NOT LISTED FOR SALE

Estimated Value: $3,984,000 - $4,862,000

5 Beds
4.5 Baths
5,429 Sq Ft
$825/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $3,825,000 $705 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $24,854/month

27 Days on Market

Highlights

  • Heated Spa
  • 0.89 Acre Lot
  • Fireplace in Primary Bedroom
  • Hopi Elementary School Rated A
  • Mountain View
  • Wood Flooring

About This Home

As of July 2023

Beautifully renovated 2015 Modern Spanish Colonial with extraordinary construction, design & finishes. This amazing home is set on just under an acre on Camelback's south slope. Majestic mountain and city views surround the home. Inside, discover an exquisite blend of tile & wood flooring, lighting & plumbing fixtures. Multiple entries/exits, & exposed wood beams. The formal dining has access to the wine cellar! Master plus one bedroom on main level & 3 upstairs with add'l family/game room with walk behind wet bar & large patio overlooking backyard and city view. The heart of the home is the lovely kitchen with marble counters and huge island. Steam shower, California Closets & custom window treatments thru-out. See extensive list of improvements. Elegant home.

Last Agent to Sell the Property

Valere Schlesinger

Realty ONE Group License #SA507525000 Listed on: 05/18/2023

Last Buyer's Agent

Bobby Lieb

Compass License #BR007861000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,998

Year Built

  • Built in 2007

Lot Details

  • 0.89 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,429 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Multiple Entries or Exits

Pool

  • Heated Spa
  • Private Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 64 / 1017
  • Assessor Parcel Number 172-15-066-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,998

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 56th St & Camelback Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Spa Private: Yes
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.89
  • Subdivision Name: HIGHLANDS 3
  • Architectural Style: Spanish
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 704.55
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Accessibility Features: Mltpl Entries/Exits
  • Total Bedrooms: 5
  • Fireplace Features: Other, 3+ Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Other, Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5429.0
  • Stories: 2
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Circular Driveway, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Other7: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • 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: 38595.0
  • Parcel #: 172-15-066-A

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Annual Amount: 14998.0
  • Tax Block: 1017
  • Tax Book Number: 172.00
  • Tax Lot: 64
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jul 6, 2023
Sold by
Rockridge Investment Property Llc
Bought by
Brian Friedman Revocable Trust and Friedman
Seller's Agent
Valere Schlesinger
Realty ONE Group
Buyer's Agent
Bobby Lieb
Compass
List Price
$3,800,000
Sold Price
$3,825,000
Premium/Discount to List
$25,000
0.66%
Views
23
Current Estimated Value
$4,476,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,789
Avg. Annual Appreciation
6.72%
Original Mortgage
$2,868,750
Outstanding Balance
$2,788,326
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$1,688,463

Purchase Details

Closed on
Oct 12, 2017
Sold by
Schmidt Paul and Schmidt Linda Maas
Bought by
Rockridge Investment Property Llc

Purchase Details

Listed on
Dec 29, 2014
Closed on
Apr 13, 2015
Sold by
Lough D Kim and Lough Sandra
Bought by
Schmidt Paul and Woodbury Linda
Seller's Agent
Deborah Frazelle
Coldwell Banker Realty
Buyer's Agent
Lara Broadrick
RETSY
List Price
$1,650,000
Sold Price
$1,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%

Purchase Details

Closed on
Mar 2, 2010
Sold by
Lough D Kim and Lough Sandra K
Bought by
Lough D Kim and Lough Sandra

Purchase Details

Closed on
Feb 4, 2004
Sold by
David Bernard E and David Mary Ann
Bought by
Lough D Kim and Lough Sandra K

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%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brian Friedman Revocable Trust $3,825,000 Equity Title Agency
Rockridge Investment Property Llc -- None Available
Schmidt Paul $1,650,000 Equity Title Agency Inc
Lough D Kim -- None Available
Lough D Kim $630,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brian Friedman Revocable Trust $2,868,750
Previous Owner Lough D Kim $500,000
Closed Lough D Kim $98,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2023 07/06/23 Sold $3,825,000 +0.7% $705 / Sq Ft
06/21/2023 06/21/23 For Sale $3,800,000 0.0% $700 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
05/20/2023 05/20/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $3,800,000 +130.3% $700 / Sq Ft
04/21/2015 04/21/15 Sold $1,650,000 0.0% $311 / Sq Ft View Prior Sale
12/29/2014 12/29/14 For Sale $1,650,000 -- $311 / Sq Ft
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 $16,778 $211,167 -- --
2024 $15,663 $201,111 -- --
2023 $15,663 $226,000 $45,200 $180,800
2022 $14,998 $199,430 $39,880 $159,550
2021 $15,567 $194,280 $38,850 $155,430
2020 $15,328 $172,820 $34,560 $138,260
2019 $14,732 $183,310 $36,660 $146,650
2018 $14,144 $164,210 $32,840 $131,370
2017 $13,565 $150,500 $30,100 $120,400
2016 $13,200 $136,120 $27,220 $108,900
2015 $12,790 $137,220 $27,440 $109,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6555883

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-15-066A