NOT LISTED FOR SALE

Estimated Value: $5,990,000 - $8,529,905

5 Beds
5.5 Baths
6,500 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $7,550,000 $1,162 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $37,812/month

3 Days on Market

Highlights

  • Heated Spa
  • 0.63 Acre Lot
  • Fireplace in Primary Bedroom
  • Hopi Elementary School Rated A
  • Mountain View
  • Contemporary Architecture

About This Home

As of December 2022

New Custom home coming to Arcadia Proper. This exceptional 5 bed/5.5 bath new custom build by Two Hawks Design and Development, Architecture by Integrated Design, will sit on 2/3 of an acre with North/South exposure. Other home features: 2 bonus rooms, a 4-car garage (optional 5th with a lift), negative edge pool, spa and outdoor kitchen and amazing Camelback Mountain views from multiple indoor and outdoor spaces.

Last Agent to Sell the Property

Larissa Hoss

Compass License #SA670946000 Listed on: 02/15/2022

Compass

Last Buyer's Agent

Frank DiMaggio

Compass License #SA671179000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,796

Year Built

  • Built in 2022 | Under Construction

Lot Details

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

Parking

  • 5 Car Garage
  • 8 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Designed by Integrated Design Architects
  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Metal Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 6,500 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Two Hawks Design and Developme
  • Exeter Square Amended Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 172-42-065

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,796

Year Built

Built in 2022 | Under Construction

Lot Details

0

Parking

5

Listing Details

  • Cross Street: 56th St and Camelback Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Integrated Design
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 8.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2022
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: From Camelback Road head South onto 56th Street, then head East on Monterosa Street. Home is on the South side of the street.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.63
  • Subdivision Name: EXETER SQUARE AMENDED
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Possible Bedrooms: 8
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, 2 Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Master Downstairs, Eat-in Kitchen, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Separate Shwr & Tub
  • Living Area: 6500.0
  • Stories: 2
  • Window Features: Dual Pane, Wood Frames
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Under Construction
  • Roof: Composition, Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Open Parking Spaces: 8.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • 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: 27632.0
  • Parcel #: 172-42-065

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat, Recirculation Pump

Building Info

  • Builder Name: Two Hawks Design and Developme

Tax Info

  • Tax Annual Amount: 8796.0
  • Tax Book Number: 172.00
  • Tax Lot: 4
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
Lynch Gregory C and Lynch Gina P
Bought by
Lynch Greg and Lynch Gina
Current Estimated Value
$6,858,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Outstanding Balance
$4,458,158
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$1,937,003

Purchase Details

Listed on
Feb 15, 2022
Closed on
Dec 14, 2022
Sold by
Two Hawks Investments 10 Llc
Bought by
Lynch Gregory C and Lynch Gina P
Seller's Agent
Larissa Hoss
Compass
Buyer's Agent
Frank DiMaggio
Compass
List Price
$6,950,000
Sold Price
$7,550,000
Premium/Discount to List
$600,000
8.63%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.76%
Original Mortgage
$5,000,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 21, 2021
Sold by
Kiraly Steven R and Springman Amy
Bought by
Tow Hawks Investments 10 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2009
Sold by
Kiraly Richard and Kiraly Lorraine
Bought by
Kiraly Steven and Springmann Amy

Purchase Details

Closed on
Nov 7, 1988
Sold by
Kiraly Richard
Bought by
Kiraly Richard and Kiraly Lorraine
Source: Public Records

Range of Values:

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Average Value
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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
Lynch Greg -- Wfg National Title Insurance C
Lynch Gregory C $7,550,000 Premier Title
Tow Hawks Investments 10 Llc $1,350,000 Magnus Title Agency
Two Hawks Investments 10 Llc $1,350,000 Magnus Title Agency Llc
Kiraly Steven -- None Available
Kiraly Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Greg $4,500,000
Previous Owner Lynch Gregory C $5,000,000
Previous Owner Two Hawks Investments 10 Llc $2,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $7,550,000 +8.6% $1,162 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $6,950,000 -- $1,069 / 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 $17,385 $221,196 -- --
2024 $12,590 $210,662 -- --
2023 $12,590 $260,130 $52,020 $208,110
2022 $8,253 $175,485 $175,485 $0
2021 $8,796 $110,110 $22,020 $88,090
2020 $8,667 $98,910 $19,780 $79,130
2019 $7,742 $97,110 $19,420 $77,690
2018 $7,422 $89,710 $17,940 $71,770
2017 $7,107 $92,350 $18,470 $73,880
2016 $6,909 $83,380 $16,670 $66,710
2015 $6,283 $80,060 $16,010 $64,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6356536

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-42-065