NOT LISTED FOR SALE

Estimated Value: $4,288,000 - $5,096,000

5 Beds
5.5 Baths
5,055 Sq Ft
$948/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $3,300,000 $653 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $26,250/month

101 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • Mountain View
  • Hopi Elementary School Rated A
  • 0.51 Acre Lot
  • Vaulted Ceiling

About This Home

As of June 2018

Rare does a property with this level of meticulous detail and sophistication come to market anywhere in this Valley. Located within the heart of Arizona’s coveted Arcadia neighborhood, this custom French Country Farmhouse leaves nothing to be desired. Built by award winning architect and development team, Andre Hicken and Padilla Signature Builders… this show stopper features nothing but the finest of finishes including multiple reclaimed materials in French oak wood beams, reclaimed oak floors and salvaged pavers and brick. Further custom features include solid French limestone fireplace surrounds, Sub Zero / Wolf appliance package, hand carved custom cabinetry and hand crafted Craftsman Court Ceramic tile baths and surrounds. The exterior boasts a spacious 754 square foot guest house with a separate living area and en suite bed / bath, top of the line Mossman Brothers Pool and Refined Gardens landscape. High quality construction standards provide the base for this energy efficient home – 2 x 12 framing , spray foam insulation and high efficiency AC make up the behind the scenes of this special estate.

Last Agent to Sell the Property

Rebecca Hoyt

RETSY License #SA567075000 Listed on: 02/04/2018

RETSY

Co-Listed By

Lara Broadrick

RETSY License #SA559945000

Last Buyer's Agent

Shawna Warner

RETSY License #SA114065000

RETSY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,451

Year Built

  • Built in 2017

Lot Details

  • 0.51 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Shake Roof
  • Stucco

Interior Spaces

  • 5,055 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 3 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Wood Frame Window
  • Wood Flooring
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Additional Homes

  • Guest House

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Rick Padilla
  • Lafayette Villa 2 Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 171-29-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,451

Year Built

Built in 2017

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Camelback and Launfal
  • Property Type: Residential
  • 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: N
  • Year Built: 2017
  • Spa Private: Yes
  • Tax Year: 2017
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.51
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: Lafayette Villa 2
  • Architectural Style: Other (See Remarks)
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 652.82
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Spa Features: Heated, Private
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, 9+ Flat Ceilings, Fire Sprinklers, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Separate Shwr & Tub, High Speed Internet
  • Living Area: 5055.0
  • Stories: 2
  • Window Features: Wood Frames, Double Pane Windows, Low Emissivity Windows
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Other Structures: Guest House
  • Roof: Shake
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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

Schools

  • Elementary School: Hopi Elementary School
  • High School: Arcadia High School
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22015.0
  • Parcel #: 171-29-026
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Rick Padilla

Tax Info

  • Tax Annual Amount: 12451.0
  • Tax Book Number: 171.00
  • Tax Lot: 25
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2018
Closed on
Jun 19, 2018
Sold by
Michelet John Charles and Michelet Kim Christine
Bought by
Gruwell William R and Gruwell Revocable Trust
Seller's Agent
Rebecca Hoyt
RETSY
Buyer's Agent
Shawna Warner
RETSY
List Price
$3,495,000
Sold Price
$3,300,000
Premium/Discount to List
-$195,000
-5.58%
Current Estimated Value
$4,790,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,490,892
Avg. Annual Appreciation
5.08%
Original Mortgage
$1,500,000
Outstanding Balance
$899,541
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$3,891,351

Purchase Details

Closed on
May 22, 2014
Sold by
Rossman Michael
Bought by
Michelet John Charles and Michelet Kim Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 1999
Sold by
Rossman Beth
Bought by
Rossman Michael and Rossman Beth

Purchase Details

Closed on
Mar 16, 1998
Sold by
Rossman Michael
Bought by
Rossman Beth
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
Gruwell William R $3,300,000 Chicago Title Agency
Michelet John Charles $925,000 Metropolitan Title
Rossman Michael -- --
Rossman Beth -- Ati Title Agency
Rossman Beth $287,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gruwell William R $1,500,000
Previous Owner Michelet John Charles $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2018 06/26/18 Sold $3,300,000 -2.8% $653 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
05/01/2018 05/01/18 Price Changed $3,395,000 -2.9% $672 / Sq Ft
02/03/2018 02/03/18 For Sale $3,495,000 -- $691 / 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 $14,675 $185,616 -- --
2024 $13,696 $176,778 -- --
2023 $13,696 $276,520 $55,300 $221,220
2022 $13,111 $217,730 $43,540 $174,190
2021 $13,611 $217,500 $43,500 $174,000
2020 $13,401 $195,450 $39,090 $156,360
2019 $12,877 $185,560 $37,110 $148,450
2018 $12,360 $167,030 $33,400 $133,630
2017 $12,451 $167,510 $33,500 $134,010
2016 $6,086 $89,595 $89,595 $0
2015 $4,767 $62,600 $12,520 $50,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5718786

Arizona Regional Multiple Listing Service (ARMLS)

APN: 171-29-026