NOT LISTED FOR SALE

Estimated Value: $1,519,000 - $1,602,425

4 Beds
3.5 Baths
3,640 Sq Ft
$431/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $700,000 $192 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $8,866/month

208 Days on Market

Highlights

  • Play Pool
  • Gated Community
  • Vaulted Ceiling
  • Laguna Elementary School Rated A
  • 0.55 Acre Lot
  • 1 Fireplace

About This Home

As of July 2018

This home is vacant on lock box and ready to show. . New AC on North side, summer 2017, South side, 2011. The home has 4 bedrooms, 3.5 baths with a 3 plus car garage on large lot . The garage is extra deep and could possibly hold 6 cars Like a tandem garage. This is a one owner home,(CUSTOM BUILT) SPACIOUS OPEN,SPLIT FLOWING FLOOR PLAN, gated community, large lots and close to everything.PLUS.(Two crystal Chandeliers).In dinning room!& entrance! Seller paid $5.000, for pest control plan, that stays with the property!! Has a great pool to enjoy!! This is a keeper!! JUST REDUCED.$50,000.00

Owners motivated and wants to sell so bring all offers....let's sell this home.

Last Agent to Sell the Property

Loran Marshall

Fathom Realty Elite License #SA022080000 Listed on: 10/25/2017

Fathom Realty Elite

Last Buyer's Agent

Angela Vineyard

Realty ONE Group License #SA541301000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,004

Year Built

  • Built in 1995

Lot Details

  • 0.55 Acre Lot
  • Desert faces the front of the property
  • Private Streets
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,640 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • 1 Fireplace
  • Carpet

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms

Outdoor Features

  • Play Pool
  • Covered Patio or Porch

Schools

  • Laguna Elementary School
  • Mountainside Middle School
  • Desert Mountain High School

Utilities

  • Central Air
  • Heating Available
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 217-33-177

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • First Service Res Association, Phone Number (480) 551-4300
  • Built by CUSTOM
  • Montana Ranch Lot 62 Subdivision

Recreation

  • Tennis Courts
  • Community Playground

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,004

Year Built

Built in 1995

Lot Details

0

HOA Fees

$180 per month

Parking

3

Listing Details

  • Cross Street: 120th St South of Shea
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 180.0
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2008
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2017
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2017
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.55
  • Subdivision Name: MONTANA RANCH LOT 62
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 192.3
  • Association Fees:HOA Fee2: 180.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: Other, 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 3640.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s)
  • Lot Features: Desert Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Circular Driveway
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Tennis Court(s), Playground
  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association Name: First Service Res
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: First Service Res
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Laguna Elementary School
  • High School: Desert Mountain High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mountainside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24057.0
  • Parcel #: 217-33-177

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Annual Amount: 5004.0
  • Tax Book Number: 217.00
  • Tax Lot: 62
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Jul 10, 2018
Sold by
Fregeau Meagan L and Killion Courtney A
Bought by
Martin Wendi and Adams John
Seller's Agent
Loran Marshall
Fathom Realty Elite
Buyer's Agent
Angela Vineyard
Realty ONE Group
List Price
$829,000
Sold Price
$700,000
Premium/Discount to List
-$129,000
-15.56%
Current Estimated Value
$1,589,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$889,098
Avg. Annual Appreciation
11.50%
Original Mortgage
$544,000
Outstanding Balance
$471,457
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,098,685

Purchase Details

Closed on
Dec 31, 2012
Sold by
Rakes Carol A and Rakes Family Trust
Bought by
Rakes Carol A and Rakes Family Trust

Purchase Details

Closed on
May 1, 2008
Sold by
Rakes Nyman Turner and Rakes Carol Ann
Bought by
Rakes Nyman T and Rakes Carol A

Purchase Details

Closed on
Sep 23, 1994
Sold by
Tcr Montana Ranch Ltd Partnership
Bought by
Rakes Nyman Turner and Rakes Carol Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,700
Interest Rate
9.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martin Wendi $680,000 Equity Title Agency Inc
Rakes Carol A -- None Available
Rakes Nyman T -- None Available
Rakes Nyman Turner $37,900 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Wendi $544,000
Previous Owner Rakes Nyman Turner $315,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $700,000 -6.7% $192 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/05/2018 05/05/18 Price Changed $750,000 -6.3% $206 / Sq Ft
01/23/2018 01/23/18 Price Changed $800,000 -3.5% $220 / Sq Ft
10/25/2017 10/25/17 For Sale $829,000 -- $228 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,036 $83,670 -- --
2024 $4,996 $79,686 -- --
2023 $4,996 $99,780 $19,950 $79,830
2022 $4,709 $76,670 $15,330 $61,340
2021 $5,041 $71,020 $14,200 $56,820
2020 $4,991 $67,710 $13,540 $54,170
2019 $4,795 $67,630 $13,520 $54,110
2018 $4,624 $63,050 $12,610 $50,440
2017 $5,004 $60,460 $12,090 $48,370
2016 $4,906 $57,530 $11,500 $46,030
2015 $4,670 $54,980 $10,990 $43,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5679296

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-33-177