NOT LISTED FOR SALE

5124 E Palomino Rd Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $3,559,779 - $4,724,000

5 Beds
5.5 Baths
5,319 Sq Ft
$800/Sq Ft Est. Value

Highlights

  • Private Pool
  • 0.67 Acre Lot
  • Hydromassage or Jetted Bathtub
  • Hopi Elementary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of May 2024

This single story remodeled home sits on a flat 29,000 square foot lot with sweeping back-yard views of Camelback Mountain. It is located in a very desirable location closeto 44th St and Camelback Rd amenities and restaurants. It offers 5,319 square feet of living space that feels open and spacious. 5 bedrooms, 5.5 bathrooms, an office and a media/play room along with a four car garage.

Last Agent to Rent the Property

Tommy Atkinson

Realty ONE Group License #SA527127000 Listed on: 02/24/2024

Last Renter's Agent

Linda Lesser Nyquist

My Home Group Real Estate License #SA576565000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 0.67 Acre Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 4 Car Garage

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,319 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • 2 Fireplaces
  • Laundry in unit
  • Basement

Kitchen

  • Gas Cooktop
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Outdoor Fireplace

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Royal Palm Estates Subdivision

Listing and Financial Details

  • Property Available on 3/18/24
  • 12-Month Minimum Lease Term
  • Tax Lot 21
  • Assessor Parcel Number 172-18-043

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Parking

4

Rental Info

  • Available Date: 2024-03-18

Listing Details

  • Cross Street: Arcadia ( 48th Street) & Camelback
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2000
  • Non Assistive Animals: Call
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.67
  • Subdivision Name: ROYAL PALM ESTATES
  • Property Attached Yn: No
  • Laundry Features Inside: Yes
  • Water Source City Water2: Yes
  • Fireplace Features Fireplace Master Bdr2: Yes
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Furnished: Negotiable
  • Spa Features: Private
  • Appliances: Gas Cooktop
  • Total Bedrooms: 5
  • Fireplace Features: Exterior Fireplace, Fireplace Master Bdr, 2 Fireplaces
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Kitchen Island, Pantry, Full Bth Master Bdrm, Tub with Jets
  • Living Area: 5319.0
  • Stories: 1
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Fireplace Features Exterior Fireplace2: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Garage Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Call

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

  • Lot Size Sq Ft: 29368.0
  • Parcel #: 172-18-043

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 172.00
  • Tax Lot: 21
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2018
Sold by
Matanovich Jamie
Bought by
U S Bank Na
Current Estimated Value
$4,256,926

Purchase Details

Closed on
Jul 12, 2014
Sold by
Zerbib Michelle and Zerbib Michael
Bought by
Zerbib Michael

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
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2013
Sold by
The Mmz Trust and Zerbib Michael F
Bought by
Zerbib Michael F

Purchase Details

Closed on
Nov 1, 2012
Sold by
Zerbib Michael F
Bought by
The Mmz Trust and Zerbib Michael F

Purchase Details

Closed on
Sep 27, 1999
Sold by
Montecito Homes Inc
Bought by
Zerbib Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.5%

Purchase Details

Closed on
Aug 24, 1999
Sold by
Baker Street Holdings Llc
Bought by
Montecito Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.5%

Purchase Details

Closed on
Mar 29, 1999
Sold by
Folkestad David and Folkestad Nancy J
Bought by
Baker Street Holdings Llc

Purchase Details

Closed on
Feb 12, 1999
Sold by
Folkestad David and Folkestad Nancy J
Bought by
Folkestad David P and Folkestad Nancy J

Purchase Details

Closed on
May 29, 1996
Sold by
Royal Palm Llc
Bought by
Folkestad David and Folkestad Nancy J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
U S Bank Na $683,100 Accommodation
Zerbib Michael -- Magnus Title Agency
Zerbib Michael F -- None Available
The Mmz Trust -- None Available
Zerbib Michael F $495,000 Capital Title Agency
Montecito Homes Inc $490,000 Capital Title Agency Inc
Baker Street Holdings Llc -- Capital Title Agency Inc
Baker Street Holdings Llc $430,000 First American Title
Folkestad David P -- --
Folkestad David $275,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zerbib Michael $1,200,000
Previous Owner Zerbib Michael F $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Rented $15,000 0.0% --
02/28/2024 02/28/24 Under Contract -- -- --
02/25/2024 02/25/24 For Rent $15,000 -- --
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 $16,165 $203,718 -- --
2024 $15,090 $194,018 -- --
2023 $15,090 $217,400 $43,480 $173,920
2022 $14,448 $190,410 $38,080 $152,330
2021 $14,997 $198,820 $39,760 $159,060
2020 $14,766 $180,020 $36,000 $144,020
2019 $14,191 $178,000 $35,600 $142,400
2018 $13,624 $165,010 $33,000 $132,010
2017 $13,066 $162,360 $32,470 $129,890
2016 $12,713 $162,720 $32,540 $130,180
2015 $11,604 $133,770 $26,750 $107,020
Source: Public Records

Agents Affiliated with this Home

  • Tommy Atkinson

    Landlord's Agent in 2024

    Tommy Atkinson

    Realty One Group

    (602) 625-6020

    21 in this area

    47 Total Sales

    Tommy Atkinson
    Section Image
  • Linda Lesser Nyquist

    Tenant's Agent in 2024

    Linda Lesser Nyquist

    My Home Group

    (602) 284-1472

    2 in this area

    83 Total Sales

    Linda Lesser Nyquist
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6668571

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-18-043

Arizona Maricopa County Phoenix 85018 Camelback East Village

5124 E Palomino Rd, Phoenix, AZ

Not Listed for Sale

Detached

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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