$5,500,000
$496K PRICE DROP

8312 N 50th St Paradise Valley, AZ 85253

Estimated payment $31,057/month

Total Views 23,202
8 Beds
9 Baths
10,094 Sq Ft
$545 Price per Sq Ft

Highlights

  • Heated Spa
  • RV Access or Parking
  • 1.63 Acre Lot
  • Cherokee Elementary School Rated A
  • Gated Parking
  • Two Primary Bathrooms

About This Home

Incredible Buy! This spectacular estate on nearly 1.7 acres is one of the best values available in Paradise Valley! Featuring 8 Bedrooms, 9 Bathrooms and over 10,000 square feet, this privately gated home with stunning Mummy Mountain and Phoenix Mountain Preserve views, checks every box and offers plenty of amenities. Incredible backyard with koi ponds, waterfalls, large pool with waterslide and grotto and 6 Tee-boxes with a southwest Greens practice area. Gorgeous light and bright kitchen with Wolf & Sub Zero appliances, state of the art movie theater, game room, bar, sauna & steam room! This property is conveniently located within minutes from the new Global Ambassador, world class resorts, shopping, dining and golf!

Listing Agent

Josh Peters

Realty ONE Group Brokerage Phone: 480-788-7556 License #SA640957000 Listed on: 12/20/2024

Realty ONE Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,052

Year Built

  • Built in 1995

Lot Details

  • 1.63 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 5 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 10,094 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Free Standing Fireplace
  • Gas Fireplace
  • Mechanical Sun Shade
  • Wood Frame Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Smart Home

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Wolf Appliances
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Pool

  • Heated Spa
  • Play Pool
  • Pool Pump
  • Diving Board

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Playground

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Heavilin's Habitat Lot 1 2 Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 168-67-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,052

Year Built

Built in 1995

Lot Details

0

Parking

5

Listing Details

  • Cross Street: Mockingbird and Tatum
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Cooling HVAC SEER Rating: 15
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2024
  • Directions: From Lincoln and Tatum, go North on Tatum Road and then East on Mockingbird Lane. Then go North on 50th St to the property in the cul-de-sac.
  • Attribution Contact: 480-788-7556
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.63
  • Subdivision Name: HEAVILIN'S HABITAT LOT 1 2
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Fireplace Features Freestnd Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Finished, Full
  • Flooring: Tile, Wood
  • Basement YN: Yes
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 11
  • Total Bedrooms: 8
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Free Standing, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 10094.0
  • Stories: 1
  • Window Features: Skylight(s), Mechanical Sun Shds, Wood Frames
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Full: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Playground, Balcony, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Grass Front, Grass Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Play Pool, Diving Pool, Heated
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: RV Access/Parking, Gated, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Over Height Garage, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Open Parking Spaces: 6.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: ENERGY STAR Qualified Equipment, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • 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: 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: 70902.0
  • Parcel #: 168-67-021

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 21052.0
  • Tax Book Number: 168.00
  • Tax Lot: 1
  • Tax Map Number: 67.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $21,052 $368,310 -- --
2024 $20,753 $350,771 -- --
2023 $20,753 $407,220 $81,440 $325,780
2022 $19,883 $318,160 $63,630 $254,530
2021 $21,663 $318,280 $63,650 $254,630
2020 $21,521 $311,550 $62,310 $249,240
2019 $20,757 $297,910 $59,580 $238,330
2018 $19,964 $279,480 $55,890 $223,590
2017 $19,155 $284,850 $56,970 $227,880
2016 $18,742 $323,650 $64,730 $258,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $5,500,000 -2.7% $545 / Sq Ft
05/26/2025 05/26/25 Price Changed $5,650,000 -1.7% $560 / Sq Ft
02/05/2025 02/05/25 Price Changed $5,748,888 -4.1% $570 / Sq Ft
12/20/2024 12/20/24 For Sale $5,995,888 -- $594 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Empire West Title Agency
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Interfamily Deed Transfer -- Old Republic Title Agency
Interfamily Deed Transfer -- Old Republic Title Agency
Interfamily Deed Transfer -- First Arizona Title Agency
Interfamily Deed Transfer -- First Arizona Title Agency
Cash Sale Deed $1,600,000 Fidelity Natl Title Agency I
Deed $4,740,000 Ticor Title Agency Of Az Inc
Interfamily Deed Transfer -- Arizona Title Agency Inc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Cash Sale Deed $1,200,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Open $2,990,000 New Conventional
Closed $90,000 Commercial
Closed $2,000,000 Commercial
Closed $1,490,000 Adjustable Rate Mortgage/ARM
Closed $250,000 Unknown
Closed $450,000 Adjustable Rate Mortgage/ARM
Closed $418,200 Adjustable Rate Mortgage/ARM
Previous Owner $142,500 Unknown
Previous Owner $100,000 Unknown
Previous Owner $3,250,000 Purchase Money Mortgage
Previous Owner $1,500,000 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6796258

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-67-021