NOT LISTED FOR SALE

Estimated Value: $2,711,000 - $5,748,000

5 Beds
7 Baths
5,673 Sq Ft
$811/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $5,525,000 $974 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $26,317/month

2 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • Mountain View
  • Hopi Elementary School Rated A
  • 0.51 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of May 2024

NEW BUILD on the border of the Arcadia area & Paradise Valley. If you enjoy entertaining, this home is a must see. Floor to ceiling windows, & sliding glass walls create the perfect picture frame for views of the Phx mtn preserve to the north & Camelback to the east. The natural light is incredible. The main level consists of a gourmet kitchen featuring Wolf Subzero appliance package, custom cabinetry, large island, hidden prep kitchen, main living area, 3 beds w/en-suites including the primary suite. Primary suite includes a fireplace, spa bath, custom walk in closet w/laundry area, & private balcony over looking the backyard oasis. The lower level offers 2 of the en-suites, a flex space for gym/office, & 2nd entertainment space w/bar. The home is also equipped w/smart home automation 1/2 acre lot includes an outdoor kitchen, fireplace, heated pool & spa, & 1800+ SF of covered space. The lot coverage was not maxed out like most new builds. Just minutes away from the Phoenix Suns practice facility, Phoenix Country Day School, as well as some of the areas best hotspots like Steak 44, The Henry, Chelsea's Kitchen, North Italia, and all the amenities the new Global Ambassador Hotel has to offer. Close proximity to Old Town Scottsdale and Phoenix Sky Harbor airport.

Last Agent to Sell the Property

David Segal

Realty USA Southwest License #SA656031000 Listed on: 04/13/2024

Last Buyer's Agent

Ian Chait

Barrett Real Estate License #BR504768000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,770

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 0.51 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Sprinklers on Timer

Parking

  • 3 Car Garage
  • 6 Open Parking Spaces
  • Garage Door Opener
  • RV Gated

Home Design

  • Designed by Design Tank Architects
  • Contemporary Architecture
  • Room Addition Constructed in 2024
  • Roof Updated in 2024
  • Wood Frame Construction
  • Spray Foam Insulation
  • Foam Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 5,673 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Smart Home
  • Washer and Dryer Hookup

Kitchen

  • Kitchen Updated in 2024
  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Floors Updated in 2024
  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Bathroom Updated in 2024
  • Primary Bathroom is a Full Bathroom
  • 7 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Pool Updated in 2024
  • Heated Spa
  • Heated Pool
  • Pool Pump

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Cooling System Updated in 2024
  • Central Air
  • Heating Available
  • Plumbing System Updated in 2024
  • Wiring Updated in 2024
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Short Hills Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 171-07-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,770

Year Built

Built in 2024 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 40th St and McDonald
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Design Tank
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2024
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2024
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2024
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2024
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2024
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2024
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2024
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2024
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2024
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2024
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: From Standford Dr go north on 40th St, then right on Rancho/Solano. Left at Rancho Dr. Property is 2nd house on the right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.51
  • Subdivision Name: SHORT HILLS
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Cooling:Central Air: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Walk-Out Access, Finished
  • Flooring: Tile, Wood
  • Basement YN: Yes
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Two Way Fireplace, Exterior Fireplace, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Soft Water Loop, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5673.0
  • Stories: 1
  • Window Features: Skylight(s), Low-Emissivity Windows, Dual Pane
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted, Stone, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Under Construction
  • Roof: 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:Balcony: Yes
  • Construction Status:Under Construction: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 6.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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: Hopi Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22220.0
  • Parcel #: 171-07-038
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: SB

Tax Info

  • Tax Annual Amount: 6770.0
  • Tax Book Number: 171.00
  • Tax Lot: 37
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2024
Closed on
May 29, 2024
Sold by
Segal Investment Group Llc
Bought by
Norton Elijah H
Seller's Agent
David Segal
Realty USA Southwest
Buyer's Agent
Ian Chait
Barrett Real Estate
List Price
$5,600,000
Sold Price
$5,525,000
Premium/Discount to List
-$75,000
-1.34%
Total Days on Market
2
Views
1
Current Estimated Value
$4,598,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$926,457
Avg. Annual Appreciation
-16.77%
Original Mortgage
$3,000,000
Outstanding Balance
$2,975,238
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$1,623,305

Purchase Details

Listed on
Apr 5, 2022
Closed on
Jun 28, 2022
Sold by
Travis Lori H
Bought by
Segal Investment Group Llc
Seller's Agent
Jamie Harvey
The Brokery
Buyer's Agent
David Segal
Realty USA Southwest
List Price
$1,299,900
Sold Price
$1,250,000
Premium/Discount to List
-$49,900
-3.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
116.85%
Original Mortgage
$2,137,500
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 22, 2022
Sold by
Travis Quentin B
Bought by
Travis Lori H

Purchase Details

Closed on
Aug 16, 2006
Sold by
Bernhisel Ralph and Bernhisel Sandra
Bought by
Travis Quentin B and Travis Lori H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.53%
Mortgage Type
Credit Line Revolving
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
Norton Elijah H $5,525,000 Magnus Title Agency
Segal Investment Group Llc $1,250,000 Magnus Title
Travis Lori H -- Magnus Title
Travis Quentin B $850,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norton Elijah H $3,000,000
Previous Owner Segal Investment Group Llc $300,000
Previous Owner Segal Investment Group Llc $3,150,000
Previous Owner Segal Investment Group Llc $2,137,500
Previous Owner Travis Quentin B $223,000
Previous Owner Travis Quentin B $170,000
Previous Owner Travis Quentin B $637,500
Previous Owner Bernhisel Sandra $5,500
Previous Owner Bernhisel Ralph P $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $5,525,000 0.0% $974 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/13/2024 04/13/24 Off Market $5,525,000 -- --
04/13/2024 04/13/24 For Sale $5,600,000 +348.0% $987 / Sq Ft
06/30/2022 06/30/22 Sold $1,250,000 -3.8% $353 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $1,299,900 -- $367 / 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 $6,050 $84,605 -- --
2024 $6,516 $60,012 -- --
2023 $6,516 $100,270 $20,050 $80,220
2022 $5,650 $78,000 $15,600 $62,400
2021 $5,877 $72,650 $14,530 $58,120
2020 $5,782 $67,270 $13,450 $53,820
2019 $5,543 $69,830 $13,960 $55,870
2018 $5,307 $66,510 $13,300 $53,210
2017 $5,075 $68,450 $13,690 $54,760
2016 $4,929 $68,710 $13,740 $54,970
2015 $4,468 $69,310 $13,860 $55,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6677667

Arizona Regional Multiple Listing Service (ARMLS)

APN: 171-07-038