NOT LISTED FOR SALE

Estimated Value: $2,646,000 - $2,937,000

4 Beds
3 Baths
3,887 Sq Ft
$724/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $2,370,000 $610 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $16,039/month

24 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Mountain View
  • Phoenix Coding Academy Rated A
  • 0.5 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of January 2022

Exceptional, one of a kind, custom home situated on 21,983 sf lot and located in the heart of Arcadia Lite. Craftsmanship and quality are on full display coupled with comfortable, yet luxurious upgrades. This showpiece features 4 bedrooms, 3 bathrooms, thoughtfully designed kitchen with solid wood cabinets, stone farmhouse sink, over-sized island, honed quartzite counters, top tier appliances, designer fixtures, circular entertaining area/bar to watch favorite sports, office, family/office/flex room, cooled 5-car garage with 220v for Tesla or ?, resort-like backyard, large trees, impressive gazebo with full kitchen, BBQ, bathroom, TV, speaker system, sparkling pool, waterfall, woodshop with rolling garage door, Anderson windows installed 2021, and so much more!

Last Agent to Sell the Property

Bonnie Ellery

HomeSmart Brokerage Phone: 480-206-1033 License #SA537454000 Listed on: 10/14/2021

HomeSmart

Last Buyer's Agent

Thomas Karmo

HomeSmart License #SA678983000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,979

Year Built

  • Built in 1958

Lot Details

  • 0.5 Acre Lot
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 5 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Tandem Parking
  • Garage Door Opener
  • RV Gated

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Cellulose Insulation
  • Composition Roof
  • Foam Roof
  • Block Exterior
  • Synthetic Stucco Exterior

Interior Spaces

  • 3,887 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Accessible Home Design

  • Doors with lever handles
  • No Interior Steps
  • Multiple Entries or Exits

Pool

  • Private Pool
  • Pool Pump
  • Diving Board

Outdoor Features

  • Covered patio or porch
  • Fire Pit
  • Gazebo
  • Outdoor Storage
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Ducts Professionally Air-Sealed
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Kachina Ranch Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 170-25-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,979

Year Built

Built in 1958

Lot Details

0

Parking

5

Listing Details

  • Cross Street: 40th Street and Campbell
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Cooling HVAC SEER Rating: 13
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2018
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2016
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2018
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2001
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2011
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2001
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2001
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1958
  • Tax Year: 2021
  • Directions: South on 40th, Right (West) on Montecito Ave, Home is on the Left.
  • Attribution Contact: 480-206-1033
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.5
  • Subdivision Name: KACHINA RANCH
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Mltpl Entries/Exits, Lever Handles
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Two Way Fireplace, Fire Pit, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Drink Wtr Filter Sys, No Interior Steps, Soft Water Loop, Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 3887.0
  • Stories: 1
  • Window Features: Skylight(s), Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:_two_20 Volts in Kitchen: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Separate Workshop: Yes
  • Fireplace:Two Way Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Gazebo/Ramada, Misting System, Patio, Private Yard, Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Diving Pool, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: EIFS Synthetic Stcco, Blown Cellulose, Brick Veneer, Painted, Block, Frame - Wood, Ducts Professionally Air-Sealed
  • Roof: Composition, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: 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
  • Exterior Features:Storage: Yes
  • Exterior Features:GazeboRamada: Yes
  • Construction:Ducts Professionally Air-Sealed: Yes
  • Construction:Blown Cellulose: Yes
  • Exterior Features:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, RV Gate, Temp Controlled, Tandem
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Open Parking Spaces: 6.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • 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: 21963.0
  • Parcel #: 170-25-056
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 12979.0
  • Tax Book Number: 170.00
  • Tax Lot: 24
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
3923 E Montecito Llc
Bought by
Karmo Thomas
Total Days on Market
24
Current Estimated Value
$2,812,679

Purchase Details

Listed on
Oct 14, 2021
Closed on
Jan 14, 2022
Sold by
Thomas Karmo
Bought by
3923 E Montecito Llc
Seller's Agent
Bonnie Ellery
HomeSmart
Buyer's Agent
Thomas Karmo
HomeSmart
List Price
$2,370,000
Sold Price
$2,370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$1,896,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2021
Closed on
Jan 10, 2022
Sold by
Abbott Family Revocable Living Trust
Bought by
Karmo Thomas
Seller's Agent
Bonnie Ellery
HomeSmart
Buyer's Agent
Thomas Karmo
HomeSmart
List Price
$2,370,000
Sold Price
$2,370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,896,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2019
Sold by
Abbott David R and Abbott Janet R
Bought by
Abbott David R and Abbott Janet R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 23, 2010
Sold by
Abbott David R and Abbott Janet R
Bought by
Abbott David R and Abbott Janet R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2003
Sold by
Abbott David R and Abbott Janet R
Bought by
Abbott David R and Abbott Janet R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.79%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 28, 2002
Sold by
Abbott David R and Abbott Janet R
Bought by
The Abbott Family Trust

Purchase Details

Closed on
Mar 20, 2001
Sold by
Lyon James D
Bought by
Abbott David Rusty and Abbott Janet Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 1998
Sold by
Lyon Robin
Bought by
Lyon James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,300
Interest Rate
5.62%

Purchase Details

Closed on
Feb 26, 1997
Sold by
Metelits Mary Ann
Bought by
Lyon James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.63%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Karmo Thomas -- None Listed On Document
3923 E Montecito Llc -- Jeana R Morrissey Pllc
Karmo Thomas $237,000 New Title Company Name
Abbott David R -- Amrock Inc
Abbott David R -- Accommodation
Abbott David R -- Accommodation
Abbott David R -- Capital Title Agency Inc
Abbott David R -- Capital Title Agency Inc
The Abbott Family Trust -- --
Abbott David Rusty $309,000 Ati Title Agency
Lyon James D -- Capital Title Agency
Lyon James D $165,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karmo Thomas $1,896,000
Previous Owner Abbott David R $580,000
Previous Owner Abbott David R $493,450
Previous Owner Abbott David R $250,000
Previous Owner Abbott Janet R $350,000
Previous Owner Abbott David R $160,000
Previous Owner Abbott David R $300,000
Previous Owner Abbott David Rusty $247,200
Previous Owner Lyon James D $149,300
Previous Owner Lyon James D $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $2,370,000 0.0% $610 / Sq Ft
11/06/2021 11/06/21 For Sale $2,370,000 0.0% $610 / Sq Ft
11/06/2021 11/06/21 Price Changed $2,370,000 0.0% $610 / Sq Ft
11/05/2021 11/05/21 Off Market $2,370,000 -- --
11/05/2021 11/05/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $2,495,000 -- $642 / 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 $13,359 $107,368 -- --
2024 $13,197 $102,256 -- --
2023 $13,197 $160,270 $32,050 $128,220
2022 $12,656 $123,960 $24,790 $99,170
2021 $12,979 $111,410 $22,280 $89,130
2020 $12,648 $101,160 $20,230 $80,930
2019 $12,555 $89,060 $17,810 $71,250
2018 $12,285 $95,360 $19,070 $76,290
2017 $11,787 $95,620 $19,120 $76,500
2016 $10,401 $79,110 $15,820 $63,290
2015 $9,635 $79,310 $15,860 $63,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6306836

Arizona Regional Multiple Listing Service (ARMLS)

APN: 170-25-056