NOT LISTED FOR SALE

Estimated Value: $3,416,092

9 Beds
6 Baths
7,230 Sq Ft
$472/Sq Ft Est. Value

Sale Details

Date Sold: August 6, 2021

Last sale price $2,000,000 $277 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $18,696 / mo

138 Days on Market

Highlights

  • Guest House
  • Barn
  • Private Pool
  • Redfield Elementary School Rated A
  • Horse Stalls
  • RV Access or Parking

About This Home

As of August 2021

*INVESTORS ONLY** PERFECT 1031 EXCHANGE***2 YEAR SALE/LEASEBACK - NN LEASE W LIMITED LANDLORD RESPONSIBILITIES **APPROX 6.25 CAP**CALL LISTER FOR LEASE TERMS**PREMIER PROPERTY** APPROX 7230 SQFT, SINGLE LEVEL, MIN OF 8 BEDROOMS, 6 BATHROOMS AND MULTIPLE FLEX SPACES. PROPERTY HAS 2 FULL KITCHENS, EXERCISE ROOM , 2 HUGE FAMILY ROOMS, WIDE HALLWAYS, 2 LAUNDRY AREAS, FANTASTIC ATTACHED GUEST WING. see attached floorplan! STUNNING GROUNDS WITH STORAGE STRUCTURE/BARN/WORKSHOP. **developers dream** 1.77 ACRES ZONED R1-35 MAY BE SPLIT INTO 2 CUSTOM LOTS. FOR THE EXPANDED FAMILY ITS MOVE-IN READY** OTHER POTENTIAL USES IF ZONING OBTAINED: ASSISTED ADULT CARE LIVING/ SOBER HOME FACILITY and VRBO/AIR BNB! . MAIN KITCHEN UPDATED WITH REFINISHED CABINETS, BUILT-IN REFRIGERATOR, GRANITE COUNTER TOPS!

Last Agent to Sell the Property

Rick Elton

Arizona Best Real Estate License #BR107850000 Listed on: 02/07/2021

Arizona Best Real Estate

Co-Listed By

David Elton

Arizona Best Real Estate License #SA531628000

Last Buyer's Agent

Brian Kusmer

HomeSmart License #SA508229000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,185

Year Built

  • Built in 1978

Lot Details

  • 1.77 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 7,230 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Family Room with Fireplace
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Two Primary Bathrooms
  • 6 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

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

Schools

  • Cheyenne Traditional Elementary School
  • Mountainside Middle School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Horse Stalls
  • Tack Room

Utilities

  • Zoned Heating and Cooling System
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Guest House
  • Barn

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by CUSTOM
  • Valley Ranchos Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 217-23-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,185

Year Built

Built in 1978

Lot Details

1.77 Acres

Parking

4

Listing Details

  • Cross Street: ***DO NOT CALL OWNER****
  • Legal Info Range: 5E
  • 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: 4.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1978
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.77
  • Co List Office Mls Id: best08
  • Co List Office Phone: 480-948-4711
  • Subdivision Name: VALLEY RANCHOS
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 276.62
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: Other, Ranch, Farm
  • Spa Features: None
  • Appliances: Electric Cooktop, Water Purifier
  • Total Bedrooms: 9
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Kitchen Island, Pantry, 2 Master Baths, 3/4 Bath Master Bdrm
  • Living Area: 7230.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Separate Workshop: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Playground, Private Yard, Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up, Foam
  • 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:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Circular Driveway, Rear Vehicle Entry, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Other, See Remarks, Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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: Cheyenne Traditional Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mountainside Middle School

Lot Info

  • Horse Amenities: Barn, Stall, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 76902.0
  • Parcel #: 217-23-008

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Annual Amount: 9185.0
  • Tax Book Number: 217.00
  • Tax Lot: 8
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2023
Sold by
Peetz William H
Bought by
William H Peetz Trust and Peetz
Current Estimated Value
$3,416,092

Purchase Details

Listed on
Feb 7, 2021
Closed on
Jul 6, 2021
Sold by
Knipp Andrew and Knipp Alicia
Bought by
Investor Exchange Services Inc
Seller's Agent
Rick Elton
Arizona Best Real Estate
Buyer's Agent
Brian Kusmer
HomeSmart
List Price
$2,150,000
Sold Price
$2,000,000
Premium/Discount to List
-$150,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Mar 21, 2005
Sold by
Barlow Todd W and Barlow Angela K
Bought by
Knipp Andrew and Knipp Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2005
Sold by
Notte Robert N and Notte Norma M
Bought by
Barlow Todd W and Barlow Angela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
William H Peetz Trust -- None Listed On Document
Investor Exchange Services Inc $2,000,000 Lawyers Title Of Arizona Inc
Knipp Andrew $1,205,500 First American Title Ins Co
Barlow Todd W -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knipp Andrew $650,000
Previous Owner Barlow Todd W $1,000,000
Closed Barlow Todd W $455,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $2,000,000 -4.8% $277 / Sq Ft
05/14/2021 05/14/21 Price Changed $2,100,000 -2.3% $290 / Sq Ft
02/07/2021 02/07/21 For Sale $2,150,000 -- $297 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $7,008 $99,239 -- --
2024 $9,411 $94,513 -- --
2023 $9,411 $168,450 $33,690 $134,760
2022 $8,929 $127,950 $25,590 $102,360
2021 $8,887 $115,770 $23,150 $92,620
2020 $9,185 $115,270 $23,050 $92,220
2019 $8,842 $111,320 $22,260 $89,060
2018 $8,543 $105,520 $21,100 $84,420
2017 $8,156 $102,450 $20,490 $81,960
2016 $7,986 $97,860 $19,570 $78,290
2015 $7,573 $97,130 $19,420 $77,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6191242

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-23-008

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