NOT LISTED FOR SALE

7424 N 61st St Unit 1 Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $4,187,000 - $7,287,000

5 Beds
5 Baths
8,200 Sq Ft
$608/Sq Ft Est. Value

About This Home

This home is located at 7424 N 61st St Unit 1, Paradise Valley, AZ 85253 and is currently estimated at $4,985,252, approximately $607 per square foot. 7424 N 61st St Unit 1 is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Pv Cheney Spec Llc
Bought by
Paradise Found Ventures Llc and Ryan Patterson Enterprises Llc
Current Estimated Value
$4,985,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,489,000
Outstanding Balance
$5,964,268
Interest Rate
6.54%
Mortgage Type
Construction
Estimated Equity
-$1,169,995

Purchase Details

Closed on
Jul 14, 2023
Sold by
C & B Holdings Llc
Bought by
Pv Cheney Spec Llc

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
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2022
Sold by
Richard P And Margaret Fry Revocable Tru
Bought by
Cb Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2019
Sold by
Fry Richard P and The Richard P And Margaret Fry
Bought by
Fry Richard P and The Richard P And Margaret E F

Purchase Details

Closed on
Jun 9, 1997
Sold by
Fry Richard P and Fry Margaret E
Bought by
Fry Richard P and Fry Margaret E

Purchase Details

Closed on
Nov 21, 1996
Sold by
Fry Richard P and Fry Margaret E
Bought by
Fry Richard P and Fry Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.91%

Purchase Details

Closed on
Nov 20, 1996
Sold by
Fry Richard P and Fry Margaret E
Bought by
Fry Richard P and Fry Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.91%

Purchase Details

Closed on
Mar 4, 1995
Sold by
Fry Richard P
Bought by
Fry Richard P and Fry Margaret E

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Paradise Found Ventures Llc $4,300,000 Wfg National Title Insurance C
Paradise Found Ventures Llc $4,300,000 Wfg National Title Insurance C
Pv Cheney Spec Llc $2,760,000 100 Title Agency Llc
Cb Holdings Llc $2,650,000 Grand Canyon Title
Fry Richard P -- None Available
Fry Richard P -- None Available
Fry Richard P -- --
Fry Richard P -- --
Fry Richard P -- Capital Title Agency
Fry Richard P -- Capital Title Agency
Fry Richard P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradise Found Ventures Llc $6,489,000
Closed Paradise Found Ventures Llc $6,489,000
Previous Owner Pv Cheney Spec Llc $1,800,000
Previous Owner Bjugan Cody C $400,000
Previous Owner Cb Holdings Llc $1,250,000
Previous Owner Cb Holdings Llc $1,250,000
Previous Owner Fry Richard P $100,000
Previous Owner Fry Richard P $170,000
Source: Public Records

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 $6,271 $106,674 -- --
2024 $6,185 $101,594 -- --
2023 $6,185 $154,950 $30,990 $123,960
2022 $5,933 $101,600 $20,320 $81,280
2021 $5,707 $93,860 $18,770 $75,090
2020 $5,666 $89,550 $17,910 $71,640
2019 $5,450 $92,660 $18,530 $74,130
2018 $5,225 $102,920 $20,580 $82,340
2017 $4,996 $102,060 $20,410 $81,650
2016 $4,879 $75,620 $15,120 $60,500
2015 $4,599 $75,620 $15,120 $60,500
Source: Public Records

Map

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

7424 N 61st St Unit 1, Paradise Valley, AZ

Homes for Sale in Paradise Valley, AZ

This home is located at 7424 N 61st St Unit 1, Paradise Valley, AZ 85253 and is currently estimated at $4,985,252, approximately $607 per square foot. 7424 N 61st St Unit 1 is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro High School.

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