$2,250,000 Price Analysis    ♡   Phoenix, AZ 85012 6 bed 5 bath 4,741 SqFt ($474/SqFt) 0.33 acre lot. Built 1939 Listed 2024-02-08, Taxes $3,129 | Ⓧ USDA Ineligible due to price & location near Phoenix |
HISTORIC TROPHY PROPERTY-Art Deco Opulence Meets Historic Real Estate Elegance.
* No Longer For Sale *
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Purists and Non-purist alike will fall in love with this elegant, pristine, two story, historic, Spanish Colonial Revival estate with an international style built on a double lot for a family with eight children. Known as the '' Lutfy residence'' and considered a ''castle'' when built, this estate is an emblem of the Windsor Square Historic District, is on the National Register of Historic Places and is one of the most famous historic estates in AZ. The spectacular condition, craftsmanship, amenities and rich history of the Lutfy home is sure to entice. Owned by the same family since it was built in 1939 and painstakingly preserved/restored, this estate still has the original footprint. Other original items include: light fixtures, plumbing fixtures, white oak floors, doors, windows, wood beamed ceilings, Art Deco tile work, Art Deco terrazzo cement floors, stamped concrete floors, handcrafted stacked spiral metal banisters, appliances, cabinets, curtains, door and window hardware and the door bell chime. You will immediately be transported back in time to a gentler era when stepping into this estate. The pastel pink kitchen was remodeled in the 1950s and has Art Deco curved cabinets (which were built in part to accommodate a vision impaired child), a milk door w orig dial and baking station with inlaid pink marble. The 1950s appliances (stove, freezer, stove-top, meat grinder) are still functional and are reminders of the quality and craftsmanship of products made during this time. In addition to the immaculate kitchen, the main floor includes a living room, dining room, breakfast room w built-in cabinetry for silverware, laundry room w built-in laundry shoot and a bedroom with ensuite bath.
Upstairs, there are four bedrooms (including the master) and two large bathrooms. Downstairs, there is a vast basement that is nearly the same size as the main floor. Most of the basement is finished (695 SF) and has a wood beamed ceiling, cozy fireplace with elegant plaster surround and stamped concrete floors. Options for this basement are plentiful. the finished portion can be used as a speakeasy, theater room, master, office or playroom. The unfinished portion, which is currently used as a wood shop/workroom/storge room, can easily be finished and converted into usable space, leaving room for your creativity and imagination. The lush front yard, which is flood irrigated, has a variety of fruit and nut trees. The backyard is an entertainer's dream and includes a charming, covered courtyard (formerly an AZ room) with restored cement terrazzo floors, a grass area and an extensive outdoor kitchen with a woo d burning oven, 4 gas burners, a large, wood burning barbecue and serving area with caddies for food and beverages. An attached guest room/maid's quarter with a full bath (193 SF) rounds out the property. As the new owner of this estate, you will create a lasting legacy for your family and will be permanently tied to the history of Arizona. This estate gained admission to the National Register of Historic Places in 1996. Homes are placed on the National Register because of their historical significance or the property's fantastic artistic value. According to Roger Brevoort, a local historian, this estate is among the best examples of International style residential architecture in Phx. Properties placed on the National Register are protected from demolition or other adverse alterations through a special review process. They are also eligible to receive city incentives to assist w rehabilitation: 1. 35-45% reduction in real property taxes. The 2023 taxes for Lutfy Residence were $3, 295. 2. 20% rehabilitation tax credit on federal income income taxes for certified historic building rehabilitation projects. See Document tabs- City of Phx Historic Properties FAQ and Tax Incentives for Historic Properties. The Extensive History of this Property is in the Document
Presented by Ellen Lindzon at
R.O.I. Properties.
Property MLS #6660295 from ArizonaRegionalMLS
Basement Features: Finished, Partial
Basement Description: Finished, Partial
Full Bathrooms: 5
Roller Shields
Pantry
3/4 Bath Master Bdrm
Flooring: Carpet, Laminate, Tile, Wood
Fireplace Features: 1 Fireplace
Heating Features: Natural Gas
Number of Fireplaces: 1
Covered Patio(s)
Gazebo/Ramada
Patio
Storage
Built-in Barbecue
Fencing: Block
Other Structures: Guest House
Garage Spaces: 2
Lot Size Acres: 0.33
Lot Size Square Feet: 14549
Association Fee Includes: No Fees
Calculated Total Monthly Association Fees: 0
High School: Central High School
Middle School: Madison Meadows School
School District: Phoenix Union High School District
Map directions Map directions Map directionsSource Listing Status: Closed
County: Maricopa
Directions: CAMELBACK TO 2ND ST--NORTH ON 2ND TO HOME ON CORNER
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: WINDSOR SQUARE BLK 7 LOTS 27 UP, BLK 8 LOTS 16-28
Ownership Type: Fee Simple
Parcel Number: 162-20-064
Subdivision: WINDSOR SQUARE BLK 7 LOTS 27 UP, BLK 8 LOTS 16-28
Property Subtype: Single Family - Detached
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $25,970 + $6,490 $32,460 | $3,129 |
| 2020 | $24,205 + $6,050 $30,255 | $3,070 |
| 2019 | $22,245 + $5,560 $27,805 | $3,007 |
| 2018 | $22,430 + $5,605 $28,035 | $2,935 |
| 2017 | $21,515 + $5,375 $26,890 | $2,803 |
| 2016 | $22,845 + $5,710 $28,555 | $3,980 |
| 2015 | $22,210 + $5,550 $27,760 | $3,649 |
| 2014 | $17,710 + $4,425 $22,135 | $3,358 |
| 2013 | $16,295 + $4,070 $20,365 | $3,096 |
$2,051,175
ArizonaRegionalMLS
Price Changed 2024-02-26
$2,250,000
ArizonaRegionalMLS
Listed 2024-02-08
$2,350,500
ArizonaRegionalMLS
Listing removed 2021-09-03
$0
ArizonaRegionalMLS
Price Changed 2021-08-10
$1,650,000
ArizonaRegionalMLS
Price Changed 2021-07-29
$1,800,000
ArizonaRegionalMLS
Listed 2021-07-27
$2,000,000
ArizonaRegionalMLS
Sold 2011-06-10
$372,000
Public Record
Year Built: 1939
Building Area Source: Appraiser
Building Exterior Type: Painted, Adobe
Construction Materials: Painted, Adobe
Property Age: 85
Roof: Built-Up
Levels or Stories: 2
Building Total Stories: 2
Water Source: City Water
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.