NOT LISTED FOR SALE

Estimated Value: $6,648,000 - $9,011,000

6 Beds
7 Baths
7,673 Sq Ft
$995/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $7,500,000 $977 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $43,803/month

3 Days on Market

Highlights

  • Guest House
  • Heated Pool
  • Two Primary Bathrooms
  • Cherokee Elementary School Rated A
  • 1.05 Acre Lot
  • Mountain View

About This Home

As of October 2023

Exquisitely and meticulously designed and constructed by a top builder/designer team, this brand new custom home epitomizes luxury and elegance in Paradise Valley. All finishes, fixtures, features and technology are of the highest quality for the most discerning tastes.The 6,537 SF main house with 1,136 SF attached casita is perfectly positioned on an acre plus lot in a fantastic neighborhood with prime mountain views. The sprawling lot features lush mature landscaping, low maintenance turf, sunken fire pit and heated pool complete with baja shelf, integrated zero edge spa and water/fire features. Enjoy indoor/outdoor Arizona living at its finest with the fully automated retractable door from the great room out to the endless patio space complete with outdoor kitchen area and multiple spots for lounging and dining. The main house features a split floor plan with junior master suite, two ensuite bedrooms, office and exercise room with shared bathroom (both with walk in closets and can be used as additional bedrooms). The huge bonus room makes for the perfect teen room, game room or movie theater. The amazing owner's suite includes a massive bedroom with intricate ceiling detail and a gorgeous bathroom straight out of a magazine with standing tub, steam shower, split vanities, his and her water closets and walk ins.The jaw dropping chef's kitchen and stunning butler's pantry has all the finest Wolf/Subzero appliances and touches including wine fridge, wall oven, steam oven, cooling drawers, ice maker and much more. The kitchen includes a large breakfast nook with built in seating and opens up perfectly to the great room with its wall of glass, soaring ceiling height and fireplace. The dining room and entrance feature marble flooring, custom wine storage and wet bar. The beautiful laundry room includes another Subzero fridge, two sets of washer/dryers, endless storage and fantastic mountain views.The attached casita overlooks the pool and is perfect for guests, studio, pool house, multi-generational living, etc. It includes a separate entrance, bedroom, bathroom, laundry room and a beautiful kitchen open to the family room. The oversized five car garage has room for all your cars and toys.

Last Listed By

Joseph Reifman

HomeSmart License #BR630732000 Listed on: 10/05/2023

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,573

Year Built

  • Built in 2023

Lot Details

  • 1.05 Acre Lot
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot

Parking

  • 2 Open Parking Spaces
  • 5 Car Garage

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 7,673 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Mountain Views
  • Eat-In Kitchen

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 7 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • No Interior Steps
  • Guest House

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by E & S Builders
  • Paradise Country Estates 1 Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 168-34-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,573

Year Built

Built in 2023

Lot Details

0

Parking

5

Listing Details

  • Cross Street: 53rd St and Doubletree
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2023
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: North on 53rd St from Doubletree.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.05
  • Subdivision Name: PARADISE COUNTRY ESTATES 1
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Cooling:Central Air: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: 1 Fireplace, Fire Pit
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 7673.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Gas: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Corner Lot, Synthetic Grass Frnt, Synthetic Grass Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Brick Veneer, Painted
  • Other Structures: Guest House
  • Property Condition: Complete Spec Home
  • Roof: Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Construction Status:Complete Spec Home: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Garage Spaces: 5.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • 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: 45561.0
  • Parcel #: 168-34-017
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: E & S Builders

Tax Info

  • Tax Annual Amount: 4573.42
  • Tax Book Number: 168.00
  • Tax Lot: 12
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Oct 23, 2023
Sold by
Jmr Development Viii Llc
Bought by
Jeong Hyun Chul
Seller's Agent
Joseph Reifman
HomeSmart
Buyer's Agent
Marianne Bazan
Compass
List Price
$7,999,000
Sold Price
$7,500,000
Premium/Discount to List
-$499,000
-6.24%
Total Days on Market
3
Views
57
Current Estimated Value
$7,633,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,813
Avg. Annual Appreciation
1.18%

Purchase Details

Closed on
Apr 14, 2021
Sold by
Wudeck Robert L and Flesner James N
Bought by
Jmr Development Viii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 1, 2005
Sold by
Flesner Catherine A
Bought by
Flesner James N and Flesner Catherine A

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
Jeong Hyun Chul $7,500,000 Fidelity National Title Agency
Jmr Development Viii Llc $1,600,000 Clear Title Agency Of Az
Flesner James N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jmr Development Viii Llc $800,000
Previous Owner Wudeck Robert L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $7,500,000 -6.2% $977 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $7,999,000 0.0% $1,042 / Sq Ft
04/15/2020 04/15/20 Rented $4,000 0.0% --
04/10/2020 04/10/20 Under Contract -- -- --
04/01/2020 04/01/20 For Rent $4,000 0.0% --
03/30/2020 03/30/20 Under Contract -- -- --
03/18/2020 03/18/20 For Rent $4,000 +48.1% --
03/01/2012 03/01/12 Rented $2,700 -5.3% --
02/08/2012 02/08/12 Under Contract -- -- --
11/11/2011 11/11/11 For Rent $2,850 -- --
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 $15,321 $270,818 -- --
2024 $4,573 $257,922 -- --
2023 $4,573 $152,235 $152,235 $0
2022 $4,359 $70,600 $14,120 $56,480
2021 $4,634 $65,230 $13,040 $52,190
2020 $4,604 $65,800 $13,160 $52,640
2019 $4,445 $61,500 $12,300 $49,200
2018 $4,280 $59,100 $11,820 $47,280
2017 $4,112 $57,200 $11,440 $45,760
2016 $4,026 $61,150 $12,230 $48,920
2015 $3,820 $61,150 $12,230 $48,920
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6613985

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-34-017