NOT LISTED FOR SALE

Estimated Value: $4,277,000 - $5,653,000

7 Beds
6.5 Baths
7,141 Sq Ft
$740/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $3,500,000 $490 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $30,677/month

51 Days on Market

Highlights

  • Private Pool
  • 1.07 Acre Lot
  • 3 Fireplaces
  • Cherokee Elementary School Rated A
  • Mountain View
  • No HOA

About This Home

As of October 2022

Incredible opportunity to purchase an amazing estate home with plans and approved city permits, or make the home your own using the current floor plan. The home has some dry walling, most bathrooms have been removed and the flooring has been removed. The home could easily be remodeled using the current floor plan.

Last Agent to Sell the Property

Jack Luciano

Platinum Living Realty License #SA572325000 Listed on: 08/30/2022

Co-Listed By

Raul Siqueiros

Luxe Realty License #SA553109000

Last Buyer's Agent

Steven Haji

Realty ONE Group License #BR537296000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,796

Year Built

  • Built in 1999

Lot Details

  • 1.07 Acre Lot
  • Block Wall Fence

Parking

  • 5 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 7,141 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • 3 Fireplaces
  • Gas Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6.5 Bathrooms

Accessible Home Design

  • No Interior Steps

Pool

  • Private Pool
  • Spa

Schools

  • Cherokee Elementary School
  • Cocopah Middle School
  • Chaparral Elementary School - Gilbert High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 174-31-026-B

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,796

Year Built

Built in 1999

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Scottsdale Road and Doubletree
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1999
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: West on Doubletree to home on south side of the street.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.07
  • Co List Office Mls Id: plr001
  • Co List Office Phone: 480-794-1694
  • Subdivision Name: None
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 8
  • Total Bedrooms: 7
  • Fireplace Features: 3+ Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: 9+ Flat Ceilings, No Interior Steps
  • Living Area: 7141.0
  • Stories: 1
  • Other Rooms:Great Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Garage Spaces: 4.0
  • Open Parking Spaces: 5.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Other
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral Elementary School - Gilbert
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 46628.0
  • Parcel #: 174-31-026-B
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 12796.0
  • Tax Book Number: 174.00
  • Tax Lot: 2
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
George S Zaia And Daisy H Zaia Inter Viv and Zaia George S
Bought by
Zaia Group Llc
Total Days on Market
51
Current Estimated Value
$5,287,230

Purchase Details

Closed on
Jul 13, 2023
Sold by
Aec Eat Llc
Bought by
George S Zaia And Daisy H Zaia Inter Vivos Tr and Zaia

Purchase Details

Listed on
Aug 30, 2022
Closed on
Oct 28, 2022
Sold by
Pv Paradise Llc
Bought by
Aec Eat Llc
Seller's Agent
Jack Luciano
Platinum Living Realty
Buyer's Agent
Steven Haji
Realty ONE Group
List Price
$4,500,000
Sold Price
$3,500,000
Premium/Discount to List
-$1,000,000
-22.22%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.12%

Purchase Details

Listed on
Dec 8, 2020
Closed on
Jun 6, 2022
Sold by
Tehranchi and Katayoun
Bought by
Pv Paradise Llc
Seller's Agent
Jennifer Michaels
Citiea
Buyer's Agent
Jennifer Michaels
Citiea
List Price
$2,350,000
Sold Price
$2,345,000
Premium/Discount to List
-$5,000
-0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
179.23%
Original Mortgage
$1,625,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2006
Sold by
Tehranchi Babak and Baniriah Katayoun
Bought by
Tehranchi Babak and Baniriah Katayoun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$677,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 14, 2006
Sold by
Tehranchi Babak and Baniriah Katayoun
Bought by
Tehranchi Babak and Baniriah Katayoun

Purchase Details

Closed on
Jun 19, 2001
Sold by
Baniriah Katayoun and Tehranchi Babak
Bought by
Tehranchi Babak and Baniriah Katayoun

Purchase Details

Closed on
Jul 3, 2000
Sold by
Desert Winds Homes Inc
Bought by
Baniriah Babak and Tehranchi Katayoun

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
8.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1999
Sold by
Epley Donald and Epley Christina L
Bought by
Epley Donald and Epley Christina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
6.91%
Mortgage Type
Construction
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
Zaia Group Llc -- --
George S Zaia And Daisy H Zaia Inter Vivos Tr $4,866,508 Roc Title
Aec Eat Llc $3,500,000 Roc Title
Pv Paradise Llc $2,345,000 Lawyers Title
Tehranchi Babak -- Lawyers Title
Tehranchi Babak -- None Available
Tehranchi Babak -- Equity Title Agency Inc
Tehranchi Babak -- None Available
Tehranchi Babak -- Stewart Title & Tr Of Phoeni
Baniriah Babak $1,350,000 First American Title
Desert Winds Homes Inc $1,247,796 First American Title
Epley Donald -- Ati Title Agency Of Arizona
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pv Paradise Llc $1,625,000
Previous Owner Tehranchi Babak $878,000
Previous Owner Tehranchi Babak $300,000
Previous Owner Tehranchi Babak $8,205,598
Previous Owner Tehranchi Babak $677,000
Previous Owner Baniriah Babak $1,000,000
Previous Owner Epley Donald $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $3,500,000 -22.2% $490 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $4,500,000 +91.9% $630 / Sq Ft
06/07/2022 06/07/22 Sold $2,345,000 -0.2% $328 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $2,350,000 0.0% $329 / Sq Ft
01/10/2021 01/10/21 Price Changed $2,350,000 -1.1% $329 / Sq Ft
12/29/2020 12/29/20 Price Changed $2,375,000 -4.8% $333 / Sq Ft
12/08/2020 12/08/20 For Sale $2,495,000 -- $349 / 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 $13,320 $226,586 -- --
2024 $13,137 $160,206 -- --
2023 $13,137 $267,680 $53,530 $214,150
2022 $12,001 $215,100 $43,020 $172,080
2021 $12,796 $204,270 $40,850 $163,420
2020 $12,710 $202,680 $40,530 $162,150
2019 $12,251 $172,000 $34,400 $137,600
2018 $11,773 $169,300 $33,860 $135,440
2017 $11,287 $160,880 $32,170 $128,710
2016 $11,038 $150,450 $30,090 $120,360
2015 $10,443 $143,270 $28,650 $114,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6456910

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-31-026B