NOT LISTED FOR SALE

Estimated Value: $2,622,452

5 Beds
4 Baths
4,214 Sq Ft
$622/Sq Ft Est. Value

Last Sold November 19, 2024

Last sale price $2,580,000 $612 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $15,270/month

44 Days on Market

Highlights

  • Lap Pool
  • RV Gated
  • Mountain View
  • Hopi Elementary School Rated A
  • 0.5 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of November 2024

**BACK ON THE MARKET**Nestled in a serene cul-de-sac, this exceptional home offers complete privacy with both front and back yards. Enjoy breathtaking views of Camelback Mountain from this elegantly rebuilt residence, which was meticulously renovated in 2002. Recent upgrades include two new AC units, two new water heaters, and a brand-new roof, ensuring modern comfort and efficiency.
This luxury home is ideally situated close to the vibrant neighborhoods of Arcadia, Paradise Valley, and Biltmore, as well as the renowned Global Ambassador Hotel, AJ's Fine Foods, and Camelback East Village. Additionally, Phoenix Country Day School is just a short walk away, making this an ideal location for both convenience and exclusivity.

Last Listed By

Lynn Riley

West USA Realty License #SA696007000 Listed on: 08/27/2024

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,435

Year Built

  • Built in 2002

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Gated

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,214 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Two Way Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Lap Pool
  • Play Pool
  • Diving Board

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Gazebo
  • Playground

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Cooling System Updated in 2023
  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Short Hills Subdivision

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 171-07-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,435

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 40th Street & Camelback Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2018
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2023
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2018
  • Items Updated Pool Yr Updated: 2018
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2023
  • Directions: From Camelback, north on 40th St, right on Rancho Dr, which turns into Solano Dr to property on the right
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.5
  • Subdivision Name: Short Hills
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Other (See Remarks), 3+ Fireplace, Two Way Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 4214.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Fireplace:Other (See Remarks)14: Yes
  • Fireplace:Two Way Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground, Gazebo/Ramada, Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Diving Pool, Lap, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, None, Seller Discl Avail
  • Construction Type: Stucco, Stone, Frame - Wood
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, RV Gate, Side Vehicle Entry, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • 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: Hopi Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21712.0
  • Parcel #: 171-07-057
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 7435.0
  • Tax Book Number: 171.00
  • Tax Lot: 56
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Nov 14, 2024
Sold by
Riley Family Trust and Riley James E
Bought by
Guruswamy Vivek and Guruswamy Sarah Jane
Seller's Agent
Lynn Riley
West USA Realty
Buyer's Agent
Susan Harris
Russ Lyon Sotheby's International Realty
List Price
$2,885,000
Sold Price
$2,580,000
Premium/Discount to List
-$305,000
-10.57%
Total Days on Market
44
Views
50
Current Estimated Value
$2,622,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,452
Avg. Annual Appreciation
-1.75%
Original Mortgage
$2,064,000
Outstanding Balance
$2,059,974
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$500,526

Purchase Details

Closed on
Apr 4, 2023
Sold by
Riley Lynn T and Riley James
Bought by
Riley Family Trust

Purchase Details

Closed on
Jun 22, 2021
Sold by
Riley Lynn T and Riley James
Bought by
Riley Lynn T and Riley James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,950
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2013
Closed on
Jul 26, 2013
Sold by
Lee Lynn T
Bought by
Lee Lynn T and Riley James
Seller's Agent
Steve Oliverio
HomeSmart
Buyer's Agent
Robert Joffe
Compass
List Price
$1,075,000
Sold Price
$1,031,000
Premium/Discount to List
-$44,000
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$631,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2013
Closed on
Jul 22, 2013
Sold by
Wolfe James D and Wolfe Meganne
Bought by
Lee Lynn T
Seller's Agent
Steve Oliverio
HomeSmart
Buyer's Agent
Robert Joffe
Compass
List Price
$1,075,000
Sold Price
$1,031,000
Premium/Discount to List
-$44,000
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2004
Sold by
Katzin Christa U
Bought by
Wolfe James D and Wolfe Meganne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2001
Sold by
Katzin David
Bought by
Katzin Christa U

Purchase Details

Closed on
Feb 3, 1994
Sold by
Sherriffs
Bought by
Sherriffs Bonita

Range of Values:

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Average Value
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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
Guruswamy Vivek $2,580,000 Lawyers Title Of Arizona
Riley Family Trust -- --
Riley Lynn T -- Accommodation
Lee Lynn T -- Accommodation
Lee Lynn T $1,028,800 Old Republic Title Agency
Wolfe James D $955,000 Capital Title Agency Inc
Katzin Christa U -- American Title Insurance
Katzin Christa U $364,000 American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guruswamy Vivek $2,064,000
Previous Owner Riley Family Trust $500,000
Previous Owner Riley Lynn T $537,950
Previous Owner Lee Lynn T $200,000
Previous Owner Lee Lynn T $631,000
Previous Owner Wolfe James D $135,000
Closed Wolfe James D $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2024 11/19/24 Sold $2,580,000 -2.6% $612 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
09/13/2024 09/13/24 Price Changed $2,650,000 -8.1% $629 / Sq Ft
08/28/2024 08/28/24 For Sale $2,885,000 +179.8% $685 / Sq Ft
07/30/2013 07/30/13 Sold $1,031,000 -4.1% $243 / Sq Ft
04/23/2013 04/23/13 For Sale $1,075,000 -- $254 / 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 $7,599 $104,322 -- --
2024 $7,435 $99,355 -- --
2023 $7,435 $141,880 $28,370 $113,510
2022 $7,106 $108,930 $21,780 $87,150
2021 $7,387 $103,280 $20,650 $82,630
2020 $7,269 $96,000 $19,200 $76,800
2019 $6,974 $97,710 $19,540 $78,170
2018 $6,684 $91,920 $18,380 $73,540
2017 $6,398 $92,580 $18,510 $74,070
2016 $6,218 $83,680 $16,730 $66,950
2015 $5,650 $83,370 $16,670 $66,700
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6748499

Arizona Regional Multiple Listing Service (ARMLS)

APN: 171-07-057