NOT LISTED FOR SALE

Estimated Value: $6,151,200 - $8,483,000

5 Beds
5.5 Baths
8,634 Sq Ft
$880/Sq Ft Est. Value

Last Sold June 11, 2019

Last sale price $3,655,000 $423 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $41,632/month

315 Days on Market

Highlights

  • Guest House
  • Heated Lap Pool
  • Gated Parking
  • Kiva Elementary School Rated A
  • RV Access or Parking
  • 1.23 Acre Lot

About This Home

As of June 2019

Perfectly situated on 1.23 acre cul-de-sac lot, custom Legendary Homes estate offers unobstructed north facing front views of Mummy Mountain & south facing back views of Camelback & Praying Monk. This estate exudes luxury & architectural elegance with expansive grounds including a detached guest house equipped with kitchen, living room, bedroom, laundry & garage. The main home offers hardwood & stone flooring throughout, Subzero & Wolf appliances, 500 bottle walk-in wine storage, Butler's prep area, updated Crestron AV system, 5 car garage with gated driveway & RV height garage doors. The expansive guest bedrooms are en suites with custom built-out walk-in closets, pocket doors & French doors leading to exterior. The master wing offers an inviting stone fireplace, access to patios, His and Her closets with laundry station & dressing room, exercise room & steam shower. The study with custom cabinets & library is a remote & private location for escaping to enjoy your favorite book. The resort style backyard includes a putting green, heated large swimming pool with bubbling water fountains, an inviting spa & mature landscape including Palm trees & large grassy areas. The outdoor space is a true entertainer's dream including a pergola, built-in barbeque/kitchen with 600 sq ft of outdoor covered patios focusing on the breathtaking view of Camelback Mountain & the Praying Monk. Wonderful location in the heart of Paradise Valley & nearby to many upscale amenities, restaurants, golf, shopping & spas.

Last Agent to Sell the Property

Julie Pelle

Compass License #SA553684000 Listed on: 06/26/2018

Co-Listed By

Christina Rathbun

Compass License #SA568526000

Last Buyer's Agent

Allison Mikes

Compass License #BR537988000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,767

Year Built

  • Built in 2008

Lot Details

  • 1.23 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 5 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 8,634 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Intercom

Pool

  • Heated Lap Pool
  • Heated Spa

Outdoor Features

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

Schools

  • Kiva Elementary School
  • Mohave Middle School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Guest House

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Legendary Homes Inc
  • Paradise Valley Estates Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 174-61-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,767

Year Built

Built in 2008

Lot Details

0

Parking

5

Listing Details

  • Cross Street: Lincoln & Invergordon
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2018
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: South of Lincoln, East on Arroyo Verde Dr and home will be on the South Side in the cul-de-sac.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.23
  • Co List Office Mls Id: reog07
  • Co List Office Phone: 480-320-4724
  • Subdivision Name: PARADISE VALLEY ESTATES
  • Architectural Style: Other, Ranch, Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop, Water Purifier
  • Other Equipment: Intercom
  • Possible Bedrooms: 8
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 8634.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane, Wood Frames
  • 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
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Separate Workshop: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Misting System, Private Yard, Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back
  • Pool Features: Heated, Lap, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House, Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: 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
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Misting System: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: RV Access/Parking, Gated, RV Gate, Garage Door Opener, Extended Length Garage, Circular Driveway, Attch'd Gar Cabinets, Over Height Garage, Rear Vehicle Entry, Separate Strge Area, Side Vehicle Entry, Detached
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned
  • 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
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 53694.0
  • Parcel #: 174-61-027

Building Info

  • Builder Name: Legendary Homes Inc

Tax Info

  • Tax Annual Amount: 18767.0
  • Tax Book Number: 174.00
  • Tax Lot: 7
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2018
Closed on
Jun 6, 2019
Sold by
Phelan Timothy and Phelan Kelly
Bought by
Irrevoca Osborn Lacey T and William C Osborn 2018 Irrevocable Trust
Seller's Agent
Julie Pelle
Compass
Buyer's Agent
Allison Mikes
Compass
List Price
$4,895,000
Sold Price
$3,655,000
Premium/Discount to List
-$1,240,000
-25.33%
Current Estimated Value
$7,600,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,945,400
Avg. Annual Appreciation
12.22%

Purchase Details

Closed on
Feb 26, 2007
Sold by
Legendary Homes Llc
Bought by
Phelan Timothy and Phelan Kelly

Purchase Details

Closed on
Dec 23, 2004
Sold by
Greg Stanford Family Inc
Bought by
Legendary Homes Llc

Purchase Details

Closed on
Nov 8, 2004
Sold by
Ismail Ismail Zeid
Bought by
Legendary Homes Inc

Purchase Details

Closed on
Jun 16, 2004
Sold by
Zeid Dina I
Bought by
Ismail Ismail Zeid Zeid and Bachkangi Teresa

Purchase Details

Closed on
Aug 8, 1997
Sold by
Ismail Ismail Zeid Zeid and Bachkangi Teresa
Bought by
Ismail Ismail Zeid Zeid and Bachkangi Teresa

Purchase Details

Closed on
Dec 12, 1996
Sold by
Remco Realty & Management Corp
Bought by
Ismail Ismail Zeid and Bachkangi Teresa
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
Irrevoca Osborn Lacey T $3,655,000 Grand Canyon Title Agency
Phelan Timothy $5,984,000 First American Title Ins Co
Legendary Homes Llc -- --
Legendary Homes Inc $1,175,000 First American Title Ins Co
Ismail Ismail Zeid Zeid -- --
Ismail Ismail Zeid Zeid -- --
Ismail Ismail Zeid $425,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2019 06/11/19 Sold $3,655,000 -7.5% $423 / Sq Ft
03/29/2019 03/29/19 Price Changed $3,950,000 -10.1% $457 / Sq Ft
01/24/2019 01/24/19 Price Changed $4,395,000 -4.4% $509 / Sq Ft
10/22/2018 10/22/18 Price Changed $4,595,000 -4.2% $532 / Sq Ft
09/04/2018 09/04/18 Price Changed $4,795,000 -2.0% $555 / Sq Ft
06/26/2018 06/26/18 For Sale $4,895,000 -- $567 / 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 $16,029 $357,735 -- --
2024 $20,140 $340,700 -- --
2023 $20,140 $476,910 $95,380 $381,530
2022 $19,295 $374,130 $74,820 $299,310
2021 $20,550 $342,320 $68,460 $273,860
2020 $20,414 $333,180 $66,630 $266,550
2019 $19,689 $293,170 $58,630 $234,540
2018 $19,535 $274,000 $54,800 $219,200
2017 $18,767 $266,330 $53,260 $213,070
2016 $18,375 $238,230 $47,640 $190,590
2015 $17,434 $240,830 $48,160 $192,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5785788

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-61-027