NOT LISTED FOR SALE

5516 E Arcadia Ln Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $4,723,000 - $6,544,000

5 Beds
4.5 Baths
5,094 Sq Ft
$1,113/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $1,460,000 $287 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $33,018/month

36 Days on Market

Highlights

  • Guest House
  • Private Pool
  • Wood Flooring
  • Hopi Elementary School Rated A
  • 0.8 Acre Lot
  • Hydromassage or Jetted Bathtub

About This Home

As of October 2013

Located on arguably the best cul-de-sac in Arcadia, this fully remodeled home is absolutely beautiful! The sprawling floor plan includes a stunning island kitchen, gorgeous family room and impressive dining room. Each of the large bedrooms and custom baths are terrific, including the fabulous master retreat. The grounds are truly something special with exquisite gardens, entertaining patios, barbecue, pool and breathtaking orchards of lemon, tangerine, grapefruit and apple trees! This home is finished with thoughtful design elements and dramatic spaces, including an unbelievable two- bedroom guesthouse and great views of Camelback Mountain!

Last Agent to Sell the Property

Robert Joffe

Compass License #BR029057000 Listed on: 09/04/2013

Compass

Co-Listed By

Christopher Ritchie

Compass License #SA581815000

Last Buyer's Agent

Robert Joffe

ARJ Investments LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,032

Year Built

  • Built in 1973

Lot Details

  • 0.8 Acre Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 5,094 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool
  • Diving Board

Additional Homes

  • Guest House

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Built by Custom
  • Del Ray Estates 14 Subdivision

Listing and Financial Details

  • Legal Lot and Block 27 / 20
  • Assessor Parcel Number 172-32-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,032

Year Built

Built in 1973

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 55th St and Exeter Blvd
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 1973
  • Tax Year: 2012
  • Directions: From Camelback go South on 56th St to Exeter; West to 55th St; North to Arcadia Lane; East to home at end of cul-de-sac
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.8
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: Del Ray Estates 14
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone, Wood
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Drink Wtr Filter Sys, Wet Bar, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Granite Counters
  • Living Area: 5094.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Gas Fireplace: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Disclosures: Agency Discl Req
  • Construction Type: Brick Veneer, Block
  • Other Structures: Guest House
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • 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 Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Hopi Elementary School
  • High School: Arcadia High School
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 34763.0
  • Parcel #: 172-32-032
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 9032.02
  • Tax Block: 20
  • Tax Book Number: 172.00
  • Tax Lot: 27
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2015
Sold by
Hylton Keith N and Bell Peyton A
Bought by
Gruwell Scott R and Gruwell Shawna K
Current Estimated Value
$5,670,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2013
Closed on
Oct 21, 2013
Sold by
Balint Francis J and Balink Vicki Louk
Bought by
Hylton Keith N and Bell Peyton A
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Robert Joffe
Compass
List Price
$1,595,000
Sold Price
$1,460,000
Premium/Discount to List
-$135,000
-8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$1,260,000
Interest Rate
4.53%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Gruwell Scott R $1,625,000 Old Republic Title Agency
Hylton Keith N $1,460,000 Asset Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gruwell Scott R $2,118,000
Closed Gruwell Scott R $2,232,000
Closed Gruwell Scott R $900,000
Previous Owner Hylton Keith N $1,260,000
Previous Owner Balint Francis J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2013 10/23/13 Sold $1,460,000 -8.5% $287 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $1,595,000 -- $313 / 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 $17,173 $218,492 -- --
2024 $16,828 $208,088 -- --
2023 $16,828 $371,000 $74,200 $296,800
2022 $16,140 $290,180 $58,030 $232,150
2021 $16,728 $282,200 $56,440 $225,760
2020 $16,481 $250,160 $50,030 $200,130
2019 $15,864 $247,510 $49,500 $198,010
2018 $15,255 $134,270 $26,850 $107,420
2017 $12,581 $138,380 $27,670 $110,710
2016 $11,072 $124,310 $24,860 $99,450
2015 $10,099 $117,630 $23,520 $94,110
Source: Public Records

Agents Affiliated with this Home

  • Robert Joffe

    Seller's Agent in 2013

    Robert Joffe

    Compass

    (602) 989-8300

    172 in this area

    276 Total Sales

    Robert Joffe
    Section Image

  • C

    Seller Co-Listing Agent in 2013

    Christopher Ritchie

    Compass

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4993381

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-32-032

Arizona Maricopa County Phoenix 85018 Camelback East Village

5516 E Arcadia Ln, Phoenix, AZ

This home is located at 5516 E Arcadia Ln, Phoenix, AZ 85018 since 04 September 2013 and is currently estimated at $5,670,102, approximately $1,113 per square foot. This property was built in 1973. 5516 E Arcadia Ln is a home located in Maricopa County with nearby schools including Hopi Elementary School, Ingleside Middle School, and Arcadia High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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