NOT LISTED FOR SALE

8401 N El Maro Cir Paradise Valley, AZ 85253

Estimated Value: $6,368,000 - $7,296,000

5 Beds
7 Baths
8,239 Sq Ft
$837/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $4,000,000 $485 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $38,385/month

15 Days on Market

Highlights

  • Private Pool
  • 2.03 Acre Lot
  • Mountain View
  • Cherokee Elementary School Rated A
  • Two Primary Bathrooms
  • Contemporary Architecture

About This Home

As of April 2021

2 ACRE Transitional Contemporary with incredible Curb Appeal + Lush Green Landscaping in Privately GATED El Maro Estates, which consists of 18 Elegant Custom Homes on Large Lots! All rooms in this 8,200+ sqft Single-Level residence are over-sized + have extremely high ceilings. The home has a Large Master Suite with 2 FULL Bathrooms, 4 Spacious Guest En Suites, a Gorgeous Wood-Paneled Office, Formal Dining, Huge Family + Living Rooms + Wet Bar with Wine Closet. The 2 ACRE property has beautiful grounds with Huge grass lawns, mature trees, extensive covered patios + sparkling pool+spa. There is PLENTY of room for a TENNIS COURT, a Guest House or More Garages! Quality Construction by Notable Builder, Dave Hanson, who is known to have built homes for some of the most affluent residents of PV.

Last Agent to Sell the Property

Joan Levinson

Realty ONE Group License #SA020825000 Listed on: 03/22/2021

Last Buyer's Agent

Carol Noto

HomeSmart License #SA513450000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,079

Year Built

  • Built in 1995

Lot Details

  • 2.03 Acre Lot
  • Desert faces the front of the property
  • Private Streets
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $405 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Designed by Domenic Berta Architects
  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 8,239 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • 3 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Two Primary Bathrooms
  • 7 Bathrooms
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Pool

  • Private Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

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

  • Association fees include ground maintenance, street maintenance
  • El Maro Estates Association, Phone Number (602) 277-2020
  • Built by Dave Hanson
  • Elmaro Estates Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 174-36-163

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,079

Year Built

Built in 1995

Lot Details

0

HOA Fees

$405 per month

Parking

4

Listing Details

  • Cross Street: INVERGORDON - N OF MOCKINGBIRD TO GATE
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Domenic Berta
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 405.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: North on Invergordon, turn Right on El Maro Circle to Gate. Continue past gate to the Right - Property will be the first on your left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 2.03
  • Subdivision Name: ELMARO ESTATES
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 405.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, 2 Master Baths, Bidet, Separate Shwr & Tub, Tub with Jets
  • Living Area: 8239.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Front, Grass Back
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener, Direct Access, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 405.0
  • Association Fee Frequency: Monthly
  • Association Name: El Maro Estates
  • Phone: 602-277-2020
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: El Maro Estates
  • Association Fees:HOA Telephone4: 602-277-2020
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 5000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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: 88515.0
  • Parcel #: 174-36-163

Building Info

  • Builder Name: Dave Hanson

Tax Info

  • Tax Annual Amount: 16079.0
  • Tax Book Number: 174.00
  • Tax Lot: 14
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 13, 2021
Sold by
Johnston Bonita K and Mej Family Irrevocable Trust
Bought by
Noto John C and Noto Dawn M
Seller's Agent
Joan Levinson
Realty ONE Group
Buyer's Agent
Carol Noto
HomeSmart
List Price
$4,500,000
Sold Price
$4,000,000
Premium/Discount to List
-$500,000
-11.11%
Current Estimated Value
$6,898,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,898,317
Avg. Annual Appreciation
14.68%

Purchase Details

Closed on
Dec 20, 2012
Sold by
Johnston Margaret E
Bought by
Johnston Lee A and Mej Family Irrevocable Trust

Purchase Details

Closed on
Mar 30, 1994
Sold by
Dave Hansen Construction Inc
Bought by
Johnston Dean and Johnston Margaret E
Source: Public Records

Range of Values:

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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
Noto John C $4,000,000 Millennium Title Agency
Johnston Lee A -- None Available
Johnston Margaret E -- None Available
Johnston Dean $400,000 United Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $4,000,000 -11.1% $485 / Sq Ft
03/22/2021 03/22/21 For Sale $4,500,000 -- $546 / 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 $14,728 $250,523 -- --
2024 $8,519 $238,593 -- --
2023 $8,519 $283,560 $283,560 $0
2022 $15,190 $265,420 $53,080 $212,340
2021 $16,186 $307,670 $61,530 $246,140
2020 $16,079 $297,010 $59,400 $237,610
2019 $15,503 $211,870 $42,370 $169,500
2018 $18,927 $254,130 $50,820 $203,310
2017 $18,958 $252,330 $50,460 $201,870
2016 $19,303 $258,520 $51,700 $206,820
2015 $18,284 $246,210 $49,240 $196,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6210595

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-36-163