NOT LISTED FOR SALE

Estimated Value: $3,656,000 - $4,712,000

4 Beds
3.5 Baths
4,571 Sq Ft
$931/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $2,710,000 $593 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $23,577/month

51 Days on Market

Highlights

  • 0.43 Acre Lot
  • Mountain View
  • Wood Flooring
  • Hopi Elementary School Rated A
  • Vaulted Ceiling
  • 2 Fireplaces

About This Home

As of November 2019

An exquisite Modern Farmhouse collaboration between Marc Development,Rafterhouse, Drewett Works, Robin Orscheln Luxury Group and North&Co.
4,571 square feet of arguably one of the best floor plans soon to be available featuring 4 bedrooms, 3.5 bathrooms, office, game room, bright open floor plan on nearly a half acre in the heart of Arcadia – it doesn't get much better than this.
The Magnolia House is named after award winning architect, C.P. Drewett. Having pursued his Bachelor of Architecture degree from Louisiana State University, C.P. was named the LA NatCP's 'engaging personality' due to his rich sense of humor and magnetic southern charm. These attributes accompany his tremendous expertise in architectural design, engineering and construction, which are the hallmarks ....... (MORE of his local and nationally recognized accomplishments. Enjoy ...... Professionally designed finishes /
Wolf & Subzero Appliances / 48" Gas Range / 30" Built-In Refrigerator /30" Built-In Freezer /Multiple Asko Dishwashers, along with a built in ice-maker and beverage center
Sierra Pacific Modern Windows & Doors, including a large multi-slide pocket door, game room multi-slide, custom indoor/outdoor bar bi-fold window
7' Modern Mason Lite Great Room Fireplace & 44" Mason Lite in Master
Custom Black Cold Rolled Steel Fireplace Surrounds and shelving
Standing Seem Metal Roof Accents
Synthetic Stucco Spray Foam Insulation (all exterior walls and underside of roof)
Batt insulation at select interior walls for sound isolation
15 SEER TRANE HVAC Units
Interior Drywall Finish 90/10-Full custom kitchen cabinetry with narrow shaker rail
Large walk-in working pantry-Light Oak Engineered Hardwood Floor throughout
8' Solid Core 2 Panel Interior Doors
Square Emtek Interior Door Hardware

Last Agent to Sell the Property

Robin Orscheln

Compass License #SA542839000 Listed on: 08/17/2019

Compass

Co-Listed By

Brian North

Compass License #SA635186000

Last Buyer's Agent

JW Richie

Compass License #BR660407000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,018

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 0.43 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Direct Access Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Designed by Drewitt Works Architects
  • Wood Frame Construction
  • Cellulose Insulation
  • Composition Roof
  • Metal Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,571 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Double Pane Windows
  • Low Emissivity Windows
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Rafterhouse / Marc Development
  • Pickwick Acres Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 172-45-015-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,018

Year Built

Built in 2019 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 64th St & Lafayette Blvd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Drewitt Works
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2019
  • Tax Year: 5606
  • Directions: West on Lafayette Blvd to property on the north side
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.43
  • Co List Office Mls Id: nrtc01
  • Co List Office Phone: 602-714-7000
  • Subdivision Name: PICKWICK ACRES
  • Architectural Style: Other, Ranch
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4571.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Blown Cellulose, Painted, Stone
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Under Construction
  • Roof: Composition, Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction:Blown Cellulose: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • 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: Hopi Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18547.0
  • Parcel #: 172-45-015-A

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Rafterhouse / Marc Development

Tax Info

  • Tax Annual Amount: 2018.0
  • Tax Book Number: 172.00
  • Tax Lot: 13
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2019
Closed on
Nov 13, 2019
Sold by
Kerdos Capital & Investments Llc
Bought by
Truong Wayne and Truong Emillie
Seller's Agent
Robin Orscheln
Compass
Buyer's Agent
JW Richie
Compass
List Price
$2,795,000
Sold Price
$2,710,000
Premium/Discount to List
-$85,000
-3.04%
Current Estimated Value
$4,254,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,544,333
Avg. Annual Appreciation
7.96%
Original Mortgage
$2,168,000
Outstanding Balance
$1,878,513
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$2,375,820

Purchase Details

Listed on
Dec 19, 2017
Closed on
May 30, 2018
Sold by
Gupta Desh and Gupta Pushpa
Bought by
Kerdos Capital & Investments Llc
Seller's Agent
Kirstin Conaway Moore
HouseCanary, Inc
Buyer's Agent
Marc Nassos
Compass
List Price
$899,000
Sold Price
$832,000
Premium/Discount to List
-$67,000
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
124.52%
Original Mortgage
$1,890,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2016
Sold by
Afa 1 Llc
Bought by
Gupta Desh and Gupta Pushpa

Purchase Details

Listed on
Feb 28, 2015
Closed on
Apr 17, 2015
Sold by
Amoroso John R
Bought by
Afa I Llc
Seller's Agent
Tommy Atkinson
Realty ONE Group
Buyer's Agent
Harold Steffee
Core Values Realty
List Price
$850,000
Sold Price
$785,000
Premium/Discount to List
-$65,000
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.54%

Purchase Details

Closed on
Jan 9, 2003
Sold by
Amoroso John R
Bought by
Amoroso John R
Source: Public Records

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
Truong Wayne $2,710,000 Grand Canyon Title Agency
Kerdos Capital & Investments Llc $832,000 Grand Canyon Title Agency
Gupta Desh $785,000 American Title Svc Agency Ll
Afa I Llc $785,000 First Arizona Title Agency
Amoroso John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Wayne $2,168,000
Previous Owner Kerdos Capital & Investments Llc $1,890,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2019 11/15/19 Sold $2,710,000 -3.0% $593 / Sq Ft
08/17/2019 08/17/19 For Sale $2,795,000 +235.9% $611 / Sq Ft
06/01/2018 06/01/18 Sold $832,000 -7.5% $396 / Sq Ft View Prior Sale
12/19/2017 12/19/17 For Sale $899,000 +14.5% $428 / Sq Ft
04/22/2015 04/22/15 Sold $785,000 -1.8% $374 / Sq Ft View Prior Sale
03/26/2015 03/26/15 Pending -- -- --
03/05/2015 03/05/15 Price Changed $799,000 -6.0% $381 / Sq Ft
02/28/2015 02/28/15 For Sale $850,000 -- $405 / 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 $11,193 $150,046 -- --
2024 $10,956 $142,901 -- --
2023 $10,956 $269,720 $53,940 $215,780
2022 $10,484 $208,900 $41,780 $167,120
2021 $10,887 $202,260 $40,450 $161,810
2020 $10,718 $167,950 $33,590 $134,360
2019 $8,174 $137,715 $137,715 $0
2018 $5,606 $64,570 $12,910 $51,660
2017 $5,386 $66,170 $13,230 $52,940
2016 $5,248 $59,280 $11,850 $47,430
2015 $4,810 $56,630 $11,320 $45,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5966689

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-45-015A