NOT LISTED FOR SALE

Estimated Value: $7,750,000 - $11,313,938

5 Beds
6 Baths
7,008 Sq Ft
$1,364/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $11,550,000 $1,648 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $54,925/month

25 Days on Market

Highlights

  • Heated Spa
  • City Lights View
  • Fireplace in Primary Bedroom
  • Kiva Elementary School Rated A
  • 1 Acre Lot
  • No HOA

About This Home

As of June 2023

Experience Stately Real Estate in the Heart of Paradise Valley, Arizona. This property is New Construction being pre-sold pre-completion and offers stunning views of Camelback Mountain.

Last Listed By

Joshua Peters

Engel & Voelkers Scottsdale Brokerage Phone: 480-788-7556 License #SA640957000 Listed on: 03/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,827

Year Built

  • Built in 2023

Lot Details

  • 1 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf

Parking

  • 4 Car Garage

Property Views

  • City Lights
  • Mountain

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,008 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Heated Pool

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Tinker Development
  • Club Estates 2 Subdivision

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 169-55-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,827

Year Built

Built in 2023

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Lincoln Drive & 60th St
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2023
  • Spa Private: Yes
  • Tax Year: 2022
  • Directions: From Lincoln, North on 60th St, West (Left) on Indian Bend Rd, North (Right) on 59th Place, then South (Left) to Cul-De-Sac to property.
  • Attribution Contact: 480-788-7556
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.0
  • Co List Office Mls Id: eavs002
  • Co List Office Phone: 602-610-3713
  • Subdivision Name: CLUB ESTATES 2
  • Property Attached Yn: No
  • Special Features: NewHome

Interior Features

  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 7008.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Synthetic Grass Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: 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: 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: 43561.0
  • Parcel #: 169-55-017
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Tinker Development

Tax Info

  • Tax Annual Amount: 5827.0
  • Tax Book Number: 169.00
  • Tax Lot: 49
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2023
Closed on
Jun 20, 2023
Sold by
Tinker Development Llc
Bought by
Paradise Valley Llc
Seller's Agent
Joshua Peters
Engel & Voelkers Scottsdale
Buyer's Agent
Johnathon De Young
Russ Lyon Sotheby's International Realty
List Price
$12,500,000
Sold Price
$11,550,000
Premium/Discount to List
-$950,000
-7.6%
Total Days on Market
25
Views
97
Current Estimated Value
$9,556,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,993,354
Avg. Annual Appreciation
-9.78%
Original Mortgage
$10,500,000
Outstanding Balance
$10,285,147
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
-$728,501

Purchase Details

Listed on
Mar 11, 2023
Closed on
Jun 1, 2023
Sold by
Tinker Erik
Bought by
Tinker Development Llc
Seller's Agent
Joshua Peters
Engel & Voelkers Scottsdale
Buyer's Agent
Johnathon De Young
Russ Lyon Sotheby's International Realty
List Price
$12,500,000
Sold Price
$11,550,000
Premium/Discount to List
-$950,000
-7.6%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,500,000
Outstanding Balance
$10,285,147
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
-$728,501

Purchase Details

Closed on
Nov 19, 2021
Sold by
Tinker Kirsten
Bought by
Tinker Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,950,732
Interest Rate
2.99%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 4, 2021
Sold by
Petracca Christa
Bought by
Tinker Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2019
Closed on
Jan 30, 2020
Sold by
Ianuzzi Nicholas
Bought by
Petracca Christa
Seller's Agent
Gregg Hayes
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Josh Peters
Realty ONE Group
List Price
$1,395,000
Sold Price
$1,150,000
Premium/Discount to List
-$245,000
-17.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.03%

Purchase Details

Listed on
Nov 21, 2019
Closed on
Jan 24, 2020
Sold by
Estate Of Mary Rose Ianuzzi
Bought by
Ianuzzi Nicholas L
Seller's Agent
Gregg Hayes
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Josh Peters
Realty ONE Group
List Price
$1,395,000
Sold Price
$1,150,000
Premium/Discount to List
-$245,000
-17.56%

Purchase Details

Closed on
Sep 24, 1999
Sold by
Ianuzzi Angelo J
Bought by
Ianuzz Mary Rose

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
Paradise Valley Llc $11,550,000 None Listed On Document
Tinker Development Llc -- --
Tinker Erik -- Premier Title Agency
Tinker Erik -- Empire Title Agency
Tinker Development Llc $2,000,000 Premier Title
Petracca Christa $1,150,000 Premier Title Agency
Ianuzzi Nicholas L -- None Available
Ianuzz Mary Rose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradise Valley Llc $10,500,000
Previous Owner Tinker Erik $440,000
Previous Owner Tinker Erik $480,000
Previous Owner Tinker Erik $3,950,732
Previous Owner Tinker Development Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $11,550,000 -7.6% $1,648 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/11/2023 03/11/23 For Sale $12,500,000 +987.0% $1,784 / Sq Ft
02/03/2020 02/03/20 Sold $1,150,000 -17.6% $437 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $1,395,000 -- $530 / 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 $19,019 $323,528 -- --
2024 $6,074 $308,122 -- --
2023 $6,074 $201,945 $201,945 $0
2022 $5,827 $154,365 $154,365 $0
2021 $6,194 $151,215 $151,215 $0
2020 $6,429 $85,750 $17,150 $68,600
2019 $6,350 $91,450 $18,290 $73,160
2018 $6,348 $99,180 $19,830 $79,350
2017 $6,075 $86,560 $17,310 $69,250
2016 $5,936 $82,020 $16,400 $65,620
2015 $5,911 $82,020 $16,400 $65,620
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6530571

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-55-017