NOT LISTED FOR SALE

Estimated Value: $2,267,000 - $2,476,000

4 Beds
3 Baths
2,750 Sq Ft
$861/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $1,575,000 $573 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $12,995/month

95 Days on Market

Highlights

  • Private Pool
  • 0.58 Acre Lot
  • Fireplace in Primary Bedroom
  • Hopi Elementary School Rated A
  • Mountain View
  • Wood Flooring

About This Home

As of January 2023

Located on the highly desirable Lafayette Blvd in the heart of Arcadia Proper this quintessential Arcadia ranch home has endless potential. Options are limitless with this well-maintained 4 bed, 3 bath home: Move in as-is, do a small or extensive remodel, or tear it down to build your dream home! Sitting on just over half an acre of lushly landscaped land with unobstructed views of Camelback Mountain and within minutes to the best shopping and restaurants in Scottsdale, vibrant downtown Phoenix, hiking trails and easy access to major highways, this opportunity is one you won't want to miss!

Last Agent to Sell the Property

Trevor Halpern

eXp Realty License #SA641502000 Listed on: 09/22/2022

eXp Realty

Last Buyer's Agent

Brent Nardecchia

RETSY License #SA563154000

RETSY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,264

Year Built

  • Built in 1959

Lot Details

  • 0.58 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,750 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Flood Irrigation

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Del Ray Estates 8 Subdivision

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number 172-41-052

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,264

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Lafayette Blvd & 56th St.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1959
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.58
  • Subdivision Name: DEL RAY ESTATES 8
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 572.72
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: 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
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 2750.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Flood Irrigation
  • Pool Features: Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • 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

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • 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: 25216.0
  • Parcel #: 172-41-052
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 7264.0
  • Tax Book Number: 172.00
  • Tax Lot: 142
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2023
Sold by
High Place Investments Llc
Bought by
5456 E Lafayette Llc
Current Estimated Value
$2,366,718

Purchase Details

Listed on
Sep 22, 2022
Closed on
Jan 20, 2023
Sold by
Smith Steven D
Bought by
High Place Investments Llc
Seller's Agent
Trevor Halpern
eXp Realty
Buyer's Agent
Brent Nardecchia
RETSY
List Price
$1,950,000
Sold Price
$1,575,000
Premium/Discount to List
-$375,000
-19.23%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%
Original Mortgage
$1,200,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2021
Sold by
Smith Mary Catherine
Bought by
Smith Mary Catherine and Smith Steven D

Purchase Details

Closed on
Jul 22, 2016
Sold by
Smith Darrell Dean and Smith Mary Catherine
Bought by
Smith Darrell Dean and Smith Mary Catherine

Purchase Details

Closed on
Jul 26, 2001
Sold by
Smith Darrell Dean and Smith Mary Catherine
Bought by
Smith Darrell D and Smith Mary C
Source: Public Records
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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
5456 E Lafayette Llc -- None Listed On Document
High Place Investments Llc $1,575,000 Premier Title
Smith Mary Catherine -- None Listed On Document
Smith Darrell Dean -- None Available
Smith Darrell D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner High Place Investments Llc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $1,575,000 -10.0% $573 / Sq Ft
10/28/2022 10/28/22 Price Changed $1,750,000 -9.1% $636 / Sq Ft
10/20/2022 10/20/22 Price Changed $1,925,000 -1.3% $700 / Sq Ft
09/19/2022 09/19/22 For Sale $1,950,000 -- $709 / 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 $8,454 $102,723 -- --
2024 $7,911 $80,636 -- --
2023 $7,911 $134,730 $26,940 $107,790
2022 $6,988 $103,380 $20,670 $82,710
2021 $7,264 $100,000 $20,000 $80,000
2020 $7,148 $89,450 $17,890 $71,560
2019 $6,858 $89,460 $17,890 $71,570
2018 $6,572 $82,710 $16,540 $66,170
2017 $6,291 $84,920 $16,980 $67,940
2016 $6,113 $77,000 $15,400 $61,600
2015 $5,554 $73,630 $14,720 $58,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6466177

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-41-052