NOT LISTED FOR SALE

Estimated Value: $4,451,000 - $5,328,000

5 Beds
5 Baths
5,123 Sq Ft
$941/Sq Ft Est. Value

Last Sold January 24, 2019

Last sale price $2,350,000 $459 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $26,644/month

15 Days on Market

Highlights

  • RV Gated
  • 0.79 Acre Lot
  • Fireplace in Primary Bedroom
  • Hopi Elementary School Rated A
  • Mountain View
  • Vaulted Ceiling

About This Home

As of January 2019

Exquisite reno in the Heart of Arcadia with everything your buyers want! Large 34,492 SF Corner Lot w/BURIED power lines and unobstructed views of Camelback Mountain.

Last Agent to Sell the Property

Gabi Becker

Russ Lyon Sotheby's International Realty License #SA645989000 Listed on: 11/14/2018

Russ Lyon Sotheby's International Realty

Co-Listed By

Larry Kimmel

HomeSmart License #BR527663000

Last Buyer's Agent

Christina Brink

RETSY License #SA581254000

RETSY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,757

Year Built

  • Built in 1996

Lot Details

  • 0.79 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Corner Lot
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Gated

Home Design

  • Spanish Architecture
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,123 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Smart Home

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps
  • Hard or Low Nap Flooring

Outdoor Features

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

Schools

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

Farming

  • Flood Irrigation

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Montecito
  • Del Ray Estates 5 Subdivision

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 172-33-010-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,757

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 54th St & Arcadia Lane
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2014
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2014
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2014
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.79
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: DEL RAY ESTATES 5
  • Architectural Style: Spanish
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 458.72
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Hard/Low Nap Floors, Accessible Hallway(s)
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5123.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Private Yard, Built-in Barbecue
  • Lot Features: Corner Lot, Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Flood Irrigation
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • 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:Pvt Yrd(s)Crtyrd(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

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

Condo/Co-op/Association

  • 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: 34492.0
  • Parcel #: 172-33-010-A

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Montecito

Tax Info

  • Tax Annual Amount: 14757.0
  • Tax Book Number: 172.00
  • Tax Lot: 90
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
Feb 6, 2019
Sold by
Chaly Thomas and Chaly Amanda
Bought by
Chaly Thomas and Chaly Amanda
Seller's Agent
Gabi Becker
Russ Lyon Sotheby's International Realty
Buyer's Agent
Christina Brink
RETSY
List Price
$2,550,000
Sold Price
$2,350,000
Premium/Discount to List
-$200,000
-7.84%
Current Estimated Value
$4,823,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,473,218
Avg. Annual Appreciation
10.95%
Original Mortgage
$1,562,500
Outstanding Balance
$1,371,012
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$3,452,206

Purchase Details

Listed on
Nov 14, 2018
Closed on
Jan 17, 2019
Sold by
Shirvani Shervin M and Likhacheva Anna O
Bought by
Chaly Thomas and Chaly Amanda
Seller's Agent
Gabi Becker
Russ Lyon Sotheby's International Realty
Buyer's Agent
Christina Brink
RETSY
List Price
$2,550,000
Sold Price
$2,350,000
Premium/Discount to List
-$200,000
-7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,562,500
Outstanding Balance
$1,371,012
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$3,452,206

Purchase Details

Closed on
Aug 22, 2016
Sold by
Shirvani Shervin M and Likhacheva Anna
Bought by
Shirvani Shervin M and Likhacheva Anna O

Purchase Details

Listed on
Mar 10, 2014
Closed on
Jul 3, 2014
Sold by
Murney William B and Murney Lisette
Bought by
Shirvani Shervin M and Likhacheva Anna
Seller's Agent
Emily Whitwell
RETSY
Buyer's Agent
Gabi Becker
Russ Lyon Sotheby's International Realty
List Price
$1,890,000
Sold Price
$1,505,000
Premium/Discount to List
-$385,000
-20.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Original Mortgage
$1,354,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1996
Sold by
Montecito Real Estate Co
Bought by
Murney William B and Murney Lisette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 1995
Sold by
Thornton Gerald C and Thornton Leslie C
Bought by
Montecito Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
9.27%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chaly Thomas -- None Available
Chaly Thomas $2,350,000 Premier Title Agency
Shirvani Shervin M -- None Available
Shirvani Shervin M $1,505,000 Fidelity National Title Agen
Murney William B $699,500 Grand Canyon Title Agency In
Montecito Real Estate Co -- Grand Canyon Title Agency In
Montecito Homes Inc $250,000 Network Escrow & Title Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaly Thomas $1,562,500
Previous Owner Shirvani Shervin M $1,354,500
Previous Owner Murney William B $275,000
Previous Owner Montecito Homes Inc $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2019 01/24/19 Sold $2,350,000 -7.8% $459 / Sq Ft
11/14/2018 11/14/18 For Sale $2,550,000 +69.4% $498 / Sq Ft
07/16/2014 07/16/14 Sold $1,505,000 -5.6% $294 / Sq Ft View Prior Sale
06/17/2014 06/17/14 Price Changed $1,595,000 0.0% $311 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
05/02/2014 05/02/14 Price Changed $1,595,000 -3.3% $311 / Sq Ft
04/13/2014 04/13/14 Price Changed $1,649,000 -5.8% $322 / Sq Ft
04/04/2014 04/04/14 Price Changed $1,750,000 -7.4% $342 / Sq Ft
03/10/2014 03/10/14 For Sale $1,890,000 -- $369 / 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 $17,376 $218,436 -- --
2024 $16,223 $208,034 -- --
2023 $16,223 $266,650 $53,330 $213,320
2022 $15,535 $190,970 $38,190 $152,780
2021 $16,123 $189,720 $37,940 $151,780
2020 $15,876 $171,150 $34,230 $136,920
2019 $15,370 $176,180 $35,230 $140,950
2018 $14,757 $159,420 $31,880 $127,540
2017 $14,154 $165,230 $33,040 $132,190
2016 $13,774 $153,470 $30,690 $122,780
2015 $12,577 $147,650 $29,530 $118,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5847415

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-33-010A