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Paradise Valley 85253 Vista Rica
5460 E DESERT JEWEL Drive
$3,999,000
↓ $300K (7%)
House - For Sale

5460 E DESERT JEWEL Drive

Paradise Valley, AZ 85253
bedrooms
4 Beds
bathrooms
0 Bath
square feet
4845 Sqft
$19,636
Estimated Monthly
$0
HOA / Fees

About This Property

Nestled on a serene hillside in the heart of Paradise Valley, this expansive residence boasts nearly 4,900 square feet of luxurious living space, all set upon a sprawling 1.25-acre lot. With plans in place for an additional 1,000 square feet of livable, this home promises an even more magnificent future. The exquisite estate has undergone a meticulous and tasteful renovation in 2019, leaving no detail untouched. Crafted with the utmost precision, the property was stripped down to its very framework and impeccably rebuilt. The main focal point of the residence is the sophisticated great room with soaring vaulted ceilings adorned with exposed beams. Here, an exquisite fireplace serves as a centerpiece, and expansive picture windows frame breathtaking vistas of the surrounding mountains. For culinary aficionados, the kitchen is a true masterpiece. Outfitted with top-of-the-line stainless steel appliances and adorned with beautiful custom cabinetry, it offers an abundance of counter space, a substantial center island serves as a gathering place, and a temperature-controlled wine vault ensures that your favorite vintages are always at the perfect temperature. Throughout the home, you'll find absolutely stunning views that captivate the senses and define this truly exceptional Paradise Valley residence.

The manager has listed the unit size as 4845 square feet.
Unit Size
4,845Ft²
Days on Market
66 days
Land Size
1.17 acres
Price per sqft
$825
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
Listed By
Jim Bruske
Engel & Voelkers Scottsdale
Last updated: 19 days ago (EV #6612842)

Price History

Date / Event Date Event Price
Apr 11, 2024 Price Decreased $3,999,000
↓ $300K (7%)
Price Decreased
Mar 8, 2024 Relisted $4,299,000
Relisted
Mar 7, 2024 No longer available -
No longer available
Feb 23, 2024 No longer available -
No longer available
Feb 23, 2024 Listed by Engel & Völkers Scottsdale Waterfront $4,299,000
Listed by Engel & Völkers Scottsdale Waterfront
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 50,999
  • Total Building Area: 4,845
  • Gross Building Area: 4,845
  • Building Area: 4,845
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,845
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: VISTA RICA
  • Land Acres: 1.171
  • Legal Description 1: VISTA RICA MCR 171-28

Ownership

  • Current Owner : HIRSCHEY VIRGINIA
  • Current Owner 2: HIRSCHEY JOSHUA
  • Previous Owner : ROCKWELL PROPERTIES LLC
  • Owner Before Previous Owner: A2Z PROPERTY MANAGEMENT INC
  • Is Owner Occupied: unknown

Neighborhood

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

Zoning

  • Zoning: R-43

Geography

  • Assessors Map Reference: 17128
  • Parcel: 168-75-032
  • Lot: 30
  • Meridian: SEC 32 TWN 3N RNG 4E
  • Municipality: PARADISE VALLEY
  • Latitude: 33.5539
  • Longitude: -111.964

    Address

  • Full Address: 5460 E Desert Jewel Dr
  • Address - House Number: 5460
  • Street Direction: E
  • Address - Street Name: Desert Jewel
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Paradise Valley
  • Carrier Code: C065
  • 4-Digit Zip Code: 2502
  • Zip Code: 85253

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,291
  • Tax Rate Code Area: 481100

    Appraisal Valuation

  • Standard Deviation: 0.1413
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 2,469,275
  • High Value: 2,818,184
  • Low Value: 2,120,365

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,110,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 23, 2020
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $1,110,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $1,644,700
  • Market Land Value: $328,900
  • Market Improvement Value: $1,315,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,470
  • Assessed Land Value: $32,890
  • Assessed Improvements Value: $131,580

    Sales

  • Current Sale Contract Date: Feb 07, 2019
  • Current Sale Recording Date: Feb 28, 2019
  • Current Sale Transaction ID: 11574067479
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 20190140801
  • Previous Sale Recording Date: Mar 31, 2016
  • Previous Sale Contract Date: Mar 25, 2016
  • Previous Sale Amount: $975,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN HERITAGE LENDING INC
  • First Mortgage Transaction Date: Feb 28, 2019
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Mar 01, 2049

    Financing

  • First Mortgage Financing Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: AZBEN LIMITED LLC
  • Previous Mortgage Transaction Date: Mar 31, 2016
  • Previous Mortgage Loan Amount: $775,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
4 Baths
4,676 ft²
$744/ft²
$3,480,000 Nov 13, 2023
-
$820/mo
Other
Loft
5 Baths
5,322 ft²
$939/ft²
$4,999,000 Nov 21, 2023
-
$952/mo
Other
Loft
6 Baths
5,915 ft²
$803/ft²
$4,750,000 Nov 24, 2023
-
$10,828/mo
Land
Loft
-
-
$5,000,000 Jan 10, 2024
-
$250/mo
Land
Loft
-
-
$3,500,000 Oct 21, 2023
-
$646/mo
Land
Loft
-
-
$3,500,000 Nov 9, 2023
-
$377/mo
Land
Loft
-
-
$3,480,000 Nov 13, 2023
-
$820/mo

About Paradise Valley


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Frequently Asked Questions

When was property at 5460 East Desert Jewel Drive built and last sold?
The property at 5460 East Desert Jewel Drive was built in 1979 and last sold on Feb 7, 2019 for $1,600,000.
How much is this home worth?
The estimated value of the home located at 5460 East Desert Jewel Drive is $4,228,400.
What are some comparable homes to 5460 East Desert Jewel Drive?
Homes that are comparable to 5460 East Desert Jewel Drive include a land property at 7726 North Foothill Drive South, a other property at 7745 North Tatum Boulevard, 5441 East Mockingbird Lane.

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