NOT LISTED FOR SALE

Estimated Value: $4,679,000 - $5,156,000

5 Beds
4.5 Baths
5,945 Sq Ft
$838/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $2,150,000 $362 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $28,805/month

132 Days on Market

Highlights

  • Private Pool
  • 0.38 Acre Lot
  • Mountain View
  • Hopi Elementary School Rated A
  • Two Primary Bathrooms
  • Fireplace in Primary Bedroom

About This Home

As of February 2017

Newer construction in the heart of Arcadia. Built in 2014 but still feels brand new. Very comfortable floor plan combined w/the highest quality finishes. Stunning curb appeal & front porch living that suites the Arcadia lifestyle. The dramatic entry & foyer set the tone while the gourmet kitchen is an absolute dream. The great room is big enough for large scale entertaining, but cozy enough to stretch out & enjoy a movie w/the family. The formal dining room is stunning, & the game room is truly spectacular! It even has a full restaurant style wet bar. Oversized home office & five generous bedrooms including a spa like master retreat. Meticulous wood flooring, furniture grade cabinetry, custom tile, significant millwork, impeccable marble & much more. Wired for ''smart'' living!

Last Agent to Sell the Property

Shane Ashcraft

Russ Lyon Sotheby's International Realty License #SA549953000 Listed on: 10/02/2016

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Sheehan Siegel

Compass License #SA625040000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,355

Year Built

  • Built in 2014

Lot Details

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

Parking

  • 3 Car Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shake Roof
  • Stucco

Interior Spaces

  • 5,945 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Laundry in unit

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Fire Sprinkler System

Outdoor Features

  • Private Pool
  • Balcony
  • Covered patio or porch
  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Del Ray Estates Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 171-31-022-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,355

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 46th Street and Camelback Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2014
  • Tax Year: 2015
  • Directions: South on 46th St. to Exeter, West to 45th Pl. & turn right to property on the right.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.38
  • Subdivision Name: DEL RAY ESTATES
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Spa Features: None
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Fire Pit, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Upstairs, Eat-in Kitchen, Breakfast Bar, Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 5945.0
  • Stories: 2
  • Window Features: Wood Frames, Double Pane Windows, Low Emissivity Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio, 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, Irrigation Front, Irrigation Back
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Frame - Wood
  • Roof: Shake
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, Extnded Lngth Garage, Tandem
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside
  • 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: 16609.0
  • Parcel #: 171-31-022-A
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 8355.0
  • Tax Book Number: 171.00
  • Tax Lot: 22
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2019
Sold by
Melhado Matthew J
Bought by
The Matthew Melhado Living Trust
Current Estimated Value
$4,983,898

Purchase Details

Closed on
Jun 17, 2016
Sold by
Bryson Christopher S and Bryson Katinka M
Bought by
Melhado Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2015
Closed on
Aug 5, 2015
Sold by
Hawkins Benjamin E
Bought by
The Christopher S Bryson & Katinka M Bry and Bryson Katinka M
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Bobby Lieb
HomeSmart
List Price
$2,495,000
Sold Price
$2,240,000
Premium/Discount to List
-$255,000
-10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$1,792,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2013
Closed on
Mar 26, 2013
Sold by
Hawkins Benjamin E
Bought by
Hawkins Benjamin E and Falco Living Trust
Seller's Agent
Howard McClure
Keller Williams Realty Sonoran Living
Buyer's Agent
Megan Kincaid
eXp Realty
List Price
$669,000
Sold Price
$645,000
Premium/Discount to List
-$24,000
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.10%
Original Mortgage
$417,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2013
Closed on
Mar 19, 2013
Sold by
Mcclure Anne
Bought by
Hawkins Benjamin E
Seller's Agent
Howard McClure
Keller Williams Realty Sonoran Living
Buyer's Agent
Megan Kincaid
eXp Realty
List Price
$669,000
Sold Price
$645,000
Premium/Discount to List
-$24,000
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2006
Sold by
Rickard David M and Rickard Matilad E
Bought by
Mcclure Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2006
Sold by
Mcclure Brian
Bought by
Mcclure Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2006
Sold by
Rickard David M and Rickard Matilda E
Bought by
Rickard David M and Rickard Matilda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1995
Sold by
Rickard David M and Rickard Matilda E
Bought by
Rickard David M and Rickard Matilda E
Source: Public Records

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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
The Matthew Melhado Living Trust -- None Available
Melhado Matthew J $2,150,000 Chicago Title Agency
The Christopher S Bryson & Katinka M Bry $2,240,000 Metropolitan Title Agency Ll
Hawkins Benjamin E -- Fidelity National Title Agen
Hawkins Benjamin E $645,000 Fidelity National Title Agen
Mcclure Anne $837,500 Tsa Title Agency
Mcclure Anne -- Tsa Title Agency
Rickard David M -- Security Title Agency Inc
Rickard David M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melhado Matthew Jason $1,583,000
Closed Melhado Matthew Jason $1,604,000
Previous Owner Melhado Matthew J $1,720,000
Previous Owner The Christopher S Bryson & Katinka M Bry $1,792,000
Previous Owner The Falco Living Trust $1,200,000
Previous Owner Hawkins Benjamin E $417,000
Previous Owner Mcclure Anne $660,000
Previous Owner Mcclure Anne $660,000
Previous Owner Rickard David M $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $2,150,000 -13.7% $362 / Sq Ft
11/17/2016 11/17/16 Price Changed $2,490,000 -1.2% $419 / Sq Ft
10/01/2016 10/01/16 For Sale $2,519,000 +12.5% $424 / Sq Ft
08/10/2015 08/10/15 Sold $2,240,000 -10.2% $377 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $2,495,000 +286.8% $420 / Sq Ft
03/27/2013 03/27/13 Sold $645,000 -3.6% $250 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $669,000 +3.7% $260 / Sq Ft
02/04/2013 02/04/13 Off Market $645,000 -- --
02/01/2013 02/01/13 For Sale $669,000 -- $260 / 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 $12,490 $166,544 -- --
2024 $12,227 $158,613 -- --
2023 $12,227 $264,070 $52,810 $211,260
2022 $11,702 $203,650 $40,730 $162,920
2021 $12,150 $203,410 $40,680 $162,730
2020 $11,962 $182,030 $36,400 $145,630
2019 $11,492 $175,050 $35,010 $140,040
2018 $11,028 $144,000 $28,800 $115,200
2017 $10,572 $150,280 $30,050 $120,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5505331

Arizona Regional Multiple Listing Service (ARMLS)

APN: 171-31-022A