NOT LISTED FOR SALE

Estimated Value: $2,305,344 - $3,128,000

2 Beds
2.5 Baths
3,852 Sq Ft
$702/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $1,100,000 $286 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $14,859/month

9 Days on Market

Highlights

  • Golf Course Community
  • Lap Pool
  • Community Lake
  • Kiva Elementary School Rated A
  • Waterfront
  • Contemporary Architecture

About This Home

As of October 2014

RARE ultra-contemporary, WATERFRONT home in McCormick Ranch created by award-winning architect Michael P. Johnson w/drop-dead lake & mountain views. Once-in-a-lifetime opportunity to own this lavish custom home for a mere fraction of it's original cost! Versatile light-filled interior. Floor-to-ceiling expanses of windows on both levels showcase the lap/reflecting pool that extends to lake McCormick Ranch w/boat privileges. Currently set up as a 2 bedroom + office + art studio! Downstairs:living room, dining room, superb modern chef's kitchen (Polyform custom cabinetry, Gagganeau & Kupperbush appliances), guest suite & half bath. Upstairs:loft-style concept w/master suite, sitting room, office space & cantilevered balcony. Creston smart system automates the music, lighting & security T/O. RARE ultra-contemporary, luxury WATERFRONT home in McCormick Ranch created by award-winning architect Michael P. Johnson with drop-dead lake and mountain views. You now have a once-in-a-lifetime opportunity to own this lavish custom home for a mere fraction of it's original construction cost! This elegant, award-winning modern design flows seamlessly from the Japanese Zen courtyard to the dramatic entry. The cantilevered steel canopy and pivot/sliding front doors open to the versatile light-filled interior. Floor-to-ceiling expanses of windows on both levels showcase the lap/reflecting pool that extends to lake McCormick Ranch with boat privileges. Currently set up as a 2 bedroom + office floor plan, with 2 car side-entry garage plus air conditioned art studio! We have the original architect plans to convert into a 3 or 4 bedroom home. Downstairs you'll find a spacious living room, dining room, superb modern chef's kitchen, guest suite & half bath. The serious gourmet kitchen features Euro-style Polyform cabinetry with glass shelving, Gagganeau oven, Kupperbush stove and dishwasher all with matching cabinetry paneling, breakfast bar and reverse osmosis. The flooring throughout is striking 2' x 4' porcelain tiles and wood. Towering ceilings, anchored by a signature steel staircase, with glass balcony overlooking the entry, brings you to the second level. The loft-style concept features the master suite, sitting room, office space & cantilevered balcony. A unique storage unit that doubles as a partition wall separates the bedroom and the office space. The exquisite features of the master bath include a wall-mounted toilet, custom Polyform cabinetry, deep modern soaking tub, a separate shower, bidet, and modern sinks. This home features a Creston smart system which automates the music, lighting and security throughout. The entire home is equipped with central vacuum, floor outlets, air/heat floor vents, and ample built-in storage. It truly is a turn-key modern home offering the best of Arizona living plus a prime Scottsdale location! McCormick Ranch offers two championship golf courses, is located in the heart of Scottsdale, and is coveted for it's mature green grass, lakes, and trees. McCormick Ranch is home to around 27,000 people, with 67 subdivisions, 10 gorgeous lakes and more extraordinary views than one could possibly count. McCormick Ranch is characterized by green grass, 25 miles of bicycle paths, pedestrian pathways, countless outdoor activities and, most of all, a welcoming community. In addition to homes, the Ranch contains a large variety of commercial properties and small businesses, implemented in the master plan to provide residents with all the amenities desired in community living. It is home to eight shopping centers, seven places of worship, two hotels, one state-of-the-art medical center and a post office. McCormick Ranch is currently celebrating 40 years of community; a place where residents are proud to call home! McCormick Ranch is a wonderful place to live, shop, work and play! This home is a piece of art!

Last Agent to Sell the Property

Christie Kinchen

Twins & Co. Realty, LLC License #BR518042000 Listed on: 08/21/2014

Co-Listed By

Jennifer Hibbard

Twins & Co. Realty, LLC License #BR531556000

Last Buyer's Agent

Susan Fishman

Russ Lyon Sotheby's International Realty License #SA534692000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,420

Year Built

  • Built in 2005

Lot Details

  • 10,424 Sq Ft Lot
  • Waterfront
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,852 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Lap Pool
  • Balcony
  • Covered Patio or Porch

Schools

  • Kiva Elementary School
  • Sahuaro Middle School
  • Sahuaro Ranch Elementary High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 177-07-049

Community Details

Overview

  • Property has a Home Owners Association
  • Mccormick Ranch HOA, Phone Number (480) 860-1122
  • Built by Michael P. Johnson
  • Mccormick Ranch Subdivision, Modern Contemporary Floorplan
  • FHA/VA Approved Complex
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,420

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Mccormick Ranch Parkway & Scottdale Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 16.66
  • Basement: N
  • Energy Green Feature H E R S Rating: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2005
  • Tax Year: 2013
  • Directions: McCormick Parkway to Northern* North on Northern* Northern curves to Via Del Reposo
  • Master Model: Modern contemporary
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.24
  • Co List Office Mls Id: tacr01
  • Co List Office Phone: 602-908-8946
  • Subdivision Name: McCormick Ranch
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 200.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, 9+ Flat Ceilings, Fire Sprinklers, Soft Water Loop, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 3852.0
  • Stories: 2
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Lap, Private
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Property Condition: Complete Spec Home
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Golf, Tennis Court(s), Biking/Walking Path
  • Amenities: FHA Approved Prjct, Other, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee Frequency: Annually
  • Association Name: McCormick Ranch HOA
  • Phone: 480-860-1122
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: McCormick Ranch HOA
  • Association Fees:HOA Telephone4: 480-860-1122
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Kiva Elementary School
  • High School: Sahuaro Ranch Elementary School
  • Middle Or Junior School: Sahuaro School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10424.0
  • Parcel #: 177-07-049
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Michael P. Johnson

Tax Info

  • Tax Annual Amount: 5420.0
  • Tax Book Number: 177.00
  • Tax Lot: 49
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2014
Closed on
Sep 23, 2014
Sold by
Silverman Anthony
Bought by
Marta James Matthew
Seller's Agent
Christie Kinchen
Twins & Co. Realty, LLC
Buyer's Agent
Susan Fishman
Russ Lyon Sotheby's International Realty
List Price
$999,999
Sold Price
$1,100,000
Premium/Discount to List
$100,001
10%
Current Estimated Value
$2,705,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,605,836
Avg. Annual Appreciation
8.53%
Original Mortgage
$824,989
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 5, 2003
Sold by
Silverman Anthony
Bought by
Silverman Anthony and Anthony Silverman Trust

Purchase Details

Closed on
Jan 4, 2002
Sold by
Romero Theresa M and Shoen Theresa M
Bought by
Silverman Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.93%
Mortgage Type
New Conventional
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
Marta James Matthew $1,100,000 Greystone Title Agency Llc
Silverman Anthony -- --
Silverman Anthony $530,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marta James Matthew $824,989
Previous Owner Silverman Anthony $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2014 10/01/14 Sold $1,100,000 +10.0% $286 / Sq Ft
08/20/2014 08/20/14 For Sale $999,999 -- $260 / 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 $6,842 $109,992 -- --
2024 $6,756 $104,754 -- --
2023 $6,756 $139,210 $27,840 $111,370
2022 $6,379 $107,550 $21,510 $86,040
2021 $6,815 $98,400 $19,680 $78,720
2020 $6,750 $93,930 $18,780 $75,150
2019 $6,493 $97,570 $19,510 $78,060
2018 $6,268 $97,510 $19,500 $78,010
2017 $5,978 $87,400 $17,480 $69,920
2016 $5,850 $81,550 $16,310 $65,240
2015 $5,539 $81,330 $16,260 $65,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5160494

Arizona Regional Multiple Listing Service (ARMLS)

APN: 177-07-049