NOT LISTED FOR SALE

5333 E Palomino Rd Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $5,685,000 - $7,494,700

4 Beds
10 Baths
10,031 Sq Ft
$667/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $3,100,000 $309 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $37,021/month

11 Days on Market

Highlights

  • Guest House
  • Heated Pool
  • City Lights View
  • Hopi Elementary School Rated A
  • Gated Parking
  • 1.2 Acre Lot

About This Home

As of February 2022

GREAT REMODEL OPPORTUNITY! Amazing Opportunity to own a truly historic home with a ton of equity! This European styled estate is the perfect remodel opportunity for an investor or someone looking for a project. You have a blank canvas to configure the home to your liking. Sitting on almost 1.25 acres with resort style grounds including custom pool, spa, koi fishpond, multiple water feature fountains and a spectacular outdoor kitchen, this home is an entertainer's dream. The property is being sold as is and has an extremely healthy ARV. Scheduled showings are now available. Make me an offer before it's gone!

Last Agent to Sell the Property

Harold Winey

Keller Williams Northeast Realty License #SA664309000 Listed on: 11/11/2021

Keller Williams Northeast Realty

Last Buyer's Agent

Harold Winey

Keller Williams Northeast Realty License #SA664309000 Listed on: 11/11/2021

Keller Williams Northeast Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,359

Year Built

  • Built in 1998

Lot Details

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

Property Views

  • City Lights
  • Mountain

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 10,031 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Free Standing Fireplace
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Parking

  • Detached Garage
  • 2 Open Parking Spaces
  • 4 Carport Spaces
  • Side or Rear Entrance to Parking
  • Circular Driveway
  • Gated Parking

Pool

  • Heated Pool
  • Diving Board
  • Heated Spa

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Storage
  • Built-In Barbecue
  • Playground

Additional Homes

  • Guest House

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 172-15-046-A

Community Details

Overview

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

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,359

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Cross Street: 56th Street & 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
  • Items Updated Pool Yr Updated: 2016
  • Items Updated Roof Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: North onto 56th Street off of Camelback. Left onto E. Rockridge Rd. Left onto Palomino Road, house on left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.2
  • Subdivision Name: HIGHLANDS
  • Architectural Style: Other
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Possible Bedrooms: 8
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Two Way Fireplace, Exterior Fireplace, Fire Pit, Free Standing, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Granite Counters
  • Living Area: 10031.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane, Wood Frames
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Playground, Misting System, Private Yard, Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Synthetic Stucco, Wood Frame, Painted, Stucco, Block, Brick
  • Other Structures: Gazebo, Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • 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:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Circular Driveway, Separate Strge Area, Side Vehicle Entry, Detached, RV Access/Parking, Gated
  • Attached Garage: No
  • Carport Spaces: 4.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • 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: 52091.0
  • Parcel #: 172-15-046-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 23359.0
  • Tax Book Number: 172.00
  • Tax Lot: 44
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Feb 2, 2022
Sold by
Rama Fund Llc
Bought by
Som Linda Sinat and Le Baoan Andy
Seller's Agent
Harold Winey
Keller Williams Northeast Realty
Buyer's Agent
Harold Winey
Keller Williams Northeast Realty
List Price
$2,999,990
Sold Price
$3,100,000
Premium/Discount to List
$100,010
3.33%
Current Estimated Value
$6,691,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,591,567
Avg. Annual Appreciation
25.48%

Purchase Details

Closed on
Jul 7, 2020
Sold by
North Americna Management Group Llc
Bought by
The Rama Fund Llc

Purchase Details

Closed on
Aug 28, 2014
Sold by
Nationstar Mortgage Llc
Bought by
North American Management Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$941,250
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2014
Sold by
Conner Michael T
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Aug 14, 2003
Sold by
Indymac Bank Fsb
Bought by
Conneran Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5.92%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Som Linda Sinat $3,100,000 Phoenix Title & Escrow Agency
The Rama Fund Llc $3,000,000 None Available
North American Management Group Llc $1,254,750 None Available
Nationstar Mortgage Llc $1,661,562 None Available
Conneran Michael T $1,700,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner North American Management Group Llc $2,730,000
Previous Owner North American Management Group Llc $2,590,000
Previous Owner North American Management Group Llc $941,250
Previous Owner Conneran Michael T $1,500,000
Previous Owner Conneran Michael T $300,000
Previous Owner Conneran Michael T $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $3,100,000 +3.3% $309 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $2,999,990 +139.1% $299 / Sq Ft
11/03/2014 11/03/14 Sold $1,254,750 -1.0% $125 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
07/15/2014 07/15/14 Price Changed $1,267,300 -23.7% $126 / Sq Ft
05/19/2014 05/19/14 Price Changed $1,660,600 -23.2% $166 / Sq Ft
03/28/2014 03/28/14 Price Changed $2,162,000 +3.0% $216 / Sq Ft
03/21/2014 03/21/14 Price Changed $2,100,000 -8.7% $209 / Sq Ft
02/28/2014 02/28/14 For Sale $2,300,000 -- $229 / 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 $18,103 $237,966 -- --
2024 $22,899 $226,634 -- --
2023 $22,899 $344,360 $68,870 $275,490
2022 $21,938 $302,300 $60,460 $241,840
2021 $23,359 $297,600 $59,520 $238,080
2020 $23,015 $270,110 $54,020 $216,090
2019 $22,153 $300,550 $60,110 $240,440
2018 $21,303 $263,750 $52,750 $211,000
2017 $20,467 $253,950 $50,790 $203,160
2016 $19,940 $196,680 $39,330 $157,350
2015 $19,534 $200,180 $40,030 $160,150
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Harold Winey

    Keller Williams Northeast Realty

    (602) 717-9273

    1 in this area

    8 Total Sales

    Harold Winey
    Section Image
  • Marlene Cerreta

    Seller's Agent in 2014

    Marlene Cerreta

    Cerreta Real Estate

    (623) 266-6888

    162 Total Sales

    Marlene Cerreta
    Section Image

  • A

    Seller Co-Listing Agent in 2014

    Aimee Mitchell

    Cerreta Real Estate

    (602) 617-8935

    150 Total Sales

    Aimee Mitchell
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6319697

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-15-046A

Arizona Maricopa County Phoenix 85018 Camelback East Village

5333 E Palomino Rd, Phoenix, AZ

This home is located at 5333 E Palomino Rd, Phoenix, AZ 85018 since 11 November 2021 and is currently estimated at $6,691,567, approximately $667 per square foot. This property was built in 1998. 5333 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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