NOT LISTED FOR SALE

Estimated Value: $878,000 - $1,409,000

3 Beds
3 Baths
2,192 Sq Ft
$507/Sq Ft Est. Value

Last Sold May 10, 2018

Last sale price $770,000 $351 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,373/month

22 Days on Market

Highlights

  • City Lights View
  • Clubhouse
  • End Unit
  • Kiva Elementary School Rated A
  • Contemporary Architecture
  • Granite Countertops

About This Home

As of May 2018

Location. MCM. Architectural. Lifestyle. Promises of midcentury modern homes—timeless beauty, details, indoor/outdoor, craftsmanship—are even more relevant today. Luxuriate at the end of a lush cul-de-sac in a masterwork of design remodeled to today’s standards by architect James Kottke. One of 12 authentic MCM townhomes by legendary commercial builders—Malouf Enterprises—4806 features 1100+ SF of outdoor living, concrete/block construction, 2 powder rooms & mother of pearl terrazzo. Front 32 homes are a later Dell Trailor design. Royale Gardens 1 offers architectural significance & history, a private drive, large oval pool & clubhouse. Walking distance to Fashion Square, Mercedes Benz, Postino, Scottsdale Waterfront & much more. Come see for yourself why this is a rare living opportunity.

Last Agent to Sell the Property

Aaron Carter

HomeSmart License #BR646960000 Listed on: 03/25/2018

HomeSmart

Co-Listed By

Michael Mosier

HomeSmart License #SA521783000

Last Buyer's Agent

Jason Witte

eXp Realty License #BR541188000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,458

Year Built

  • Built in 1963

Lot Details

  • 1,522 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Concrete Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,192 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Low Emissivity Windows
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near a bus stop

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block A / 2
  • Assessor Parcel Number 173-32-080

Community Details

Overview

  • Association fees include insurance, sewer, ground maintenance, street maintenance, front yard maint, trash, water, maintenance exterior
  • Southwest Comm. Mgmt Association, Phone Number (480) 657-9142
  • Built by Malouf Enterprises
  • Royale Gardens 1 Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,458

Year Built

Built in 1963

Lot Details

0

HOA Fees

$285 per month

Parking

2

Listing Details

  • Cross Street: N Scottsalde Road and E Camelback Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 285.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2018
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2018
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2018
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2018
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1963
  • Tax Year: 2017
  • Directions: Head north on N Scottsdale Road (0.3 mi). Head east onto E Rancho Vista Drive. Head south onto N 72nd Way (private drive). Follow drive to end of the cul-de-sac. Property is on the west side.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: ROYALE GARDENS 1
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Owner
  • Association Fees:HOA Fee2: 285.0
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2192.0
  • Stories: 2
  • Window Features: Low-E
  • ResoLivingAreaSource: Owner
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Kitchen Features Pantry: 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
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Patio, Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: See Remarks, Painted, Stucco, Block
  • Roof: Concrete, Foam
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Rear Vehicle Entry
  • 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
  • Parking Features:Rear Vehicle Entry: Yes

Utilities

  • Cooling: Programmable Thmstat, Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool Htd, Community Pool, Near Bus Stop, Biking/Walking Path, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 285.0
  • Association Fee Frequency: Monthly
  • Association Name: Royale Gardens 1 HOA
  • Phone: 480-657-9142
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Royale Gardens 1 HOA
  • Association Fees:HOA Telephone4: (480) 657-9142
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Southwest Comm. Mgmt
  • Association Fees:HOA Management Phone: (480) 657-9142
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Insurance, Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Maintenance Exterior

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1522.0
  • Parcel #: 173-32-080
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Malouf Enterprises

Tax Info

  • Tax Annual Amount: 2458.0
  • Tax Block: 2
  • Tax Book Number: 173.00
  • Tax Lot: A
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2018
Closed on
Apr 30, 2018
Sold by
Hemisphere Investments Llc
Bought by
Moyes Thomas
Seller's Agent
Aaron Carter
HomeSmart
Buyer's Agent
Jason Witte
eXp Realty
List Price
$825,000
Sold Price
$770,000
Premium/Discount to List
-$55,000
-6.67%
Total Days on Market
22
Current Estimated Value
$1,111,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,582
Avg. Annual Appreciation
5.06%
Original Mortgage
$295,000
Outstanding Balance
$256,982
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$833,744

Purchase Details

Closed on
Sep 14, 2016
Sold by
Murray Janice P
Bought by
Larson Curtis J

Purchase Details

Closed on
Oct 15, 2008
Sold by
Murray Eugene R and Murray Janice P
Bought by
Murray Janice P
Source: Public Records

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Range of Values:

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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
Moyes Thomas $770,000 Grand Canyon Title Agency
Hemisphere Investments Llc -- Grand Canyon Title Agency
Larson Curtis J $350,000 Grand Canyon Title Agency
Murray Janice P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemisphere Investments Llc $295,000
Open Moyes Thomas $770,000
Previous Owner Murray Eugene R $38,537
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2018 05/10/18 Sold $770,000 -6.7% $351 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
03/25/2018 03/25/18 For Sale $825,000 -- $376 / 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 $2,266 $39,791 -- --
2024 $2,661 $37,896 -- --
2023 $2,661 $62,530 $12,500 $50,030
2022 $2,525 $52,620 $10,520 $42,100
2021 $2,683 $47,550 $9,510 $38,040
2020 $2,659 $39,110 $7,820 $31,290
2019 $2,898 $34,710 $6,940 $27,770
2018 $2,153 $29,670 $5,930 $23,740
2017 $2,380 $29,280 $5,850 $23,430
2016 $1,991 $32,700 $6,540 $26,160
2015 $1,913 $32,970 $6,590 $26,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5742055

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-32-080