NOT LISTED FOR SALE

7125 E Paradise Dr Scottsdale, AZ 85254

Estimated Value: $2,461,000 - $3,316,000

13 Beds
13 Baths
6,500 Sq Ft
$434/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $2,050,000 $315 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $15,514/month

44 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • RV Access or Parking
  • Sequoya Elementary School Rated A
  • Private Pool
  • Two Primary Bathrooms

About This Home

As of May 2021

This property is currently being operated as an Assisted Living facility. The main house has 10 bedrooms and 10 baths and the Casita has 3 bedrooms and 3 baths. There are 2 charming out buildings. The property is situation in a lush parklike setting making this an amazing estate. The landscaping lends itself to a nature trail with meandering paths that lead to new experiences at every turn. The peaceful setting has patios off many of the rooms and fountains throughout the property. Relax next to the pool surrounded by Palms and Pines. Let your imagination wander as to the many opportunities this property provides.

Last Agent to Sell the Property

Carolyn Lane

Platinum First Realty License #BR023292000 Listed on: 01/16/2021

Co-Listed By

Vern Johnson

Platinum First Realty License #SA572113000

Last Buyer's Agent

Stacy Fitzgerald

BLD Real Estate License #BR572835000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,740

Year Built

  • Built in 1958

Lot Details

  • 1.81 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Home Design

  • Spanish Architecture
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Stone
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 13 Bedrooms
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 13 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 15 Open Parking Spaces
  • Circular Driveway
  • RV Access or Parking

Accessible Home Design

  • Roll-in Shower
  • Roll Under Sink
  • Grab Bar In Bathroom
  • Accessible Hallway
  • No Interior Steps
  • Accessible Approach with Ramp
  • Stepless Entry
  • Raised Toilet

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Sequoya Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Mini Split Air Conditioners
  • Zoned Heating and Cooling System
  • Water Purifier
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment
  • Guest House
  • Property is near a bus stop
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Desert Estates 1 Lots 5 20 Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 175-19-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,740

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: SCOTTSDALE/CACTUS ROAD
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2020
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2020
  • Updated Heating or Cooling Units: Partial
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 15.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1958
  • Tax Year: 2020
  • Directions: From Scottsdale Road and Cactus go South one block to Paradise Drive. Property is located on the southwest corner.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.81
  • Co List Office Mls Id: pltm01
  • Co List Office Phone: 602-569-2233
  • Subdivision Name: DESERT ESTATES 1 LOTS 5-20
  • Architectural Style: Spanish
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl, Stone, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Water Purifier
  • Accessibility Features: Zero-Grade Entry, Accessible Approach with Ramp, Bath Roll-Under Sink, Bath Roll-In Shower, Bath Raised Toilet, Bath Grab Bars, Accessible Hallway(s)
  • Possible Bedrooms: 15
  • Total Bedrooms: 13
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Physcl Chlgd (SRmks), Master Downstairs, Eat-in Kitchen, No Interior Steps, Pantry, 2 Master Baths, 3/4 Bath Master Bdrm, Full Bth Master Bdrm
  • Living Area: 6500.0
  • Stories: 1
  • Window Features: Skylight(s), Vinyl Frame
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Other, Private Yard, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Gravel/Stone Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Other Structures: Separate Guest House, Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Other, Tile, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Parking Features: RV Access/Parking, RV Gate, Circular Driveway, Separate Strge Area
  • Attached Garage: No
  • Open Parking Spaces: 15.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Mini Split, Other, Programmable Thmstat, See Remarks
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Sequoya Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Horse Amenities: Other, See Remarks
  • Land Lease: No
  • Lot Size Sq Ft: 78778.0
  • Parcel #: 175-19-008

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 4740.0
  • Tax Book Number: 175.00
  • Tax Lot: 24
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2021
Closed on
May 5, 2021
Sold by
J A Kelly Llc
Bought by
7125 E Paradise Llc
Seller's Agent
Carolyn Lane
Platinum First Realty
Buyer's Agent
Stacy Fitzgerald
BLD Real Estate
List Price
$2,500,000
Sold Price
$2,050,000
Premium/Discount to List
-$450,000
-18%
Current Estimated Value
$2,823,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$773,814
Avg. Annual Appreciation
7.62%
Original Mortgage
$1,525,000
Outstanding Balance
$1,387,892
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$1,435,922

Purchase Details

Closed on
Sep 18, 2018
Sold by
Rone Silvio and Rone Melinda S
Bought by
J A Kelly Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 22, 2011
Sold by
Scottsdale Casa De Paradise Llc
Bought by
Rone Silvio and Rone Melinda S

Purchase Details

Closed on
Feb 23, 2011
Sold by
Rone Silvio
Bought by
Scottsdale Casa De Paradise Llc

Purchase Details

Closed on
May 26, 1999
Sold by
Freeman William T
Bought by
Rone Silvio and Rone Melinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,200
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 1995
Sold by
Pierone Peri
Bought by
Freeman William T and Freeman Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.9%
Mortgage Type
New Conventional
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
7125 E Paradise Llc $2,050,000 Empire West Title Agency Llc
J A Kelly Llc $1,150,000 North American Title Company
Rone Silvio -- None Available
Scottsdale Casa De Paradise Llc -- Accommodation
Rone Silvio $789,000 North American Title Agency
Freeman William T $285,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7125 E Paradise Llc $1,525,000
Previous Owner J A Kelly Llc $975,000
Previous Owner Rone Silvio $631,200
Previous Owner Freeman William T $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $2,050,000 -18.0% $315 / Sq Ft
05/20/2021 05/20/21 Price Changed $2,500,000 0.0% $385 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $2,500,000 -- $385 / 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 $6,514 $96,282 -- --
2024 $6,439 $91,697 -- --
2023 $6,439 $151,570 $30,310 $121,260
2022 $6,109 $107,470 $21,490 $85,980
2021 $6,491 $96,280 $19,250 $77,030
2020 $6,434 $107,770 $21,550 $86,220
2019 $5,101 $76,050 $15,210 $60,840
2018 $4,339 $73,700 $14,740 $58,960
2017 $4,130 $74,560 $14,910 $59,650
2016 $4,039 $60,570 $12,110 $48,460
2015 $3,815 $57,630 $11,520 $46,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6182098

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-19-008