Seller's Agent in 2023
Julie Pelle
Compass
(480) 323-6763
24 in this area
320 Total Sales
5635 E Lincoln Dr Unit 39 Paradise Valley, AZ 85253
Paradise Valley NeighborhoodEstimated Value: $4,788,000 - $6,385,000
5
Beds
5.5
Baths
4,665
Sq Ft
$1,157/Sq Ft
Est. Value
Highlights
- Gated with Attendant
- Spa
- Mountain View
- Kiva Elementary School Rated A
- Sitting Area In Primary Bedroom
- Fireplace in Primary Bedroom
About This Home
As of June 2023NEW construction luxury custom home in coveted Paradise Valley. American Tradition Builders & Dwelling Design have collaborated to deliver this inspired contemporary home in Spring 2023, located in the private guard gated community of Mountain Shadows East. Situated at the base of Camelback Mountain & capturing stunning views of Camelback Mountain, Mummy Mountain and Mountain Shadows golf course, this timeless resort property offers highly appointed finishes with retractable doors seamlessly opening to outdoor living with custom spa, fire pit & lush vegetation surrounding endless entertaining opportunities. The striking open floor plan includes custom Oak wood flooring throughout, custom lighting & chandeliers, a great room limestone surround electric fireplace soaring to meet the [MORE] vaulted wood beam ceiling, rich organic color palette, custom glass & steel wine cellar, elegant gourmet main kitchen with SubZero & Wolf appliances, waterfall granite slab breakfast & separate preparation islands & iconic style throughout epitomizing the luxury lifestyle. The master suite with private electric fireplace opens to the back outdoor living space, as with the master bath. The guest bedrooms & office are all ensuite with attached guest quarters offering a kitchenette & living space appointed with luxury appliances & finishes. Eloquent design and finishes await to enjoy the resort-desert living in Paradise Valley.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,309
Year Built
- Built in 2023
Lot Details
- 0.25 Acre Lot
- Desert faces the front and back of the property
- Block Wall Fence
- Corner Lot
- Misting System
- Private Yard
HOA Fees
- $550 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Concrete Roof
- Foam Roof
- Stucco
Interior Spaces
- 4,665 Sq Ft Home
- 1-Story Property
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Gas Fireplace
- Double Pane Windows
- ENERGY STAR Qualified Windows with Low Emissivity
- Family Room with Fireplace
- 3 Fireplaces
- Mountain Views
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- Built-In Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Fireplace in Primary Bedroom
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- 5.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Home Security
- Smart Home
- Fire Sprinkler System
Outdoor Features
- Spa
- Patio
- Outdoor Fireplace
- Built-In Barbecue
Schools
- Kiva Elementary School
- Mohave Middle School
- Saguaro High School
Utilities
- Refrigerated Cooling System
- Zoned Heating
- Heating System Uses Natural Gas
- Water Filtration System
- Water Softener
- High Speed Internet
- Cable TV Available
Additional Features
- No Interior Steps
- ENERGY STAR Qualified Equipment
Listing and Financial Details
- Tax Lot 39
- Assessor Parcel Number 169-43-040
Community Details
Overview
- Association fees include ground maintenance, street maintenance, trash
- Desert Realty Mgnmnt Association, Phone Number (602) 861-5980
- Built by American Traditions Builder
- Mountain Shadow Subdivision
Recreation
- Bike Trail
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 24, 2022
Closed on
Jun 29, 2023
Sold by
Az Csa Re Iii Llc
Bought by
Az Csa Re Iii Llc
Seller's Agent
Julie Pelle
Compass
Buyer's Agent
Morfia Apostolis
eXp Realty
List Price
$5,300,000
Sold Price
$5,200,000
Premium/Discount to List
-$100,000
-1.89%
Total Days on Market
140
Views
171
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,381
Avg. Annual Appreciation
2.07%
Original Mortgage
$4,160,000
Outstanding Balance
$4,080,994
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$1,316,387
Purchase Details
Listed on
Jul 20, 2020
Closed on
Mar 29, 2021
Sold by
Martin Stewart J and Martin Katrina H
Bought by
Az Csa Re Iii Llc
Seller's Agent
Katie Martin
Coldwell Banker Realty
Buyer's Agent
Julie Pelle
Compass
List Price
$1,315,000
Sold Price
$1,250,000
Premium/Discount to List
-$65,000
-4.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.43%
Original Mortgage
$2,200,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 23, 2005
Sold by
Martin Stewart J and Martin Katrina H
Bought by
Mountain Shadows Estates East Homeowners
Purchase Details
Closed on
Sep 6, 2002
Sold by
King Craig A and King Annette D
Bought by
Martin Stewart J and Martin Katrina H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,200
Interest Rate
5.87%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Az Csa Re Iii Llc | $5,200,000 | First Arizona Title | |
| Az Csa Re Iii Llc | $1,250,000 | First Arizona Title Agency | |
| Mountain Shadows Estates East Homeowners | -- | Tsa Title Agency | |
| Martin Stewart J | $529,000 | Arizona Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Az Csa Re Iii Llc | $4,160,000 | |
| Closed | Barbara D Kasle Trust | $4,160,000 | |
| Previous Owner | Az Csa Re Iii Llc | $2,200,000 | |
| Previous Owner | Martin Stewart J | $351,000 | |
| Previous Owner | Martin Stewart J | $250,000 | |
| Previous Owner | Martin Stewart Jones | $422,300 | |
| Previous Owner | Martin Stewart J | $423,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2023 06/29/23 | Sold | $5,200,000 | -1.9% | $1,115 / Sq Ft |
| 06/23/2023 06/23/23 | Price Changed | $5,300,000 | 0.0% | $1,136 / Sq Ft |
| 06/23/2023 06/23/23 | For Sale | $5,300,000 | 0.0% | $1,136 / Sq Ft |
| 03/10/2023 03/10/23 | Price Changed | $5,300,000 | +2.0% | $1,136 / Sq Ft |
| 01/27/2023 01/27/23 | Price Changed | $5,195,000 | +2.9% | $1,114 / Sq Ft |
| 11/23/2022 11/23/22 | For Sale | $5,050,000 | +304.0% | $1,083 / Sq Ft |
| 03/30/2021 03/30/21 | Sold | $1,250,000 | -2.7% | $462 / Sq Ft |
| 02/05/2021 02/05/21 | Pending | -- | -- | -- |
| 11/09/2020 11/09/20 | Price Changed | $1,285,000 | -2.3% | $475 / Sq Ft |
| 07/07/2020 07/07/20 | For Sale | $1,315,000 | -- | $486 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $11,873 | $212,164 | -- | -- |
| 2024 | $4,813 | $202,061 | -- | -- |
| 2023 | $4,813 | $126,800 | $25,360 | $101,440 |
| 2022 | $4,017 | $102,860 | $20,570 | $82,290 |
| 2021 | $4,309 | $101,850 | $20,370 | $81,480 |
| 2020 | $4,277 | $99,830 | $19,960 | $79,870 |
| 2019 | $4,109 | $91,980 | $18,390 | $73,590 |
| 2018 | $3,934 | $91,130 | $18,220 | $72,910 |
| 2017 | $3,756 | $89,010 | $17,800 | $71,210 |
| 2016 | $3,664 | $79,910 | $15,980 | $63,930 |
| 2015 | $3,446 | $55,110 | $11,020 | $44,090 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Pelle
-
Christina Rathbun
Seller Co-Listing Agent in 2023
Christina Rathbun
Compass
(602) 882-1919
15 in this area
176 Total Sales
-
Morfia Apostolis
Buyer's Agent in 2023
Morfia Apostolis
eXp Realty
(480) 322-6404
13 in this area
112 Total Sales
-
E
Buyer's Agent in 2023
Efmorfia Apostolis
Keller Williams Arizona Realty
-
Louis Rugolo
Buyer Co-Listing Agent in 2023
Louis Rugolo
eXp Realty
(602) 686-2786
13 in this area
112 Total Sales
-
Katie Martin
Seller's Agent in 2021
Katie Martin
Coldwell Banker Realty
(480) 220-8488
3 in this area
10 Total Sales
Map
Similar Homes in Paradise Valley, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6492645
APN: 169-43-040
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.
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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