NOT LISTED FOR SALE

Estimated Value: $4,333,000 - $5,603,000

4 Beds
8.5 Baths
5,447 Sq Ft
$910/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $1,600,000 $294 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $27,079/month

70 Days on Market

Highlights

  • Lap Pool
  • 0.59 Acre Lot
  • Mountain View
  • Hopi Elementary School Rated A
  • Two Primary Bathrooms
  • Living Room with Fireplace

About This Home

As of May 2015

From the moment you enter this spectacular home, reminiscent of a Virginian Mansion, you’ll be struck by its romantic elegance. Gorgeous custom doors and windows align the stunning great room, and the huge farmhouse kitchen is an absolute dream with a large butler’s pantry and every imaginable amenity! There’s a fabulous restaurant style wet bar perfect for large scale entertaining, a full theatre, and a fantastic home office with exquisite ceiling detail. All of the bedrooms are dream worthy and each bathroom has its own dramatic design elements. The exceptional master retreat has a beautiful fireplace and his and hers fully appointed baths. The grounds are breathtaking with a dazzling pool and spa, outstanding pool house, huge covered patios and a very pretty ramada with a stone fire pit. This grand home is brilliantly designed and full of personality! Its impressive finishes include pristine wood flooring, custom ironwork, remarkable fireplaces inside and out, exposed brick, substantial wood work, granite, marble, canterra and furniture grade cabinetry. There's even an elevator and four-car garage! This is a truly special find, full of unique features and unparalleled character!

Last Agent to Sell the Property

Robert Joffe

Compass License #BR029057000 Listed on: 01/06/2015

Compass

Co-Listed By

Bob Bullock

Compass License #SA648623000

Last Buyer's Agent

Robert Joffe

ARJ Investments LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,810

Year Built

  • Built in 2010

Lot Details

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

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Shake Roof

Interior Spaces

  • 5,447 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Two Primary Bathrooms
  • 8.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Eco-Friendly Details

  • North or South Exposure

Pool

  • Lap Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Del Ray Estates 4 Subdivision

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 128-28-001-B

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,810

Year Built

Built in 2010

Lot Details

0

Parking

4

Listing Details

  • Cross Street: 56th St & Lafayette
  • 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: Y
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2010
  • Spa Private: Yes
  • Tax Year: 2010
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.59
  • Co List Office Mls Id: praz10
  • Co List Office Phone: 602-288-4400
  • Subdivision Name: Del Ray Estates 4
  • Architectural Style: Other
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • General Property Description:PriceSqFt: 293.73
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Walk-Out Access, Finished
  • Flooring: Tile, Wood
  • Basement YN: Yes
  • Spa Features: Private
  • Appliances: Gas Cooktop, Water Purifier
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, Two Way Fireplace, Exterior Fireplace, Living Room, Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Elevator, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Separate Shwr & Tub
  • Living Area: 5447.0
  • Stories: 3
  • Window Features: Skylight(s), Low-Emissivity Windows, Dual Pane, Wood Frames
  • 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:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Finished2: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • 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: Lap
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Wood Frame, Painted
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Shake
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:GazeboRamada: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System, Security System Owned
  • 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: 25759.0
  • Parcel #: 128-28-001-B

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 13809.8
  • Tax Book Number: 128.00
  • Tax Lot: 68
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2015
Closed on
Apr 29, 2015
Sold by
Douglass Milton C and Girourd Lisa N
Bought by
Alderslade David S and Doutre Helene M
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Robert Joffe
Compass
List Price
$1,995,000
Sold Price
$1,600,000
Premium/Discount to List
-$395,000
-19.8%
Current Estimated Value
$4,956,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,356,832
Avg. Annual Appreciation
11.15%
Original Mortgage
$1,360,000
Outstanding Balance
$1,016,027
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,940,805

Purchase Details

Closed on
Jul 12, 2011
Sold by
Bmo Harris Bank Na
Bought by
Douglass Milton C and Girouard Lisa N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2009
Sold by
Davis Kraig R
Bought by
Bermuda Trust

Purchase Details

Closed on
Feb 21, 2007
Sold by
Davis Kraig R
Bought by
Bermuda Trust

Purchase Details

Closed on
Jun 24, 2003
Sold by
Davis Debra T
Bought by
Davis Kraig R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2002
Sold by
Tomek Susann and Whitted Susan T
Bought by
Davis Kraig R
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alderslade David S $1,600,000 Metropolitan Title Agency
Douglass Milton C $1,200,000 Equity Title Agency Inc
Bermuda Trust -- None Available
Bermuda Trust -- None Available
Davis Kraig R -- Ticor Title Agency Of Az Inc
Davis Kraig R $400,000 Westland Title Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alderslade David S $1,360,000
Previous Owner Douglass Milton C $800,000
Previous Owner Davis Kraig R $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2015 05/01/15 Sold $1,600,000 -13.5% $294 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
02/05/2015 02/05/15 Price Changed $1,849,000 -7.3% $339 / Sq Ft
01/06/2015 01/06/15 For Sale $1,995,000 -- $366 / 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 $13,922 $176,461 -- --
2024 $12,990 $168,058 -- --
2023 $12,990 $305,330 $61,060 $244,270
2022 $12,435 $234,060 $46,810 $187,250
2021 $12,910 $239,460 $47,890 $191,570
2020 $12,710 $219,480 $43,890 $175,590
2019 $12,212 $207,050 $41,410 $165,640
2018 $11,720 $169,470 $33,890 $135,580
2017 $14,917 $173,501 $32,311 $141,190
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5217308

Arizona Regional Multiple Listing Service (ARMLS)

APN: 128-28-001C