$2,200,000
SOLD SEP 10, 2020

8601 N 61st Place Paradise Valley, AZ 85253

6 Beds
7.5 Baths
7,685 Sq Ft
1.31 Acres

Recently Sold

$286 Per Sq Ft

15% Below List Price

103 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Vaulted Ceiling
  • Cherokee Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Santa Barbara Architecture

About This Home

As of July 2023

NOW IS THE TIME! PRIVACY | FUNCTIONALITY | SPACE! Welcome, this fabulous Santa Barbara home sits on 1.3 acres with gorgeous curb appeal and an incredible backyard complete with a sports court, ramada with projector/screen, diving pool, spa, multiple patios, total privacy, and mountain views! Split 6 beds, 7.5 bath, plus large exercise room, indoor sauna, private theater, great room, 3 car garage. Storage is NOT an issue here with ample closets throughout, a garage temperature controlled storage room, and separate exterior storage shed. Designed to accommodate almost any family dynamic and living arrangement. End of cul-de-sac location offers both quiet and ample parking for guests. No better place to call home in one of the most ideal neighborhoods in Paradise Valley!

Last Agent to Sell the Property

Cionne McCarthy

Russ Lyon Sotheby's International Realty License #SA020586000 Listed on: 05/14/2020

Russ Lyon Sotheby's International Realty

Co-Listed By

Mikhail Quijada

Compass License #SA637077000

Last Buyer's Agent

Joseph Scalia

Realty Executives Arizona Territory License #SA530305000

Realty Executives Arizona Territory

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,663

Year Built

  • Built in 1991

Lot Details

  • 1.31 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 7,685 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 7.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Diving Board
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

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

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,663

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Invergordon & Mockingbird
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1991
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: West on Mockingbird to Morning Glory. North on Morning Glory to Caballo. East on Caballo which curves into 61st Place. Property on the corner.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.31
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: MORNING GLORY ESTATES
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: 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
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: 3+ Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 7685.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • 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
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: 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:Separate Workshop: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Sport Court(s), Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Cul-De-Sac, Grass Front, Grass Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Security: Security System Owned
  • 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 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: 57144.0
  • Parcel #: 168-59-006

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat, Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 13663.0
  • 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
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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 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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6078333

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-59-006