NOT LISTED FOR SALE

Estimated Value: $4,145,000 - $6,121,011

7 Beds
6 Baths
7,341 Sq Ft
$735/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $2,275,000 $310 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $31,408/month

140 Days on Market

Highlights

  • Guest House
  • Barn
  • Lap Pool
  • Cherokee Elementary School Rated A
  • Arena
  • 1.87 Acre Lot

About This Home

As of May 2017

Rancho Lucero - originally built in 1951, named after the original owner's favorite quarter horse, 'Starlight', this exceptional estate property, a Spanish influenced adobe on 2 acres, encompasses lush grounds, understated street presence, private entry courtyard, intricate architectural detailing, oversized Master Suite w/ rich, wide plank hardwood floors & intimate private patio,kiva fireplace, + fully remodeled Master Bath and Kitchen(both 2016), Guest House, & 4 stall horse barn & arena. Featured in ''Images in America, Paradise Valley Architecture,'' its historic implications offer added cachet. 6 Bdrms & 5 Baths in main house; guest house offers living room, kitchenette, bedroom & bath. 3 car garage with plenty of room for expansion. 3 C's schools. Private, unassuming, magical.

Last Agent to Sell the Property

Cheryl Anderson

Russ Lyon Sotheby's International Realty License #SA114710000 Listed on: 10/27/2016

Russ Lyon Sotheby's International Realty

Co-Listed By

Jeffrey Anderson

Russ Lyon Sotheby's International Realty License #BR527633000

Last Buyer's Agent

Herbert Budwig

Realty ONE Group License #SA637837000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,051

Year Built

  • Built in 1951

Lot Details

  • 1.87 Acre Lot
  • Desert faces the front of the property
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Tile Roof
  • Built-Up Roof
  • Adobe

Interior Spaces

  • 7,341 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 6 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Lap Pool
  • Play Pool
  • Fence Around Pool

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Gazebo
  • Playground

Schools

  • Cherokee Elementary School
  • Cocopah Middle School
  • Chaparral High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Horse Stalls
  • Corral
  • Tack Room
  • Arena

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas

Additional Features

  • Guest House
  • Barn

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Original Adobe
  • Paradise Green Subdivision

Listing and Financial Details

  • Tax Lot MB
  • Assessor Parcel Number 168-37-001-F

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,051

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Cross Street: DOUBLETREE & 60TH ST
  • Legal Info Range: R4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1951
  • Tax Year: 2015
  • Directions: N. to Berneil, first left and then immediate right into cul de sac.
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 1.87
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: PARADISE GREEN
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: F
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 9
  • Total Bedrooms: 7
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, Wet Bar, Kitchen Island, 2 Master Baths, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 7341.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground, Gazebo/Ramada, Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Cul-De-Sac, Grass Back
  • Pool Features: Play Pool, Fenced, Lap, Private
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Adobe
  • Other Structures: Guest House
  • Roof: Tile, Built-Up
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Construction:Adobe: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Side Vehicle Entry: 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: Cherokee Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Horse Amenities: Arena, Barn, Corral(s), Stall, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 81499.0
  • Parcel #: 168-37-001-F
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Original Adobe

Tax Info

  • Tax Annual Amount: 11051.0
  • Tax Book Number: 168.00
  • Tax Lot: MB
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2016
Closed on
Mar 17, 2017
Sold by
Cohn James M and Cohn Linda
Bought by
Ashby Robert Scott and Ashby Karen Ann
Seller's Agent
Cheryl Anderson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Herbert Budwig
Realty ONE Group
List Price
$2,495,000
Sold Price
$2,275,000
Premium/Discount to List
-$220,000
-8.82%
Total Days on Market
140
Current Estimated Value
$5,395,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,120,503
Avg. Annual Appreciation
11.29%
Original Mortgage
$1,820,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 9, 2001
Sold by
Shacknai Jonah and Shacknai Kimberly
Bought by
Cohn James M and Cohn Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 1994
Sold by
Jenkins Mark R
Bought by
Shacknai Jonah and Shacknai Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Interest Rate
8.25%
Mortgage Type
New Conventional
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
Ashby Robert Scott $2,275,000 First American Title Insuran
Cohn James M $1,725,000 Arizona Title Agency Inc
Shacknai Jonah $925,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashby Robert Scott $1,803,370
Previous Owner Ashby Robert Scott $1,820,000
Previous Owner Cohn James M $900,000
Previous Owner Cohn James M $965,000
Previous Owner Cohn James M $995,000
Previous Owner Shacknai Jonah $693,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2017 05/11/17 Sold $2,275,000 -8.8% $310 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $2,495,000 0.0% $340 / Sq Ft
01/22/2017 01/22/17 Price Changed $2,495,000 -3.9% $340 / Sq Ft
10/27/2016 10/27/16 For Sale $2,595,000 -- $353 / 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 $13,454 $239,066 -- --
2024 $13,260 $227,682 -- --
2023 $13,260 $275,900 $55,180 $220,720
2022 $12,696 $218,550 $43,710 $174,840
2021 $13,534 $200,510 $40,100 $160,410
2020 $13,444 $195,110 $39,020 $156,090
2019 $12,958 $195,420 $39,080 $156,340
2018 $12,455 $189,930 $37,980 $151,950
2017 $11,942 $180,730 $36,140 $144,590
2016 $11,679 $178,570 $35,710 $142,860
2015 $11,051 $178,570 $35,710 $142,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5517073

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-37-001F