NOT LISTED FOR SALE

Estimated Value: $2,380,000 - $3,146,000

6 Beds
4.5 Baths
5,553 Sq Ft
$483/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $1,236,500 $223 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $15,797/month

6 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Contemporary Architecture
  • Sequoya Elementary School Rated A
  • 0.59 Acre Lot
  • Wood Flooring

About This Home

As of December 2016

Absolutely rare, custom-designed basement home in desirable Orangetree Manor. Largest house and lot in the neighborhood and located at the end of an ultra private cul de sac. The sprawling home is over 5,500 square feet, a total of six bedrooms, an office w/ custom built ins, and 4.5 bathrooms. The fully finished basement is amazing in itself. Perfect for a home theatre or game room, includes concrete flooring, a living area, two bedrooms and bath, its own outdoor access, patio area and outdoor staircase to main level. The main floor has gorgeous walnut/ebony floors throughout, spacious kitchen opens to family area is great for entertaining. Central vac system makes for easy cleaning and stunning designer lighting and touches throughout. One of the 5 guest bedrooms offers its own outdoor access, en suite bath and large closet. Huge laundry room with utility sink and cabinets is large enough for storage, folding and drying area. The private master suite includes a cozy fireplace and outdoor access. The home sits on 2/3 of an acre lot and has extended covered patio, resort style, oversized, deep, diving pool w/ bridge, sport court and large grassy area. The backyard has under gone 60k of renovations including 14 person negative edge hot tub and travertine hardscape installed 2015. Need extra parking? Have a boat or RV? No problem, home not only has a 3 car garage (new garage doors) with direct access to the home, it also has a separate 700+ sq. ft. boat garage and an RV gate.Many energy efficient features such as motorized sunshades and awnings, 3 A/C units, and 10k worth of insulation and ventilation system will help dramatically reduce electric bill. Great home for a large family, teenage kids, multi generational family or occasional/long term guests. Private backyard gate has path to a 2 minute bike ride to Sequoya elementary and Cocopah middle school. This is a one of a kind home that cannot be missed.

Last Agent to Sell the Property

Mary Larsen

Realty ONE Group License #SA544170000 Listed on: 10/28/2016

Last Buyer's Agent

Lisa Goldman

Compass License #SA651032000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,106

Year Built

  • Built in 1993

Lot Details

  • 0.59 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 6 Car Direct Access Garage
  • Garage Door Opener
  • RV Gated

Home Design

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

Interior Spaces

  • 5,553 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • 2 Fireplaces
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Roller Shields
  • Solar Screens
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Above Ground Spa
  • Diving Board

Outdoor Features

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

Schools

  • Sequoya Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

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

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 167-59-033

Community Details

Overview

  • Association fees include ground maintenance
  • Jim Lanker Association, Phone Number (480) 348-9913
  • Built by Custom
  • Orangetree Manor Lot 1 48 Tr A C Subdivision

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,106

Year Built

Built in 1993

Lot Details

0

HOA Fees

$33 per month

Parking

6

Listing Details

  • Cross Street: Cactus and 60th Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 33.33
  • Basement: Y
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2016
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1993
  • Tax Year: 2015
  • Directions: South on 60th street to Yucca. House at end of street in cul de sac.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.59
  • Subdivision Name: ORANGETREE MANOR LOT 1-48 TR A-C
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 400.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished, Full
  • Flooring: Tile, Wood, Concrete
  • Basement YN: Yes
  • Spa Features: Above Ground
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: 2 Fireplace, Fire Pit
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Central Vacuum, Roller Shields, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 5553.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane, Low-E, Mechanical Sun Shds, Tinted Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Full: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Sport Court(s), Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, RV Gate
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management, Rental OK (See Rmks), Self Managed
  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association Name: Jim Lanker
  • Phone: 480-348-9913
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Jim Lanker
  • Association Fees:HOA Telephone4: 480-348-9913
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Sequoya Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25631.0
  • Parcel #: 167-59-033
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 8106.0
  • Tax Book Number: 167.00
  • Tax Lot: 12
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Rich Michael D
Bought by
Rich Michael D and Mdr Az Trust
Total Days on Market
6
Current Estimated Value
$2,682,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2020
Sold by
Lobello Janine R
Bought by
Rich Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2016
Closed on
Dec 20, 2016
Sold by
Ln4 Holdings Llc
Bought by
Lobello Janine R and Rich Michael D
Seller's Agent
Mary Larsen
Realty ONE Group
Buyer's Agent
Lisa Goldman
Compass
List Price
$1,249,000
Sold Price
$1,236,500
Premium/Discount to List
-$12,500
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$850,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2015
Sold by
Durow Randall L and Durow Deanne C Terrazas
Bought by
Ln4 Holdings Llc

Purchase Details

Closed on
Oct 7, 2014
Sold by
Durow Randall L and Terraas Durow Deanne C
Bought by
Durow Randall L and Durow Deanne C Terrazas

Purchase Details

Closed on
Jul 21, 2008
Sold by
Durow Deanne C
Bought by
Durow Randall L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2008
Sold by
Durow Randall L and Durow Deanne C
Bought by
Durow Randall L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2007
Sold by
Durow Randall L
Bought by
Durow Randall L and Durow Deanne C

Purchase Details

Closed on
Jul 28, 2005
Sold by
Terrazas Durow Deanne C
Bought by
Durow Randall L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 27, 2005
Sold by
Mealman Terence L
Bought by
Durow Randall L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 2004
Sold by
Mealman Terence Lee
Bought by
Mealman Terence L and The Terence L Mealman Revocable Trust

Purchase Details

Closed on
Apr 26, 1999
Sold by
Mealman Terence Lee
Bought by
Mealman Terence L
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 Buyer Sale Price Title Company
Rich Michael D -- None Available
Rich Michael D -- Empire West Title Agency Llc
Lobello Janine R $1,236,500 Fidelity Natl Title Agency I
Ln4 Holdings Llc -- Fidelity Natl Title Agency I
Ln4 Holdings Llc -- None Available
Durow Randall L -- None Available
Durow Randall L -- None Available
Durow Randall L -- North American Title Company
Durow Randall L -- North American Title Company
Durow Randall L -- None Available
Durow Randall L -- North American Title Co
Durow Randall L $1,400,000 North American Title Co
Mealman Terence L -- --
Mealman Terence L -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rich Michael D $500,000
Closed Rich Michael D $548,250
Previous Owner Lobello Janine R $850,000
Previous Owner Durow Randy L $95,000
Previous Owner Durow Randall L $990,000
Previous Owner Durow Randall L $990,000
Previous Owner Durow Randy L $252,000
Previous Owner Durow Randall L $200,000
Previous Owner Durow Randall L $1,050,000
Previous Owner Durow Randall L $1,050,000
Previous Owner Mealman Terence L $516,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2016 12/27/16 Sold $1,236,500 -1.0% $223 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $1,249,000 -- $225 / 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 $9,351 $126,607 -- --
2024 $9,151 $120,578 -- --
2023 $9,151 $151,670 $30,330 $121,340
2022 $8,752 $121,600 $24,320 $97,280
2021 $9,093 $104,160 $20,830 $83,330
2020 $9,147 $103,910 $20,780 $83,130
2019 $8,782 $100,780 $20,150 $80,630
2018 $8,422 $91,830 $18,360 $73,470
2017 $8,262 $89,420 $17,880 $71,540
2016 $8,106 $103,560 $20,710 $82,850
2015 $7,381 $95,170 $19,030 $76,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5517981

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-59-033