NOT LISTED FOR SALE

8602 N 58th Place Paradise Valley, AZ 85253

Estimated Value: $6,926,000 - $8,031,000

6 Beds
7.5 Baths
9,247 Sq Ft
$817/Sq Ft Est. Value

Last Sold June 04, 2018

Last sale price $3,350,000 $362 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $41,734/month

116 Days on Market

Highlights

  • Guest House
  • Heated Lap Pool
  • Mountain View
  • Cherokee Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom

About This Home

As of June 2018

No detail was left unconsidered in this custom home built by Tiamet. As you enter the gated circular drive you are greeted by clean lines showcasing the exquisite french doors that frame beautiful lush grounds and the resort style lap pool. Inspired architecture lives in harmony with a modern floorplan featuring 5 bedrooms, all ensuite, in the main house. Expansive living spaces lend the home to spectacular entertaining, a wet bar adjacent to the climate controlled wine room, home theatre, billiard room, and multiple covered patios with a large ramada and outdoor kitchen. The gourmet kitchen includes sub-zero Fridge/Freezer, Viking gas range with double ovens and warming drawers. The charming casita will delight guests as they watch the mountain and sunset views from their private patio.

Last Agent to Sell the Property

Walter Danley

Walt Danley Realty, LLC License #SA016756000 Listed on: 01/26/2018

Co-Listed By

Catherine Jacobson

Walt Danley Realty, LLC License #SA018115000

Last Buyer's Agent

Walt Danley

Walt Danley Local Luxury Christie's International Real Estate License #SA016756000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,894

Year Built

  • Built in 2005

Lot Details

  • 1.22 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 6 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

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

Interior Spaces

  • 9,247 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 7.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Smart Home

Pool

  • Heated Lap Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Gazebo
  • Built-In Barbecue
  • Playground

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Guest House

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 168-58-017

Community Details

Overview

  • No Home Owners Association
  • Built by Tiamet
  • Equestrian Trails Subdivision

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,894

Year Built

Built in 2005

Lot Details

0

Parking

6

Listing Details

  • Cross Street: Doubletree & Invergordon
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2005
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: West on Doubletree to Via Los Caballos. South on Via Los Caballos. South on 58th to property.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.22
  • Co List Office Mls Id: wdan01
  • Co List Office Phone: 480-991-2050
  • Subdivision Name: EQUESTRIAN TRAILS
  • Architectural Style: Other (See Remarks), Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Technology:Smart Home System: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Wood
  • Spa Features: Heated, Private
  • Possible Bedrooms: 9
  • Total Bedrooms: 6
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 9247.0
  • Stories: 1
  • Window Features: Skylight(s), Wood Frames, Double Pane Windows
  • ResoLivingAreaSource: Owner
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: 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:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Circular Drive, Covered Patio(s), Playground, Gazebo/Ramada, Patio, Private Yard, Sport Court(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Lap, Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Other Structures: Guest House
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, Temp Controlled
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Temp Controlled: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned
  • 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

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 53146.0
  • Parcel #: 168-58-017
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Tiamet

Tax Info

  • Tax Annual Amount: 18894.0
  • Tax Book Number: 168.00
  • Tax Lot: 15
  • Tax Map Number: 58.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
May 31, 2018
Sold by
Edson William B
Bought by
Burbidge Vaughn and Burbidge Wendy
Seller's Agent
Walter Danley
Walt Danley Realty, LLC
Buyer's Agent
Walt Danley
Walt Danley Local Luxury Christie's International Real Estate
List Price
$4,000,000
Sold Price
$3,350,000
Premium/Discount to List
-$650,000
-16.25%
Current Estimated Value
$7,556,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,206,521
Avg. Annual Appreciation
11.72%

Purchase Details

Closed on
Sep 26, 2006
Sold by
Jordan William
Bought by
Edson William B and Edson Sharon L

Purchase Details

Closed on
May 6, 2005
Sold by
Sorensen Robert A
Bought by
Jordan William

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
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2003
Sold by
Minard Steven E
Bought by
Sorensen Robert A and Sorensen Janey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 1995
Sold by
Bell Thomas A B
Bought by
Minard Steven E and Minard Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1994
Sold by
Walker Russell W
Bought by
Bell Thomas A B and Bell Teri E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.67%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Burbidge Vaughn $3,350,000 Fidelity National Title Agen
Edson William B $5,850,000 Transnation Title Ins Co
Jordan William $1,400,000 Transnation Title
Sorensen Robert A $830,000 First American Title Ins Co
Minard Steven E $350,000 Security Title Agency
Bell Thomas A B $323,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jordan William $1,000,000
Previous Owner Sorensen Robert A $664,000
Previous Owner Minard Steven E $250,000
Previous Owner Bell Thomas A B $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2018 06/04/18 Sold $3,350,000 -16.3% $362 / Sq Ft
01/26/2018 01/26/18 For Sale $4,000,000 -- $433 / 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 $20,055 $351,353 -- --
2024 $19,770 $334,622 -- --
2023 $19,770 $389,120 $77,820 $311,300
2022 $18,940 $331,650 $66,330 $265,320
2021 $20,172 $323,830 $64,760 $259,070
2020 $20,040 $287,370 $57,470 $229,900
2019 $19,327 $280,150 $56,030 $224,120
2018 $18,587 $249,700 $49,940 $199,760
2017 $18,894 $251,510 $50,300 $201,210
2016 $18,667 $253,220 $50,640 $202,580
2015 $17,681 $253,220 $50,640 $202,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5714847

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-58-017