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4822 East Palomino Road

4822 East Palomino Road, Phoenix, AZ 85018
Sold Feb 18, 2020
$2,950,000
$2,210,000 by Guaranteed Rate Affinity Llc
Mortgage Due Dec 01, 2050
4822 East Palomino Road in Phoenix, AZ was first built in 2019 and is 5 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 4822 East Palomino Road has 4,985 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 40,631 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of asphalt and ply sheets in a built-up roof style. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4822 East Palomino Road sold most recently in Feb 12, 2020 for a total of $2,950,000. If you work out the math, that's approximately a cost of $591.78 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,837 in taxes each year. 4822 East Palomino Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $283,970. If we break it down further, the land itself was valued at $56,790. Improvements to the property, however, were assessed at a total of $227,180. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Stone Exterior
Stucco Exterior

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 17
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 40,631
  • Total Building Area: 4,985
  • Gross Building Area: 4,985
  • Building Area: 4,985
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,985
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMELBACK MOUNTAIN ESTATES PLAT 1
  • Land Acres: 0.933
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAMELBACK MOUNTAIN ESTATES PLAT 1 MCR 52/04

Ownership

  • Current Owner : SCHMALTZ NICHOLAS
  • Previous Owner : CAMELHILL I LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 107900

Zoning

  • Zoning: RE35

Geography

  • Assessors Map Reference: MB 5204
  • Parcel: 172-19-013-A
  • Lot: 13
  • Meridian: SEC 17 TWN 2N RNG 4E
  • Municipality: PHOENIX
  • Latitude: 33.511
  • Longitude: -111.977

    Address

  • Full Address: 4822 E Palomino Rd
  • Address - House Number: 4822
  • Street Direction: E
  • Address - Street Name: Palomino
  • Address - Suffix Type: Rd
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C041
  • 4-Digit Zip Code: 1845
  • Zip Code: 85018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,837
  • Tax Rate Code Area: 481300

    Appraisal Valuation

  • Standard Deviation: 0.2987
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 40
  • Final Value: 4,123,334
  • High Value: 5,355,099
  • Low Value: 2,891,568

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,210,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Nov 10, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,210,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $2,839,700
  • Market Land Value: $567,900
  • Market Improvement Value: $2,271,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,970
  • Assessed Land Value: $56,790
  • Assessed Improvements Value: $227,180

    Sales

  • Current Sale Contract Date: Feb 12, 2020
  • Current Sale Recording Date: Feb 18, 2020
  • Current Sale Transaction ID: 11730534930
  • Current Sale Price: $2,950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200136018

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Feb 18, 2020
  • First Mortgage Loan Amount: $2,212,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 4822 East Palomino Road located in?
The 4822 East Palomino Road is a house located in the neighborhood of Camelback Mountain Estates in Camelback East, Phoenix.
What is the average sales price for listings in 4822 East Palomino Road?
The average sales price for units in 4822 East Palomino Road is $0 currently.

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