NOT LISTED FOR SALE

Estimated Value: $1,453,000 - $3,016,000

5 Beds
4.5 Baths
4,500 Sq Ft
$555/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $2,750,000 $611 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $14,201/month

86 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Vaulted Ceiling
  • Phoenix Coding Academy Rated A
  • 0.37 Acre Lot
  • Wood Flooring

About This Home

As of January 2024

Introducing an extraordinary masterpiece created by the remarkable collaboration of Coco & Co Design and Barkan Construction. Nestled in the thriving Arcadia neighborhood, this custom new build offers an unrivaled level of walkability. With five bedrooms and 4.5 bathrooms, this home exudes luxury and sophistication.
As you step inside, you'll find an inviting office with a private entry, perfect for those seeking a tranquil workspace. A flexible room awaits, ready to adapt to your unique needs. Indulge in cozy morning rituals or engaging evening chats in the charming breakfast nook. And why not challenge your friends to a game of mahjong in this delightful space? Experience elegance at its finest in the dining room, enhanced by two impressive wine towers, tray ceilings, and stunning wainscoting. The kitchen effortlessly blends traditional style with a modern twist. The fluted walnut wood cabinets against a backdrop of deep white create a captivating visual contrast. Every cabinet in this home has been meticulously designed to ensure unparalleled uniqueness, leaving your guests in awe. Your oversized master bathroom offers a touch of opulence with its expansive walk-in shower and ample storage space in the eye-catching vanity. This custom home has been crafted to be truly one of a kind, destined to grace the pages of magazines. Indulge in relaxation with the sparkling pool, while enjoying remarkable, unobstructed views of the majestic Camelback Mountain. Immerse yourself in the vibrant neighborhood, as renowned establishments such as LGO, Chelsea's Kitchen, North, The Village, and the new Global Ambassador are just a short stroll away, creating a lifestyle of convenience and indulgence. Embrace an extraordinary living experience like no other. This is your chance to own a masterpiece designed to exceed your expectations.

Last Listed By

Elliot Barkan

Compass License #SA624021000 Listed on: 09/21/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,801

Year Built

  • Built in 2023

Lot Details

  • 0.37 Acre Lot
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • Tandem Parking
  • RV Gated

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Metal Roof
  • Siding
  • Stucco

Interior Spaces

  • 4,500 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Solar Screens
  • Family Room with Fireplace
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Private Pool
  • Fire Pit

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Tankless Water Heater
  • Water Softener

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by BARKAN CONSTRUCTION GROUP
  • Kenwood Estates Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 170-17-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,801

Year Built

Built in 2023

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 40TH ST & CAMELBACK
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2023
  • Tax Year: 2022
  • Directions: SOUTH ON 40TH WEST ON ELM HOUSE ON NORTH SIDE
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.37
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: KENWOOD ESTATES
  • Property Attached Yn: No
  • Special Features: NewHome

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Fire Pit, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 4500.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane, Low-E
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Painted, Stucco, Siding, Frame - Wood
  • Roof: Composition, Metal
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Extnded Lngth Garage, RV Gate, Tandem
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • 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 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: 16008.0
  • Parcel #: 170-17-022
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat, Recirculation Pump

Building Info

  • Builder Name: BARKAN CONSTRUCTION GROUP

Tax Info

  • Tax Annual Amount: 3801.0
  • Tax Book Number: 170.00
  • Tax Lot: 1
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Jan 12, 2024
Sold by
Elliot Barkan Development Llc
Bought by
Duane L Layton Revocable Trust and Layton
Seller's Agent
Elliot Barkan
Compass
Buyer's Agent
Bradley Sikes
DeLex Realty
List Price
$3,245,000
Sold Price
$2,750,000
Premium/Discount to List
-$495,000
-15.25%
Total Days on Market
86
Views
94
Current Estimated Value
$2,496,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$253,758
Avg. Annual Appreciation
-6.87%
Original Mortgage
$2,200,000
Outstanding Balance
$2,166,785
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$329,457

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jun 3, 2022
Sold by
Kmk Investments 1 Llc
Bought by
Elliot Barkan Development Llc
Seller's Agent
Katherine Fox
The Brokery
Buyer's Agent
Dallas Peagler
The Brokery
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.19%
Original Mortgage
$900,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2018
Sold by
Labate Properties Llc
Bought by
Labate Pasquale

Purchase Details

Closed on
Aug 15, 2017
Sold by
Labate Pasquale
Bought by
Labate Properties Llc

Purchase Details

Closed on
Jun 8, 2017
Sold by
Labate Francisca
Bought by
Labate Pasquale

Purchase Details

Closed on
Nov 29, 2016
Sold by
Walker Robert Clifford
Bought by
Kmk Investments 1 Llc

Purchase Details

Closed on
Jun 11, 2012
Sold by
Walker Helen Irene and Walker Robert Clifford
Bought by
Walker Robert Clifford

Purchase Details

Closed on
Sep 19, 2001
Sold by
Ahincos Family Business Trust
Bought by
Ahincos Family Business Trust

Purchase Details

Closed on
Jan 20, 2000
Sold by
Jov Properties Llc
Bought by
Ahincos Family Business Trust

Purchase Details

Closed on
Jul 14, 1999
Sold by
Verdugo Javier and Trujillo Marisela
Bought by
Jov Properties Llc

Purchase Details

Closed on
Nov 2, 1996
Sold by
Verdugo Ernesto A and Trujillo Marisela H
Bought by
The Ahincos Family Business Trust

Purchase Details

Closed on
Jul 28, 1995
Sold by
City Of Phoenix
Bought by
Labate Pasquale and Labate Francesca

Range of Values:

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Average Value
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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
Duane L Layton Revocable Trust $2,750,000 Great American Title Agency
Elliot Barkan Development Llc $975,000 Valleywide Title
Labate Pasquale -- None Available
Labate Properties Llc -- None Available
Labate Pasquale -- None Available
Kmk Investments 1 Llc $455,000 Grand Canyon Title Agency
Walker Robert Clifford -- None Available
Ahincos Family Business Trust -- --
Ahincos Family Business Trust -- Grand Canyon Title Agency In
Jov Properties Llc -- --
The Ahincos Family Business Trust -- --
Labate Pasquale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duane L Layton Revocable Trust $2,200,000
Previous Owner Elliot Barkan Development Llc $1,557,500
Previous Owner Elliot Barkan Development Llc $900,000
Previous Owner Walker Robert Clifford $50,000
Previous Owner Walker Robert Clifford $180,000
Previous Owner Walker Robert Clifford $80,000
Previous Owner Walker Robert C $81,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $2,750,000 -1.6% $611 / Sq Ft
12/17/2023 12/17/23 Pending -- -- --
12/13/2023 12/13/23 Price Changed $2,795,000 -1.9% $621 / Sq Ft
11/16/2023 11/16/23 Price Changed $2,849,500 -1.6% $633 / Sq Ft
11/02/2023 11/02/23 Price Changed $2,895,000 -3.5% $643 / Sq Ft
10/11/2023 10/11/23 Price Changed $2,999,000 -7.6% $666 / Sq Ft
09/21/2023 09/21/23 For Sale $3,245,000 +232.8% $721 / Sq Ft
06/08/2022 06/08/22 Sold $975,000 0.0% $636 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $975,000 -- $636 / 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 $3,535 $30,786 -- --
2024 $3,956 $29,320 -- --
2023 $3,956 $63,850 $12,770 $51,080
2022 $3,801 $46,850 $9,370 $37,480
2021 $3,894 $43,950 $8,790 $35,160
2020 $3,799 $41,860 $8,370 $33,490
2019 $3,772 $37,330 $7,460 $29,870
2018 $3,694 $35,550 $7,110 $28,440
2017 $3,552 $31,730 $6,340 $25,390
2016 $3,025 $28,120 $5,620 $22,500
2015 $2,819 $25,220 $5,040 $20,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6607412

Arizona Regional Multiple Listing Service (ARMLS)

APN: 170-17-022