dlf 9

Purchase Details

Closed on
Dec 26, 2001
Sold by
6840 E Cuarenta Ct Llc
Bought by
Gilburne Adam and Gilburne Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,748,189
Interest Rate
6.51%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 13, 2001
Sold by
Moore Robert S
Bought by
6840 E Cuarenta Ct Llc

Purchase Details

Closed on
Jun 9, 1999
Sold by
Williams Ralph L
Bought by
Moore Robert S and Moore Drucilla

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
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 1998
Sold by
Gentner Carol J
Bought by
Williams Ralph L and The Fortune R Williams Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 20, 1996
Sold by
Legendary Homes Inc
Bought by
Gentner Carol J
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Vanvanho Don Van $1,940,000 Fidelity National Title Agen
T C Legend At Kierland Llc -- First American Title
Gilburne Adam -- Old Republic Title Agency
Dlf Immobilienportfolio Walter Fink Kg -- Chicago Title Insurance Co
Dreilander Beteiligung Objekt Dlf 9 -- --
Gilburne Adam $1,748,189 --
6840 E Cuarenta Ct Llc $1,900,000 Security Title Agency
Moore Robert S $1,700,000 Security Title Agency
Williams Ralph L $1,700,000 Security Title Agency
Gentner Carol J $1,359,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner T C Legend At Kierland Llc $21,825,000
Previous Owner Gilburne Adam $1,500,000
Previous Owner Gilburne Adam J $250,000
Previous Owner Gilburne Adam $1,748,189
Previous Owner Moore Robert S $1,000,000
Previous Owner Williams Ralph L $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2012 10/01/12 Sold $1,940,000 -7.6% $315 / Sq Ft
11/14/2011 11/14/11 Price Changed $2,099,000 -4.5% $341 / Sq Ft
10/25/2011 10/25/11 Price Changed $2,199,000 -4.4% $358 / Sq Ft
09/27/2011 09/27/11 Price Changed $2,300,000 +4.6% $374 / Sq Ft
03/28/2011 03/28/11 Price Changed $2,199,000 -1.2% $358 / Sq Ft
03/11/2011 03/11/11 Price Changed $2,225,000 -1.1% $362 / Sq Ft
12/06/2010 12/06/10 Price Changed $2,250,000 -2.0% $366 / Sq Ft
11/02/2010 11/02/10 Price Changed $2,295,000 -4.2% $373 / Sq Ft
08/30/2010 08/30/10 Price Changed $2,395,000 -4.2% $389 / Sq Ft
06/12/2010 06/12/10 For Sale $2,500,000 -- $407 / 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 $11,469 $205,299 -- --
2024 $11,302 $195,523 -- --
2023 $11,302 $236,100 $47,220 $188,880
2022 $10,818 $184,660 $36,930 $147,730
2021 $11,537 $168,900 $33,780 $135,120
2020 $11,582 $169,060 $33,810 $135,250
2019 $11,161 $154,750 $30,950 $123,800
2018 $11,879 $162,410 $32,480 $129,930
2017 $11,711 $160,120 $32,020 $128,100
2016 $11,454 $158,750 $31,750 $127,000
2015 $10,837 $158,750 $31,750 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4406875

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-39-028