NOT LISTED FOR SALE

Estimated Value: $2,718,000 - $3,494,000

4 Beds
4.5 Baths
4,186 Sq Ft
$769/Sq Ft Est. Value

Last Sold August 21, 2014

Last sale price $1,150,000 $275 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $17,659/month

41 Days on Market

Highlights

  • Private Pool
  • 0.47 Acre Lot
  • Mountain View
  • Hopi Elementary School Rated A
  • Two Primary Bathrooms
  • Vaulted Ceiling

About This Home

As of August 2014

$100,000 PRICE DROP!! MOTIVATED SELLER!! Terrific value opportunity to create your own dream home in Arcadia. Remodeled comps value this home at $1,900,000+. This nearly 4,200sf home sits perfectly on the lot, allowing for both a great front yard and very private backyard. The size and layout of this home is perfect. Come in and add you updated finishes to create a truly wonderful home. Ceiling has been raised to 9 feet and vaulted in the main living area. Roof replaced in 2012, pool remodeled in 2014, Newer AC units, and dual pane windows throughout. Plans included for interior remodel make this a split floor plan with two master suites. Contact listing agent for further information on architectural plans and City of Scottsdale plans. Available for immediate purchase and remodel.

Last Agent to Sell the Property

Chase Barrett

HomeSmart License #BR633382000 Listed on: 06/27/2014

HomeSmart

Last Buyer's Agent

Brian North

Compass License #SA635186000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,006

Year Built

  • Built in 1964

Lot Details

  • 0.47 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 4,186 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Solar Screens
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Project Beautify
  • Villa Arcadia 2 Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 173-46-055-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,006

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Camelback Rd & 64th St
  • 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
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1964
  • Tax Year: 2013
  • Directions: East on Camelback to 66th St, South to Calle del Media, home on the corner on your right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.47
  • Subdivision Name: Villa Arcadia 2
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4186.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane, ENERGY STAR Qualified Windows
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition, Foam, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • 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: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20422.0
  • Parcel #: 173-46-055-A

Building Info

  • Builder Name: Project Beautify

Tax Info

  • Tax Annual Amount: 6005.92
  • Tax Book Number: 173.00
  • Tax Lot: 2
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2016
Sold by
Lauer Scott and Lauer Leslye
Bought by
Scott M Lauer & Leslye C Lauer Trust
Current Estimated Value
$3,219,740

Purchase Details

Listed on
Jun 27, 2014
Closed on
Aug 18, 2014
Sold by
Rbu Investments Llc
Bought by
Lauer Scott and Lauer Leslye
Seller's Agent
Chase Barrett
HomeSmart
Buyer's Agent
Brian North
Compass
List Price
$1,350,000
Sold Price
$1,150,000
Premium/Discount to List
-$200,000
-14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$920,000
Outstanding Balance
$688,426
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$2,531,314

Purchase Details

Listed on
May 19, 2014
Closed on
Jun 16, 2014
Sold by
Ravenswood Leonore T
Bought by
Rbu Investments Llc
Seller's Agent
Virginia Myers
Myers Management
Buyer's Agent
Gerrit Hillebrand
Venture REI, LLC
List Price
$1,025,000
Sold Price
$999,000
Premium/Discount to List
-$26,000
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1999
Sold by
Ravenswood Leanore T
Bought by
Ravenswood Leanore T and Leanore T Ravenswood Revocable Trust

Purchase Details

Closed on
Jan 4, 1999
Sold by
Ravenswood Cecil and Ravenswood Leanore T
Bought by
Ravenswood Cecil and Ravenswood Leanore T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,700
Interest Rate
6.73%

Purchase Details

Closed on
Apr 15, 1994
Sold by
Ravenswood Cecil and Ravenswood Lea
Bought by
Ravenswood Cecil and Ravenswood Leanore T
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
Scott M Lauer & Leslye C Lauer Trust -- None Available
Lauer Scott $1,150,000 Grand Canyon Title Agency In
Rbu Investments Llc $999,000 Chicago Title Agency Inc
Ravenswood Leanore T -- --
Ravenswood Cecil -- Stewart Title & Trust
Ravenswood Cecil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauer Scott $920,000
Previous Owner Rbu Investments Llc $1,000,000
Previous Owner Ravenswood Cecil $67,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2014 08/21/14 Sold $1,150,000 -8.0% $275 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
07/11/2014 07/11/14 Price Changed $1,250,000 +25.1% $299 / Sq Ft
06/27/2014 06/27/14 Sold $999,000 -26.0% $239 / Sq Ft
06/27/2014 06/27/14 For Sale $1,350,000 +31.7% $323 / Sq Ft
05/19/2014 05/19/14 For Sale $1,025,000 -- $245 / 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 $7,069 $127,087 -- --
2024 $7,899 $121,035 -- --
2023 $7,899 $178,220 $35,640 $142,580
2022 $7,464 $134,970 $26,990 $107,980
2021 $7,968 $133,580 $26,710 $106,870
2020 $7,893 $119,920 $23,980 $95,940
2019 $7,595 $116,230 $23,240 $92,990
2018 $7,335 $97,810 $19,560 $78,250
2017 $7,000 $103,860 $20,770 $83,090
2016 $6,853 $90,880 $18,170 $72,710
2015 $6,494 $90,370 $18,070 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5137019

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-46-055A