$1,667,500
SOLD SEP 27, 2019
4 Beds
3 Baths
4,108 Sq Ft
0.26 Acres

Recently Sold

$406 Per Sq Ft

7% Below List Price

1 Day on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • Corner Lot
  • Madison Heights Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of September 2019

Located in one of Phoenix's ''best kept secrets'' of Amazing places to live, this home is bringing luxury Peak living to the next level. Designed and built by Jason Steele of Aperture Design, this 1960's home was reinvented and reborn in 2019 to utilize every opportunity for enjoying some of the most breathtaking views of downtown and the Phoenix Mountain Preserve imaginable. Striking curb appeal from it's angled corner position perched on the hillside, it invites you to come inside and discover what's beyond the bold exterior lines, limestone adorned walls and rolled steel cladding. Both modern and timeless, the carefully crafted interior finishes balance gorgeous aesthetic appeal with comfort and livability. Custom rift cut oak casework throughout, Wolf Appliances, Arctic White Quartz Counters, Hardwood floors & dramatic black lighting fixtures are just some of the finishes that will please any buyer. The lower level delivers an open concept that is perfect for entertaining while the multiple exterior patios capitalize on the incredible panoramic views. The one of a kind floating steel staircase, which is a work of art in it's own right, will bring you to the upper level which is reserved for the masters retreat and showcases downtown Phoenix through floor to ceiling walls of glass and an expansive floating sky deck. Other highlights include an owners lounge or office, large walk in closet and a spa like bath suite worthy of a magazine cover. Custom new builds in this area do not come along very often. Treat yourself to a view of Phoenix like you've never experienced before. Showings by Apt only.

Last Agent to Sell the Property

lisa brown

HomeSmart Brokerage Phone: 602-339-3567 License #SA652637000 Listed on: 08/07/2019

HomeSmart

Last Buyer's Agent

Mike Weeks

HomeSmart License #SA648251000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,632

Year Built

  • Built in 1968 | Under Construction

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Designed by Jason Steele Architects
  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Metal Roof
  • Foam Roof
  • Block Exterior
  • Synthetic Stucco Exterior

Interior Spaces

  • 4,108 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Accessible Hallway
  • Stepless Entry

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Propane

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 164-15-070

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Jason Steele, Aperture Design
  • Indian Hills 4 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,632

Year Built

Built in 1968 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Lincoln Drive and Squaw Peak Drive
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Jason Steele
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2019
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2019
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2019
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2019
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2019
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2019
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1968
  • Tax Year: 2018
  • Directions: From Lincoln Dr, North onto Squaw Peak Drive to 24th Place, left one block to Lincoln Circle, right to home on your left.
  • Attribution Contact: 602-339-3567
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.26
  • Subdivision Name: INDIAN HILLS 4
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Utilities Butane Propane: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry, Accessible Hallway(s)
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4108.0
  • Stories: 2
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: EIFS Synthetic Stcco, Brick Veneer, Block, Frame - Wood
  • Property Condition: Under Construction
  • Roof: Foam, Metal
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Utilities: Propane
  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: 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: Madison Heights Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11521.0
  • Parcel #: 164-15-070
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Jason Steele, Aperture Design

Tax Info

  • Tax Annual Amount: 4632.08
  • Tax Book Number: 164.00
  • Tax Lot: 131
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Shah Deepa K and Rao Nihaal M
Bought by
Rao Shah Always And Forever Family Trust and Rao
Total Days on Market
1
Current Estimated Value
$2,246,312

Purchase Details

Closed on
Jul 16, 2019
Sold by
Arroyo Vista Norte Llc
Bought by
Shah Deepa K and Rao Nihaal M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2017
Closed on
Mar 23, 2017
Sold by
Knittel Tim and The Knittel Family Living Trus
Bought by
Arroyo Vista Norte Llc
Seller's Agent
Tim Knittel
Realty Executives
Buyer's Agent
lisa brown
HomeSmart
List Price
$549,000
Sold Price
$490,000
Premium/Discount to List
-$59,000
-10.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.85%

Purchase Details

Closed on
Aug 9, 2013
Sold by
Knittel Vincent E and Knittel Mary Agnes
Bought by
Knittel Vincent E and Knittel Mary Agnes
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed $1,667,500 First American Title Ins Co
Warranty Deed $490,000 Equity Title Agency Inc
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $660,000 Credit Line Revolving
Previous Owner $257,923 Credit Line Revolving
Previous Owner $1,380,000 New Conventional
Previous Owner $140,000 Commercial
Previous Owner $1,500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $1,667,500 -7.1% $406 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $1,795,000 +266.3% $437 / Sq Ft
04/03/2017 04/03/17 Sold $490,000 -1.8% $209 / Sq Ft
02/18/2017 02/18/17 Price Changed $499,000 -5.0% $213 / Sq Ft
02/07/2017 02/07/17 Price Changed $525,000 -2.6% $224 / Sq Ft
01/24/2017 01/24/17 Price Changed $539,000 -1.8% $230 / Sq Ft
01/04/2017 01/04/17 For Sale $549,000 -- $234 / 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 $7,945 $68,801 -- --
2024 $7,716 $65,524 -- --
2023 $7,716 $118,150 $23,630 $94,520
2022 $7,468 $86,810 $17,360 $69,450
2021 $7,538 $82,370 $16,470 $65,900
2020 $7,412 $77,010 $15,400 $61,610
2019 $4,749 $38,680 $7,730 $30,950
2018 $4,632 $36,250 $7,250 $29,000
2017 $4,414 $33,930 $6,780 $27,150
2016 $3,734 $35,150 $7,030 $28,120
2015 $3,475 $33,630 $6,720 $26,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5962553

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-15-070