NOT LISTED FOR SALE

7550 N Hummingbird Ln Paradise Valley, AZ 85253

Estimated Value: $4,149,000 - $7,607,000

3 Beds
3.5 Baths
2,145 Sq Ft
$2,740/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $2,250,000 $1,049 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $32,745/month

1,834 Days on Market

Highlights

  • City Lights View
  • 4.56 Acre Lot
  • 2 Fireplaces
  • Kiva Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of February 2018

HUGE PRICE REDUCTION. NOW PRICED TO SELL!!! Majestic panoramas surround the elevated views of the over 4.5 acre property. OWN A LARGE PIECE OF MUMMY MOUNTAIN. Preliminary plans have begun by world renowned architecture firm Fratantoni Design. To see floor plan look in photos tab. The property extends to a ridgeline above, protecting it from any higher structure. This is a unique area of Paradise Valley with larger pieces, wrapping the eastern face of Mummy Mountain. The spectacular setting is ideal, capturing early morning and southern sunshine, and shaded from the later afternoon sun by the mountain backdrop. A rare and unique offering, having been family-owned for over 50 years. LET'S DO A DEAL TODAY!

Last Agent to Sell the Property

Jeff Fields

Russ Lyon Sotheby's International Realty License #SA643055000 Listed on: 01/19/2013

Russ Lyon Sotheby's International Realty

Co-Listed By

Mark Moskowitz

Russ Lyon Sotheby's International Realty License #BR004516000

Last Buyer's Agent

Julie Linhart

Compass License #SA631903000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,217

Year Built

  • Built in 1963

Lot Details

  • 4.56 Acre Lot
  • Desert faces the front of the property

Parking

  • 2 Car Garage
  • Circular Driveway

Property Views

  • City Lights
  • Mountain

Home Design

  • Fixer Upper
  • Foam Roof

Interior Spaces

  • 2,145 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • 2 Fireplaces

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • No Interior Steps
  • Outdoor Storage

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Mummy Mountain Park Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 169-04-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,217

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Mockingbird & Cheney
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Energy Green Feature H E R S Rating: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1963
  • Tax Year: 2012
  • Directions: From Mockingbird, head west on Cheney, all the way to the foot of Mummy Mtn. Head north on Hummingbird. The long drive is circular and will acommodate parking for several vehicles.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 4.56
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: Mummy Mountain Park
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Linoleum, Tile, Wood, Concrete
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: 9+ Flat Ceilings, No Interior Steps, Full Bth Master Bdrm
  • Living Area: 2145.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Circular Drive, Storage
  • Lot Features: Desert Front, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Slump Block
  • Property Condition: Fixer
  • Roof: Foam, Rolled/Hot Mop
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Storage: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • 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 Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 198570.0
  • Parcel #: 169-04-007
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 8216.9
  • Tax Book Number: 169.00
  • Tax Lot: 38
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2013
Closed on
Feb 16, 2018
Sold by
Tisinger Ronald E and Stevenson Susan S
Bought by
Lane David J and Lane Leesa Byers
Seller's Agent
Jeff Fields
Russ Lyon Sotheby's International Realty
Buyer's Agent
Julie Linhart
Compass
List Price
$3,999,999
Sold Price
$2,250,000
Premium/Discount to List
-$1,749,999
-43.75%
Current Estimated Value
$5,878,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,628,000
Avg. Annual Appreciation
13.43%

Purchase Details

Closed on
Jun 7, 2013
Sold by
Stevenson Susan S
Bought by
Tsinger Ronald E and Stevenson Susan S

Purchase Details

Closed on
Jun 4, 2007
Sold by
Stevenson Susan S
Bought by
Stevenson Susan S

Purchase Details

Closed on
Jul 29, 2005
Sold by
Stevenson Susan S
Bought by
Stevenson Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving
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
Lane David J $2,250,000 Greystone Title Agency Llc
Tsinger Ronald E -- None Available
Stevenson Susan S -- Transnation Title Ins Co
Stevenson Susan S -- Lawyers Title Ins
Stevenson Susan S -- Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevenson Susan S $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2018 02/23/18 Sold $2,250,000 -10.0% $1,049 / Sq Ft
10/18/2017 10/18/17 Price Changed $2,499,985 -13.8% $1,165 / Sq Ft
01/31/2017 01/31/17 Price Changed $2,900,000 -27.5% $1,352 / Sq Ft
02/02/2015 02/02/15 For Sale $3,999,999 +77.8% $1,865 / Sq Ft
01/31/2015 01/31/15 Off Market $2,250,000 -- --
01/19/2013 01/19/13 For Sale $3,999,999 -- $1,865 / 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 $17,509 $420,052 -- --
2024 $11,440 $283,647 -- --
2023 $11,440 $203,055 $203,055 $0
2022 $10,974 $192,930 $192,930 $0
2021 $11,666 $202,905 $202,905 $0
2020 $11,592 $271,245 $271,245 $0
2019 $8,406 $110,600 $22,120 $88,480
2018 $8,009 $124,230 $24,840 $99,390
2017 $8,271 $128,100 $25,620 $102,480
2016 $8,098 $124,210 $24,840 $99,370
2015 $7,683 $99,360 $19,870 $79,490
Source: Public Records

Agents Affiliated with this Home

  • Jeff Fields

    Seller's Agent in 2018

    Jeff Fields

    Russ Lyon Sotheby's International Realty

    (480) 269-3123

    1 in this area

    76 Total Sales

    Jeff Fields
    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Mark Moskowitz

    Russ Lyon Sotheby's International Realty

    (602) 499-0740

    Mark Moskowitz
    Section Image
  • Julie Linhart

    Buyer's Agent in 2018

    Julie Linhart

    Compass

    (602) 570-6878

    4 in this area

    16 Total Sales

    Julie Linhart
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4882588

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-04-007

Arizona Maricopa County Paradise Valley 85253

7550 N Hummingbird Ln, Paradise Valley, AZ

This home is located at 7550 N Hummingbird Ln, Paradise Valley, AZ 85253 since 19 January 2013 and is currently estimated at $5,878,000, approximately $2,740 per square foot. This property was built in 1963. 7550 N Hummingbird Ln 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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