$3,500,000
SOLD SEP 30, 2020
5 Beds
6 Baths
11,097 Sq Ft
1.37 Acres

Recently Sold

$315 Per Sq Ft

30% Below List Price

615 Days on Market

Highlights

  • Heated Spa
  • Gated Parking
  • Contemporary Architecture
  • Phoenix Coding Academy Rated A
  • 1.37 Acre Lot
  • Two Way Fireplace

About This Home

As of November 2024

Gorgeous Contemporary Gated Estate, smartly situated on a large and beautifully landscaped private Paradise Valley lot. This home is perfect for entertaining, with an amazingly spacious and open social area, consisting of the kitchen, great room, dining, bar/lounge area, entry foyer, and outdoor patio, which becomes an extension of the interior living space via the 35 feet of pocketing sliding glass doors. For those who appreciate open and airy spaces, high ceilings, lots of glass, contemporary architecture, and indoor-outdoor resort-style living, this is the home for you, and for those movie buffs and sports fans, there is a spectacular home theater conveniently situated near the main social area. Outdoors, enjoy the beautiful pool, spa, fire pit, and large sitting and lounging areas. In addition, the area's best fine dining, shopping, and entertainment are within 15 minutes drive, and both the Phoenix Sky Harbor International and Scottsdale Airports are only 20 minutes away.

Last Agent to Sell the Property

Johnathon De Young

Russ Lyon Sotheby's International Realty License #SA637637000 Listed on: 01/11/2019

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

William Lewis

Williams Luxury Homes License #SA535172000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,527

Year Built

  • Built in 2006

Lot Details

  • 1.37 Acre Lot
  • Private Streets
  • Wrought Iron Fence
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Gated Parking

Home Design

  • Contemporary Architecture
  • Insulated Concrete Forms
  • Foam Roof
  • Stucco

Interior Spaces

  • 11,097 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Mechanical Sun Shade

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 6 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home

Pool

  • Heated Spa
  • Heated Pool
  • Diving Board

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Fire Pit
  • Built-In Barbecue
  • Playground

Schools

  • Creighton Elementary School
  • Chaparral Elementary School - Gilbert High School

Utilities

  • Central Air
  • Heating Available
  • Water Purifier
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 164-04-009

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Palo Verde Foothills Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,527

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Tatum Blvd. & Lincoln Drive
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 9/12
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 9/12
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: West on Lincoln to N 38th St, and turn Left (South). Continue to stop sign and turn Left on N 38th Pl. Continue to property on Left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.37
  • Subdivision Name: Palo Verde Foothills
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, 1 Fireplace, Two Way Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Master Downstairs, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 11097.0
  • Stories: 2
  • Window Features: Dual Pane, Mechanical Sun Shds, Tinted Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Playground, Balcony, Misting System, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back
  • Pool Features: Diving Pool, Heated, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Steel Frame, Painted, ICFs (Insulated Concrete Forms)
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Construction:Frame - Metal: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Misting System: Yes
  • Exterior Features:Private Street(s): Yes
  • Construction:ICFs (Insulated Concrete Forms): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Gated, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • 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: Creighton Elementary School
  • High School: Chaparral Elementary School - Gilbert
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 59551.0
  • Parcel #: 164-04-009

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 32527.0
  • Tax Book Number: 164.00
  • Tax Lot: 9
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Nov 13, 2024
Sold by
C Plus Holdings Llc
Bought by
Omv Llc
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Josh Wein
HomeSmart
List Price
$6,495,000
Sold Price
$6,495,000
Views
205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.90%
Original Mortgage
$1,000,000
Interest Rate
6.32%

Purchase Details

Closed on
Jan 29, 2021
Sold by
Vaccaro Salvatore
Bought by
C Plus Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
2.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 11, 2019
Closed on
Sep 28, 2020
Sold by
6216 N 38Th Pl Llc
Bought by
Vaccaro Salvatore
Seller's Agent
Johnathon De Young
Russ Lyon Sotheby's International Realty
Buyer's Agent
William Lewis
Williams Luxury Homes
List Price
$5,000,000
Sold Price
$3,500,000
Premium/Discount to List
-$1,500,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.70%
Original Mortgage
$1,500,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 22, 2013
Closed on
Jul 22, 2013
Sold by
Hatch Alan and Williamson Dawn
Bought by
6216 N 38Th Pl Llc
Seller's Agent
Ryan Hatch
My Home Group Real Estate
Buyer's Agent
Johnathon De Young
Russ Lyon Sotheby's International Realty
List Price
$5,150,000
Sold Price
$4,900,000
Premium/Discount to List
-$250,000
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.61%
Original Mortgage
$3,430,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2011
Sold by
Ball Barbara Anne and Scott Schirmer W
Bought by
Ball Barbara Anne and Scott Schirmer W

Purchase Details

Closed on
Apr 19, 2002
Sold by
Sperling Peter V and Sperling Stephanie
Bought by
Hatch Alan and Williamson Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,800
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 1998
Sold by
Herro Ralph F
Bought by
Sperling Peter and Sperling Stephanie E

Purchase Details

Closed on
Jan 9, 1997
Sold by
Herro Ralph F and Herro Joanne
Bought by
Herro Ralph F and The Ralph F Herro Trust
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 Type Sale Price Title Company
Warranty Deed $6,495,000 Wfg National Title Insurance C
Warranty Deed $6,495,000 Wfg National Title Insurance C
Quit Claim Deed -- Wfg National Title Ins Co
Warranty Deed $3,500,000 Wfg National Title Ins Co
Warranty Deed $4,900,000 Greystone Title Agency Llc
Interfamily Deed Transfer -- None Available
Warranty Deed $681,000 Fidelity National Title
Cash Sale Deed $600,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,375,000 New Conventional
Closed $1,000,000 No Value Available
Closed $3,850,000 New Conventional
Previous Owner $2,800,000 Credit Line Revolving
Previous Owner $1,500,000 Commercial
Previous Owner $3,065,731 New Conventional
Previous Owner $3,430,000 New Conventional
Previous Owner $1,000,000 Unknown
Previous Owner $400,000 Stand Alone Second
Previous Owner $2,998,000 Unknown
Previous Owner $544,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Price Changed $7,970,000 -0.1% $718 / Sq Ft
06/06/2025 06/06/25 Price Changed $7,975,000 -0.1% $719 / Sq Ft
05/30/2025 05/30/25 Price Changed $7,980,000 -0.1% $719 / Sq Ft
05/27/2025 05/27/25 Price Changed $7,985,000 +1.7% $720 / Sq Ft
05/23/2025 05/23/25 Price Changed $7,850,000 -1.8% $707 / Sq Ft
05/16/2025 05/16/25 Price Changed $7,990,000 -0.1% $720 / Sq Ft
03/31/2025 03/31/25 Price Changed $7,995,000 -8.1% $720 / Sq Ft
03/21/2025 03/21/25 For Sale $8,695,000 +33.9% $784 / Sq Ft
11/20/2024 11/20/24 Sold $6,495,000 0.0% $585 / Sq Ft
10/21/2024 10/21/24 For Sale $6,495,000 0.0% $585 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $6,495,000 -13.3% $585 / Sq Ft
07/23/2024 07/23/24 Price Changed $7,495,000 -6.3% $675 / Sq Ft
05/14/2024 05/14/24 Price Changed $7,995,000 -11.1% $720 / Sq Ft
04/30/2024 04/30/24 Price Changed $8,995,000 -7.5% $811 / Sq Ft
04/22/2024 04/22/24 Price Changed $9,725,000 -0.3% $876 / Sq Ft
04/15/2024 04/15/24 Price Changed $9,750,000 -0.3% $879 / Sq Ft
04/08/2024 04/08/24 Price Changed $9,775,000 -0.2% $881 / Sq Ft
01/11/2024 01/11/24 For Sale $9,798,000 +179.9% $883 / Sq Ft
09/30/2020 09/30/20 Sold $3,500,000 -10.1% $315 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
06/03/2020 06/03/20 Price Changed $3,895,000 -2.5% $351 / Sq Ft
01/30/2020 01/30/20 Price Changed $3,995,000 -6.0% $360 / Sq Ft
09/07/2019 09/07/19 Price Changed $4,250,000 -7.5% $383 / Sq Ft
04/02/2019 04/02/19 Price Changed $4,595,000 -3.3% $414 / Sq Ft
03/04/2019 03/04/19 Price Changed $4,750,000 -5.0% $428 / Sq Ft
01/11/2019 01/11/19 For Sale $5,000,000 +2.0% $451 / Sq Ft
08/16/2013 08/16/13 Sold $4,900,000 -4.9% $442 / Sq Ft
07/11/2013 07/11/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $5,150,000 -- $464 / 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 $35,580 $322,856 -- --
2024 $35,341 $307,482 -- --
2023 $35,341 $387,530 $77,500 $310,030
2022 $33,967 $301,810 $60,360 $241,450
2021 $35,202 $310,670 $62,130 $248,540
2020 $34,450 $329,450 $65,890 $263,560
2019 $34,426 $273,120 $54,620 $218,500
2018 $33,833 $270,250 $54,050 $216,200
2017 $32,527 $284,280 $56,850 $227,430
2016 $31,289 $270,280 $54,050 $216,230
2015 $29,702 $257,410 $51,480 $205,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5866721

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-04-009