The Costliest home sales Close in Phoenix Valley

The president of an Ohio company, the owner of a hotel/motel management company in Houston, a business development director of a financial services company in Chandler and a radiologist are among the buyers and sellers in this week's priciest home sales.

$7,000,000 - Cheryl L. Venarge of Akron, Ohio, as trustee of the Cheryl L. Venarge Trust, purchased a four-bedroom, 4 1/2-bath, 9,275-square-foot home with pool originally built in 2003 on the northeast side of the Desert Mountain-Chiricahua Golf Course in Scottsdale. It features a music room, double office/media room, exercise center, wine cellar and home management system. The master bedroom has a walk-in closet and fireplace, while the master bathroom has a separate shower and tub with jets and a sitting room. Cheryl's husband, Robert Venarge is president of APV Engineered Coatings in Akron. Included is a $325,000 deferred-equity golf membership. The home was sold by Archie H. Rambeau and Sheila Laree Rambeau, as trustees of the AHR Revocable Trust.

$6,500,000 - James M. Grisebaum and his wife, Kathleen, bought a new 11,000-square-foot home with pool on the southwest side of Camelback Mountain in Phoenix. It features a paneled library, a large game/media room, deck with barbecue, bar and fireplace, plus a guesthouse. James Grisebaum is the owner of Olympia Enterprises, a hotel/motel management company in Houston. The home was built and sold by John R. McDade, president and director of J.R. McDade Co., a design, build and remodel company in Scottsdale.

$3,000,000 - Archie H. Rambeau and Sheila Laree Rambeau, as trustees of the AHR Revocable Trust, received a four-bedroom, 4 1/2-bath, 4,359-square-foot home with pool originally built in 2002 on the fairway of the first hole of the Desert Mountain-Chiricahua Golf Course in Scottsdale as part of the payment for the home sold to Cheryl L. Venarge. The home also has guest quarters with separate entrance. Included is a $325,000 deferred-equity golf membership.

$2,575,000 - Trent R. Houg purchased a 6,512-square-foot home with pool originally built in 1990 in Paradise Valley, northeast of the Phoenician Golf Club. Trent Houg is director of business development at Moneylab LLC, a check-cashing and financial-services company in Chandler. The home was sold by MLT Properties LLC in Scottsdale, whose members are David and Melissa Mullard.

$2,537,009 - Dr. Eugene Oh and his wife, Yoon Jung Oh, bought a new home at Saguaro Estates west of the Desert Highlands Golf Club in Scottsdale. Eugene Oh is a physician specializing in diagnostic radiology. The home was sold by Toll Bros. Arizona Ltd. in Scottsdale.