NOT LISTED FOR SALE

Estimated Value: $6,759,000 - $9,139,000

6 Beds
8 Baths
8,621 Sq Ft
$962/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $7,995,000 $927 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $47,674/month

494 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • 1.05 Acre Lot
  • Phoenix Coding Academy Rated A
  • RV Garage
  • Two Primary Bathrooms

About This Home

As of April 2023

This stunning, contemporary Paradise Valley estate is everything you're looking for in modern design, backed by unparalleled craftsmanship. It's a centrally-located urban masterpiece that boasts exterior accents of split-faced silver travertine stone, and tongue & groove wood eaves surrounded by soaring palm trees with spectacular mountain and city light views. The main home has a thoughtfully-designed split floorplan, allowing for privacy from the guest suites. Home features European White Oak wide plank wood flooring throughout, 5 spacious suites, 2 powder bathrooms, a large chef's kitchen with solid shaker-style cabinets (including soft-close full extension drawers and soft-close doors), (See supplement) Sub Zero, Wolf and Cove appliances, 7-foot galley kitchen sink, large main pantry and butler's pantry with full kitchen.
Kitchen amenities include a large island draped in Belvedere quartzite with built-in tv lift. And the pass-through window from the main kitchen to the full outdoor kitchen makes entertaining any size group seamless.
Your open concept great room features a cozy linear fireplace, cooled double-faced glass wine wall and full bar. The formal dining room opens to a paved courtyard with water feature and outdoor fireplace. Then, retreat into your luxurious master suite featuring a linear fireplace, beverage station and large Western slider providing walk-out access to the backyard where a private master spa awaits. The spa-inspired master bathroom includes spacious his-and-hers closets, his-and-hers toilet rooms, stacked laundry, luxurious shower, and separate, freestanding pedestal tub.
Secondary ensuites feature a separate living area/game room across from the theater room. Guests will enjoy the detached guest house built with the same quality as the main home including 1 bedroom, 1 bathroom, full kitchen, great room area and laundry room.
The home's circular driveway provides access to an attached 4-car garage with built-in cabinetry, water filtration system, Rinnai tankless hot water system, epoxy flooring and attached RV/boat garage with a 12-foot garage door and 38 Ft deep.
This home brings the resort to you: The luxury backyard features a huge, covered tongue & groove patio with full outdoor kitchen, commercial mister system, gas Bromic platinum smart heaters, sparkling negative edge pebble tech pool, large format travertine pool decking, Baja shelf, swim up bar, sunken area and fire features. In this one-of-a-kind luxury estate, immaculate construction meets the ultimate in style and design.

Last Agent to Sell the Property

Chris Castillo

CPA Advantage Realty, LLC License #BR529371000 Listed on: 11/12/2021

Last Buyer's Agent

Elizabeth Williams

Russ Lyon Sotheby's International Realty License #SA673096000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,234

Year Built

  • Built in 2021

Lot Details

  • 1.05 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 6 Car Direct Access Garage
  • 1 Open Parking Space
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Circular Driveway
  • RV Garage

Home Design

  • Designed by John Anthony Architects
  • Contemporary Architecture
  • Wood Frame Construction
  • Spray Foam Insulation
  • Foam Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 8,621 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Tinted Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views
  • Smart Home

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 8 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Low Flow Plumbing Fixtures
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall
  • Solar Tube

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights
  • ENERGY STAR Qualified Equipment for Heating

Pool

  • Heated Spa
  • Play Pool
  • Pool Pump

Outdoor Features

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

Schools

  • Biltmore Preparatory Academy Elementary And Middle School
  • Camelback High School

Utilities

  • Ducts Professionally Air-Sealed
  • Central Air
  • Heating unit installed on the ceiling
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Guest House

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Hoffman Luxury Homes
  • Mirada Los Arcos Subdivision, Custom Floorplan

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 164-05-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,234

Year Built

Built in 2021

Lot Details

0

Parking

6

Listing Details

  • Cross Street: Lincoln and 36th St. (Palo Cristi)
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: John Anthony
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2021
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: South to Marlette. West on Marlette. Stay on Marlette and turn right on 34th st. to entrance.
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.05
  • Subdivision Name: MIRADA LOS ARCOS
  • Architectural Style: Other, Contemporary
  • New Construction: No
  • Efficiency: Solar Tubes, ENERGY STAR Light Fixture
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 7
  • Total Bedrooms: 6
  • Fireplace Features: Fire Pit, Other, 3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Other, See Remarks, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 8621.0
  • Stories: 1
  • Window Features: Skylight(s), Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Tinted Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Other, Misting System, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Variable Speed Pump, Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Other (See Remarks), Seller Discl Avail
  • Construction Type: Spray Foam Insulation, Synthetic Stucco, Stucco, Wood Frame, Painted, Stone, Ducts Professionally Air-Sealed
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Complete Spec Home
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Complete Spec Home: Yes
  • Exterior Features:Separate Guest House: Yes
  • Construction:Ducts Professionally Air-Sealed: Yes
  • Exterior Features:Misting System: Yes
  • Construction:Spray Foam Insulatn: Yes
  • Exterior Features:Other6: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Over Height Garage, Separate Strge Area, RV Garage
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Open Parking Spaces: 1.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:RV Garage: Yes
  • Parking Features:Other7: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Other, Programmable Thmstat, See Remarks
  • Heating: ENERGY STAR Qualified Equipment, Natural Gas, Ceiling
  • Laundry Features: Other, See Remarks, Engy Star (See Rmks)
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Ceiling: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • 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: Biltmore Preparatory Academy
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Biltmore Preparatory Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 45942.0
  • Parcel #: 164-05-025

Green Features

  • Green Water Conservation: Low-Flow Fixtures, Tankless Ht Wtr Heat, Recirculation Pump

Building Info

  • Builder Name: Hoffman Luxury Homes

Tax Info

  • Tax Annual Amount: 19234.0
  • Tax Book Number: 164.00
  • Tax Lot: 20
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Apr 19, 2023
Sold by
Halvas Ronald and Halvas Carol
Bought by
Erik Olsson Living Trust
Seller's Agent
Chris Castillo
CPA Advantage Realty, LLC
Buyer's Agent
Elizabeth Williams
Russ Lyon Sotheby's International Realty
List Price
$8,800,000
Sold Price
$7,995,000
Premium/Discount to List
-$805,000
-9.15%
Views
304
Current Estimated Value
$8,402,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,772
Avg. Annual Appreciation
1.57%

Purchase Details

Listed on
Oct 3, 2017
Closed on
Dec 18, 2017
Sold by
Marlette Home Llc
Bought by
Halvas Ronald and Halvas Carol
Seller's Agent
Wendy Heller
eXp Realty
Buyer's Agent
Chris Castillo
CPA Advantage Realty, LLC
List Price
$1,299,000
Sold Price
$987,500
Premium/Discount to List
-$311,500
-23.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.27%

Purchase Details

Listed on
Oct 3, 2017
Closed on
Nov 20, 2017
Sold by
Levin H Debra
Bought by
Marlette Home Llc
Seller's Agent
Wendy Heller
eXp Realty
Buyer's Agent
Chris Castillo
CPA Advantage Realty, LLC
List Price
$1,299,000
Sold Price
$987,500
Premium/Discount to List
-$311,500
-23.98%

Purchase Details

Closed on
Dec 2, 2004
Sold by
Heller Joan Pereles
Bought by
Heller Joan Pereles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2004
Sold by
Heller Joan Pereles and Heller William J
Bought by
Heller Joan Pereles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2004
Sold by
Heller Joan Pereles
Bought by
Heller Joan Pereles and Heller William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 1999
Sold by
Heller Joan Pereles and Heller William C
Bought by
Heller Joan Pereles and Heller William C

Purchase Details

Closed on
Feb 22, 1995
Sold by
Heller Joan P
Bought by
Heller Joan Pereles and Heller Wm C
Source: Public Records

Range of Values:

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Average Value
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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
Erik Olsson Living Trust $7,999,500 Arizona Premier Title
Halvas Ronald $987,500 Lawyers Title Of Arizona Inc
Marlette Home Llc -- None Available
Heller Joan Pereles -- --
Heller Joan Pereles -- --
Heller Joan Pereles -- Capital Title Agency Inc
Heller Joan Pereles -- Capital Title Agency Inc
Heller Joan Pereles -- --
Heller Joan Pereles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halvas Ronald $2,500,000
Previous Owner Halvas Ronald $1,000,000
Previous Owner Halvas Ronald Louis $2,000,000
Previous Owner Heller Joan Pereles $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $7,995,000 -0.1% $927 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
12/08/2022 12/08/22 Price Changed $7,999,500 -4.2% $928 / Sq Ft
11/17/2022 11/17/22 Price Changed $8,350,000 -2.3% $969 / Sq Ft
06/01/2022 06/01/22 Price Changed $8,550,000 -2.8% $992 / Sq Ft
11/08/2021 11/08/21 For Sale $8,800,000 +791.1% $1,021 / Sq Ft
12/29/2017 12/29/17 Sold $987,500 -14.1% $156 / Sq Ft
12/07/2017 12/07/17 Price Changed $1,150,000 -8.0% $182 / Sq Ft
11/29/2017 11/29/17 Price Changed $1,250,000 -3.8% $198 / Sq Ft
10/03/2017 10/03/17 For Sale $1,299,000 -- $206 / 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 $26,931 $249,824 -- --
2024 $26,747 $237,927 -- --
2023 $26,747 $445,850 $89,170 $356,680
2022 $26,283 $322,100 $64,420 $257,680
2021 $19,654 $154,470 $30,890 $123,580
2020 $19,234 $148,370 $29,670 $118,700
2019 $19,221 $134,510 $26,900 $107,610
2018 $19,303 $130,910 $26,180 $104,730
2017 $17,996 $125,380 $25,070 $100,310
2016 $17,288 $122,210 $24,440 $97,770
2015 $16,381 $122,210 $24,440 $97,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6318458

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-05-025