NOT LISTED FOR SALE

8505 N 56th St Paradise Valley, AZ 85253

Estimated Value: $3,219,000 - $4,862,000

5 Beds
4 Baths
4,230 Sq Ft
$960/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $2,250,000 $532 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $22,634/month

13 Days on Market

Highlights

  • Private Pool
  • 0.99 Acre Lot
  • Fireplace in Primary Bedroom
  • Cherokee Elementary School Rated A
  • Mountain View
  • Santa Barbara Architecture

About This Home

As of March 2021

Elegance and warmth describe this jewel box in the heart of Paradise Valley! A true architectural Spanish Colonial Revival design, it shows the influence of a 1920's Pasadena home, but remodeled to perfection with the expertise of an interior designer. Beautifully remodeled, white and light kitchen with huge island with bar seating, walk-in pantry and cabinet door design opens to casual dining and generous, inviting family room with fireplace. Decorative wood front doors and impressive millwork are a few of the accents. There are two offices, or 5 bedrooms with designer remodeled bathrooms and powder room. Master bedroom with cozy fireside seating, split walk-in closets and GORGEOUS Master bathroom! Sit outside on the deep covered patio gazing over the pool to the newly built ramada... (2019), the practice your putting on the green! The 3 car garage has two storage closets and built-in storage cabinets, and generous storage areas in the home as well. Immaculately maintained this stylish home is located in a prime area of Paradise Valley and a fabulous neighborhood.

Last Agent to Sell the Property

Walter Danley

Walt Danley Realty, LLC License #SA016756000 Listed on: 01/12/2021

Co-Listed By

Catherine Jacobson

Walt Danley Realty, LLC License #SA018115000

Last Buyer's Agent

Angela Sierpina

Fathom Realty Elite License #SA631759000

Fathom Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,177

Year Built

  • Built in 1993

Lot Details

  • 0.99 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Santa Barbara Architecture
  • Spanish Architecture
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,230 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

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 McBride
  • Paradise Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 168-57-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,177

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Doubletree and 56th Street
  • 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: 1993
  • Tax Year: 2020
  • Directions: South on 56th towards Mockingbird Lane, property on East side of the street.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.99
  • Co List Office Mls Id: wdan01
  • Co List Office Phone: 602-295-7808
  • Subdivision Name: PARADISE
  • Architectural Style: Other, Spanish, Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4230.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Painted, Block
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Circular Driveway
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Security System Owned
  • 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: 43320.0
  • Parcel #: 168-57-030

Building Info

  • Builder Name: McBride

Tax Info

  • Tax Annual Amount: 8177.0
  • Tax Book Number: 168.00
  • Tax Lot: 8
  • Tax Map Number: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 25, 2021
Sold by
Cain Irby K and Cain Sue M
Bought by
White Richard S and White Constance K
Seller's Agent
Walter Danley
Walt Danley Realty, LLC
Buyer's Agent
Angela Sierpina
Fathom Realty Elite
List Price
$2,295,000
Sold Price
$2,250,000
Premium/Discount to List
-$45,000
-1.96%
Current Estimated Value
$4,060,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,810,318
Avg. Annual Appreciation
14.08%

Purchase Details

Closed on
Oct 23, 2013
Sold by
Cain Irby K and Cain Sue M
Bought by
Cain Irby K and Cain Sue M

Purchase Details

Closed on
Feb 19, 1998
Sold by
Mcbride George C and Mcbride Carole M
Bought by
Cain Irby K and Cain Sue M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.11%
Mortgage Type
New Conventional
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
White Richard S $2,250,000 Premier Title Agency
Cain Irby K -- None Available
Cain Irby K $895,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rc Family Trust $4,162,500
Previous Owner Cain Irby K $910,000
Previous Owner Cain Irby K $864,000
Previous Owner Cain Irby K $850,000
Previous Owner Cain Irby K $450,000
Previous Owner Cain Irby K $250,000
Previous Owner Cain Irby K $333,000
Previous Owner Cain Irby K $450,000
Previous Owner Mcbride George C $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $2,250,000 -2.0% $532 / Sq Ft
01/08/2021 01/08/21 For Sale $2,295,000 -- $543 / 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 $8,184 $149,419 -- --
2024 $8,063 $142,304 -- --
2023 $8,063 $176,770 $35,350 $141,420
2022 $7,710 $162,480 $32,490 $129,990
2021 $8,234 $159,900 $31,980 $127,920
2020 $8,177 $146,300 $29,260 $117,040
2019 $7,874 $133,470 $26,690 $106,780
2018 $7,559 $121,770 $24,350 $97,420
2017 $7,239 $117,010 $23,400 $93,610
2016 $7,075 $112,580 $22,510 $90,070
2015 $6,682 $112,580 $22,510 $90,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6178841

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-57-030