NOT LISTED FOR SALE

Estimated Value: $3,002,242 - $3,592,000

3 Beds
3.5 Baths
4,542 Sq Ft
$751/Sq Ft Est. Value

Last Sold December 26, 2014

Last sale price $1,481,000 $326 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $18,525/month

295 Days on Market

Highlights

  • Private Pool
  • City Lights View
  • Contemporary Architecture
  • Phoenix Coding Academy Rated A
  • 0.97 Acre Lot
  • Vaulted Ceiling

About This Home

As of December 2014

Live in the shade of mature landscaping all summer. Relax under giant, honey mesquite trees. Enjoy long shadows across the pool in the afternoon. Stay cool on summer days under misters surrounding an expansive, covered outdoor living area. Misters cool the back patio, pool area & private, master deck, while a solar-reflective roof & low-e glass T/O the home keeps those cooling bills in check. Cross a bridge over the seasonally-running wash toward the front door and enter adjacent to the bamboo garden & the calming sounds of a tropical water feature. Views to the outside from every vantage point and a north-south orientation that is ideal for desert living. Unique, PV-Hillside lot; soft-contemporary with great energy & genuine character. Priced to sell! More Info? See Supplement Remarks A unique, Paradise Valley Hillside lot; soft-contemporary with great energy and genuine character, offers absolute privacy, complete solitude, all surrounded by and connected to a natural environment. This three-level, two-story with 3 bedrooms and 3.5 baths, is "Move-in Ready", with extensive updates and remodels: the entire roof, 4 of 5 HVAC systems (condensers and air handlers); entire upstairs; entire downstairs; the roof-top deck, BBQ, pool decking and more. The home has been owned by an Architect and modified inside and out over the past 10 years, and the original design was by one of the draftsman for Frank Lloyd Wright.Kitchen opens to backyard and pool with expansive, granite counters; rich, cherry-stained cabinetry; sub-zero wine and beverage storage. A separate project room/studio/office adjacent to kitchen allows views to the backyard. Large flat-screen TVs and studio-quality audio will entertain and relax. One-of-a-kind roof deck offers jaw-dropping, sunset views of Camelback Mountain.The ideal in-town location near shopping, restaurants and schools. Near PCDS (.5-mi.), dining at North (1-mi.) and Postino's (1.5-mi.); canal access (1-mi.), and around the corner from AJ's and The Biltmore.The property can accommodate an expansion to the east or a sizable, detached addition (4-6 car garage, guest house and giant sport court). North of the property is a large natural desert area that will remain unbuilt. PRICED TO SELL!!!

Last Agent to Sell the Property

Mike Tart

Precision Real Estate License #SA636558000 Listed on: 01/23/2014

Last Buyer's Agent

Christopher Fling

Keller Williams Realty Biltmore Partners License #BR566406000

Keller Williams Realty Biltmore Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,383

Year Built

  • Built in 1977

Lot Details

  • 0.97 Acre Lot
  • Desert faces the front of the property
  • Private Streets
  • Wood Fence
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Circular Driveway

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Reflective Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,542 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Wood Frame Window
  • Solar Screens
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone
  • Sustainable

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Bathtub With Separate Shower Stall
  • Solar Tube

Home Security

  • Security System Owned
  • Smart Home

Accessible Home Design

  • Insulated Bathroom Pipes
  • Accessible Hallway
  • Doors with lever handles
  • Multiple Entries or Exits
  • Hard or Low Nap Flooring

Pool

  • Private Pool
  • Fence Around Pool
  • Pool Pump

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Creighton Elementary School
  • Creighton Elementary High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Propane
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Arroyo Heights Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 170-01-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,383

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 40TH ST/BETHANY HOME RD
  • 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
  • Cooling HVAC SEER Rating: 13
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2014
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2006
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2001
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2001
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2009
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1977
  • Tax Year: 2013
  • Directions: FROM CAMELBACK ROAD, NORTH ON 40TH ST (APPROXIMATELY 1-MILE), WEST ON BETHANY HOME RD, ON NORTH SIDE, SECOND HOME. ENTER PRIVATE GRAVEL CIRCLE DRIVE. PARK AT WALKING BRIDGE LEADING TO MAIN ENTRANCE.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.97
  • Subdivision Name: ARROYO HEIGHTS
  • Architectural Style: Contemporary
  • Efficiency: Solar Tubes, Multi-Zones
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Technology:Smart Home System: Yes
  • Utilities Butane Propane: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood, Sustainable
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Mltpl Entries/Exits, Lever Handles, Hard/Low Nap Floors, Exterior Curb Cuts, Bath Insulated Pipes, Accessible Hallway(s)
  • Possible Bedrooms: 6
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Furnished(See Rmrks), Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 4542.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane, Low-E, Tinted Windows, Wood Frames
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Balcony, Circular Drive, Covered Patio(s), Misting System, Patio, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Fenced, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Reflective Coating, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Misting System: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Utilities: Propane
  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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
  • High School: Creighton Elementary School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 42346.0
  • Parcel #: 170-01-007
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Tax Info

  • Tax Annual Amount: 9383.0
  • Tax Book Number: 170.00
  • Tax Lot: 6
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2018
Sold by
Chatham Elizabeth and Panzarella Giano
Bought by
Panzarella Giano and Chatham Elizabeth
Current Estimated Value
$3,160,220

Purchase Details

Closed on
Feb 14, 2017
Sold by
Panzarella Elizabeth and Panzarella Giano
Bought by
Panzarella Giano and Chatham Elizabeth

Purchase Details

Listed on
Jan 23, 2014
Closed on
Dec 23, 2014
Sold by
Werner E Louis and The E Louis Werner Iii Living
Bought by
Chatham Elizabeth and Panzarella Giano
Seller's Agent
Mike Tart
Precision Real Estate
Buyer's Agent
Christopher Fling
Keller Williams Realty Biltmore Partners
List Price
$1,950,000
Sold Price
$1,481,000
Premium/Discount to List
-$469,000
-24.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$962,650
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2005
Sold by
Werner E Louis
Bought by
Werner E Louis and E Louis Werner Iii Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2004
Sold by
Channin George H
Bought by
Werner Ii E Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 7, 1994
Sold by
Best Earl M and Best Charlyne B
Bought by
Channin George H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,750
Interest Rate
8.61%
Mortgage Type
New Conventional
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
Panzarella Giano -- None Available
Panzarella Giano -- None Available
Chatham Elizabeth -- Old Republic Title Agency
Chatham Elizabeth $1,481,000 Old Republic Title Agency
Werner E Louis -- Transnation Title
Werner E Louis -- Transnation Title
Werner E Louis -- Transnation Title
Werner Ii E Louis $1,500,000 Ticor Title Agency Of Az Inc
Channin George H $329,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panzarella Giano $466,000
Previous Owner Chatham Elizabeth $831,614
Previous Owner Chatham Elizabeth $962,650
Previous Owner Werner E Louis $173,612
Previous Owner Werner E Louis $285,000
Previous Owner E Louis Werner Iii Living Trust $1,500,000
Previous Owner Channin George H $500,000
Previous Owner Channin George H $246,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2014 12/26/14 Sold $1,481,000 -11.3% $326 / Sq Ft
12/26/2014 12/26/14 Price Changed $1,670,000 0.0% $368 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
08/15/2014 08/15/14 Price Changed $1,670,000 -1.5% $368 / Sq Ft
07/04/2014 07/04/14 Price Changed $1,695,000 -1.7% $373 / Sq Ft
05/08/2014 05/08/14 Price Changed $1,725,000 -8.0% $380 / Sq Ft
02/20/2014 02/20/14 Price Changed $1,875,000 -3.8% $413 / Sq Ft
01/23/2014 01/23/14 For Sale $1,950,000 -- $429 / 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 $14,659 $138,459 -- --
2024 $14,556 $131,865 -- --
2023 $14,556 $177,210 $35,440 $141,770
2022 $13,967 $133,820 $26,760 $107,060
2021 $14,497 $125,260 $25,050 $100,210
2020 $14,174 $138,860 $27,770 $111,090
2019 $14,164 $103,320 $20,660 $82,660
2018 $14,392 $101,670 $20,330 $81,340
2017 $13,843 $102,070 $20,410 $81,660
2016 $14,493 $92,410 $18,480 $73,930
2015 $12,589 $88,010 $17,600 $70,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5059825

Arizona Regional Multiple Listing Service (ARMLS)

APN: 170-01-007