NOT LISTED FOR SALE

Estimated Value: $1,568,000 - $1,788,000

5 Beds
3 Baths
3,985 Sq Ft
$420/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $850,000 $213 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $9,413/month

18 Days on Market

Highlights

  • Heated Spa
  • 3 Fireplaces
  • No HOA
  • Madison Heights Elementary School Rated A-
  • Granite Countertops
  • Kitchen Island

About This Home

As of July 2017

Hard to find property offering spectacular city and mountain views and super convenient central location close to downtown, the airport, the Biltmore and Old Town Scottsdale. Property is currently being operated as a very successful short-term vacation rental. Perfect entertainer's home, or investor looking for high income streams generated by short-term rental income revenues. Views from front of home are exceptional. Health and fitness enthusiests will love the hiking trails of Piestewa Peak are right out the back of the home.

Last Agent to Sell the Property

Charles Sullivan

Solonyx Residential License #BR560915000 Listed on: 05/29/2017

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,832

Year Built

  • Built in 1970

Lot Details

  • 0.29 Acre Lot
  • Desert faces the back of the property
  • Chain Link Fence

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 3,985 Sq Ft Home
  • 3-Story Property
  • 3 Fireplaces
  • Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Spa
  • Heated Pool

Schools

  • Madison Heights Elementary School
  • Madison #1 Middle School
  • Camelback High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Biltmore Highlands Subdivision

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 164-19-068

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,832

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 22nd Street and Lincoln
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1970
  • Spa Private: Yes
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.29
  • Subdivision Name: BILTMORE HIGHLANDS
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 213.29
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Spa Features: Heated, Private
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace
  • Fireplace: Yes
  • Interior Amenities: Kitchen Island, 3/4 Bath Master Bdrm, Granite Counters
  • Living Area: 3985.0
  • Stories: 3
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Fireplace:_three_ Fireplace: Yes
  • Basement Description:Finished2: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Natural Desert Back
  • Pool Features: Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition, Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Electric, Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Madison Heights Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12754.0
  • Parcel #: 164-19-068
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 6831.72
  • Tax Book Number: 164.00
  • Tax Lot: 63
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2017
Closed on
Jul 17, 2017
Sold by
Love Bruce
Bought by
City Lights Villa Llc
Seller's Agent
Charles Sullivan
Solonyx Residential
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$879,000
Sold Price
$850,000
Premium/Discount to List
-$29,000
-3.3%
Current Estimated Value
$1,673,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$823,900
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
Oct 4, 2016
Sold by
Bruce & Janet Love Family Llc
Bought by
Love Bruce

Purchase Details

Closed on
Oct 30, 2014
Sold by
Love Bruce
Bought by
Bruce & Janet Love Family Llc

Purchase Details

Listed on
May 9, 2014
Closed on
May 29, 2014
Sold by
Gold Jay M
Bought by
Love Bruce
Seller's Agent
Charles Sullivan
Solonyx Residential
Buyer's Agent
Charles Sullivan
Solonyx Residential
List Price
$729,000
Sold Price
$715,000
Premium/Discount to List
-$14,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Jul 17, 2013
Sold by
Hafiz Zavier K
Bought by
Gold Jay and Jay Gold Separate Property Trust

Purchase Details

Closed on
Dec 28, 2012
Sold by
Gold Joy M
Bought by
Hafiz Zavier K and Hafiz Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 12, 2010
Sold by
Gold Jay
Bought by
Gold Jay M and Jay M Gold Separate Property Trust

Purchase Details

Closed on
Mar 15, 2002
Sold by
Fidelity United Trust
Bought by
Gold Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.85%
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
City Lights Villa Llc $850,000 Clear Title Agency Of Arizon
Love Bruce -- Accommodation
Bruce & Janet Love Family Llc -- None Available
Love Bruce $715,000 Grand Canyon Title Agency In
Gold Jay $753,000 None Available
Hafiz Zavier K $779,500 Accommodation
Gold Jay M -- None Available
Gold Jay -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hafiz Zavier K $700,000
Previous Owner Gold Jay $300,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2017 07/17/17 Sold $850,000 -3.3% $213 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
05/29/2017 05/29/17 For Sale $879,000 +22.9% $221 / Sq Ft
05/29/2014 05/29/14 Sold $715,000 -1.9% $179 / Sq Ft View Prior Sale
05/17/2014 05/17/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $729,000 -- $183 / 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 $7,915 $60,758 -- --
2024 $7,344 $57,865 -- --
2023 $7,344 $97,600 $19,520 $78,080
2022 $7,125 $78,110 $15,620 $62,490
2021 $7,187 $72,030 $14,400 $57,630
2020 $7,075 $69,410 $13,880 $55,530
2019 $6,919 $65,220 $13,040 $52,180
2018 $6,749 $59,150 $11,830 $47,320
2017 $7,492 $63,870 $12,770 $51,100
2016 $6,832 $59,070 $11,810 $47,260
2015 $6,345 $57,100 $11,420 $45,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5612349

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-19-068