$3,500,000
SOLD MAR 27, 2025
5 Beds
5.5 Baths
4,377 Sq Ft
0.73 Acres

Recently Sold

$800 Per Sq Ft

18% Below List Price

58 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • Mountain View
  • Hopi Elementary School Rated A
  • 0.73 Acre Lot
  • Wood Flooring

About This Home

As of March 2025

Discover Modern Luxury in Arcadia with a stunning modern farmhouse that combines sleek design, thoughtful functionality, and premium craftsmanship. Step inside to a grand foyer that leads to a bright, open floor plan with 10' ceilings and a vaulted great room. A wall of windows invites natural light and frames views of your beautifully landscaped backyard, complete with a sparkling pool, spa, and plenty of space to entertain. The chef's kitchen is a showstopper, featuring Wolf/Sub-Zero appliances, under-counter lighting, and a massive 10' island. Just off the kitchen you will find a spacious butler's pantry with coffee maker, prep sink, dishwasher and tons of cabinet space. Retreat to the luxurious primary suite with a spa-like bath, an oversized custom closet with a center island, and Discover Modern Luxury in Arcadia with a stunning modern farmhouse that combines sleek design, thoughtful functionality, and premium craftsmanship. Step inside to a grand foyer that leads to a bright, open floor plan with 10' ceilings and a vaulted great room. A wall of windows invites natural light and frames views of your beautifully landscaped backyard, complete with a sparkling pool, spa, and plenty of space to entertain. The chef's kitchen is a showstopper, featuring Wolf/Sub-Zero appliances, under-counter lighting, and a massive 10' island. Just off the kitchen you will find a spacious butler's pantry with coffee maker, prep sink, dishwasher and tons of cabinet space. Retreat to the luxurious primary suite with a spa-like bath, an oversized custom closet with a center island, and every detail designed for comfort. With four other ensuite bedrooms, a large lot, and a three-car garage, this home is perfect for families. Nestled on a private street in a coveted Arcadia neighborhood, this home offers the perfect blend of luxury and comfort. Don't miss the opportunity to make this MILCO Development property yours.

Last Agent to Sell the Property

Joelle Addante

Compass License #SA653506000 Listed on: 01/15/2025

Compass

Co-Listed By

David Thayer

Compass License #SA660501000

Last Buyer's Agent

Joelle Addante

Compass License #SA653506000 Listed on: 01/15/2025

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,013

Year Built

  • Built in 2025

Lot Details

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

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Spray Foam Insulation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,377 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by MILCO DEVELOPMENT
  • Olive View Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 172-32-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,013

Year Built

Built in 2025

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Camelback and 56th Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2025
  • Spa Private: Yes
  • Tax Year: 2024
  • Directions: From Camelback go south on 55th Street, turn left on the frontage road.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.73
  • Co List Office Mls Id: laun007
  • Co List Office Phone: 602-790-6484
  • Subdivision Name: OLIVE VIEW
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4377.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Spray Foam Insulation, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Complete Spec Home: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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: 32003.0
  • Parcel #: 172-32-008

Building Info

  • Builder Name: MILCO DEVELOPMENT

Tax Info

  • Tax Annual Amount: 5013.0
  • Tax Book Number: 172.00
  • Tax Lot: 2
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Mar 25, 2025
Sold by
Mrw Investments Llc
Bought by
Brb Family Trust and Burke
Seller's Agent
Joelle Addante
Compass
Buyer's Agent
Joelle Addante
Compass
List Price
$4,250,000
Sold Price
$3,500,000
Premium/Discount to List
-$750,000
-17.65%
Views
88
Current Estimated Value
$3,259,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$240,594
Avg. Annual Appreciation
-12.57%

Purchase Details

Closed on
Jul 30, 2024
Sold by
Mrw Investments Llc
Bought by
City Of Phoenix

Purchase Details

Listed on
Sep 7, 2023
Closed on
Sep 25, 2023
Sold by
Kramer Lois Ann
Bought by
Mrw Investments Llc
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Joelle Addante
Compass
Sold Price
$1,095,000
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
70.69%

Purchase Details

Closed on
Dec 3, 2019
Sold by
Kramer Gary David
Bought by
Kramer Lois Ann

Purchase Details

Closed on
Jun 23, 1997
Sold by
Rutan Mary R
Bought by
Kramer Gary D and Kramer Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $3,500,000 Magnus Title Agency
Warranty Deed -- Security Title Agency
Warranty Deed -- Security Title Agency
Warranty Deed $1,095,000 Magnus Title Agency
Warranty Deed -- None Available
Warranty Deed $325,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2025 03/27/25 Sold $3,500,000 -12.4% $800 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
02/03/2025 02/03/25 Price Changed $3,995,000 -6.0% $913 / Sq Ft
01/15/2025 01/15/25 For Sale $4,250,000 +288.1% $971 / Sq Ft
09/25/2023 09/25/23 Sold $1,095,000 -- $401 / Sq Ft View Prior Sale
09/02/2023 09/02/23 Pending -- -- --
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 $5,013 $63,778 -- --
2024 $4,912 $60,741 -- --
2023 $4,912 $122,600 $24,520 $98,080
2022 $4,711 $94,160 $18,830 $75,330
2021 $4,283 $88,620 $17,720 $70,900
2020 $4,211 $86,480 $17,290 $69,190
2019 $4,049 $85,080 $17,010 $68,070
2018 $3,921 $70,270 $14,050 $56,220
2017 $3,720 $69,880 $13,970 $55,910
2016 $3,619 $55,050 $11,010 $44,040
2015 $3,327 $51,130 $10,220 $40,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6805637

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-32-008