NOT LISTED FOR SALE

Estimated Value: $1,538,000 - $1,706,000

4 Beds
3 Baths
3,679 Sq Ft
$444/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $1,550,000 $421 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,571/month

23 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Wood Flooring
  • Sonoran Trails Middle School Rated A-
  • Fireplace in Primary Bedroom
  • Santa Barbara Architecture

About This Home

As of February 2024

Experience the pinnacle of luxury living in this exquisite custom estate nestled amidst the picturesque vistas of Monterra. Set upon a sprawling 0.77-acre lot, this 4-bedroom, 3-bathroom residence boasts 3,679 square feet of unparalleled craftsmanship and panoramic mountain views. As you approach, a gracefully curved driveway leads you to the grandeur of this home, accentuating its stunning surroundings. The entry is adorned with grand double iron doors, welcoming you into a world of elegance and sophistication. Step inside to discover a home designed for both opulence and comfort. Stone tile and wood flooring pave the way through the interior, complementing the stunning ceiling details that adorn each room. The main floor showcases an elegant formal dining room...(CONTINUE READING)... and a formal living room, perfect for hosting gatherings or intimate soirées. The heart of the home is the chef's kitchen, boasting quartzite counters, a sizable island, dual farmhouse sink, ample counter space, storage, pantry, and state-of-the-art stainless steel appliances. The circular casual dining space adjacent to the kitchen offers a cozy setting for everyday meals, while the family room features a custom stone fireplace, creating a warm and inviting ambiance. Entertain in style at the full wet bar featuring quartzite counters, bar top seating for two, and a custom stone wall, making it an ideal space for hosting guests or unwinding after a long day. Retreat to the lavish master suite, complete with a seating area, custom stone fireplace, private backyard access, and a spacious walk-in closet. The master bathroom exudes luxury with double sinks, quartzite counters, a vanity, a spa-style soak tub, and a separate shower. Three additional bedrooms and two bathrooms provide versatility and comfort, with one bedroom conveniently located adjacent to the bar, perfect for a home office, and another designed to serve as a guest bedroom or home gym. Step outside to discover a backyard oasis designed for ultimate relaxation and entertainment. An expansive covered patio with ceiling fans overlooks a sparkling pool, spa, and an adobe-style fireplace. The lush grassy area provides ample space for family gatherings or tranquil moments amidst the breathtaking views or space for some golf practice. Perfectly situated near shopping, restaurants, golf courses, and easy freeway access, this estate offers both privacy and convenience, allowing you to enjoy the best of Hope's natural beauty and modern amenities. Experience luxury living at its finest in this stunning residence.

Last Listed By

Martha Andrews

Keller Williams Arizona Realty License #SA642277000 Listed on: 01/03/2024

Keller Williams Arizona Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,555

Year Built

  • Built in 2000

Lot Details

  • 0.78 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Spanish Architecture
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,679 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • Association fees include ground maintenance
  • City Prop Management Association, Phone Number (480) 844-2224
  • Built by Tarantini Custom Homes
  • Monterra Subdivision, Custom Floorplan

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 212-23-102

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,555

Year Built

Built in 2000

Lot Details

0

HOA Fees

$70 per month

Parking

3

Listing Details

  • Cross Street: Jomax Rd & Scottsdale Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 70.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2000
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: North on Scottsdale Rd - East on Red Bird Rd - Right on 73rd Street which curves into Monterra Way - Left on 73rd Way - Home is on the Left
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.78
  • Co List Office Mls Id: kwaz10
  • Co List Office Phone: 480-767-3000
  • Subdivision Name: MONTERRA
  • Architectural Style: Spanish, Santa Barbara/Tuscan
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 420.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3679.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 420.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Jomax Monterra
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Jomax Monterra
  • Association Fees:HOA Telephone4: 480-844-2224
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 420.0
  • Association Fees:Disclosure Fees HOA: 280.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Prop Management

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33840.0
  • Parcel #: 212-23-102
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Tarantini Custom Homes

Tax Info

  • Tax Annual Amount: 3555.0
  • Tax Book Number: 212.00
  • Tax Lot: 101
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Feb 27, 2024
Sold by
John And Linda Schuster Trust
Bought by
Carravetta Vincent A and Carravetta Amy J
Seller's Agent
Martha Andrews
Keller Williams Arizona Realty
Buyer's Agent
Jeffrey Serpa
Keller Williams Realty Sonoran Living
List Price
$1,590,000
Sold Price
$1,550,000
Premium/Discount to List
-$40,000
-2.52%
Total Days on Market
23
Views
46
Current Estimated Value
$1,632,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,811
Avg. Annual Appreciation
4.29%

Purchase Details

Closed on
Dec 18, 2023
Sold by
Schuster John J and Schuster Linda S
Bought by
John And Linda Schuster Trust and Schuster

Purchase Details

Closed on
Feb 18, 2000
Sold by
Tarantini Development Company Inc
Bought by
Schuster John J and Schuster Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Range of Values:

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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
Carravetta Vincent A $1,550,000 Chicago Title Agency
John And Linda Schuster Trust -- None Listed On Document
Schuster John J $482,000 Lawyers Title Of Arizona Inc
Tarantini Development Company Inc -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schuster John J $100,000
Previous Owner Schuster John J $280,000
Previous Owner Schuster John J $288,700
Previous Owner Schuster John J $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $1,550,000 -2.5% $421 / Sq Ft
01/03/2024 01/03/24 For Sale $1,590,000 -- $432 / 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 $4,342 $78,848 -- --
2024 $3,555 $75,094 -- --
2023 $3,555 $93,500 $18,700 $74,800
2022 $3,413 $79,030 $15,800 $63,230
2021 $3,791 $72,070 $14,410 $57,660
2020 $3,730 $65,880 $13,170 $52,710
2019 $3,612 $62,500 $12,500 $50,000
2018 $3,505 $59,930 $11,980 $47,950
2017 $3,362 $59,360 $11,870 $47,490
2016 $3,341 $58,320 $11,660 $46,660
2015 $3,177 $56,630 $11,320 $45,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6642089

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-23-102