Price Improvement of the Month
January 2010
PREVIOUSLY UNDER CONTRACT FOR $3.2 MILLION—NOW AVAILABLE 10220 N. Palisades Blvd. | FireRock 6381 Sq. Ft. | 4 Bed | 4.5 Bath | $2,599,000
A COLLECTION OF NEWLY LISTED PROPERTIES AND RECENT SALES IN
SELLER STRATEGIES FOR 2010
Did you know that 2009 ended as the third highest year for home resales in the history of our market? Only behind the record years of 2004 and 2005, this past year, while many may have considered to be dismal, in reality was actually a “boom year” for real estate sales. The lower-end marketplace had robust sales, multiple offers, closings ABOVE list price and now there is a trend of steady price appreciation. The luxury market is lagging. Predications are that we may see further price declines in luxury for some properties. The outstanding properties ARE selling as they are priced so much less than replacement value that buyers recognize the value. My sellers are receiving more showings for their listings than we have seen in several years. Contracts are being written and buyer interest is very high. It is critical for luxury sellers to properly position their homes in the competitive market. I will strive to preserve your home’s value and increase your home’s ability to sell. Should you be planning a new purchase the chances are we can regain lost equity with a properly negotiated new purchase. Call me today. Let’s see how I can assist you and make your next real estate transaction the best you’ve ever encountered.
Featured Property
15333 E. FireRock Country Club Dr. #3 1.52 Acres | City Lights | Mountain Views • $499,000 Compelling city light and sweeping mountain views set the stage for your imagination on this prime 1.52-acre lot. A generous 31,608 foot disturbance is an added asset to this view-laden parcel. Envision living and escaping the everyday routine in FireRock Country Club, one of the Valley’s most highly sought-after communities. Live a life of luxury in your own backyard. Play golf everyday. Take advantage of the private country club amenities and activities. Make new and everlasting friends. The timing is perfect to own YOUR piece of paradise in FireRock!
SUSAN PELLEGRINI 480.287.5200 Office 480.315.1575 Mobile 877.276.1071 Toll Free Susan@Pellegrini.com
WWW.PELLEGRINI.COM
Address Subdivision Lot Size or Sq.Ft./Bed/Bath ACTIVE LISTINGS 10920 N. Crestview Dr. #68 Crestview 1.78 Acres 14245 E. Zorra Way #110 Eagles Nest 1.02 Acres 14234 E. White Wing Ct. #88 Eagles Nest 1.21 Acres 14345 E. Prairie Dog Trl. #4 Eagles Nest 1.80 Acres 13811 E. Coyote Way #52 Eagles Nest 2.65 Acres 9115 N. Fireridge Trl. #19 FireRock 0.81 Acre 15515 E. Firerock CC Dr. #7 FireRock 0.87 Acre 10056 N. Canyon View Ln. #35 FireRock 1.25 Acres 15333 E. FireRock CC Dr. #3 FireRock 1.52 Acres 9844 N. Four Peaks Way #12 FireRock 1.82 Acres 15215 N. Eagle Feather Rdg. #37 Golden Eagle Est. 1.70 Acres 14914 E. Zapata Dr. #42 North Heights 1.41 Acres 14495 E. Zapata Dr. #35 North Heights 0.89 Acre 14841 E. Shadow Canyon Dr. #2 Shadow Canyon 1.21 Acres 12533 N. Sierra Del Sol #23 StoneRidge Estates 1.47 Acres 15248 E. Sage Dr. Boulder Point 4600 / 5 / 5 11040 N. Arista Ln. Crestview 7226 / 4 / 5.5 14353 E. Zorro Way Eagles Nest 6283 / 4 / 4 10527 N. Villa Ridge Ct. #117 FireRock 2905 / 3 / 3.5 15915 E. Tombstone Trl. FireRock 4101 / 4 / 3.5 9517 N. Four Peaks Way FireRock 6036 / 4 / 4.5 9917 N. Palisades Blvd. FireRock 6632 / 4 / 4.5 9041 N. Fireridge Trl. FireRock 6046 / 5 / 5.5 9826 N. Copper Ridge Trl. FireRock 6022 / 5 / 7 9225 N. Lava Bluff Trl. FireRock 5982 / 4 / 4.5 10220 N. Palisades Blvd. FireRock 6381 / 4 / 4.5 9035 N. Lava Bluff Trl. FireRock 6800 / 5 / 8 9118 N. Vista Verde Ct. FireRock 8074 / 5 / 5.5 16117 E. Shooting Star Trl. FireRock 8762 / 6 / 8 15933 E. Trevino Dr. Fountain Hills 5580 / 4 / 4.5 15633 N. Cerro Alto Dr. Fountain Hills 6966 / 4 / 5 15844 E. Sunburst Dr. StoneRidge Estates 4731 / 5 / 3 13602 N. Sunset Dr. SunRidge Canyon 3514 / 3 / 4 14724 E. Cholula Dr. SunRidge Canyon 4032 / 4 / 3.5
$415,000 $179,900 $189,900 $209,777 $799,000 $275,000 $299,000 $399,999 $499,000 $699,900 $299,900 $150,000 $249,000 $249,900 $349,000 $850,000 $1,259,999 $2,300,000 $900,000 $1,299,000 $1,690,000 $1,850,000 $1,995,000 $2,195,000 $2,599,000 $2,599,000 $2,875,000 $3,199,000 $4,295,000 $1,325,000 $1,999,900 $950,000 $849,000 $1,099,000
PENDING SALES 14435 E. Shadow Canyon Dr. #36 14230 E. Coyote Ct. #38 11018 N. Arista Ln. #62 9222 N. Fireridge Trl.
0.80 Acre 1.06 Acres 1.71 Acres 4593 / 3 / 4.5
$147,500 $239,900 $495,000 $1,190,000
SOLD 13859 E. Coyote Way #55 Eagles Nest 1.08 Acres 10430 N. Crestview Dr. Crestview 4416 / 4 / 4.5 11409 N. Crestview Dr. Crestview 7175 / 5 / 5.5 9132 N. Shadow Ridge Trl. FireRock 5354 / 5 / 5.5 9103 N. Fireridge Trl. FireRock 3800 / 3 / 3
SOLD PRICE $233,750 $850,000 $2,050,000 $900,000 $955,000
Shadow Canyon Eagles Nest Crestview FireRock
List Price
All information is deemed reliable but not guaranteed. The properties on this list have been listed/sold by various participants in the MLS. If your home is currently listed, this is not a solicitation for that listing.
Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net
ISSN-1939-9529
A Passion For
Admiring & Acquiring Specialty Vehicles
Real Estate Investing
A Sound Strategy For Your Portfolio?
Saddle Up!
BLT Steak Goes Cowboy Fountain Hills’
Hot Real Estate Listings
JANUARY 2010
Featuring BLT Steak 5402 E. Lincoln Dr. • Scottsdale 480.905.7979 or bltrestaurants.com
Cowboy Steak 6 rib steaks, 22-26 oz. (long bone, if available) salt and fresh ground black pepper COWBOY RUB 8 oz. each toasted & ground dried pasilla chile and guajillo chile 1 cup jalapeno powder 1/2 cup smoked paprika 2 cups brown sugar 1/4 cup fine sea salt COWBOY BUTTER 2 lbs. unsalted butter, softened 1/2 cup smoked paprika 1/4 cup Cajun spice 2 tbsp. each ground cumin, ground coriander, finely chopped fresh garlic, finely chopped fresh shallot, fresh chopped parsley, fresh chopped thyme leaves, cayenne pepper salt and pepper Make the Dry Rub In a bowl, mix together all of the dry ingredients. Place the steaks in a roasting pan and rub on all sides with the mixture. Cover and chill at least 24 hours. Make the Butter In a medium bowl, beat together 1 1/2 lbs. of the butter and all of the other ingredients until blended. Place on a sheet of plastic wrap and roll it into a sausage shape. Store in the refrigerator up to three days or in the freezer up to two weeks. Chef’s Tip: European-style butters have slightly more fat and less water. This gives them a creamier texture and richer flavor. Cook the Steaks Heat a barbecue grill. Spread the steaks with the remaining 1/2 lb. of butter. Season them on both sides with salt and pepper. Place the steaks on the grill and cook until browned, about three minutes. Turn the steaks and brown on the other side, about three minutes more. Be careful as the chili rub might burn. Transfer the steaks to a cooler part of the grill. Cover and cook for 20 to 25 minutes for medium-rare. To Serve Place the steaks on a cutting board and cover loosely with foil. Let rest for 10 to 12 minutes. Carve the meat off the bone. Cut the steaks crosswise into 1-inch slices. Arrange the slices on the plates. Cut the butter into slices and arrange on the steaks. Serve immediately.
The Valley goes car crazy in January with the arrival of the Barrett-Jackson Collector Car Event and the Russo & Steele Collector Car Auction (see sidebar for dates and details). But it’s not just us Arizonans that get revved up for these amazing auto shows. People come from all over the world to view— and bid on—these luxury, specialty, and collector cars. And why not? Who doesn’t love a retro roadster from a long-ago era or a shiny souped-up convertible that’s in impeccable condition? And where better to view these spectacular speedsters than in Scottsdale in January. Americans have long had a love of collecting classic and sporty automobiles. Jay Leno is one such guy
who has acquired so many vintage cars he has his own garage and website dedicated to the topic (check out www.jaylenosgarage.com). A sentimental car in the collection is the 1955 Buick Leno slept in while trying to make it as a comic in Los Angeles. He never sold it and still owns his onetime “home on wheels” today. Fellow comedian Jerry Seinfeld, another renowned car collector, is reported to have one of the largest-ever Porsche collections. And he can afford it! Why our fascination with these collector and specialty cars? Surprisingly, it’s not all about how they look and handle when speeding down the road— although that is the attraction for many. Perhaps the real appeal is acquiring a
piece of history—and in doing so, preserving history. “I believe we don’t really own these cars,” Jay Leno once told a reporter for bankrate.com. “We just keep them for the next owners.” Auto auctions, of course, offer their own unique appeal. The excitement and energy of an ever-climbing price ticket make for entertainment unlike anything else. (It’s so much fun that the events are even broadcast on television for other vintage car lovers to watch.) This is the runway and red carpet for hundreds of beautiful, shiny works of art on wheels. Highlights from the Barrett-Jackson auction include a 1929 Hamilton Metalplane (yes, that’s right, a plane!) and a shiny black 1963 Shelby Cobra CSX 2091. Russo and Steele will be auctioning off more than 600 classic “sports and muscle” cars over a five-day span. Whether you’re simply there to admire or you’re actually putting in a bid, automobile auctions are exciting and fun for all. Who knows, you could be driving away with the top down on a vintage convertible this year!
THE EVENTS:
GO CAR CRAZY IN JANUARY! Who: Barrett-Jackson What: 39th Annual Collector Car Event When: January 18-24, 2010 Where: WestWorld of Scottsdale To get more info: www.barrett-jackson.com or 480.663.6255 Event schedule: Gates, vendor and sponsor displays open daily Monday-Sunday, 8 am-auction close; automobile and collector car auction, Tuesday-Sunday (times vary); twilight auction hours (reduced admission after 5 pm), Tuesday-Saturday, 5 pm-auction close. Who: Russo and Steele What: 10th Anniversary Collector Automobile Auction When: January 20-24, 2010 Where: NE Corner of Scottsdale Road & Mayo Blvd. To get more info: www.russoandsteele.com or 602.252.2697 Event schedule: Automobile preview and on-site bidder’s registration, Wednesday-Sunday; auction begins, Thursday-Sunday, gates open for preview at 10:00 am.
Building Wealth Through Real Estate It may seem like an uncertain time to invest in real estate. However, perhaps our recent market corrections have led to some of the best buying opportunities seen for generations. Local financial advisor Hugh Daniels with Raymond James and Associates, Inc. offers his unbiased opinion regarding acquiring real estate and its role in your overall wealth planning. Q: How should real estate investment play a part in one’s financial planning and overall portfolio? A: Real estate, like any investment you make, should fall within a well diversified, assetallocated portfolio. Asset allocation involves dividing an investment portfolio among different asset categories, such as stocks, bonds, cash, and alternative investments, which includes real estate. Determining which mix of assets to hold in your portfolio is different for every individual and will differ due to your personal time horizons and risk tolerance. Real estate has traditionally offered a nice complement to an overall investment strategy. Q: Has real estate historically been a key component to building wealth? A: Yes, some of the wealthiest individuals in the world, as well as large institutions, foundations,
and trusts, have amassed and maintained their fortunes with real estate as a part of their investment strategy.
Q: Is now a good time to invest in real estate? What if the housing market continues to see price declines in the near future—can buying today still be a good investment? A: It is impossible to predict the bottom of any market. My personal opinion is that if you find a piece of real estate that you like, you feel it is a good value at the current price, and your investment timeline is not short term, then you may want to strongly consider the investment. Q: What stage of one’s life is the best time to invest in real estate—when you’re young and just starting to build wealth? Nearing retirement? Already retired? A: A decision to enter the real estate market can be appropriate for almost any age investor as long as it is entered with an understanding of your personal end-goal. There is always an opportunity for the smart investor to capitalize on, regardless of market conditions. I believe that in real estate, the key to your success is having a licensed advisor, your Realtor, help you navigate the market and aid you in purchasing with the intention to build wealth.
Q: Is it safer today to invest in real estate or the stock market? A: Trying to measure whether real estate offers a safer environment than the stock market is a very subjective statement and it is going to depend on a number of factors. An individual who plans on only holding an investment for one year versus an investment held for ten years makes a monumental difference. If any lesson can be learned from our most recent market correction, it’s that real estate and the stock market both have risk. An individual must assess this risk before entering either market. If you’re investing in the real estate market, buy something you like and that you plan to hold on to. Time has a tendency to cure all wounds.
For more information on financial planning, contact: Hugh Daniels, Financial Advisor and Wealth Management Specialist, Raymond James and Associates, Inc. hugh.daniels@raymondjames.com • 480.365.6889
Saturday Science Class Arizona Science Center, Jan. 16th 602.716.2000 or azscience.org You and your child are invited to join the Arizona Science Center each Saturday, as they explore various topics to investigate and experiment with. This specific Saturday the subject is robots! Examine and analyze them and work on building your own robot! It’s sure to get young minds excited about science. Advanced registration is required for this event. Drive the Dream Gala WestWorld, Jan. 16th 480.922.8212 or childhelpdrivethedream.org This magical night is dedicated to a truly worthy cause. Proceeds benefit Childhelp, the leading national organization dedicated to helping victims of child abuse and neglect. A part of the Barrett-Jackson event, the evening unfolds with a cocktail reception, followed by fine dining, a live auction and dancing. Glendale Glitter and Glow Block Party Downtown Glendale, Jan. 16th 623.930.2299 or glendaleaz.com Don’t miss out on this exciting block party, a finale to the annual Glendale Glitters holiday event. Thousands of people will fill the 12 blocks of historical downtown. More than a dozen musical acts and lively street performers will be entertaining the crowd. The ambiance is festive with the soft glow of lit and tethered hot air balloons, and the 1.5 million twinkling lights as the stunning backdrop. Sunday A’Fair Scottsdale Civic Center, Jan. 24th 480.994.2787or scottsdaleperformingarts.org Pack a picnic basket and sit out on the lawn as you enjoy the many performances by top Valley entertainers. Or, delicious food and beverages from Arcadia Farms will be available to purchase. Many activities for children and families will be set up as well as a free guided tour of the sculptures in the Civic Center. What a great way to spend a sunny winter afternoon. National Geographic Live: Hunting Dinosaurs Mesa Arts Center, Jan. 27th 480.644.6501 or mesaartscenter.com Go back in time with Paul Sereno to the prehistoric era of the dinosaurs! This modern-day Indiana Jones leads expeditions to exotic places such as the Sahara and Tibetan Plateau in search of fossils. You’ll be captivated with many great stories of Sereno’s thrilling life and recent dinosaur discoveries. Walk ‘n Roll Dog Walk Tempe Town Lake, Jan. 31st 480.945.0754 or walknrolldogwalk.org Bring your dog out for a little exercise and fun all in support of their canine friends. The day starts out with a 5K walk and wheelchair roll around Tempe Town Lake. Afterwards participate in the silent auction, play a few games and browse the many vendor booths. Proceeds benefit Power Paws Assistance Dogs.
JANUARY 2010
Featuring BLT Steak 5402 E. Lincoln Dr. • Scottsdale 480.905.7979 or bltrestaurants.com
Cowboy Steak 6 rib steaks, 22-26 oz. (long bone, if available) salt and fresh ground black pepper COWBOY RUB 8 oz. each toasted & ground dried pasilla chile and guajillo chile 1 cup jalapeno powder 1/2 cup smoked paprika 2 cups brown sugar 1/4 cup fine sea salt COWBOY BUTTER 2 lbs. unsalted butter, softened 1/2 cup smoked paprika 1/4 cup Cajun spice 2 tbsp. each ground cumin, ground coriander, finely chopped fresh garlic, finely chopped fresh shallot, fresh chopped parsley, fresh chopped thyme leaves, cayenne pepper salt and pepper Make the Dry Rub In a bowl, mix together all of the dry ingredients. Place the steaks in a roasting pan and rub on all sides with the mixture. Cover and chill at least 24 hours. Make the Butter In a medium bowl, beat together 1 1/2 lbs. of the butter and all of the other ingredients until blended. Place on a sheet of plastic wrap and roll it into a sausage shape. Store in the refrigerator up to three days or in the freezer up to two weeks. Chef’s Tip: European-style butters have slightly more fat and less water. This gives them a creamier texture and richer flavor. Cook the Steaks Heat a barbecue grill. Spread the steaks with the remaining 1/2 lb. of butter. Season them on both sides with salt and pepper. Place the steaks on the grill and cook until browned, about three minutes. Turn the steaks and brown on the other side, about three minutes more. Be careful as the chili rub might burn. Transfer the steaks to a cooler part of the grill. Cover and cook for 20 to 25 minutes for medium-rare. To Serve Place the steaks on a cutting board and cover loosely with foil. Let rest for 10 to 12 minutes. Carve the meat off the bone. Cut the steaks crosswise into 1-inch slices. Arrange the slices on the plates. Cut the butter into slices and arrange on the steaks. Serve immediately.
The Valley goes car crazy in January with the arrival of the Barrett-Jackson Collector Car Event and the Russo & Steele Collector Car Auction (see sidebar for dates and details). But it’s not just us Arizonans that get revved up for these amazing auto shows. People come from all over the world to view— and bid on—these luxury, specialty, and collector cars. And why not? Who doesn’t love a retro roadster from a long-ago era or a shiny souped-up convertible that’s in impeccable condition? And where better to view these spectacular speedsters than in Scottsdale in January. Americans have long had a love of collecting classic and sporty automobiles. Jay Leno is one such guy
who has acquired so many vintage cars he has his own garage and website dedicated to the topic (check out www.jaylenosgarage.com). A sentimental car in the collection is the 1955 Buick Leno slept in while trying to make it as a comic in Los Angeles. He never sold it and still owns his onetime “home on wheels” today. Fellow comedian Jerry Seinfeld, another renowned car collector, is reported to have one of the largest-ever Porsche collections. And he can afford it! Why our fascination with these collector and specialty cars? Surprisingly, it’s not all about how they look and handle when speeding down the road— although that is the attraction for many. Perhaps the real appeal is acquiring a
piece of history—and in doing so, preserving history. “I believe we don’t really own these cars,” Jay Leno once told a reporter for bankrate.com. “We just keep them for the next owners.” Auto auctions, of course, offer their own unique appeal. The excitement and energy of an ever-climbing price ticket make for entertainment unlike anything else. (It’s so much fun that the events are even broadcast on television for other vintage car lovers to watch.) This is the runway and red carpet for hundreds of beautiful, shiny works of art on wheels. Highlights from the Barrett-Jackson auction include a 1929 Hamilton Metalplane (yes, that’s right, a plane!) and a shiny black 1963 Shelby Cobra CSX 2091. Russo and Steele will be auctioning off more than 600 classic “sports and muscle” cars over a five-day span. Whether you’re simply there to admire or you’re actually putting in a bid, automobile auctions are exciting and fun for all. Who knows, you could be driving away with the top down on a vintage convertible this year!
THE EVENTS:
GO CAR CRAZY IN JANUARY! Who: Barrett-Jackson What: 39th Annual Collector Car Event When: January 18-24, 2010 Where: WestWorld of Scottsdale To get more info: www.barrett-jackson.com or 480.663.6255 Event schedule: Gates, vendor and sponsor displays open daily Monday-Sunday, 8 am-auction close; automobile and collector car auction, Tuesday-Sunday (times vary); twilight auction hours (reduced admission after 5 pm), Tuesday-Saturday, 5 pm-auction close. Who: Russo and Steele What: 10th Anniversary Collector Automobile Auction When: January 20-24, 2010 Where: NE Corner of Scottsdale Road & Mayo Blvd. To get more info: www.russoandsteele.com or 602.252.2697 Event schedule: Automobile preview and on-site bidder’s registration, Wednesday-Sunday; auction begins, Thursday-Sunday, gates open for preview at 10:00 am.
Building Wealth Through Real Estate It may seem like an uncertain time to invest in real estate. However, perhaps our recent market corrections have led to some of the best buying opportunities seen for generations. Local financial advisor Hugh Daniels with Raymond James and Associates, Inc. offers his unbiased opinion regarding acquiring real estate and its role in your overall wealth planning. Q: How should real estate investment play a part in one’s financial planning and overall portfolio? A: Real estate, like any investment you make, should fall within a well diversified, assetallocated portfolio. Asset allocation involves dividing an investment portfolio among different asset categories, such as stocks, bonds, cash, and alternative investments, which includes real estate. Determining which mix of assets to hold in your portfolio is different for every individual and will differ due to your personal time horizons and risk tolerance. Real estate has traditionally offered a nice complement to an overall investment strategy. Q: Has real estate historically been a key component to building wealth? A: Yes, some of the wealthiest individuals in the world, as well as large institutions, foundations,
and trusts, have amassed and maintained their fortunes with real estate as a part of their investment strategy.
Q: Is now a good time to invest in real estate? What if the housing market continues to see price declines in the near future—can buying today still be a good investment? A: It is impossible to predict the bottom of any market. My personal opinion is that if you find a piece of real estate that you like, you feel it is a good value at the current price, and your investment timeline is not short term, then you may want to strongly consider the investment. Q: What stage of one’s life is the best time to invest in real estate—when you’re young and just starting to build wealth? Nearing retirement? Already retired? A: A decision to enter the real estate market can be appropriate for almost any age investor as long as it is entered with an understanding of your personal end-goal. There is always an opportunity for the smart investor to capitalize on, regardless of market conditions. I believe that in real estate, the key to your success is having a licensed advisor, your Realtor, help you navigate the market and aid you in purchasing with the intention to build wealth.
Q: Is it safer today to invest in real estate or the stock market? A: Trying to measure whether real estate offers a safer environment than the stock market is a very subjective statement and it is going to depend on a number of factors. An individual who plans on only holding an investment for one year versus an investment held for ten years makes a monumental difference. If any lesson can be learned from our most recent market correction, it’s that real estate and the stock market both have risk. An individual must assess this risk before entering either market. If you’re investing in the real estate market, buy something you like and that you plan to hold on to. Time has a tendency to cure all wounds.
For more information on financial planning, contact: Hugh Daniels, Financial Advisor and Wealth Management Specialist, Raymond James and Associates, Inc. hugh.daniels@raymondjames.com • 480.365.6889
Saturday Science Class Arizona Science Center, Jan. 16th 602.716.2000 or azscience.org You and your child are invited to join the Arizona Science Center each Saturday, as they explore various topics to investigate and experiment with. This specific Saturday the subject is robots! Examine and analyze them and work on building your own robot! It’s sure to get young minds excited about science. Advanced registration is required for this event. Drive the Dream Gala WestWorld, Jan. 16th 480.922.8212 or childhelpdrivethedream.org This magical night is dedicated to a truly worthy cause. Proceeds benefit Childhelp, the leading national organization dedicated to helping victims of child abuse and neglect. A part of the Barrett-Jackson event, the evening unfolds with a cocktail reception, followed by fine dining, a live auction and dancing. Glendale Glitter and Glow Block Party Downtown Glendale, Jan. 16th 623.930.2299 or glendaleaz.com Don’t miss out on this exciting block party, a finale to the annual Glendale Glitters holiday event. Thousands of people will fill the 12 blocks of historical downtown. More than a dozen musical acts and lively street performers will be entertaining the crowd. The ambiance is festive with the soft glow of lit and tethered hot air balloons, and the 1.5 million twinkling lights as the stunning backdrop. Sunday A’Fair Scottsdale Civic Center, Jan. 24th 480.994.2787or scottsdaleperformingarts.org Pack a picnic basket and sit out on the lawn as you enjoy the many performances by top Valley entertainers. Or, delicious food and beverages from Arcadia Farms will be available to purchase. Many activities for children and families will be set up as well as a free guided tour of the sculptures in the Civic Center. What a great way to spend a sunny winter afternoon. National Geographic Live: Hunting Dinosaurs Mesa Arts Center, Jan. 27th 480.644.6501 or mesaartscenter.com Go back in time with Paul Sereno to the prehistoric era of the dinosaurs! This modern-day Indiana Jones leads expeditions to exotic places such as the Sahara and Tibetan Plateau in search of fossils. You’ll be captivated with many great stories of Sereno’s thrilling life and recent dinosaur discoveries. Walk ‘n Roll Dog Walk Tempe Town Lake, Jan. 31st 480.945.0754 or walknrolldogwalk.org Bring your dog out for a little exercise and fun all in support of their canine friends. The day starts out with a 5K walk and wheelchair roll around Tempe Town Lake. Afterwards participate in the silent auction, play a few games and browse the many vendor booths. Proceeds benefit Power Paws Assistance Dogs.
Price Improvement of the Month
January 2010
PREVIOUSLY UNDER CONTRACT FOR $3.2 MILLION—NOW AVAILABLE 10220 N. Palisades Blvd. | FireRock 6381 Sq. Ft. | 4 Bed | 4.5 Bath | $2,599,000
A COLLECTION OF NEWLY LISTED PROPERTIES AND RECENT SALES IN
SELLER STRATEGIES FOR 2010
Did you know that 2009 ended as the third highest year for home resales in the history of our market? Only behind the record years of 2004 and 2005, this past year, while many may have considered to be dismal, in reality was actually a “boom year” for real estate sales. The lower-end marketplace had robust sales, multiple offers, closings ABOVE list price and now there is a trend of steady price appreciation. The luxury market is lagging. Predications are that we may see further price declines in luxury for some properties. The outstanding properties ARE selling as they are priced so much less than replacement value that buyers recognize the value. My sellers are receiving more showings for their listings than we have seen in several years. Contracts are being written and buyer interest is very high. It is critical for luxury sellers to properly position their homes in the competitive market. I will strive to preserve your home’s value and increase your home’s ability to sell. Should you be planning a new purchase the chances are we can regain lost equity with a properly negotiated new purchase. Call me today. Let’s see how I can assist you and make your next real estate transaction the best you’ve ever encountered.
Featured Property
15333 E. FireRock Country Club Dr. #3 1.52 Acres | City Lights | Mountain Views • $499,000 Compelling city light and sweeping mountain views set the stage for your imagination on this prime 1.52-acre lot. A generous 31,608 foot disturbance is an added asset to this view-laden parcel. Envision living and escaping the everyday routine in FireRock Country Club, one of the Valley’s most highly sought-after communities. Live a life of luxury in your own backyard. Play golf everyday. Take advantage of the private country club amenities and activities. Make new and everlasting friends. The timing is perfect to own YOUR piece of paradise in FireRock!
SUSAN PELLEGRINI 480.287.5200 Office 480.315.1575 Mobile 877.276.1071 Toll Free Susan@Pellegrini.com
WWW.PELLEGRINI.COM
Address Subdivision Lot Size or Sq.Ft./Bed/Bath ACTIVE LISTINGS 10920 N. Crestview Dr. #68 Crestview 1.78 Acres 14245 E. Zorra Way #110 Eagles Nest 1.02 Acres 14234 E. White Wing Ct. #88 Eagles Nest 1.21 Acres 14345 E. Prairie Dog Trl. #4 Eagles Nest 1.80 Acres 13811 E. Coyote Way #52 Eagles Nest 2.65 Acres 9115 N. Fireridge Trl. #19 FireRock 0.81 Acre 15515 E. Firerock CC Dr. #7 FireRock 0.87 Acre 10056 N. Canyon View Ln. #35 FireRock 1.25 Acres 15333 E. FireRock CC Dr. #3 FireRock 1.52 Acres 9844 N. Four Peaks Way #12 FireRock 1.82 Acres 15215 N. Eagle Feather Rdg. #37 Golden Eagle Est. 1.70 Acres 14914 E. Zapata Dr. #42 North Heights 1.41 Acres 14495 E. Zapata Dr. #35 North Heights 0.89 Acre 14841 E. Shadow Canyon Dr. #2 Shadow Canyon 1.21 Acres 12533 N. Sierra Del Sol #23 StoneRidge Estates 1.47 Acres 15248 E. Sage Dr. Boulder Point 4600 / 5 / 5 11040 N. Arista Ln. Crestview 7226 / 4 / 5.5 14353 E. Zorro Way Eagles Nest 6283 / 4 / 4 10527 N. Villa Ridge Ct. #117 FireRock 2905 / 3 / 3.5 15915 E. Tombstone Trl. FireRock 4101 / 4 / 3.5 9517 N. Four Peaks Way FireRock 6036 / 4 / 4.5 9917 N. Palisades Blvd. FireRock 6632 / 4 / 4.5 9041 N. Fireridge Trl. FireRock 6046 / 5 / 5.5 9826 N. Copper Ridge Trl. FireRock 6022 / 5 / 7 9225 N. Lava Bluff Trl. FireRock 5982 / 4 / 4.5 10220 N. Palisades Blvd. FireRock 6381 / 4 / 4.5 9035 N. Lava Bluff Trl. FireRock 6800 / 5 / 8 9118 N. Vista Verde Ct. FireRock 8074 / 5 / 5.5 16117 E. Shooting Star Trl. FireRock 8762 / 6 / 8 15933 E. Trevino Dr. Fountain Hills 5580 / 4 / 4.5 15633 N. Cerro Alto Dr. Fountain Hills 6966 / 4 / 5 15844 E. Sunburst Dr. StoneRidge Estates 4731 / 5 / 3 13602 N. Sunset Dr. SunRidge Canyon 3514 / 3 / 4 14724 E. Cholula Dr. SunRidge Canyon 4032 / 4 / 3.5
$415,000 $179,900 $189,900 $209,777 $799,000 $275,000 $299,000 $399,999 $499,000 $699,900 $299,900 $150,000 $249,000 $249,900 $349,000 $850,000 $1,259,999 $2,300,000 $900,000 $1,299,000 $1,690,000 $1,850,000 $1,995,000 $2,195,000 $2,599,000 $2,599,000 $2,875,000 $3,199,000 $4,295,000 $1,325,000 $1,999,900 $950,000 $849,000 $1,099,000
PENDING SALES 14435 E. Shadow Canyon Dr. #36 14230 E. Coyote Ct. #38 11018 N. Arista Ln. #62 9222 N. Fireridge Trl.
0.80 Acre 1.06 Acres 1.71 Acres 4593 / 3 / 4.5
$147,500 $239,900 $495,000 $1,190,000
SOLD 13859 E. Coyote Way #55 Eagles Nest 1.08 Acres 10430 N. Crestview Dr. Crestview 4416 / 4 / 4.5 11409 N. Crestview Dr. Crestview 7175 / 5 / 5.5 9132 N. Shadow Ridge Trl. FireRock 5354 / 5 / 5.5 9103 N. Fireridge Trl. FireRock 3800 / 3 / 3
SOLD PRICE $233,750 $850,000 $2,050,000 $900,000 $955,000
Shadow Canyon Eagles Nest Crestview FireRock
List Price
All information is deemed reliable but not guaranteed. The properties on this list have been listed/sold by various participants in the MLS. If your home is currently listed, this is not a solicitation for that listing.
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