See Home Value
Phoenix 85253 Country Estates
5824 E TURQUOISE Avenue
$2,519,439*
House - Off Market

5824 E TURQUOISE Avenue

Paradise Valley, AZ 85253
bedrooms
5 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
3030 Sqft
$2,250,000 - $2,748,000
Reference Base Price*
0.82%
Since Jul 1, 2023
AZ-Phoenix
Primary Model
Sold Jun 09, 2023
$2,450,000
$1,450,000 by Arizona Financial Credit Union
Mortgage Due Jul 01, 2053
Sold Jan 10, 2020
$565,000

About This Property

HUGE PRICE REDUCTION! Enjoy indoor / outdoor living at its finest, in this absolutely stunning, custom new build home located in Arizona's premier luxury home community. Newly re-listed after the addition of a wall of folding glass doors, connecting the great room and kitchen to huge yard, covered patio, pool and spa. Contemporary / modern look and appeal throughout, boasting soaring vaulted ceilings in great room and kitchen. Huge, 1/2 acre+ lot has plenty of room for guest house, sport court or RV garage. Make sure to VIEW AERIAL PHOTOS of enormous yard, which is much larger than the fenced-in area around the pool and spa. Integrated Smart Home technology controls security cameras, TV, blinds, lighting, sound system and more. EVERYTHING is BRAND NEW! This home is not to be missed! The best Wolf and Thermador appliances, Thomasville cabinets, Lifetime Oak flooring, leather texture Quartz countertops, and Black Stainless fixtures. Split layout features 5 bedrooms, and 3.5 baths, 900+ sf garage, large walk-in pantry.

Check out these other Notable features:

Full length covered patio in rear

All new pool and spa

Wolf 48" dual fuel (electric and gas) range

Thermador refrigerator, dishwasher, microwave and wine refrigerator

85" Smart TV (capable of viewing all security cameras)

Smart Home features include iPad, and buyer training session from Modern Homes. Control TV, Security, Shades, Music, Comfort Settings, Lighting and more from included iPAD or phone. Very impressive system.

Programmable lighting throughout

LED under counter lights in kitchen and baths

Electric fireplace with multi-color LED lighting features

Smart Blinds in living areas, (also pre-wired for future use in bedrooms if desired)

Custom, flexible closet organizers with motion lighting in every bedroom

400 Amp electric service (can add an RV garage or guest house)***

Electric car charging outlet (220V) in garage

Alumacoat black stainless fixtures and valves (no water spots)

Soft water system

Instant Hot Water System

Recirculating Hot water system

Security / media center cabinet in 4th bedroom

Central music / sound system throughout house and garage

Epoxy flooring, TV and music in garage

Huge 914 sf - 3 car garage

Entire home is Foam insulated  huge energy savings

Huge .589 acre lot has been partitioned to allow buyer to add pickleball / tennis /RV garage/guest house in the future***

Central Vac with in-the-wall hoses, and sweep Vac inlet in kitchen

**Potential buyers must conduct their own due diligence regarding any further additions, including a guest home and RV garage.

The manager has listed the unit size as 3030 square feet.
Unit Size
3,030Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$825
Property Type
House
Property Taxes
$303
HOA Dues
$465
Year Built
2022

Price History

Date / Event Date Event Price
Jun 11, 2023 No longer available -
No longer available
Jun 9, 2023 Sold to Matthew Lorne Downs, Shanno... $2,450,000
Sold to Matthew Lorne Downs, Shanno...
May 3, 2023 Price Decreased $2,499,000
↓ $300K (10.7%)
Price Decreased
Mar 21, 2023 No longer available -
No longer available
Mar 21, 2023 Listed $2,799,000
Listed
Show More

Property Highlights

Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 25,670
  • Total Building Area: 3,030
  • Gross Building Area: 3,030
  • Building Area: 3,030
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,030
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COUNTRY ESTATES UNIT 2-B
  • Land Acres: 0.589
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COUNTRY ESTATES UNIT 2-B MCR 150-04

Ownership

  • Current Owner : DOWNS MATTHEW LORNE
  • Current Owner 2: DOWNS SHANNON
  • Previous Owner : SHOFF REVOCABLE TRUST
  • Owner Before Previous Owner: AMLEY BRUCE ALAN
  • Owner Before Previous Owner 2: POND ANDREA E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 103209

Zoning

  • Zoning: R-35

Geography

  • Assessors Map Reference: 15004
  • Subdivision Tract Number: A thru G
  • Parcel: 168-19-027
  • Lot: 77
  • Meridian: SEC 28 TWN 3N RNG 4E
  • Municipality: PHOENIX
  • Latitude: 33.578
  • Longitude: -111.955

    Address

  • Full Address: 5824 E Turquoise Ave
  • Address - House Number: 5824
  • Street Direction: E
  • Address - Street Name: Turquoise
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Paradise Valley
  • Carrier Code: C033
  • 4-Digit Zip Code: 1128
  • Zip Code: 85253

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,173
  • Tax Rate Code Area: 481300

    Appraisal Valuation

  • Standard Deviation: 0.1519
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 2,006,053
  • High Value: 2,310,903
  • Low Value: 1,701,202

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,450,000
  • First Open Lien Mortgage Lender: ARIZONA FINANCIAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jun 09, 2023
  • First Open Lien Mortgage Loan Amount: $1,450,000
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $1,399,300
  • Market Land Value: $279,800
  • Market Improvement Value: $1,119,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,930
  • Assessed Land Value: $27,980
  • Assessed Improvements Value: $111,950

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Jun 09, 2023
  • Current Sale Transaction ID: 11907671003
  • Current Sale Price: $2,450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 302131
  • Previous Sale Recording Date: Jan 10, 2020
  • Previous Sale Contract Date: Jan 09, 2020
  • Previous Sale Amount: $565,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARIZONA FINANCIAL CREDIT UNION
  • First Mortgage Transaction Date: Jun 09, 2023
  • First Mortgage Loan Amount: $1,450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3.5 Baths
6,690 ft²
$430/ft²
$2,875,000 May 20, 2022
-
$788/mo

About Paradise Valley


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Frequently Asked Questions

When was property at 5824 East Turquoise Avenue built and last sold?
The property at 5824 East Turquoise Avenue was built in 2022 and last sold on Jun 9, 2023 for $2,450,000.
How much is this home worth?
The estimated value of the home located at 5824 East Turquoise Avenue is $2,523,990.
What are some comparable homes to 5824 East Turquoise Avenue?
Homes that are comparable to 5824 East Turquoise Avenue include a house property at 6001 East Donna Circle, located in Paradise Valley, AZ.

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