NOT LISTED FOR SALE

Estimated Value: $6,973,000 - $8,604,000

6 Beds
9 Baths
8,528 Sq Ft
$940/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $6,000,000 $704 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $43,346/month

147 Days on Market

Highlights

  • Guest House
  • Heated Pool
  • City Lights View
  • Hopi Elementary School Rated A
  • RV Garage
  • 1.28 Acre Lot

About This Home

As of September 2021

NEW CONSTRUCTION - MOVE IN READY NOW!! Was under contract and buyer had to cancel. Buyer's loss, YOUR GAIN! Come and see this gorgeous Hamptons inspired Grey Stone Manor! Single level home with 24 ft vaulted ceilings in main living area. 7,739 sq ft main house with 799 sq ft Casita, and 12 car garage with RV door. CAR COLLECTOR or TOYS?? Did I mention the 2,616 sq ft garage? 4 tandem garage stalls in main garage and RV section of garage is 40 ft wide 42 ft long with 15 ft ceilings enough to hold all your toys or install car lifts and get as many as 10 cars parked inside PLUS a two car air-conditioned oversized garage 930 sq ft, that is perfect for a home gym. Every bedroom is ensuite with walk in closets and attached bathrooms however the actual master bedroom is a true masterpiece! Enormous fully built out master closet. Beautiful marble master bath with huge Steam Shower, enormous Jetted Tub, and make up Vanity. Master Bedroom & Fireplace. Other features include State of the Art Movie Theatre, Game room with wet bar and three TVs, fully automated Smart home with Crestron integrated lighting system, full house audio system, stunning 1044 bottle custom wine room and 3 laundry rooms. Moving outside you will find fully landscaped resort style yard, 5 hole putting green, pool with swim up bar, huge hot tub, covered BBQ/outdoor kitchen and sitting area, waterfall flowing from roof into pool, and separate fire pit area with gorgeous views of the Head of the Camel. True resort living! This one won't last long!!!!

Last Agent to Sell the Property

Wendy Lentz

Compass License #SA674505000 Listed on: 03/26/2021

Compass

Co-Listed By

Christopher Karas

Compass License #SA555869000

Last Buyer's Agent

Donald Dufek

RE/MAX Excalibur License #SA623436000

RE/MAX Excalibur

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,480

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 1.28 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 12 Car Direct Access Garage
  • 5 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Side or Rear Entrance to Parking
  • Tandem Parking
  • RV Garage

Property Views

  • City Lights
  • Mountain

Home Design

  • Designed by LR Nelson Architects
  • Roof Updated in 2021
  • Wood Frame Construction
  • Spray Foam Insulation
  • Composition Roof
  • Stone Exterior Construction

Interior Spaces

  • 8,528 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Kitchen Updated in 2021
  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Floors Updated in 2021
  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Bathroom Updated in 2021
  • Primary Bathroom is a Full Bathroom
  • 9 Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Home Security

  • Security System Owned
  • Smart Home

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment
  • North or South Exposure

Pool

  • Pool Updated in 2021
  • Heated Pool
  • Spa
  • Pool Pump
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Storage
  • Built-In Barbecue

Schools

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

Utilities

  • Cooling System Updated in 2021
  • Central Air
  • Heating System Uses Natural Gas
  • Plumbing System Updated in 2021
  • Wiring Updated in 2021
  • Tankless Water Heater
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Guest House

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Yonker Construction
  • Highlands 3 Subdivision

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 172-15-061

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,480

Year Built

Built in 2021 | Under Construction

Lot Details

1.28 Acres

Parking

12

Listing Details

  • Cross Street: N 53rd St and E Palomino Rd
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: LR Nelson
  • Cooling HVAC SEER Rating: 16
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2021
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2021
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2021
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2021
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2021
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2021
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2021
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2021
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2021
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.28
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: HIGHLANDS 3
  • Architectural Style: Other
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 703.56
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: Private
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Cooktop, Gas Stub for Range, Microwave, Gas Oven, Gas Range, Washer, Dryer, Water Softener Owned
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Gas, Exterior Fireplace, Fire Pit
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Tub with Jets, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Walk-in Pantry, Granite Counters, High Speed Internet, Smart Home, Vaulted Ceiling(s), 9+ Flat Ceilings, Wet Bar, No Interior Steps
  • Living Area: 8528.0
  • Stories: 1
  • Window Features: ENERGY STAR Qualified Windows, Wood Frames, Dual Pane, Low-Emissivity Windows

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage, Built-in Barbecue
  • Lot Features: Hillside Lot, North/South Exposure, Desert Front, Desert Back, Sprinklers In Front, Sprinklers In Rear, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Heated, Variable Speed Pump
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Common Walls: All on One Level, Poolside
  • Construction Type: Wood Frame, Steel Frame, Spray Foam Insulation, Painted, Stone
  • Other Structures: Guest House, Gazebo
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Property Condition: Under Construction
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 12.0
  • Parking Features: RV Access/Parking, RV Gated, Tandem, Over Height Garage, Extended Length Garage, Rear Vehicle Entry, Garage Door Opener, Circular Driveway, RV Garage, Direct Access
  • Attached Garage: No
  • Garage Spaces: 12.0
  • Open Parking Spaces: 5.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Programmable Thmstat, ENERGY STAR Qualified Equipment
  • Heating: Electric, Natural Gas
  • Laundry Features: Inside, Gas Dryer Hookup
  • Security: Security System Owned, Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N

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: 55548.0
  • Parcel #: 172-15-061

Green Features

  • Green Water Conservation: Recirculation Pump, Tankless Ht Wtr Heat

Building Info

  • Builder Name: Yonker Construction

Tax Info

  • Tax Annual Amount: 10480.0
  • Tax Lot: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Sep 28, 2021
Sold by
Woodruff Jonathan
Bought by
Hochman Corey W
Seller's Agent
Wendy Lentz
Compass
Buyer's Agent
Donald Dufek
RE/MAX Excalibur
List Price
$6,250,000
Sold Price
$6,000,000
Premium/Discount to List
-$250,000
-4%
Current Estimated Value
$8,015,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,015,724
Avg. Annual Appreciation
6.76%
Original Mortgage
$4,200,000
Outstanding Balance
$3,830,008
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$4,185,716

Purchase Details

Listed on
Feb 22, 2021
Closed on
Jul 28, 2021
Sold by
5316 E Palomino Rd Llc
Bought by
Woodruff Jonathan
Seller's Agent
Daniel Yonker
Grigg's Group Powered by The Altman Brothers
Buyer's Agent
Wendy Lentz
Compass
List Price
$5,554,184
Sold Price
$5,610,319
Premium/Discount to List
$56,135
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,600,000
Interest Rate
2.93%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 13, 2018
Closed on
Jun 4, 2018
Sold by
Dfa Properties Llc
Bought by
5316 E Palomino Rd Llc
Seller's Agent
Neil Hardon
Realty Executives Arizona Territory
Buyer's Agent
Michael Garren
Crossroads Brokerage
List Price
$1,250,000
Sold Price
$850,000
Premium/Discount to List
-$400,000
-32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.35%
Original Mortgage
$1,750,000
Interest Rate
4.5%
Mortgage Type
Small Business Administration

Purchase Details

Listed on
Jan 13, 2018
Closed on
Apr 9, 2018
Sold by
Dyer Eve J
Bought by
Dfa Properties Llc
Seller's Agent
Neil Hardon
Realty Executives Arizona Territory
Buyer's Agent
Michael Garren
Crossroads Brokerage
List Price
$1,250,000
Sold Price
$850,000
Premium/Discount to List
-$400,000
-32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
4.5%
Mortgage Type
Small Business Administration
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hochman Corey W $6,000,000 Chicago Title Agency Inc
Woodruff Jonathan $5,610,319 Chicago Title Agency Inc
5316 E Palomino Rd Llc -- Clear Title Agency Of Arizon
Dfa Properties Llc $850,000 Clear Title Agency Of Arizon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hochman Corey W $4,200,000
Previous Owner Woodruff Jonathan $4,600,000
Previous Owner 5316 E Palomino Rd Llc $1,750,000
Previous Owner Dfa Properties Llc $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $6,000,000 -4.0% $704 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $6,250,000 0.0% $733 / Sq Ft
08/14/2021 08/14/21 Price Changed $6,250,000 +11.4% $733 / Sq Ft
08/02/2021 08/02/21 Sold $5,610,319 -6.5% $657 / Sq Ft View Prior Sale
06/28/2021 06/28/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $6,000,000 0.0% $704 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $6,000,000 +8.0% $704 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $5,554,184 +553.4% $651 / Sq Ft
05/22/2018 05/22/18 Sold $850,000 -2.9% $228 / Sq Ft View Prior Sale
04/08/2018 04/08/18 Pending -- -- --
03/30/2018 03/30/18 Price Changed $875,000 -12.1% $234 / Sq Ft
02/07/2018 02/07/18 Price Changed $995,900 -20.3% $267 / Sq Ft
01/12/2018 01/12/18 For Sale $1,250,000 -- $335 / 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 $25,121 $305,249 -- --
2024 $24,109 $282,031 -- --
2023 $24,109 $471,230 $94,240 $376,990
2022 $21,948 $393,560 $78,710 $314,850
2021 $16,949 $267,850 $53,570 $214,280
2020 $10,480 $155,510 $31,100 $124,410
2019 $6,756 $113,835 $113,835 $0
2018 $7,891 $90,430 $18,080 $72,350
2017 $6,981 $86,750 $17,350 $69,400
2016 $6,786 $72,850 $14,570 $58,280
2015 $6,453 $72,280 $14,450 $57,830
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6212359

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-15-061

Your Personal Tour Guide

Ask me questions while you tour the home.