$4,937,625
SOLD AUG 30, 2024
3 Beds
3.5 Baths
4,507 Sq Ft
10,670 Sq Ft Lot

Recently Sold

$1,096 Per Sq Ft

3% Below List Price

14 Days on Market

Highlights

  • Gated with Attendant
  • Private Pool
  • Contemporary Architecture
  • Kiva Elementary School Rated A
  • Mountain View
  • Vaulted Ceiling

About This Home

As of August 2024

Recently completed & highly appointed contemporary home in Azure...the Ritz Carlton-adjacent enclave in the heart of Paradise Valley. Positioned on a quiet & private interior corner lot w/ peeks of both Camelback & Mummy Mountains, this property offers the right size for a lock 'n leave lifestyle. Finishes include Oak floors, Western doors & windows, ebonized rift-cut Oak cabinetry, natural Quartzite counters, Gaggenau appliances, motorized shades, custom Venetian-plastered & tiled fireplace surround, Limestone accent walls, Lutron lighting system & discreet flush-mounted surround sound speakers. The lushly landscaped rear yard includes a pool, water feature, outdoor kitchen & cantilevered fire feature. Walk to the Ritz-Carlton & the future exclusive world-class Palmeraie shopping centre.

Last Agent to Sell the Property

Grant Almquist

Russ Lyon Sotheby's International Realty License #SA038955000 Listed on: 07/08/2024

Russ Lyon Sotheby's International Realty

Co-Listed By

Joe Bushong

Russ Lyon Sotheby's International Realty License #SA558366000

Last Buyer's Agent

Robin Reese

Realty Marketing Group License #BR673931000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,173

Year Built

  • Built in 2024

Lot Details

  • 10,670 Sq Ft Lot
  • Private Streets
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Electric Vehicle Home Charger
  • Heated Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 4,507 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Mechanical Sun Shade
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • <<builtInMicrowave>>
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Security System Owned
  • Smart Home

Outdoor Features

  • Private Pool
  • Covered patio or porch
  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 174-58-242

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint, trash
  • Azure Association, Phone Number (480) 682-3209
  • Built by Shea Signature
  • Ritz Carlton Parcel B Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,173

Year Built

Built in 2024

Lot Details

0

HOA Fees

$1,100 per month

Parking

3

Listing Details

  • Cross Street: Invergordan and Indian Bend
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1100.0
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2024
  • Tax Year: 2023
  • Directions: East on Indian Bend to Palmeraie Blvd, south to the guard gated entrance on your right. Pass through the gate and turn right to the first house on your left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: RITZ-CARLTON PARCEL B
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 1100.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: 4098

Interior Features

  • Basement: Walk-Out Access, Finished, Full
  • Flooring: Stone, Wood
  • Basement YN: Yes
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit, 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Elevator, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4507.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, Mechanical Sun Shds
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Full: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Temp Controlled, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Electric Vehicle Charging Station(s): Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Guarded Entry
  • Association Fee: 1100.0
  • Association Fee Frequency: Monthly
  • Association Name: Azure
  • Phone: 480-682-3209
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Azure
  • Association Fees:HOA Telephone4: 480.682.3209
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Prepaid Association Fees HOA: 2200.0
  • Association Fees:Disclosure Fees HOA: 371.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Front Yard Maint, Trash

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10670.0
  • Parcel #: 174-58-242

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat, Recirculation Pump

Building Info

  • Builder Name: Shea Signature

Tax Info

  • Tax Annual Amount: 5173.0
  • Tax Book Number: 174.00
  • Tax Lot: 66
  • Tax Map Number: 58.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Aug 27, 2024
Sold by
Olcher Ken and Bennett Jennifer Lynn
Bought by
Harrison Marvin D
Seller's Agent
Grant Almquist
Russ Lyon Sotheby's International Realty
Buyer's Agent
Robin Reese
Realty Marketing Group
List Price
$5,100,000
Sold Price
$4,937,625
Premium/Discount to List
-$162,375
-3.18%
Views
29
Current Estimated Value
$5,159,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,740
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Dec 3, 2021
Sold by
Shea Homes Arizona Limited Partnership
Bought by
Olcher Ken and Bennett Jennifer Lynn
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,937,625 Premier Title Agency
Special Warranty Deed $800,000 Fidelity Natl Ttl Agcy Inc
Special Warranty Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $4,937,625 -3.2% $1,096 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $5,100,000 -- $1,132 / 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 $11,079 $187,275 -- --
2024 $5,173 $178,357 -- --
2023 $5,173 $140,960 $28,190 $112,770
2022 $2,507 $103,485 $103,485 $0
2021 $2,658 $92,100 $92,100 $0
2020 $2,642 $54,105 $54,105 $0
2019 $2,554 $53,160 $53,160 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6728490

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-58-242