Check Availability

5501 East Karen Drive

5501 East Karen Drive, Scottsdale, AZ 85254
Property in Diamond Point
Sold Dec 03, 2021
$695,000
$486,500 by Broker Solutions Inc
Mortgage Due Dec 01, 2051
5501 East Karen Drive has been categorized by the local assessors in Scottsdale, AZ as a residential type of property. The building on the property was first built in 1993 and is 31 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5501 East Karen Drive has 2,307 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,623 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of concrete. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5501 East Karen Drive was last sold in Nov 29, 2021 for $695,000. According to our calculations, that's $301.26 per sqft. Current property owners are expected to pay $4,265 in taxes per year. The property on 5501 East Karen Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $62,070. To break that down further, the land itself was valued at $12,410. While improvements to the property were assessed at a total of $49,660. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,623
  • Total Building Area: 2,307
  • Gross Building Area: 2,307
  • Building Area: 2,307
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,307
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DIAMOND POINT BY SHEA HOMES LOT 1-120 TR
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DIAMOND POINT BY SHEA HOMES LOT 1-120 TR A-D MCR 347-12

Ownership

  • Current Owner : STEVENSON KIMBERLY
  • Current Owner 2: STEVENSON TURNER LADD
  • Previous Owner : MOATS CATHERINE J
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 103212

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 34712
  • Parcel: 215-66-513
  • Lot: 102
  • Meridian: SEC 8 TWN 3N RNG 4E
  • Municipality: PHOENIX
  • Latitude: 33.6253
  • Longitude: -111.962

    Address

  • Full Address: 5501 E Karen Dr
  • Address - House Number: 5501
  • Street Direction: E
  • Address - Street Name: Karen
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Scottsdale
  • Carrier Code: C053
  • 4-Digit Zip Code: 8209
  • Zip Code: 85254

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,265
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 875,118
  • High Value: 1,004,020
  • Low Value: 746,216

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $486,500
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Dec 03, 2021
  • First Open Lien Mortgage Loan Amount: $486,500
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $620,700
  • Market Land Value: $124,100
  • Market Improvement Value: $496,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,070
  • Assessed Land Value: $12,410
  • Assessed Improvements Value: $49,660

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Transaction ID: 11870636496
  • Current Sale Price: $695,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211287205

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Dec 03, 2021
  • First Mortgage Loan Amount: $486,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Paradise Valley



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 5735 E Hartford Avenue, Scottsdale, AZ, 85254

$4,250 /mo

  • 4 Beds
  • 3 Baths
  • 2,451 ft²
5735 E Hartford Avenue, Scottsdale, AZ, 85254 Listing by Debbie Pontikas
Unit for rent at 5238 E Libby Street, Scottsdale, AZ, 85254

$4,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,713 ft²
5238 E Libby Street, Scottsdale, AZ, 85254 Listing by Donna Cilley
Unit for rent at 7009 E Acoma Drive, Scottsdale, AZ, 85254

$4,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,098 ft²
7009 E Acoma Drive #1145, Scottsdale, AZ, 85254 Listing by Grant Stonerook
Unit for rent at 5024 E Blanche Drive, Scottsdale, AZ, 85254

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,530 ft²
5024 E Blanche Drive, Scottsdale, AZ, 85254 Listing by Melanie L. Johnston
Unit for rent at 4526 E Paradise Lane, Phoenix, AZ, 85032

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,887 ft²
4526 E Paradise Lane, Phoenix, AZ, 85032 Listing by Brenda Woodward
Unit for rent at 6412 E Blanche Drive, Scottsdale, AZ, 85254

$4,750 /mo

  • 3 Beds
  • 3 Baths
  • 2,397 ft²
6412 E Blanche Drive, Scottsdale, AZ, 85254 Listing by Erin Maiorano
Unit for rent at 5221 E Blanche Drive, Scottsdale, AZ, 85254

$4,100 /mo

  • 4 Beds
  • 2 Baths
  • 2,112 ft²
5221 E Blanche Drive, Scottsdale, AZ, 85254 Listing by Peggy Gascon

Frequently Asked Questions

What neighborhood is 5501 East Karen Drive located in?
The 5501 East Karen Drive is a located in the neighborhood of Diamond Point in Paradise Valley, Scottsdale.
What is the average sales price for listings in 5501 East Karen Drive?
The average sales price for units in 5501 East Karen Drive is $0 currently.

Nearby Counties
Quantcast