NOT LISTED FOR SALE

Estimated Value: $5,887,000 - $6,358,220

5 Beds
6 Baths
5,916 Sq Ft
$1,034/Sq Ft Est. Value

Last Sold May 15, 2020

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

Est. 91% increase in value since last sale

Current estimated payment $33,877/month

54 Days on Market

Highlights

  • Heated Spa
  • 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
  • Garage Door Opener

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
  • Low Emissivity Windows
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Spa
  • Private Pool

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
  • Water Softener
  • High Speed Internet
  • Cable TV Available

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

Parking

3

Listing Details

  • Cross Street: 56th Street and Lafayette
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2016
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: West on Lafayette to 4120
  • 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
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5916.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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: 30858.0
  • Parcel #: 172-40-025

Building Info

  • Builder Name: Rafterhouse

Tax Info

  • Tax Annual Amount: 15903.0
  • Tax Book Number: 172.00
  • Tax Lot: 63
  • Tax Map Number: 40.00

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
$6,118,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,918,407
Avg. Annual Appreciation
12.71%
Original Mortgage
$2,560,000
Outstanding Balance
$2,291,189
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$3,800,779

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

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
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 Change Sq Ft Price
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 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 $17,264 $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