NOT LISTED FOR SALE

4031 E Desert Crest Dr Paradise Valley, AZ 85253

Estimated Value: $3,446,000 - $3,931,000

4 Beds
4.5 Baths
5,654 Sq Ft
$652/Sq Ft Est. Value

Last Sold December 29, 2012

Last sale price $1,150,000 $203 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $20,328/month

102 Days on Market

Highlights

  • Private Pool
  • Sitting Area In Primary Bedroom
  • Contemporary Architecture
  • Kiva Elementary School Rated A
  • City Lights View
  • Family Room with Fireplace

About This Home

As of December 2012

JUST REDUCED 100K for quick sale. BEST DEAL IN PV(212.00 sq/ft) Gorgeous views of surrounding Paradise Valley from every window. Luxurious home boasts 4 bedrooms, 4.5 baths, master sitting area, very large walk-in closet with built-ins, wet bar, wine cellar, fully finished basement and private guest quarters with separate entrance. Home has been completely painted throughout. New carpet in basement. Spacious resort-like backyard with built-in BBQ with views to downtown. Priced to sell and move-in ready.

Last Agent to Sell the Property

Dan Williams

Russ Lyon Sotheby's International Realty License #SA543805000 Listed on: 08/09/2012

Russ Lyon Sotheby's International Realty

Co-Listed By

Thuy Pham

HomeSmart License #BR528938000

Last Buyer's Agent

Dee Dee Nadler

Berkshire Hathaway HomeServices Arizona Properties License #SA028972000

Berkshire Hathaway HomeServices Arizona Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,818

Year Built

  • Built in 1986

Lot Details

  • 1.03 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Garage
  • 10 Open Parking Spaces
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 5,654 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Roller Shields
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

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

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro Elementary High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lincoln Heights Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 169-52-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,818

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Lincoln and Tatum
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 10.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 1986
  • Tax Year: 2011
  • Directions: West to 40th Place and North to Desert Crest Drive. Home is on the corner of 40th Place and Desert Crest Drive.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.03
  • Co List Office Mls Id: srba01
  • Co List Office Phone: 602-266-1224
  • Subdivision Name: Lincoln Heights
  • Architectural Style: Contemporary
  • ResoBuildingAreaSource: Appraiser
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Flooring: Carpet, Stone, Tile
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Fire Pit, Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), Eat-in Kitchen, Roller Shields, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 5654.0
  • Stories: 1
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Full: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Screened in Patio(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front
  • Pool Features: Private
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 10.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • 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 Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro Elementary School
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 44690.0
  • Parcel #: 169-52-018
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 7818.0
  • Tax Book Number: 169.00
  • Tax Lot: 33
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2012
Closed on
Dec 7, 2012
Sold by
Jamal Karim N
Bought by
Daniels Alan U and Daniels Suzanne R
Seller's Agent
Dan Williams
Russ Lyon Sotheby's International Realty
Buyer's Agent
Dee Dee Nadler
Berkshire Hathaway HomeServices Arizona Properties
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%
Current Estimated Value
$3,684,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,534,667
Avg. Annual Appreciation
9.54%
Original Mortgage
$700,000
Outstanding Balance
$482,696
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$3,201,971

Purchase Details

Closed on
Mar 15, 2012
Sold by
Jamal Karim N
Bought by
Jamal Karim N and Kajm Trust

Purchase Details

Closed on
Dec 16, 2009
Sold by
Quintana Miguel P
Bought by
M & I Marshall & Ilsley Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2009
Sold by
Quintana Miguel
Bought by
Jamal Karim N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2006
Sold by
Quintana Karoly
Bought by
Quintana Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,370,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 10, 2005
Sold by
Oquendo Karoly
Bought by
Quintana Miguel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,340,000
Interest Rate
5.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 3, 2005
Sold by
Speros Charles J
Bought by
Quintana Miguel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,340,000
Interest Rate
5.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 24, 1997
Sold by
Eggert Larry D
Bought by
Speros Charles J and Speros Lynn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 1995
Sold by
Eggert Larry D
Bought by
The Joan V Eggert Trust

Purchase Details

Closed on
May 7, 1994
Sold by
Wright Emron T
Bought by
Eggert Larry D and Eggert Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
8.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Daniels Alan U $1,150,000 Chicago Title Agency Inc
Jamal Karim N -- None Available
M & I Marshall & Ilsley Bank $890,130 None Available
Jamal Karim N $1,000,000 Equity Title Agency Inc
Quintana Miguel -- Guaranty Title Agency
Quintana Miguel P -- Arizona Title Agency Inc
Quintana Miguel P -- --
Quintana Miguel P $1,675,000 Arizona Title Agency Inc
Speros Charles J $720,000 Grand Canyon Title Agency In
The Joan V Eggert Trust -- --
Eggert Larry D $785,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniels Alan U $700,000
Previous Owner Jamal Karim N $950,000
Previous Owner Quintana Miguel $1,370,000
Previous Owner Quintana Miguel P $1,340,000
Previous Owner Quintana Miguel P $1,340,000
Previous Owner Speros Charles J $560,000
Previous Owner Eggert Larry D $628,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2012 12/29/12 Sold $1,150,000 -4.1% $203 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
09/20/2012 09/20/12 Price Changed $1,199,000 -7.4% $212 / Sq Ft
08/09/2012 08/09/12 For Sale $1,295,000 -- $229 / 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 $8,583 $156,211 -- --
2024 $8,457 $148,773 -- --
2023 $8,457 $186,730 $37,340 $149,390
2022 $8,088 $138,460 $27,690 $110,770
2021 $8,635 $130,770 $26,150 $104,620
2020 $8,576 $138,610 $27,720 $110,890
2019 $8,259 $117,930 $23,580 $94,350
2018 $7,930 $114,100 $22,820 $91,280
2017 $7,595 $105,730 $21,140 $84,590
2016 $7,632 $108,530 $21,700 $86,830
2015 $7,211 $108,530 $21,700 $86,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4801200

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-52-018