NOT LISTED FOR SALE

Estimated Value: $5,872,000 - $6,410,000

8 Beds
13 Baths
15,600 Sq Ft
$394/Sq Ft Est. Value

Last Sold January 24, 2023

Last sale price $11,000,000 $705 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $34,741/month

22 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • Two Primary Bathrooms
  • Kiva Elementary School Rated A
  • 1.63 Acre Lot
  • Mountain View

About This Home

As of January 2023

Quality, Size, Luxury and Privacy in the Town of Paradise Valley. Close to the Ritz, easy access to shopping and dining yet secluded ,quiet and privately gated. In the main home on one level there are 6 bedrooms including the owners suite and 9 bathrooms. Along with the kitchen, greatroom, game room, office, library, sunroom and trophy room . On the lower level the theater, wine and bunk rooms plus 2 bathrooms can be found . Casual Guest home is private and upgraded with full kitchen, laundry and 2 bathrooms. Pool house is elegant and convenient . 6 car garage , side entry with large turn around. One of a kind , must see estate.

Last Agent to Sell the Property

Laura Lee Cahal

Compass License #SA529556000 Listed on: 12/18/2022

Compass

Co-Listed By

Adam Bowman

Compass License #SA652392000

Last Buyer's Agent

Sean Normoyle

Success Property Brokers License #SA692783000

Success Property Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,421

Year Built

  • Built in 2010

Lot Details

  • 1.63 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 6 Car Garage
  • Heated Garage
  • Side or Rear Entrance to Parking
  • Circular Driveway

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 15,600 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Finished Basement

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 13 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Outdoor Storage
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by CATALINA
  • Blank Subdivision, Custom Floorplan

Listing and Financial Details

  • Assessor Parcel Number 174-44-007-R

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,421

Year Built

Built in 2010

Lot Details

0

Parking

6

Listing Details

  • Cross Street: CHENEY & MOCKINGBIRD
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2010
  • Spa Private: Yes
  • Tax Year: 2022
  • Directions: WEST ON CHENEY FROM SCOTTSDALE ROAD TO 66TH STREET. NORTH ON 66TH TO ESTATE ON THE LEFT.
  • Master Model: CUSTOM
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.63
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: BLANK
  • Architectural Style: Other
  • Property Attached Yn: No
  • Tax Parcel Letter: R
  • ResoBuildingAreaSource: Builder
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: Yes
  • Spa Features: Heated, Private
  • Possible Bedrooms: 11
  • Total Bedrooms: 8
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Smart Home, Granite Counters
  • Living Area: 15600.0
  • Stories: 1
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Builder
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Other Rooms:Media Room: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Misting System, Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Other Structures: Gazebo, Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Circular Driveway, Side Vehicle Entry, Temp Controlled
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Open Parking Spaces: 6.0
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 70821.0
  • Parcel #: 174-44-007-R
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: CATALINA

Tax Info

  • Tax Annual Amount: 24421.0
  • Tax Book Number: 174.00
  • Tax Lot: 00
  • Tax Map Number: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2022
Closed on
Jan 24, 2023
Sold by
Malone Richie L and Malone Barbara W
Bought by
Mello Thomas
Seller's Agent
Laura Lee Cahal
Compass
Buyer's Agent
Sean Normoyle
Success Property Brokers
List Price
$14,500,000
Sold Price
$11,000,000
Premium/Discount to List
-$3,500,000
-24.14%
Total Days on Market
22
Views
191
Current Estimated Value
$6,141,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,859,000
Avg. Annual Appreciation
-21.97%

Purchase Details

Listed on
Mar 5, 2019
Closed on
Mar 8, 2019
Sold by
Lumberjack Capital Llc
Bought by
Malone Richie L and Malone Barbara W
Seller's Agent
Laura Lee Cahal
Compass
Buyer's Agent
Laura Lee Cahal
Compass
List Price
$7,350,000
Sold Price
$7,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$3,000,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mello Thomas $11,000,000 American Title Services
Malone Richie L $7,350,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malone Richie L $2,970,800
Previous Owner Malone Richie L $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2023 01/24/23 Sold $11,000,000 -24.1% $705 / Sq Ft
12/18/2022 12/18/22 For Sale $14,500,000 +97.3% $929 / Sq Ft
03/20/2019 03/20/19 Sold $7,350,000 0.0% $471 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $7,350,000 -- $471 / 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 $25,814 $439,103 -- --
2024 $25,458 $418,194 -- --
2023 $25,458 $702,480 $135,190 $567,290
2022 $24,421 $568,630 $109,430 $459,200
2021 $25,960 $526,100 $101,250 $424,850
2020 $25,794 $495,210 $95,300 $399,910
2019 $24,903 $484,220 $93,190 $391,030
2018 $23,979 $416,050 $82,360 $333,690
2017 $23,036 $396,270 $79,250 $317,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6499821

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-44-007R