$2,250,000
Phoenix, AZ 85012
MLS# 6660295
Status: Closed
6 beds | 4.5 baths
1 / 46
Property Description
HISTORIC TROPHY PROPERTY-Art Deco Opulence Meets Historic Real Estate Elegance. 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.
Details
Maps
Documents
Contract Information
Status Change Date: 2024-04-27
List Price: $2,250,000
Status: Closed
Current Price: $2,051,175
List Date: 2024-02-06
Type: ER
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: N
Location, Tax & Legal
House Number: 5050
Compass: N
Street Name: 2nd
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85012
Country: USA
County Code: Maricopa
Assessor's Map #: 20
Assessor's Parcel #: 64
Assessor Number: 162-20-064
Subdivision: WINDSOR SQUARE BLK 7 LOTS 27 UP, BLK 8 LOTS 16-28
Tax Municipality: Maricopa - COUNTY
Taxes: 3295
Tax Year: 2023
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 3
# Bedrooms: 6
# Bathrooms: 4.5
Approx SQFT: 4741
Price/SqFt: 432.64
Guest House SqFt: 193
Horses: N
Model: Custom
Builder Name: Unknown
Year Built: 1939
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 14549
Approx Lot Acres: 0.334
Pool: None
Elementary School: Madison Richard Simis School
Jr. High School: Madison Meadows School
High School: Central High School
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: CENTRAL AVE AND CAMELBACK RD.
Directions: CAMELBACK TO 2ND ST--NORTH ON 2ND TO HOME ON CORNER
Geo Lat: 33.5108
Geo Lon: -112.071311
Status Change Info
Off Market Date: 2024-04-15
Under Contract Date: 2024-03-26
Close of Escrow Date: 2024-04-26
Sold Price: 2051175
Legal Info
Township: 2N
Block: 6
Lot Number: 11
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Basement
Basement Y/N: Y
Separate Den/Office
Sep Den/Office Y/N: Y
Items Updated
Plmbg Yr Updated: 2018
Plmbg Partial/Full: Partial
Roof Yr Updated: 2018
Roof Partial/Full: Partial
Parking Spaces
Garage Spaces: 2
Carport Spaces: 1
Slab Parking Spaces: 2
Total Covered Spaces: 3
Showing Notification Methods
Showing Service: Aligned Showings
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Other (See Remarks)
Master Bathroom: 3/4 Bath Master Bdrm
Master Bedroom: Split; Upstairs
Additional Bedroom: Other Bedroom Split; Other Bedroom Downstairs
Fireplace: 1 Fireplace; Other (See Remarks)
Flooring: Carpet; Laminate; Tile; Wood
Pool Features: No Pool
Spa: None
Community Features: Historic District; Near Bus Stop; Near Light Rail Stop
Dining Area: Formal; Breakfast Room
Kitchen Features: Range/Oven Elec; Cook Top Elec; Disposal; Refrigerator; Wall Oven(s); Pantry
Laundry: Wshr/Dry HookUp Only
Basement Description: Finished; Partial
Other Rooms: Bonus/Game Room; Arizona Room/Lanai; Guest Qtrs-Sep Entrn; Separate Workshop
Features: Roller Shields
Technology: Security Sys Owned
Exterior Features: Balcony; Built-in BBQ; Covered Patio(s); Gazebo/Ramada; Patio; Separate Guest House; Storage
Parking Features: Dir Entry frm Garage; Electric Door Opener; Separate Strge Area
Construction: Adobe
Const - Finish: Painted
Roofing: Built-Up
Cooling: Refrigeration; Window/Wall Unit
Heating: Natural Gas
Plumbing: Gas Hot Water Heater
Utilities: APS; SW Gas
Water: City Water
Sewer: Sewer - Public
Fencing: Block
Property Description: Corner Lot; Nat Reg Historic Hms
Landscaping: Grass Front; Grass Back; Auto Timer H2O Back; Flood Irrigation
Lockbox Type: None
Possession: Close of Escrow
Association Fee Incl: No Fees
Assoc Rules/Info: Not Managed
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Supplements
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/storage 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 wood 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 great 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 Documents tab under "Family and Property History".
Main House= 5 bedrooms 3.5 bath 3,853 SF
Bonus Room (Finished Basement)= 695 SF
Guesthouse=1 bedroom 1 bath=193 SF
Total Bedrooms with Guest house=6 bedrooms 4.5 baths
Total Finished SF=4,741 SF (Main 3,853 SF + Basement 695 SF + Guesthouse 193 SF)
Unfinished SF= 409 SF Basement
This Property must be seen in person to fully appreciate it!
Room Information
Room Name | Level | Remarks |
Basement | Second | 695 SF Finished and 409 SF Unfinished. |
Listing Office: R.O.I. Properties
Last Updated: April - 27 - 2024
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Sunday 28th of April 2024 03:07 AM