7 months on rocket

8517 N 48th Pl, Paradise Valley, AZ, 85253

$4,400,000

4 Bedrooms
4 Baths
4,118 SqFt
$1,068/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Separate Strge Area, Electric Vehicle Charging Station(s)
Garage6 spaces
Year Built1963
HeatingNatural Gas
Fireplace2 Fireplace, Fire Pit, Gas
ViewMountain(s)
Private PoolYes
MLS #6703221
Lot Size1.01 Acres
StatusActive

About 8517 N 48th Pl

This stunning, classic mid century home, originally designed by noted mid century architect Albert Anderson. and additionally designed by James Kotke sits in an oasis of tranquility in Paradise Valley. With mountain views and lush desert landscaping surrounding the home, the walls of glass allow the spectacular surroundings to become part of the living space. Enter into a private courtyard with a fountain and specimen plantings and walk into an entry framed by mountain views. With a recently remodeled and expanded kitchen and primary bath, classic terrazzo floors, large expanses of glass walls and a multi car garage, this home is a perfect haven for those who demand the finest. This is a classic, timeless home for a sophisticated buyer who appreciates beauty and requires quality

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Other (See Remarks)
  • Year Built: 1963
  • Stories: 1
  • Living Area: 4,118 SqFt

Listing Office:

  • Office Name: Russ Lyon Sotheby's International Realty
  • Office Phone: (480) 287-5200
  • Listing Agent: Joyce Lynch, Emily Cunnington

Interior Features

Interior Information:

  • Flooring Type: Other, Tile
  • Interior: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Smart Home, Granite Counters
  • Fireplace: 2 Fireplace, Fire Pit, Gas

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s)
  • Exterior: Covered Patio(s), Patio, Storage

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Separate Strge Area, Electric Vehicle Charging Station(s)

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac
  • Lot Size: 1.01 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: North on Tatum from Lincoln. East on Caida del Sol (traffic light). South on 48th Place to the home at the end of the cul-de-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,400,000
  • Price Per SqFt: $1,068/SqFt

Tax Information:

  • Annual Amount: $6,928
  • 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

72

# of Sold Homes

26

8517 N 48th Pl vs Paradise Valley

218 DAYS ON ROCKET

+146 Days

$4,400,000

+$1.2M More

$1,068/SqFt

+$350 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $350/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: #6703221

Listing Office:

  • Office Name: Russ Lyon Sotheby's International Realty
  • Office Phone: (480) 287-5200
  • Listing Agent: Joyce Lynch, Emily Cunnington

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: 12/18/2024, 7:21:09 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 24, 2011Home Sold
$2,100,000
Apr 01, 2003Home Sold
$650,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,928$115,810
2020$6,879$114,250
2019$6,353$106,810
2017$6,080$113,400

History based on county public records data.

Payment Calculator

$22K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.2K

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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-4443295
10
/10
  • Cherokee Elementary School

  • 8801 N 56th St

  • 0.99 miles

  • Public District Grades EE-5

school-card-donut-4443296
8
/10
  • Mercury Mine Elementary School

  • 9640 N 28th St

  • 2.83 miles

  • Public District Grades PK-6

school-card-donut-4443297
10
/10
  • Sequoya Elementary School

  • 11808 N 64th St

  • 2.84 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $149,500. The most common annual income of people living in Paradise Valley, AZ is $200k+. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8517 N 48th Pl

What is the listing price of this property?

The listing price of 8517 N 48th Pl property is $4,400,000.

What type of property is this?

The property 8517 N 48th Pl is a house located in Paradise Valley, Arizona, 85253.

Is this property for sale now?

Active Listing: 8517 N 48th Pl 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 $6,928 (source: MLS/based on county public records data).

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

The last sale was on June 24, 2011 for $2,100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8517 N 48th Pl has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 8517 N 48th Pl is 4,118 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8517 N 48th Pl is 1963.
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Rocket Homes›Arizona›Maricopa County›Paradise Valley›85253›8517 N 48th Pl

This home is located at 8517 N 48th Pl in Paradise Valley, AZ and zip code 85253 in the Vista Linda neighborhood. This 4,118 square foot home, which was built in 1963, sits on a 1.01 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $4,400,000.

Over 0 listings were sold over their listed price in November 2024 in Paradise Valley, AZ. In the same period over 19 listings were sold below the listed price and 7 listings were sold for the listed price. The number of listings in Paradise Valley, AZ increased by 9.4% between October 2024 and November 2024. The median list price of listings available in November 2024 was $3,187,500, while the average time on the real estate market was 72 days.

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

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