Seller's Agent in 2024
Gabriel Petratis
RE/MAX
(480) 869-4910
16 in this area
89 Total Sales
4715 N Dromedary Rd Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated Value: $8,187,041
5
Beds
4.5
Baths
6,096
Sq Ft
$1,343/Sq Ft
Est. Value
Highlights
- Guest House
- Heated Spa
- Mountain View
- Hopi Elementary School Rated A
- 0.61 Acre Lot
- Two Way Fireplace
About This Home
As of December 2024A rare opportunity to own this one-of-a-kind Arcadia estate with breathtaking views of Camelback Mountain. Located just minutes from five star resorts like the Global Ambassador, and premiere shopping, dining, golfing, spas, & multiple hiking destinations. Brought to life by a dream team of renowned professionals including PHX Architecture, Marc Development, Jaimee Rose Interiors, Tiara Sun, & Refined Gardens, this custom masterpiece showcases an unmatched attention to detail. Reimagined in 2024 by the highly esteemed Modern Nest design team, this home exudes warmth & timeless elegance throughout. With a detached casita, resort-like private backyard with lush landscaping, heated spa & saltwater pool, sauna & cold plunge, the lifestyle this home allows is as rare as the home itself.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,334
Year Built
- Built in 2019
Lot Details
- 0.61 Acre Lot
- Wrought Iron Fence
- Block Wall Fence
- Front and Back Yard Sprinklers
- Grass Covered Lot
Parking
- 3 Car Garage
- Garage Door Opener
Home Design
- Designed by PHX Architecture Architects
- Brick Exterior Construction
- Wood Frame Construction
- Spray Foam Insulation
- Metal Roof
- Stucco
Interior Spaces
- 6,096 Sq Ft Home
- 2-Story Property
- Wet Bar
- Vaulted Ceiling
- 2 Fireplaces
- Two Way Fireplace
- Gas Fireplace
- Double Pane Windows
- Mountain Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Microwave
- Kitchen Island
Flooring
- Floors Updated in 2024
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Primary Bathroom is a Full Bathroom
- 4.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bidet
- Bathtub With Separate Shower Stall
Home Security
- Security System Owned
- Fire Sprinkler System
Pool
- Pool Updated in 2024
- Heated Spa
- Heated Pool
Outdoor Features
- Balcony
- Covered patio or porch
- Fire Pit
- Built-In Barbecue
Additional Homes
- Guest House
Schools
- Hopi Elementary School
- Desert Canyon Middle School
Utilities
- Refrigerated Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by Marc Development
- Arcadia Subdivision
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 172-20-034-B
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 17, 2024
Closed on
Dec 16, 2024
Sold by
5113 Wilkinson Investments Llc
Bought by
Otp-Dromedary Estate Llc
Seller's Agent
Gabriel Petratis
RE/MAX Fine Properties
Buyer's Agent
Gabriel Petratis
RE/MAX Fine Properties
List Price
$8,500,000
Sold Price
$8,250,000
Premium/Discount to List
-$250,000
-2.94%
Total Days on Market
0
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,959
Avg. Annual Appreciation
-3.99%
Original Mortgage
$2,000,000
Outstanding Balance
$1,998,268
Interest Rate
6.72%
Estimated Equity
$6,134,945
Purchase Details
Listed on
Mar 2, 2023
Closed on
Mar 17, 2023
Sold by
Modano Mike and Modano Allison
Bought by
5113 Wilkinson Investments Llc
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Gabriel Petratis
RE/MAX Fine Properties
List Price
$7,395,000
Sold Price
$7,000,000
Premium/Discount to List
-$395,000
-5.34%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Purchase Details
Listed on
Dec 7, 2019
Closed on
Jul 9, 2020
Sold by
Ryanne Michale Enterprise Llc
Bought by
Modano Mike and Modano Allison
Seller's Agent
Robin Orscheln
Compass
Buyer's Agent
Robert Joffe
Compass
List Price
$4,750,000
Sold Price
$4,181,000
Premium/Discount to List
-$569,000
-11.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.20%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Otp-Dromedary Estate Llc | $8,250,000 | Arizona Brokers Title | |
| 5113 Wilkinson Investments Llc | $7,000,000 | Wfg National Title Insurance C | |
| Modano Mike | $4,181,000 | Wfg National Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Otp-Dromedary Estate Llc | $2,000,000 | |
| Open | Otp-Dromedary Estate Llc | $4,000,000 | |
| Previous Owner | Modano Mike | $2,926,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2024 12/17/24 | Sold | $8,250,000 | -2.9% | $1,353 / Sq Ft |
| 12/17/2024 12/17/24 | Pending | -- | -- | -- |
| 12/17/2024 12/17/24 | For Sale | $8,500,000 | +21.4% | $1,394 / Sq Ft |
| 03/17/2023 03/17/23 | Sold | $7,000,000 | -5.3% | $1,148 / Sq Ft |
| 02/18/2023 02/18/23 | Pending | -- | -- | -- |
| 02/13/2023 02/13/23 | For Sale | $7,395,000 | +76.9% | $1,213 / Sq Ft |
| 07/13/2020 07/13/20 | Sold | $4,181,000 | -8.9% | $623 / Sq Ft |
| 06/06/2020 06/06/20 | Price Changed | $4,590,000 | -3.4% | $684 / Sq Ft |
| 12/07/2019 12/07/19 | For Sale | $4,750,000 | +331.8% | $708 / Sq Ft |
| 03/06/2018 03/06/18 | Sold | $1,100,000 | -8.3% | $322 / Sq Ft |
| 11/25/2017 11/25/17 | Pending | -- | -- | -- |
| 08/26/2017 08/26/17 | For Sale | $1,200,000 | +9.1% | $351 / Sq Ft |
| 08/24/2017 08/24/17 | Off Market | $1,100,000 | -- | -- |
| 07/25/2017 07/25/17 | Price Changed | $1,200,000 | -7.6% | $351 / Sq Ft |
| 07/14/2017 07/14/17 | For Sale | $1,299,000 | 0.0% | $380 / Sq Ft |
| 07/14/2017 07/14/17 | Price Changed | $1,299,000 | 0.0% | $380 / Sq Ft |
| 04/21/2017 04/21/17 | Price Changed | $1,299,000 | -5.5% | $380 / Sq Ft |
| 03/28/2017 03/28/17 | For Sale | $1,375,000 | -- | $402 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $17,334 | $228,177 | -- | -- |
| 2024 | $16,973 | $217,311 | -- | -- |
| 2023 | $16,973 | $349,120 | $69,820 | $279,300 |
| 2022 | $16,255 | $273,870 | $54,770 | $219,100 |
| 2021 | $16,869 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gabriel Petratis
-
Robert Joffe
Seller's Agent in 2023
Robert Joffe
Compass
(602) 989-8300
170 in this area
269 Total Sales
-
Jonah Joffe
Seller Co-Listing Agent in 2023
Jonah Joffe
Compass
(602) 626-0775
128 in this area
172 Total Sales
-
Mary Ann Petratis
Buyer Co-Listing Agent in 2023
Mary Ann Petratis
RE/MAX
(480) 392-8363
5 in this area
76 Total Sales
-
Robin Orscheln
Seller's Agent in 2020
Robin Orscheln
Compass
(602) 380-8735
81 in this area
202 Total Sales
-
Brian North
Seller Co-Listing Agent in 2020
Brian North
Compass
(480) 250-6687
57 in this area
141 Total Sales
Map
Similar Homes in Phoenix, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6795298
APN: 172-20-034B
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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