S
Seller's Agent in 2018
Susan Fishman
Russ Lyon Sotheby's International Realty
4501 E Foothill Dr Paradise Valley, AZ 85253
Estimated Value: $8,520,000 - $9,054,000
6
Beds
9
Baths
10,198
Sq Ft
$866/Sq Ft
Est. Value
Highlights
- Guest House
- Tennis Courts
- City Lights View
- Kiva Elementary School Rated A
- Heated Spa
- 2.14 Acre Lot
About This Home
As of May 2018LUXURY AUCTION - SELLING WITH NO RESERVE – MARCH 22nd. Making its Market debut - Majestic Heights rests on one of Paradise Valley’s highest lots offering stunning cityscape views. Created with a Mediterranean flare and providing resort-style amenities, it offers a sense of seclusion with unparalleled privacy and spectacular landscaping. An entertainment wing was added to the property complete with a versatile gathering space, two bedroom guest suite, and an expansive multi-use space which can accommodate a 16-car garage, indoor children’s play area, full gymnasium, indoor sports court and more. A RARE opportunity for you to own at YOUR price!
Last Agent to Sell the Property
Susan Fishman
Russ Lyon Sotheby's International Realty License #SA534692000 Listed on: 01/02/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,505
Year Built
- Built in 1995
Lot Details
- 2.14 Acre Lot
- Desert faces the front and back of the property
- Artificial Turf
- Misting System
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
Parking
- 19 Car Direct Access Garage
- 8 Open Parking Spaces
- Garage ceiling height seven feet or more
- Side or Rear Entrance to Parking
- Garage Door Opener
Property Views
- City Lights
- Mountain
Home Design
- Tile Roof
- Foam Roof
- Block Exterior
- Stone Exterior Construction
- Stucco
Interior Spaces
- 10,198 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Ceiling height of 9 feet or more
- Gas Fireplace
- Double Pane Windows
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Security System Owned
Kitchen
- Breakfast Bar
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bathroom is a Full Bathroom
- 9 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Pool
- Heated Spa
- Heated Pool
- Diving Board
Outdoor Features
- Tennis Courts
- Balcony
- Covered Patio or Porch
- Outdoor Fireplace
- Fire Pit
- Built-In Barbecue
- Playground
Additional Homes
- Guest House
Schools
- Kiva Elementary School
- Mohave Middle School
- Saguaro High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by Dave Hansen
- Tatum Canyon 1 Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 169-11-145
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 3, 2021
Sold by
Lycou Pandeli and Lycou Peggy Daskalos
Bought by
Lycou Peggy Daskalos
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,349,000
Outstanding Balance
$2,134,225
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$6,694,162
Purchase Details
Closed on
Mar 19, 2021
Sold by
Mc2 Exchange Accommodation Ttl Holder Ll
Bought by
Daskalos Jason and Lycou Peggy Daskalos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,349,000
Interest Rate
2.7%
Purchase Details
Listed on
Jan 2, 2018
Closed on
May 17, 2018
Sold by
Daskalos Jason and Lycou Peggy Daskalos
Bought by
Mc2 Exchange Accommodation Title Holder
Seller's Agent
Susan Fishman
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michel Edery
Russ Lyon Sotheby's International Realty
List Price
$5,925,000
Sold Price
$3,700,000
Premium/Discount to List
-$2,225,000
-37.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%
Original Mortgage
$2,405,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jan 2, 2018
Closed on
May 3, 2018
Sold by
Baum Christine B and The Baum Family Exemption Trus
Bought by
Daskalos Jason and Lycou Peggy Daskalos
Seller's Agent
Susan Fishman
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michel Edery
Russ Lyon Sotheby's International Realty
List Price
$5,925,000
Sold Price
$3,700,000
Premium/Discount to List
-$2,225,000
-37.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,405,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jan 2, 2018
Closed on
Apr 24, 2018
Sold by
Lycou Pandeli
Bought by
Lycou Peggy Daskalos
Seller's Agent
Susan Fishman
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michel Edery
Russ Lyon Sotheby's International Realty
List Price
$5,925,000
Sold Price
$3,700,000
Premium/Discount to List
-$2,225,000
-37.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,405,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 29, 2016
Sold by
Baum Christine B
Bought by
Baum Robert L and Baum Christine B
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lycou Peggy Daskalos | -- | First Arizona Title Agcy Llc | |
| Daskalos Jason | -- | Accommodation | |
| Mc2 Exchange Accommodation Title Holder | -- | None Available | |
| Daskalos Jason | $3,700,000 | Greystone Title Agency Llc | |
| Lycou Peggy Daskalos | -- | Greystone Title Agency Llc | |
| Baum Robert L | -- | None Available | |
| Baum Robert L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lycou Peggy Daskalos | $2,349,000 | |
| Previous Owner | Daskalos Jason | $2,349,000 | |
| Previous Owner | Daskalos Jason | $2,405,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/14/2018 05/14/18 | Sold | $3,700,000 | -32.7% | $363 / Sq Ft |
| 04/15/2018 04/15/18 | Pending | -- | -- | -- |
| 02/19/2018 02/19/18 | Price Changed | $5,495,000 | -11.0% | $539 / Sq Ft |
| 02/08/2018 02/08/18 | Price Changed | $6,175,000 | +0.8% | $606 / Sq Ft |
| 02/01/2018 02/01/18 | Price Changed | $6,125,000 | +0.8% | $601 / Sq Ft |
| 01/25/2018 01/25/18 | Price Changed | $6,075,000 | +0.8% | $596 / Sq Ft |
| 01/18/2018 01/18/18 | Price Changed | $6,025,000 | +0.8% | $591 / Sq Ft |
| 01/11/2018 01/11/18 | Price Changed | $5,975,000 | +0.8% | $586 / Sq Ft |
| 01/02/2018 01/02/18 | For Sale | $5,925,000 | -- | $581 / 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 | $23,629 | $402,294 | -- | -- |
| 2024 | $23,324 | $383,137 | -- | -- |
| 2023 | $23,324 | $565,870 | $113,170 | $452,700 |
| 2022 | $22,373 | $418,610 | $83,720 | $334,890 |
| 2021 | $23,784 | $418,680 | $83,730 | $334,950 |
| 2020 | $23,632 | $398,400 | $79,680 | $318,720 |
| 2019 | $22,816 | $395,310 | $79,060 | $316,250 |
| 2018 | $21,969 | $374,060 | $74,810 | $299,250 |
| 2017 | $20,505 | $342,620 | $68,520 | $274,100 |
| 2016 | $20,063 | $290,970 | $58,190 | $232,780 |
| 2015 | $19,006 | $290,970 | $58,190 | $232,780 |
Source: Public Records
Agents Affiliated with this Home
-
-
Michel Edery
Buyer's Agent in 2018
Michel Edery
Russ Lyon Sotheby's International Realty
(480) 747-4795
20 in this area
80 Total Sales
-
Frank Aazami
Buyer Co-Listing Agent in 2018
Frank Aazami
Compass
(480) 266-0240
59 in this area
221 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5703334
APN: 169-11-145
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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