NOT LISTED FOR SALE

3623 E Marlette Ave Paradise Valley, AZ 85253

Estimated Value: $5,575,781 - $6,362,000

6 Beds
6 Baths
7,500 Sq Ft
$784/Sq Ft Est. Value

Sale Details

Date Sold: May 20, 2013

Last sale price $2,400,000 $320 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $33,323 / mo

118 Days on Market

Highlights

  • Guest House
  • Heated Pool
  • Two Primary Bathrooms
  • Phoenix Coding Academy Rated A
  • City Lights View
  • Fireplace in Primary Bedroom

About This Home

As of May 2013

There's understated elegance in this extraordinary Spanish Colonial residence, built with Old World craftsmanship. Featured in this 7,500 sqft classic home are rare antique pieces, and an estate on over 1 acre, amid the splendor of city lights, peaceful gardens on a quiet cul-de-sac. The grand entrance enters a room with over 20' high beamed ceilings, built by Nance Construction, one of the area's most respected builders of famous homes and featured on TV and in national and local magazines. MUST SEE-the separate storybook casita. It will be the hit of your tour, with 2 BR, great room, kitchen and a private location. Be sure to watch the video tour! Smaller and older residence next door sold for $2.5 million. Buyer to verify sq.ft.

Last Agent to Sell the Property

Preston Westmoreland

Russ Lyon Sotheby's International Realty License #SA036596000 Listed on: 10/16/2012

Russ Lyon Sotheby's International Realty

Co-Listed By

Nancy Westmoreland

Russ Lyon Sotheby's International Realty License #SA034202000

Last Buyer's Agent

Preston Westmoreland

Russ Lyon Sotheby's International Realty License #SA036596000 Listed on: 10/16/2012

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,652

Year Built

  • Built in 1995

Lot Details

  • 1.03 Acre Lot
  • Desert faces the front of the property
  • Cul-De-Sac
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 3 Car Direct Access Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway

Property Views

  • City Lights
  • Mountain

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof

Interior Spaces

  • 7,500 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 6 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Pool
  • Fence Around Pool
  • Diving Board
  • Heated Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue
  • Playground

Schools

  • Creighton Elementary School

Utilities

  • Evaporated cooling system
  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Guest House

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 164-04-116

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Nance Construction
  • Medicine Man Ridge Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,652

Year Built

Built in 1995

Lot Details

1.03 Acres

Parking

3

Listing Details

  • Cross Street: Lincoln Dr & Palo Cristi
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2010
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2012
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.03
  • Co List Office Mls Id: lyon05
  • Co List Office Phone: 480-488-2400
  • Subdivision Name: Medicine Man Ridge
  • Architectural Style: Other, Spanish
  • Efficiency: Multi-Pane Wndws
  • General Property Description:PriceSqFt: 320.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Total Bedrooms: 6
  • Fireplace Features: Fire Pit, Family Room, Living Room, Master Bedroom
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 7500.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Balcony, Private Yard, Built-in Barbecue
  • Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Front, Cul-De-Sac
  • Pool Features: Diving Pool, Fenced, Heated
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: 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), Evaporative Cooling
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • 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: Creighton Elementary School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 44671.0
  • Parcel #: 164-04-116

Building Info

  • Builder Name: Nance Construction

Tax Info

  • Tax Annual Amount: 17652.0
  • Tax Book Number: 164.00
  • Tax Lot: 5
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2012
Closed on
May 17, 2013
Sold by
Willis Byron Hugh and Willis Lauren Gleeson
Bought by
Willis Byron H and Willis Lauren G
Seller's Agent
Preston Westmoreland
Russ Lyon Sotheby's International Realty
Buyer's Agent
Preston Westmoreland
Russ Lyon Sotheby's International Realty
List Price
$2,590,000
Sold Price
$2,400,000
Premium/Discount to List
-$190,000
-7.34%
Current Estimated Value
$5,879,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,479,594
Avg. Annual Appreciation
7.16%
Original Mortgage
$1,680,000
Outstanding Balance
$1,179,288
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$4,700,306

Purchase Details

Closed on
Apr 7, 2000
Sold by
Updegraff Bryan R and Updegraff Iris M
Bought by
Updegraff Bryan R and Updegraff Iris M

Purchase Details

Closed on
Jun 2, 1993
Sold by
Nance Construction Inc
Bought by
Updegraff Bryan R and Updegraff Iris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
8.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Willis Byron H -- Accommodation
Willis Byron Hugh $2,400,000 Greystone Title Agency Llc
Updegraff Bryan R -- --
Updegraff Bryan R $260,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Byron Hugh $1,680,000
Previous Owner Updegraff Bryan R $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2013 05/20/13 Sold $2,400,000 -7.3% $320 / Sq Ft
05/16/2013 05/16/13 For Sale $2,590,000 0.0% $345 / Sq Ft
05/16/2013 05/16/13 Price Changed $2,590,000 0.0% $345 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
12/05/2012 12/05/12 Price Changed $2,590,000 -12.9% $345 / Sq Ft
10/16/2012 10/16/12 For Sale $2,975,000 -- $397 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $25,814 $239,690 -- --
2024 $25,638 $228,276 -- --
2023 $25,638 $278,220 $55,640 $222,580
2022 $24,617 $222,750 $44,550 $178,200
2021 $25,534 $201,800 $40,360 $161,440
2020 $24,976 $210,300 $42,060 $168,240
2019 $24,958 $178,860 $35,770 $143,090
2018 $25,160 $174,700 $34,940 $139,760
2017 $26,026 $178,880 $35,770 $143,110
2016 $25,885 $182,210 $36,440 $145,770
2015 $24,542 $182,210 $36,440 $145,770
Source: Public Records

Agents Affiliated with this Home

  • Preston Westmoreland

    Seller's Agent in 2013

    Preston Westmoreland

    Russ Lyon Sotheby's International Realty

    (602) 377-0060

    13 Total Sales

    Preston Westmoreland
    Section Image

  • N

    Seller Co-Listing Agent in 2013

    Nancy Westmoreland

    Russ Lyon Sotheby's International Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4835545

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-04-116

Arizona Maricopa County Paradise Valley 85253

3623 E Marlette Ave, Paradise Valley, AZ

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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