NOT LISTED FOR SALE

9071 N 53rd Place Unit 2 Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $4,629,000 - $6,218,000

5 Beds
7 Baths
6,576 Sq Ft
$789/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $3,050,000 $464 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $29,862/month

About This Home

As of December 2020

Gorgeous expansive property in Paradise Valley that takes your breath away with it's unique beauty and features. Picture-perfect backyard and pool resembles the nicest 5-star resort. Vaulted ceilings, large windows and a spacious floor plan create a light and pleasant atmosphere. Staying in? While you work out in the gym or work in the office, the children can get their energy out on the jungle gym out back. 6 Month minimum lease.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Dec 4, 2020
Sold by
Almuti Walid and Amar Faten D
Bought by
Paradise Valley Place Llc
Seller's Agent
Arthur Estavillo
Cactus Realty Consultants
Buyer's Agent
Arthur Estavillo
Cactus Realty Consultants
List Price
$3,289,900
Sold Price
$3,050,000
Premium/Discount to List
-$239,900
-7.29%
Current Estimated Value
$5,185,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,135,866
Avg. Annual Appreciation
12.64%
Original Mortgage
$2,440,000
Outstanding Balance
$2,185,183
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$3,000,683

Purchase Details

Listed on
Jan 7, 2015
Closed on
Apr 13, 2015
Sold by
Fu Druce and Fu Claire
Bought by
Almuti Walid and Amar Faten D
Seller's Agent
Jeannine Bartnicki
Russ Lyon Sotheby's International Realty
Buyer's Agent
Nick Arekat
Compass
List Price
$2,250,000
Sold Price
$2,200,000
Premium/Discount to List
-$50,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$999,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2010
Sold by
Bank Of America Na
Bought by
Fu Druce and Fu Claire

Purchase Details

Closed on
Jul 23, 2007
Sold by
Arekat Maher N
Bought by
Teufel Dennis E and Teufel Angela T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2003
Sold by
Mountain View Custom Home Builders Inc
Bought by
Ashek Samir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 4, 2001
Sold by
Kaplan Beverly Mages
Bought by
Mountain View Custom Home Builders Inc

Range of Values:

Collateral Analytics

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ICE

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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
Paradise Valley Place Llc $3,050,000 Equity Title Agency Inc
Almuti Walid $2,200,000 First American Title Ins Co
Fu Druce $1,787,000 Guaranty Title Agency
Teufel Dennis E $3,250,000 Camelback Title Agency Llc
Ashek Samir -- American Title Ins Agency Az
Mountain View Custom Home Builders Inc $730,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradise Valley Place Llc $2,440,000
Previous Owner Almuti Walid $1,333,145
Previous Owner Almuti Walid $999,000
Previous Owner Fu Druce $500,000
Previous Owner Fu Druce $1,100,000
Previous Owner Fu Bruce $573,000
Previous Owner Fu Druce $300,000
Previous Owner Teufel Dennis E $2,600,000
Previous Owner Ashek Samir $670,000
Previous Owner Mountain View Custom Home Builders Inc $400,000
Previous Owner Ashek Sam $180,000
Previous Owner Ashek Samir $1,480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Rented $18,000 0.0% --
08/29/2023 08/29/23 Price Changed $18,000 -21.7% $3 / Sq Ft
03/07/2023 03/07/23 Price Changed $23,000 -8.0% $3 / Sq Ft
11/29/2022 11/29/22 Price Changed $25,000 -16.7% $4 / Sq Ft
09/26/2022 09/26/22 For Rent $30,000 0.0% --
12/08/2020 12/08/20 Sold $3,050,000 -7.3% $464 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
04/26/2020 04/26/20 For Sale $3,289,900 +49.5% $500 / Sq Ft
05/18/2015 05/18/15 Sold $2,200,000 -2.2% $335 / Sq Ft
04/06/2015 04/06/15 For Sale $2,250,000 +2.3% $342 / Sq Ft
01/25/2015 01/25/15 Off Market $2,200,000 -- --
01/07/2015 01/07/15 For Sale $2,250,000 -- $342 / Sq Ft

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 $10,021 $250,674 -- --
2024 $14,533 $238,737 -- --
2023 $14,533 $292,680 $58,530 $234,150
2022 $13,941 $228,880 $45,770 $183,110
2021 $14,820 $206,230 $41,240 $164,990
2020 $14,220 $197,670 $39,530 $158,140
2019 $13,800 $190,200 $38,040 $152,160
2018 $13,265 $192,230 $38,440 $153,790
2017 $12,720 $201,410 $40,280 $161,130
2016 $12,442 $206,100 $41,220 $164,880
2015 $11,774 $206,100 $41,220 $164,880
Source: Public Records

Agents Affiliated with this Home

  • Charles Martinet

    Seller's Agent in 2023

    Charles Martinet

    Grand Canyon Realty

    (480) 343-9404

    27 in this area

    144 Total Sales

    Charles Martinet
    Section Image
  • Arthur Estavillo

    Seller's Agent in 2020

    Arthur Estavillo

    Cactus Realty Consultants

    (602) 432-4266

    2 in this area

    19 Total Sales

    Arthur Estavillo
    Section Image

  • J

    Seller's Agent in 2015

    Jeannine Bartnicki

    Russ Lyon Sotheby's International Realty

    (602) 999-0676

    2 in this area

    20 Total Sales

    Jeannine Bartnicki
    Section Image
  • Nick Arekat

    Buyer's Agent in 2015

    Nick Arekat

    Compass

    (602) 321-2084

    25 in this area

    174 Total Sales

    Nick Arekat
    Section Image

  • N

    Buyer's Agent in 2015

    Nawaf Arekat

    Coldwell Banker Success Realty

See All Agents

Map

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

9071 N 53rd Place Unit 2, Paradise Valley, AZ

Homes for Sale in Paradise Valley, AZ

This home is located at 9071 N 53rd Place Unit 2, Paradise Valley, AZ 85253 and is currently estimated at $5,185,866, approximately $788 per square foot. 9071 N 53rd Place Unit 2 is a home located in Maricopa County with nearby schools including Cherokee Elementary School, Cocopah Middle School, and Chaparral High School.

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