$7,800,000
SOLD AUG 22, 2022

8601 N 61st Place Paradise Valley, AZ 85253

6 Beds
8 Baths
8,142 Sq Ft
1.31 Acres

Recently Sold

$958 Per Sq Ft

7% Below List Price

19 Days on Market

Highlights

  • Heated Pool
  • RV Gated
  • Vaulted Ceiling
  • Cherokee Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of July 2023

Another creation by Tabarka Home in the incredibly idyllic Morning Glory Estates. An exquisite blend of Modern & Mediterranean creating a design-forward, yet timeless ambiance. Finished with the high level of materials, craftsmanship & attention to detail that Tabarka Home is known for. 8,148 sqft on 1.3 acres in PV's most iconic neighborhood. The Block constructed home is adorned with French Oak flooring and custom parquets, Llorca marble, terrazzo tile, Steel windows & doors, Waterworks plumbing fixtures, custom European hardware and capped off with beautiful custom roof tiles. The natural light-filled & flowing floorplan has 6 bedrooms , plus Office and Gameroom which offers unlimited flexibility.

Last Agent to Sell the Property

Joseph Scalia

Realty Executives Arizona Territory License #SA530305000 Listed on: 07/09/2022

Realty Executives Arizona Territory

Last Buyer's Agent

Samuel Jandel

Compass License #SA661838000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,868

Year Built

  • Built in 2021

Lot Details

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

Parking

  • 4 Car Garage
  • Side or Rear Entrance to Parking
  • Circular Driveway
  • RV Gated

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 8,142 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 3 Fireplaces
  • Double Pane Windows
  • Fire Sprinkler System

Kitchen

  • Eat-In 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

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Contractor-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

$14,868

Year Built

Built in 2021

Lot Details

0

Parking

4

Listing Details

  • Cross Street: E. MOCKINGBIRD LN & MORNING GLORY RD
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • 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: 2021
  • Spa Private: Yes
  • Tax Year: 2021
  • 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 N. 61st Place. Property on the corner.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.31
  • Subdivision Name: MORNING GLORY ESTATES
  • Architectural Style: Contemporary, Spanish
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Private
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: 3+ Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Fire Sprinklers, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Granite Counters
  • Living Area: 8142.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Covered Patio(s), Patio
  • Lot Features: Grass Front, Grass Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Gate, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Contractor-FHR Construction

Tax Info

  • Tax Annual Amount: 14868.0
  • 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:

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 Type Sale Price Title Company
Warranty Deed $8,850,000 Fidelity National Title Agency
Warranty Deed $7,800,000 New Title Company Name
Quit Claim Deed -- Equity Title Agency Inc
Warranty Deed $2,200,000 Equity Title Agency Inc
Interfamily Deed Transfer -- None Available
Cash Sale Deed $2,105,000 First American Title Ins Co
Warranty Deed $1,650,000 Arizona Title Agency Inc
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- Fidelity Title
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,126,050 New Conventional
Previous Owner $4,500,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $650,000 No Value Available
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

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

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6431112

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-59-006