NOT LISTED FOR SALE

Estimated Value: $4,836,000 - $8,059,437

7 Beds
5.5 Baths
8,262 Sq Ft
$799/Sq Ft Est. Value

Last Sold June 07, 2017

Last sale price $3,300,000 $399 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $35,472/month

231 Days on Market

Highlights

  • Guest House
  • Heated Pool
  • Sitting Area In Primary Bedroom
  • Hopi Elementary School Rated A
  • RV Gated
  • City Lights View

About This Home

As of June 2017

Hidden behind a beautiful gated entry
and up a trellised path of arched bougainvilleas lies one of our
city's treasured estates. Eye catching finish detail from the finest
local and national artisans. Sitting on the south slope of Camelback
Mountain, this 5 bedroom main house and 2 bedroom guest house property
is one to remember. Architectural and design highlights include: hand
plastered walls, extensive mesquite
mill work, custom iron lighting, Hope steel cased doors, hand crafted
Spanish concrete tiles throughout. Gourmet kitchen includes Vermont
Soap Stone, Spekva island and large butler's pantry. 5000 bottle wine
cellar accessed by stairs or elevator. Incredibly romantic and private
grounds provide the perfect setting for intimate or large scale
entertaining!

Last Agent to Sell the Property

Leslie Jenkins

Russ Lyon Sotheby's International Realty License #SA524255000 Listed on: 09/16/2016

Russ Lyon Sotheby's International Realty

Co-Listed By

Joe Bushong

Russ Lyon Sotheby's International Realty License #SA558366000

Last Buyer's Agent

Cheryl Anderson

Russ Lyon Sotheby's International Realty License #SA114710000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,159

Year Built

  • Built in 1943

Lot Details

  • 1.72 Acre Lot
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 4 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Gated

Property Views

  • City Lights
  • Mountain

Home Design

  • Santa Barbara Architecture
  • Brick Exterior Construction
  • Tile Roof
  • Adobe

Interior Spaces

  • 8,262 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Security System Owned
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Pool
  • Fence Around Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Gazebo
  • Playground

Additional Homes

  • Guest House

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 172-18-052-A

Community Details

Overview

  • No Home Owners Association
  • Royal Palm Estates Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,159

Year Built

Built in 1943

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Camelback & Arcadia Drive
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Recreation Center Paid Frequency: Annually
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1943
  • Spa Private: Yes
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.72
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: Royal Palm Estates
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Appraiser
  • General Property Description:PriceSqFt: 399.42
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Special Features: VirtualTour

Interior Features

  • Spa Features: Heated, Private
  • Total Bedrooms: 7
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Fire Pit, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Upstairs, Walk-In Closet(s), Eat-in Kitchen, Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 8262.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Covered Patio(s), Playground, Gazebo/Ramada, Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front
  • Pool Features: Fenced, Heated, Private
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Other, See Remarks, Adobe, Brick
  • Other Structures: Guest House
  • Roof: Tile
  • Construction:Other (See Remarks)23: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Construction:Adobe: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Rear Vehicle Entry, RV Gate, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Rear Vehicle Entry: 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

  • Community Features: Playground
  • 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: 75056.0
  • Parcel #: 172-18-052-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 13159.0
  • Tax Book Number: 172.00
  • Tax Lot: 30
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
May 20, 2017
Sold by
Louis Timothy C and Louis Amy H
Bought by
Stearns David R and Stearns Kristina Britt
Seller's Agent
Leslie Jenkins
Russ Lyon Sotheby's International Realty
Buyer's Agent
Cheryl Anderson
Russ Lyon Sotheby's International Realty
List Price
$3,990,000
Sold Price
$3,300,000
Premium/Discount to List
-$690,000
-17.29%
Current Estimated Value
$6,602,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,302,812
Avg. Annual Appreciation
8.36%
Original Mortgage
$2,475,000
Outstanding Balance
$2,023,495
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,579,317

Purchase Details

Closed on
Jul 10, 2009
Sold by
Emtc Llc
Bought by
Louis Timothy C and Louis Amy H

Purchase Details

Closed on
Dec 6, 2005
Sold by
Emtc Llc
Bought by
Louis Timothy and Louis Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 10, 2005
Sold by
Vatistas Tasha Faye
Bought by
Vatistas John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 1, 2003
Sold by
Wattis Candis G
Bought by
Wattis Rodney W

Purchase Details

Closed on
Feb 13, 2002
Sold by
Vatistas Tasha
Bought by
Vatistas John N

Purchase Details

Closed on
Jan 25, 1999
Sold by
Wattis Rodney W
Bought by
Wattis Rodney W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,661,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1998
Sold by
Wattis Rodney W
Bought by
Hald Alan and Hald Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,661,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 1998
Sold by
Wattis Candis
Bought by
Wattis Rodney W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,661,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 1998
Sold by
Northern Trust Bank Of Arizona Na
Bought by
Wattis Rodney W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,661,000
Interest Rate
6.69%
Mortgage Type
New Conventional
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
Stearns David R $3,300,000 First American Title Insuran
Louis Timothy C -- None Available
Louis Timothy -- Camelback Title Agency Llc
Vatistas John -- Camelback Title Agency Llc
Wattis Rodney W -- Transnation Title Insurance
Wattis Rodney W -- Transnation Title Insurance
Vatistas John N -- Arizona Title Agency Inc
Wattis Rodney W -- --
Hald Alan $1,350,000 Century Title Agency Inc
Wattis Rodney W -- Century Title Agency Inc
Wattis Rodney W -- Century Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stearns David R $2,475,000
Previous Owner Louis Timothy $1,000,000
Previous Owner Vatistas John $500,000
Previous Owner Hald Alan $1,661,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2017 06/07/17 Sold $3,300,000 -5.4% $399 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
04/25/2017 04/25/17 Price Changed $3,490,000 -6.9% $422 / Sq Ft
03/22/2017 03/22/17 Price Changed $3,750,000 -3.1% $454 / Sq Ft
02/16/2017 02/16/17 Price Changed $3,870,000 -3.0% $468 / Sq Ft
09/16/2016 09/16/16 For Sale $3,990,000 -- $483 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $14,215 $229,664 -- --
2024 $17,088 $218,728 -- --
2023 $17,088 $242,120 $48,420 $193,700
2022 $16,365 $211,860 $42,370 $169,490
2021 $16,983 $227,210 $45,440 $181,770
2020 $16,723 $193,010 $38,600 $154,410
2019 $16,075 $193,550 $38,710 $154,840
2018 $15,435 $193,270 $38,650 $154,620
2017 $14,806 $197,130 $39,420 $157,710
2016 $14,409 $208,400 $41,680 $166,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5498519

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-18-052A