$3,850,000
SOLD JAN 14, 2025
5 Beds
4.5 Baths
5,322 Sq Ft
1 Acres

Recently Sold

$723 Per Sq Ft

19% Below List Price

64 Days on Market

Highlights

  • Private Pool
  • 1 Acre Lot
  • Vaulted Ceiling
  • Kiva Elementary School Rated A
  • Two Primary Bathrooms
  • Wood Flooring

About This Home

As of January 2025

This Home was just finished and now job transfer forces owners to sell there newly built dream home in Arizona's most prestigious area. Sitting In the heart of Paradise Valley you will find this Old Tucson Style Slump Block Home but inside is modern contemporary with lots of glass and high ceilings. Folding glass doors open to bring the natural stunning views from the backyard patio of Mummy Mountain to the east and Phoenix mountain preserves from the front patio. The split master bedroom floorplan provides privacy for the entire family and guests The floor to ceiling chilled glass wine cellar adds to the elegancy displaying over 250 bottles of your private collection. Huge covered rear patio has built-in heaters. Private guest quarters upstairs with viewing deck. Convenient
N/S garages DRASTIC reduction 1.5 million from original list price of 5.5M

Last Agent to Sell the Property

Charlie Stidham

Compass License #BR004871000 Listed on: 09/27/2024

Compass

Last Buyer's Agent

Cathy Fassero

Compass License #BR539511000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,420

Year Built

  • Built in 2021

Lot Details

  • 1 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Private Yard

Parking

  • 4 Car Garage
  • Electric Vehicle Home Charger
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Designed by MDRN SPANISH REVIVAL Architects
  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • ICAT Recessed Lighting
  • Synthetic Stucco Exterior

Interior Spaces

  • 5,322 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Mechanical Sun Shade
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home
  • Fire Sprinkler System

Accessible Home Design

  • No Interior Steps

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Playground

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating unit installed on the ceiling
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 169-07-042

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by CUSTOM
  • Franciscan Terrace Subdivision

Recreation

  • Sport Court
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,420

Year Built

Built in 2021

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Tatum and Lincoln
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: MDRN SPANISH REVIVAL
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2021
  • Tax Year: 2023
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.0
  • Subdivision Name: FRANCISCAN TERRACE
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Smart Home
  • Living Area: 5322.0
  • Stories: 2
  • Window Features: Dual Pane, Mechanical Sun Shds
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Circular Drive, Covered Patio(s), Playground, Patio, Private Yard, Sport Court(s)
  • Lot Features: Natural Desert Back, Synthetic Grass Frnt, Natural Desert Front
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: EIFS Synthetic Stcco, Brick Veneer, Painted, Frame - Wood, Slump Block, ICAT Recessed Lighting
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Construction:Slump Block: Yes
  • Exterior Features:Sport Court(s): Yes
  • Construction:ICAT Recessed Lights: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Electric Door Opener, Extnded Lngth Garage, Separate Strge Area, Side Vehicle Entry, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Electric Vehicle Charging Station(s): Yes

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Natural Gas, Ceiling
  • Security: Security System Owned
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes
  • Heating:Ceiling: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: None
  • 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: 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: 43510.0
  • Parcel #: 169-07-042
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Annual Amount: 11420.0
  • Tax Book Number: 169.00
  • Tax Lot: 1
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Jan 9, 2025
Sold by
Johnson Adam C
Bought by
Wendi Whitmore Living Trust and Whitmore
Seller's Agent
Charlie Stidham
Compass
Buyer's Agent
Cathy Fassero
Compass
List Price
$4,750,000
Sold Price
$3,850,000
Premium/Discount to List
-$900,000
-18.95%
Total Days on Market
64
Views
43
Current Estimated Value
$3,973,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,960
Avg. Annual Appreciation
8.04%
Original Mortgage
$2,675,000
Outstanding Balance
$2,669,447
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$1,304,513

Purchase Details

Listed on
Feb 13, 2016
Closed on
Nov 18, 2016
Sold by
The Primorac Trust
Bought by
Johnson Adam C
Seller's Agent
Christopher Karas
Compass
Buyer's Agent
Harold Kayser III
Deluxe Realty
List Price
$920,000
Sold Price
$800,000
Premium/Discount to List
-$120,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.26%
Original Mortgage
$640,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2016
Closed on
Nov 7, 2016
Sold by
Johnson Karie
Bought by
Johnson Adam C and Johnson Karie
Seller's Agent
Christopher Karas
Compass
Buyer's Agent
Harold Kayser III
Deluxe Realty
List Price
$920,000
Sold Price
$800,000
Premium/Discount to List
-$120,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2007
Sold by
Primorac Michael John
Bought by
Primorac Michael John and Primorac Annmarie Kikuye

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
6.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 21, 2003
Sold by
Koenig Jeff
Bought by
Primorac Michael John and Primorac Annmarie Kikuye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 6, 2001
Sold by
Kovach Katherine M
Bought by
Koenig Jeff and Kovach Katherine M

Purchase Details

Closed on
Dec 27, 2000
Sold by
Ghebleh Farid
Bought by
Kovach Katherine M and Koenig Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 1999
Sold by
Taulbee Lennox Bradley
Bought by
Ghebleh Farid and Ghebleh Pune R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1998
Sold by
Taulbee Rolinda J
Bought by
Taulbee Lennox Bradley

Purchase Details

Closed on
Jul 12, 1996
Sold by
Ben Levy Shalom
Bought by
Taulbee Lennox Bradley and Taulbee Rolinda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.87%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $3,850,000 Wfg National Title Insurance C
Warranty Deed $800,000 Fidelity Natl Title Agency I
Warranty Deed -- Fidelity Natl Title Agency I
Warranty Deed -- None Available
Warranty Deed $590,000 Arizona Title Agency Inc
Warranty Deed -- Arizona Title Agency Inc
Warranty Deed $480,000 Arizona Title Agency Inc
Warranty Deed $375,000 First American Title
Warranty Deed -- First American Title
Warranty Deed $285,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,675,000 New Conventional
Previous Owner $870,000 Credit Line Revolving
Previous Owner $1,426,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $640,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $671,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $90,000 Credit Line Revolving
Previous Owner $472,000 New Conventional
Previous Owner $98,000 Stand Alone First
Previous Owner $325,000 New Conventional
Previous Owner $337,500 New Conventional
Previous Owner $228,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 Sold $3,850,000 -3.8% $723 / Sq Ft
10/25/2024 10/25/24 Price Changed $4,000,000 -15.8% $752 / Sq Ft
09/27/2024 09/27/24 For Sale $4,750,000 +493.8% $893 / Sq Ft
11/21/2016 11/21/16 Sold $800,000 -5.9% $243 / Sq Ft
08/20/2016 08/20/16 Price Changed $849,995 -2.9% $258 / Sq Ft
04/25/2016 04/25/16 Price Changed $875,000 -2.2% $266 / Sq Ft
03/22/2016 03/22/16 Price Changed $895,000 -2.7% $272 / Sq Ft
02/12/2016 02/12/16 For Sale $920,000 0.0% $280 / Sq Ft
11/15/2013 11/15/13 Rented $4,200 -10.6% --
10/13/2013 10/13/13 Under Contract -- -- --
06/21/2013 06/21/13 For Rent $4,700 -- --
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 $11,580 $196,980 -- --
2024 $11,420 $187,600 -- --
2023 $11,420 $313,450 $62,690 $250,760
2022 $7,377 $171,030 $34,200 $136,830
2021 $5,309 $82,230 $16,440 $65,790
2020 $5,405 $80,100 $16,020 $64,080
2019 $5,265 $77,170 $15,430 $61,740
2018 $5,146 $76,780 $15,350 $61,430
2017 $4,920 $71,220 $14,240 $56,980
2016 $5,645 $71,300 $14,260 $57,040
2015 $5,356 $71,300 $14,260 $57,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6760938

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-07-042