NOT LISTED FOR SALE

Estimated Value: $1,358,000 - $1,559,000

4 Beds
4 Baths
3,844 Sq Ft
$380/Sq Ft Est. Value

Last Sold February 15, 2017

Last sale price $780,000 $203 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $8,375/month

4 Days on Market

Highlights

  • Private Pool
  • 0.38 Acre Lot
  • Fireplace in Primary Bedroom
  • Mercury Mine Elementary School Rated A
  • Mountain View
  • Vaulted Ceiling

About This Home

As of February 2017

Perfectly located on a friendly cul-de-sac with N/S exposure, this CUSTOM designed territorial mountain view home features authentic style & quality. Amazing privacy & perfect for entertaining. Upon entering the large gated front courtyard, you are transported to a place of relaxation & true southwestern charm. Details galore: soaring beamed ceilings, latillas, vigas, art niches, delightfully charming fireplaces, seating, ledges & saltillo flooring. An ideal split floorplan boasts all ensuite bedroom/baths & huge closets. Private dining room with wine storage. The view-filled outdoor spaces offer shaded patios, covered living room & patio dining, gorgeous tiered gardens, waterfall pool, spa, bbq, side yard sport court & private entry to the gorgeous Phoenix Mountain Preserve hiking trails.

Last Agent to Sell the Property

Nancy Mowry

Russ Lyon Sotheby's International Realty License #SA514152000 Listed on: 09/28/2016

Russ Lyon Sotheby's International Realty

Co-Listed By

B Mowry

Russ Lyon Sotheby's International Realty License #BR514141000

Last Buyer's Agent

Jeffrey Kraemer

LKY Advisors, LLC License #SA645531000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,415

Year Built

  • Built in 1993

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 3,844 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • 3 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Private Pool
  • Spa
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Built-In Barbecue
  • Playground

Schools

  • Mercury Mine Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Propane
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 165-06-191

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Cinnabar Court 2 Lot 1 13 Subdivision, Territorial Floorplan

Recreation

  • Sport Court
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,415

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Shea & 26th Str
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1993
  • Spa Private: Yes
  • Tax Year: 2015
  • Master Model: Territorial
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.38
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: CINNABAR COURT 2 LOT 1-13
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 202.91
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Utilities Butane Propane: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Basement YN: No
  • Spa Features: Private
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Fire Pit, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 3844.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground, Misting System, Patio, Private Yard, Sport Court(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Misting System: Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Utilities: Propane
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Mercury Mine Elementary School
  • High School: Shadow Mountain High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16495.0
  • Parcel #: 165-06-191
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 5415.0
  • Tax Book Number: 165.00
  • Tax Lot: 6
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Feb 10, 2017
Sold by
Reed Omer K and Reed Marcia J
Bought by
Kraemer Jeffrey Michael
Seller's Agent
Nancy Mowry
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jeffrey Kraemer
LKY Advisors, LLC
List Price
$825,000
Sold Price
$780,000
Premium/Discount to List
-$45,000
-5.45%
Current Estimated Value
$1,459,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$679,790
Avg. Annual Appreciation
7.37%
Original Mortgage
$600,000
Outstanding Balance
$496,775
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$963,015

Purchase Details

Closed on
Dec 16, 2016
Sold by
Reed Omar K and Reed Marcia J
Bought by
Reed Omar K and Reed Marcia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$496,775
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$963,015

Purchase Details

Closed on
May 24, 2010
Sold by
Reed Omer K and Reed Marcia J
Bought by
Reed Omer K and Reed Marcia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2006
Sold by
Reed Omer K and Reed Marcia J
Bought by
Reed Omer K and Reed Marcia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2005
Sold by
Reed Omer K and Reed Marcia J
Bought by
Reed Omer K and Reed Marcia J

Purchase Details

Closed on
May 26, 2005
Sold by
Wisniewski Robert and Wisniewski Jane E
Bought by
Reek Omer K and Reed Marcia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$868,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2004
Sold by
Wisniewkski Robert Edward
Bought by
Wisniewski Robert E and Wisniewski Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 8, 2002
Sold by
Wisniewski Jane E
Bought by
Wisniewski Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.17%

Purchase Details

Closed on
Mar 24, 1995
Sold by
Wisniewski Jean Shirlaw
Bought by
Wisniewski Robert Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
8.77%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kraemer Jeffrey Michael $780,000 Great American Title Agency
Reed Omar K -- Accommodation
Reed Omar K -- Stewart Title Arizona Agency
Reed Omer K -- Great American Title
Reed Omer K -- Great American Title
Reed Omer K -- Camelback Title Agency Llc
Reed Omer K -- Camelback Title Agency Llc
Reed Omer K -- --
Reek Omer K $1,085,000 Camelback Title Agency Llc
Wisniewski Robert E -- Arizona Title Agency Inc
Wisniewski Robert E -- Lawyers Title Of Arizona Inc
Wisniewski Robert Edward -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraemer Jeffrey Michael $600,000
Previous Owner Reed Omar K $640,000
Previous Owner Reed Omer K $316,000
Previous Owner Reed Omer K $557,000
Previous Owner Reek Omer K $868,000
Previous Owner Wisniewski Robert E $500,000
Previous Owner Wisniewski Robert E $275,000
Previous Owner Wisniewski Robert Edward $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2017 02/15/17 Sold $780,000 -5.5% $203 / Sq Ft
01/24/2017 01/24/17 For Sale $825,000 0.0% $215 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $825,000 -- $215 / 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 $8,356 $75,888 -- --
2024 $6,796 $72,274 -- --
2023 $6,796 $93,580 $18,710 $74,870
2022 $6,721 $72,380 $14,470 $57,910
2021 $6,743 $65,800 $13,160 $52,640
2020 $6,516 $62,170 $12,430 $49,740
2019 $6,525 $58,780 $11,750 $47,030
2018 $6,292 $56,180 $11,230 $44,950
2017 $6,006 $59,150 $11,830 $47,320
2016 $5,896 $54,670 $10,930 $43,740
2015 $5,415 $53,230 $10,640 $42,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5503448

Arizona Regional Multiple Listing Service (ARMLS)

APN: 165-06-191