NOT LISTED FOR SALE

Estimated Value: $6,268,556 - $7,610,000

5 Beds
7 Baths
7,619 Sq Ft
$915/Sq Ft Est. Value

Last Sold March 30, 2016

Last sale price $2,750,000 $361 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $38,145/month

314 Days on Market

Highlights

  • Guest House
  • Private Pool
  • Two Primary Bathrooms
  • Hopi Elementary School Rated A
  • 0.8 Acre Lot
  • Mountain View

About This Home

As of March 2016

*Priced below Appraisal!*The dappled sunlit brick walkway winds you to the front door of this exquisite Old English style country estate. Every detail, from the thick wood crown molding and wainscoting to the custom doors and windows to the built-in bench under the stairway, is done to designer perfection with whimsical touches that make this home truly unique. The foyer leads to a tranquil formal living room with gas fireplace. Across the foyer sits the formal dining with gas fireplace and hidden wine service fridge. The comfortable and very large cook’s kitchen invites you to have a glass of wine and help prepare a fabulous meal in the 6 burner + grill Thermador oven encased in a unique stone hearth. If the huge custom wood & black granite island is full, find a seat in the spacious eat-in which is surrounded by windows looking to the backyard and pool. The master suite leaves nothing to be desired with a separate study with french doors, gas fireplace, private master courtyard with fountain, his/hers bathrooms suited to each with their own large walk-in closets. Upstairs there are 3 more generous and unique bedrooms + loft space for the kids to hang out or do homework. Lovely and endearing features like potted terraces, private kid nooks with lighting that are wired for cable and child-height switches create a special space for children or teens. Above the pavered driveway and 3 car garage is an 850 SF 1 BR with new AC, living, kitchen and full bath. The backyard offers plenty of grassy space, mature trees including grapefruit, lemon & kumquat, custom built pool + spa, covered patio with 2-sided fireplace and pool house with bar, hang out space and a low maintenance bath. The latest security system and dedicated infrared camera + 4 movable cameras all controlled from your iPhone or tablet, in-wall speakers, landscape lighting and Camelback views make this estate one-of-a-kind.

Last Agent to Sell the Property

Cheri Reeves

Engel & Voelkers Scottsdale License #BR646090000 Listed on: 04/24/2015

Engel & Voelkers Scottsdale

Co-Listed By

Claire Ackerman

Compass License #SA571364000

Last Buyer's Agent

Emily Devlin

Coldwell Banker Realty License #BR114592000

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,551

Year Built

  • Built in 2000

Lot Details

  • 0.8 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 4 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 7,619 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Wood Flooring
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 7 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio
  • Playground

Additional Homes

  • Guest House

Schools

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

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 126
  • Assessor Parcel Number 172-41-036

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by CARA CLANCY
  • Del Ray Estates 8 Subdivision, Colonial Style Floorplan

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,551

Year Built

Built in 2000

Lot Details

0

Parking

4

Listing Details

  • Cross Street: 56TH ST & CAMELBACK
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2000
  • Spa Private: Yes
  • Tax Year: 2014
  • Master Model: COLONIAL STYLE
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.8
  • Co List Office Mls Id: rmrr02
  • Co List Office Phone: 480-360-7772
  • Subdivision Name: DEL RAY ESTATES 8
  • Architectural Style: Other
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 360.94
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: Private
  • Total Bedrooms: 5
  • Fireplace Features: Other, 3+ Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 7619.0
  • Stories: 2
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Stone
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Garage Spaces: 4.0

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

  • Community Features: Playground
  • 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: 34920.0
  • Parcel #: 172-41-036

Building Info

  • Builder Name: CARA CLANCY

Tax Info

  • Tax Annual Amount: 14551.0
  • Tax Book Number: 172.00
  • Tax Lot: 126
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Parenza and Katherine
Bought by
Prz Trust
Current Estimated Value
$6,969,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,831,505
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$4,138,134

Purchase Details

Closed on
Apr 11, 2022
Sold by
L Michelle
Bought by
Parenza Joseph and Parenza Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,831,505
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$4,138,134

Purchase Details

Listed on
Apr 24, 2015
Closed on
Mar 17, 2016
Sold by
Surrano Charles J
Bought by
The Michelle & Gary Moore 2005 Revocable
Seller's Agent
Cheri Reeves
Engel & Voelkers Scottsdale
Buyer's Agent
Emily Devlin
Coldwell Banker Realty
List Price
$3,275,000
Sold Price
$2,750,000
Premium/Discount to List
-$525,000
-16.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%

Purchase Details

Closed on
Apr 27, 2009
Sold by
Surrano Christina L
Bought by
Surrano Charles J

Purchase Details

Closed on
Feb 21, 2002
Sold by
Palmieri Jon and Clancy Palmieri Cara
Bought by
Surrano Charles J and Surrano Christina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,522,500
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2000
Sold by
Davis Robert H and Davis Betty Ruth
Bought by
Palmieri Jon and Clancy Palmieri Cara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
7.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Prz Trust -- --
Parenza Joseph $6,400,000 Wfg National Title Insurance C
The Michelle & Gary Moore 2005 Revocable $2,750,000 Equity Title Agency Inc
Surrano Charles J -- None Available
Surrano Charles J $2,175,000 --
Palmieri Jon $500,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prz Trust $3,000,000
Closed Parenza Joseph $3,000,000
Previous Owner Surrano Charles J $1,522,500
Previous Owner Palmieri Jon $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2016 03/30/16 Sold $2,750,000 -3.5% $361 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
01/22/2016 01/22/16 Price Changed $2,850,000 -4.8% $374 / Sq Ft
10/22/2015 10/22/15 Price Changed $2,995,000 -3.4% $393 / Sq Ft
10/02/2015 10/02/15 Price Changed $3,100,000 -3.1% $407 / Sq Ft
07/16/2015 07/16/15 Price Changed $3,199,000 -2.3% $420 / Sq Ft
04/24/2015 04/24/15 For Sale $3,275,000 -- $430 / 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 $20,848 $260,627 -- --
2024 $19,473 $248,216 -- --
2023 $19,473 $327,770 $65,550 $262,220
2022 $18,652 $256,400 $51,280 $205,120
2021 $19,353 $256,500 $51,300 $205,200
2020 $19,059 $233,410 $46,680 $186,730
2019 $18,323 $223,580 $44,710 $178,870
2018 $17,597 $203,810 $40,760 $163,050
2017 $16,883 $215,560 $43,110 $172,450
2016 $16,432 $197,450 $39,490 $157,960
2015 $15,013 $182,130 $36,420 $145,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5270654

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-41-036