NOT LISTED FOR SALE

7201 N 47th St Paradise Valley, AZ 85253

Estimated Value: $3,073,977 - $3,352,000

4 Beds
4.5 Baths
4,507 Sq Ft
$715/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $2,590,000 $575 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $17,689/month

34 Days on Market

Highlights

  • Private Pool
  • Fireplace in Primary Bedroom
  • No HOA
  • Kiva Elementary School Rated A
  • Hydromassage or Jetted Bathtub
  • Covered Patio or Porch

About This Home

As of February 2024

This is what they mean when they say ''prime real estate.'' An incredible opportunity to bring your Paradise Valley vision to life on this generous 1+ acre lot in a private cul-de-sac. Main home boasts just over 4500 soft of living space with 4 beds and 4.5 baths. Backyard is where the magic happens, with an 8ft deep pool & sweeping views of Camelback and Mummy Mountain.

Last Agent to Sell the Property

Jennifer Michaels

Citiea License #SA659684000 Listed on: 12/12/2023

Citiea

Co-Listed By

Chelsea Hamilton

Citiea License #SA694541000

Last Buyer's Agent

Adam Hizme

RETSY License #SA583406000

RETSY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,768

Year Built

  • Built in 1978

Lot Details

  • 1.14 Acre Lot
  • Desert faces the front of the property
  • Cul-De-Sac
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,507 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Kiva Elementary School
  • Mohave Middle School

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Cholla Gardens Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 169-14-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,768

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Tatum Blvd & Indian Bend Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Tax Year: 2023
  • Directions: West on Indian Bend, North on 47th St to property on the right
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.14
  • Co List Office Mls Id: hagu01
  • Co List Office Phone: 480-998-0110
  • Subdivision Name: CHOLLA GARDENS UNIT 2
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4507.0
  • Stories: 1
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Cul-De-Sac, Grass Back, Auto Timer H2O Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • 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: Kiva Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 49458.0
  • Parcel #: 169-14-016

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 7768.0
  • Tax Book Number: 169.00
  • Tax Lot: 12
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Feb 29, 2024
Sold by
Lawrence A Katz A and Lawrence Ellen C
Bought by
Hizme Adam Scott and Hizme Christina A
Seller's Agent
Jennifer Michaels
Citiea
Buyer's Agent
Adam Hizme
RETSY
List Price
$2,800,000
Sold Price
$2,590,000
Premium/Discount to List
-$210,000
-7.5%
Views
50
Current Estimated Value
$3,221,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,992
Avg. Annual Appreciation
14.52%
Original Mortgage
$1,000,000
Outstanding Balance
$981,742
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$2,240,250

Purchase Details

Listed on
Dec 12, 2023
Closed on
Jan 30, 2024
Sold by
Katz Lawrence Allen
Bought by
Lawrence A Katz And Ellen C Katz Revocable Tr
Seller's Agent
Jennifer Michaels
Citiea
Buyer's Agent
Adam Hizme
RETSY
List Price
$2,800,000
Sold Price
$2,590,000
Premium/Discount to List
-$210,000
-7.5%
Views
50

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
Outstanding Balance
$981,742
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$2,240,250

Purchase Details

Closed on
Jan 20, 1994
Sold by
Horn Raymond L
Bought by
Katz Lawrence Allen and Katz Ellen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.62%
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
Hizme Adam Scott $2,590,000 Wfg National Title Insurance C
Lawrence A Katz And Ellen C Katz Revocable Tr -- None Listed On Document
Katz Lawrence Allen $562,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hizme Adam Scott $1,000,000
Previous Owner Katz Lawrence Allen $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $2,590,000 0.0% $575 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/13/2024 01/13/24 Price Changed $2,590,000 -7.5% $575 / Sq Ft
12/12/2023 12/12/23 For Sale $2,800,000 -- $621 / 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 $7,885 $144,326 -- --
2024 $7,768 $137,454 -- --
2023 $7,768 $172,120 $34,420 $137,700
2022 $7,427 $134,450 $26,890 $107,560
2021 $7,933 $121,550 $24,310 $97,240
2020 $7,878 $121,650 $24,330 $97,320
2019 $7,585 $113,020 $22,600 $90,420
2018 $7,281 $102,570 $20,510 $82,060
2017 $7,106 $104,280 $20,850 $83,430
2016 $6,945 $107,570 $21,510 $86,060
2015 $6,558 $107,570 $21,510 $86,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6636060

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-14-016