NOT LISTED FOR SALE

Estimated Value: $1,665,000 - $2,870,374

6 Beds
4.5 Baths
5,161 Sq Ft
$434/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $2,750,000 $533 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $12,093/month

89 Days on Market

Highlights

  • Horses Allowed On Property
  • Heated Pool
  • 0.56 Acre Lot
  • Desert Shadows Elementary School Rated A
  • RV Gated
  • Mountain View

About This Home

As of July 2024

PRICE IMPROVEMENT! This home has 6 bedrooms, 4.5 bathrooms a dedicated office, a secret bonus room as one of the bedrooms, and over $850,000 of additions and upgrades. Buyer fell out and home appraised for 2.8MM. Great STR with a forecasted 9 -10 cap with a forecasted 360k in income or a great home for a large family with instant equity. Expansive lot with room for a pickleball court and or a putting or chipping green? This luxurious property boasts a 1995 square foot addition that includes a spacious gourmet kitchen, mezzanine, large living area, 2 bedrooms, and 2.5 bathrooms, all under soaring 16' beamed ceilings. The palatial kitchen contains brand-new stainless-steel appliances including a 60'' side-by-side built-in refrigerator, 48'' range, built-in hood, and microwave drawer. The mezzanine level is wired for the potential future addition of a climate-controlled "wine wall". The electric fireplace, tiled from floor to ceiling, creates an inviting and modern ambiance that is a perfect area for gatherings. Enjoy the sleek luxury of a 20' wide retractable sliding door that leads to an expansive pool area. The 2-car garage has a 16' ceiling and a 220-volt power supply for a future EV charging station and/or a vehicle lift to accommodate additional vehicles. The home features 4 brand-new HVAC systems, ensuring that you stay 100% comfortable throughout the year. The pre-existing home structure has a large open common space upon entry that leads to a wet bar with a pass-through window to an exterior bar counter on the covered patio - perfect for entertaining guests both indoors and out. The original home boasts three bedrooms, two fully remodeled bathrooms, and a flex space that could potentially be a theater room. There are 2 laundry rooms, one off the owner's suite and the other for the main house. Another unique feature of the home is a secret room hidden behind a hallway bookcase - the perfect space for private and tranquil relaxation! As you step outside, the contemporary pavers and faux grass create the perfect pathway to the modernized and beautifully refinished pool and spa area with all-new pool equipment. The large gourmet outdoor kitchen features a built-in pizza oven, BBQ, side burner, fridge, sink, and trash cabinet - a dream come true for any chef! The covered Ramada provides a picturesque setting for outdoor dining, while the fire pit seating area is perfect for winding down after a long day. The large backyard also has an RV gate and ample space for a potential pickleball court addition, and/or putting and chipping green. The entire home has new, LED recessed ceiling and wall light fixtures inside and out. This property offers versatile flex space for your family, a second home, a short-term rental, or additional living space of your choice!

Last Agent to Sell the Property

Sheryl Matuszak

NORTH&CO. License #SA569064000 Listed on: 02/07/2024

Co-Listed By

Nicholas Roberts

Realty ONE Group License #SA708413000

Last Buyer's Agent

Leslie Carbajal

eXp Realty License #SA691358000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,356

Year Built

  • Built in 1973

Lot Details

  • 0.56 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Chain Link Fence
  • Artificial Turf

Parking

  • 2 Car Garage
  • 6 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • RV Gated

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,161 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Free Standing Fireplace
  • Double Pane Windows
  • Solar Screens
  • Mountain Views

Kitchen

  • Kitchen Updated in 2024
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2024
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom Updated in 2024
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Pool Updated in 2024
  • Heated Pool
  • Diving Board
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue

Schools

  • Desert Shadows Elementary School
  • Desert Shadows Middle School - Scottsdale
  • Horizon High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling System Updated in 2024
  • Central Air
  • Heating System Uses Natural Gas
  • Wiring Updated in 2024
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Shea North Estates No. 3 Remodeled Subdivision

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 167-03-095

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,356

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Cactus and 62nd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2024
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2024
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2024
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2024
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2024
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2024
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1973
  • Spa Private: Yes
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.56
  • Co List Office Mls Id: nrtc01
  • Co List Office Phone: 602-714-7000
  • Subdivision Name: SHEA NORTH ESTATES NO. 3 Remodeled
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 532.84
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Freestnd Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Other, Tile
  • Basement YN: No
  • Possible Use: Other
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Total Bedrooms: 6
  • Fireplace Features: 1 Fireplace, Free Standing
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 5161.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • 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
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Exterior Features: Storage, Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back
  • Pool Features: Diving Pool, Heated
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted, Slump Block
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:GazeboRamada: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, Garage Door Opener, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 6.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Natural Gas
  • 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 Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Desert Shadows Elementary School
  • High School: Horizon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Desert Shadows Middle School - Scottsdale

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24277.0
  • Parcel #: 167-03-095

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 5356.0
  • Tax Book Number: 167.00
  • Tax Lot: 202
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Jul 18, 2024
Sold by
Lynch Mark and Lynch Allegra
Bought by
Moltich Investments Llc and Moltich
Seller's Agent
Sheryl Matuszak
NORTH&CO.
Buyer's Agent
Leslie Carbajal
eXp Realty
List Price
$2,500,000
Sold Price
$2,750,000
Premium/Discount to List
$250,000
10%
Views
71
Current Estimated Value
$2,238,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$511,406
Avg. Annual Appreciation
-12.58%

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 13, 2022
Sold by
Mann Arlene C
Bought by
Lynch Mark and Lynch Allegra
Seller's Agent
Cheryl Cichon
PRO-formance Realty Concepts
Buyer's Agent
Sheryl Matuszak
Compass
List Price
$1,300,000
Sold Price
$1,075,000
Premium/Discount to List
-$225,000
-17.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.60%
Original Mortgage
$1,110,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2020
Sold by
Mann Arlene C
Bought by
Mann Arlene C and Cichon Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,636
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2014
Sold by
Mann Arlene C
Bought by
Mann Arlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,400
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2004
Sold by
Mann Jerome J
Bought by
Mann Arlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Moltich Investments Llc $2,750,000 Lawyers Title Of Arizona
Lynch Mark $1,075,000 Grand Canyon Title
Mann Arlene C -- Grand Canyon Title
Mann Arlene C -- Title365
Mann Arlene C -- First American Title Ins Co
Mann Arlene C -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lynch Mark $1,110,000
Previous Owner Mann Arlene C $205,636
Previous Owner Mann Arlene C $229,400
Previous Owner Mann Arlene C $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2025 08/04/25 Off Market $2,750,000 -- --
07/18/2024 07/18/24 Sold $2,750,000 +10.0% $533 / Sq Ft
07/02/2024 07/02/24 For Sale $2,500,000 0.0% $484 / Sq Ft
05/03/2024 05/03/24 Price Changed $2,500,000 -7.2% $484 / Sq Ft
03/30/2024 03/30/24 Price Changed $2,695,000 -2.0% $522 / Sq Ft
02/07/2024 02/07/24 For Sale $2,750,000 +155.8% $533 / Sq Ft
01/18/2022 01/18/22 Sold $1,075,000 -6.5% $420 / Sq Ft View Prior Sale
11/18/2021 11/18/21 Pending -- -- --
11/12/2021 11/12/21 Price Changed $1,150,000 -4.2% $450 / Sq Ft
11/04/2021 11/04/21 Price Changed $1,200,000 -4.0% $469 / Sq Ft
10/27/2021 10/27/21 Price Changed $1,250,000 -3.8% $489 / Sq Ft
10/21/2021 10/21/21 For Sale $1,300,000 -- $508 / 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 $5,617 $54,962 -- --
2024 $5,356 $52,345 -- --
2023 $5,356 $87,460 $17,490 $69,970
2022 $4,975 $53,850 $10,770 $43,080
2021 $4,390 $45,480 $9,090 $36,390
2020 $4,236 $44,380 $8,870 $35,510
2019 $4,242 $43,120 $8,620 $34,500
2018 $4,083 $42,000 $8,400 $33,600
2017 $3,889 $40,980 $8,190 $32,790
2016 $3,814 $40,370 $8,070 $32,300
2015 $3,490 $42,050 $8,410 $33,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6660996

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-03-095