Seller's Agent in 2012
Jan Atwater
HomeSmart
(602) 301-3024
4 Total Sales
5050 E Red Rock Dr Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated Value: $3,601,000 - $6,456,078
5
Beds
7.5
Baths
7,807
Sq Ft
$621/Sq Ft
Est. Value
Highlights
- Heated Spa
- City Lights View
- Family Room with Fireplace
- Hopi Elementary School Rated A
- 1.1 Acre Lot
- Private Yard
About This Home
As of May 2012As a remarkable Valley Landmark the ''Castle'' proudly reigns atop one of the highest estate lots on the south slope of Camelback Mountain. This famous property has limitless potential with it's unparalleled, panaramic canyon location, city lights, forever unobstructed views. 30' walls of native stone carved from the mountain, private entry courtyard. Structure begs for creative updating; 16' Waterfall/Fireplace, Indoor/Spa, Hidden Nook/Corridors/Passageways. Unique 700' ''Dungeon'' might be a fantastic Wine Cellar/Bar. Historic Fox Theater balconies may remain. Seller has contracted a local architect to sketch exciting ideas marrying ''Old World'' drama with mountainside Tuscany; incorporating an Extraordinary Living Area, Kitchen, Patios & Negative Edge Pool overlooking kingdom below!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,109
Year Built
- Built in 1977
Lot Details
- 1.1 Acre Lot
- Desert faces the front and back of the property
- Private Yard
Property Views
- City Lights
- Mountain
Home Design
- Fixer Upper
- Foam Roof
- Block Exterior
- Stone Exterior Construction
Interior Spaces
- 7,807 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
Flooring
- Stone
- Concrete
Bedrooms and Bathrooms
- 5 Bedrooms
- 7.5 Bathrooms
Parking
- 2 Open Parking Spaces
- 4 Carport Spaces
- Side or Rear Entrance to Parking
Pool
- Heated Spa
Schools
- Hopi Elementary School
- Ingleside Middle School
- Arcadia High School
Utilities
- Refrigerated Cooling System
- Zoned Heating
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by Custom
- Red Rock North Subdivision
Listing and Financial Details
- Tax Lot 59
- Assessor Parcel Number 172-48-024-A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 26, 2012
Sold by
Pazderka Robert
Bought by
Bme V Llc
Current Estimated Value
Purchase Details
Listed on
Jan 18, 2012
Closed on
May 18, 2012
Sold by
Old Standard Life Insurance Company
Bought by
Pazderka Robert D
Seller's Agent
Jan Atwater
HomeSmart
Buyer's Agent
Jan Atwater
HomeSmart
List Price
$2,475,000
Sold Price
$1,450,000
Premium/Discount to List
-$1,025,000
-41.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$942,500
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 18, 2005
Sold by
Mitchell Jerry W
Bought by
Old Standard Life Insurance Co
Purchase Details
Closed on
Jan 2, 2002
Sold by
Camelback Castle Corp
Bought by
Mitchell Jerry W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,025,000
Interest Rate
6.8%
Purchase Details
Closed on
Sep 21, 1998
Sold by
Mitchell Jerry
Bought by
Camelback Castle Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
10.5%
Purchase Details
Closed on
Sep 10, 1998
Sold by
Camelback Castle Corp
Bought by
Mitchell Jerry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
10.5%
Purchase Details
Closed on
Jan 19, 1995
Sold by
Gibbons Gregg Clarke
Bought by
Camelback Castle Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
9.16%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 12, 1995
Sold by
Gibbons Janice C
Bought by
Gibbons Gregg Clarke
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
9.16%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 21, 1994
Sold by
Sherrif Of Maricopa County
Bought by
Gibbons Gregg Clarke
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
9.16%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bme V Llc | -- | None Available | |
| Pazderka Robert D | $1,450,000 | First American Title Ins Co | |
| Old Standard Life Insurance Co | $2,625,000 | Great American Title Agency | |
| Mitchell Jerry W | -- | Capital Title Agency Inc | |
| Camelback Castle Corp | -- | -- | |
| Mitchell Jerry | -- | Security Title Agency | |
| Camelback Castle Corp | -- | -- | |
| Gibbons Gregg Clarke | -- | -- | |
| Gibbons Gregg Clarke | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pazderka Robert D | $942,500 | |
| Previous Owner | Mitchell Jerry W | $3,025,000 | |
| Previous Owner | Mitchell Jerry | $1,200,000 | |
| Previous Owner | Camelback Castle Corp | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/24/2012 05/24/12 | Sold | $1,450,000 | -41.4% | $186 / Sq Ft |
| 04/05/2012 04/05/12 | Pending | -- | -- | -- |
| 01/18/2012 01/18/12 | For Sale | $2,475,000 | -- | $317 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $15,128 | $183,831 | -- | -- |
| 2024 | $14,158 | $175,077 | -- | -- |
| 2023 | $14,158 | $234,800 | $46,960 | $187,840 |
| 2022 | $13,579 | $158,800 | $31,760 | $127,040 |
| 2021 | $14,844 | $159,510 | $31,900 | $127,610 |
| 2020 | $14,747 | $153,180 | $30,630 | $122,550 |
| 2019 | $14,240 | $154,180 | $30,830 | $123,350 |
| 2018 | $13,694 | $148,230 | $29,640 | $118,590 |
| 2017 | $13,156 | $149,470 | $29,890 | $119,580 |
| 2016 | $12,817 | $166,350 | $33,270 | $133,080 |
| 2015 | $12,370 | $126,760 | $25,350 | $101,410 |
Source: Public Records
Agents Affiliated with this Home
-
Jan Atwater
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4705639
APN: 172-48-024A
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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