NOT LISTED FOR SALE

Estimated Value: $1,661,000 - $1,714,000

4 Beds
4 Baths
4,405 Sq Ft
$381/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $1,660,000 $377 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,126/month

82 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Vaulted Ceiling
  • Madison Richard Simis School Rated A-
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of October 2024

Nestled in a prime location in the highly sought-after Madison Meadows, just off Central Ave and the Bridle Path, this French Mediterranean custom home exemplifies sophistication. Meticulously remodeled in 2008, it offers a seamless blend of luxury and comfort, presenting an opportunity to experience living in one of Phoenix's most desirable neighborhoods.

The opulent great room is perfect for entertaining, distinguished by a soaring ceiling, a wood burning fireplace, and a wet bar that creates an expansive and inviting atmosphere. Formal dining room off the kitchen features an elegant domed ceiling. Bright and airy family room with plantation shutters and soaring ceilings. The high-end kitchen boasts a breakfast nook, Viking appliances, and separate Sub-Zero freezer and refrigerator, making it a dream for culinary enthusiasts.

Retreat to the split master suite, where vaulted ceilings, a walk-in closet, a soaking tub, marble flooring, and a dual marble shower provide a luxurious spa-like experience. Open sitting room off the primary suite features a two-way wood burning fireplace.

Outside, the backyard features a large covered patio, grapefruit and orange trees, a lush lawn, and a refreshing diving pool, offering the perfect setting for relaxation and outdoor gatherings.

Additional highlights include dual-pane windows, beautiful floors, and a large 2-car garage with upgraded epoxy.

Located in the sweet spot of the North Central Corridor, you'll be just moments away from popular restaurants, boutiques, Uptown Plaza featuring AJ's Fine Foods, the Uptown Farmers Market, the Murphy Bridle Path, and the Phoenix Mountain Preserve. Enjoy the proximity of excellent public and private schools including All Saints, Brophy, and Xavier, making this residence the epitome of luxury living in the Valley. Don't miss the opportunity to make this stunning property your new home!

Last Listed By

Stephen Caniglia

Compass License #SA554647000 Listed on: 06/21/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,854

Year Built

  • Built in 1979

Lot Details

  • 0.34 Acre Lot
  • Private Streets
  • Block Wall Fence
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,405 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Two Way Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage
  • Playground

Schools

  • Madison Elementary School
  • Madison Rose Lane Middle School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet

Community Details

  • Association fees include ground maintenance
  • Madison Meadows Association
  • Madison Meadows Subdivision, Custom Floorplan

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160-40-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,854

Year Built

Built in 1979

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Cross Street: Central Avenue and Kaler Drive
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 22.92
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2008
  • Items Updated Floor Yr Updated: 2008
  • Items Updated Ht Cool Yr Updated: 2008
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2010
  • Items Updated Plmbg Yr Updated: 2008
  • Items Updated Pool Yr Updated: 2008
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2008
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2008
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2008
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Tax Year: 2023
  • Directions: North on Central Avenue. West on Kaler Drive to property.
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.34
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: MADISON MEADOWS
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 275.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Two Way Fireplace, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 4405.0
  • Stories: 1
  • Window Features: Dual Pane, Vinyl Frame
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Fireplace:Two Way Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Covered Patio(s), Playground, Patio, Private Street(s), Private Yard, Storage
  • Lot Features: Gravel/Stone Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Foam
  • Construction:Block: 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:Storage: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 6.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee: 275.0
  • Association Fee Frequency: Annually
  • Association Name: Madison Meadows
  • Phone: 602-997-6345
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 450.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Madison Meadows
  • Association Fees:HOA Telephone4: (602)997-6345
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Prepaid Association Fees HOA: 275.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Phone: lgallaspy@me.com
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Madison Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Rose Lane School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14601.0
  • Parcel #: 160-40-011
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 8854.0
  • Tax Book Number: 160.00
  • Tax Lot: 3
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Oct 19, 2024
Sold by
Wei Benjamin and Wei Esther P
Bought by
1031 Pros Titleholder 1265 Llc
Seller's Agent
Stephen Caniglia
Compass
Buyer's Agent
Becky Akromis
Compass
List Price
$1,850,000
Sold Price
$1,660,000
Premium/Discount to List
-$190,000
-10.27%
Total Days on Market
82
Views
31
Current Estimated Value
$1,677,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,100
Avg. Annual Appreciation
-0.60%

Purchase Details

Listed on
Nov 16, 2015
Closed on
Jun 29, 2016
Sold by
Pajic Nick D and Pajic Janina
Bought by
Wei Benjamin and Wei Esther P
Seller's Agent
Aimee Pajic
Realty ONE Group
Buyer's Agent
Scott Grigg
Griggs's Group Powered by The Altman Brothers
List Price
$990,000
Sold Price
$965,000
Premium/Discount to List
-$25,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$772,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 1996
Sold by
Pajic Janina
Bought by
Pajic Nick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,700
Interest Rate
8.07%

Range of Values:

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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
1031 Pros Titleholder 1265 Llc $1,660,000 Wfg National Title Insurance C
Wei Benjamin $965,000 Fidelity Natl Title Agency I
Pajic Nick D -- Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wei Benjamin $698,323
Previous Owner Wei Benjamin $772,000
Previous Owner Pajic Nick D $450,000
Previous Owner Pajic Nick D $350,000
Previous Owner Pajic Nick D $259,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $1,660,000 -5.1% $377 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
08/02/2024 08/02/24 Price Changed $1,749,000 -5.5% $397 / Sq Ft
06/21/2024 06/21/24 For Sale $1,850,000 +91.7% $420 / Sq Ft
06/30/2016 06/30/16 Sold $965,000 -2.4% $219 / Sq Ft
05/01/2016 05/01/16 Price Changed $989,000 -0.1% $225 / Sq Ft
04/30/2016 04/30/16 For Sale $990,000 +2.6% $225 / Sq Ft
04/07/2016 04/07/16 Off Market $965,000 -- --
03/21/2016 03/21/16 Price Changed $990,000 -0.5% $225 / Sq Ft
02/26/2016 02/26/16 Price Changed $995,000 -0.5% $226 / Sq Ft
02/23/2016 02/23/16 For Sale $999,500 0.0% $227 / Sq Ft
02/23/2016 02/23/16 Price Changed $999,500 +3.6% $227 / Sq Ft
02/11/2016 02/11/16 Off Market $965,000 -- --
01/25/2016 01/25/16 Price Changed $999,999 -4.3% $227 / Sq Ft
01/24/2016 01/24/16 Price Changed $1,045,000 -4.6% $237 / Sq Ft
12/11/2015 12/11/15 Price Changed $1,095,000 -2.7% $249 / Sq Ft
11/16/2015 11/16/15 For Sale $1,124,900 -- $255 / 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 $9,114 $78,214 -- --
2024 $8,854 $74,489 -- --
2023 $8,854 $102,620 $20,520 $82,100
2022 $8,572 $75,050 $15,010 $60,040
2021 $8,652 $70,200 $14,040 $56,160
2020 $8,508 $70,330 $14,060 $56,270
2019 $8,307 $64,670 $12,930 $51,740
2018 $8,088 $62,450 $12,490 $49,960
2017 $7,679 $65,200 $13,040 $52,160
2016 $7,394 $58,470 $11,690 $46,780
2015 $6,824 $56,080 $11,210 $44,870
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6722223

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-40-011