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5507 East Hillery Drive

5507 East Hillery Drive, Scottsdale, AZ 85254
Property in Cactus Glen
1 Units For Sale
Unit for sale at 5507 E HILLERY Drive, Scottsdale, AZ 85254

$1,399,000 ↓ $40K

  • Loft
  • 3 Baths
  • 2,812 ft²
5507 E HILLERY Drive, Scottsdale, AZ 85254 Listing by Patricia Miller

Local assessors in Scottsdale, AZ have categorized 5507 East Hillery Drive as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 10,108 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5507 East Hillery Drive has a total of 2,812 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of concrete. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. 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, 5507 East Hillery Drive was last sold in Apr 4, 2024 for $1,290,000. According to our calculations, that's $458.75 per sqft. Prior to that sales transaction, the property was sold for $790,000 in May 12, 2023. Current property owners are expected to pay $4,523 in taxes per year. The property on 5507 East Hillery Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $64,120. To break that down further, the land itself was valued at $12,820. While improvements to the property were assessed at a total of $51,300. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Exterior

Stucco Exterior
Wood Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230415
04/15/2023
4 Bed
3 Bath
2812 ft²
$825,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2812 ft²
-
-
-
Amanda Bacolas
Long Realty West Valley

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,108
  • Total Building Area: 2,812
  • Gross Building Area: 2,812
  • Building Area: 2,812
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,812
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CACTUS GLEN 6
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CACTUS GLEN 6 MCR 269-14

Ownership

  • Current Owner : BASSETT EVELYN JEAN
  • Previous Owner : KHARBANDA SUMANT
  • Owner Before Previous Owner: GUTHRIE FAMILY REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 26914
  • Parcel: 215-66-368
  • Lot: 20
  • Meridian: SEC 8 TWN 3N RNG 4E
  • Municipality: PHOENIX
  • Latitude: 33.6218
  • Longitude: -111.962

    Address

  • Full Address: 5507 E Hillery Dr
  • Address - House Number: 5507
  • Street Direction: E
  • Address - Street Name: Hillery
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Scottsdale
  • Carrier Code: C053
  • 4-Digit Zip Code: 2376
  • Zip Code: 85254

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,523
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.0599
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 97
  • Final Value: 1,290,843
  • High Value: 1,368,268
  • Low Value: 1,213,418

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $949,000
  • First Open Lien Mortgage Lender: ONEAZ CREDIT UNION
  • First Open Lien Mortgage Recording Date: Apr 04, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $949,000
  • 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: May 01, 2054

    Market Valuation

  • Market Total Value: $641,200
  • Market Land Value: $128,200
  • Market Improvement Value: $513,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,120
  • Assessed Land Value: $12,820
  • Assessed Improvements Value: $51,300

    Sales

  • Current Sale Contract Date: Apr 04, 2024
  • Current Sale Recording Date: Apr 04, 2024
  • Current Sale Transaction ID: 11923578542
  • Current Sale Price: $1,290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 174498
  • Previous Sale Recording Date: May 12, 2023
  • Previous Sale Contract Date: May 12, 2023
  • Previous Sale Amount: $790,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ONEAZ CREDIT UNION
  • First Mortgage Transaction Date: Apr 04, 2024
  • First Mortgage Loan Amount: $949,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GEARED EQUITY LLC
  • Previous Mortgage Transaction Date: May 12, 2023
  • Previous Mortgage Loan Amount: $810,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Paradise Valley



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Frequently Asked Questions

What neighborhood is 5507 East Hillery Drive located in?
The 5507 East Hillery Drive is a located in the neighborhood of Cactus Glen in Paradise Valley, Scottsdale.
How many listings are currently for sale in 5507 East Hillery Drive?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 5507 East Hillery Drive?
The average sales price for units in 5507 East Hillery Drive is $1,399,000 , or $498/sqft. currently.

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