NOT LISTED FOR SALE

5323 E Palomino Rd Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $5,034,000 - $5,995,000

5 Beds
6 Baths
6,031 Sq Ft
$912/Sq Ft Est. Value

Last Sold June 04, 2012

Last sale price $1,775,000 $294 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $30,083/month

106 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • 0.97 Acre Lot
  • Hopi Elementary School Rated A
  • RV Access or Parking
  • Mountain View

About This Home

As of June 2012

At the southern base of Camelback Mountain possessing stunning views from the back and front; this Montecito home shows like brand new. Features include built-out library with hardwood floors, decorative ceiling details and gorgeous gourmet kitchen with Viking appliances. Lovely master retreat features split bathroom with huge his/hers closets, steam shower, whirlpool tub. 3 en-suite bedrooms round out bedroom count in main house. Guest house includes full bath and kitchen, living room and bedroom. Gorgeous heated pool/spa with stone water features and pebble tech. Entertainers bar and wine cellar; game room off huge family room. This house has it all! Priced for immediate sale.

Last Agent to Sell the Property

Walter Danley

Walt Danley Realty, LLC License #SA016756000 Listed on: 12/22/2011

Co-Listed By

Libby Cohen

RETSY License #SA572812000

Last Buyer's Agent

Hung Lin

Hung Lin License #BR013792000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,829

Year Built

  • Built in 2002

Lot Details

  • 0.97 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 5 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Santa Barbara Architecture
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,031 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Free Standing Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 6 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool
  • Diving Board

Outdoor Features

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

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

Additional Features

  • No Interior Steps
  • North or South Exposure
  • Guest House

Community Details

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

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 172-15-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,829

Year Built

Built in 2002

Lot Details

0

Parking

5

Listing Details

  • Cross Street: Camelback Road & 56th Street
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Spa Private: Yes
  • Tax Year: 2011
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.97
  • Co List Office Mls Id: wdan01
  • Co List Office Phone: 602-295-7808
  • Subdivision Name: Highlands 3
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • General Property Description:PriceSqFt: 294.3
  • 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
  • Fireplace Features Freestnd Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, Exterior Fireplace, Free Standing, Family Room, Living Room, Master Bedroom, Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Furnished(See Rmrks), No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 6031.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Private Yard, Built-in Barbecue
  • Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Heated
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: RV Access/Parking, Garage Door Opener, Circular Driveway, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • 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 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

  • Lot Size Sq Ft: 42153.0
  • Parcel #: 172-15-047

Building Info

  • Builder Name: Montecito

Tax Info

  • Tax Annual Amount: 15829.0
  • Tax Book Number: 172.00
  • Tax Lot: 45
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2011
Closed on
May 24, 2012
Sold by
Lester John C and Lester Ruth A
Bought by
Chang Michael S and Chang Yu Hui H
Seller's Agent
Walter Danley
Walt Danley Realty, LLC
Buyer's Agent
Hung Lin
Hung Lin
List Price
$2,000,000
Sold Price
$1,775,000
Premium/Discount to List
-$225,000
-11.25%
Current Estimated Value
$5,429,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,654,886
Avg. Annual Appreciation
8.73%
Original Mortgage
$1,420,000
Outstanding Balance
$981,999
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$4,520,870

Purchase Details

Closed on
Nov 10, 2009
Sold by
Lester John C and Lester Ruth A
Bought by
Lester John C and Lester Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2006
Sold by
Lester John C and Lester Ruth A
Bought by
Lester John C and Lester Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2002
Sold by
Sandahl Douglas C
Bought by
Lester John C and Lester Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
7.04%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 3, 2000
Sold by
Scannell James P
Bought by
Sandahl Douglas C

Purchase Details

Closed on
Nov 22, 1999
Sold by
Brander Franklin F
Bought by
Scannell James P
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
Chang Michael S $1,775,000 Security Title Agency
Lester John C -- Pioneer Title Agency Inc
Lester John C -- Pioneer Title Agency Inc
Lester John C -- Capital Title Agency Inc
Lester John C $1,574,000 Capital Title Agency Inc
Sandahl Douglas C $515,000 Capital Title Agency
Scannell James P $480,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Michael S $1,420,000
Previous Owner Lester John C $738,000
Previous Owner Lester John C $720,000
Previous Owner Lester John C $300,700
Closed Lester John C $274,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2012 06/04/12 Sold $1,775,000 -11.3% $294 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
12/22/2011 12/22/11 For Sale $2,000,000 -- $332 / 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 $19,268 $241,418 -- --
2024 $17,993 $229,922 -- --
2023 $17,993 $270,010 $54,000 $216,010
2022 $17,233 $219,170 $43,830 $175,340
2021 $17,883 $202,730 $40,540 $162,190
2020 $17,610 $190,180 $38,030 $152,150
2019 $16,928 $193,760 $38,750 $155,010
2018 $16,256 $174,300 $34,860 $139,440
2017 $15,594 $175,100 $35,020 $140,080
2016 $15,177 $155,620 $31,120 $124,500
2015 $14,523 $154,980 $30,990 $123,990
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    Walter Danley

    Walt Danley Realty, LLC

  • Libby Cohen

    Seller Co-Listing Agent in 2012

    Libby Cohen

    RETSY

    (602) 291-1446

    36 in this area

    136 Total Sales

    Libby Cohen
    Section Image

  • H

    Buyer's Agent in 2012

    Hung Lin

    Hung Lin

    (480) 706-0607

    4 Total Sales

    Hung Lin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4692475

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-15-047

Arizona Maricopa County Phoenix 85018 Camelback East Village

5323 E Palomino Rd, Phoenix, AZ

Not Listed for Sale

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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