NOT LISTED FOR SALE

6440 N 48th St Paradise Valley, AZ 85253

Estimated Value: $3,101,000 - $4,127,000

5 Beds
5 Baths
5,414 Sq Ft
$669/Sq Ft Est. Value

Last Sold October 21, 2014

Last sale price $1,250,000 $231 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $19,857/month

33 Days on Market

Highlights

  • Transportation Service
  • Play Pool
  • Gated Community
  • Hopi Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Mountain View

About This Home

As of October 2014

Spectacular Camelback Mountain views! Unique floor plan located in one of the most distinguished gated communities in the heart of Paradise Valley. This amazing property boasts 5 Bedrooms, each with their own en-suite. 3 bedrooms have outdoor access. Grand entry with dramatic coiffured ceilings that reach 16 feet. Beautiful kitchen with a feel of little Italy, including custom hand painted mural by Greek artist Eleni. Very private backyard with a true resort layout! Lush landscaping, pebble tech pool, elevated spa plus stone fountain. Entertainer's dream loaded with ambience! Built in BBQ, fireplace and sunbrella curtains on patio. 4 Car Garage with the entire side yard covered with beautiful citrus trees. Not only will you enjoy the putting green you will like the low property taxes.

Last Agent to Sell the Property

Fred Martin

Realty ONE Group License #SA537533000 Listed on: 08/08/2014

Co-Listed By

Rene Martin

Realty ONE Group License #SA543445000

Last Buyer's Agent

Walt Danley

Walt Danley Local Luxury Christie's International Real Estate License #SA016756000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,943

Year Built

  • Built in 1995

Lot Details

  • 0.83 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the back of the property
  • Block Wall Fence
  • Corner Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Garage ceiling height seven feet or more
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,414 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Tinted Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom
  • Fire Sprinkler System

Accessible Home Design

  • Roll-in Shower
  • Roll Under Sink

Pool

  • Play Pool
  • Heated Spa

Outdoor Features

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

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 169-23-033

Community Details

Overview

  • Estates At Lincoln Association, Phone Number (602) 277-4418
  • Built by Bryan Ziegler
  • Estates At Lincoln Subdivision, Custom Built Home Floorplan
  • FHA/VA Approved Complex

Recreation

  • Bike Trail

Additional Features

  • Transportation Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,943

Year Built

Built in 1995

Lot Details

0

HOA Fees

$250 per month

Parking

4

Listing Details

  • Cross Street: Tatum & Lincoln Dr.
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 250.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2013
  • Directions: Tatum & Lincoln Dr. Directions: There are 2 Gates into subdivision. From Tatum & Lincoln,head South on Tatum to first gate on right/west. 2nd gate is off Lincoln Dr and 48th St. South of Lincoln Dr
  • Master Model: Custom Built Home
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.83
  • Co List Office Mls Id: reog03
  • Co List Office Phone: 623-236-1414
  • Subdivision Name: Estates At Lincoln
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 250.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Spa Features: Heated, Private
  • Accessibility Features: Ktch Roll-Under Sink, Bath Roll-In Shower
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), Eat-in Kitchen, Central Vacuum, Furnished(See Rmrks), Fire Sprinklers, Intercom, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 5414.0
  • Stories: 1
  • Window Features: Double Pane Windows, Tinted Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Community Features:Transportation Svcs: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Covered Patio(s), Playground, Patio, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Front, Corner Lot, Desert Back, Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Private
  • View: Mountain(s)
  • 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:Childrens Play Area: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Over Height Garage, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned, Gated Community
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Transportation Svcs, Biking/Walking Path
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks)
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Name: Estates At Lincoln
  • Phone: 602-277-4418
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 165.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Estates At Lincoln
  • Association Fees:HOA Telephone4: 602-277-4418
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Schools

  • Elementary School: Hopi Elementary School
  • High School: Arcadia High School
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 35959.0
  • Parcel #: 169-23-033
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Bryan Ziegler

Tax Info

  • Tax Annual Amount: 5942.58
  • Tax Book Number: 169.00
  • Tax Lot: 1
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2014
Closed on
Oct 20, 2014
Sold by
Frazzano Patricia
Bought by
Maledon Michael
Seller's Agent
Fred Martin
Realty ONE Group
Buyer's Agent
Walt Danley
Walt Danley Local Luxury Christie's International Real Estate
List Price
$1,599,900
Sold Price
$1,250,000
Premium/Discount to List
-$349,900
-21.87%
Current Estimated Value
$3,624,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,374,772
Avg. Annual Appreciation
10.15%

Purchase Details

Closed on
Jun 2, 2014
Sold by
Fiduciary Solutions Llc
Bought by
Frazzano Patricia

Purchase Details

Closed on
Apr 27, 2010
Sold by
Frazzano Joseph C
Bought by
Frazzano Joseph C and Joseph C Frazzano Trust

Purchase Details

Closed on
Jul 31, 2003
Sold by
Frazzano Patricia
Bought by
Frazzano Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 1999
Sold by
Frazzano Patricia L
Bought by
Frazzano Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,000
Interest Rate
7.37%

Purchase Details

Closed on
Dec 4, 1996
Sold by
Frazzano Camille H
Bought by
Frazzano Joseph C

Purchase Details

Closed on
Apr 27, 1995
Sold by
Ziegler Bryan A
Bought by
Frazzano Joseph C
Source: Public Records

Range of Values:

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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
Maledon Michael $1,250,000 Fidelity Natl Ttile Agency
Frazzano Patricia -- None Available
Frazzano Joseph C -- None Available
Frazzano Joseph C -- Ticor Title Agency Of Az Inc
Frazzano Joseph C -- Chicago Title Insurance Co
Frazzano Joseph C -- --
Frazzano Joseph C $734,275 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frazzano Joseph C $625,000
Previous Owner Frazzano Joseph C $865,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2014 10/21/14 Sold $1,250,000 -16.7% $231 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
08/28/2014 08/28/14 Price Changed $1,499,900 -6.3% $277 / Sq Ft
08/08/2014 08/08/14 For Sale $1,599,900 -- $296 / 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 $7,156 $126,115 -- --
2024 $6,712 $120,110 -- --
2023 $6,712 $114,390 $22,880 $91,510
2022 $6,627 $114,390 $22,880 $91,510
2021 $7,083 $106,910 $21,380 $85,530
2020 $7,702 $113,500 $22,700 $90,800
2019 $7,415 $105,460 $21,090 $84,370
2018 $7,217 $106,810 $21,360 $85,450
2017 $6,909 $101,860 $20,370 $81,490
2016 $6,752 $92,270 $18,450 $73,820
2015 $6,470 $92,270 $18,450 $73,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5155300

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-23-033