NOT LISTED FOR SALE

Estimated Value: $2,554,483 - $3,165,000

3 Beds
3 Baths
3,283 Sq Ft
$844/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $2,875,000 $876 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $15,054/month

5 Days on Market

Highlights

  • 1.04 Acre Lot
  • No HOA
  • Cooling Available
  • Hopi Elementary School Rated A
  • Fireplace
  • Grass Covered Lot

About This Home

As of March 2022

Welcome to Arcadia! This is the only home in 85018 for under $5,000,000 that sits on a 1 acre lot. This custom manor nestles in the center of mature landscape that gives privacy and exclusivity with unobstructed views of Camelback Mountain. This property is rare for a number of reasons one being that the house is entirely made of brick giving excellent insulation.
Inside you'll find 3 wood burning fire places along with large vaulted ceilings through out the main living space. Beautiful arched door ways that lead out to the back patio where you'll find plenty of space to add whatever yard features you find pleasing.
Endless potential and priced as the most affordable acre home in all Arcadia.
Reviewing offers as they come in so don't wait! This truly is a one of a kind.

Last Agent to Sell the Property

Austin Merrell

Realty ONE Group License #SA672567000 Listed on: 03/02/2022

Last Buyer's Agent

Dora Salazar

West USA Realty License #SA645464000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,450

Year Built

  • Built in 1979

Lot Details

  • 1.04 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 3 Car Garage

Home Design

  • Shake Roof

Interior Spaces

  • 3,283 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Schools

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

Utilities

  • Cooling Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • White Gates Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 172-18-017-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,450

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Arcadia and Camelback
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1979
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.04
  • Subdivision Name: WHITE GATES
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 875.72
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplace: Yes
  • Interior Amenities: See Remarks
  • Living Area: 3283.0
  • Stories: 1
  • Kitchen Features:None42: Yes
  • Community Features:See Remarks2: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back, Irrigation Front, Irrigation Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Other (See Remarks), Seller Discl Avail
  • Construction Type: Other
  • Roof: Shake

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Utilities: Other
  • Cooling: Other
  • Heating: See Remarks
  • Laundry Features: See Remarks
  • Cooling Y N: Yes
  • Water Source: City Water
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • 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: 45444.0
  • Parcel #: 172-18-017-A

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 5450.0
  • Tax Book Number: 172.00
  • Tax Lot: 15
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Mar 14, 2022
Sold by
Merrell Property Investments Llc
Bought by
Chacon Jesus Salvador Seg and Martinez Margarita Baca
Seller's Agent
Austin Merrell
Realty ONE Group
Buyer's Agent
Dora Salazar
West USA Realty
List Price
$2,725,000
Sold Price
$2,875,000
Premium/Discount to List
$150,000
5.5%
Current Estimated Value
$2,769,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$105,629
Avg. Annual Appreciation
-0.99%
Original Mortgage
$1,966,500
Outstanding Balance
$1,872,684
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$896,687

Purchase Details

Listed on
Oct 15, 2021
Closed on
Nov 3, 2021
Sold by
Nowell William David and Wanda D Nowell Revocable Trust
Bought by
Merrell Property Investments Llc
Seller's Agent
Licia Nowell
HomeSmart
Buyer's Agent
Austin Merrell
Realty ONE Group
List Price
$1,700,000
Sold Price
$1,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
284.68%
Original Mortgage
$1,810,000
Interest Rate
3.01%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 20, 2002
Sold by
Nowell Wanda D
Bought by
Nowell Wanda D and Wanda D Nowell Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.89%

Purchase Details

Closed on
Nov 19, 2002
Sold by
Nowell Wanda D
Bought by
Nowell Wanda D and Nowell Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.89%

Purchase Details

Closed on
Aug 12, 1999
Sold by
Nowell Wanda
Bought by
Nowell Wanda D and Wanda D Nowell Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chacon Jesus Salvador Seg $2,875,000 Premier Title
Merrell Property Investments Llc $1,700,000 Premier Title Agency
Nowell Wanda D -- First American Title
Nowell Wanda D -- First American Title
Nowell Wanda D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chacon Jesus Salvador Seg $1,966,500
Previous Owner Merrell Property Investments Llc $1,810,000
Previous Owner Nowell Wanda D $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2022 03/24/22 Sold $2,875,000 +5.5% $876 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $2,725,000 +60.3% $830 / Sq Ft
11/03/2021 11/03/21 Sold $1,700,000 0.0% $518 / Sq Ft View Prior Sale
10/28/2021 10/28/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $1,700,000 -- $518 / 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 $6,535 $79,018 -- --
2024 $6,086 $75,255 -- --
2023 $6,086 $130,710 $26,140 $104,570
2022 $5,837 $102,380 $20,470 $81,910
2021 $5,450 $83,250 $16,650 $66,600
2020 $5,360 $98,620 $19,720 $78,900
2019 $5,137 $84,450 $16,890 $67,560
2018 $4,917 $70,120 $14,020 $56,100
2017 $4,701 $68,280 $13,650 $54,630
2016 $4,564 $57,010 $11,400 $45,610
2015 $4,134 $56,410 $11,280 $45,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6360184

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-18-017A