NOT LISTED FOR SALE

Estimated Value: $8,183,000 - $10,683,781

4 Beds
5 Baths
6,209 Sq Ft
$1,527/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $5,775,299 $930 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $54,969/month

1 Day on Market

Highlights

  • Guest House
  • Private Pool
  • Mountain View
  • Kiva Elementary School Rated A
  • 1.03 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of September 2020

The pinnacle of Paradise Valley Real Estate. Located in the heart of Paradise Valley, Arizona this unique development features 11 high-end, contemporary estates that are independently gated. 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. Inspired by iconic architects from around the world they will be built by Bedbrock Developers, designed Drewett Works and finished by Ownby Design. Every estate begins with a well laid out 6,000+ SF floor plan that carries its own unique style and design features to honor the property's independence. The fit and finishes are nothing this community has seen.

Last Agent to Sell the Property

Christopher Karas

Compass License #SA555869000 Listed on: 10/29/2019

Last Buyer's Agent

Christopher Karas

Compass License #SA555869000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,247

Year Built

  • Built in 2019 | Under Construction

Lot Details

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

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Designed by Drewett Works Architects
  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stone Exterior Construction
  • Metal Construction or Metal Frame
  • Stucco

Interior Spaces

  • 6,209 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • 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
  • Spa

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch
  • Guest House

Community Details

  • No Home Owners Association
  • Built by Bedbrock
  • Invergordon Manor Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 173-10-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,247

Year Built

Built in 2019 | Under Construction

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Invergordon/Jackrabit
  • Property Type: Residential
  • 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: 2019
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: Invergordon north to Luke Rd. East on Luke Rd, home on the right.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.03
  • Subdivision Name: INVERGORDON MANOR
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Special Features: None

Interior Features

  • Flooring: Stone, Tile, Wood
  • Spa Features: Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 6209.0
  • Stories: 1
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Front, Grass Back
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Stone, Frame - Metal, Frame - Wood
  • Other Structures: Guest House
  • Property Condition: Under Construction
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Frame - Metal: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Water Source: City Water
  • 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

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 44777.0
  • Parcel #: 173-10-028
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Bedbrock

Tax Info

  • Tax Annual Amount: 6247.0
  • Tax Book Number: 173.00
  • Tax Lot: 6
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Sep 3, 2020
Sold by
Cameldale Land Llc
Bought by
Lahr Lanny Bruce and Lahr Marlene Frances
Seller's Agent
Christopher Karas
Compass
Buyer's Agent
Christopher Karas
Compass
List Price
$5,898,550
Sold Price
$5,775,299
Premium/Discount to List
-$123,251
-2.09%
Total Days on Market
1
Current Estimated Value
$9,479,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,704,628
Avg. Annual Appreciation
10.33%
Original Mortgage
$191,000
Outstanding Balance
$170,232
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$9,031,167

Purchase Details

Closed on
Dec 13, 2018
Sold by
G & J Properties Inc
Bought by
Cameldale Land Llc

Purchase Details

Closed on
Dec 29, 2003
Sold by
Herberger Enterprises Inc
Bought by
Herberger Gary K and Herberger Jeanne L
Source: Public Records

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Range of Values:

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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
Lahr Lanny Bruce $5,775,299 Wfg National Title Ins Co
Cameldale Land Llc $1,383,000 Premier Title Agency
Herberger Gary K $3,051,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lahr Lanny Bruce $191,000
Previous Owner Cameldale Land Llc $2,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $5,775,299 -2.1% $930 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $5,898,550 -- $950 / 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 $24,085 $388,137 -- --
2024 $23,101 $369,655 -- --
2023 $23,101 $656,770 $131,350 $525,420
2022 $22,034 $493,070 $98,610 $394,460
2021 $17,750 $357,860 $71,570 $286,290
2020 $6,466 $113,880 $113,880 $0
2019 $6,247 $99,120 $99,120 $0
2018 $6,011 $104,700 $104,700 $0
2017 $5,774 $100,650 $100,650 $0
2016 $5,648 $86,265 $86,265 $0
2015 $5,720 $94,672 $94,672 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5997818

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-10-028