NOT LISTED FOR SALE

Estimated Value: $5,132,000 - $6,583,149

5 Beds
6 Baths
5,916 Sq Ft
$1,004/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $3,200,000 $541 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $32,426/month

54 Days on Market

Highlights

  • Private Pool
  • 0.71 Acre Lot
  • Family Room with Fireplace
  • Hopi Elementary School Rated A
  • Mountain View
  • Vaulted Ceiling

About This Home

As of May 2020

Constructed by the acclaimed builders at Rafterhouse in 2016, this awe-inspiring Arcadia estate offers enduring beauty and quality craftsmanship on the highly sought-after Arcadia street known as Lafayette Boulevard. In addition to striking views of Camelback Mountain, this estate features 5 bedrooms, an office, and 6 bathrooms. Every inch of the home is beautifully designed with contemporary finishes that exude a timeless allure. The endless list of superior finishes includes lofty wood-beamed ceilings, clerestory windows, wood plank flooring, crown molding, marble tile and countertops, french doors and windows, and so much more. The gourmet kitchen is an epicurean dream, featuring a Wolf gas range, SubZero refrigerator, custom Burdette cabinetry, walk-in pantry, and wet bar.

Last Agent to Sell the Property

Tucker Blalock

The Brokery License #BR642462000 Listed on: 02/06/2020

Co-Listed By

Oleg Bortman

The Brokery License #BR636864000

Last Buyer's Agent

Richard Dobbles

HomeSmart Realty License #SA553534000

HomeSmart Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,903

Year Built

  • Built in 2016

Lot Details

  • 0.71 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Cellulose Insulation
  • Shake Roof
  • Stucco

Interior Spaces

  • 5,916 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 6 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer Hookup

Pool

  • Private Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Additional Features

  • No Interior Steps
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Rafterhouse
  • Del Ray Estates 3 Subdivision

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 172-40-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,903

Year Built

Built in 2016

Lot Details

0.71 Acres

Parking

3

Listing Details

  • Cross Street: 56th Street and Lafayette
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2016
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.71
  • Co List Office Mls Id: brec02
  • Co List Office Phone: 602-892-4444
  • Subdivision Name: DEL RAY ESTATES 3
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 540.91
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Private, Heated
  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Built In Recycling, Gas Oven, Gas Range
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas, Exterior Fireplace
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Eat-in Kitchen, Breakfast Bar, Pantry, Kitchen Island, Walk-in Pantry, High Speed Internet, Vaulted Ceiling(s), 9+ Flat Ceilings, Wet Bar, No Interior Steps
  • Living Area: 5916.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane, Low-Emissivity Windows

Exterior Features

  • Fencing: Wrought Iron, Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Corner Lot, North/South Exposure, Sprinklers In Front, Sprinklers In Rear, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Wood Frame, Spray Foam Insulation, Blown Cellulose, Painted, Stucco
  • Other Structures: Gazebo
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Shake

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Side Vehicle Entry, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, Inside
  • Security: Security System Owned, Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

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: 30858.0
  • Parcel #: 172-40-025

Building Info

  • Builder Name: Rafterhouse

Tax Info

  • Tax Annual Amount: 15903.0
  • Tax Lot: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
May 11, 2020
Sold by
Rubenstein Michael and Rubenstein Nirit
Bought by
Breezy Point Iii Llc
Seller's Agent
Tucker Blalock
The Brokery
Buyer's Agent
Richard Dobbles
HomeSmart Realty
List Price
$3,295,000
Sold Price
$3,200,000
Premium/Discount to List
-$95,000
-2.88%
Current Estimated Value
$5,942,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,742,037
Avg. Annual Appreciation
11.18%
Original Mortgage
$2,560,000
Outstanding Balance
$2,266,375
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$3,675,662

Purchase Details

Closed on
Jul 25, 2017
Sold by
Rubenstein Michael and Rubenstein Nirit
Bought by
The Michael And Nirit Rubenstein Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,982,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2017
Sold by
Comeford Patricia A
Bought by
Rubenstein Michael and Rubenstein Nirit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,982,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2016
Sold by
Rafterhouse Sonata Llc
Bought by
Adams Patricia Comeford

Purchase Details

Closed on
Feb 19, 2015
Sold by
Rafterhouse Two Llc
Bought by
Rafterhouse Sonata Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2014
Sold by
The Ptb Trust
Bought by
Rafterhouse Two Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2013
Sold by
Black Patricia T
Bought by
The Ptb Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2013
Sold by
The Ptb Trust
Bought by
Black Patricia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2012
Sold by
Black Patricia T
Bought by
Ptb Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2003
Sold by
Black Patricia T and Black Peter Hayes
Bought by
Black Patricia T and Black Peter Hayes

Purchase Details

Closed on
Apr 15, 1994
Sold by
Black James R and Black Patricia T
Bought by
Black James R and Black Patricia T
Source: Public Records
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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
Breezy Point Iii Llc $3,200,000 Fidelity Natl Ttl Agcy Inc
The Michael And Nirit Rubenstein Living -- Stewart Title & Trust Of Pho
Rubenstein Michael $3,050,000 Stewart Title & Trust Of Pho
Adams Patricia Comeford $3,010,000 Security Title Agency Inc
Rafterhouse Sonata Llc $940,000 Security Title Agency
Rafterhouse Two Llc $835,000 Driggs Title Agency Inc
The Ptb Trust -- Accommodation
Black Patricia T -- Driggs Title Agency Inc
Ptb Trust -- Driggs Title Agency Inc
Black Patricia T -- Driggs Title Agency Inc
Black Patricia T -- --
Black James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breezy Point Iii Llc $2,560,000
Previous Owner Rubenstein Michael $1,982,500
Previous Owner Rafterhouse Sonata Llc $940,000
Previous Owner Rafterhouse Two Llc $1,218,000
Previous Owner Black Patricia T $385,000
Previous Owner Black Patricia T $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $3,200,000 -2.9% $541 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $3,295,000 -- $557 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $18,105 $227,292 -- --
2024 $16,905 $216,468 -- --
2023 $16,905 $355,200 $71,040 $284,160
2022 $16,190 $275,020 $55,000 $220,020
2021 $16,801 $275,730 $55,140 $220,590
2020 $16,544 $246,810 $49,360 $197,450
2019 $15,903 $236,750 $47,350 $189,400
2018 $15,269 $208,060 $41,610 $166,450
2017 $14,647 $205,120 $41,020 $164,100
2016 $7,407 $109,050 $109,050 $0
2015 $5,452 $66,510 $13,300 $53,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6033411

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-40-025

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