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5014 East Desert Park Lane

5014 East Desert Park Lane, Paradise Valley, AZ 85253
1 Units For Sale
Unit for sale at 5014 E DESERT PARK Lane, Paradise Valley, AZ 85253

$5,495,000

  • Loft
  • 4 Baths
  • 4,780 ft²
5014 E DESERT PARK Lane, Paradise Valley, AZ 85253 Listing by Mark Vanderlinde

5014 East Desert Park Lane in Paradise Valley, AZ was first built in 1971 and is 53 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5014 East Desert Park Lane has 4,298 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 42,778 square feet.

Learn more about the property and building on this page. There is a portico porch (a porch you can drive under) and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of tile. For those who need parking, there is a garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system and being fueled with gas. The property was last sold in Aug 16, 2021 for $2,000,000. That's $465.33 per sqft. Prior to that sales transaction, the property was also sold in Jul 27, 2015 for $930,000. 5014 East Desert Park Lane was last assessed in 2023. The total value of the property was assessed at $168,880. Specifically, the land the property is located on was valued at $33,770. While improvements on the property were assessed at a total of $135,110. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,581. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

Stucco Exterior
Block Exterior
Exterior Insulation Finishing System

Parking

Detached Garage
Open Parking
RV Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231004
10/04/2023
Loft
4 Bath
4780 ft²
$5,495,000
bedrooms
Loft
bathrooms
4 Bath
square feet
4780 ft²
-
-
-
Mark Vanderlinde
RE/MAX Fine Properties
20210725
07/25/2021
4 Bed
4 Bath
4298 ft²
$2,250,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
4298 ft²
-
-
-
Erik Jensen
NORTH&CO.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Porch Type: Portico (drive under)
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 42,778
  • Total Building Area: 4,298
  • Gross Building Area: 4,298
  • Building Area: 4,298
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,298
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRANCISCAN TERRACE
  • Land Acres: 0.982
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRANCISCAN TERRACE MCR 111-15

Ownership

  • Current Owner : VANDERLINDE MARK
  • Current Owner 2: MLV FAMILY TRUST
  • Previous Owner : SYMONDS WILLIAM C
  • Previous Owner 2: SYMONDS CATHERINE A
  • Owner Before Previous Owner: PERSEN MALCOLM C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 105004

Zoning

  • Zoning: R-43

Geography

  • Assessors Map Reference: 11115
  • Parcel: 169-07-044
  • Lot: 3
  • Meridian: SEC 5 TWN 2N RNG 4E
  • Municipality: PARADISE VALLEY
  • Latitude: 33.5514
  • Longitude: -111.974

    Address

  • Full Address: 5014 E Desert Park Ln
  • Address - House Number: 5014
  • Street Direction: E
  • Address - Street Name: Desert Park
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Paradise Valley
  • Carrier Code: C010
  • 4-Digit Zip Code: 3014
  • Zip Code: 85253

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,581
  • Tax Rate Code Area: 481100

    Appraisal Valuation

  • Standard Deviation: 0.1413
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 2,367,578
  • High Value: 2,702,117
  • Low Value: 2,033,038

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $725,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: May 03, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $725,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $1,688,800
  • Market Land Value: $337,700
  • Market Improvement Value: $1,351,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,880
  • Assessed Land Value: $33,770
  • Assessed Improvements Value: $135,110

    Sales

  • Current Sale Contract Date: Aug 16, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Transaction ID: 11855316498
  • Current Sale Price: $2,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211003567
  • Previous Sale Recording Date: Sep 09, 2015
  • Previous Sale Contract Date: Jul 27, 2015
  • Previous Sale Amount: $930,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: V I P MORTGAGE INC
  • Previous Mortgage Transaction Date: Sep 09, 2015
  • Previous Mortgage Loan Amount: $570,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2045

About Paradise Valley



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Frequently Asked Questions

What neighborhood is 5014 East Desert Park Lane located in?
The 5014 East Desert Park Lane is a located in the neighborhood of Franciscan Terrace in Paradise Valley, Paradise Valley.
How many listings are currently for sale in 5014 East Desert Park Lane?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 5014 East Desert Park Lane?
The average sales price for units in 5014 East Desert Park Lane is $5,495,000 , or $1,150/sqft. currently.

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