NOT LISTED FOR SALE

Estimated Value: $5,693,762 - $6,758,000

6 Beds
9 Baths
7,000 Sq Ft
$914/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $3,870,000 $553 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $35,218/month

Highlights

  • Guest House
  • Heated Pool
  • Mountain View
  • Hopi Elementary School Rated A
  • 0.69 Acre Lot
  • Living Room with Fireplace

About This Home

As of March 2024

This quintessential Arcadia home is situated at the end of a quiet cul-de-sac and offers both privacy and stunning Camelback Mtn. views. Soaring 29' ceilings welcome you as you enter while a collapsing glass wall opens to the resort like yard. All 6 bedrooms are located on the first floor and feature ensuite baths. Enjoy a spacious primary retreat with sitting room, fireplace and massive walk-in closet. The primary bath boasts dual vanities, soaking tub and steam shower. The second level provides a large loft perfect for a game room/2nd living space. Newly renovated gourmet kitchen. Heated pool/spa, guest casita, large grassy area with dog run, smart home tech, wet bar, climate controlled wine cellar, 2-laundry rooms and more!

Last Agent to Rent the Property

Dallas Peagler

The Brokery License #SA562745000 Listed on: 01/26/2024

Co-Listed By

Breena Westfall

The Brokery License #SA562432000

Last Renter's Agent

Katrina Barrett

Walt Danley Local Luxury Christie's International Real Estate License #BR578628000

Walt Danley Local Luxury Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,778

Year Built

  • Built in 2014

Lot Details

  • 0.69 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Shake Roof
  • Stucco

Interior Spaces

  • 7,000 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 9 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Smart Home
  • Fire Sprinkler System

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Arcadia General
  • Arcadia Subdivision

Listing and Financial Details

  • Property Available on 3/1/24
  • Rent includes rental tax, pool service - full, gardening service
  • 6-Month Minimum Lease Term
  • Legal Lot and Block 3 / J
  • Assessor Parcel Number 172-20-002-L

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,778

Year Built

Built in 2014

Lot Details

0

Parking

2

Rental Info

  • Rent Includes: Rental Tax, Pool Service - Full, Gardening Service
  • Available Date: 2024-03-01

Listing Details

  • Cross Street: Camelback Rd. & Arcadia Dr.
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2014
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 6
  • Directions: From Camelback head South on Arcadia Dr to Exeter, turn West. North on Dromedary to the house at the end of the cul-de-sac.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.69
  • Co List Office Mls Id: boll001
  • Subdivision Name: ARCADIA
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Security Features:Fire Sprinkler System: Yes
  • Water Source City Water2: Yes
  • Fireplace Features Fireplace Living Rm2: Yes
  • Fireplace Features Gas Fireplace2: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: Private
  • Possible Bedrooms: 9
  • Total Bedrooms: 6
  • Fireplace Features: Exterior Fireplace, Gas Fireplace, Fireplace Living Rm, 3+ Fireplaces
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 7000.0
  • Stories: 2
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in BBQ, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Shake
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Built-in BBQ2: Yes
  • Exterior Features:BBQ: Yes
  • Exterior Features:Separate Guest House: Yes
  • Fireplace Features Exterior Fireplace2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access, Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

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

  • Lot Size Sq Ft: 29851.0
  • Parcel #: 172-20-002-L

Building Info

  • Builder Name: Arcadia General

Tax Info

  • Tax Block: J
  • Tax Book Number: 172.00
  • Tax Lot: 3
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2021
Closed on
Mar 18, 2021
Sold by
Shaw Gary Lee and Glsjr Revocable Trust
Bought by
Verstraete Mikaela Lyrea and Verstraete Willem
Seller's Agent
Diane Mark
Showplace Properties, Inc
Buyer's Agent
Pamela Huggins
Barrett Real Estate
List Price
$3,850,000
Sold Price
$3,870,000
Premium/Discount to List
$20,000
0.52%
Current Estimated Value
$6,394,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,524,587
Avg. Annual Appreciation
12.18%
Original Mortgage
$2,709,000
Outstanding Balance
$2,468,630
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,992,392

Purchase Details

Listed on
Dec 15, 2017
Closed on
Sep 4, 2018
Sold by
Rankin Lance and Rankin Michelle
Bought by
Shaw Gary Lee and Downs Shannon B
Seller's Agent
Janice Delong
HomeSmart
Buyer's Agent
Diane Mark
Showplace Properties, Inc
List Price
$3,275,000
Sold Price
$2,900,000
Premium/Discount to List
-$375,000
-11.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%
Original Mortgage
$2,320,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 8, 2016
Closed on
Nov 16, 2016
Sold by
World Investment Network Llc
Bought by
Rankin Lance and Rankin Michelle
Seller's Agent
Rebecca Hoyt
RETSY
Buyer's Agent
Deborah Rivers
AZ Brokerage Holdings, LLC
List Price
$3,495,000
Sold Price
$3,100,000
Premium/Discount to List
-$395,000
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.62%

Purchase Details

Closed on
May 13, 2013
Sold by
Levin Robert M
Bought by
World Investment Network Llc

Purchase Details

Closed on
Aug 30, 2010
Sold by
Sonora West Development Inc
Bought by
Levin Robert M

Purchase Details

Closed on
Jun 13, 2007
Sold by
Karam Julia A
Bought by
Sonora West Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.66%
Mortgage Type
Unknown
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
Verstraete Mikaela Lyrea $3,870,000 Equity Title Agency Inc
Shaw Gary Lee $2,900,000 Equity Title Agency Inc
Rankin Lance $3,100,000 First American Title Ins Co
World Investment Network Llc $750,000 Magnus Title Agency
Levin Robert M $409,000 Thomas Title & Escrow
Sonora West Development Inc $1,200,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verstraete Mikaela Lyrea $2,709,000
Previous Owner Shaw Gary Lee $2,320,000
Previous Owner Sonora West Development Inc $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Rented $18,000 0.0% --
02/05/2024 02/05/24 Under Contract -- -- --
02/01/2024 02/01/24 Price Changed $18,000 -28.0% $3 / Sq Ft
01/26/2024 01/26/24 For Rent $25,000 0.0% --
04/12/2021 04/12/21 Sold $3,870,000 +0.5% $553 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/07/2021 02/07/21 For Sale $3,850,000 +32.8% $550 / Sq Ft
09/13/2018 09/13/18 Sold $2,900,000 -9.2% $414 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
04/19/2018 04/19/18 Price Changed $3,195,000 -1.7% $456 / Sq Ft
04/05/2018 04/05/18 Price Changed $3,249,000 -0.8% $464 / Sq Ft
12/15/2017 12/15/17 For Sale $3,275,000 +5.6% $468 / Sq Ft
11/23/2016 11/23/16 Sold $3,100,000 -11.3% $443 / Sq Ft
05/07/2016 05/07/16 For Sale $3,495,000 -- $499 / 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 $15,778 $200,750 -- --
2024 $14,861 $191,191 -- --
2023 $14,861 $361,230 $72,240 $288,990
2022 $14,229 $280,910 $56,180 $224,730
2021 $14,769 $280,020 $56,000 $224,020
2020 $14,542 $252,520 $50,500 $202,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6655847

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-20-002L