NOT LISTED FOR SALE

Estimated Value: $3,976,000 - $4,676,000

4 Beds
3 Baths
4,642 Sq Ft
$911/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $4,000,000 $862 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $23,160/month

144 Days on Market

Highlights

  • Heated Pool
  • 0.87 Acre Lot
  • Fireplace in Primary Bedroom
  • Hopi Elementary School Rated A
  • Mountain View
  • Vaulted Ceiling

About This Home

As of April 2024

Discover timeless sophistication in this 4-bedroom, 3-bathroom home, where classic charm meets modern luxury. As you enter, the home's interior exudes a stately charm, featuring high wood ceilings and elegant details that create a warm and inviting atmosphere. The living space is a masterpiece of design, anchored by a brick fireplace that adds a cozy touch to chilly nights. A book lovers delight, the home includes a well-appointed library, offering a quiet retreat for reading and contemplation. The 4-car garage provides ample space for vehicles and storage, catering to both convenience and functionality. Outside you will find a tranquil backyard, where a sparkling pool awaits, set amidst picturesque mature landscaping; perfect for both relaxing in solitude and entertaining guests.

Last Agent to Sell the Property

Joelle Addante

Compass License #SA653506000 Listed on: 11/10/2023

Compass

Co-Listed By

David Thayer

Compass License #SA660501000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,489

Year Built

  • Built in 1955

Lot Details

  • 0.87 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • Side or Rear Entrance to Parking
  • Tandem Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shake Roof
  • Stone Exterior Construction

Interior Spaces

  • 4,642 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 3 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Pool

  • Heated Pool
  • Spa
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Del Ray Estates 3 Subdivision

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 172-40-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,489

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Camelback & 56th Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1955
  • Spa Private: Yes
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.87
  • Co List Office Mls Id: laun007
  • Co List Office Phone: 602-790-6484
  • Subdivision Name: DEL RAY ESTATES 3
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 861.7
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Private
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4642.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • 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
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Corner Lot, Grass Front, Grass Back, Irrigation Front, Irrigation Back
  • Pool Features: Diving Pool, Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Painted, Stone, Brick
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Shake
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Tandem Garage, Garage Door Opener, Circular Driveway, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • 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: 37867.0
  • Parcel #: 172-40-008

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 11489.0
  • Tax Book Number: 172.00
  • Tax Lot: 46
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Apr 5, 2024
Sold by
Milum Family Revocable Trust and Milum Craig E
Bought by
5351 Exeter Jvllc
Seller's Agent
Joelle Addante
Compass
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$4,350,000
Sold Price
$4,000,000
Premium/Discount to List
-$350,000
-8.05%
Views
66
Current Estimated Value
$4,227,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,500
Avg. Annual Appreciation
3.25%
Original Mortgage
$2,500,000
Outstanding Balance
$2,462,788
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$1,764,712

Purchase Details

Listed on
Nov 10, 2023
Closed on
Mar 28, 2024
Sold by
Milum Family Revocable Trust and Milum Craig E
Bought by
5351 Exeter Jvllc
Seller's Agent
Joelle Addante
Compass
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$4,350,000
Sold Price
$4,000,000
Premium/Discount to List
-$350,000
-8.05%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,462,788
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$1,764,712

Purchase Details

Closed on
Mar 7, 2016
Sold by
Milum Craig and Milum Marilyn Evans
Bought by
Milum Craig E and Milum Marilyn E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
5351 Exeter Jvllc $4,000,000 Magnus Title Agency
5351 Exeter Jvllc $4,000,000 Magnus Title Agency
Milum Craig E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5351 Exeter Jvllc $2,500,000
Closed 5351 Exeter Jvllc $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $4,000,000 -8.0% $862 / Sq Ft
04/05/2024 04/05/24 For Sale $4,350,000 +8.8% $937 / Sq Ft
12/04/2023 12/04/23 Off Market $4,000,000 -- --
11/11/2023 11/11/23 For Sale $4,350,000 -- $937 / 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 $12,917 $156,963 -- --
2024 $11,489 $149,489 -- --
2023 $11,489 $207,260 $41,450 $165,810
2022 $10,995 $159,900 $31,980 $127,920
2021 $11,417 $156,730 $31,340 $125,390
2020 $11,240 $141,470 $28,290 $113,180
2019 $10,796 $134,320 $26,860 $107,460
2018 $10,359 $124,700 $24,940 $99,760
2017 $9,929 $131,120 $26,220 $104,900
2016 $9,658 $117,570 $23,510 $94,060
2015 $8,803 $114,080 $22,810 $91,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6629359

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-40-008