NOT LISTED FOR SALE

Estimated Value: $1,197,842 - $1,495,000

3 Beds
2 Baths
2,715 Sq Ft
$489/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $855,000 $315 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $7,507/month

396 Days on Market

Highlights

  • Mountain View
  • Contemporary Architecture
  • Covered Patio or Porch
  • Madison Heights Elementary School Rated A-
  • No HOA
  • Double Pane Windows

About This Home

As of January 2020

Recently reduced - opportunities like this do not come along very often.
Distinct. Unique. Timeless. These are just a few of the words that come to mind when describing this 1970's hillside masterpiece nestled in the heart of the Phoenix Mountain Preserve and surrounded by the best of what the valley has to offer. Custom built for the current owner, this cherished home has never been offered on the market before. The open layout showcases clean lines, generous gathering spaces and an abundance of natural light through end to end walls of glass. It would be impossible to miss the stunning views of downtown Phoenix and the entire valley from every common area of the home as well as the upstairs master bedroom retreat. Standing seam metal roof, Tongue and Groove Ceilings and exposed beams all add substantial design character to this architecturally unique home with unlimited possibilities and endless views.
Enjoy entertaining or the peace and quiet from the private courtyard outside your back sliding doors. Covered patios and mature native landscaping provide the ultimate in privacy and comfort.

This exquisite high end neighborhood offers unparalleled convenience to downtown, Biltmore, Paradise Valley and many top shopping, dining & entertainment options. Step out your door to easily access the trail heads for miles of walking, biking and of course hiking to the top of Piestewa Peak. (The vacant lot adjacent to this home is also for sale MLS# 5845515. Combine the 2 and your options are unlimited!)

Last Agent to Sell the Property

lisa brown

HomeSmart Brokerage Phone: 602-339-3567 License #SA652637000 Listed on: 11/10/2018

HomeSmart

Last Buyer's Agent

Bart Mahrer

HomeSmart License #BR111609000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,001

Year Built

  • Built in 1974

Lot Details

  • 0.28 Acre Lot
  • Desert faces the front and back of the property
  • Front and Back Yard Sprinklers

Parking

  • 2 Carport Spaces

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,715 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Mountain Views
  • Security System Owned
  • Electric Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Madison Heights Elementary School
  • Madison Traditional Academy Middle School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 164-30-099

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Hills Of The Desert 5 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,001

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: Lincoln and Squaw Peak Drive
  • Legal Info Range: 3E
  • 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 Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1974
  • Tax Year: 2018
  • Directions: From Lincoln Drive: Head N/E on Squaw Peak Drive (toward Phoenix Mountain Preserve hiking trails). Take 1st Left on 23rd Place and drive up the big hill to beautiful Cedar hillside house on right.
  • Attribution Contact: 602-339-3567
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.28
  • Subdivision Name: HILLS OF THE DESERT 5
  • Architectural Style: Other, Contemporary
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Upstairs, Full Bth Master Bdrm
  • Living Area: 2715.0
  • Stories: 2
  • Window Features: Dual Pane
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • 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: Madison Heights Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Traditional Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12258.0
  • Parcel #: 164-30-099

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 5000.74
  • Tax Book Number: 164.00
  • Tax Lot: 88
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2018
Closed on
Jan 6, 2020
Sold by
Wood Rod and Rob Wood Trust
Bought by
Adams Jon Trent
Seller's Agent
lisa brown
HomeSmart
Buyer's Agent
Bart Mahrer
HomeSmart
List Price
$949,000
Sold Price
$855,000
Premium/Discount to List
-$94,000
-9.91%
Current Estimated Value
$1,326,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,961
Avg. Annual Appreciation
8.14%
Original Mortgage
$85,500
Outstanding Balance
$76,396
Interest Rate
3.4%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,260,250

Purchase Details

Closed on
Jul 7, 2016
Sold by
Wood Rod
Bought by
Wood Rod and The Rod Wood Trust Agreement
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
Adams Jon Trent $855,000 Magnus Title Agency Llc
Wood Rod -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Jon Trent $684,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2020 01/15/20 Sold $855,000 -4.9% $315 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
09/18/2019 09/18/19 Price Changed $899,000 -5.3% $331 / Sq Ft
06/13/2019 06/13/19 For Sale $949,000 0.0% $350 / Sq Ft
06/13/2019 06/13/19 Price Changed $949,000 +11.0% $350 / Sq Ft
05/25/2019 05/25/19 Off Market $855,000 -- --
02/07/2019 02/07/19 Price Changed $995,000 -9.5% $366 / Sq Ft
11/10/2018 11/10/18 For Sale $1,100,000 -- $405 / 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 $5,662 $50,417 -- --
2024 $5,494 $48,017 -- --
2023 $5,494 $72,780 $14,550 $58,230
2022 $5,313 $61,210 $12,240 $48,970
2021 $5,364 $55,360 $11,070 $44,290
2020 $5,271 $57,600 $11,520 $46,080
2019 $5,141 $53,500 $10,700 $42,800
2018 $5,001 $48,420 $9,680 $38,740
2017 $3,867 $40,730 $8,140 $32,590
2016 $3,727 $36,200 $7,240 $28,960
2015 $3,468 $33,500 $6,700 $26,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5845593

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-30-099