5601 E Montecito Ave Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated Value: $3,298,000 - $4,148,000
4
Beds
3.5
Baths
4,360
Sq Ft
$863/Sq Ft
Est. Value
Highlights
- Heated Spa
- RV Gated
- Mountain View
- Hopi Elementary School Rated A
- 0.79 Acre Lot
- Contemporary Architecture
About This Home
As of October 2020This midcentury modern inspired showpiece is a true original. The thoughtful architecture is a rarity and polished design elements are apparent at every turn. A 30 foot long gallery serves as a showstopping entryway, and each room is filled with contemporary excellence from the European gourmet kitchen to the chic master hideaway. A dramatic 24 foot retractable window wall provides a gorgeous backdrop to the living spaces that offer serene, yet luxurious ambience and seamless indoor and outdoor living. The grounds are spectacular, the views are breathtaking, and together they provide a tasteful and relaxing atmosphere. This high end residence, located in the heart of Arcadia, is super stylish, ultra livable, designed to showcase artwork, and perfect for all types of entertaining!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,381
Year Built
- Built in 2008
Lot Details
- 0.79 Acre Lot
- Block Wall Fence
- Corner Lot
- Front and Back Yard Sprinklers
- Private Yard
- Grass Covered Lot
Parking
- 3 Car Garage
- 2 Open Parking Spaces
- Garage Door Opener
- Circular Driveway
- RV Gated
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Metal Roof
- Foam Roof
- Block Exterior
- Metal Construction or Metal Frame
Interior Spaces
- 4,360 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Skylights
- Gas Fireplace
- Double Pane Windows
- ENERGY STAR Qualified Windows with Low Emissivity
- Tinted Windows
- Living Room with Fireplace
- Mountain Views
- Security System Owned
Kitchen
- Eat-In Kitchen
- Built-In Microwave
- Kitchen Island
Flooring
- Wood
- Carpet
- Concrete
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- 3.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
- Bathtub With Separate Shower Stall
Pool
- Heated Spa
- Private Pool
Outdoor Features
- Covered patio or porch
- Fire Pit
Schools
- Hopi Elementary School
- Ingleside Middle School
- Arcadia High School
Utilities
- Refrigerated Cooling System
- Zoned Heating
- Heating System Uses Natural Gas
- Water Softener
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Edgewood Estates Subdivision
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 172-31-009-A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 2025
Sold by
Jayaraman Arun L and Nagarajan Ramya
Bought by
Jayaraman Nagarajan Living Trust and Jayaraman
Current Estimated Value
Purchase Details
Listed on
Jun 5, 2020
Closed on
Sep 2, 2020
Sold by
Courtin Roderick L and Courtin Holly E
Bought by
Jayaraman Arun L and Jayaraman Ramya Nagarajan
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Michael Chaisson
Compass
List Price
$2,199,000
Sold Price
$2,070,000
Premium/Discount to List
-$129,000
-5.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%
Original Mortgage
$1,656,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 3, 2008
Sold by
Courtin Roderick L and Courtin Holly E
Bought by
Courtin Roderick L and Courtin Holly E
Purchase Details
Closed on
Oct 24, 2005
Sold by
Cates Charles E and Cates Cora L
Bought by
Courtin Roderick L and Courtin Holly E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.68%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2003
Sold by
Oleary Thomas N and Oleary Nancy
Bought by
Cates Cora L
Similar Homes in the area
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 |
|---|---|---|---|
| Jayaraman Nagarajan Living Trust | -- | None Listed On Document | |
| Jayaraman Arun L | $2,070,000 | First American Title Ins Co | |
| Courtin Roderick L | -- | None Available | |
| Courtin Roderick L | $950,000 | Chicago Title Insurance Co | |
| Cates Cora L | -- | -- | |
| Oleary Thomas N | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jayaraman Arun L | $1,656,000 | |
| Previous Owner | Courtin Roderick L | $700,000 | |
| Previous Owner | Courtin Roderick L | $250,000 | |
| Previous Owner | Courtin Roderick L | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2020 10/15/20 | Sold | $2,070,000 | -5.9% | $475 / Sq Ft |
| 09/01/2020 09/01/20 | Pending | -- | -- | -- |
| 06/05/2020 06/05/20 | For Sale | $2,199,000 | -- | $504 / Sq Ft |
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 | $11,287 | $151,245 | -- | -- |
| 2024 | $11,048 | $144,043 | -- | -- |
| 2023 | $11,048 | $204,950 | $40,990 | $163,960 |
| 2022 | $10,572 | $159,210 | $31,840 | $127,370 |
| 2021 | $10,979 | $151,570 | $30,310 | $121,260 |
| 2020 | $10,808 | $135,160 | $27,030 | $108,130 |
| 2019 | $10,381 | $130,650 | $26,130 | $104,520 |
| 2018 | $9,960 | $118,130 | $23,620 | $94,510 |
| 2017 | $9,546 | $116,430 | $23,280 | $93,150 |
| 2016 | $9,284 | $108,320 | $21,660 | $86,660 |
| 2015 | $8,461 | $103,910 | $20,780 | $83,130 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Joffe
Seller's Agent in 2020
Robert Joffe
Compass
(602) 989-8300
172 in this area
276 Total Sales
-
Jonah Joffe
Seller Co-Listing Agent in 2020
Jonah Joffe
Compass
(602) 626-0775
129 in this area
177 Total Sales
-
Michael Chaisson
Buyer's Agent in 2020
Michael Chaisson
Compass
(480) 450-4632
4 in this area
21 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6087321
APN: 172-31-009A
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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