$1,525,000
SOLD JUN 13, 2012
4 Beds
3 Baths
5,245 Sq Ft
0.85 Acres

Recently Sold

$291 Per Sq Ft

11% Above List Price

19 Days on Market

Highlights

  • Transportation Service
  • Gated with Attendant
  • City Lights View
  • Cherokee Elementary School Rated A
  • Play Pool
  • 0.85 Acre Lot

About This Home

As of July 2023

An amazing lender owned contemporary playground on a gentle hillside-lot. A tranquil Cul-De-Sac location, to include top quality construction. This showpiece home, lives like a penthouse without the hassle of other units surrounding it. Ocean of citylights beneath you, backing right-up to its mountain preserves; high ceilings, a split master bedroom facing the same great views. Preview it before it’s too late. The living space is placed between the front and back yard; so when both ‘Wall-of-Glass’ sliding doors disappear in the wall pockets, the front & back yard unite; a perfect setup for huge gatherings. Privately gated, Stainless Steel appliances, Granit, travertine, electric shades, surround sound, wet bar, full size wine cooler, 3 car garage, elevator, surveillance cameras & more..

Last Agent to Sell the Property

Frank Aazami

Russ Lyon Sotheby's International Realty License #SA581280000 Listed on: 03/26/2012

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Mary Ann Kelley

HomeSmart License #BR528352000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,072

Year Built

  • Built in 2000

Lot Details

  • 0.85 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Backyard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage

Property Views

  • City Lights
  • Mountain

Home Design

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

Interior Spaces

  • 5,245 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Hallway

Pool

  • Play Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Screened Patio
  • Fire Pit
  • Gazebo
  • Built-In Barbecue

Schools

  • Cherokee Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 168-82-032

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Tatum Mountain Estates Subdivision, Contemporary Floorplan

Additional Features

  • Transportation Service
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,072

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Tatum and Sunset Drive
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2000
  • Spa Private: Yes
  • Tax Year: 2011
  • Directions: From Tatum, W on Sunset Dr, S on Mockingbird to End of Cul-De-Sac
  • Master Model: Contemporary
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.85
  • Subdivision Name: TATUM MOUNTAIN ESTATES
  • Architectural Style: Contemporary
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: Private
  • Accessibility Features: Accessible Hallway(s)
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Fire Pit, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Elevator, Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 5245.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Community Features:Transportation Svcs: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Gazebo/Ramada, Screened in Patio(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Desert Back, Desert Front, Cul-De-Sac, Grass Back, Auto Timer H2O Back
  • Pool Features: Play Pool, Fenced, Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Transportation Svcs, Guarded Entry
  • Amenities: None
  • 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: Cherokee Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 37046.0
  • Parcel #: 168-82-032
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 9072.0
  • Tax Book Number: 168.00
  • Tax Lot: 60
  • Tax Map Number: 82.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Jul 17, 2023
Sold by
Rajan Bhatt And Nancy Kim Trust
Bought by
Christopher L Marsh Revocable Trust and Marsh
Seller's Agent
Christopher Karas
Compass
Buyer's Agent
Byron Kline
The Agency
List Price
$3,750,000
Sold Price
$3,600,000
Premium/Discount to List
-$150,000
-4%
Views
273
Current Estimated Value
$4,027,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,766
Avg. Annual Appreciation
5.99%
Original Mortgage
$2,000,000
Outstanding Balance
$1,953,983
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$2,073,783

Purchase Details

Closed on
Sep 17, 2013
Sold by
Bhatt Rajan D and Kim Nancy H
Bought by
Bhatt Rajan D and Kim Nancy H

Purchase Details

Listed on
Mar 26, 2012
Closed on
Jun 5, 2012
Sold by
U S Bank National Association
Bought by
Bhatt Rajan and Kim Nancy H
Seller's Agent
Frank Aazami
Russ Lyon Sotheby's International Realty
Buyer's Agent
Mary Ann Kelley
HomeSmart
List Price
$1,375,000
Sold Price
$1,525,000
Premium/Discount to List
$150,000
10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$1,296,250
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2011
Sold by
Cole Scott H
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 5, 2001
Sold by
Cole Scott H
Bought by
Cole Scott H and The Scott H Cole Family Trust Agreement

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
6.87%

Purchase Details

Closed on
Jul 23, 1998
Sold by
Reymont Robert A
Bought by
Cole Scott H

Purchase Details

Closed on
Jun 15, 1994
Sold by
Lee Shiu Lun
Bought by
Reymont Robert A
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 Type Sale Price Title Company
Warranty Deed $3,600,000 Wfg National Title Insurance C
Interfamily Deed Transfer -- None Available
Special Warranty Deed $1,525,000 Lawyers Title Of Arizona Inc
Trustee Deed $1,500,000 Accommodation
Interfamily Deed Transfer -- Fidelity National Title
Cash Sale Deed $285,000 Security Title Agency
Cash Sale Deed $235,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $1,242,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $2,370,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,297,000 New Conventional
Previous Owner $1,296,250 New Conventional
Previous Owner $2,362,500 Unknown
Previous Owner $472,450 Credit Line Revolving
Previous Owner $635,000 Credit Line Revolving
Previous Owner $1,365,000 Unknown
Previous Owner $1,365,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $3,600,000 -4.0% $686 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $3,750,000 +145.9% $715 / Sq Ft
06/13/2012 06/13/12 Sold $1,525,000 +10.5% $291 / Sq Ft
04/14/2012 04/14/12 Pending -- -- --
03/27/2012 03/27/12 Price Changed $1,380,000 +0.4% $263 / Sq Ft
03/26/2012 03/26/12 For Sale $1,375,000 -- $262 / 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 $11,251 $150,784 -- --
2024 $11,013 $143,603 -- --
2023 $11,013 $176,060 $35,210 $140,850
2022 $10,538 $132,000 $26,400 $105,600
2021 $10,944 $124,050 $24,810 $99,240
2020 $11,350 $124,130 $24,820 $99,310
2019 $11,686 $126,270 $25,250 $101,020
2018 $11,829 $126,510 $25,300 $101,210
2017 $11,557 $137,750 $27,550 $110,200
2016 $11,244 $136,620 $27,320 $109,300
2015 $10,257 $132,630 $26,520 $106,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4735283

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-82-032