NOT LISTED FOR SALE

Estimated Value: $1,702,000 - $2,497,000

3 Beds
3 Baths
2,478 Sq Ft
$803/Sq Ft Est. Value

Last Sold February 14, 2018

Last sale price $933,000 $377 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $11,145/month

212 Days on Market

Highlights

  • Private Pool
  • 1.21 Acre Lot
  • Hydromassage or Jetted Bathtub
  • Hopi Elementary School Rated A
  • Mountain View
  • 1 Fireplace

About This Home

As of February 2018

There is SO MUCH potential in this large 1.2 acre, flat lot situated on the South side of Camelback Mountain. An amazing opportunity for any buyer- whether you are looking for a light remodel or the ability to build the custom home of your dreams- this is it! The existing mid-century modern home is charming with 3 bedrooms plus an office, bonus room and a pool. Spectacular views of Camelback Mountain and the potential for Downtown Phoenix views as well- this is one not to be missed!
Renderings and floor plan are of potential property that could be built in keeping within the current footprint of the home.

Last Agent to Sell the Property

Jennifer Kourouglos

Compass License #SA640623000 Listed on: 05/01/2017

Compass

Co-Listed By

Samantha Moore

Compass License #SA652210000

Last Buyer's Agent

Dawn Kelly

Compass License #SA648002000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,163

Year Built

  • Built in 1958

Lot Details

  • 1.21 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Circular Driveway

Home Design

  • Shake Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,478 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Above Ground Spa

Outdoor Features

  • Patio

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Highlands 3 Subdivision

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 172-15-060

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,163

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 56th Street and Camelback
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1958
  • Tax Year: 2015
  • Directions: North on 56th Street from Camelback, West on Rockridge, South on Palomino.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.21
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: HIGHLANDS 3
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: Above Ground
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2478.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: See Remarks, Other, Block
  • Exterior Features: Circular Drive, Patio, Private Street(s)
  • Lot Features: Corner Lot, Natural Desert Back, Grass Back, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Block
  • Roof: Shake
  • Construction:Block: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • 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

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: 52533.0
  • Parcel #: 172-15-060
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 5163.0
  • Tax Book Number: 172.00
  • Tax Lot: 58
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Feb 12, 2018
Sold by
Monti Denise Alves
Bought by
Rea Perry J and Rea Brenda F
Seller's Agent
Jennifer Kourouglos
Compass
Buyer's Agent
Dawn Kelly
Compass
List Price
$1,060,000
Sold Price
$933,000
Premium/Discount to List
-$127,000
-11.98%
Current Estimated Value
$1,990,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,057,177
Avg. Annual Appreciation
10.44%
Original Mortgage
$699,750
Outstanding Balance
$594,759
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,395,418

Purchase Details

Closed on
Apr 26, 2006
Sold by
Monti Michael L
Bought by
Monti Denise Alves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 1997
Sold by
Seror Carole
Bought by
Alves Monti Michael L and Alves Monti Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
9.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rea Perry J $933,000 Greystone Title Agency Llc
Monti Denise Alves -- North American Title Co
Alves Monti Michael L $420,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rea Perry J $699,750
Previous Owner Monti Denise Alves $359,000
Previous Owner Alves Monti Michael L $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2018 02/14/18 Sold $933,000 -6.2% $377 / Sq Ft
10/02/2017 10/02/17 Price Changed $995,000 -0.5% $402 / Sq Ft
05/07/2017 05/07/17 Price Changed $999,999 -5.7% $404 / Sq Ft
05/01/2017 05/01/17 For Sale $1,060,000 0.0% $428 / Sq Ft
02/15/2013 02/15/13 Rented $3,495 -7.9% --
02/01/2013 02/01/13 Under Contract -- -- --
08/14/2012 08/14/12 For Rent $3,795 -- --
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 $7,119 $90,579 $90,579 --
2024 $6,976 $86,265 $86,265 --
2023 $6,976 $147,885 $147,885 $0
2022 $6,691 $113,370 $113,370 $0
2021 $6,935 $111,255 $111,255 $0
2020 $6,832 $111,930 $111,930 $0
2019 $6,576 $110,805 $110,805 $0
2018 $5,828 $76,000 $15,200 $60,800
2017 $5,576 $72,430 $14,480 $57,950
2016 $5,417 $59,350 $11,870 $47,480
2015 $5,163 $59,060 $11,810 $47,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5598807

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-15-060