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5227 East Paradise Lane

5227 East Paradise Lane, Scottsdale, AZ 85254
Sold Feb 28, 2022
$1,065,000
Sold Dec 14, 2021
$665,000
$462,000 by Capital Fund I Llc
Mortgage
5227 East Paradise Lane in Scottsdale, AZ was first built in 1983 and is 41 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 2 full bathrooms. There are 2 partial bathrooms. 5227 East Paradise Lane has 2,172 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 9,967 square feet.

Learn more about the property and building on this page. There is 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 asphalt. For those who need parking, there is a garage. There are a total of 2 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. The property was last sold in Feb 23, 2022 for $1,065,000. That's $490.33 per sqft. Prior to that sales transaction, the property was also sold in Nov 9, 2021 for $665,000. 5227 East Paradise Lane was last assessed in 2023. The total value of the property was assessed at $55,820. Specifically, the land the property is located on was valued at $11,160. While improvements on the property were assessed at a total of $44,660. 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 $4,001. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,967
  • Total Building Area: 2,172
  • Gross Building Area: 2,172
  • Building Area: 2,172
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,172
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARADISE VALLEY MIRADA 3A
  • Land Acres: 0.229
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARADISE VALLEY MIRADA 3A MCR 243-18

Ownership

  • Current Owner : ALKAR PARADISE LLC
  • Previous Owner : HOOPER REALTY INVESTMENTS LLC
  • Owner Before Previous Owner: BRENT MAY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 103216

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 24318
  • Parcel: 215-34-194
  • Lot: 171
  • Meridian: SEC 5 TWN 3N RNG 4E
  • Municipality: PHOENIX
  • Latitude: 33.6331
  • Longitude: -111.968

    Address

  • Full Address: 5227 E Paradise Ln
  • Address - House Number: 5227
  • Street Direction: E
  • Address - Street Name: Paradise
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Scottsdale
  • Carrier Code: C050
  • 4-Digit Zip Code: 1145
  • Zip Code: 85254

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,001
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 819,641
  • High Value: 930,567
  • Low Value: 708,714

    Market Valuation

  • Market Total Value: $558,200
  • Market Land Value: $111,600
  • Market Improvement Value: $446,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,820
  • Assessed Land Value: $11,160
  • Assessed Improvements Value: $44,660

    Sales

  • Current Sale Contract Date: Feb 23, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Transaction ID: 11880129369
  • Current Sale Price: $1,065,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180460
  • Previous Sale Recording Date: Dec 14, 2021
  • Previous Sale Contract Date: Nov 09, 2021
  • Previous Sale Amount: $665,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CAPITAL FUND I LLC
  • Previous Mortgage Transaction Date: Dec 14, 2021
  • Previous Mortgage Loan Amount: $462,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Paradise Valley



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Frequently Asked Questions

What neighborhood is 5227 East Paradise Lane located in?
The 5227 East Paradise Lane is a house located in the neighborhood of Paradise Valley Mirada in Paradise Valley, Scottsdale.
What is the average sales price for listings in 5227 East Paradise Lane?
The average sales price for units in 5227 East Paradise Lane is $0 currently.

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