NOT LISTED FOR SALE

Estimated Value: $6,436,241

5 Beds
5.5 Baths
6,697 Sq Ft
$961/Sq Ft Est. Value

Last Sold December 13, 2024

Last sale price $6,300,000 $941 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $36,986/month

60 Days on Market

Highlights

  • Heated Lap Pool
  • 1.01 Acre Lot
  • Fireplace in Primary Bedroom
  • Cherokee Elementary School Rated A
  • Mountain View
  • Contemporary Architecture

About This Home

As of December 2024

Huge price reduction below replacement cost! This is the only new construction property available in Paradise Valley under $1000 per square ft at only $933/ft! The COO was just issued, and the home is ready for immediate move-in. This modern organic natural earth-toned home was designed by renowned PHX Architecture Erik Peterson. No expenses spared during the design and construction of this property, which was meticulously crafted for entertaining and low maintenance, making it an ideal lock-and-leave residence. This remarkable property cannot be replicated for anywhere near the asking price. Every room features walls of Awake glass, offering an indoor-outdoor feel and stunning views of the magnificent 64-foot infinity-edge pool, baja shelf, and hot tub. The perfectly laid-out chef's kitchen boasts Sub-Zero and Wolf appliance along with a pocketing window that conveniently connects to the BBQ area. Surrounding the home is 2,400 square feet of cantilever covered patio area and over 3,500 square feet of paver patio. The luxurious boutique-like master suite presents mountain and pool views, with his and hers enormous walk-in closets, one of which includes a laundry machine. Top-tier materials were used throughout the home, including Sub-Zero, Wolf, double Cove dishwashers, and Burdette cabinets. The single-level design eliminates the need for stairs, and the split floor plan includes a mother-in-law suite and a 4-car stackable height garage. The master bathroom features two toilet rooms and two very large closets, with one conveniently located in the laundry area. All bedrooms have ensuite baths and walk-in closets, and there is also an outdoor shower. The property is connected to city sewer NO septic tank. This is all new construction! Owner/Agent

Last Listed By

Jonathan Leaman

America One Luxury Real Estate Brokerage Phone: 602-750-4285 License #SA648438000 Listed on: 08/22/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,230

Year Built

  • Built in 2024

Lot Details

  • 1.01 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 4 Car Direct Access Garage
  • 8 Open Parking Spaces
  • Electric Vehicle Home Charger
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Home Design

  • Designed by Erik Peterson Architects
  • Contemporary Architecture
  • Wood Frame Construction
  • Spray Foam Insulation
  • Foam Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 6,697 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Fire Sprinkler System

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Lap Pool
  • Heated Spa
  • Pool Pump

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Fire Pit
  • Gazebo
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Bespoke Development
  • Paradise Country Estates 1 Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 168-34-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,230

Year Built

Built in 2024

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Tatum & Doubletree
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Erik Peterson
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 8.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2024
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: From Tatum east to 53rd st, house on NW corner. From Invergordon west to 53rd st, house on NW corner of 53rd & Doubletree.
  • Attribution Contact: 602-750-4285
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.01
  • Co List Office Mls Id: aone01
  • Co List Office Phone: 480-905-8115
  • Subdivision Name: PARADISE COUNTRY ESTATES 1
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Special Features: NewHome

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Fire Pit, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Soft Water Loop, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 6697.0
  • Stories: 1
  • Window Features: Dual Pane, Low-E
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Gazebo/Ramada, Patio, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Gravel/Stone Back, Grass Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Heated, Lap, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: EIFS Synthetic Stcco, Stucco, Frame - Wood, Spray Foam Insulation
  • Property Condition: Complete Spec Home
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Construction Status:Complete Spec Home: Yes
  • Exterior Features:GazeboRamada: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Separate Strge Area, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 8.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Electric Vehicle Charging Station(s): Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric, Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: 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: 43881.0
  • Parcel #: 168-34-008
  • ResoLotSizeUnits: SquareFeet

Green Features

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

Building Info

  • Builder Name: Bespoke Development

Tax Info

  • Tax Annual Amount: 3230.0
  • Tax Book Number: 168.00
  • Tax Lot: 3
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Dec 11, 2024
Sold by
9012 N 53Rd Llc
Bought by
Serr Revocable Trust and Serr
Seller's Agent
Jonathan Leaman
America One Luxury Real Estate
Buyer's Agent
Katrina Barrett
Walt Danley Local Luxury Christie's International Real Estate
List Price
$6,688,000
Sold Price
$6,300,000
Premium/Discount to List
-$388,000
-5.8%
Total Days on Market
60
Views
94
Current Estimated Value
$6,436,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,241
Avg. Annual Appreciation
6.12%
Original Mortgage
$3,700,000
Outstanding Balance
$3,692,444
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$2,743,797

Purchase Details

Closed on
Jun 16, 2021
Sold by
Grant Gregory Michael and Elizabeth L Clendenin Trust
Bought by
9012 N 53Rd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,305,000
Interest Rate
2.9%
Mortgage Type
Construction

Range of Values:

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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
Serr Revocable Trust $6,300,000 Premier Title Agency
Serr Revocable Trust $6,300,000 Premier Title Agency
9012 N 53Rd Llc $1,459,000 Premier Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serr Revocable Trust $3,700,000
Closed Serr Revocable Trust $3,700,000
Previous Owner 9012 N 53Rd Llc $4,500,000
Previous Owner 9012 N 53Rd Llc $3,305,000
Previous Owner 9012 N 53Rd Llc $1,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $6,300,000 +0.8% $941 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $6,250,000 -6.5% $933 / Sq Ft
08/22/2024 08/22/24 For Sale $6,688,000 -- $999 / 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 $12,743 $216,760 -- --
2024 $3,230 $206,438 -- --
2023 $3,230 $107,505 $107,505 $0
2022 $2,940 $66,830 $13,360 $53,470
2021 $3,163 $62,170 $12,430 $49,740
2020 $3,139 $61,460 $12,290 $49,170
2019 $3,029 $56,220 $11,240 $44,980
2018 $2,945 $56,230 $11,240 $44,990
2017 $2,782 $47,810 $9,560 $38,250
2016 $2,721 $51,620 $10,320 $41,300
2015 $2,609 $51,620 $10,320 $41,300
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6747499

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-34-008