NOT LISTED FOR SALE

Estimated Value: $2,670,000 - $3,239,000

4 Beds
6 Baths
5,811 Sq Ft
$496/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $2,585,000 $445 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $16,857/month

11 Days on Market

Highlights

  • Heated Spa
  • 0.67 Acre Lot
  • Vaulted Ceiling
  • Madison Richard Simis School Rated A-
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of March 2023

Looking for the impossible? This home has it all. Live the life of both comfort and luxury where classic meets modern, close to Scottsdale and Paradise Valley. This turnkey, custom and historic Murphy Bridle Path estate is located in the highly sought-after North Central Corridor, just a stroll from the exclusive 5.3-mile trail.

Notice the features of this elegant estate, boasting over 5,800 sqft luxury interior on a 29,088 sqft lot. This fully upgraded beauty radiates classic Santa Barbara warmth.

Step inside the grand entrance and you are greeted with soaring ceilings, smooth walls, grand arches, exposed natural wood beams, travertine floors; a truly open living space where you entertain guests by the fireplace, serve cocktail at your full-sized bar, the bar lounge, or formal... ...living area or even take your guests through another door and sit at the fireplace on your private front patio.

It doesn't end there. Enjoy your expansive gourmet kitchen with the most up-to-date yet tasteful appliances, large island, granite countertops, double-wide refrigerator, upgraded cabinetry and informal dining area with a gorgeous chandelier and wall-to-wall walk-in pantry.

As a split floor plan, you enjoy peace, quiet and privacy from your guests. The primary room sneaks off to the left, down the hallway behind the bar, past the powder room, past the temperature-controlled wine room, located on the right before the office through double doors. The large primary room features a sitting area, a two-sided fireplace that warms both the bedroom and the bathroom, a ceiling-to-wall built-in bookshelf with private refrigerator and bump out ceilings with recessed lighting. The primary bathroom has everything you could want and more -- a freestanding soaking bathtub, walled stone steam room with dome top, massive closet, private gym with separate access to the pool, and last but certainly not least, a relaxing space on your private, covered patio with your tranquil water fountain.

You'll find the remaining rooms in the right wing, down the hallway past the kitchen, past the pantry and 2nd powder room. Every bedroom is an en suite, featuring spacious rooms and walk-in closets. Bedrooms either have a private patio with water feature or a fireplace. Two rooms have a private entrance while another has a pool door leading out to the backyard. One room has its own living room.

Because this is a corner lot home, it's larger, more private and boasts more than one would expect. What is more, is if you notice on the drone pictures, this home only shares property lines with one other neighbor. The backyard courtyard earns many more bragging rights. It features an outdoor kitchen, outdoor fireplace, sitting area, covered patio, pool bar, multiple entrances, a custom pool with remote controlled waterfall, waterslide, easy maintenance and energy efficient faux grass, fruit trees and an RV gate.

Are you familiar with the historic Murphy Bridle Path? This very popular area is known for year-round hiking, horseback riding, running and quiet pockets of custom-built estates. Just minutes from Scottsdale, the North Corridor is surrounded by some of Phoenix's best dining and entertainment yet tucked away from the hustle and bustle of city life.

North Central Phoenix is also known for its schools - schools like Saint Francis Xavier Elementary School, Brophy College Preparatory, BASIS Phoenix Central and many more. Residents in the area rave about the education offered at schools in the region.

Last Agent to Sell the Property

Michelle Hodges

Russ Lyon Sotheby's International Realty License #SA678407000 Listed on: 01/12/2023

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Esther Gallardo

West USA Realty License #BR523184000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,401

Year Built

  • Built in 2002

Lot Details

  • 0.67 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Misting System
  • Backyard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Garage

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,811 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 6 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Play Pool
  • Pool Pump

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue
  • Playground

Schools

  • Madison Richard Simis Elementary School
  • Country Meadows Elementary Middle School
  • Central High School

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom Home
  • Orangewood Subdivision, Custom Floorplan

Listing and Financial Details

  • Legal Lot and Block 4 / 5
  • Assessor Parcel Number 160-37-018-C

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,401

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Glendale & 3rd Street
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Spa Private: Yes
  • Tax Year: 2022
  • Directions: Glendale & 3rd Street, North to property on East side on street
  • Master Model: CUSTOM
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.67
  • Subdivision Name: ORANGEWOOD
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: C
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, 3+ Fireplace, Two Way Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5811.0
  • Stories: 1
  • Window Features: Skylight(s), Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Misting System, Private Yard, Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Desert Front, Grass Front, Grass Back, Synthetic Grass Back
  • Pool Features: Play Pool, Variable Speed Pump, Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Extended Length Garage, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • 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 Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Country Meadows Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29088.0
  • Parcel #: 160-37-018-C

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Custom Home

Tax Info

  • Tax Annual Amount: 18401.0
  • Tax Block: 5
  • Tax Book Number: 160.00
  • Tax Lot: 4
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Lizarraga Ignacia
Bought by
Lizarraga Trust and Lizarraga
Current Estimated Value
$2,884,054

Purchase Details

Listed on
Jan 12, 2023
Closed on
Mar 6, 2023
Sold by
Psc Family Trust
Bought by
Lizarraga Ignacia
Seller's Agent
Michelle Hodges
Russ Lyon Sotheby's International Realty
Buyer's Agent
Esther Gallardo
West USA Realty
List Price
$2,600,000
Sold Price
$2,585,000
Premium/Discount to List
-$15,000
-0.58%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%
Original Mortgage
$1,938,750
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2022
Closed on
Aug 26, 2022
Sold by
Risser and Lori
Bought by
Psc Family Trust
Seller's Agent
Janeen Gelinas
Compass
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$3,250,000
Sold Price
$2,575,000
Premium/Discount to List
-$675,000
-20.77%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.76%

Purchase Details

Closed on
Nov 19, 2003
Sold by
The Zacher Development Co Llc
Bought by
Risser Eric and Risser Lori

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
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2001
Sold by
Spresser Lisa
Bought by
Zacher Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.24%

Purchase Details

Closed on
Sep 21, 1999
Sold by
Spresser David
Bought by
Spresser Lisa

Purchase Details

Closed on
Jan 30, 1996
Sold by
Blewster William H and Blewster Barbara Jo Bentson
Bought by
Spresser David A and Spresser Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
7.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lizarraga Trust -- None Listed On Document
Lizarraga Ignacia $2,585,000 Navi Title Agency
Psc Family Trust $2,575,000 Pioneer Title
Risser Eric $1,475,000 Fidelity National Title
Zacher Homes Inc $425,000 --
Spresser Lisa -- --
Spresser David A $238,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lizarraga Ignacia $1,938,750
Previous Owner Risser Eric $1,000,000
Previous Owner Zacher Homes Inc $340,000
Previous Owner Spresser David A $199,200
Closed Zacher Homes Inc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $2,585,000 -0.6% $445 / Sq Ft
03/01/2023 03/01/23 For Sale $2,600,000 0.0% $447 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $2,600,000 +1.0% $447 / Sq Ft
09/01/2022 09/01/22 Sold $2,575,000 -8.0% $443 / Sq Ft
07/29/2022 07/29/22 Price Changed $2,800,000 -13.8% $482 / Sq Ft
05/27/2022 05/27/22 For Sale $3,250,000 -- $559 / 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 $19,524 $162,027 -- --
2024 $18,985 $154,311 -- --
2023 $18,985 $193,460 $38,690 $154,770
2022 $18,401 $143,500 $28,700 $114,800
2021 $18,566 $133,300 $26,660 $106,640
2020 $18,940 $135,530 $27,100 $108,430
2019 $18,510 $125,220 $25,040 $100,180
2018 $18,443 $121,830 $24,360 $97,470
2017 $18,089 $119,500 $23,900 $95,600
2016 $17,538 $114,400 $22,880 $91,520
2015 $16,423 $116,600 $23,320 $93,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6504200

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-37-018C