Seller's Agent in 2022
Ellen Fankhanel
Keller Williams Realty Sonoran Living
(480) 206-5127
6 in this area
44 Total Sales
2564 E Ocotillo Rd Phoenix, AZ 85016
Camelback East Village NeighborhoodEstimated Value: $2,955,376 - $3,336,000
3
Beds
3.5
Baths
5,400
Sq Ft
$581/Sq Ft
Est. Value
Highlights
- Gated with Attendant
- 0.84 Acre Lot
- Fireplace in Primary Bedroom
- Madison Heights Elementary School Rated A-
- Mountain View
- Contemporary Architecture
About This Home
As of February 2022One-of-a-kind Luxury Home in the Biltmore Mountain Estates with breathtaking unobstructed views of Piestewa Peak and Phoenix Mountain range. This is a very rare opportunity for one lucky Buyer, this may possibly be the best lot and view in the Biltmore! Beautifully crafted and designed contemporary home by renowned architect Vernon Swaback ,apprentice to Frank Lloyd Wright, perfectly poised this home on site to capture the magnificence of the view. 5,400 sqft of thoughtful space, 3 bedroom split floor plan with ensuite baths, den, living room, bar, and powder room. Kitchen is spacious with custom cabinetry, island, walk-in pantry, dining, and office space. Granite countertops and luxury appliances include Dacor 6 burner gas cooktop,double ovens,& warming drawer,Bosch dishwasher,Sub-Zero and 3 new U-Line wine refrigerators. The grounds are a desert botanical paradise with specimen trees and cacti. Spacious backyard patios are perfect for entertaining with built-in BBQ island and the unforgettable Piestewa Peak backdrop. Extended 3 car garage includes a storage closet and shelved room. Community amenities include: Guard gated security, walking paths, hiking trails, and tennis courts. Fantastic location with easy access to the 51 FWY, Arizona Biltmore, Waldorf Astoria Resort, Biltmore Fashion Park, Golf, & Restaurants.
Last Agent to Sell the Property
Keller Williams Realty Sonoran Living License #SA567950000 Listed on: 01/12/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,891
Year Built
- Built in 2000
Lot Details
- 0.84 Acre Lot
- Private Streets
- Desert faces the front and back of the property
- Block Wall Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
HOA Fees
- $340 Monthly HOA Fees
Parking
- 3 Car Garage
- 2 Open Parking Spaces
- Side or Rear Entrance to Parking
- Garage Door Opener
Home Design
- Designed by Vernon Swaback Architects
- Contemporary Architecture
- Metal Roof
- Foam Roof
- Block Exterior
- Stucco
Interior Spaces
- 5,400 Sq Ft Home
- 2-Story Property
- Wet Bar
- Central Vacuum
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Tinted Windows
- Solar Screens
- Living Room with Fireplace
- 2 Fireplaces
- Mountain Views
- Security System Owned
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Concrete
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bathroom is a Full Bathroom
- 3.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bidet
- Hydromassage or Jetted Bathtub
- Bathtub With Separate Shower Stall
Outdoor Features
- Balcony
- Patio
- Built-In Barbecue
Schools
- Madison Heights Elementary School
- Madison #1 Middle School
- Camelback High School
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Water Purifier
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 164-68-469
Community Details
Overview
- Association fees include ground maintenance, street maintenance
- Associated Asset Mgm Association, Phone Number (602) 957-9191
- Biltmore Mountain Estates Subdivision, Custom Floorplan
Recreation
- Tennis Courts
- Bike Trail
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2022
Closed on
Feb 16, 2022
Sold by
Stewart Alden A and Stewart Patricia A
Bought by
Lombardi Revocable Trust
Seller's Agent
Ellen Fankhanel
Keller Williams Realty Sonoran Living
Buyer's Agent
Tucker Blalock
The Brokery
List Price
$2,400,000
Sold Price
$2,500,000
Premium/Discount to List
$100,000
4.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,792
Avg. Annual Appreciation
6.45%
Original Mortgage
$1,400,000
Outstanding Balance
$1,282,491
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,852,301
Purchase Details
Listed on
Jan 1, 2018
Closed on
Apr 25, 2018
Sold by
Osofsky Alan Barry and The Meyer And Aileen Osofsky R
Bought by
Stewart Alden and Stewart Patricia A
Seller's Agent
Thomas Osterman
Realty Executives Arizona Territory
Buyer's Agent
Ellen Fankhanel
Keller Williams Realty Sonoran Living
List Price
$1,800,000
Sold Price
$1,600,000
Premium/Discount to List
-$200,000
-11.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Purchase Details
Closed on
Aug 5, 2002
Sold by
Osofsky Meyer and Osofsky Aileen
Bought by
Osofsky Larry Charles and Osofsky Randy Ellen
Purchase Details
Closed on
Feb 9, 1999
Sold by
Riches Kimberly D
Bought by
Osofsky Meyer and Osofsky Aileen
Purchase Details
Closed on
Apr 8, 1998
Sold by
Golden Heritage Homes Inc
Bought by
Riches Kimberly D
Purchase Details
Closed on
Mar 31, 1998
Sold by
Dietrich Harvey C
Bought by
Riches Kimberly D
Purchase Details
Closed on
Dec 26, 1995
Sold by
Pew Construction Co
Bought by
Dietrich Harvey C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lombardi Revocable Trust | $2,500,000 | Pioneer Title | |
| Stewart Alden | $1,600,000 | Chicago Title Agency Inc | |
| Osofsky Larry Charles | -- | -- | |
| Osofsky Meyer | $417,000 | First American Title | |
| Riches Kimberly D | -- | North American Title Agency | |
| Riches Kimberly D | $365,000 | North American Title Agency | |
| Dietrich Harvey C | -- | United Title Agency | |
| Deitrick Harvey C | $317,500 | United Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lombardi Revocable Trust | $1,400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2022 02/18/22 | Sold | $2,500,000 | +4.2% | $463 / Sq Ft |
| 01/12/2022 01/12/22 | For Sale | $2,400,000 | +50.0% | $444 / Sq Ft |
| 05/15/2018 05/15/18 | Sold | $1,600,000 | -5.9% | $296 / Sq Ft |
| 03/13/2018 03/13/18 | Pending | -- | -- | -- |
| 02/26/2018 02/26/18 | Price Changed | $1,700,000 | -5.6% | $315 / Sq Ft |
| 01/01/2018 01/01/18 | For Sale | $1,800,000 | -- | $333 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $15,680 | $131,074 | -- | -- |
| 2024 | $20,748 | $124,833 | -- | -- |
| 2023 | $20,748 | $216,580 | $43,310 | $173,270 |
| 2022 | $20,111 | $166,510 | $33,300 | $133,210 |
| 2021 | $20,891 | $157,960 | $31,590 | $126,370 |
| 2020 | $20,565 | $151,310 | $30,260 | $121,050 |
| 2019 | $19,512 | $158,860 | $31,770 | $127,090 |
| 2018 | $19,019 | $161,870 | $32,370 | $129,500 |
| 2017 | $18,095 | $149,600 | $29,920 | $119,680 |
| 2016 | $17,450 | $137,850 | $27,570 | $110,280 |
| 2015 | $16,164 | $122,210 | $24,440 | $97,770 |
Source: Public Records
Agents Affiliated with this Home
-
Ellen Fankhanel
-
Greg Kilroy
Seller Co-Listing Agent in 2022
Greg Kilroy
Keller Williams Realty Sonoran Living
(480) 235-4312
19 in this area
115 Total Sales
-
Tucker Blalock
Buyer's Agent in 2022
Tucker Blalock
The Brokery
(602) 892-4444
252 in this area
356 Total Sales
-
Oleg Bortman
Buyer Co-Listing Agent in 2022
Oleg Bortman
The Brokery
(602) 402-2296
243 in this area
352 Total Sales
-
Thomas Osterman
Seller's Agent in 2018
Thomas Osterman
Realty Executives
(602) 405-4052
6 in this area
22 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6340784
APN: 164-68-469
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.
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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