Seller's Agent in 2019
Victoria Potolicchio
HomeSmart
(602) 300-3752
5 in this area
44 Total Sales
5402 E Montecito Ave Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated Value: $4,442,350 - $5,578,000
4
Beds
5
Baths
5,049
Sq Ft
$966/Sq Ft
Est. Value
Highlights
- Private Pool
- 0.71 Acre Lot
- Living Room with Fireplace
- Hopi Elementary School Rated A
- Mountain View
- Wood Flooring
About This Home
As of March 2019Arcadia warmth & charm is evident from the moment you pull up to the curb of this beautiful home. This 4 bedroom/5 bath home complete w/media room & library/den is understated in its outward appearance making it even more special as you enter through the front door. Built in 2008 on a large north/south lot, this home sits directly under Camelback Mountain with stunning unobstructed views, beautifully landscaped grounds and large brick and bluestone patios. It was built to take advantage of our perfect AZ climate, flowing freely from inside to out, front to back, making entertaining in this home a wonderful experience. Constructed by its owners of the highest quality and classic in nature, this meticulously cared for home will stand the test of time. Some other details of the home include: 3/4" quarter sawn, rift cut white oak plank flooring throughout the home
-Natural stone and marble flooring in each of the four en-suite bathrooms
-Hand-painted European style Christopher Peacock cabinetry in the kitchen and butler 's pantry
-A combination of honed marble countertops and soapstone throughout
-High end kitchen appliance package including a 6-burner gas Wolf range, Sub Zero glass front refrigerator, 150 bottle Sub Zero wine refrigerator, two Bosch dishwashers, and a Miele speed oven
-Top of the line Toto toilets and high end plumbing fixtures throughout
-Large Antique French crystal chandelier in the dining room
-Interior French door sets with beveled glass leading to the dining room
-High end lighting fixtures throughout
-Large Walk in closets in each of the bedrooms
-Extra large walk in master closet with built in cabinetry and a stackable washer/dryer
-Separate kids wing laundry room with full size LG Washer/Dryer
-Built in cabinetry in mud/hobby room
-Built in floor to ceiling book shelves in the office/library
-Outdoor brick fireplace in the cozy, front courtyard
-Pool, sport court and outdoor Kitchen Aid barbecue in the large, grassy back yard
-Fully mature and professionally maintained landscaping along with beautiful outdoor landscape lighting in the front and back yard
-Weathershield casement and double hung tilt windows
-Weathershield French doors throughout including bi-fold French doors opening to the rear yard
-Crown molding and 8" baseboards throughout
-Painted paneled wood in the den/media room and one powder room
-Beautiful Ralph Lauren burlap wallpapered master powder room
-Rocky Mountain hardware throughout
-Decorative steel registers in all public spaces including the master bedroom
-(3) Trane 2 Stage high efficiency A/C units, serviced semi-annually
-(3) Rinnai tankless water heaters, serviced annually
-Nuovo whole house water softener system and R/O System
-Surround Sound speakers in all public spaces including outdoor patios and master bedroom
-Exterior of the home: HardiePlank Lap Siding & Azek Trim
Last Agent to Sell the Property
HomeSmart License #SA530454000 Listed on: 10/26/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,400
Year Built
- Built in 2008
Lot Details
- 0.71 Acre Lot
- Cul-De-Sac
- Private Streets
- Block Wall Fence
- Corner Lot
- Sprinklers on Timer
- Private Yard
- Grass Covered Lot
Parking
- 3 Car Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Spray Foam Insulation
- Shake Roof
Interior Spaces
- 5,049 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Gas Fireplace
- Low Emissivity Windows
- Living Room with Fireplace
- 2 Fireplaces
- Mountain Views
- Security System Owned
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- 5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Outdoor Features
- Private Pool
- Covered Patio or Porch
- Outdoor Fireplace
- 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
- Water Purifier
- High Speed Internet
- Cable TV Available
Additional Features
- No Interior Steps
- ENERGY STAR Qualified Equipment for Heating
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 172-32-022
Community Details
Overview
- No Home Owners Association
- Association fees include no fees
- Built by Custom
- Camelview Subdivision
Recreation
- Sport Court
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2018
Closed on
Mar 5, 2019
Sold by
Moroney John P and Moroney Beth A
Bought by
Cohen Russell G and Cohen Lori A
Seller's Agent
Victoria Potolicchio
HomeSmart
Buyer's Agent
Allise Cohen
Russ Lyon Sotheby's International Realty
List Price
$2,950,000
Sold Price
$2,875,000
Premium/Discount to List
-$75,000
-2.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,003,088
Avg. Annual Appreciation
8.09%
Original Mortgage
$1,840,800
Outstanding Balance
$1,621,648
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,164,934
Purchase Details
Closed on
Apr 19, 2006
Sold by
Moroney John P and Moroney Beth A
Bought by
Moroney John P and Moroney Beth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,143,750
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 1998
Sold by
Poe Russell E and Poe Carol L
Bought by
Abzug Mark M and Abzug Terry L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,400
Interest Rate
6.9%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cohen Russell G | $2,832,000 | American Title Svc Agcy Llc | |
| Moroney John P | -- | Title Partners Of Phoenix Ll | |
| Moroney John P | $1,525,000 | Title Partners Of Phoenix Ll | |
| Abzug Mark M | $588,000 | Capital Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cohen Russell G | $1,840,800 | |
| Previous Owner | Moroney John P | $1,143,750 | |
| Previous Owner | Abzug Mark M | $470,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2019 03/15/19 | Sold | $2,875,000 | -2.5% | $569 / Sq Ft |
| 01/27/2019 01/27/19 | Pending | -- | -- | -- |
| 01/02/2019 01/02/19 | For Sale | $2,950,000 | +2.6% | $584 / Sq Ft |
| 12/15/2018 12/15/18 | Off Market | $2,875,000 | -- | -- |
| 10/26/2018 10/26/18 | For Sale | $2,950,000 | -- | $584 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $16,976 | $223,620 | -- | -- |
| 2024 | $16,622 | $212,971 | -- | -- |
| 2023 | $16,622 | $272,220 | $54,440 | $217,780 |
| 2022 | $15,918 | $212,610 | $42,520 | $170,090 |
| 2021 | $16,520 | $208,330 | $41,660 | $166,670 |
| 2020 | $16,267 | $186,670 | $37,330 | $149,340 |
| 2019 | $15,636 | $184,020 | $36,800 | $147,220 |
| 2018 | $15,013 | $166,430 | $33,280 | $133,150 |
| 2017 | $14,400 | $171,030 | $34,200 | $136,830 |
| 2016 | $14,014 | $159,510 | $31,900 | $127,610 |
| 2015 | $12,796 | $155,370 | $31,070 | $124,300 |
Source: Public Records
Agents Affiliated with this Home
-
Victoria Potolicchio
-
Allise Cohen
Buyer's Agent in 2019
Allise Cohen
Russ Lyon Sotheby's International Realty
(480) 938-4038
6 in this area
20 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5838552
APN: 172-32-022
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.
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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