Sunday Real Estate 7-29-18

Arizona Republic

❚ SUNDAY, JULY 29, 2018 ❚ 1R

Real Estate

The second of two plans from developer DMB calls for a tower 196 feet high, or about 16 floors. DMB ASSOCIATES

Neighbors fight planned high-rise at Kierland A battle over a new tower in Phoenix’s upscale Kierland neighborhood is currently brewing.

As usual, much of the zoning fight is over height.

Neighbors of a hotel/condominium/retail high-rise proposed by DMB Development in the popular area don’t want the new building higher than others nearby.

Some of the opponents will live in one of three Optima Kierland condo towers under construction and would be close neighbors of the new building at Scottsdale Road and East Kierland Boulevard.

Others against the new development live in other homes in the Kierland area and are concerned about the amount of traffic a development of that size would bring.

“We aren’t anti-development, but if they keep building towers, Scottsdale Road is going to have a canyon effect,” said Amy Satterfield, who has lived in a home in the area for 19 years.

Kierland is physically in Phoenix but carries a Scottsdale address.

Catherine Reagor Columnist Arizona Republic USA TODAY NETWORK

“People are very emotional and opinionated when it comes to their property and what a zoning change might mean for their values.”

Mark Stapp

Real-estate analyst

posed high-rise formed the Kierland Community Alliance to fight the new development.

About 150 from the group showed up at a Paradise Village Planning Committee meeting a few weeks ago to show their opposition.

“Land-use changes make for some of the most combative meetings in Arizona,” said realestate analyst Mark Stapp, director of the Master of Real Estate Development program at Arizona State University. “People are very emotional and opinionated when it comes to their property and what a zoning change might mean for their values.”

He disagrees that a zoning change for the DMB site will lead to many other high-rises along Scottsdale Road.

“Kierland has become one of the Valley’s higher-density growth nodes,” he said. “The area’s residents may not like that, but it has already happened.”

Taller, thinner vs. shorter, wider In the new Kierland tower case, the fight is basically over 76 feet — or six stories.

Showing up to fight the tower Satterfield and other neighbors of the pro-

See KIERLAND, Page 3R

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2R ❚ SUNDAY, JULY 29, 2018 ❚ THE ARIZONA REPUBLIC

Valley Home Values LUXURY HOMES Soil-covered walls, bocce ball courts and secret cantinas are among the amenities in this week's most expensive home sales in metropolitan Phoenix.

$3,500,000 The Warren F. and Nancy J. Bryant Trust purchased a 9,596-square-foot house in Paradise Valley. The house has five bedrooms and 51⁄2 bathrooms in the main house, and two bedrooms in the guest house. Up to six cars can comfortably fit inside the property's garage, and there's an extra garage that can fit an RV. The main house has both a game room and media room. A wine room inside the house can hold 600 chilled bottles of wine. The property sits just northeast of Camelback Mountain. The Harding Family Trust sold the house.

$3,200,000 Ian and Pedro Rollo bought an 8,251square-foot house in north Scottsdale's Desert Mountain community north of Pinnacle Peak. It overlooks the fourth hole of the Renegade Golf Course. The house has five bedrooms and 51⁄2 bathrooms, and has a bevy of ecological features. Soil covers some walls as a means of insulation; the angled roof helps to avoid sun exposure during the hottest hours of the day; and the roof collects rainwater for reuse in the property's outdoor facilities. The house has an infinity pool and hot tub in the back yard. Fireplaces are scattered throughout the house. It also has a fitness room. The Peter and Lorelei Redding Revocable Trust sold the house. Tami Henderson and Anne Morrissey were the listing agents for the house.

$2,750,000 Gary and Ashley Gregg bought an 8,441-square-foot Paradise Valley house in Mockingbird Lane Estates.

Gary is a managing principal with Cresa, an international commercial real estate firm. The house has six bedrooms and 81⁄2 bathrooms. A large front lawn leads to a gate and the front door. The front patio has a fountain and several trees.

Just inside the front door is a foyer with

This north Scottsdale house sold for $3.2 million. ANNE MORRISSEY

a fireplace and exposed wooden beams on the ceiling. A large island with a sink is the centerpiece of the kitchen. The property also has a wine cabinet that can fit hundreds of bottles. The garage can fit up to four cars. The backyard has a pool and water fountains that spray into and across the pool. Paradise Investors Group LLC sold the house.

$2,700,000

bathrooms. Three bedrooms are in the main house, with a fourth in a separate casita. The pathway in the front yard leads through the front gate on the patio, where there is seating and a fountain. The house was built in 1940 and has been renovated. Nearly every room has exposed wood beams along the ceiling and tile or hardwood floors.

The Lotka Family Trust sold the house.

$2,500,000

Mark and Sarah Winston purchased a 5,737-square-foot house in Arcadia. It's located southeast of Camelback Mountain and has four bedrooms and 33⁄4

Scott and Shelby Fletcher bought a 6,259-square-foot house in Paradise Valley. The five bedroom, 51⁄2 bathroom

house is located in the gated community of Clearwater Hills. The property sits in between Camelback Mountain and the Phoenix Mountains Preserve. The living room has a beam-vaulted ceiling and brick-backed fireplace. A bocce ball court sits right next to the pool in the backyard. Inside the house is a wine cellar and tasting area. A swinging bookcase opens to reveal a hidden cantina, which leads to a dining patio.

AZ Design Works LLC sold the property.

Researched by Robert Gundran and The Information Market.

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More information: all en-suite bedrooms; mountain and city lights views. (6BD; 7BA; 6,587SF)

Flattered by a luxurious Santa Fe-style ambience, this gorgeous Arcadia estate begins with a gated hacienda courtyard, while inside, the magnificent living room is graced with a breathtaking latilla ceiling. This extraordinary ceiling motif, plus stunning flagstone floors and massive ceiling beams, add to the home’s sophisticated Southwestern aura.

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OPEN TODAY 1-4PM AREA HIGHLIGHTS

DIRECTIONS

NEARBY SCHOOLS: Palomino Primary School; Greenway Middle School; North Canyon High School.

NEARBY HOSPITALS: HonorHealth Scottsdale Shea; Mayo Clinic.

NEARBY SHOPPING: Kierland Commons; Scottsdale Quarter.

CROSS-STREETS: 32nd Street and Thunderbird Road.

DIRECTIONS: From 32nd Street, go west on Thunderbird Road to 28th Street. Look for Those Callaways Open House Signs.

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that quietly blur the line between indoor and outdoor living. When it’s time to relax, visit the romantic master suite, an enchanting retreat with a blissful boudoir, spacious exercise room, sumptuous dual baths and a coffee bar.

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AREA HIGHLIGHTS

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NEARBY SCHOOLS: Hopi Elementary; Ingleside Middle School; Arcadia High School.

NEARBY HOSPITALS: Scottsdale Healthcare Shea; Mayo Clinic.

NEARBY SHOPPING: Kierland Commons; Scottsdale Fashion Square.

CROSS-STREETS: 44th Street and Camelback Road.

DIRECTIONS: South on 44th Street.

Left on Calle Redonda. Left on Avenida del Puente to Lafayette. Home is on corner of Avenida del Puente and Lafayette.

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AZCENTRAL.COM â?š SUNDAY, JULY 29, 2018 â?š 3R

What to do when homeowners disagree Christopher Combs Columnist

The first of two plans from DMB is for a tower that would be 120 feet high, or about 10 stories. DMB ASSOCIATES

Kierland Continued from Page 1R

Scottsdale-based developer DMB has proposed two plans for a tower to go up on the almost two-acre La Maison furniture store site. One would be 120 feet high, or about 10 stories, the same height as the three Optima condo towers nearby and the Westin Kierland Resort a few blocks away.

The second plan calls for a tower 196 feet high, or about 16 floors. Both would have as many as 272 condos and 210 hotel rooms.

The taller building would be thinner and take up less land, while the shorter building would fill more of the parcel.

Shorter and less dense With a 9 to 5 vote, the Village Planning Committee recommended a 120foot tower with 100 fewer condo or hotel units and more underground parking.

DMB bought 10 acres in Kierland a decade ago, before much of the area developed. It sold the Optima towers’ developer the sites for those towers last year.

Karrin Taylor Robson, president of Arizona Strategies and DMB’s zoning attorney, said the higher 196-foot tower was proposed to open up more views “DMB has owned the land for a while and is not in a rush. It can wait for the best use for the site,� said Taylor Robson. “The good news is the Village Committee approved one of our options.�

A win for the neighborhood?

Zoning attorney Nick Wood, who is working with the Kierland Optima condo project, called the Planning Committee’s decision a win for the neighborhood. “Clearly village committee members

saw through the irresponsible proposal submitted by the applicant,� said Wood of the law firm Snell & Wilmer.

Wayne Mailloux, a 69-year-old retired Pepsico executive who is buying a couple of condos to combine them for a bigger home in one of the Optima towers, said even 120 feet is too high for the site where the tower is proposed. “I was in shock when I first saw the plan for that small parcel,� said Mailloux, who is part of the Kierland group fighting it and spoke at the planning meeting. Taylor Robson said the developer of the Optima towers has always been aware DMB would build a tower on the site, and even backed a preliminary plan for 180 feet last year.

Not a done deal The Phoenix Planning Commission will next hear the case on Aug. 2, and it doesn’t have to recommend what the Village Commission proposed.

The case then could go to the Phoenix City Council for a vote on Sept. 6.

The council has the final say.

History of high-rise battles In 2004, now-President Donald Trump proposed a 200-foot-tall tower for the Biltmore area, near 24th Street and Camelback. Neighbors fought the proposed tower, and the Phoenix City Council voted against the necessary zoning to build that high.

There is no Trump tower in metro Phoenix.

But Biltmore area neighbors would have accepted a tower the same height as other high-rises at that busy intersection.

Arizona Sen. John McCain owns a condo in a tower in the area that was built after the Trump project failed.

That tower is about 120 feet high and didn’t spark a zoning battle.

Live the

ARIZONA Lifestyle!

Question: My sister and I inherited our mother’s North Phoenix home after our mother died. My sister needs money and wants to sell the home immediately. I would like to make some improvements to the home and rent the home for rental income for both of us. My sister, however, says that she will not sign a lease to any renter of the home. If she won’t sign a lease to rent the home, can I sign the lease only by myself? Can my sister require the sale of the home? If so, who pays for legal

fees?

Answer: First, in order to rent or sell a home or other real property all of the owners generally have to agree to rent or sell. Second, if this “rent or sell� controversy with your sister cannot be resolved, a partition lawsuit will have to be filed in court. The court will appoint a Special Commissioner, generally a real estate agent who charges a standard listing commission, to list and sell the home. After the home is sold, the Special Commissioner will deposit with the court the proceeds of sale, minus any sales costs such as commissions and escrow fees, to be distributed to you and your sister. Under Arizona law neither your sister nor you can be reimbursed for your legal fees.

Average mortgage rates edge up ASSOCIATED PRESS

WASHINGTON – Long-term U.S. mortgage rates edged up slightly this week, reaching their highest levels since late June.

Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages rose to 4.54 percent from 4.52 percent last week.

Long-term loan rates have been running at their highest levels in seven years. The average benchmark 30-year rate reached a high this year of 4.66 percent on May 24. The rate stood at 3.92 percent a year ago.

The average rate on 15-year, fixedrate loans ticked up to 4.02 percent this week from 4.00 percent last week.

Home sales haven’t marked strong gains this summer despite the healthy economy and job market. Steadily rising home prices combined with higher mortgage rates “appear to be giving more prospective buyers pause,� said Freddie Mac’s chief economist Sam Khater.

To calculate average mortgage rates, Freddie Mac surveys lenders across the country between Monday and Wednesday each week.

The average doesn’t include extra fees, known as points, which most borrowers must pay to get the lowest rates.

The average fee on 30-year fixed-rate mortgages rose to 0.5 point from 0.4 point last week. The fee on 15-year mortgages was unchanged at 0.4 point.

New-home sales fall 5.3% in June ASSOCIATED PRESS

WASHINGTON – Sales of new homes tumbled 5.3 percent in June and the median sales price also slipped, a potentially ominous sign for the housing market. The Commerce Department said that newly built homes sold at a seasonally adjusted annual rate of 631,000 last month, less

than May’s revised figure of 666,000.

The decline comes after solid growth in previous months.

New-home sales have risen 6.9 percent so far this year, but builders are starting to wrestle with rising costs for lumber. At the same time, mortgage rates are on the rise and wage growth has been meager, squeezing many would-be buyers.

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4R â?š SUNDAY, JULY 29, 2018 â?š THE ARIZONA REPUBLIC

Take these steps to travel with peace of mind Rent Smart Courtney Gilstrap LeVinus Guest Columnist

It takes a lot of planning and packing to be ready for a big trip. We get so wrapped up in preparing for our getaway, we often forget about our apartment we are leaving.

Police, apartment security and insurance companies are sharing tips on how to keep your home safe while you travel.

Be careful what you post. As social media is a predominate way of communicating in 2018, it is tempting to post about your vacation. Who wouldn’t want to share the exciting news of going on vacation with family and friends?

However, posting these plans can leave

you vulnerable, and may make you an easy target. It is better to wait until you return to post about your travels.

Get Insured. If you don’t already have renters insurance, you should consider investing in a policy that is best for you. This way, if anything happens when you’re gone, you are covered.

Hold your mail. If you’re going away for a while, speak with the post office about holding your mail. Otherwise, your mail might pile up and you may become a target.

Install a security camera. Consider purchasing and installing a smart home security system. This way, you remotely keep an eye on your home while enjoying your vacation.

Hire a house sitter. If you do plan to go away for a while, consider hiring a house sitter. You can either have them

Clean out that fridge before going on a long trip. GETTY IMAGES/ISTOCKPHOTO

stay in your home, or ask them to stop by once in a while to make sure everything is all right.

Consider going green. Before you leave, there are a few things you can do to help the environment and your electric bill. Consider going around your home and unplugging any electronics.

Your phone charger, coffee maker, computer charger and television can be unplugged while you’re away. Before you leave, bring your AC up to 85 degrees.

This will decrease your electric bill while you’re away .

Don’t forget to clean. The last thing you want is to come home to a putrid smell and a science experiment in the refrigerator. Make sure you take the trash out and clean your refrigerator before you leave.

Remember even though you’re on vacation be sure to pay your rent on time.

These easy tips will help your home remain exactly the way you left it.

The Arizona Multihousing Association is the statewide trade association for the apartment industry, representing more than 2,000 members in legislative, legal and regulatory matters.

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$0 Deposit. Nice. Quiet Canyon Point (602) 266-7221

Rentals

2 BED $725!!

1st Month 1/2 Price! Vista Del Prado (602) 242-0237

3513

Casa Grande Apartments

ALL UTILITIES INCLUDED! Stu. 1, 2, 3 bdrms from $864 Banyantree Apartments Call Now! 602-648-9885

FURNISHED STUDIO APTS Low monthly /weekly rates.

Free utilities, Bad credit OK, call 520-276-3954

WEEK TO WEEK FURNISHED APARTMENTS 3 Locations - 602-385-1204 www.4RentWeekly.com

3518

3543

Chandler Apartments jobs. .com

3748

Phoenix-Central Residential Rentals MOVE-IN TODAY! No Long-Term Lease Required Fully Furnished 480-385-0230 Siegel Suites Phoenix

3750

Phoenix-Northeast Residential Rentals Point MntSide Comm.Newer 3/ 2, Single Fam. Hm. Vaulted Ceilings, Gar. $1,775. 602-265-6490

3751

Phoenix-East Residential Rentals 3BR 2BA home 2 car garage w/ free standing garage, $9 50/mo 1 acre yard fenced 21880 E. US Hwy 60 480-800-7258

3754

Phoenix-North

3757

Unique 2 & 3 story TH’s. Great Scottsdale Location! 1, 2 & 3 Br’s! Inspiration at Frank Lloyd Wright 480-385-3406

3568

Tolleson Apartments FURNISHED PHX STUDIO APTS FREE Utilities, Move In READY FLEX PAYMENTS-NO LEASE REQ CALL NOW! 602-833-7334

3569

Phoenix-South Residential Rentals Ahwatukee Foothills, 24th St. & Pecos, 2 bdm, 2 bth, 1200 sqtf, 1 car grg, all apls + wsh/dry, gated cmty pool $1300 (408)-206-4321

3760

Phoenix-West Residential Rentals Thomas-72nd Dr., clean large 4 BR 2 BA, LR, Din Rm, nice porcelain tile, a/c, huge backyard, nr school & I 10. $1075/mo 623-872-0463

3766

Scottsdale Residential Rentals 1 DELUXE FURN’D PATIO HOME 3br/2ba/2cg Cactus& Hayden/Scotts Country Club Lake & Golf Course Frontage, Gates, Pool, Tennis Crt. Avail NOW! 303810-1651 or 303-332-2522

3787

55+ Living

INCREDIBLE PRICES!!

Tempe Luxury! Great Location! Starting at $1,005 San Portella 480-385-3075

1Br’s - $2,775, 2Br’s - $3,849 Renaissance Luxury Living in Sun Lakes Call 480-682-1499

3665

3790

Across From Intel 1Br’s - $845, 2Br’s - $1,020 Cornerstone Ranch 480-467-2940

Red Mtn area NICE 1 BR, 1BA resort style living, fireplace, pool, spa $825/mo Call or text 480-204-3257

3676

Phoenix-North Central Condo/ Townhome Rentals

4br 2 1/2ba, 1584 sq ft, ceiling fans, large 2 car garage cvrd patio no work truck parking outside $1300. 623-521-7984

3702

Phoenix-North Central Apartments GREAT MOVE-IN SPECIALS 4 pools/spas + 1 wading pool! 1 bdrm $751, 2 bdrm $855. Vaseo 602-748-1727

Furnished Rentals

Mesa Condo/ Townhome Rentals

2 BED $725!!

3500-3999 Riverfront home in Oregon Pine-vaulted ceilings Boat dock Fireplace Fruit trees and berries Large deck with spa overlooking river $295,000 541528-7653

Charming 2 BR House 42nd Pl & Ind Sc. Close to Shopping & Good Eating. No Pets /Smoking. Max 2 Very Clean (480)964-6169 (602)956-4449

3542

3336

Manufactured Homes For Sale Out of Arizona Real Estate

Phoenix Residential Rentals

Residential Rentals BEST LOCATION IN SCOTTSDALE! Three Weeks FREE! 1, 2 & 3 Bd’s from $1,150!

31st Av/Bell Darling 3br 2ba Crown Court 480.682.1988 pool, newer kit, frig, tile, newer carpt AZ rm, laundry CALL FOR GREAT SPECIALS! very clean, storage, lg yard Studios & 1 Br’s from $789 $1050 623-561-6917 Revival Scottsdale 480-478-1544

Timeshare - Idaho, 1 BR Tempe prime week, indoor pool, Apartments adjacent golf course, ski, ALL UTILITIES INCLUDED! remodeled, in the cool pines Rates as low as $785.66/mo.

Pets are welcome - BelCourt $750 928-515-3007 Campus Court Apartments (602) 648-9859 Walk to ASU, 1 Br $767, 2Br $870 and Casitas $950. Some NEW FURNISHED PHOENIX 3240 Util. Incl. 480-516-0433 APTS. Studio/1bdrm , weekly or Business monthly. FREE utilities, Move in Property for Sale today. Call now 480-447-8013 Coronado Apartments Call for current specials!

W/D IN EVERY APARTMENT! 1 & 2 Bed’s from $888 10 Bedroom Assistant Living 1 & 2 Bedrooms from $775. 480-327-4835 for sale! 9129 S. 48th Dr., Belleview Townhomes Laveen, AZ. 85339. 51st and Call 602-682-9657 FREE UTITILITIES. ON LIGHT Baseline., 602-348-7691 RAIL. 1 Br’s from $795* WEEK TO WEEK ARBOUR PARK, 1901 East Gas Station/Laundromat FURNISHED APARTMENTS Apache Blvd. 480-682-1990 near William, easy access, 3 Locations - 602-385-1204 $599K 928-667-2231 www.4RentWeekly.com

3199

3747

3560

DAILY SPECIALS! 1, 2 & 3 Bds from $858. Casitas w/ attached garages avail.

96th/Shea. BEAUTIFUL! Desert Sage 623-385-0132 1Br $965, 2Br $1065.

FREE water, sewer, trash.

Anacosta (480) 327-4828 3533

Peoria Apartments

4216 E. North LN. Cherokee, 3227 Cocopah, Chaparral! 3 bed 2 Time & Equity Bath plus AZ room. 2874 sf.

Sharing No HOA! RV Parking! 1/3 acre. High ceilings. 18’ porcelain floors t/o! $529,000. Sedona Gold Crown 2BR 2.5 Matt Nadler/HomeSmart BA Floating time, $5,000 by 602-695-6888. owner 480-838-2710

You’re in!

Phoenix-North Apartments

3201

Northern Arizona

Peoria Residential Rentals

Call for Great Specials!

1 BDR $9985, 2 BDR $1,225, 3BDR Avail. Pillar at Taviano - 480-422-5186

3528

3000-3311

3745

Phoenix-North Central Apartments

Tolleson Condo/ Townhome Rentals MOVE-IN TODAY! ONLY $219.05 + Deposit & fees. 623-385-0405 Siegel Suites Tolleson

FREE UTILITIES! NO LEASE. FURNISHED! Studios & 1Brs from $589. Stapley & Brdwy.

La Petite (480) 327-4840 Furnished Room for rent with bath, nice home in Chandler with privileges, free utilties and cable $600/mo Call 480-814-8664

3868

Resort and Vacation Rentals San Diego/Imperial Bch OCEANFRONT 2BR 2BA, luxury furn, $187 Daily 949-673-7793

Call 602-444-4444

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3527

Glendale Apartments

3533

Glendale Apartments

LEASING TOWNHOMES WITH ATTACHED GARAGES! Located inside Westgate City Center! • Granite counter tops • Black appliances • Cherry wood cabinetry • Washer/Dryers • 24 hour Fitness Center • Pet friendly

CALL FOR SPECIALS!

6610 N. 93rd Ave. Glendale, AZ 85305 623-385-0119

3533

Mesa Apartments

3554

Mesa Apartments

1 BEDROOMS FROM $725 Updated Apartments Available!

CALL FOR GREAT MOVE-IN SPECIALS! WATER, SEWER & TRASH INCLUDED!

DARTMOOR APARTMENTS 310 N. ALMA SCHOOL RD., MESA, AZ 85201

480-327-4849

3554

3554

Phoenix-West Apartments

San Marina Check Us Out For Our SUMMER DEALS! Free After School Learning Center

Phoenix-West Apartments

399 MOVE-IN

$

SPECIAL

1 Bedrooms from $599 2 Bedrooms from $709 2 Bedroom/2 Bath from $769 7002 W. Indian School Phoenix, AZ 85033

623-792-9117

3554

Phoenix-West Apartments

1Brs from $719 2Brs from $789 $

249 MOVE-IN* oac

FREE RENT

3569

Phoenix-West Apartments

3569

Tempe Apartments

Sonoma Sol (623) 209-7423 6231 W. McDowell Road, Phoenix Se Habla EspaĂąol. *Prices subject to change

Tempe Apartments

$399 Move-In Special! oac.

Free Water, Sewer, Trash.

Full-Size W/D in Every Apt.

APP FEE WAIVED - VISIT TODAY! AR-0008781820-01

3527

LIGHT RAIL

STOP #25

Arbour Park 1901 E. Apache Blvd., Tempe, AZ

480-682-1990 Free Utilities!