NOT LISTED FOR SALE

Estimated Value: $980,000 - $1,769,872

4 Beds
4 Baths
2,960 Sq Ft
$513/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $1,850,000 $625 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $8,468/month

40 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Private Yard
  • Tavan Elementary School Rated A
  • 3 Fireplaces
  • No HOA

About This Home

As of September 2023

Experience unparalleled luxury in this brand new professionally designed home! Located in the coveted Arcadia area, with 4 beds & 4 baths (3 en-suites) plus an office, it's a haven of comfort. Indulge in the elegant master suite with a rainhead shower and large tub. The kitchen boasts a 48'' JennAir Dual Fuel Range and a 60'' JennAir Fridge/Freezer. Enjoy custom metal work, a built-in bar, and three fire features. The landscaped backyard offers a built-in BBQ and fire pit w/more than enough room to add a pool if desired. This prime location is walking distance to many restaurants, hotspots, activities, and the new Global Ambassador Hotel. Welcome to a world of sophistication and modern living!

Last Agent to Sell the Property

Marc Nassos

Compass License #SA538005000 Listed on: 07/28/2023

Compass

Last Buyer's Agent

Kendra Wellman

Local Luxury Christie's International Real Estate License #SA674502000

Local Luxury Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,674

Year Built

  • Built in 2023

Lot Details

  • 8,978 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Front Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Spray Foam Insulation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,960 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Schools

  • Tavan Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Monarch Contracting
  • Leroy Vista Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 40
  • Assessor Parcel Number 127-12-105

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,674

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 42nd Street & Osborn Road
  • Legal Info Range: 4E
  • 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: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2023
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: LEROY VISTA
  • Architectural Style: Contemporary, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 625.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, 3+ Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2960.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • 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
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Front, Grass Front, Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Complete Spec Home
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Complete Spec Home: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • 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: Tavan 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: 8978.0
  • Parcel #: 127-12-105

Building Info

  • Builder Name: Monarch Contracting

Tax Info

  • Tax Annual Amount: 2674.0
  • Tax Book Number: 127.00
  • Tax Lot: 40
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 29, 2023
Sold by
Mrrs1 Development Llc
Bought by
Cercone Jacob
Seller's Agent
Marc Nassos
Compass
Buyer's Agent
Kendra Wellman
Local Luxury Christie's International Real Estate
List Price
$1,955,000
Sold Price
$1,850,000
Premium/Discount to List
-$105,000
-5.37%
Views
71
Current Estimated Value
$1,517,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$332,782
Avg. Annual Appreciation
-8.66%
Original Mortgage
$1,480,000
Outstanding Balance
$1,450,732
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$66,486

Purchase Details

Closed on
Jun 13, 2022
Sold by
Wiss Real Estate Llc
Bought by
Mrrs1 Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2022
Sold by
Podesta Diana S
Bought by
Wiss Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 1996
Sold by
Hernandez Andres and Hernandez Katharine
Bought by
Gino E M and Gino Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
8.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cercone Jacob $1,850,000 Wfg National Title Insurance C
Mrrs1 Development Llc $670,028 Magnus Title
Wiss Real Estate Llc $625,000 Magnus Title
Gino E M $104,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cercone Jacob $1,480,000
Previous Owner Wiss Real Estate Llc $512,000
Previous Owner Gino E M $74,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $1,850,000 -5.4% $625 / Sq Ft
07/29/2023 07/29/23 For Sale $1,955,000 -- $660 / 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 $6,228 $35,765 -- --
2024 $2,802 $34,062 -- --
2023 $2,802 $61,570 $12,310 $49,260
2022 $2,674 $48,800 $9,760 $39,040
2021 $2,436 $44,380 $8,870 $35,510
2020 $2,382 $42,150 $8,430 $33,720
2019 $2,287 $38,680 $7,730 $30,950
2018 $2,215 $37,880 $7,570 $30,310
2017 $2,102 $38,700 $7,740 $30,960
2016 $2,061 $35,010 $7,000 $28,010
2015 $1,897 $33,800 $6,760 $27,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6585870

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-12-105