NOT LISTED FOR SALE

Estimated Value: $7,473,000 - $8,031,605

7 Beds
11 Baths
20,000 Sq Ft
$390/Sq Ft Est. Value

Last Sold April 02, 2012

Last sale price $4,300,000 $215 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $44,165/month

531 Days on Market

Highlights

  • Guest House
  • Home Theater
  • Sauna
  • Kiva Elementary School Rated A
  • Private Pool
  • City Lights View

About This Home

As of April 2012

Seller's loss is Buyer's gain! This partially completed, one of a kind contemporary masterpiece, designed by world renown architect is perched on almost 4 acres in the shadow of Camelback Mountain in the heart of one of Paradise Valley's most exclusive areas known as Cameldale. Seller has invested over $20 million in this property and is willing to make a deal!

Last Agent to Sell the Property

Robert Hassett

Russ Lyon Sotheby's International Realty License #SA029216000 Listed on: 09/24/2010

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Robert Hassett

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,466

Year Built

  • Built in 2010 | Under Construction

Lot Details

  • 3.87

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Block Exterior
  • Metal Construction or Metal Frame

Interior Spaces

  • 20,000 Sq Ft Home
  • Elevator
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Sauna
  • Eat-In Kitchen
  • Concrete Flooring
  • Security System Owned
  • Laundry in unit
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Parking

  • 6 Car Garage
  • Circular Driveway

Outdoor Features

  • Private Pool
  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace

Additional Homes

  • Guest House
  • 800 SF Accessory Dwelling Unit

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro Elementary High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Borders State Land

Community Details

  • $42,867 per year Dock Fee
  • Association fees include no fees
  • Located in the Cameldale Properties master-planned community
  • Built by The Construction Zone

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,466

Year Built

Built in 2010 | Under Construction

Lot Details

0

Listing Details

  • Tax Municipality: Paradise Valley
  • Cross Street: Invergordon/McDonald
  • Legal Info Lot Number: 31
  • Legal Info Range: 4E
  • Legal Info Section: 16
  • Legal Info Township: 2N
  • Property Type: A
  • Unit Style: Two Levels
  • Technology: Cable TV Avail, High Speed Internet Available, Security Sys Owned
  • Assessor Parcel Number: 38.00
  • Hundred Block: 5800
  • Legal Description Abbrev: CAMEL DALE PROPERTIES
  • Marketing Name: Cameldale Properties
  • Type: ER
  • Ownership: Fee Simple
  • Architecture: Contemporary
  • Assessor Parcel Number: 172-02-038
  • Basement: Y
  • Basement Description: Unfinished
  • Construction Status: Under Construction
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 711FRDXPQANO6G
  • Energy Green Features: Multi-Zones
  • Map Code Grid: N36
  • Primary Bathroom Type: 2 Master Baths, Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 6.00
  • Parking Spaces Total Covered Spaces: 6.00
  • Planned Comm Name: Cameldale Properties
  • Price per Sq Ft: 215.00
  • Property Group Id: 19990816212109142258000000
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2010
  • Tax Year: 2009
  • Directions: West on McDonald to Yucca, south to Cameldale, Right to second house on the left (under construction)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: Elevator, See Remarks
  • Bedrooms: 7
  • Bedrooms Plus: 9.00
  • Other Rooms: Basement, Bonus/Game Room, Exercise/Sauna Room, Family Room, Guest Qtrs-Sep Entrn, Media Room
  • Bathrooms: 11.00
  • Laundry: Inside
  • Flooring: Concrete
  • Fireplace: 3+ Fireplace, Exterior Fireplace, Fireplace Family Rm, Fireplace Master Bdr
  • Dining Area: Eat-in Kitchen, Formal
  • Estimated Lot Sq Ft: 168746.00
  • Estimated Sq Ft: 20000.00
  • Source Of Sq Ft: Owner

Exterior Features

  • Exterior Stories: 1
  • Pool: Private Only
  • Fencing: See Remarks
  • Construction: Block, Frame - Metal
  • Exterior Features: Balcony, Circular Drive, Covered Patio(s), Patio, Separate Guest House
  • Guest House Sq Ft: 800.00
  • Pool Private: Private

Utilities

  • Water: City Water
  • Utilities: APS
  • Cooling: Refrigeration
  • Heating: Natural Gas

Condo/Co-op/Association

  • Services: City Services
  • Fee Include: No Fees

Schools

  • Elementary School: Kiva Elementary School
  • Middle School: Mohave Middle School
  • High School: Saguaro Elementary School
  • Elementary School: Kiva Elementary School
  • High School: Saguaro Elementary School
  • Jr High School: Mohave Middle School

Lot Info

  • Property Description: Border Pres/Pub Lnd, City Light View(s), Mountain View(s), North/South Exposure

Building Info

  • Builder Name: The Construction Zone

Tax Info

  • Taxes: 42867.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2024
Sold by
75 Wc Llc
Bought by
Wall Family Community Property Trust and Wall
Total Days on Market
531
Current Estimated Value
$7,796,535

Purchase Details

Listed on
Sep 24, 2010
Closed on
Mar 28, 2012
Sold by
Lipton Jeffrey M and Lipton Shelley
Bought by
75 Wc Llc
Seller's Agent
Robert Hassett
Russ Lyon Sotheby's International Realty
Buyer's Agent
Robert Hassett
Russ Lyon Sotheby's International Realty
List Price
$13,900,000
Sold Price
$4,300,000
Premium/Discount to List
-$9,600,000
-69.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Oct 30, 2006
Sold by
Magic Ranch 40 Llc
Bought by
Lipton Jeffrey M and Lipton Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Interest Rate
6.36%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 17, 2005
Sold by
Nshe Spring Mill Llc
Bought by
Magic Ranch 40 Llc and Magic Ranch Ne 40 Llc

Purchase Details

Closed on
Feb 15, 2005
Sold by
King Of Hearts Llc
Bought by
Nshe Spring Mill Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 1998
Sold by
Israel Marc S and Israel Deborah R
Bought by
King Of Hearts Llc

Purchase Details

Closed on
Apr 25, 1994
Sold by
Rudin Sidney S
Bought by
Israel Marc S and Israel Deborah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.79%
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 Buyer Sale Price Title Company
Wall Family Community Property Trust $7,900,000 Clear Title Agency Of Arizona
75 Wc Llc $4,300,000 Lawyers Title Of Arizona Inc
Lipton Jeffrey M -- Camelback Title Agency Llc
Magic Ranch 40 Llc -- Tsa Title Agency
Nshe Spring Mill Llc $3,800,000 Transnation Title
King Of Hearts Llc $1,900,000 Fidelity Title
Israel Marc S $420,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lipton Jeffrey M $15,000,000
Previous Owner Nshe Spring Mill Llc $3,000,000
Previous Owner Israel Marc S $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2012 04/02/12 Sold $4,300,000 -57.0% $215 / Sq Ft
04/07/2011 04/07/11 Price Changed $9,995,000 -28.1% $500 / Sq Ft
09/24/2010 09/24/10 For Sale $13,900,000 -- $695 / 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 $33,466 $569,277 $569,277 --
2024 $33,005 $542,169 $542,169 --
2023 $33,005 $887,805 $887,805 $0
2022 $31,660 $721,065 $721,065 $0
2021 $33,656 $754,410 $754,410 $0
2020 $33,441 $668,865 $668,865 $0
2019 $32,286 $657,495 $657,495 $0
2018 $31,087 $646,635 $646,635 $0
2017 $29,865 $548,775 $548,775 $0
2016 $29,240 $497,730 $497,730 $0
2015 $29,593 $525,408 $525,408 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4465022

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-02-038