NOT LISTED FOR SALE

Estimated Value: $7,079,000 - $8,652,000

6 Beds
8 Baths
9,357 Sq Ft
$875/Sq Ft Est. Value

Last Sold July 01, 2013

Last sale price $2,750,000 $294 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $47,426/month

15 Days on Market

Highlights

  • Private Pool
  • Gated Parking
  • Two Primary Bathrooms
  • Kiva Elementary School Rated A
  • 1.96 Acre Lot
  • Mountain View

About This Home

As of July 2013

EXCEPTIONAL 1.96 ACRE PROPERTY WITH VIEWS OF BOTH MUMMY & CAMELBACK MOUNTAINS. GATED ESTATE IN A SOUGHT AFTER PARADISE VALLEY LOCATION. IMPRESSIVE ENTRY WITH CURVED STAIR CASES TO THE UPPER LEVEL WITH A GYM AND GAMES ROOM. MASTER AND ONE BEDROOM SPLIT FROM THE OTHER 3 BEDROOMS. ALL BEDROOMS HAVE ENSUITE BATHS. PRIVATE CASITA/MAIDS QUARTERS. THIS SIZE OF HOME.. ON THIS SIZE OF LOT.. IN THIS LOCATION…!!!! PROPERTY IS SOLD AS-IS.

Last Listed By

David Olason

Realty Executives License #SA027598000 Listed on: 05/07/2013

Realty Executives

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,939

Year Built

  • Built in 2007

Lot Details

  • 1.96 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 9,357 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro Elementary High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 169-38-005-A

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by CARLSON HOMES
  • Sherer Heights Subdivision

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,939

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Cross Street: LINCOLN & INVERGORDON
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Year Built: 2007
  • Spa Private: Yes
  • Tax Year: 2012
  • Directions: NORTH ON INVERGORDON TO STOP SIGN - WEST ON CACTUS WREN TO CORNER GATED PROPERTY - USE NORTH GATED ENTRY OFF CACTUS WREN FOR ACCESS ONLY - GATES BY GARAGE IN PROCESS OF BEING REPAIRED.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.96
  • Co List Office Mls Id: reax10
  • Co List Office Phone: 480-998-0676
  • Subdivision Name: SHERER HEIGHTS
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Granite Counters
  • Living Area: 9357.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Circular Drive, Covered Patio(s), Patio, Private Yard, Sport Court(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sport Court(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: 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

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 85480.0
  • Parcel #: 169-38-005-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: CARLSON HOMES

Tax Info

  • Tax Annual Amount: 21939.0
  • Tax Book Number: 169.00
  • Tax Lot: 7
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2020
Sold by
Sachdeva Ashish and Sachdeva Namita Swarup
Bought by
Sachdeva Ashish and Sachdeva Namita S
Total Days on Market
15
Current Estimated Value
$8,187,268

Purchase Details

Listed on
May 7, 2013
Closed on
Jun 7, 2013
Sold by
Bank Of America Na
Bought by
Sachdeva Ashish and Sachdeva Namita Swarup
Seller's Agent
David Olason
Realty Executives
Buyer's Agent
Dinesh Wilson
Russ Lyon Sotheby's International Realty
List Price
$2,550,000
Sold Price
$2,750,000
Premium/Discount to List
$200,000
7.84%

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
$1,600,000
Outstanding Balance
$1,157,804
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$7,029,464

Purchase Details

Closed on
Feb 11, 2013
Sold by
Alkhairy Tahir M
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 3, 2004
Sold by
Alkhairy Afsheen
Bought by
Alkhairy Tahir M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 29, 2003
Sold by
Alkhairy Afsheen
Bought by
Alkhairy Tahir M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.72%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 21, 2003
Sold by
Browder Robert W
Bought by
Alkhairy Tahir M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.72%
Mortgage Type
Stand Alone Second

Range of Values:

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Average Value
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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
Sachdeva Ashish -- None Available
Sachdeva Ashish $2,750,000 Lsi Title Agency
Bank Of America Na $2,587,500 First American Title
Alkhairy Tahir M -- Arizona Title Agency Inc
Alkhairy Tahir M -- Arizona Title Agency Inc
Alkhairy Tahir M $1,060,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sachdeva Ashish $381,000
Open Sachdeva Ashish $1,000,000
Open Sachdeva Ashish $1,600,000
Previous Owner Alkhairy Tahir M $3,503,000
Previous Owner Alkhairy Tahir M $500,000
Previous Owner Alkhairy Tahir M $3,000,000
Previous Owner Alkhairy Tahir M $1,000,000
Previous Owner Alkhairy Tahir M $152,000
Previous Owner Alkhairy Tahir M $848,000
Previous Owner Alkhairy Tahir M $848,000
Closed Alkhairy Tahir M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2013 07/01/13 Sold $2,750,000 +7.8% $294 / Sq Ft
06/29/2013 06/29/13 Price Changed $2,550,000 0.0% $273 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $2,550,000 -- $273 / 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 $21,790 $380,855 -- --
2024 $21,481 $362,719 -- --
2023 $21,481 $456,260 $91,250 $365,010
2022 $20,581 $385,630 $77,120 $308,510
2021 $21,917 $336,600 $67,320 $269,280
2020 $21,773 $298,410 $59,680 $238,730
2019 $23,110 $311,970 $62,390 $249,580
2018 $23,920 $331,760 $66,350 $265,410
2017 $22,956 $333,210 $66,640 $266,570
2016 $22,463 $291,230 $58,240 $232,990
2015 $21,282 $291,230 $58,240 $232,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4933246

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-38-005A