NOT LISTED FOR SALE
8 Beds
6 Baths
4,523 Sq Ft
0.78 Acres

Last Sold October 21, 2016

Last sale price $515,000 $114 Per Sq Ft

251 Days on Market

Highlights

  • RV Gated
  • 0.78 Acre Lot
  • No HOA
  • Cherokee Elementary School Rated A
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of October 2016

''HUGE PRICE REDUCTION!!! MOTIVATED SELLER'' Beautifully remodeled, 4,500+/sf custom home in the heart of Scottsdale, on 3/4+ acre, N facing, corner lot, offers open living space w/ vaulted ceilings, travertine tile, & custom finishes. Floor plan boasts a formal living room, dining room, & large, functional great room w/ gas fireplace. Gourmet Kitchen features SS appliances, granite countertops, custom backsplash, bar seating, w/ custom cabinetry & lighting. 6 bdrm w/ dual master suites, 3 full custom baths, 5 half baths within the bdroms, powder room, oversized office, hobby room, & 2 additional guest rooms w/ separate entrance, oversized laundry room, & bonus room. On-site propane tank. Plenty of room for the ultimate backyard landscaping pkg of your dreams. Two RV gates, perfect for bui

Last Agent to Sell the Property

Jeffrey Kraemer

LKY Advisors, LLC License #SA645531000 Listed on: 10/02/2015

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,829

Year Built

  • Built in 1973

Lot Details

  • 0.78 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Front Yard Sprinklers

Home Design

  • Composition Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,523 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Tile Flooring

Kitchen

  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 6 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 8 Open Parking Spaces
  • RV Gated

Accessible Home Design

  • Grab Bar In Bathroom
  • Accessible Hallway
  • Multiple Entries or Exits

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Custom
  • Sunburst Farms East 5 Subdivision

Listing and Financial Details

  • Tax Lot 285
  • Assessor Parcel Number 168-01-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,829

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: 64th St. & Shea Blvd.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 8.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1973
  • Tax Year: 2014
  • Directions: From the Corner of Scottsdale Rd & Shea Blvd, drive West on Shea Blvd. Pass 64th St. heading West, property is on the South side of the road just past 64th St.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.78
  • Subdivision Name: SUNBURST FARMS EAST 5
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Utilities Butane Propane: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Spa Features: None
  • Accessibility Features: Mltpl Entries/Exits, Bath Grab Bars, Accessible Hallway(s)
  • Possible Bedrooms: 10
  • Total Bedrooms: 8
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Pantry, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 4523.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Front, Corner Lot, Desert Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: RV Gate
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Parking Features:RV Gate: Yes

Utilities

  • Utilities: Propane, Other, See Remarks
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: 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

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 34188.0
  • Parcel #: 168-01-007
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 4829.32
  • Tax Book Number: 168.00
  • Tax Lot: 285
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2019
Sold by
Torneanu Simona and Torneanu Peter
Bought by
Royal Palms Assisted Living Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,730,000
Outstanding Balance
$1,531,794
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 2, 2015
Closed on
Oct 4, 2016
Sold by
Lky Development Company Inc
Bought by
Royal Palms Assisted Living Llc
Seller's Agent
Jeffrey Kraemer
LKY Advisors, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$579,000
Sold Price
$515,000
Premium/Discount to List
-$64,000
-11.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2007
Sold by
Kennedy Edward
Bought by
Lky Development Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2007
Sold by
Warfield Lawrence J
Bought by
Stojanovic Connie J

Purchase Details

Closed on
Dec 27, 1999
Sold by
Scs Realty
Bought by
Stojanovic Stevan and Stojanovic Connie

Purchase Details

Closed on
Apr 14, 1999
Sold by
Stojanovic Stevan and Stojanovic Connie
Bought by
Scs Realty

Purchase Details

Closed on
May 3, 1996
Sold by
Walsh John L and Walsh Agnes Ann
Bought by
Stojanovic Connie J and Stojanovic Stevan
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
Royal Palms Assisted Living Llc -- Great American Title Agency
Royal Palms Assisted Living Llc $1,040,000 Great Amer Title Agency Inc
Lky Development Co Inc $446,000 Fidelity National Title
Stojanovic Connie J -- None Available
Stojanovic Stevan -- --
Scs Realty -- --
Stojanovic Connie J $158,200 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royal Palms Assisted Living Llc $1,730,000
Previous Owner Royal Palms Assisted Living Llc $1,700,000
Previous Owner Lky Development Co Inc $446,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $515,000 -1.7% $114 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
03/18/2016 03/18/16 Price Changed $524,000 -7.9% $116 / Sq Ft
10/27/2015 10/27/15 Price Changed $569,000 -1.7% $126 / Sq Ft
09/29/2015 09/29/15 For Sale $579,000 -- $128 / 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 $6,884 $87,588 -- --
2024 $6,746 $83,417 -- --
2023 $6,746 $134,850 $26,970 $107,880
2022 $6,470 $96,460 $19,290 $77,170
2021 $6,706 $96,680 $19,330 $77,350
2020 $6,607 $87,010 $17,400 $69,610
2019 $6,359 $81,030 $16,200 $64,830
2018 $6,115 $70,380 $14,070 $56,310
2017 $5,617 $66,250 $13,250 $53,000
2016 $5,472 $63,260 $12,650 $50,610
2015 $5,017 $56,610 $11,320 $45,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5343080

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-01-007