NOT LISTED FOR SALE

5602 E Montecito Ave Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $3,256,686 - $4,434,000

4 Beds
4 Baths
4,949 Sq Ft
$788/Sq Ft Est. Value

Last Sold November 07, 2014

Last sale price $1,270,000 $257 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $21,134/month

77 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Mountain View
  • Hopi Elementary School Rated A
  • 0.75 Acre Lot
  • Vaulted Ceiling

About This Home

As of November 2014

MAJOR REMODEL!! THIS BEAUTY BOASTS HUGE CAMELBACK MOUNTAIN VIEWS & A STUNNING GOURMET KITCHEN WITH LG. ISLAND, MARBLE COUNTER-TOPS, ALL NEW WOOD PLANK FLOORS, & ALL NEW THERMADOR HIGH END STAINLESS STEEL APPL. PKG.! KITCHEN OPENS TO HUGE GREAT RM & LG. DINING RM- BOTH BATHED IN NATURAL SUNLIGHT! SEPARATE OFFICE WITH DOUBLE DOORS & WOOD PLANK FLOORING. PALATIAL MASTER BDRM SUITE WITH SEPARATE HIS/HER WALK-IN CLOSETS, DECADENT MASTER BATHROOM WITH SEP. TUB & MARBLE WALK-IN SHOWER. HUGE SEPARATE GAME ROOM - IDEAL FOR FAMILY LIVING + 3 KIDS BDRMS IN SEPARATE KID'S WING. HUGE OUTDOOR ENTERTAINING SPACES WITH LG. DIVING POOL AND SHOWY TRAVERTINE STONE DECKING!! 4 CAR GARAGE & BIG CIRCULAR DRIVEWAY IN FRONT FOR PLENTY OF ON-SITE PARKING. ORIGINALLY BUILT IN 1953-W/ MANY MAJOR REMODELS THROUGH THE YEARS-- MOST RECENTLY 2014.

Last Agent to Sell the Property

Kristen Ryan

RE/MAX Fine Properties License #SA524859000 Listed on: 07/25/2014

RE/MAX Fine Properties

Co-Listed By

Brian Keller

RE/MAX Fine Properties License #SA643426000

Last Buyer's Agent

Leslie McDonnell

RE/MAX Fine Properties License #SA651937000

RE/MAX Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,343

Year Built

  • Built in 2013

Lot Details

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

Parking

  • 4 Car Garage
  • 8 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway
  • RV Gated

Home Design

  • Santa Barbara Architecture
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,949 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Diving Board

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
  • North or South Exposure
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Edgewood Estates Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 172-31-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,343

Year Built

Built in 2013

Lot Details

0

Parking

4

Listing Details

  • Cross Street: 56TH STREET & CAMELBACK
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 8.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2013
  • Tax Year: 2013
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.75
  • Co List Office Mls Id: rmfp03
  • Co List Office Phone: 480-792-9500
  • Subdivision Name: EDGEWOOD ESTATES
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 256.62
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4949.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Gate, Garage Door Opener, Circular Driveway, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 8.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • 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

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: 32474.0
  • Parcel #: 172-31-001

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 6343.34
  • Tax Book Number: 172.00
  • Tax Lot: 1
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2014
Closed on
Nov 5, 2014
Sold by
Legit Properties Llc
Bought by
Howard Dianne Y and Howard James W
Seller's Agent
Kristen Ryan
RE/MAX Fine Properties
Buyer's Agent
Leslie McDonnell
RE/MAX Fine Properties
List Price
$1,795,000
Sold Price
$1,270,000
Premium/Discount to List
-$525,000
-29.25%
Current Estimated Value
$3,898,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,628,922
Avg. Annual Appreciation
10.59%
Original Mortgage
$1,016,000
Outstanding Balance
$783,142
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$3,115,780

Purchase Details

Listed on
Jul 25, 2014
Closed on
Oct 3, 2014
Sold by
Rei Capital Llc
Bought by
Legit Properties Llc
Seller's Agent
Kristen Ryan
RE/MAX Fine Properties
Buyer's Agent
Leslie McDonnell
RE/MAX Fine Properties
List Price
$1,795,000
Sold Price
$1,270,000
Premium/Discount to List
-$525,000
-29.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,016,000
Outstanding Balance
$783,142
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$3,115,780

Purchase Details

Closed on
Jul 16, 2014
Sold by
Rei Capital Llc
Bought by
Rei Capital Llc and Legit Properties Llc

Purchase Details

Listed on
Sep 24, 2013
Closed on
May 31, 2014
Sold by
Hake Duane
Bought by
Dbh Investment Llc
Seller's Agent
Tommy Atkinson
Realty ONE Group
Buyer's Agent
Leon Gavartin
Jason Mitchell Real Estate
List Price
$1,250,000
Sold Price
$900,000
Premium/Discount to List
-$350,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%
Original Mortgage
$810,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 24, 2013
Closed on
Apr 9, 2014
Sold by
Teitel Douglas and Teitel Molly
Bought by
Rei Capital Llc
Seller's Agent
Tommy Atkinson
Realty ONE Group
Buyer's Agent
Leon Gavartin
Jason Mitchell Real Estate
List Price
$1,250,000
Sold Price
$900,000
Premium/Discount to List
-$350,000
-28%

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
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 5, 2012
Closed on
Apr 5, 2012
Sold by
Goldberg Joshua Bobby
Bought by
Teitel Douglas and Teitel Molly Ross
Seller's Agent
Jonathan Miller
Fathom Realty Elite
Buyer's Agent
Leon Gavartin
Jason Mitchell Real Estate
List Price
$699,900
Sold Price
$640,000
Premium/Discount to List
-$59,900
-8.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.29%
Original Mortgage
$650,000
Interest Rate
3.91%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Howard Dianne Y $1,270,000 First Arizona Title Agency
Legit Properties Llc -- First Arizona Title Agency
Rei Capital Llc -- Accommodation
Dbh Investment Llc -- None Available
Dbh Investments Llc -- Accommodation
Rei Capital Llc $900,000 First Arizona Title Agency
Teitel Douglas $640,000 Chicago Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Dianne Y $1,016,000
Closed Legit Properties Llc $1,050,000
Previous Owner Rei Capital Llc $810,000
Previous Owner Teitel Douglas $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2014 11/07/14 Sold $1,270,000 -10.9% $257 / Sq Ft
10/07/2014 10/07/14 Price Changed $1,425,000 -4.9% $288 / Sq Ft
09/22/2014 09/22/14 Price Changed $1,499,000 -6.0% $303 / Sq Ft
09/04/2014 09/04/14 Price Changed $1,595,000 -3.0% $322 / Sq Ft
08/28/2014 08/28/14 Price Changed $1,645,000 -2.9% $332 / Sq Ft
08/18/2014 08/18/14 Price Changed $1,695,000 -5.6% $342 / Sq Ft
07/25/2014 07/25/14 For Sale $1,795,000 +99.4% $363 / Sq Ft
04/15/2014 04/15/14 Sold $900,000 -5.3% $204 / Sq Ft View Prior Sale
03/30/2014 03/30/14 Pending -- -- --
03/19/2014 03/19/14 Price Changed $950,000 -4.5% $215 / Sq Ft
03/01/2014 03/01/14 Price Changed $995,000 -4.8% $225 / Sq Ft
02/14/2014 02/14/14 Price Changed $1,045,000 -4.6% $236 / Sq Ft
12/02/2013 12/02/13 Price Changed $1,095,000 -8.4% $248 / Sq Ft
10/04/2013 10/04/13 Price Changed $1,195,000 -4.4% $270 / Sq Ft
09/24/2013 09/24/13 For Sale $1,250,000 +95.3% $283 / Sq Ft
04/05/2012 04/05/12 Sold $640,000 -8.6% $129 / Sq Ft View Prior Sale
03/11/2012 03/11/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $699,900 -- $141 / 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 $8,476 $123,435 -- --
2024 $8,907 $117,557 -- --
2023 $8,907 $173,460 $34,690 $138,770
2022 $8,518 $132,460 $26,490 $105,970
2021 $8,850 $128,060 $25,610 $102,450
2020 $8,711 $115,870 $23,170 $92,700
2019 $8,362 $110,730 $22,140 $88,590
2018 $8,018 $102,510 $20,500 $82,010
2017 $7,680 $102,400 $20,480 $81,920
2016 $7,467 $91,380 $18,270 $73,110
2015 $6,795 $87,930 $17,580 $70,350
Source: Public Records

Agents Affiliated with this Home

  • Kristen Ryan

    Seller's Agent in 2014

    Kristen Ryan

    RE/MAX

    (480) 688-2429

    3 in this area

    84 Total Sales

    Kristen Ryan
    Section Image
  • Tommy Atkinson

    Seller's Agent in 2014

    Tommy Atkinson

    Realty One Group

    (602) 625-6020

    21 in this area

    47 Total Sales

    Tommy Atkinson
    Section Image

  • B

    Seller Co-Listing Agent in 2014

    Brian Keller

    RE/MAX

  • Leslie McDonnell

    Buyer's Agent in 2014

    Leslie McDonnell

    RE/MAX

    (602) 510-5991

    8 in this area

    45 Total Sales

    Leslie McDonnell
    Section Image
  • Leon Gavartin

    Buyer's Agent in 2014

    Leon Gavartin

    Jason Mitchell Real Estate

    (602) 329-1918

    3 in this area

    74 Total Sales

    Leon Gavartin
    Section Image
  • Jonathan Miller

    Seller's Agent in 2012

    Jonathan Miller

    Fathom Realty Elite

    (480) 296-6683

    6 in this area

    180 Total Sales

    Jonathan Miller
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5149510

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-31-001

Arizona Maricopa County Phoenix 85018 Camelback East Village

5602 E Montecito Ave, Phoenix, AZ

Not Listed for Sale

Detached

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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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