NOT LISTED FOR SALE

5323 E Palomino Rd Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $5,111,000 - $5,402,007

5 Beds
6 Baths
6,031 Sq Ft
$879/Sq Ft Est. Value

Last Sold June 04, 2012

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

Est. 199% increase in value since last sale

Current estimated payment $29,629/month

106 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • 0.97 Acre Lot
  • Hopi Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • 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

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

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire Sprinkler System

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

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

Additional Features

  • No Interior Steps
  • Guest House

Community Details

  • No Home Owners Association
  • 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
  • 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
  • Directions: North on 56th Street, West on Rockridge and left on Palomino. Property on South side.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.97
  • Co List Office Mls Id: wdan01
  • Co List Office Phone: 480-991-2050
  • Subdivision Name: Highlands 3
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • ResoBuildingAreaSource: Builder
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone, Wood
  • Spa Features: Heated, Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Fire Pit, Free Standing, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Furnished(See Rmrks), Fire Sprinklers, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 6031.0
  • Stories: 1
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Builder
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Fireplace:Freestnd Fireplace: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Covered Patio(s), Playground, Patio, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Heated, Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Other Structures: Guest House
  • 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:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Hopi Elementary School
  • High School: Arcadia High School
  • Middle Or Junior School: Ingleside Middle School

Lot Info

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

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
$5,299,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,524,669
Avg. Annual Appreciation
8.73%
Original Mortgage
$1,420,000
Outstanding Balance
$1,002,802
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$4,415,491

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:

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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 Change Sq Ft Price
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 $18,374 $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

    37 in this area

    138 Total Sales

    Libby Cohen
    Section Image

  • H

    Buyer's Agent in 2012

    Hung Lin

    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

This home is located at 5323 E Palomino Rd, Phoenix, AZ 85018 since 22 December 2011 and is currently estimated at $5,299,669, approximately $878 per square foot. This property was built in 2002. 5323 E Palomino Rd is a home located in Maricopa County with nearby schools including Hopi Elementary School, Ingleside Middle School, and Arcadia High School.

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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