Seller's Agent in 2023
David Arustamian
Russ Lyon Sotheby's International Realty
(480) 331-0707
5 in this area
436 Total Sales
38700 N Grapevine Rd Cave Creek, AZ 85331
Estimated Value: $1,947,000 - $2,581,000
4
Beds
2.5
Baths
4,400
Sq Ft
$512/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- Heated Spa
- Two Primary Bathrooms
- Black Mountain Elementary School Rated A-
- 5.1 Acre Lot
- Mountain View
About This Home
As of June 2023Rocca di Fede; a private retreat minutes from the city with beautiful mountain views and boulders on 3 sides. Backs up to Tonto National Forest with plenty of room to build additional structures. This pristine U-shaped Palladian-style villa is on a 5 acre ground that's meticulously manicured; symmetrically borders a private center-courtyard. Incorporates an acre garden with a meandering walking path, fruit tree orchard, Italian cypress grove, mature native flora, 80+ trees landscaped through 15-zone smart irrigation system to support healthy vegetation. Custom arched iron doors open to reveal 15 ft solid wood beamed ceilings, hand carved Alabaster chandeliers plus sconces... Custom travertine tile, Cantera stonework, Tuscan columns, extra wide hand-made walnut doors with hand cast solid bronze hardware & recessed lighting throughout. The chef's gourmet kitchen is -- extra wide hand-made walnut doors with hand cast solid bronze hardware & recessed lighting throughout. The chef's gourmet kitchen is equipped with ample custom wood cabinetry, LED under-cabinet lighting, a pot shelf, crown molding, custom stonework, stainless steel appliances, Viking 6-burner gas range & painted stucco hood. The East primary wing offers a bedroom/office with custom floor to ceiling bookshelves, an executive office adjacent to the secluded owner's retreat featuring multiple arched glass doors with direct center courtyard access, custom Cantera stone fireplace with antique 19th-century hand-carved walnut mantel, Roman mosaic tiled snail shower, freestanding tub, leaded glass, oversized walk-in closet & quaint personal bathroom patio. Step into the West wing to find 2 Junior suites linked by a Jack & Jill ensuite, a spacious laundry room with extra bright architectural recessed LED lighting, farmhouse utility sink, custom built-in cabinetry & direct access to the epoxied 3-car garage with extra wide custom steel powder coated doors. Enjoy effortless indoor / outdoor living with Wifi automated smart-home automation, a multi-zone paver courtyard with 20 tuscan columns supporting trellis work, tiled jacuzzi, Corinthian columned Cantera stone gazebo, ambient water features plus fire bowls & captivating panoramic mountain views. We welcome your interest.
Last Agent to Sell the Property
Russ Lyon Sotheby's International Realty License #BR662152000 Listed on: 02/23/2023
Last Buyer's Agent
Joe Edwards
AMS License #BR648630000
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,887
Year Built
- Built in 2002
Lot Details
- 5.1 Acre Lot
- Desert faces the front and back of the property
- Block Wall Fence
- Corner Lot
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
Parking
- 3 Car Garage
- 2 Open Parking Spaces
- Garage Door Opener
- Circular Driveway
Home Design
- Designed by Custom Architects
- Wood Frame Construction
- Concrete Roof
- Stucco
Interior Spaces
- 4,400 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Skylights
- Gas Fireplace
- Double Pane Windows
- Low Emissivity Windows
- Tinted Windows
- Wood Frame Window
- Living Room with Fireplace
- 2 Fireplaces
- Mountain Views
Kitchen
- Eat-In Kitchen
- Built-In Microwave
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Two Primary Bathrooms
- Primary Bathroom is a Full Bathroom
- 2.5 Bathrooms
- Bathtub With Separate Shower Stall
Home Security
- Security System Owned
- Smart Home
Accessible Home Design
- Roll-in Shower
- Accessible Hallway
- No Interior Steps
- Hard or Low Nap Flooring
Outdoor Features
- Heated Spa
- Covered Patio or Porch
- Built-In Barbecue
Schools
- Black Mountain Elementary School
- Sonoran Trails Middle School
- Cactus Shadows High School
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Water Purifier
- High Speed Internet
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by Custom
- Cave Creek Subdivision
Listing and Financial Details
- Assessor Parcel Number 216-10-001-V
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2023
Closed on
Jun 14, 2023
Sold by
Oconnor Robert W and Oconnor Carol A
Bought by
Giacone Anthony and Giacone Evelyn
Seller's Agent
David Arustamian
Russ Lyon Sotheby's International Realty
Buyer's Agent
Joe Edwards
AMS
List Price
$2,750,000
Sold Price
$2,200,000
Premium/Discount to List
-$550,000
-20%
Views
285
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,755
Avg. Annual Appreciation
1.02%
Purchase Details
Listed on
Feb 23, 2023
Closed on
Jun 12, 2023
Sold by
Oconnor Robert W and Maczka Carol A
Bought by
Giacone Anthony and Giacone Evelyn
Seller's Agent
David Arustamian
Russ Lyon Sotheby's International Realty
Buyer's Agent
Joe Edwards
AMS
List Price
$2,750,000
Sold Price
$2,200,000
Premium/Discount to List
-$550,000
-20%
Views
285
Purchase Details
Closed on
Aug 25, 1998
Sold by
Cave Creek Six Llc
Bought by
Oconnor Robert W and Maczka Carol A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,800
Interest Rate
6.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 7, 1996
Sold by
Cave Creek Six Llc
Bought by
Town Of Cave Creek
Purchase Details
Closed on
Nov 1, 1995
Sold by
Cave Creek Six Llc
Bought by
Skrupa Frank and Skrupa Rosemary
Purchase Details
Closed on
Apr 19, 1994
Sold by
Deseret Trust Company
Bought by
Carefree Heights Ltd Partnership
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Giacone Anthony | $2,200,000 | 100 Title Agency Llc | |
| Giacone Anthony | $2,200,000 | 100 Title Agency Llc | |
| Oconnor Robert W | $138,500 | Stewart Title & Trust | |
| Town Of Cave Creek | -- | -- | |
| Skrupa Frank | $220,000 | Security Title Agency | |
| Kershner Vernon D | $120,000 | Security Title Agency | |
| Carefree Heights Ltd Partnership | -- | -- | |
| Carefree Heights Ltd Partnership | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Oconnor Robert W | $110,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/15/2023 06/15/23 | Sold | $2,200,000 | 0.0% | $500 / Sq Ft |
| 05/07/2023 05/07/23 | Pending | -- | -- | -- |
| 05/01/2023 05/01/23 | Price Changed | $2,200,000 | -15.4% | $500 / Sq Ft |
| 04/24/2023 04/24/23 | Price Changed | $2,600,000 | +4.0% | $591 / Sq Ft |
| 04/05/2023 04/05/23 | Price Changed | $2,500,000 | -9.1% | $568 / Sq Ft |
| 02/23/2023 02/23/23 | For Sale | $2,750,000 | -- | $625 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $4,117 | $107,208 | -- | -- |
| 2024 | $3,942 | $102,103 | -- | -- |
| 2023 | $3,942 | $110,220 | $22,040 | $88,180 |
| 2022 | $3,887 | $92,610 | $18,520 | $74,090 |
| 2021 | $4,325 | $93,830 | $18,760 | $75,070 |
| 2020 | $4,328 | $85,170 | $17,030 | $68,140 |
| 2019 | $4,377 | $84,850 | $16,970 | $67,880 |
| 2018 | $4,325 | $83,020 | $16,600 | $66,420 |
| 2017 | $4,223 | $82,350 | $16,470 | $65,880 |
| 2016 | $4,248 | $89,900 | $17,980 | $71,920 |
| 2015 | $3,950 | $79,360 | $15,870 | $63,490 |
Source: Public Records
Agents Affiliated with this Home
-
David Arustamian
-
Frank Aazami
Seller Co-Listing Agent in 2023
Frank Aazami
Compass
(480) 266-0240
1 in this area
231 Total Sales
-
J
Buyer's Agent in 2023
Joe Edwards
AMS
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6523934
APN: 216-10-001V
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.
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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