NOT LISTED FOR SALE

1616 E Le Marche Ave Phoenix, AZ 85022

Paradise Valley Village Neighborhood

Estimated Value: $636,000 - $825,000

5 Beds
3 Baths
3,345 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $827,000 $247 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,315/month

5 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • 0.25 Acre Lot
  • Wood Flooring
  • 3-minute walk to Paradise Valley Park

About This Home

As of May 2024

Spacious two level custom 3-car garage home on a quiet cul-de-sac with NO HOA. On the main level you'll find the bright living room with vaulted ceilings, wood flooring, beautiful interior French doors that incorporate the kitchen/living room for a great room feel with the perfect amount of separation. The large kitchen has wood cabinets, granite counters, an island with wine chiller and walk-in pantry. Another set of French doors lead out to the deck overlooking the gorgeous backyard. Eat in the kitchen or formal dining room. Two spacious bedrooms and one full bath are also on this level. Downstairs you'll find the primary suite with jetted tub/separate shower, 2 other bedrooms, family room, wet bar, huge laundry room and another full bath. Step outside to the covered patio, sparkling pool and large grassy area. Love to garden? Plant away in the many leveled garden areas. Great location near shopping, dining, and hiking on Lookout Mountain.

Last Agent to Sell the Property

Kimberly Nathanson

Berkshire Hathaway HomeServices Arizona Properties License #SA649066000 Listed on: 03/16/2024

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Kim Espinoza

Good Oak Real Estate License #SA502556000

Good Oak Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,634

Year Built

  • Built in 1994

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,345 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Hydromassage or Jetted Bathtub

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit

Schools

  • Aire Libre Elementary School
  • Greenway Middle School
  • North Canyon High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Stellar Custom Homes
  • Lookout Canyon Estates Lot 1 49 Subdivision

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 214-19-286

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,634

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 16th Street and Greenway Pkwy
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2013
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2012
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.25
  • Subdivision Name: LOOKOUT CANYON ESTATES LOT 1-49
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 247.23
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Eat-in Kitchen, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Full Bth Master Bdrm, Tub with Jets
  • Living Area: 3345.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Aire Libre Elementary School
  • High School: North Canyon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Greenway Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10951.0
  • Parcel #: 214-19-286

Building Info

  • Builder Name: Stellar Custom Homes

Tax Info

  • Tax Annual Amount: 3634.0
  • Tax Book Number: 214.00
  • Tax Lot: 46
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2024
Sold by
Olinski Timothy and Olinski Shannon
Bought by
Olinski Living Trust and Olinski
Current Estimated Value
$762,395

Purchase Details

Listed on
Mar 16, 2024
Closed on
May 30, 2024
Sold by
Serbin Celeste E
Bought by
Olinski Timothy and Olinski Shannon
Seller's Agent
Kimberly Nathanson
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Kim Espinoza
Good Oak Real Estate
List Price
$850,000
Sold Price
$827,000
Premium/Discount to List
-$23,000
-2.71%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.08%
Original Mortgage
$397,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2016
Sold by
Serbin Michael and Serbin Celeste
Bought by
Serbin Michael and Serbin Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,100
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2011
Sold by
Spb Consultants Inc
Bought by
Serbin Michael and Serbin Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2010
Sold by
Tindell Lloyd R and Tindell Roberta A
Bought by
Ez Lending Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2010
Sold by
Ez Lending Llc
Bought by
Spb Consultants Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2003
Sold by
Schule Flora Maria and Schule Klein Flora Maria
Bought by
Tindell Lloyd R and Tindell Roberta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,600
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1999
Sold by
Schule Klein Mark Anthony
Bought by
Schule Klein Flora Maria

Purchase Details

Closed on
Oct 1, 1998
Sold by
Johnston Stephen and Johnston Kim R
Bought by
Schule Klein Mark A and Schule Klein Flora M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 1997
Sold by
Kelley Thomas L and Kelley Kathy
Bought by
Johnston Stephen and Johnston Kim R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Olinski Living Trust -- None Listed On Document
Olinski Timothy $827,000 Fidelity National Title Agency
Serbin Michael -- American Title Svc Agency Ll
Serbin Michael $360,000 Great American Title Agency
Ez Lending Llc $260,000 None Available
Spb Consultants Inc -- None Available
Tindell Lloyd R $382,000 Security Title Agency
Schule Klein Flora Maria -- --
Schule Klein Mark A $237,500 Grand Canyon Title Agency In
Johnston Stephen $235,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olinski Timothy $397,000
Previous Owner Serbin Michael $262,100
Previous Owner Serbin Michael $288,000
Previous Owner Ez Lending Llc $225,000
Previous Owner Tindell Lloyd R $303,600
Previous Owner Schule Klein Mark A $190,000
Previous Owner Johnston Stephen $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $827,000 -2.7% $247 / Sq Ft
03/16/2024 03/16/24 For Sale $850,000 -- $254 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,840 $43,443 -- --
2024 $3,634 $41,374 -- --
2023 $3,634 $52,770 $10,550 $42,220
2022 $3,591 $39,030 $7,800 $31,230
2021 $3,607 $39,550 $7,910 $31,640
2020 $3,483 $36,770 $7,350 $29,420
2019 $3,499 $37,770 $7,550 $30,220
2018 $3,372 $34,100 $6,820 $27,280
2017 $3,220 $33,060 $6,610 $26,450
2016 $3,169 $31,080 $6,210 $24,870
2015 $2,940 $30,930 $6,180 $24,750
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Nathanson

    Seller's Agent in 2024

    Kimberly Nathanson

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 512-2501

    7 in this area

    58 Total Sales

    Kimberly Nathanson
    Section Image
  • Kim Espinoza

    Buyer's Agent in 2024

    Kim Espinoza

    Good Oak Real Estate

    (480) 861-0606

    1 in this area

    52 Total Sales

    Kim Espinoza
    Section Image

  • M

    Buyer Co-Listing Agent in 2024

    Michael Espinoza

    Good Oak Real Estate

    (480) 336-2822

    1 in this area

    33 Total Sales

    Michael Espinoza
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6676001

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-19-286

Arizona Maricopa County Phoenix 85022 Paradise Valley Village

1616 E Le Marche Ave, Phoenix, AZ

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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