NOT LISTED FOR SALE

6427 E Luke Rd Paradise Valley, AZ 85253

Indian Bend Neighborhood

Estimated Value: $7,372,000 - $11,536,357

4 Beds
5 Baths
6,863 Sq Ft
$1,384/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $7,377,725 $1,075 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $52,549/month

187 Days on Market

Highlights

  • Guest House
  • Private Pool
  • 1.16 Acre Lot
  • Kiva Elementary School Rated A
  • Gated Parking
  • Mountain View

About This Home

As of October 2021

This is the pinnacle of Paradise Valley Real Estate. Located in the heart of Paradise Valley, Arizona this jaw dropping home is part of 11 high-end gated estates. From the second you drive down the street you are transformed. Well-manicured lush landscaping and palm tree lined streets tie the estates together while mature green hedges provide the privacy you desire. Floor to ceiling walls of glass capturing the Camelback MTN views and creating endless livable space inside and out. Fit and finishes like nothing you have seen before. Countless views, clean lines with an organic modern feel. Split floorplan, private den, exercise room, pool/spa, plus a 2 room guest house. Inspired by an iconic architect and built by Bedbrock Developers, designed Drewett Works and finished by Ownby Design.

Last Agent to Sell the Property

Christopher Karas

Compass License #SA555869000 Listed on: 08/16/2020

Compass

Last Buyer's Agent

Cameron Martz

Compass License #SA675505000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,465

Year Built

  • Built in 2021

Lot Details

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

Parking

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

Home Design

  • Home to be built
  • Designed by Drewett Works Architects
  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 6,863 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Living Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue
  • Playground

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Guest House

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by BedBrock
  • Cameldale Estates Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 173-10-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,465

Year Built

Built in 2021

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Invergordon Rd/McDonald
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Drewett Works
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2021
  • Spa Private: Yes
  • Tax Year: 2018
  • Directions: South on Invergordon Rd to Luke Ave, Turn East on Luke Ave to Cameldale Estates.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.16
  • Subdivision Name: Cameldale Estates
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, 3+ Fireplace, Exterior Fireplace, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 6863.0
  • 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:Non-laminate Counter: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Private Yard, Built-in Barbecue
  • Lot Features: Natural Desert Back, Grass Front, Grass Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Steel Frame, Wood Frame, Stone
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Complete Spec Home, To Be Built
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Frame - Metal: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Complete Spec Home: Yes
  • Exterior Features:Separate Guest House: Yes
  • Construction Status:To Be Built: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Gated, Garage Door Opener, Extended Length Garage, Direct Access, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Natural Gas
  • 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: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50572.0
  • Parcel #: 173-10-025

Building Info

  • Builder Name: BedBrock

Tax Info

  • Tax Annual Amount: 6465.0
  • Tax Book Number: 173.00
  • Tax Lot: 3
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2020
Closed on
Oct 19, 2021
Sold by
Cameldale Land Llc
Bought by
Sandler Karen and Sandler Nathan
Seller's Agent
Christopher Karas
Compass
Buyer's Agent
Cameron Martz
Compass
List Price
$6,828,685
Sold Price
$7,377,725
Premium/Discount to List
$549,040
8.04%
Current Estimated Value
$9,497,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,120,061
Avg. Annual Appreciation
5.47%

Purchase Details

Closed on
Jul 20, 2020
Sold by
G & J Properties Inc
Bought by
Cameldale Land Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Sandler Karen $7,377,725 Wfg National Title Ins Co
Cameldale Land Llc $1,383,000 Wfg National Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $7,377,725 0.0% $1,075 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
10/28/2020 10/28/20 Price Changed $7,377,725 +8.0% $1,075 / Sq Ft
08/16/2020 08/16/20 For Sale $6,828,685 -- $995 / 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 $26,323 $429,562 -- --
2024 $25,278 $409,107 -- --
2023 $25,278 $708,410 $141,680 $566,730
2022 $17,291 $405,910 $81,180 $324,730
2021 $7,215 $149,190 $149,190 $0
2020 $6,955 $126,255 $126,255 $0
2019 $6,719 $109,560 $109,560 $0
2018 $6,465 $114,765 $114,765 $0
2017 $6,211 $109,275 $109,275 $0
2016 $6,076 $92,685 $92,685 $0
2015 $6,153 $102,976 $102,976 $0
Source: Public Records

Agents Affiliated with this Home

  • Christopher Karas

    Seller's Agent in 2021

    Christopher Karas

    Compass

    (602) 919-6511

    33 in this area

    310 Total Sales

    Christopher Karas
    Section Image
  • Cameron Martz

    Buyer's Agent in 2021

    Cameron Martz

    Compass

    (480) 212-6689

    2 in this area

    26 Total Sales

    Cameron Martz
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6118546

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-10-025

Arizona Maricopa County Paradise Valley 85253 Indian Bend

6427 E Luke Rd, Paradise Valley, AZ

This home is located at 6427 E Luke Rd, Paradise Valley, AZ 85253 since 16 August 2020 and is currently estimated at $9,497,786, approximately $1,383 per square foot. This property was built in 2021. 6427 E Luke Rd is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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