NOT LISTED FOR SALE

Estimated Value: $5,386,055 - $5,746,000

5 Beds
7 Baths
5,643 Sq Ft
$983/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $3,675,000 $651 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $32,625/month

21 Days on Market

Highlights

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

About This Home

As of January 2020

Elegance. Design. Craftsmanship. Quality. Every once in a great while... a property so special comes to market. This is one of those. A masterfully designed and artful collaboration between Architect, Milos Minic of Integrated Design, Interior Design by Lissa Lee Hickman, Landscape by Refined Gardens and custom built by Fairmount Development - this one of a kind property is unlike anything on the market. Luxury and attention to detail touch each surface from the artisan ceiling designs to the show stopping Calacatta marble slab waterfall countertops at the kitchen island and impressive butler's pantry complete with secondary dishwasher, ice maker and ample wine storage. Luxurious master suite rivals any Ritz Carlton penthouse with generous soaking tub, marble slab countertops and and substantial walk in shower with custom chevron marble tile designs. A highlight of the interior is a custom fabricated steel wall partition that introduces a distinctive, unique and modern space-defining element that compliments the overall comfortable and elegant feel. One of the most thoughtful floorplans out there... with a split plan design with separate guest wing, open great room concept with separate office, formal dining room, and family / flex space that capture the views of our iconic landmark... Camelback Mountain. Custom bi-fold door connecting the great room with the outdoors, solid limestone fireplace surrounds, wide plank - white oak flooring throughout, ultra high-end custom cabinetry by Distinctive Custom Cabinetry and a noteworthy Smart Home system by Cyber Technology are just some of the special features that grace this one of a kind gem. Top of the line Refined Gardens landscape package creates an ambience reminiscent of fine French gardens with layered landscape details, water and fire features both front and back and a lap worthy pool with built in spa and deck jet accents. Nothing was spared... nothing was missed... nothing can compare. Because when it's not just a spec... it's just special.

Last Agent to Sell the Property

Shawna Warner

RETSY License #SA114065000 Listed on: 11/06/2019

RETSY

Co-Listed By

Lara Broadrick

RETSY License #SA559945000

Last Buyer's Agent

Katrina Barrett

Walt Danley Local Luxury Christie's International Real Estate License #BR578628000

Walt Danley Local Luxury Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,104

Year Built

  • Built in 2019

Lot Details

  • 0.55 Acre Lot
  • Private Streets
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Spray Foam Insulation
  • Shake Roof
  • Stucco

Interior Spaces

  • 5,643 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Smart Home

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Lap Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Storage
  • Playground

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Fairmount Development
  • Arcadia Subdivision

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 128-57-060

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,104

Year Built

Built in 2019

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 56th Street / Camelback
  • 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 Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2019
  • Spa Private: Yes
  • Tax Year: 2018
  • Directions: South on 56th Street, east on Lafayette Blvd to home on south side of street
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.55
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: Arcadia
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5643.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, 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:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Private Street(s), Private Yard, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Lap, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Brick Veneer, Spray Foam Insulation, Synthetic Stucco, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Complete Spec Home
  • Roof: Shake
  • Construction:Frame - Wood: Yes
  • 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:Storage: Yes
  • Construction Status:Complete Spec Home: Yes
  • Exterior Features:Private Street(s): Yes
  • Construction:Spray Foam Insulatn: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Over Height Garage, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other, See Remarks, Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: 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: 23784.0
  • Parcel #: 128-57-060

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Fairmount Development

Tax Info

  • Tax Annual Amount: 8104.0
  • Tax Book Number: 128.00
  • Tax Lot: 46
  • Tax Map Number: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Dec 23, 2019
Sold by
Fairmount Lafayette Llc
Bought by
Rishi Radha G and Rishi Rahul S
Seller's Agent
Shawna Warner
RETSY
Buyer's Agent
Katrina Barrett
Walt Danley Local Luxury Christie's International Real Estate
List Price
$3,700,000
Sold Price
$3,675,000
Premium/Discount to List
-$25,000
-0.68%
Current Estimated Value
$5,749,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,074,661
Avg. Annual Appreciation
8.15%
Original Mortgage
$2,940,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2017
Sold by
Eisen Jerry M and Eisen Janet M
Bought by
Fairmount Lafayette Llc

Purchase Details

Closed on
Jun 14, 2012
Sold by
Eisen Jerry M and Eisen Janet Mery
Bought by
Eisen Jerry M and Eisen Janet Mery

Purchase Details

Closed on
Aug 18, 2003
Sold by
Eisen Jerry M and Eisen Janet Mery
Bought by
Eisen Jerry M and Eisen Janet Mery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1998
Sold by
Eisen Jerry M and Eisen Janet Mery
Bought by
Eisen Jerry M and Eisen Janet Mery

Purchase Details

Closed on
Sep 28, 1994
Sold by
Macgillivray Charles D and Macgillivray Patricia W
Bought by
Eisen Jerry M and Eisen Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.58%
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
Rishi Radha G $3,675,000 American Title Svc Agcy Llc
Fairmount Lafayette Llc $900,000 American Title Service Agenc
Eisen Jerry M -- None Available
Eisen Jerry M -- Westland Title Agency Of Az
Eisen Jerry M -- Westland Title Agency Of Az
Eisen Jerry M -- --
Eisen Jerry M $400,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rishi Radha G $2,906,650
Closed Rishi Radha G $2,940,000
Closed Rishi Radha G $2,940,000
Previous Owner Elsen Jerry M $380,000
Previous Owner Elsen Jerry M $100,000
Previous Owner Eisen Jerry M $300,000
Previous Owner Eisen Jerry M $195,000
Previous Owner Eisen Jerry M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Sold $3,675,000 -0.7% $651 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $3,700,000 -- $656 / 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 $15,568 $205,705 -- --
2024 $15,243 $195,909 -- --
2023 $15,243 $335,610 $67,120 $268,490
2022 $14,595 $267,130 $53,420 $213,710
2021 $15,149 $265,380 $53,070 $212,310
2020 $14,916 $230,250 $46,050 $184,200
2019 $8,104 $113,220 $22,640 $90,580
2018 $7,793 $99,260 $19,850 $79,410
2017 $6,888 $104,380 $20,870 $83,510
2016 $6,695 $96,750 $19,350 $77,400
2015 $6,087 $87,500 $17,500 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6001463

Arizona Regional Multiple Listing Service (ARMLS)

APN: 128-57-060