3135 E Palo Verde Dr Phoenix, AZ 85016
Camelback East Village NeighborhoodEstimated payment $27,552/month
Highlights
- Private Pool
- Panoramic View
- Contemporary Architecture
- Madison Heights Elementary School Rated A-
- 1.19 Acre Lot
- Wood Flooring
About This Home
Altura Peak - modern hillside luxury you have to see today. Now with a compelling price improvement, reduced by $200,000 and under appraised value. A unique opportunity and value for the Biltmore/Paradise Valley area. Step inside and be blown away by the natural light, gorgeous details and incredible views that make this home truly special. Entertain with ease with the open kitchen design, custom sliding glass doors to multiple patio areas and experience that incredible Arizona indoor/outdoor living. For the collectors, a hidden speakeasy with custom bottle storage that connects to a temperature-controlled garage. Upstairs is a 1,500 sq/ft primary retreat where you can unwind, take in panoramic mountain and city views, and relax with your own spa-like bathroom. Even your little furry family members have their own wash station in the laundry room. The 1.18 acre lot allows additional opportunity to tailor to your lifestyle.
Open House Schedule
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Saturday, February 21, 202612:00 to 3:00 pm2/21/2026 12:00:00 PM +00:002/21/2026 3:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,406
Year Built
- Built in 1995
Lot Details
- 1.19 Acre Lot
- Private Streets
- Desert faces the front and back of the property
- Wrought Iron Fence
- Block Wall Fence
- Artificial Turf
- Front and Back Yard Sprinklers
- Sprinklers on Timer
Parking
- 6 Open Parking Spaces
- 3 Car Garage
Property Views
- Panoramic
- City Lights
- Mountain
Home Design
- Contemporary Architecture
- Room Addition Constructed in 2025
- Wood Frame Construction
- Foam Roof
- Stucco
Interior Spaces
- 6,012 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Gas Fireplace
- Double Pane Windows
- ENERGY STAR Qualified Windows
Kitchen
- Kitchen Updated in 2025
- Eat-In Kitchen
- ENERGY STAR Qualified Appliances
- Kitchen Island
Flooring
- Floors Updated in 2025
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathroom Updated in 2025
- Primary Bathroom is a Full Bathroom
- 5 Bathrooms
- Double Vanity
- Bathtub With Separate Shower Stall
Laundry
- Laundry Room
- Laundry on upper level
Eco-Friendly Details
- ENERGY STAR Qualified Equipment for Heating
Outdoor Features
- Private Pool
- Balcony
- Covered Patio or Porch
- Built-In Barbecue
Schools
- Madison #1 Elementary School
- Camelback High School
Utilities
- Cooling System Updated in 2025
- Central Air
- Heating System Uses Natural Gas
- Plumbing System Updated in 2025
- Wiring Updated in 2025
- Tankless Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by Custom
- Alta Vista Park Unit 4 Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 164-11-082-A
3D Interior and Exterior Tours
Floorplans
Map
Home Values in the Area
Average Home Value in this Area
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 | $16,789 | $128,874 | -- | -- |
| 2024 | $14,978 | $122,737 | -- | -- |
| 2023 | $14,978 | $193,630 | $38,720 | $154,910 |
| 2022 | $14,513 | $136,710 | $27,340 | $109,370 |
| 2021 | $14,644 | $132,760 | $26,550 | $106,210 |
| 2020 | $14,407 | $134,410 | $26,880 | $107,530 |
| 2019 | $14,076 | $147,560 | $29,510 | $118,050 |
| 2018 | $13,716 | $133,920 | $26,780 | $107,140 |
| 2017 | $13,042 | $123,710 | $24,740 | $98,970 |
| 2016 | $12,571 | $123,210 | $24,640 | $98,570 |
| 2015 | $11,633 | $86,470 | $17,290 | $69,180 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/30/2026 01/30/26 | Price Changed | $5,099,000 | -3.8% | $848 / Sq Ft | |
| 01/03/2026 01/03/26 | For Sale | $5,300,000 | 0.0% | $882 / Sq Ft | |
| 01/02/2026 01/02/26 | Off Market | $5,300,000 | -- | -- | |
| 11/20/2025 11/20/25 | For Sale | $5,300,000 | 0.0% | $882 / Sq Ft | |
| 11/20/2025 11/20/25 | For Rent | $40,000 | 0.0% | -- | |
| 09/06/2024 09/06/24 | Sold | $2,000,000 | -8.9% | $376 / Sq Ft | View Prior Sale |
| 06/28/2024 06/28/24 | Price Changed | $2,195,000 | -12.0% | $413 / Sq Ft | |
| 05/23/2024 05/23/24 | Price Changed | $2,495,000 | -3.9% | $469 / Sq Ft | |
| 05/07/2024 05/07/24 | Price Changed | $2,595,000 | -3.7% | $488 / Sq Ft | |
| 04/20/2024 04/20/24 | Price Changed | $2,695,000 | -3.6% | $507 / Sq Ft | |
| 03/16/2024 03/16/24 | Price Changed | $2,795,000 | -3.5% | $526 / Sq Ft | |
| 02/23/2024 02/23/24 | For Sale | $2,895,000 | -- | $545 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,000,000 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Grand Canyon Title Agency In | |
| Warranty Deed | $585,000 | Fidelity Title | |
| Trustee Deed | -- | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,000,000 | Credit Line Revolving | |
| Previous Owner | $600,000 | No Value Available |
About the Listing Agent
Real Estate Matchmaker | Marketing Expert | Negotiation Specialist | Proud CØMPASS Broker
My team and I are committed to working with amazing people like you to elevate the experience of buying, selling, and investing in residential real estate. We are more than just your trusted real estate advisors - we are a team of experts that lead with professionalism, integrity, and communication. Leveraging market data, you are kept informed through the buying and selling process with regular
Jennifer's Other Listings
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6938302
APN: 164-11-082A
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Ask me questions while you tour the home.