NOT LISTED FOR SALE

8601 N 61st Place Paradise Valley, AZ 85253

Estimated Value: $6,648,000 - $8,846,405

6 Beds
8 Baths
8,142 Sq Ft
$909/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $8,850,000 $1,087 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $40,441/month

41 Days on Market

Highlights

  • Heated Spa
  • Mountain View
  • Wood Flooring
  • Cherokee Elementary School Rated A
  • Contemporary Architecture
  • 3 Fireplaces

About This Home

As of July 2023

Sitting on 1.3 ACRES with a HUGE GRASS BACKYARD is a fabulous 8,142 sqft home with exquisite finishes. The 6 bedrm, 8 bath + 2 flex rm residence features brass hardware from Amsterdam, custom parquets in beautiful french oak flooring + cabinetry, unique Llorca marble, terrazzo tile, + steel windows + doors. The kitchen w/ razor cut edge granite countertops, limestone floors + Gaggenau appliances opens to an inviting great rm w/glass wine rm + breakfast rm w/floor to ceiling windows. The backyard has an oversized pool w/2 baja shelves + spa, firepit + BBQ, + extensive grass.This home is the epitome of sophisticated luxury living w/attention to detail! The home was extensively renovated in a very expensive neighborhood by Tabarka Homes with C of O in 2021 w/ original structure built in 1991.

Last Agent to Sell the Property

Joan Levinson

Realty ONE Group License #SA020825000 Listed on: 04/29/2023

Last Buyer's Agent

Libby Cohen

RETSY License #SA572812000

RETSY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,987

Year Built

  • Built in 2021

Lot Details

  • 1.31 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 8,142 Sq Ft Home
  • 1-Story Property
  • 3 Fireplaces
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 8 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by FHR Construction
  • Morning Glory Estates Subdivision

Listing and Financial Details

  • Tax Lot 4/-/-
  • Assessor Parcel Number 168-59-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,987

Year Built

Built in 2021

Lot Details

0

Parking

4

Listing Details

  • Cross Street: E Mockingbird LN & Morning Glory RD
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2021
  • Spa Private: Yes
  • Tax Year: 2022
  • Directions: West on E Mockingbird Ln to Morning Glory Rd, North on Morning Glory Rd to E Caballo Dr, East on E. Caballo Dr which curves into 61st Place.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.31
  • Subdivision Name: MORNING GLORY ESTATES
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: 3+ Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 8142.0
  • Stories: 1
  • Window Features: 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:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Corner Lot, Grass Front, Grass Back
  • Pool Features: Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Circular Driveway
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: 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: 57144.0
  • Parcel #: 168-59-006

Building Info

  • Builder Name: FHR Construction

Tax Info

  • Tax Annual Amount: 13987.0
  • Tax Book Number: 168.00
  • Tax Lot: 4/-/-
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2023
Closed on
Jul 31, 2023
Sold by
Karle Richard and Karle Tonnie
Bought by
Coleman-Solbraekke Community Property Trust and Coleman
Seller's Agent
Joan Levinson
Realty ONE Group
Buyer's Agent
Libby Cohen
RETSY
List Price
$8,995,000
Sold Price
$8,850,000
Premium/Discount to List
-$145,000
-1.61%
Views
147
Current Estimated Value
$7,404,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,445,198
Avg. Annual Appreciation
-7.89%
Original Mortgage
$6,126,050
Outstanding Balance
$5,989,412
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,415,390

Purchase Details

Listed on
Jul 9, 2022
Closed on
Aug 17, 2022
Sold by
5450 Arcadia Lane Llc
Bought by
Karle Richard and Karle Tonnie
Seller's Agent
Joseph Scalia
Realty Executives Arizona Territory
Buyer's Agent
Samuel Jandel
Compass
List Price
$8,399,000
Sold Price
$7,800,000
Premium/Discount to List
-$599,000
-7.13%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%
Original Mortgage
$4,500,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2020
Closed on
Sep 10, 2020
Sold by
Meir Zenati and Meir Yvonne Zenati
Bought by
5450 Arcadia Lane Llc
Seller's Agent
Cionne McCarthy
Russ Lyon Sotheby's International Realty
Buyer's Agent
Joseph Scalia
Realty Executives Arizona Territory
List Price
$2,595,000
Sold Price
$2,200,000
Premium/Discount to List
-$395,000
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.37%

Purchase Details

Listed on
May 14, 2020
Closed on
Sep 9, 2020
Sold by
Hicks Linda L and Hi Hicks Marital Trust
Bought by
Meir Zenati and Meir Yvonne Zenati
Seller's Agent
Cionne McCarthy
Russ Lyon Sotheby's International Realty
Buyer's Agent
Joseph Scalia
Realty Executives Arizona Territory
List Price
$2,595,000
Sold Price
$2,200,000
Premium/Discount to List
-$395,000
-15.22%

Purchase Details

Closed on
Jan 5, 2018
Sold by
Hicks William T
Bought by
Hicks William T and Hicks Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2008
Sold by
Miller Stephen W
Bought by
Hicks William T and Hicks Linda L

Purchase Details

Closed on
Jul 26, 2000
Sold by
Yosowitz Lee S
Bought by
Miller Stephen W and Miller Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1998
Sold by
Yosowitz Lee S and Yosowitz Janet E
Bought by
Yosowitz Lee S and Yosowitz Janet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.17%

Purchase Details

Closed on
Jun 11, 1998
Sold by
Yosowitz Lee S
Bought by
Yosowitz Lee S and Yosowitz Janet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.17%

Purchase Details

Closed on
Mar 6, 1996
Sold by
Stocks Sandra S
Bought by
Yosowitz Lee S and Yosowitz Janet E

Purchase Details

Closed on
Feb 22, 1996
Sold by
Yosowitz Lee S and Yosowitz Janet E
Bought by
Yosowitz Lee S and Yosowitz Janet E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Coleman-Solbraekke Community Property Trust $8,850,000 Fidelity National Title Agency
Karle Richard $7,800,000 New Title Company Name
5450 Arcadia Lane Llc -- Equity Title Agency Inc
Meir Zenati $2,200,000 Equity Title Agency Inc
Hicks William T -- None Available
Hicks William T $2,105,000 First American Title Ins Co
Miller Stephen W $1,650,000 Arizona Title Agency Inc
Yosowitz Lee S -- Fidelity Title
Yosowitz Lee S -- Fidelity Title
Yosowitz Lee S -- --
Yosowitz Lee S -- --
Stocks Sandra S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman-Solbraekke Community Property Trust $6,126,050
Previous Owner Karle Richard $4,500,000
Previous Owner Miller Stephen W $1,000,000
Previous Owner Yosowitz Lee S $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $8,850,000 -1.6% $1,087 / Sq Ft
07/26/2023 07/26/23 Price Changed $8,995,000 0.0% $1,105 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $8,995,000 +15.3% $1,105 / Sq Ft
08/22/2022 08/22/22 Sold $7,800,000 -7.1% $958 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $8,399,000 +281.8% $1,032 / Sq Ft
09/10/2020 09/10/20 Sold $2,200,000 -8.1% $286 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/23/2020 08/23/20 Price Changed $2,395,000 -7.7% $312 / Sq Ft
05/14/2020 05/14/20 For Sale $2,595,000 -- $338 / 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 $14,185 $251,491 -- --
2024 $13,981 $165,523 -- --
2023 $13,981 $286,620 $57,320 $229,300
2022 $13,987 $236,150 $47,230 $188,920
2021 $14,868 $230,650 $46,130 $184,520
2020 $14,173 $210,360 $42,070 $168,290
2019 $13,663 $197,870 $39,570 $158,300
2018 $13,133 $178,730 $35,740 $142,990
2017 $12,681 $190,210 $38,040 $152,170
2016 $12,403 $186,580 $37,310 $149,270
2015 $11,737 $186,580 $37,310 $149,270
Source: Public Records

Agents Affiliated with this Home

  • Joan Levinson

    Seller's Agent in 2023

    Joan Levinson

    Realty One Group

    (480) 543-0006

    87 in this area

    124 Total Sales

    Joan Levinson
    Section Image
  • Libby Cohen

    Buyer's Agent in 2023

    Libby Cohen

    RETSY

    (602) 291-1446

    31 in this area

    138 Total Sales

    Libby Cohen
    Section Image
  • Julie Rohr

    Buyer Co-Listing Agent in 2023

    Julie Rohr

    RETSY

    (602) 317-5667

    21 in this area

    90 Total Sales

    Julie Rohr
    Section Image
  • Joseph Scalia

    Seller's Agent in 2022

    Joseph Scalia

    Realty Executives

    (480) 650-8948

    11 in this area

    25 Total Sales

    Joseph Scalia
    Section Image
  • Samuel Jandel

    Buyer's Agent in 2022

    Samuel Jandel

    Compass

    (937) 418-4595

    6 in this area

    78 Total Sales

    Samuel Jandel
    Section Image
  • Bryce Buchanan

    Buyer Co-Listing Agent in 2022

    Bryce Buchanan

    Compass

    (480) 338-1564

    1 in this area

    60 Total Sales

    Bryce Buchanan
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6550480

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-59-006

Arizona Maricopa County Paradise Valley 85253

8601 N 61st Place, Paradise Valley, AZ

This home is located at 8601 N 61st Place, Paradise Valley, AZ 85253 since 29 April 2023 and is currently estimated at $7,404,802, approximately $909 per square foot. This property was built in 2021. 8601 N 61st Place is a home located in Maricopa County with nearby schools including Cherokee Elementary School, Cocopah Middle School, and Chaparral 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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