5002 N 38th Place Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated payment $7,560/month
Highlights
- Lap Pool
- Two Primary Bathrooms
- Granite Countertops
- Phoenix Coding Academy Rated A
- Corner Lot
- No HOA
About This Home
RATE BUYDOWN SELLER CREDIT to 4.75 - 5.75% range. Reduce your mortgage payments for the first 2 years on Approved Credit. INVESTORS, check out the Documents Tab with the $228,000 projected Short Term Rental Proforma. WELCOME to this stunning 5-bedroom, 3.5-bathroom designer residence offering over 2,800 sq. ft. of modern luxury living in the highly desirable Arcadia Camelback Villa Estates that sits just 5 blocks from world-famous Old Town Scottsdale and its vibrant dining, nightlife, and shopping scene.This unique property is designed to impress both homeowners and investors with a rare dual-master suite layout, a spacious split floor plan, and resort-style outdoor amenities. The Home Highlights Two Master Suites, located on opposite wings of the home, each with private spa-style bathrooms featuring soaking tubs, walk-in showers, and direct pool access. Step into the Gourmet Kitchens where you will see Dual kitchen spaces open into a sunken living room, creating seamless indoor-outdoor entertaining flow. Guests will love the RESORT STYLE Backyard featuring a Heated Pebble-Tec pool & spa, multicolor light fountain, lush mature landscaping, multiple lounge areas, and a large covered patio offering total privacy. Additional Features include a Wine fridge, built-in laundry cabinetry, spacious 2-car garage, and beautifully updated designer finishes throughout. This Prime Location is nestled in Arcadia, one of Phoenix's most sought-after neighborhoods and the property is minutes from Camelback Mountain hiking, high-end restaurants, boutique shopping, and some of Arizona's most exciting breweries and entertainment. HUGE Investor Appeal, With its fully remodeled interiors, dual kitchens, multiple en-suite bedrooms, and resort backyard, this home is a turnkey furnished rental opportunity. Its proximity to Old Town makes it highly desirable for short-term rental guests seeking upscale Scottsdale experiencesoffering strong cash flow potential from day one. This home blends luxury family living with exceptional investment potential. Whether you're seeking a forever home in the heart of Scottsdale or a profitable fully furnished turnkey asset in Arizona's hottest rental market, this property delivers.
Listing Agent
Property Management Real Estate License #SA665601000 Listed on: 09/18/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,745
Year Built
- Built in 1963
Lot Details
- 10,145 Sq Ft Lot
- Desert faces the back of the property
- Block Wall Fence
- Corner Lot
- Backyard Sprinklers
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- 2,823 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Concrete Flooring
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Electric Oven
- Electric Cooktop
- Built-In Microwave
- Granite Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- Two Primary Bathrooms
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
- Bathtub With Separate Shower Stall
Pool
- Lap Pool
- Heated Spa
- Above Ground Spa
Outdoor Features
- Covered Patio or Porch
Schools
- The Creighton Academy Elementary And Middle School
- Camelback High School
Utilities
- Central Air
- Heating Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Camelback Villa Estates Subdivision, Custom Floorplan
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 170-16-018-A
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,969 | $46,758 | -- | -- |
| 2024 | $6,009 | $44,532 | -- | -- |
| 2023 | $6,009 | $63,010 | $12,600 | $50,410 |
| 2022 | $5,773 | $49,720 | $9,940 | $39,780 |
| 2021 | $5,914 | $44,070 | $8,810 | $35,260 |
| 2020 | $5,769 | $40,880 | $8,170 | $32,710 |
| 2019 | $5,729 | $43,110 | $8,620 | $34,490 |
| 2018 | $5,611 | $41,820 | $8,360 | $33,460 |
| 2017 | $5,394 | $34,520 | $6,900 | $27,620 |
| 2016 | $5,186 | $37,480 | $7,490 | $29,990 |
| 2015 | $4,282 | $37,280 | $7,450 | $29,830 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/18/2025 09/18/25 | For Sale | $1,350,000 | +50.2% | $478 / Sq Ft | |
| 04/26/2021 04/26/21 | Sold | $899,000 | 0.0% | $318 / Sq Ft | View Prior Sale |
| 03/16/2021 03/16/21 | Pending | -- | -- | -- | |
| 01/28/2021 01/28/21 | For Sale | $899,000 | +71.2% | $318 / Sq Ft | |
| 12/14/2018 12/14/18 | Sold | $525,000 | 0.0% | $186 / Sq Ft | View Prior Sale |
| 11/19/2018 11/19/18 | Pending | -- | -- | -- | |
| 11/15/2018 11/15/18 | Price Changed | $525,000 | -11.8% | $186 / Sq Ft | |
| 11/11/2018 11/11/18 | Price Changed | $595,000 | -8.3% | $211 / Sq Ft | |
| 11/06/2018 11/06/18 | Price Changed | $649,000 | -7.2% | $230 / Sq Ft | |
| 09/26/2018 09/26/18 | Price Changed | $699,000 | -6.8% | $248 / Sq Ft | |
| 08/23/2018 08/23/18 | Price Changed | $750,000 | -6.3% | $266 / Sq Ft | |
| 06/22/2018 06/22/18 | Price Changed | $800,000 | -3.0% | $283 / Sq Ft | |
| 06/05/2018 06/05/18 | Price Changed | $825,000 | -8.2% | $292 / Sq Ft | |
| 05/15/2018 05/15/18 | For Sale | $899,000 | 0.0% | $318 / Sq Ft | |
| 08/24/2015 08/24/15 | Rented | $2,850 | -1.7% | -- | |
| 08/10/2015 08/10/15 | Off Market | $2,900 | -- | -- | |
| 07/23/2015 07/23/15 | For Rent | $2,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $899,000 | Magnus Title Agency Llc | |
| Interfamily Deed Transfer | -- | Driggs Title Agency Inc | |
| Warranty Deed | $525,000 | Security Title Agency Inc | |
| Warranty Deed | $200,000 | Equity Title Agency Inc | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $719,200 | New Conventional | |
| Previous Owner | $584,500 | Construction | |
| Previous Owner | $510,000 | Purchase Money Mortgage | |
| Previous Owner | $193,000 | FHA | |
| Previous Owner | $381,900 | FHA |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6920530
APN: 170-16-018A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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