NOT LISTED FOR SALE

7116 N 47th St Paradise Valley, AZ 85253

Estimated Value: $3,987,000 - $6,383,000

5 Beds
5 Baths
7,832 Sq Ft
$662/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $2,265,000 $289 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $28,053/month

222 Days on Market

Highlights

  • Heated Spa
  • Gated Parking
  • Mountain View
  • Kiva Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom

About This Home

As of August 2017

Stunning private gated estate w/ dramatic Mummy, Camelback & Quartz mountain views from nearly every room in the home! This gorgeous custom-built gated estate boasts an open floor plan, soaring high ceilings, high end technology systems & highly upgraded finishes! This palatial Chef's kitchen w/ island is sure to delight your family & friends! Enjoy cooking with your Wolf appliance pkg including the beautiful duel fuel gas range & double ovens! This fabulous kitchen opens to the over-sized great room w/ a built-in entertainment center & lg. casual eating area. Formal living & dining rms are open to the great rm--creating lots of amazing entertaining areas for easy living! Resort style backyard includes a huge pool/& spa w/ rock waterfall & fire features---all with a huge ''WOW'' factor the ultimate AZ outdoor lifestyle! Your guests will love their own private guest house w/ it's own master bdrm & kitchenette & family room---they might never want to leave! Master suite is palatial---w/ a lg. sitting room --all overlooking your private resort style backyard! Huge showy master bathroom boasts a separate exercise room & separate HIS/HER walk in closets!

Last Agent to Sell the Property

Kristen Ryan

RE/MAX Fine Properties License #SA524859000 Listed on: 12/01/2016

RE/MAX Fine Properties

Co-Listed By

Brian Keller

RE/MAX Fine Properties License #SA643426000

Last Buyer's Agent

Heidi Black

Renters Choice Homes License #SA580962000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,895

Year Built

  • Built in 2005

Lot Details

  • 1.06 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 8 Car Garage
  • 12 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Gated Parking

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 7,832 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Pool

  • Heated Spa
  • Heated Pool

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • No Interior Steps
  • Outdoor Fireplace

Community Details

  • No Home Owners Association
  • Built by Custom Builder
  • Cholla Gardens Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 169-14-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,895

Year Built

Built in 2005

Lot Details

0

Parking

8

Listing Details

  • Cross Street: Tatum & Lincoln
  • 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 Slab Parking Spaces: 12.0
  • Parking Spaces Total Covered Spaces: 8.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2005
  • Spa Private: Yes
  • Tax Year: 2016
  • Directions: From Lincoln--head north on Tatum to Indian Bend. West on Indian Bend to 47th St. North on 47th St. to the property.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.06
  • Co List Office Mls Id: rmfp03
  • Co List Office Phone: 480-792-9500
  • Subdivision Name: CHOLLA GARDENS UNIT 2
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Spa Features: Heated, Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Two Way Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Fire Sprinklers, No Interior Steps, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Granite Counters
  • Living Area: 7832.0
  • Stories: 1
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: 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
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Separate Workshop: Yes
  • Fireplace:Two Way Fireplace: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Desert Back, Desert Front, Grass Back
  • Pool Features: Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Side Vehicle Entry, Gated
  • Attached Garage: No
  • Garage Spaces: 8.0
  • Open Parking Spaces: 12.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only, Gas Dryer Hookup
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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 High School
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 46244.0
  • Parcel #: 169-14-028
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom Builder

Tax Info

  • Tax Annual Amount: 8895.0
  • Tax Book Number: 169.00
  • Tax Lot: 24
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
Aug 9, 2017
Sold by
Scott Justin D
Bought by
Black Ii Joel W and Black Heidi Ann
Seller's Agent
Kristen Ryan
RE/MAX Fine Properties
Buyer's Agent
Heidi Black
Renters Choice Homes
List Price
$285,000
Sold Price
$2,265,000
Premium/Discount to List
$1,980,000
694.74%
Current Estimated Value
$5,185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,920,000
Avg. Annual Appreciation
10.64%
Original Mortgage
$1,812,000
Outstanding Balance
$1,508,699
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$3,676,301

Purchase Details

Closed on
May 17, 2016
Sold by
Scott Justin D
Bought by
Scott Justin D and The Justin D Scott Revocable Management

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 24, 2016
Sold by
Scott Angela M
Bought by
Scott Justin D and Scott Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 6, 2012
Closed on
Nov 15, 2012
Sold by
Wells Fargo Bank Na
Bought by
Scott Justin D and Scott Angela M
Seller's Agent
Kathleen AuCoin
DeLex Realty
Buyer's Agent
Angela Scott
Engel & Voelkers Scottsdale
List Price
$2,100,000
Sold Price
$1,960,000
Premium/Discount to List
-$140,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$1,470,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2012
Sold by
Mchenry Matthew W
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 29, 2007
Sold by
Lloyd Melissa Ann
Bought by
Mchenry Matthew W and Mchenry Matthew Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 3, 2001
Sold by
Edwards Colbert B
Bought by
Edwards Colbert B and Edwards Revocable Living Trust

Purchase Details

Closed on
Aug 31, 1999
Sold by
Senger Clyde C
Bought by
Edwards Colbert B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Black Ii Joel W $2,265,000 Pioneer Title Agency Inc
Scott Justin D -- None Available
Scott Justin D -- Metropolitan Title Agency
Scott Justin D $1,960,000 Great American Title Agency
Wells Fargo Bank Na $2,602,607 Great American Title Agency
Mchenry Matthew W -- Grand Canyon Title Agency In
Edwards Colbert B -- --
Edwards Colbert B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Ii Joel W $1,812,000
Previous Owner Scott Justin D $1,800,000
Previous Owner Scott Justin D $1,470,000
Previous Owner Mchenry Matthew W $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2017 08/15/17 Sold $2,265,000 -5.4% $289 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
06/21/2017 06/21/17 Price Changed $2,395,000 -4.0% $306 / Sq Ft
03/31/2017 03/31/17 Price Changed $2,495,000 -7.4% $319 / Sq Ft
02/28/2017 02/28/17 Price Changed $2,695,000 +845.6% $344 / Sq Ft
11/16/2016 11/16/16 For Sale $285,000 -85.5% $36 / Sq Ft
12/14/2012 12/14/12 Sold $1,960,000 -6.7% $250 / Sq Ft View Prior Sale
11/09/2012 11/09/12 For Sale $2,100,000 0.0% $268 / Sq Ft
11/09/2012 11/09/12 Pending -- -- --
09/28/2012 09/28/12 Price Changed $2,100,000 -3.4% $268 / Sq Ft
09/10/2012 09/10/12 For Sale $2,175,000 0.0% $278 / Sq Ft
09/01/2012 09/01/12 Pending -- -- --
08/21/2012 08/21/12 Price Changed $2,175,000 -2.2% $278 / Sq Ft
07/13/2012 07/13/12 Price Changed $2,225,000 -3.1% $284 / Sq Ft
06/06/2012 06/06/12 For Sale $2,295,000 -- $293 / 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 $7,723 $173,181 -- --
2024 $9,440 $164,934 -- --
2023 $9,440 $242,780 $48,550 $194,230
2022 $9,031 $199,050 $39,810 $159,240
2021 $9,639 $176,910 $35,380 $141,530
2020 $9,573 $171,850 $34,370 $137,480
2019 $9,222 $159,120 $31,820 $127,300
2018 $8,857 $135,970 $27,190 $108,780
2017 $9,085 $130,320 $26,060 $104,260
2016 $8,895 $125,600 $25,120 $100,480
2015 $8,440 $125,600 $25,120 $100,480
Source: Public Records

Agents Affiliated with this Home

  • Kristen Ryan

    Seller's Agent in 2017

    Kristen Ryan

    RE/MAX

    (480) 688-2429

    17 in this area

    90 Total Sales

    Kristen Ryan
    Section Image

  • B

    Seller Co-Listing Agent in 2017

    Brian Keller

    RE/MAX

  • H

    Buyer's Agent in 2017

    Heidi Black

    Renters Choice Homes

    (602) 228-5900

    Heidi Black
    Section Image
  • Kathleen AuCoin

    Seller's Agent in 2012

    Kathleen AuCoin

    DeLex Realty

    (602) 430-4266

    53 Total Sales

    Kathleen AuCoin
    Section Image
  • Scott Thompson

    Seller Co-Listing Agent in 2012

    Scott Thompson

    Bliss Realty & Investments

    (480) 296-9971

    1 in this area

    36 Total Sales

    Scott Thompson
    Section Image
  • Angela Scott

    Buyer's Agent in 2012

    Angela Scott

    Engel & Voelkers Scottsdale

    (480) 299-3417

    13 Total Sales

    Angela Scott
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5531167

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-14-028

Arizona Maricopa County Paradise Valley 85253

7116 N 47th St, Paradise Valley, AZ

This home is located at 7116 N 47th St, Paradise Valley, AZ 85253 since 01 December 2016 and is currently estimated at $5,185,000, approximately $662 per square foot. This property was built in 2005. 7116 N 47th St is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro High School.

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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