NOT LISTED FOR SALE

Estimated Value: $3,841,000 - $4,237,306

3 Beds
4 Baths
5,434 Sq Ft
$733/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,650,000 $304 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $23,021/month

About This Home

As of February 2021

12-Month RENTAL in GUARD GATED CLEARWATER HILLS. 3 Bedrooms / 3.5 Baths + Office with Spa and BBQ Entertainment Area overlooking Camelback Mountain. Furnishings are new and added to home in January. Spa has never been used and is maintained monthly with professional spa services by Imagine Backyard in Scottsdale. Available Feb 1 or sooner. 12-Months Preferred, 6-Mon Min. This Clearwater Hills home, originally designed by famed architect Gerry Jones noted for his hillside homes, is located in the 24-hour guard gated community of Clearwater Hills, in Paradise Valley, Arizona. This desert modern masterpiece is detailed with native rock accents that were hand-picked by the original owner from within Clearwater Hills and the surrounding areas. Many original details have been preserved in this one-of-a-kind home as they were carefully curated by the owner such as the enormous, vaulted beams relocated from a train trestle bridge located in Kearney, AZ circa 1900.

CAMELBACK MOUNTAIN VIEWS + RENOVATED (2022) GERRY JONES DESIGNED (1986) DESERT MODERN HILLSIDE HOME.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
Bayside Ventures Llc
Bought by
Thomas G Asimou Trust and Asimou
Current Estimated Value
$3,982,077

Purchase Details

Closed on
Jul 26, 2021
Sold by
Bv Holdings Llc
Bought by
Bayside Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
2.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2021
Sold by
Nacf I Holdings Llc
Bought by
Bv Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
2.96%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 5, 2021
Closed on
Feb 25, 2021
Sold by
Smith Milton P and M P Smith Trust
Bought by
Nacf I Holdings Llc
Seller's Agent
Babbi Gabel
Compass
Buyer's Agent
Cindy Smith
Realty ONE Group
List Price
$1,600,000
Sold Price
$1,650,000
Premium/Discount to List
$50,000
3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.65%
Original Mortgage
$1,625,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2003
Sold by
Smith Milton P
Bought by
Smith Milton P and M P Smith Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,800
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2001
Sold by
Smith Milton P
Bought by
Smith Milton P and M P Smith Trust

Purchase Details

Closed on
Nov 7, 2001
Sold by
Smith Margo
Bought by
Smith Milton P

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
Thomas G Asimou Trust $3,795,000 Landmark Title
Bayside Ventures Llc -- None Available
Bv Holdings Llc -- None Available
Nacf I Holdings Llc $1,650,000 Wfg National Title Ins Co
Smith Milton P -- Transnation Title Insurance
Smith Milton P -- Transnation Title Insurance
Smith Milton P -- Transnation Title Insurance
Smith Milton P -- Chicago Title Insurance Co
Smith Milton P -- Chicago Title Insurance Co
Smith Milton P -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bayside Ventures Llc $1,625,000
Previous Owner Nacf I Holdings Llc $1,625,000
Previous Owner Smith Milton P $500,000
Previous Owner Smith Milton P $1,050,000
Previous Owner Smith Milton P $1,000,000
Previous Owner Smith Milton P $483,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Rented $15,000 0.0% --
03/04/2023 03/04/23 Under Contract -- -- --
12/23/2022 12/23/22 For Rent $15,000 0.0% --
02/26/2021 02/26/21 Sold $1,650,000 +3.1% $304 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $1,600,000 -- $294 / 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 $9,542 $145,769 -- --
2024 $8,085 $138,828 -- --
2023 $8,085 $192,660 $38,530 $154,130
2022 $8,670 $153,110 $30,620 $122,490
2021 $9,269 $138,280 $27,650 $110,630
2020 $8,827 $151,000 $30,200 $120,800
2019 $8,361 $125,250 $25,050 $100,200
2018 $8,691 $117,880 $23,570 $94,310
2017 $8,015 $115,070 $23,010 $92,060
2016 $7,642 $118,320 $23,660 $94,660
2015 $7,570 $118,320 $23,660 $94,660
Source: Public Records

Agents Affiliated with this Home

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