NOT LISTED FOR SALE

Estimated Value: $3,959,000 - $4,508,000

6 Beds
6 Baths
5,377 Sq Ft
$794/Sq Ft Est. Value

Last Sold October 21, 2014

Last sale price $1,129,000 $210 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $24,650/month

About This Home

As of October 2014

: Welcome to paradise in this highly desirable area of Paradise Valley....Stunning contemporary architectural design and remaster of this PV dream home by architect Andy Gramlin. This truly amazing estate will leave you breathless as you walk through the door. Immediately you will notice soaring vaulted ceilings, sky lights, and natural light illuminating the entire room. Taken down to the studs and structurally reconfigured this fully remodeled open floor plan home now features an enormous master bedroom & bath with dual walk ''through'' closets, 3 fireplaces throughout, glass enclosed wine room with a loft above, quartz counters & white kitchen cabinets. The main house consists of 4 beds, 4 baths and the loft amounting to 5,386 sq ft. Meanwhile the very large guest home has an additiona

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2013
Closed on
Oct 20, 2014
Sold by
Prajapati Uttam B and Prajapati Kusum U
Bought by
M Tech Properties Usa Inc
Seller's Agent
Gary Swallows
Swallows & Associates Realty
Buyer's Agent
Justin Harper
RE/MAX Fine Properties
List Price
$2,275,000
Sold Price
$1,129,000
Premium/Discount to List
-$1,146,000
-50.37%
Current Estimated Value
$4,275,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,146,338
Avg. Annual Appreciation
13.37%

Purchase Details

Closed on
Sep 13, 2004
Sold by
Prajapati Uttam B and Prajapati Kusum U
Bought by
Prajapati Uttam B and Prajapati Kusum U

Purchase Details

Closed on
Jul 28, 2003
Sold by
Prajapati Uttam
Bought by
Prajapati Uttam B and Prajapati Kusum U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 26, 2001
Sold by
Prajapati Uttam B and Prajapati Kusum U
Bought by
Prajapati Uttam B and Prajapati Kusum U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.12%

Purchase Details

Closed on
Apr 13, 2001
Sold by
Prajapati Uttam B and Prajapati Kusum U
Bought by
Prajapati Uttam B and Prajapati Kusum U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 3, 1996
Sold by
Prajapati Uttam B and Prajapati Kusum U
Bought by
Prajapati Uttam B and Prajapati Kusum U
Source: Public Records

Range of Values:

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Average Value
Not Available
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
M Tech Properties Usa Inc $1,129,000 Stewart Title & Trust Of Pho
Prajapati Uttam B -- --
Prajapati Uttam B -- Capital Title Agency Inc
Prajapati Uttam B -- Capital Title Agency Inc
Prajapati Uttam -- Capital Title Agency Inc
Prajapati Uttam B -- Fidelity Title
Prajapati Uttam B -- Fidelity National Title
Prajapati Uttam B -- Fidelity Title
Prajapati Uttam B -- Fidelity National Title
Prajapati Uttam B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prajapati Uttam B $359,000
Previous Owner Prajapati Uttam $197,000
Previous Owner Prajapati Uttam $450,000
Previous Owner Prajapati Uttam B $229,500
Previous Owner Prajapati Uttam B $540,000
Previous Owner Prajapati Uttam B $550,000
Previous Owner Prajapati Uttam B $406,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Rented $12,000 0.0% --
09/25/2023 09/25/23 Under Contract -- -- --
09/08/2023 09/08/23 For Rent $12,000 +23.7% --
07/28/2020 07/28/20 Rented $9,700 0.0% --
07/21/2020 07/21/20 Under Contract -- -- --
07/09/2020 07/09/20 For Rent $9,700 +7.8% --
12/01/2018 12/01/18 Rented $9,000 -10.0% --
11/21/2018 11/21/18 Under Contract -- -- --
09/20/2018 09/20/18 For Rent $10,000 +5.3% --
04/12/2017 04/12/17 Rented $9,500 +6.7% --
03/26/2017 03/26/17 Under Contract -- -- --
03/13/2017 03/13/17 Price Changed $8,900 -6.3% $1 / Sq Ft
01/05/2017 01/05/17 Price Changed $9,500 -4.0% $1 / Sq Ft
10/18/2016 10/18/16 Price Changed $9,900 +10.0% $1 / Sq Ft
10/17/2016 10/17/16 For Rent $9,000 0.0% --
10/21/2014 10/21/14 Sold $1,129,000 -19.1% $196 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
10/08/2014 10/08/14 Price Changed $1,395,000 -7.0% $242 / Sq Ft
07/28/2014 07/28/14 Price Changed $1,500,000 -6.0% $260 / Sq Ft
07/07/2014 07/07/14 Price Changed $1,595,000 -5.9% $277 / Sq Ft
05/30/2014 05/30/14 Price Changed $1,695,000 -8.1% $294 / Sq Ft
05/22/2014 05/22/14 Price Changed $1,844,000 -0.1% $320 / Sq Ft
05/15/2014 05/15/14 Price Changed $1,845,500 -0.1% $320 / Sq Ft
05/08/2014 05/08/14 Price Changed $1,847,000 -0.1% $321 / Sq Ft
05/01/2014 05/01/14 Price Changed $1,848,500 -0.1% $321 / Sq Ft
01/13/2014 01/13/14 Price Changed $1,850,000 -18.7% $321 / Sq Ft
11/23/2013 11/23/13 For Sale $2,275,000 -- $395 / Sq Ft

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 $8,635 $164,281 -- --
2024 $9,524 $156,459 -- --
2023 $9,524 $205,100 $41,020 $164,080
2022 $9,137 $165,980 $33,190 $132,790
2021 $9,713 $155,680 $31,130 $124,550
2020 $9,650 $154,650 $30,930 $123,720
2019 $9,317 $143,880 $28,770 $115,110
2018 $8,971 $133,880 $26,770 $107,110
2017 $8,618 $131,460 $26,290 $105,170
2016 $8,438 $115,610 $23,120 $92,490
2015 $8,006 $115,610 $23,120 $92,490
Source: Public Records

Agents Affiliated with this Home

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