Wednesday, March 7, 2007

Last week’s biggest real estate deals in the Valley

Author: Skia
Category: Real Estate

A CEO of an investment management group, a real estate broker, a real estate investor and a Canadian executive are among the buyers and sellers in this week’s priciest homedone deals.

$8,800,000.

Larry P. Clemmensen, as trustee of the Larry P. Clemmensen Living Trust, paid cash for a home in the Jokake Camelback area of Paradise Valley north of the Phoenician Golf Club. The 3,138-square-foot home was sold by Rhonda N. Liepman and Diana S. Marchildon, as co-trustees of the Disclaimed Property Trust, created under the Marchildon Revocable Living Trust, and Betty Ellen Marchildon, as trustee of the Marchildon Revocable Living Trust. The house also has a 544-square-foot pool originally built in 1951 and features four bedrooms and 2 1/2 bathrooms on 4½ half acres. advertisement 
 
Clemmensen is president and CEO of the Capital Group Companies, rated No. 20 on the Forbes list of largest private companies, based on mutual fund assets.

$4,750,000.

Malcolm E. Boswell and Cathy L. Boswell sold their home in the MacDonald Acres Area of Paradise Valley just west of Mountain Shadows Golf Club. The 4,896-square-foot home with 1,071-square-foot pool, originally built in 2001, was purchased for cash by HBA Inc. of Scottsdale.

$4,702,732.

Jonathan Tratt of Phoenix purchased a new home in the Ward Estates area of Paradise Valley east of the Arizona Biltmore Golf Course. Calvis Wyant Homes of Scottsdale built and sold the property. Tratt is a real estate investor from Paradise Valley. He represented former Congressman J.D. Hayworth last year at a candidate forum organized by the National Council of Jewish Women. Attendees took offense to some of the Tratt’s statements, which they said questioned their faith.

$2,775,000.

Kenneth L. Campbell and his wife, Diane, of New York paid cash for a home in the Desert Mountain Area of Scottsdale west of the Desert Mountain-Outlaw Golf Course.

Richard A. Grafton of Grafton Capital Corp. in Calgary, Canada, sold the 4,543-square-foot home with 400-square-foot pool originally built in 2001.

$2,650,000.

John Douglas Peters of Phoenix bought a home in Lombardi Estates area of Scottsdale southeast of the Phoenician Golf Club. The 5,028-square-foot house, originally built in 1994, was sold by David A. Leyvas and his wife, Tiffanie.

Leyvas is a Phoenix real estate broker who has helped Home Depot locate its stores in Phoenix and other Western cities for over 20 years.

Source:
http://www.azcentral.com/arizonarepublic/business/articles/0307biz-donedeals0307.html

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