NOT LISTED FOR SALE

8223 N Loma Ln Paradise Valley, AZ 85253

Estimated Value: $4,135,000 - $8,678,088

5 Beds
5 Baths
4,507 Sq Ft
$1,542/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $6,750,000 $1,498 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $38,621/month

2 Days on Market

Highlights

  • Tennis Courts
  • Private Pool
  • Wood Flooring
  • Cherokee Elementary School Rated A
  • Mountain View
  • Hydromassage or Jetted Bathtub

About This Home

As of April 2021

This home is located at 8223 N Loma Ln, Paradise Valley, AZ 85253 since 27 April 2021 and is currently estimated at $6,950,363, approximately $1,542 per square foot. This property was built in 1977. 8223 N Loma Ln is a home located in Maricopa County with nearby schools including Cherokee Elementary School, Cocopah Middle School, and Chaparral High School.

Last Agent to Sell the Property

Frank DiMaggio

Compass License #SA671179000 Listed on: 04/27/2021

Compass

Last Buyer's Agent

Bob Pfeiffer

Coldwell Banker Realty License #SA629984000

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,625

Year Built

  • Built in 1977

Lot Details

  • 1.53 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Direct Access Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,507 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Tennis Courts
  • Covered Patio or Porch

Schools

  • Cherokee Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by MDF
  • Vista Rica Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 168-75-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,625

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Cross Street: N. 54th St. & E. Mockingbird Ln.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1977
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.53
  • Subdivision Name: VISTA RICA
  • Architectural Style: Other
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Central Vacuum, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4507.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Tennis Court(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Tennis Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: 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: Cherokee Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 66458.0
  • Parcel #: 168-75-014

Building Info

  • Builder Name: MDF

Tax Info

  • Tax Annual Amount: 8625.0
  • Tax Book Number: 168.00
  • Tax Lot: 12
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Apr 23, 2021
Sold by
6Ts 85253 Llc
Bought by
Shaffer Dean I and Peters Linda J
Seller's Agent
Frank DiMaggio
Compass
Buyer's Agent
Bob Pfeiffer
Coldwell Banker Realty
List Price
$6,750,000
Sold Price
$6,750,000
Current Estimated Value
$6,950,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,363
Avg. Annual Appreciation
0.66%
Original Mortgage
$6,000,000
Outstanding Balance
$5,425,924
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$1,524,439

Purchase Details

Listed on
Aug 25, 2020
Closed on
Dec 1, 2020
Sold by
Crichton John E and Crichton Alice W
Bought by
6Ts 85253 Llc
Seller's Agent
Emily Devlin
Coldwell Banker Realty
Buyer's Agent
Frank DiMaggio
Compass
List Price
$1,999,000
Sold Price
$1,500,000
Premium/Discount to List
-$499,000
-24.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3819.23%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shaffer Dean I $6,750,000 Premier Title Agency
6Ts 85253 Llc -- None Available
6Ts 85253 Llc $1,500,000 Premier Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaffer Dean I $6,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2021 04/29/21 Sold $6,750,000 0.0% $1,498 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $6,750,000 +350.0% $1,498 / Sq Ft
12/01/2020 12/01/20 Sold $1,500,000 -25.0% $333 / Sq Ft View Prior Sale
08/25/2020 08/25/20 For Sale $1,999,000 -- $444 / 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 $19,509 $331,855 -- --
2024 $6,984 $316,052 -- --
2023 $6,984 $232,470 $232,470 $0
2022 $8,734 $153,410 $30,680 $122,730
2021 $9,285 $141,560 $28,310 $113,250
2020 $8,625 $134,980 $26,990 $107,990
2019 $8,307 $130,250 $26,050 $104,200
2018 $7,976 $128,760 $25,750 $103,010
2017 $7,639 $122,970 $24,590 $98,380
2016 $7,466 $117,760 $23,550 $94,210
2015 $7,053 $117,760 $23,550 $94,210
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6228954

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-75-014