NOT LISTED FOR SALE

Estimated Value: $2,999,000 - $3,444,116

5 Beds
6.5 Baths
5,903 Sq Ft
$544/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $1,800,000 $305 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $18,021/month

103 Days on Market

Highlights

  • Barn
  • Arena
  • RV Access or Parking
  • Mercury Mine Elementary School Rated A
  • Private Pool
  • Gated Parking

About This Home

As of January 2020

This is one very special property! The sprawling horse ranch has five bedrooms, seven bathrooms, and every room is primed for big family gatherings and entertaining on every scale. Whether you're gathered in the island kitchen, around the fireplace in the living room, chatting at the restaurant style bar after grabbing a bottle from the wine closet, or outside by the pool, there is no denying that this is a house meant for fun. Every space has interesting elements and unique character, and wood flooring, quality millwork, granite countertops, beautiful stone, and exposed brick fireplaces perfectly accentuate the home's southwestern flair. Sitting on a very rare 2.25 acre horse property with incredible views of the Phoenix Mountain Preserve, (see more) stables, a riding arena, hot walker, tack room and immediate access to trails, this ranch is definitely for people who enjoy life. You can't help but smile as you envision the experiences that come with a property like this. Your guests may overstay their welcome in the lovely guest casita, and the rock garden is pretty cool, as well. If you enjoy design originality, love animals, and appreciate southwest ambience, this property is perfect for you!

Last Agent to Sell the Property

Robert Joffe

Compass License #BR029057000 Listed on: 09/18/2019

Compass

Co-Listed By

Andrew Mehlman

Compass License #SA528288000

Compass

Last Buyer's Agent

Andrew Mehlman

Compass License #SA528288000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,310

Year Built

  • Built in 1981

Lot Details

  • 2.26 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Corner Lot
  • Misting System
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 5 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking
  • RV Access or Parking

Home Design

  • Santa Fe Architecture
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,903 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 3 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

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

Schools

  • Mercury Mine Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Farming

  • Barn
  • Hot Walker

Horse Facilities and Amenities

  • Horse Automatic Waterer
  • Horses Allowed On Property
  • Horse Stalls
  • Corral
  • Tack Room
  • Arena

Utilities

  • Central Air
  • Heating Available
  • Water Purifier
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 165-15-010-A

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Sahuaro Hts Subdivision

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,310

Year Built

Built in 1981

Lot Details

0

Parking

5

Listing Details

  • Cross Street: Shea and 40th street
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2012
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2015
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2017
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2015
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2012
  • Updated Room Addition: Partial
  • Items Updated Rm Adtn Yr Updated: 2012
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2019
  • Directions: From Shea south on 40th street right on Sahuaro home on the left.Turn right before the ''no outlet'' sign
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 2.26
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: SAHUARO HTS
  • Architectural Style: Ranch, Territorial/Santa Fe
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, 3+ Fireplace, Exterior Fireplace, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 5903.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • 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
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Separate Workshop: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: See Remarks, Other, Block, Chain Link, Wrought Iron
  • Exterior Features: Misting System, Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Grass Back
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Misting System: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: RV Access/Parking, Gated, RV Gate, Garage Door Opener, Extended Length Garage, Circular Driveway, Attch'd Gar Cabinets, Separate Strge Area, Detached
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: 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: Mercury Mine Elementary School
  • High School: Shadow Mountain High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Horse Amenities: Other, See Remarks, Arena, Auto Water, Barn, Bridle Path Access, Corral(s), Hot Walker, Stall, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 98494.0
  • Parcel #: 165-15-010-A

Building Info

  • Builder Name: N/A

Tax Info

  • Tax Annual Amount: 16310.0
  • Tax Book Number: 165.00
  • Tax Lot: 10
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2019
Closed on
Jan 14, 2020
Sold by
Bull Edwin C and Bull Susan Walcott
Bought by
Gray Kristopher L and Gray Courtney L Cowan
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Andrew Mehlman
Compass
List Price
$1,995,000
Sold Price
$1,800,000
Premium/Discount to List
-$195,000
-9.77%
Current Estimated Value
$3,208,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,408,529
Avg. Annual Appreciation
10.67%
Original Mortgage
$200,000
Outstanding Balance
$158,932
Interest Rate
3.74%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,049,597

Purchase Details

Closed on
Oct 19, 2018
Sold by
Bull Edwin C and Bull Susan W
Bought by
Susan Bull Edwin C and Susan Wealcott

Purchase Details

Closed on
Oct 4, 2013
Sold by
Bull Edwin C and Bull Susan W
Bought by
Bull Edwin C and Bull Susan W

Purchase Details

Closed on
May 16, 2002
Sold by
Herman Edward P and Herman Diana M
Bought by
Bull Edwin C and Bull Susan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1994
Sold by
Herman Edward P and Herman Diana M
Bought by
Herman Edward P and Herman Diana M
Source: Public Records

Range of Values:

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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
Gray Kristopher L $1,800,000 Landmark Ttl Assurance Agcy
Susan Bull Edwin C -- None Available
Bull Edwin C -- None Available
Bull Edwin C $1,200,000 First American Title
Herman Edward P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bull Edwin C $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $1,800,000 0.0% $305 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
12/19/2019 12/19/19 Off Market $1,800,000 -- --
11/27/2019 11/27/19 For Sale $1,995,000 +10.8% $338 / Sq Ft
11/10/2019 11/10/19 Off Market $1,800,000 -- --
09/18/2019 09/18/19 For Sale $1,995,000 -- $338 / 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 $12,120 $173,707 -- --
2024 $16,329 $165,436 -- --
2023 $16,329 $203,560 $40,710 $162,850
2022 $16,159 $154,530 $30,900 $123,630
2021 $16,208 $152,270 $30,450 $121,820
2020 $15,688 $141,020 $28,200 $112,820
2019 $16,310 $140,960 $28,190 $112,770
2018 $15,175 $155,670 $31,130 $124,540
2017 $14,521 $160,620 $32,120 $128,500
2016 $14,269 $154,110 $30,820 $123,290
2015 $13,169 $136,860 $27,370 $109,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5979812

Arizona Regional Multiple Listing Service (ARMLS)

APN: 165-15-010A