NOT LISTED FOR SALE

Estimated Value: $1,127,432

2 Beds
2.5 Baths
1,836 Sq Ft
$614/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $475,000 $259 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $6,489/month

813 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Vaulted Ceiling
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • Wood Flooring

About This Home

As of June 2018

The perfect lock and leave home. This Sonoran Cottage shows like it just fell out of the Pottery Barn catalogue. With Hickory wood floors in the great room and the two suites to the freshly painted interior, this cottage is truly one of a kind. In the last few years, the current owners have installed a new roof, new pebble teck for the spa, new appliances in the kitchen and laundry room, new hardware in the kitchen and bathrooms and an RO system. Easy walk to the Sonoran Fitness Center-must be member to enjoy. Enjoy the city light and mountain views from the south facing patio complete with fireplace and spa. Most furniture and furnishings available via separate bill of sale. Equity Golf Membership also available from seller via separate bill of sale.

Last Agent to Sell the Property

Kirk Marshall

Russ Lyon Sotheby's International Realty License #SA530964000 Listed on: 03/04/2016

Russ Lyon Sotheby's International Realty

Co-Listed By

Keith Marshall

Russ Lyon Sotheby's International Realty License #SA507375000

Last Buyer's Agent

Kirk Marshall

Russ Lyon Sotheby's International Realty License #SA530964000 Listed on: 03/04/2016

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,678

Year Built

  • Built in 1995

Lot Details

  • 9,864 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Santa Fe Architecture
  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,836 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 3 Fireplaces
  • Mountain Views
  • Fire Sprinkler System

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 7
  • Assessor Parcel Number 219-11-952

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Desert Mountain Association, Phone Number (480) 635-5600
  • Built by Weitz
  • Desert Mountain Phase 2 Unit Twelve Part One Subdivision

Recreation

  • Bike Trail

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,678

Year Built

Built in 1995

Lot Details

0

HOA Fees

$333 per month

Parking

2

Listing Details

  • Cross Street: Pima/Cave Creek
  • 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: 333.05
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: Pima north to Cave Creek, go east one mile to Desert Mountain on the left.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: Desert Mountain Phase 2 Unit twelve Part One
  • Architectural Style: Other (See Remarks), Territorial/Santa Fe
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1998.3
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 3+ Fireplace
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Fire Sprinklers, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1836.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 1998.3
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain
  • Phone: 480-635-5600
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Desert Mountain
  • Association Fees:HOA Telephone4: 480-635-5600
  • 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: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9864.0
  • Parcel #: 219-11-952
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Weitz

Tax Info

  • Tax Annual Amount: 2678.0
  • Tax Book Number: 219.00
  • Tax Lot: 7
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Jun 15, 2018
Sold by
Parks Jean M
Bought by
Parks Jean M and The Jean M Parks Revocable Tru
Seller's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
List Price
$595,000
Sold Price
$475,000
Premium/Discount to List
-$120,000
-20.17%
Total Days on Market
813
Current Estimated Value
$1,127,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,432
Avg. Annual Appreciation
12.63%
Original Mortgage
$350,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 4, 2016
Closed on
Jun 7, 2018
Sold by
Grand Az Investments Llc
Bought by
Parks Jean M
Seller's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
List Price
$595,000
Sold Price
$475,000
Premium/Discount to List
-$120,000
-20.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2009
Sold by
Aspenson Daniel L and Aspenson Susan A
Bought by
Grand Az Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2009
Sold by
Kovalick George K and Kovalick Susan M
Bought by
Aspenson Daniel L and Aspenson Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2005
Sold by
Larkin C Raymond and Larkin Mary Ann C
Bought by
Kovalick George K and Kovalick Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,800
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2003
Sold by
Cooper John F
Bought by
Larkin C Raymond and Larkin Mary Ann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 1997
Sold by
Cooper John F
Bought by
Cooper John F and John F Cooper Personal Residence Trust

Purchase Details

Closed on
Dec 2, 1996
Sold by
Goodman Jon O and Goodman Karolyn K
Bought by
Cooper John F and Cooper Mary I

Purchase Details

Closed on
Mar 7, 1994
Sold by
First American Title Insurance Company
Bought by
Goodman Jon O and Goodman Karolyn K
Source: Public Records

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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
Parks Jean M -- Accommodation
Parks Jean M $475,000 First Arizona Title Agency
Grand Az Investments Llc -- The Talon Group Kierland
Aspenson Daniel L $500,000 The Talon Group Kierland
Kovalick George K $661,000 Camelback Title Agency Llc
Larkin C Raymond $585,000 North American Title Co
Cooper John F -- --
Cooper John F -- --
Cooper John F $420,000 First American Title
Goodman Jon O $360,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grand Az Investments Llc $350,000
Previous Owner Aspenson Daniel L $400,000
Previous Owner Kovalick George K $528,800
Previous Owner Larkin C Raymond $409,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2018 06/27/18 Sold $475,000 -5.0% $259 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/17/2018 05/17/18 Price Changed $500,000 -4.8% $272 / Sq Ft
03/09/2018 03/09/18 Price Changed $525,000 -3.7% $286 / Sq Ft
08/20/2017 08/20/17 Price Changed $545,000 -8.4% $297 / Sq Ft
08/20/2017 08/20/17 For Sale $595,000 +25.3% $324 / Sq Ft
05/15/2017 05/15/17 Off Market $475,000 -- --
10/11/2016 10/11/16 Price Changed $595,000 -3.9% $324 / Sq Ft
03/04/2016 03/04/16 For Sale $619,000 -- $337 / 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 $2,062 $54,466 -- --
2024 $2,456 $51,872 -- --
2023 $2,456 $67,810 $13,560 $54,250
2022 $2,358 $51,610 $10,320 $41,290
2021 $2,619 $52,670 $10,530 $42,140
2020 $2,948 $47,270 $9,450 $37,820
2019 $2,859 $46,030 $9,200 $36,830
2018 $2,421 $44,030 $8,800 $35,230
2017 $2,678 $41,460 $8,290 $33,170
2016 $2,666 $40,460 $8,090 $32,370
2015 $2,521 $35,920 $7,180 $28,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5408023

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-952