NOT LISTED FOR SALE

Estimated Value: $1,726,000 - $2,288,000

3 Beds
6 Baths
5,192 Sq Ft
$368/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $1,200,000 $231 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $11,144/month

283 Days on Market

Highlights

  • Play Pool
  • City Lights View
  • Vaulted Ceiling
  • Phoenix Coding Academy Rated A
  • Property is near public transit
  • 5-minute walk to Walton Park

About This Home

As of February 2021

Builder Close Out at The Arris, Incredible new brownstone residences in the heart of Phoenix. This private residence offers sophisticated living and entertaining spaces, gracious private suites, impeccable finishes and 10-12 foot ceilings. Fantastic outdoor living spaces include a private entry courtyard, large rooftop terrace and covered balcony off of the huge master suite. The private elevator is finished with custom materials matching the professionally designed home. Luxury living is delivered with 5,192 sf yet the ease of a true lock and leave lifestyle. Located on light rail, across the street from the Phoenix Art Museum and the Heard Museum and just steps away from dozens of restaurants and cafes. Note: Some pieces of the furniture and art may be avail. via a separate bill of sale.

Last Agent to Sell the Property

Joe Bushong

Russ Lyon Sotheby's International Realty License #SA558366000 Listed on: 03/23/2020

Russ Lyon Sotheby's International Realty

Co-Listed By

Chad Christian Jr

Russ Lyon Sotheby's International Realty License #SA536279000

Last Buyer's Agent

Robert Risvold

Realty ONE Group License #SA645272000

Realty ONE Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,343

Year Built

  • Built in 2016

Lot Details

  • 3,747 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Private Streets
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Side or Rear Entrance to Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 5,192 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • 1 Fireplace
  • Double Pane Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 6 Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer Hookup

Outdoor Features

  • Play Pool
  • Balcony
  • Covered Patio or Porch

Location

  • Property is near public transit

Schools

  • Kenilworth Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet

Community Details

  • Association fees include front yard maint, ground maintenance, street maintenance
  • City Prop Mgmt Association, Phone Number (602) 437-4777
  • Built by A Finer Touch Construction
  • Chateau On Central Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 118-51-135

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,343

Year Built

Built in 2016

Lot Details

3,747 Sq Ft Lot

HOA Fees

$450 per month

Parking

2

Listing Details

  • Cross Street: Central Ave & Palm Lane
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 450.0
  • Energy Green Feature H E R S Rating: N
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2016
  • Tax Year: 2019
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.09
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: Chateau on Central
  • Architectural Style: Other
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 231.12
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Flooring: Carpet, Stone, Wood
  • Basement YN: Yes
  • Possible Use: None
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Oven, Gas Range, Washer, Dryer
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Tub with Jets, Eat-in Kitchen, Breakfast Bar, Pantry, Kitchen Island, Walk-in Pantry, High Speed Internet, Upstairs, Vaulted Ceiling(s), 9+ Flat Ceilings, Wet Bar, Elevator
  • Living Area: 5192.0
  • Stories: 4
  • Window Features: Dual Pane, Low-Emissivity Windows

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Private Street(s), Private Yard
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Pool Features: Play Pool
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: Three or More Levels, 1 Common Wall, End Unit, Street Facing
  • Construction Type: Block, Brick, Brick Veneer
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Metal, Other

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Rear Vehicle Entry, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: Washer Hookup, Inside
  • Security: Security System Owned, Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Near Light Rail Stop
  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Association Name: Chateau on Central
  • Phone: 602-437-4777x157
  • Association: Yes

Association/Amenities

  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 900.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: City Prop Mgmt
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Front Yard Maint, Maintenance Grounds, Street Maint

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3747.0
  • Parcel #: 118-51-135

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: A Finer Touch Construction

Tax Info

  • Tax Annual Amount: 16343.0
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Feb 4, 2021
Sold by
Msi West Investments Llc
Bought by
Arneson Ted A
Seller's Agent
Joe Bushong
Russ Lyon Sotheby's International Realty
Buyer's Agent
Robert Risvold
Realty ONE Group
List Price
$1,590,000
Sold Price
$1,200,000
Premium/Discount to List
-$390,000
-24.53%
Current Estimated Value
$1,910,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$710,445
Avg. Annual Appreciation
9.57%
Original Mortgage
$960,000
Outstanding Balance
$857,124
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,053,321
Source: Public Records
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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
Arneson Ted A $1,200,000 Landmark Ttl Assurance Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arneson Ted A $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2021 02/12/21 Sold $1,200,000 -7.7% $231 / Sq Ft
12/09/2020 12/09/20 Price Changed $1,300,000 -18.2% $250 / Sq Ft
03/23/2020 03/23/20 For Sale $1,590,000 -- $306 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $9,038 $92,517 -- --
2024 $11,652 $88,112 -- --
2023 $11,652 $92,470 $18,490 $73,980
2022 $11,217 $79,920 $15,980 $63,940
2021 $11,865 $80,900 $16,180 $64,720
2020 $14,063 $85,930 $17,180 $68,750
2019 $16,343 $140,660 $28,130 $112,530
2018 $16,064 $127,050 $25,410 $101,640
2017 $15,691 $115,210 $23,040 $92,170
2016 $8,355 $57,350 $11,470 $45,880
2015 $7,731 $53,250 $10,650 $42,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6055080

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-51-135

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