Seller's Agent in 2020
Allen Studebaker
Compass
(602) 763-1138
2 in this area
165 Total Sales
5450 E Arcadia Ln Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated Value: $3,896,805 - $4,701,000
6
Beds
5.5
Baths
5,271
Sq Ft
$835/Sq Ft
Est. Value
Highlights
- Private Pool
- 0.75 Acre Lot
- Wood Flooring
- Hopi Elementary School Rated A
- Family Room with Fireplace
- Granite Countertops
About This Home
As of November 2020Stunningly updated, this luxuriously laidback ranch-style home is nestled on a quiet double cul-de-sac deep inside Arcadia, one of the most coveted communities in Phoenix. Front: Expansive grassy-green lawn, towering palm trees, flower-lined walkway, fireplaced courtyard. Inside: Elegant parlor-like formal rooms w/big windows. Spacious chef's kitchen w/built-in custom China closet, professional-quality Viking gas range trimmed w/Italian-esque aged-brick-like accents. Family room w/quartet of French patio exits, well-appointed entertainer's wet bar. Romantic master retreat. Executive office/den/library. Connected guest/in-law suite w/bath, kitchenette. Rear grounds: Very lush and private w/shimmering diving pool, gazebo, emerald-hued lawn, mature citrus, generous patios, BBQ island, Camelback Mountain views. Lots of room for additional personalized alfresco amenities. Also: Three-car garage plus plenty of guest parking. 5BD/6BA/5,217SF.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,004
Year Built
- Built in 1968
Lot Details
- 0.75 Acre Lot
- Cul-De-Sac
- Block Wall Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Grass Covered Lot
Parking
- 3 Car Garage
- 4 Open Parking Spaces
- Side or Rear Entrance to Parking
- Garage Door Opener
Home Design
- Shake Roof
Interior Spaces
- 5,271 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet or more
- Gas Fireplace
- Double Pane Windows
- Family Room with Fireplace
- 2 Fireplaces
Kitchen
- Eat-In Kitchen
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bathroom is a Full Bathroom
- 5.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Home Security
- Security System Owned
- Smart Home
Outdoor Features
- Private Pool
- Covered Patio or Porch
- Outdoor Fireplace
- Outdoor Storage
- Built-In Barbecue
Schools
- Hopi Elementary School
- Ingleside Middle School
- Arcadia High School
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Water Purifier
- Water Softener
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Del Ray Estates 16 Subdivision
Listing and Financial Details
- Tax Lot 40
- Assessor Parcel Number 172-32-039
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2020
Closed on
Nov 13, 2020
Sold by
House On Colter Llc
Bought by
Tornetta Lawrence F and Tornetta Renee T
Seller's Agent
Allen Studebaker
Compass
Buyer's Agent
Shelby Tornetta
W and Partners, LLC
List Price
$3,000,000
Sold Price
$2,775,000
Premium/Discount to List
-$225,000
-7.5%
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
$1,625,201
Avg. Annual Appreciation
9.40%
Original Mortgage
$1,100,000
Outstanding Balance
$994,828
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$3,405,373
Purchase Details
Listed on
Jan 21, 2020
Closed on
Apr 21, 2020
Sold by
Bfb3 Holdings Llc
Bought by
House On Colter Llc
Seller's Agent
Bobby Lieb
HomeSmart
Buyer's Agent
Bobby Lieb
HomeSmart
List Price
$2,795,000
Sold Price
$2,500,000
Premium/Discount to List
-$295,000
-10.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.09%
Purchase Details
Listed on
Jul 25, 2012
Closed on
Aug 13, 2012
Sold by
Belfer Harvey A
Bought by
Bfb3 Holdings Llc
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Robert Joffe
Compass
Sold Price
$1,675,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$1,675,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 21, 2005
Sold by
Belfer Todd P
Bought by
Belfer Harvey A and Todd P Belfer Qualified Personal Residen
Purchase Details
Closed on
Jul 25, 2003
Sold by
Belfer Todd P
Bought by
Belfer Todd P and Todd P Belfer Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 24, 2003
Sold by
Belfer Julie
Bought by
Belfer Todd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 25, 2003
Sold by
Belfer Todd P
Bought by
Belfer Todd P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 23, 2003
Sold by
Belfer Todd P
Bought by
Belfer Todd P and Todd P Belfer Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 17, 2000
Sold by
Palmieri Jon and Clancy Cara
Bought by
Belfer Todd P and The Todd P Belfer Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
8.12%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 18, 1999
Sold by
Clayton Melvin L and Clayton Vivian
Bought by
Palmieri Jon and Clancy Cara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
6.79%
Purchase Details
Closed on
Feb 15, 1994
Sold by
Clayton Melvin L and Clayton Vivian
Bought by
Clayton Melvin L and Clayton Vivian
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 |
|---|---|---|---|
| Tornetta Lawrence F | $2,775,000 | Fidelity Natl Ttl Agcy Inc | |
| House On Colter Llc | $2,500,000 | Equitable Title Agency | |
| Bfb3 Holdings Llc | $1,675,000 | Magnus Title Agency | |
| Belfer Harvey A | -- | -- | |
| Belfer Todd P | -- | -- | |
| Belfer Todd | -- | Grand Canyon Title Agency In | |
| Belfer Todd P | -- | Grand Canyon Title Agency | |
| Belfer Todd P | -- | -- | |
| Belfer Todd P | -- | Grand Canyon Title Agency In | |
| Belfer Todd P | -- | Grand Canyon Title Agency In | |
| Belfer Todd P | $1,360,000 | Transnation Title Insurance | |
| Palmieri Jon | $785,000 | Transnation Title Ins Co | |
| Clayton Melvin L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tornetta Lawrence F | $1,100,000 | |
| Previous Owner | Bfb3 Holdings Llc | $1,675,000 | |
| Previous Owner | Belfer Todd | $940,600 | |
| Previous Owner | Belfer Todd P | $940,600 | |
| Previous Owner | Belfer Todd P | $938,500 | |
| Previous Owner | Belfer Todd P | $810,000 | |
| Previous Owner | Palmieri Jon | $628,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/18/2020 11/18/20 | Sold | $2,775,000 | -7.5% | $526 / Sq Ft | |
| 10/16/2020 10/16/20 | Price Changed | $3,000,000 | 0.0% | $569 / Sq Ft | |
| 08/12/2020 08/12/20 | Pending | -- | -- | -- | |
| 06/25/2020 06/25/20 | For Sale | $3,000,000 | +8.1% | $569 / Sq Ft | |
| 06/23/2020 06/23/20 | Off Market | $2,775,000 | -- | -- | |
| 06/13/2020 06/13/20 | For Sale | $3,000,000 | +20.0% | $569 / Sq Ft | |
| 04/23/2020 04/23/20 | Sold | $2,500,000 | -7.2% | $465 / Sq Ft | View Prior Sale |
| 03/23/2020 03/23/20 | Pending | -- | -- | -- | |
| 03/13/2020 03/13/20 | Price Changed | $2,695,000 | -3.6% | $501 / Sq Ft | |
| 03/13/2020 03/13/20 | For Sale | $2,795,000 | 0.0% | $520 / Sq Ft | |
| 02/23/2020 02/23/20 | Pending | -- | -- | -- | |
| 01/27/2020 01/27/20 | Price Changed | $2,795,000 | -3.5% | $520 / Sq Ft | |
| 01/21/2020 01/21/20 | For Sale | $2,895,000 | +72.8% | $538 / Sq Ft | |
| 08/15/2012 08/15/12 | Sold | $1,675,000 | -- | $318 / Sq Ft | View Prior Sale |
| 07/25/2012 07/25/12 | Pending | -- | -- | -- |
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 | $12,164 | $201,136 | -- | -- |
| 2024 | $15,491 | $191,558 | -- | -- |
| 2023 | $15,491 | $235,050 | $47,010 | $188,040 |
| 2022 | $14,857 | $179,910 | $35,980 | $143,930 |
| 2021 | $15,399 | $178,820 | $35,760 | $143,060 |
| 2020 | $14,572 | $162,930 | $32,580 | $130,350 |
| 2019 | $14,004 | $158,880 | $31,770 | $127,110 |
| 2018 | $13,443 | $147,610 | $29,520 | $118,090 |
| 2017 | $12,892 | $152,710 | $30,540 | $122,170 |
| 2016 | $12,545 | $137,660 | $27,530 | $110,130 |
| 2015 | $11,450 | $134,700 | $26,940 | $107,760 |
Source: Public Records
Agents Affiliated with this Home
-
Allen Studebaker
-
B
Seller's Agent in 2020
Bobby Lieb
HomeSmart
-
Melissa Massey
Seller Co-Listing Agent in 2020
Melissa Massey
Compass
(480) 254-6959
9 in this area
115 Total Sales
-
K
Seller Co-Listing Agent in 2020
Kenneth Clark
HomeSmart
-
Shelby Tornetta
S
Buyer's Agent in 2020
Shelby Tornetta
W and Partners, LLC
(480) 948-3338
7 Total Sales
-
Robert Joffe
Seller's Agent in 2012
Robert Joffe
Compass
(602) 989-8300
155 in this area
255 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6090707
APN: 172-32-039
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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