Check Availability
$17,160,000
House - For Sale

5815 N PALO CRISTI Road

Paradise Valley, AZ 85253
bedrooms
Studio
bathrooms
7 Baths, 1 Half Bath
square feet
8800 Sqft
$84,977
Estimated Monthly
$0
HOA / Fees
0.30%
Cap Rate

About This Property

NOW UNDER CONSTRUCTION Staring at Camelback this sensational lot is the site of a 6 bedroom 12546 sq ft new home built, incredible interior design by Ownby Design. This is a WOW.
May also be sold with adjoining parcel(s) at 5835 N Palo Cristi and 3627 E Bethany Home.

The manager has listed the unit size as 8800 square feet.
Unit Size
8,800Ft²
Days on Market
436 days
Land Size
1.16 acres
Price per sqft
$1,950
Property Type
House
Property Taxes
$718
HOA Dues
-
Year Built
1959
Listed By
Last updated: 18 days ago (ARMLSAZ #6525448)

Price History

Date / Event Date Event Price
Dec 28, 2023 Relisted $17,160,000
Relisted
Dec 27, 2023 No longer available -
No longer available
Nov 10, 2023 Price Increased $17,160,000
↑ $2M (11.4%)
Price Increased
Jul 15, 2023 Price Increased $15,400,000
↑ $3M (19.4%)
Price Increased
Feb 26, 2023 Listed by Realty ONE Group $12,900,000
Listed by Realty ONE Group
Show More

Property Highlights

With View
Exterior Details

Exterior Information

Block
Building Details
New Construction

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 50,548
  • Total Building Area: 2,197
  • Gross Building Area: 2,197
  • Building Area: 2,197
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,197
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 1.16
  • Legal Description 1: N2 SW4 NW4 NW4 NE4 EX W 33 1.13 AC

Ownership

  • Current Owner : WOW PROPERTIES LLC
  • Previous Owner : ASKARI ALI A
  • Previous Owner 2: ASKARI MAHDIEH
  • Owner Before Previous Owner: BROWN JAMES R
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: unknown
  • Vacant Flag Date: Mar 26, 2024

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 105103

Zoning

  • Zoning: R-43

Geography

  • Parcel: 170-02-002-B
  • Meridian: SEC 13 TWN 2N RNG 3E
  • Municipality: PARADISE VALLEY
  • Latitude: 33.5233
  • Longitude: -112.003

    Address

  • Full Address: 5815 N Palo Cristi Rd
  • Address - House Number: 5815
  • Street Direction: N
  • Address - Street Name: Palo Cristi
  • Address - Suffix Type: Rd
  • State: AZ
  • City Name: Paradise Valley
  • Carrier Code: C009
  • 4-Digit Zip Code: 5020
  • Zip Code: 85253

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,967
  • Tax Rate Code Area: 141100

    Appraisal Valuation

  • Standard Deviation: 0.1386
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 1,437,324
  • High Value: 1,636,624
  • Low Value: 1,238,025

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $7,250,000
  • First Open Lien Mortgage Lender: CROSSWIND MORTGAGE REIT LP
  • First Open Lien Mortgage Recording Date: Jul 14, 2023
  • First Open Lien Mortgage Loan Amount: $6,750,000
  • First Open Lien Mortgage Term: 17
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2025
  • Second Open Lien Mortgage Lender: CULLUM DEVELOPMENT INC
  • Second Open Lien Mortgage Recording Date: Nov 15, 2023
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown

    Market Valuation

  • Market Total Value: $1,015,800
  • Market Land Value: $203,100
  • Market Improvement Value: $812,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,580
  • Assessed Land Value: $20,310
  • Assessed Improvements Value: $81,270

    Sales

  • Current Sale Contract Date: Feb 02, 2022
  • Current Sale Recording Date: Apr 28, 2022
  • Current Sale Transaction ID: 11886003633
  • Current Sale Price: $2,000,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 370583
  • Previous Sale Recording Date: Sep 29, 2006
  • Previous Sale Contract Date: Sep 15, 2006
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: REPROP INVESTMENTS INC
  • First Mortgage Transaction Date: Apr 28, 2022
  • First Mortgage Loan Amount: $1,100,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: May 01, 2023
  • Second Mortgage Lender: REPROP INVESTMENTS, INC.
  • Second Mortgage Transaction Date: Apr 28, 2022
  • Second Mortgage Loan Amount: $400,000
  • Second Mortgage Loan Due Date: May 01, 2023

    Previous Mortgages

  • Previous Mortgage Lender: ARGENT MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Sep 29, 2006
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $913,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Oct 01, 2036

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Paradise Valley


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Frequently Asked Questions

When was property at 5815 North Palo Cristi Road built and last sold?
The property at 5815 North Palo Cristi Road was built in 1959 and last sold on Feb 2, 2022 for $2,000,000.
How much is this home worth?
The estimated value of the home located at 5815 North Palo Cristi Road is $13,029,000.
What are some comparable homes to 5815 North Palo Cristi Road?
There are currently no comparable homes to 5815 North Palo Cristi Road.

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