NOT LISTED FOR SALE

Estimated Value: $4,871,245 - $5,754,000

3 Beds
4 Baths
4,183 Sq Ft
$1,243/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $4,600,000 $1,100 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $30,556/month

7 Days on Market

Highlights

  • Gated with Attendant
  • Heated Spa
  • Wood Flooring
  • Kiva Elementary School Rated A
  • Mountain View
  • Granite Countertops

About This Home

As of June 2022

New streamline contemporary home in Azure at the Ritz-Carlton * Situated on premium homesite with South facing backyard and Camelback Mountain views * Massive sliding glass walls integrate indoor/outdoor living * Designer kitchen boasts distinctive cabinets, waterfall kitchen island, matte splash, and Gaggenau appliances * All core rooms including primary bedroom and split guest suite are located on main level; Elevator leads to light filled basement with media room, additional guest suite, and storage/sauna room * Lush outdoor living features heated pool and spa with cascading water feature, fire-pit, built-in barbecue, sit-in bar, and infrared patio heaters *

Last Listed By

Will Foote

Russ Lyon Sotheby's International Realty License #SA561829000 Listed on: 04/28/2022

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,784

Year Built

  • Built in 2021

Lot Details

  • 0.25 Acre Lot
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $692 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 4,183 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • Mountain Views
  • Fire Sprinkler System
  • Finished Basement

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Heated Pool
  • Pool Pump

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Fire Pit

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 174-58-189

Community Details

Overview

  • Association fees include ground maintenance, front yard maint, trash
  • Aam Association, Phone Number (602) 957-9191
  • Built by Shea Homes of AZ
  • Ritz Carlton Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,784

Year Built

Built in 2021

Lot Details

0

HOA Fees

$692 per month

Parking

3

Listing Details

  • Cross Street: Scottsdale & Indian Bend
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 692.0
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2021
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: Cross Streets: Indian Bend and Scottsdale Road Directions:
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.25
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: RITZ-CARLTON
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 692.0
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Wood
  • Basement YN: Yes
  • Spa Features: Heated, Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Fire Pit, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Elevator, Fire Sprinklers, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 4183.0
  • Stories: 1
  • Window Features: Dual Pane, Low-E
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, Over Height Garage, Separate Strge Area, Tandem
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Natural Gas, ENERGY STAR Qualified Equipment
  • Security: Security Guard
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Guarded Entry
  • Amenities: Management
  • Association Fee: 692.0
  • Association Fee Frequency: Monthly
  • Association Name: 7000 E. Lincoln Res
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 7000 E. Lincoln Res
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:HOA Management Phone: 602-957-9191
  • Association Fees:Cap ImprovementImpact Fee 2: 1.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fees:PAD Fee2: 1848.0
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint, Trash

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10771.0
  • Parcel #: 174-58-189
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Shea Homes of AZ

Tax Info

  • Tax Annual Amount: 2784.0
  • Tax Book Number: 174.00
  • Tax Lot: 13
  • Tax Map Number: 58.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 15, 2022
Sold by
Lee Meyers Richard
Bought by
Steven J Hilton Family Trust
Seller's Agent
Will Foote
Russ Lyon Sotheby's International Realty
Buyer's Agent
Shari Hilton
Compass
List Price
$4,995,000
Sold Price
$4,600,000
Premium/Discount to List
-$395,000
-7.91%
Total Days on Market
7
Current Estimated Value
$5,200,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,748
Avg. Annual Appreciation
4.15%

Purchase Details

Listed on
Oct 26, 2021
Closed on
Oct 19, 2021
Sold by
Yorokobi Llc
Bought by
Meyers Richard Lee
Seller's Agent
Vincent Clark
VCRE
Buyer's Agent
Jay Pennypacker
The Noble Agency
List Price
$3,995,000
Sold Price
$3,995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.23%
Original Mortgage
$3,000,000
Interest Rate
2.1%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Feb 19, 2020
Sold by
Shea Homes Limited Partnership
Bought by
Yorokobi Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Steven J Hilton Family Trust $4,600,000 Grand Canyon Title
Meyers Richard Lee $3,995,000 Arizona Premier Title Llc
Yorokobi Llc $894,000 Fidelity Natl Ttl Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyers Richard Lee $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Sold $4,600,000 -7.9% $1,100 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $4,995,000 +25.0% $1,194 / Sq Ft
10/28/2021 10/28/21 Sold $3,995,000 0.0% $974 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $3,995,000 -- $974 / 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 $10,047 $174,535 -- --
2024 $9,796 $166,224 -- --
2023 $9,796 $300,850 $60,170 $240,680
2022 $9,351 $225,030 $45,000 $180,030
2021 $2,784 $92,775 $92,775 $0
2020 $2,660 $54,540 $54,540 $0
2019 $2,572 $53,565 $53,565 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in the area

  • 7014 E Palo Verde Ln, Paradise Valley, AZ 85253

    $4,500,000

    • 5 Beds
    • 4 Baths
    • 6,046 Sq Ft
    • 7014 E Palo Verde Ln
    • Paradise Valley, AZ

    Welcome to 7014 E Palo Verde Ln! This exceptional property is located in the heart of Paradise Valley - a picturesque town known for its beauty, tranquility, and relaxed lifestyle. The single-story property has been renovated and offers over 6,046 sqft of inspired living space on .855 acres of land. The charming modern ranch-style home is adorned with exterior brick, black board and batten

    Cariste Harlan W and Partners, LLC

    Section Image
  • 4949 E Lincoln Dr Unit 32, Paradise Valley, AZ 85253

    $4,200,000

    • 3 Beds
    • 3.5 Baths
    • 4,268 Sq Ft
    • 4949 E Lincoln Dr
    • Unit 32
    • Paradise Valley, AZ

    Live like you are on vacation 24/7 in this luxurious INTERIOR positioned Villa with STUNNING views of Camelback Mountain. **This is a quiet interior unit on the (premium) south end of the development and DOES NOT side Lincoln or Tatum Blvd**Located near the base of Camelback Mountain in the heart of The Town of Paradise Valley, you will discover exclusive resort-style living with this rare

    Eric Heil Berkshire Hathaway HomeServices Arizona Properties

    Section Image
  • 6718 E Caron Dr, Paradise Valley, AZ 85253

    $4,850,000

    • 6 Beds
    • 6 Baths
    • 6,117 Sq Ft
    • 6718 E Caron Dr
    • Paradise Valley, AZ

    Absolutely stunning updated property showcasing endless on-trend features and an incredible resort-style backyard. Situated on a premium 1.4-acre corner lot, this single-level home boasts a governor's drive and lush landscaping that offers exceptional curb appeal. The unmatched backyard oasis includes an extended covered patio with ceiling fans, a sparkling pool and spa with outdoor shower,

    Jeffrey Sibbach eXp Realty

    Section Image
  • 6129 E Turquoise Ave, Paradise Valley, AZ 85253

    $4,700,000

    • 4 Beds
    • 5 Baths
    • 5,100 Sq Ft
    • 6129 E Turquoise Ave
    • Paradise Valley, AZ

    Modern one story soft contemporary. Entering the home enjoy an airy feel with high ceilings and views of the beautiful backyard. Open kitchen with top of the line Thermador appliances, two dishwashers, double ovens and wine refrigerator. Four bedroom, split setup features separate sitting area for guest wing. Large master suite. Backyard oasis has numerous palm trees, beautiful pool and

    Tom Bodmer HomeSmart

    Section Image
  • 6862 E Joshua Tree Ln, Scottsdale, AZ 85253

    $5,950,000

    • 5 Beds
    • 7 Baths
    • 6,402 Sq Ft
    • 6862 E Joshua Tree Ln
    • Scottsdale, AZ

    Luxury living set in the quiet Azure Paradise Valley gated community. Blending modern and transitional architecture, this 2-story home features wood flooring and multiple windows and sliders providing natural lighting throughout each space. Chef's kitchen includes high end appliances, oversized island, multiple ovens, wine storage, and pantry. Primary suite with private access to the backyard and

    Katrina Barrett Walt Danley Local Luxury Christie's International Real Estate

    Section Image
  • 6850 E Joshua Tree Ln, Paradise Valley, AZ 85253

    $6,250,000

    • 4 Beds
    • 7 Baths
    • 5,988 Sq Ft
    • 6850 E Joshua Tree Ln
    • Paradise Valley, AZ

    This is a phenomenal opportunity in the highly sought after Azure community in the heart of Paradise Valley. The oversized corner homesite is absolutely spectacular with fresh contemporary design and state of the art custom finishes. The gourmet kitchen is outfitted with Gaggenau appliances, inductions and gas cooktops, wine tower, steam oven and warming drawers. The living spaces are super

    Robert Joffe Compass

    Section Image
  • 6821 E Cactus Wren Rd, Paradise Valley, AZ 85253

    $5,995,000

    • 4 Beds
    • 6 Baths
    • 5,738 Sq Ft
    • 6821 E Cactus Wren Rd
    • Paradise Valley, AZ

    MASSIVE PRICE DROP! Never lived in, NEW CONSTRUCTION at AZURE. Residence 4 with a DETACHED CASITA & an OVERSIZED, 26' wide WALK-OUT LOWER LEVEL, the largest in the community, putting an exclamation point on the MULTIPLE OUTDOOR ENTERTAINMENT spaces. This PREMIUM LOT LOCATION is one of the largest in Azure giving you phenomenal UNOBSTRUCTED VIEWS of MUMMY AND CAMELBACK MOUNTAINS! Interiors have

    Vincent Clark VCRE

    Section Image
  • 6921 N Joshua Tree Ln, Paradise Valley, AZ 85253

    $5,250,000

    • 4 Beds
    • 5 Baths
    • 4,927 Sq Ft
    • 6921 N Joshua Tree Ln
    • Paradise Valley, AZ

    Experience luxury living in this brand-new contemporary home in Azure. Designed with expansive open spaces, stacking door systems, and rich hardwood flooring, this home seamlessly blends indoor and outdoor living. The gourmet kitchen features premium Gaggenau appliances, a large island, loads of storage and gas cooking, perfect for culinary enthusiasts. Primary suite is large, with stacking doors

    Joe Bushong Russ Lyon Sotheby's International Realty

    Section Image
  • 6940 E Indian Bend Rd, Paradise Valley, AZ 85253

    $5,900,000

    • 7 Beds
    • 7.5 Baths
    • 6,655 Sq Ft
    • 6940 E Indian Bend Rd
    • Paradise Valley, AZ

    Privately gated generational resort home directly opposite the prestigious new Ritz-Carlton & Palmeraie shopping and dining district, but with all the reasons people are flocking to Paradise Valley from all over the globe: Spacious acreage with custom distinctive architecture, assuring privacy and differentiation from neighboring parcels. Adding to this true walkability to the finest shopping

    Denise van den Bossche Realty Executives

    Section Image

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6390815

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-58-189