NOT LISTED FOR SALE

Estimated Value: $5,349,547 - $7,532,000

6 Beds
7 Baths
7,699 Sq Ft
$818/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $2,850,000 $370 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $36,945/month

9 Days on Market

Highlights

  • Guest House
  • Heated Pool
  • Mountain View
  • Hopi Elementary School Rated A
  • 1.03 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of July 2020

This beautiful home sits on a breathtaking lot on the most coveted street in Arcadia with absolutely exquisite mountain views. From the moment you arrive through the gracious entry, you'll be taken by the attention to detail and artistic design elements. The open floor plan is finished with fantastic taste, and includes a chef's kitchen with high end appliances, unique design and sleek surfaces, impeccable living spaces with wood and stone accents, oversized ensuite bedrooms including an outstanding master retreat, and an impressive temperature controlled wine room. Bold design statements including a floor to ceiling concrete and stone fireplace, custom built-in cabinetry, tongue and groove and wood beams, scored concrete and wood flooring, huge picture windows that showcase the impeccable setting, and dramatic custom lighting add to the home's special flair. The lush manicured grounds house a huge grassy yard, a fabulous pool and pool house, and a separate guest house, plus a four car garage. This sprawling residence is perfect for the family who enjoys upscale living and entertaining kids and adults alike. If you're looking for a great address, great neighbors, great schools, a great yard and a great house, this one has it all!

Last Agent to Sell the Property

Beth Thompson

Compass License #SA513208000 Listed on: 05/05/2020

Compass

Co-Listed By

Robert Joffe

Compass License #BR029057000

Last Buyer's Agent

Robin Orscheln

Compass License #SA542839000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,133

Year Built

  • Built in 2000

Lot Details

  • 1.03 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • 3 Carport Spaces
  • Garage Door Opener
  • Golf Cart Garage

Home Design

  • Tile Roof
  • Block Exterior
  • Stone Exterior Construction

Interior Spaces

  • 7,699 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Living Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 7 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Heated Pool
  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia 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

  • Tax Lot 28
  • Assessor Parcel Number 172-20-008-C

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Del Ray Estates 2 Subdivision

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,133

Year Built

Built in 2000

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Exeter and Arcadia Dr
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 7.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2000
  • Tax Year: 2019
  • Directions: From Camelback Rd, go south on Arcadia Drive to Exeter Blvd, then West on Exeter Blvd to home on the right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.03
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: DEL RAY ESTATES 2
  • Property Attached Yn: No
  • Tax Parcel Letter: C
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood, Concrete
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: 3+ Fireplace, Two Way Fireplace, Exterior Fireplace, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, 9+ Flat Ceilings, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 7699.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Fireplace:Gas Fireplace: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Fireplace:Two Way Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio, Sport Court(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stone, Block
  • Other Structures: Guest House
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 7.0
  • Parking Features: Electric Door Opener, Golf Cart Garage
  • Attached Garage: No
  • Carport Spaces: 3.0
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Golf Cart Garage: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
  • 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

Fee Information

  • Association Fee Includes: No Fees

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

  • Land Lease: No
  • Lot Size Sq Ft: 44653.0
  • Parcel #: 172-20-008-C
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 25133.0
  • Tax Book Number: 172.00
  • Tax Lot: 28
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Jun 25, 2020
Sold by
Vetter James A and Vetter Maureen S
Bought by
Grichuk Randal
Seller's Agent
Beth Thompson
Compass
Buyer's Agent
Robin Orscheln
Compass
List Price
$3,100,000
Sold Price
$2,850,000
Premium/Discount to List
-$250,000
-8.06%
Current Estimated Value
$6,300,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,450,516
Avg. Annual Appreciation
17.34%
Original Mortgage
$2,137,500
Outstanding Balance
$1,916,386
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$4,384,130

Purchase Details

Closed on
Nov 6, 2002
Sold by
Vetter James A and Vetter Maureen S
Bought by
Vetter James A and Vetter Maureen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
4.87%

Purchase Details

Closed on
Sep 15, 2000
Sold by
Vetter J Anthony and Vetter Maureen S
Bought by
Vetter James A and Vetter Maureen S

Purchase Details

Closed on
May 26, 1995
Sold by
Gasser Mark F and Gasser Nancy D
Bought by
Vetter J Anthony and Vetter Maureen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
7.5%
Mortgage Type
New Conventional
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
Grichuk Randal $2,850,000 Grand Canyon Title Agency
Vetter James A -- Grand Canyon Title Agency In
Vetter James A -- Grand Canyon Title Agency In
Vetter James A -- --
Vetter J Anthony $330,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grichuk Randal $2,137,500
Previous Owner Vetter James A $500,000
Previous Owner Vetter James A $811,000
Previous Owner Vetter James A $820,000
Previous Owner Vetter J Anthony $231,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $2,850,000 -8.1% $370 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $3,100,000 -- $403 / 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 $23,768 $310,041 -- --
2024 $26,344 $295,277 -- --
2023 $26,344 $383,620 $76,720 $306,900
2022 $25,242 $302,210 $60,440 $241,770
2021 $27,134 $307,320 $61,460 $245,860
2020 $26,134 $280,720 $56,140 $224,580
2019 $25,133 $285,680 $57,130 $228,550
2018 $24,145 $251,880 $50,370 $201,510
2017 $23,582 $260,960 $52,190 $208,770
2016 $22,959 $255,700 $51,140 $204,560
2015 $20,996 $239,330 $47,860 $191,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6074226

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-20-008C