The Largest Phoenix Homes Sales Close in the Past Week!

Each week the Arizona Republic posts the top 5 Home Sales in Dollar cost from the previous week. I have always used this as an unscientific barometer of what is happening in the market. Are the big deals still happening? Yes they are!

The majority owner of the Phoenix Suns, a publisher and a Scottsdale broker are among the buyer and seller of this week’s priciest homes in the Valley.

$3,650,000 – Timothy B. King Jr. and his wife, Joan paid cash for a five bedroom, 5½-bath, 7,545- square-foot homes with pool originally built in 2006 in Paradise Valley. Its features travertine flooring, a paneled office, and double-island kitchen with top appliances. The children’s wing has a large shared flex room. Included in a guest house with outside fireplace, in-ground trampoline and court. The house includes two master bedrooms, and both feature walk-in closets and a sitting room. The home was sold by Robert and Penny Sarver. Robert Sarver is majority owner of the Phoenix Suns and the Phoenix Mercury. He is also chairman and CEO of Western Alliance Bancorp., a bank holding company and co-founder and executive director of Southwest Value Partners, a real estate investment company.

$3,500,000 – Michael J. Martin brought a four-bedroom, 4½-bath, 6,514-square-foot home built in 1989 on Arizona Biltmore Golf Course in Phoenix. It features as RV garage with an art studio. The master bedroom opens to the outside, with its own Jacuzzi and workout room. There is a large wine cooler, theater, plus den/office and media room, plus guest quarters. Michael Marin is owner of Macaw Publishing LLC. The home was sold by RLS Capital Inc., Demaree LLC, Michael Zerbib, BALJJ Holdings LLC and Jason Jenson.

$2,400,000 – Carolyn H. Gold of St. Louis, as trustee of the Carolyn H. Gold Revocable Trust, paid cash for a five-bedroom, nine bathroom 7,275-square-foot home with pool originally built in 2007 on the northeast side of Whisper Rock Golf Club in Scottsdale. Included is a one-bedroom pool house. The home was sold by Casa Buena Realty of Scottsdale.

$2,600,000 – Ricky Lee Cox and his wife, Judy, purchased a 8,000-square-foot home with pool originally built in 1986 south of the Tatum Ranch Golf Club in Cave Creek. The house features tumbled stone and distressed Spanish brick inside and out, a sport court, chipping/putting course and dog run. There are two full master baths, a theater and guest quarters. The home was sold by Yvette Molina.

$2,300,000 – Paul and Margaret Stein brought a four-bedroom, 5 ½-baths. 4,387-square-foot home with pool and spa originally built in 2005 on the south edge of the Country Club at DC Ranch Scottsdale. It features a kitchen with a 60-square-foot butcher-block island. Reclaimed oak floors and bricks hallways accentuate the first level. The home was sold by Robert H. Nathan and Carla J. Nathan, as trustees of the Robert H. Nathan and Carla J. Nathan Revocable Living Trust. Robert Nathan is a designated broker and managing member of R.H.Nathan & Co. LLC in Scottsdale.