NOT LISTED FOR SALE

Estimated Value: $5,693,000 - $11,234,597

6 Beds
10 Baths
19,475 Sq Ft
$435/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $5,675,000 $291 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $49,647/month

203 Days on Market

Highlights

  • Guest House
  • Barn
  • Heated Spa
  • Kiva Elementary School Rated A
  • Horse Stalls
  • City Lights View

About This Home

As of May 2019

Once in a while a home comes along that is so rich in artisanship and so loaded with flavor that mere words cannot truly do it justice. This timeless masterpiece is exactly that, with so much panache, grandeur and style that it's hard to imagine being lucky enough to call it home. The design is absolutely breathtaking, the finishes are astonishing and each expansive room is outdone by the next. This Old World mansion is full of extravagant high end elements brought in from all over the world that are reserved for those who truly appreciate the finest life has to offer, and every impressive space is divine, including the restaurant quality kitchen, music room, game room, wine cellar, exercise room, massage room, art studio, and the list goes on and on. Sitting on what is arguably the most exceptional property in Paradise Valley at the tail of Camelback Mountain, this very private estate showcases truly special views from every vantage point, and the pools, fountains and gardens are absolutely enchanting. The professional horse stables will be the delight of any equestrian enthusiast. Simply imagine a late afternoon ride before walking to some of the finest dining this city has to offer. This exclusive residence is one that few are granted the opportunity to live in, and the accompanying lifestyle is more than most can ever dream of!

Last Agent to Sell the Property

Robert Joffe

Compass License #BR029057000 Listed on: 08/08/2018

Compass

Co-Listed By

Jonathan Friedland

Compass

Last Buyer's Agent

Donna Taylor

Russ Lyon Sotheby's International Realty License #SA020744000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,020

Year Built

  • Built in 2009

Lot Details

  • 2.81 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Corner Lot
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 8 Car Garage

Property Views

  • City Lights
  • Mountain

Home Design

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

Interior Spaces

  • 19,475 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Two Way Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Walk-Out Basement
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 10 Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Storage
  • Built-In Barbecue
  • Playground

Schools

  • Kiva Elementary School
  • Cocopah Middle School
  • Saguaro High School

Horse Facilities and Amenities

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Additional Features

  • Guest House
  • Barn

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Jokake Camelback Properties Tract B Lots 34 42 Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 172-10-037-B

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,020

Year Built

Built in 2009

Lot Details

2.81 Acres

Parking

8

Listing Details

  • Cross Street: Invergordon & McDonald Drive
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2009
  • Tax Year: 2017
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 2.81
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: JOKAKE CAMELBACK PROPERTIES TRACT B LOTS 34-42
  • Architectural Style: Spanish
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • General Property Description:PriceSqFt: 291.4
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Flooring: Stone, Wood, Other
  • Basement YN: Yes
  • Spa Features: Private, Heated
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Cooktop, Microwave, Gas Oven, Gas Range, Water Softener Owned
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Two Way Fireplace, Gas, Exterior Fireplace, Fire Pit, Other
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Tub with Jets, Eat-in Kitchen, Breakfast Bar, Pantry, Walk-in Pantry, Granite Counters, Non-laminate Counter, High Speed Internet, Smart Home, Master Downstairs, Vaulted Ceiling(s), 9+ Flat Ceilings, Central Vacuum, Wet Bar, Elevator
  • Living Area: 19475.0
  • Stories: 2

Exterior Features

  • Fencing: Wrought Iron, Block, Wood
  • Exterior Features: Balcony, Storage, Private Street(s), Private Yard, Misting System, Playground, Built-in Barbecue
  • Lot Features: Hillside Lot, Corner Lot, Desert Front, Desert Back, Sprinklers In Front, Sprinklers In Rear, Gravel/Stone Back, Grass Front, Natural Desert Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Play Pool
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: Two Levels
  • Construction Type: Wood Frame, Painted, Stucco, Stone
  • Other Structures: Guest House, Gazebo
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Circular Driveway, Temp Controlled
  • Attached Garage: No
  • Garage Spaces: 8.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Security: Security System Owned, Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Horse Amenities: Corral(s), Stall, Barn, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 122236.0
  • Parcel #: 172-10-037-B

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 65020.0
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
May 23, 2019
Sold by
Mfc Company Inc
Bought by
Thompson Derek
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Donna Taylor
Russ Lyon Sotheby's International Realty
List Price
$6,995,000
Sold Price
$5,675,000
Premium/Discount to List
-$1,320,000
-18.87%
Current Estimated Value
$8,463,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,788,799
Avg. Annual Appreciation
6.05%
Original Mortgage
$4,000,000
Outstanding Balance
$3,509,667
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$4,954,132

Purchase Details

Closed on
Dec 23, 2009
Sold by
Zipprich Michael B and Shonka Michele L
Bought by
Casa Que Canta Llc

Purchase Details

Closed on
Feb 23, 2004
Sold by
Bean Maria C
Bought by
Zipprich Michael B and Zipprich Michele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,389,500
Interest Rate
5.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 7, 2003
Sold by
Bean Lewis Chapman
Bought by
Bean Maria C
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
Thompson Derek $5,675,000 Premier Title Agency
Casa Que Canta Llc -- None Available
Zipprich Michael B $1,175,000 Fidelity National Title
Bean Maria C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Derek $4,000,000
Previous Owner Zipprich Michael B $1,389,500
Closed Zipprich Michael B $1,389,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2019 05/30/19 Sold $5,675,000 -18.9% $291 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
08/08/2018 08/08/18 For Sale $6,995,000 -- $359 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $67,304 $916,017 -- --
2024 $70,549 $872,397 -- --
2023 $70,549 $970,000 $179,000 $791,000
2022 $67,664 $791,290 $146,020 $645,270
2021 $71,182 $764,920 $141,150 $623,770
2020 $73,787 $855,250 $157,820 $697,430
2019 $71,025 $847,610 $156,410 $691,200
2018 $67,699 $758,840 $140,030 $618,810
2017 $65,020 $709,020 $130,840 $578,180
2016 $63,329 $678,090 $125,130 $552,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5804120

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-10-037B

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