new - 1 day on rocket

5555 E Palo Verde Dr, Paradise Valley, AZ, 85253

$5,750,000

5 Bedrooms
7 Baths
6,756 SqFt
$851/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Separate Strge Area
Garage4 spaces
Year Built2002
HeatingNatural Gas
Fireplace3+ Fireplace, Two Way Fireplace, Fire Pit, Family Room, Living Room, Master Bedroom, Gas
ViewCity Lights, Mountain(s)
Private PoolYes
MLS #6781782
Lot Size1.03 Acres
StatusActive

About 5555 E Palo Verde Dr

Locations don't get any better than this! Views abound from every room in this lovely updated custom home is wonderfully situated on the north face of Camelback Mountain. Each night you will witness a picture-perfect sunset while the Praying Monk, Mummy Mountain and the Phoenix Mountain Preserve fade off into the night. Tastefully updated and well-appointed, this house has everything you'll desire from a gracious master suite to an opulent office, terrific Chef's kitchen, and great spaces for entertaining. Then there is a wonderful kid's wing all en suite bedrooms and a gracious guest retreat with a separate entrance. In the yard you will find a lush resort like setting with wonderful side yards awaiting your personal touches. With so much to offer this home has to be on your short list.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish, Santa Barbara/Tuscan
  • Year Built: 2002
  • Stories: 2
  • Living Area: 6,756 SqFt

Listing Office:

  • Office Name: Cambridge Properties
  • Office Phone: (602) 493-5100
  • Listing Agent: Cory Mishkin, Keith M Mishkin

Interior Features

Interior Information:

  • Flooring Type: Stone, Wood
  • Interior: Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Fireplace: 3+ Fireplace, Two Way Fireplace, Fire Pit, Family Room, Living Room, Master Bedroom, Gas

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Mountain(s)
  • Exterior: Balcony, Circular Drive, Covered Patio(s), Patio, Built-in Barbecue

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Separate Strge Area

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front
  • Lot Size: 1.03 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: East on McDonald from Tatum Blvd, Right (S) on 54th St, Left (East) on Palo Verde Dr cul du sac, property on Right (W).

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,750,000
  • Price Per SqFt: $851/SqFt

Tax Information:

  • Annual Amount: $16,985
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Paradise Valley, AZ.

Med. Sold Price

$3.1M

Med. Price/SqFt

$717

Avg. Days On Market

84

# of Sold Homes

21

5555 E Palo Verde Dr vs Paradise Valley

1 DAY ON ROCKET

-83 Days

$5,750,000

+$2.6M More

$851/SqFt

+$133 More

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price and $133/SqFt more than other homes in Paradise Valley, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6781782

Listing Office:

  • Office Name: Cambridge Properties
  • Office Phone: (602) 493-5100
  • Listing Agent: Cory Mishkin, Keith M Mishkin

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 06, 2020Home Sold
$3,015,000
Dec 19, 2017Home Sold
$2,285,000
May 29, 2003Home Sold
$2,330,000
Nov 20, 1998Home Sold
$685,000
Sep 23, 1993Home Sold
$517,500

Tax History

YEARPROP. TAXASSESSMENT
2021$16,985$244,710
2020$18,558$258,720
2019$17,209$265,010
2017$16,509$231,280

History based on county public records data.

Payment Calculator

$28.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.3K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-577083
9
/10
  • Kiva Elementary School

  • 6911 E McDonald Dr

  • 1.72 miles

  • Public District Grades PK-5

school-card-donut-577084
9
/10
  • Hopi Elementary School

  • 5110 E Lafayette Blvd

  • 1.75 miles

  • Public District Grades KG-5

school-card-donut-577085
5
/10
  • Tavan Elementary School

  • 4610 E Osborn Rd

  • 2.54 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $123,958. Typical income of Paradise Valley, AZ residents is $200k+ annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5555 E Palo Verde Dr

What is the listing price of this property?

The listing price of 5555 E Palo Verde Dr property is $5,750,000.

What type of property is this?

The property 5555 E Palo Verde Dr is a house located in Paradise Valley, Arizona, 85253.

Is this property for sale now?

Active Listing: 5555 E Palo Verde Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $16,985 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 6, 2020 for $3,015,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5555 E Palo Verde Dr has 5 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 5555 E Palo Verde Dr is 6,756 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5555 E Palo Verde Dr is 2002.
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Rocket Homes›Arizona›Maricopa County›Paradise Valley›85253›5555 E Palo Verde Dr

This home is located at 5555 E Palo Verde Dr in Paradise Valley, AZ and zip code 85253 in the Camelback Mountain neighborhood. This 6,756 square foot home, which was built in 2002, sits on a 1.03 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $5,750,000.

Over 2 listings were sold over their listed price in October 2024 in Paradise Valley, AZ. In the same period over 14 listings were sold below the listed price and 5 listings were sold for the listed price. The number of listings in Paradise Valley, AZ increased by 16.9% between September 2024 and October 2024. In October 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $3,150,000.

From Rocket Homes Real Estate and based on county public records data.

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