NOT LISTED FOR SALE

Estimated Value: $7,246,000 - $14,070,940

6 Beds
10 Baths
15,000 Sq Ft
$711/Sq Ft Est. Value

Last Sold March 05, 2012

Last sale price $4,800,000 $320 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $62,770/month

73 Days on Market

Highlights

  • Home Theater
  • Heated Spa
  • Sitting Area In Primary Bedroom
  • Kiva Elementary School Rated A
  • Sauna
  • Gated Community

About This Home

As of March 2012

Seller has never occupied premises and will not supply SPDS or CLUE. This magnificent Tuscan style hillside estate is nearing completion. Sprawling custom home boasting 15,000 livable square feet with 6 bedrooms, theater, office, game room and more! Enjoy unparalleled 180 degree views of Camelback Mountain and downtown city lights. Incredible negative-edge pool that flows off into Camelback Mountain. This one-of-a-kind estate is unmatched in Paradise Valley. Home is approx 120 days from completion. Incredible opportunity to buy this at a 'once in a lifetime' price!

Last Agent to Sell the Property

Robert Hassett

Russ Lyon Sotheby's International Realty License #SA029216000 Listed on: 12/02/2011

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Robert Hassett

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,858

Year Built

  • Built in 2008 | Under Construction

Lot Details

  • 4.41

Property Views

  • City Lights
  • Mountain

Home Design

  • Earth Berm
  • Tile Roof
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 15,000 Sq Ft Home
  • Elevator
  • Central Vacuum
  • Skylights
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Theater
  • Bonus Room
  • Sauna
  • Fire Sprinkler System
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Separate Bedroom Exit
  • Walk-In Closet
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Jettted Tub and Separate Shower in Primary Bathroom

Parking

  • 6 Car Garage
  • Garage Door Opener

Pool

  • Heated Spa
  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Fire Pit

Schools

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

Utilities

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

Additional Features

  • North or South Exposure
  • Block Wall Fence

Community Details

Overview

  • $42,272 per year Dock Fee
  • Association fees include no fees
  • Built by Montalbano

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,858

Year Built

Built in 2008 | Under Construction

Lot Details

0

Listing Details

  • Tax Municipality: Paradise Valley
  • Cross Street: Lincoln/Invergordon
  • Property Type: A
  • Unit Style: Two Levels
  • Technology: Cable TV Avail, High Speed Internet Available
  • Assessor Parcel Ltr: A
  • Assessor Parcel Number: 15.00
  • Hndrd Blk Directionl: E
  • Hundred Block: 7000
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst, Mstr Bdrm Sitting Rm, Separate Bdrm Exit
  • Assessor Parcel Number: 169-36-015-A
  • Construction Finish: Stone, Stucco
  • Construction Status: Under Construction
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 610FRXPSANO6G
  • Energy Green Features: Multi-Zones
  • Map Code Grid: N36
  • Primary Bathroom Type: 2 Master Baths, Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Numberof Interior Levels: 2
  • Parking Spaces Garage Spaces: 6.00
  • Parking Spaces Total Covered Spaces: 6.00
  • Price per Sq Ft: 320.00
  • Property Group Id: 19990816212109142258000000
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Tax Year: 2011
  • Directions: North on Invergordon to the top, then East
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Features: Central Vacuum, Elevator, Fire Sprinklers, Skylight(s)
  • Bedrooms: 6
  • Bedrooms Plus: 8.00
  • Other Rooms: Bonus/Game Room, Exercise/Sauna Room, Family Room, Great Room, Media Room
  • Bathrooms: 10.00
  • Laundry: Inside
  • Fireplace: 3+ Fireplace, Exterior Fireplace, Firepit, Fireplace Family Rm, Fireplace Living Rm, Fireplace Master Bdr, Gas Fireplace
  • Master Bedroom Type: Split
  • Dining Area: Breakfast Bar, Dining in LR/GR
  • Estimated Lot Sq Ft: 192240.00
  • Estimated Sq Ft: 15000.00
  • Kitchen Features: Dishwasher, Disposal, Pantry, Refrigerator
  • Source Of Sq Ft: Owner

Exterior Features

  • Exterior Stories: 2
  • Pool: Private Only
  • Spa: Heated, Private
  • Landscaping: Yrd Wtring Sys Back
  • Roofing: Tile
  • Fencing: Block
  • Construction: Block
  • Exterior Features: Covered Patio(s), Patio
  • Pool Private: Diving Pool, Heated, Private

Garage/Parking

  • Parking Features: Electric Door Opener

Utilities

  • Water: City Water
  • Utilities: APS, SW Gas
  • Cooling: Refrigeration
  • Heating: Natural Gas

Condo/Co-op/Association

  • Community Features: Gated Community
  • Fee Include: No Fees

Schools

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

Lot Info

  • Property Description: City Light View(s), Hillside Lot, Mountain View(s), North/South Exposure

Building Info

  • Builder Name: Montalbano

Tax Info

  • Taxes: 42272.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2011
Closed on
Mar 5, 2012
Sold by
Mb815 Llc
Bought by
Barney Max Group Llc
Seller's Agent
Robert Hassett
Russ Lyon Sotheby's International Realty
Buyer's Agent
Robert Hassett
Russ Lyon Sotheby's International Realty
List Price
$9,995,000
Sold Price
$4,800,000
Premium/Discount to List
-$5,195,000
-51.98%
Current Estimated Value
$10,658,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,858,470
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
Oct 22, 2011
Sold by
Mb Financial Bank Na
Bought by
Mb815 Llc

Purchase Details

Closed on
Oct 18, 2011
Sold by
Montalbano Susan and Montalbano Anthony P
Bought by
Mb Financial Bank Na

Purchase Details

Closed on
Dec 2, 1999
Sold by
Sussman Robert
Bought by
The Dan Kennedy Family Trust

Purchase Details

Closed on
Dec 2, 1998
Sold by
Grossman N Bud
Bought by
Sussman Robert and Sussman Robynn

Purchase Details

Closed on
Jun 4, 1997
Sold by
Coukoulis Theodore C
Bought by
Grossman N Bud and Grossman Beverly

Purchase Details

Closed on
Jun 21, 1995
Sold by
Burroughs Margaret D
Bought by
Coukoulis Theodore C and Coukoulis Mitzi M

Purchase Details

Closed on
Jun 20, 1995
Sold by
Donahoe Daniel J
Bought by
Coukoulis Theodore C and Coukoulis Mitzi M

Purchase Details

Closed on
Jun 19, 1995
Sold by
Donahoe Ann Gray
Bought by
Coukoulis Theodore C and Coukoulis Mitzi M

Purchase Details

Closed on
May 31, 1995
Sold by
Donahoe J Michael
Bought by
Coukoulis Theodore C and Coukoulis Mitzi M
Source: Public Records

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
Barney Max Group Llc $4,800,000 None Available
Mb815 Llc -- Chicago Title
Mb Financial Bank Na -- Chicago Title Insurance Comp
The Dan Kennedy Family Trust $1,325,000 Century Title Agency
Sussman Robert $1,055,000 Fidelity Title
Grossman N Bud $950,000 Security Title Agency
Coukoulis Theodore C -- Security Title Agency
Coukoulis Theodore C -- Security Title Agency
Coukoulis Theodore C -- Security Title Agency
Coukoulis Theodore C -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barney Max Group Llc $5,500,000
Closed Barney Max Group Llc $5,445,624
Closed Barney Max Group Llc $5,460,000
Previous Owner Montalbano Anthony P $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2012 03/05/12 Sold $4,800,000 -52.0% $320 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
12/02/2011 12/02/11 For Sale $9,995,000 -- $666 / 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 $46,858 $797,076 -- --
2024 $46,212 $759,120 -- --
2023 $46,212 $1,065,620 $213,120 $852,500
2022 $44,329 $725,920 $145,180 $580,740
2021 $47,124 $686,180 $137,240 $548,940
2020 $46,823 $624,530 $124,900 $499,630
2019 $54,456 $716,510 $143,300 $573,210
2018 $53,278 $696,980 $139,390 $557,590
2017 $51,183 $714,850 $142,970 $571,880
2016 $50,113 $628,910 $125,780 $503,130
2015 $49,925 $628,910 $125,780 $503,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4683906

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-36-015A