See Home Value
$4,320,000 - $5,280,000
House - Off Market

3282 E PALO VERDE Drive

Paradise Valley, AZ 85253
bedrooms
Studio
bathrooms
6 Baths
square feet
7526 Sqft
Sold Mar 07, 2022
$2,575,000
$1,931,250 by Equitable Home Mortgage Inc
Mortgage Due Apr 01, 2062
Sold Aug 01, 1994
$200,000

About This Property

Gorgeous one-of-a-kind Desert Contemporary Estate. This is an entertainers dream situated on 1 acre mountainside with stunning Camelback, city light, sunset & mountain views! This home was originally custom-designed by John T. Pela and built with steel & masonry block and is fireproof! The 21 foot ceilings create a dramatic museum feel in the open great room with a custom wet bar looking up to the upstairs loft. The home features a courtyard entry multiple patios & balconies, a full size tennis court and a detached casita. First floor master with his & her walk-in closets. NO HOA! Less than five minutes to great shopping at Biltmore Fashion Park & some of the best hiking trails in Phoenix. Walk/bike on the nearby canal path and of course play a few rounds at the Arizona Biltmore Golf Club

The manager has listed the unit size as 7526 square feet.
Unit Size
7,526Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$638
Property Type
House
Property Taxes
$1,662
HOA Dues
-
Year Built
1995

Price History

Date / Event Date Event Price
Apr 20, 2024 No longer available -
No longer available
Mar 14, 2024 Price Decreased $4,800,000
↓ $1M (20%)
Price Decreased
Dec 28, 2023 Relisted $6,000,000
Relisted
Dec 27, 2023 No longer available -
No longer available
Oct 7, 2023 Price Decreased $6,000,000
↓ $1M (14.3%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 44,276
  • Total Building Area: 6,724
  • Gross Building Area: 6,724
  • Building Area: 6,724
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 6,724
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LA COLINA
  • Land Acres: 1.016
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LA COLINA MCR 177-35

Ownership

  • Current Owner : CARDOSO DAVID G MUINA
  • Previous Owner : WF KESSLER INVESTMENTS LP
  • Owner Before Previous Owner: GAINES F PENDELTON
  • Owner Before Previous Owner 2: GAINES MARY C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 105103

Zoning

  • Zoning: R-43

Geography

  • Assessors Map Reference: 17735
  • Parcel: 164-05-056
  • Lot: 6
  • Meridian: SEC 13 TWN 2N RNG 3E
  • Municipality: PARADISE VALLEY
  • Latitude: 33.5236
  • Longitude: -112.011

    Address

  • Full Address: 3282 E Palo Verde Dr
  • Address - House Number: 3282
  • Street Direction: E
  • Address - Street Name: Palo Verde
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Paradise Valley
  • Carrier Code: C009
  • 4-Digit Zip Code: 5049
  • Zip Code: 85253

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,773
  • Tax Rate Code Area: 141100

    Appraisal Valuation

  • Standard Deviation: 0.1438
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 2,951,434
  • High Value: 3,376,071
  • Low Value: 2,526,797

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,931,250
  • First Open Lien Mortgage Lender: EQUITABLE HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Mar 07, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,931,250
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2062

    Market Valuation

  • Market Total Value: $2,193,300
  • Market Land Value: $438,600
  • Market Improvement Value: $1,754,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,330
  • Assessed Land Value: $43,860
  • Assessed Improvements Value: $175,470

    Sales

  • Current Sale Contract Date: Mar 01, 2022
  • Current Sale Recording Date: Mar 07, 2022
  • Current Sale Transaction ID: 11880520453
  • Current Sale Price: $2,575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 206800
  • Previous Sale Recording Date: Aug 01, 1994
  • Previous Sale Contract Date: Jun 10, 1994
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITABLE HOME MORTGAGE INC
  • First Mortgage Transaction Date: Mar 07, 2022
  • First Mortgage Loan Amount: $1,931,250
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2062

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Paradise Valley


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2553 E Georgia Avenue, Phoenix, AZ, 85016

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,567 ft²
2553 E Georgia Avenue, Phoenix, AZ, 85016 Listing by Courtney N Robertson
Unit for rent at 3158 E Clarendon Avenue, Phoenix, AZ, 85016

$3,975 /mo

  • 3 Beds
  • 2 Baths
  • 1,417 ft²
3158 E Clarendon Avenue, Phoenix, AZ, 85016 Listing by Sara Bell
Unit for rent at 3024 E Claremont Avenue, Phoenix, AZ, 85016

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,809 ft²
3024 E Claremont Avenue, Phoenix, AZ, 85016 Listing by Ardra M Hansen


Frequently Asked Questions

When was property at 3282 East Palo Verde Drive built and last sold?
The property at 3282 East Palo Verde Drive was built in 1995 and last sold on Mar 1, 2022 for $2,575,000.
How much is this home worth?
The estimated value of the home located at 3282 East Palo Verde Drive is $7,070,000.
What are some comparable homes to 3282 East Palo Verde Drive?
There are currently no comparable homes to 3282 East Palo Verde Drive.

Nearby Cities
Quantcast