See Home Value
$6,908,000 - $8,442,000
House - Off Market

5420 E ROYAL PALM Road

Paradise Valley, AZ 85253
bedrooms
Studio
bathrooms
7 Baths, 1 Half Bath
square feet
6618 Sqft
Sold Mar 08, 2024
$6,540,500
$3,008,000 by Banc Of California Na
Mortgage Due Apr 01, 2048
Sold Apr 04, 2018
$3,760,000
$3,008,000 by Banc Of California Na
Mortgage Due Apr 01, 2048

About This Property

Search the MLS, drive every street in Paradise Valley, and see if you can find a better 6,000 square foot plus modern home built between 2017 and 2022

Incredible privacy with a unique mountain view in every direction. Must see amazing vaunting view.  

Relax in a well-built and well-maintained home with its best days ahead and room to grow. Great entertainment experience.

Home is in excellent condition.

Sellers occupy, but ready to go with or without furniture.

-CLOSE IN 2023 and receive additional discount off list price. -

The manager has listed the unit size as 6618 square feet.
Unit Size
6,618Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$1,160
Property Type
House
Property Taxes
$1,225
HOA Dues
-
Year Built
2017

Price History

Date / Event Date Event Price
Dec 3, 2023 No longer available -
No longer available
Nov 4, 2023 Price Decreased $7,675,000
↓ $25K (0.3%)
Price Decreased
Oct 17, 2023 Relisted $7,700,000
Relisted
Sep 29, 2023 No longer available -
No longer available
Sep 8, 2023 Price Decreased $7,850,000
↓ $125K (1.6%)
Price Decreased
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 5
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 44,546
  • Total Building Area: 6,618
  • Gross Building Area: 6,618
  • Building Area: 6,618
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 6,618
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TURQUOISE HILLS
  • Land Acres: 1.023
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TURQUOISE HILLS MCR 75/27

Ownership

  • Current Owner : ROYAL PALM LLC
  • Previous Owner : MAFFI BONNIE
  • Owner Before Previous Owner: RFG REAL ESTATE LLC
  • Ownership Rights Codes: unknown
  • 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: 7527
  • Parcel: 168-65-020
  • Lot: 27
  • Meridian: SEC 32 TWN 3N RNG 4E
  • Municipality: PARADISE VALLEY
  • Latitude: 33.5583
  • Longitude: -111.964

    Address

  • Full Address: 5420 E Royal Palm Rd
  • Address - House Number: 5420
  • Street Direction: E
  • Address - Street Name: Royal Palm
  • Address - Suffix Type: Rd
  • State: AZ
  • City Name: Paradise Valley
  • Carrier Code: C065
  • 4-Digit Zip Code: 2530
  • Zip Code: 85253

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,326
  • Tax Rate Code Area: 481100

    Appraisal Valuation

  • Standard Deviation: 0.4033
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 19
  • Final Value: 1,037,076
  • High Value: 1,455,343
  • Low Value: 618,808

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,008,000
  • First Open Lien Mortgage Lender: BANC OF CALIFORNIA NA
  • First Open Lien Mortgage Recording Date: Apr 04, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,008,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2048

    Market Valuation

  • Market Total Value: $4,240,700
  • Market Land Value: $848,100
  • Market Improvement Value: $3,392,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $424,070
  • Assessed Land Value: $84,810
  • Assessed Improvements Value: $339,260

    Sales

  • Current Sale Contract Date: Mar 08, 2024
  • Current Sale Recording Date: Mar 08, 2024
  • Current Sale Transaction ID: 11921926491
  • Current Sale Price: $6,540,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 121240
  • Previous Sale Recording Date: Apr 04, 2018
  • Previous Sale Contract Date: Oct 30, 2017
  • Previous Sale Amount: $3,760,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANC OF CALIFORNIA NA
  • Previous Mortgage Transaction Date: Apr 04, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $3,008,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
7 Baths
6,872 ft²
$1,091/ft²
$7,495,000 Aug 7, 2023
-
$1,069/mo
Other
Loft
8 Baths
8,074 ft²
$1,096/ft²
$8,850,000 Sep 29, 2023
-
$1,212/mo

About Paradise Valley


Similar Homes for Sale

Unit for sale at 5516 East Morrison Lane, Paradise Valley, AZ 85253

$8,850,000

  • Loft
  • 8 Baths
  • 8,074 ft²
5516 East Morrison Lane, Paradise Valley, AZ 85253 Listing by Julie Rohr
Unit for sale at 5636 East Via Buena Vista, Paradise Valley, AZ 85253

$7,495,000

  • Loft
  • 7 Baths
  • 6,872 ft²
5636 East Via Buena Vista, Paradise Valley, AZ 85253 Listing by Robert Joffe

Nearby Rentals

Unit for rent at 6720 N 65th Place, Paradise Valley, AZ, 85253

$9,500 /mo

  • 4 Beds
  • 4.5 Baths
  • 4,865 ft²
6720 N 65th Place, Paradise Valley, AZ, 85253 Listing by Ahleyah Aberer
Unit for rent at 5455 E Lincoln Drive, Paradise Valley, AZ, 85253

$7,500 /mo

  • 1 Bed
  • 1 Bath
  • 1,183 ft²
5455 E Lincoln Drive #1018, Paradise Valley, AZ, 85253 Listing by Cara Dankberg
Unit for rent at 5122 E Shea Boulevard, Scottsdale, AZ, 85254

$3,150 /mo

  • 1 Bed
  • 1 Bath
  • 739 ft²
5122 E Shea Boulevard #2068, Scottsdale, AZ, 85254 Listing by Angela S Barney


Frequently Asked Questions

When was property at 5420 East Royal Palm Road built and last sold?
The property at 5420 East Royal Palm Road was built in 2017 and last sold on Mar 8, 2024 for $6,540,500.
How much is this home worth?
The estimated value of the home located at 5420 East Royal Palm Road is $7,681,487.
What are some comparable homes to 5420 East Royal Palm Road?
Homes that are comparable to 5420 East Royal Palm Road include a other property at 5636 East Via Buena Vista, 5516 East Morrison Lane, which are both great to check out.

Nearby Cities
Quantcast