NOT LISTED FOR SALE

Estimated Value: $5,134,000 - $5,917,000

5 Beds
5 Baths
5,473 Sq Ft
$991/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $3,350,000 $612 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $31,465/month

10 Days on Market

Highlights

  • Heated Pool
  • 0.7 Acre Lot
  • Family Room with Fireplace
  • Hopi Elementary School Rated A
  • Mountain View
  • Vaulted Ceiling

About This Home

As of March 2020

Quality, Originality, Creativity and Pure Beauty! Sitting on one of the best lots in Arcadia, this custom showpiece is beyond impressive with room after room of impeccable style. From the kitchen to the master hideaway, you'll find up to the moment finishes and fresh design ideas including exceptional millwork, sleek surfaces, exposed brick, dramatic lighting, custom ceiling designs, artistic tile and gorgeous flooring. There are so many special spaces that it will be hard to pick a favorite from the great room, den, playroom, home office, the wine room or bathrooms, because each and every space is just phenomenal. The setting is a personal playground for the kids and adults alike with a courtyard entry, fireplace, pool, spa, ramada, huge covered patio, putting green, playground and beautiful lush yard. Not a detail was overlooked inside or out of this magnificent family home!

Last Agent to Sell the Property

Robert Joffe

Compass License #BR029057000 Listed on: 01/13/2020

Compass

Co-Listed By

Jonah Joffe

Compass License #SA687192000

Last Buyer's Agent

Judy Hudek

Realty ONE Group License #SA552082000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,518

Year Built

  • Built in 2015

Lot Details

  • 0.7 Acre Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Shake Roof
  • Stucco

Interior Spaces

  • 5,473 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Wood Flooring
  • Mountain Views
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Built-In Barbecue
  • Playground

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • 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 6
  • Assessor Parcel Number 172-31-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,518

Year Built

Built in 2015

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Camelback Road and 56th St
  • 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 Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2015
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: South on 56th Street to Exeter. East on Exeter to property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.7
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: EDGEWOOD ESTATES
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 5473.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Fireplace:Gas Fireplace: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground, Built-in Barbecue
  • Lot Features: Grass Front, Grass Back
  • Pool Features: Fenced, Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Shake
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • 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

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: 30305.0
  • Parcel #: 172-31-006
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 14518.0
  • Tax Book Number: 172.00
  • Tax Lot: 6
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2022
Sold by
Janis S Merrill Revocable Trust
Bought by
Janis S Merrill Revocable Trust
Current Estimated Value
$5,422,076

Purchase Details

Listed on
Jan 13, 2020
Closed on
Feb 26, 2020
Sold by
Gross Jeffrey J and Gross Candis M
Bought by
Merrill Janis S and The Janis S Merrill Revocable
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Judy Hudek
Realty ONE Group
List Price
$3,500,000
Sold Price
$3,350,000
Premium/Discount to List
-$150,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%

Purchase Details

Closed on
May 5, 2016
Sold by
Gross Jeffrey J
Bought by
Jcg Trust and Gross Candis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 2016
Sold by
Gross Jeffrey J
Bought by
Gross Jeffrey J and Gross Candis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 15, 2014
Sold by
Gross Candis M
Bought by
Gross Jeffrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2014
Sold by
Cre Ventures Xv Llc
Bought by
Gross Jeffrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2013
Sold by
Bonnaroo Investments Llc
Bought by
Cre Ventures Xv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2007
Sold by
Hilby Bruce T and Hilby Paula A
Bought by
Bonnaroo Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
6.51%
Mortgage Type
Unknown
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
Janis S Merrill Revocable Trust -- None Listed On Document
Janis S Merrill Revocable Trust -- None Listed On Document
Merrill Janis S $3,350,000 Empire West Title Agency Llc
Jcg Trust -- Accommodation
Gross Jeffrey J -- First Arizona Title Agency
Gross Jeffrey J -- First Arizona Title Agency
Gross Jeffrey J -- None Available
Gross Jeffrey J -- Greystone Title Agency Llc
Gross Jeffrey J $1,100,000 Greystone Title Agency Llc
Cre Ventures Xv Llc $900,000 Magnus Title Agency
Bonnaroo Investments Llc $1,400,000 Camelback Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gross Jeffrey J $1,750,000
Previous Owner Gross Jeffrey J $1,750,000
Previous Owner Gross Jeffrey J $700,000
Previous Owner Gross Jeffrey J $700,000
Previous Owner Cre Ventures Xv Llc $350,000
Previous Owner Bonnaroo Investments L L C $3,200,000
Previous Owner Bonnaroo Investments Llc $1,120,000
Previous Owner Hilby Bruce T $125,000
Previous Owner Hilby Bruce T $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2020 03/09/20 Sold $3,350,000 -4.3% $612 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $3,500,000 -- $640 / 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 $15,116 $199,960 -- --
2024 $14,800 $190,438 -- --
2023 $14,800 $324,320 $64,860 $259,460
2022 $14,171 $251,580 $50,310 $201,270
2021 $14,709 $248,030 $49,600 $198,430
2020 $14,483 $222,200 $44,440 $177,760
2019 $14,518 $217,870 $43,570 $174,300
2018 $13,961 $193,070 $38,610 $154,460
2017 $13,413 $192,480 $38,490 $153,990
2016 $13,068 $169,600 $33,920 $135,680
2015 $6,144 $98,224 $98,224 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6023246

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-31-006