NOT LISTED FOR SALE

Estimated Value: $1,088,271 - $1,314,000

2 Beds
2.5 Baths
2,211 Sq Ft
$548/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $930,000 $421 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,766/month

Highlights

  • Gated Community
  • Waterfront
  • 1 Fireplace
  • Laguna Elementary School Rated A
  • Community Lake
  • Granite Countertops

About This Home

As of June 2021

Waterfront home located in gated cul-de-sac community! This lake front property offers a desirable open great room with vaulted ceilings, travertine tile, tons of natural light and designer-built ins. Beautiful kitchen features granite countertops, slate backsplash, pendant lighting, stainless steel appliances, large island, spacious pantry, skylight and generous cabinet space. Both bedrooms offer custom closets and exquisite en suite bathrooms. Owner's suite includes tub and shower and glass sliding door access to a private patio. Backyard offers turf putting green, pavers, mechanical awning, and a deck perfect for a boat!

Last Agent to Rent the Property

Benjamin Ellis

E & G Real Estate Services License #BR629130000 Listed on: 04/13/2021

Last Renter's Agent

David Pickett

E & G Real Estate Services License #SA655112000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,830

Year Built

  • Built in 1986

Lot Details

  • 7,479 Sq Ft Lot
  • Waterfront
  • Desert faces the front of the property
  • Private Streets
  • Wrought Iron Fence
  • Artificial Turf
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,211 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Laguna Elementary School
  • Mountainside Middle School

Utilities

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

Listing and Financial Details

  • Property Available on 4/13/21
  • $150 Move-In Fee
  • Rent includes gardening service
  • 12-Month Minimum Lease Term
  • Tax Lot 17
  • Assessor Parcel Number 217-49-414

Community Details

Overview

  • Property has a Home Owners Association
  • Monterey Point HOA, Phone Number (480) 355-1190
  • Built by COSTAIN
  • Monterey Point Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,830

Year Built

Built in 1986

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Gardening Service
  • Available Date: 2021-04-13

Listing Details

  • Cross Street: Shea and Lakeview
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Rental Info H O A Name: MONTEREY POINT HOA
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.75
  • Initial Move In Costs Admin Fee: 150.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: Shea East to Lakeview, South on Lakeview to 3rd right
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Monterey Point
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2211.0
  • Stories: 1
  • Window Features: Skylight(s), Solar Screens
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Private Street(s)
  • Lot Features: Desert Front, Grass Front, Synthetic Grass Back
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access, Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Gated
  • Association Name: MONTEREY POINT HOA
  • Phone: 480-355-1190
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

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

Lot Info

  • Lot Size Sq Ft: 7479.0
  • Parcel #: 217-49-414

Building Info

  • Builder Name: COSTAIN

Tax Info

  • Tax Book Number: 217.00
  • Tax Lot: 17
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 1, 2021
Sold by
Bhavnani Pritam K and Bhavnani Neela
Bought by
Friedman David W and Friedman Gail V
Seller's Agent
Dave Patterson
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Bryce Schotz
Compass
List Price
$945,000
Sold Price
$930,000
Premium/Discount to List
-$15,000
-1.59%
Current Estimated Value
$1,211,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,318
Avg. Annual Appreciation
6.05%
Original Mortgage
$480,000
Outstanding Balance
$431,976
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$779,342

Purchase Details

Closed on
Nov 27, 2012
Sold by
Bhavnani Neela M and Bhavnani Pritam K
Bought by
Bhavnani Pritam K and Bhavnani Neela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2012
Sold by
Dwyer Roberta T
Bought by
Bhavnani Pritam K and Bhavnani Neela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2008
Sold by
Dwyer Roberta T
Bought by
Dwyer Roberta T and Survivor Trust U/A Dwyer Revocable Trust

Purchase Details

Closed on
May 23, 1994
Sold by
Dwyer Robert W and Dwyer Roberta T
Bought by
Dwyer Robert W and Dwyer Roberta T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 1994
Sold by
Coscan Arizona Inc
Bought by
Dwyer Robert and Dwyer Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Friedman David W $930,000 Wfg National Title Ins Co
Bhavnani Pritam K -- None Available
Bhavnani Pritam K $535,000 Us Title Agency Llc
Dwyer Roberta T -- None Available
Dwyer Robert W -- --
Dwyer Robert $195,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman David W $480,000
Previous Owner Bhavnani Pritam K $417,000
Previous Owner Dwyer Robert $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2021 06/01/21 Rented $3,800 -4.9% --
05/13/2021 05/13/21 Price Changed $3,995 -7.1% $2 / Sq Ft
05/05/2021 05/05/21 Price Changed $4,300 -4.4% $2 / Sq Ft
04/13/2021 04/13/21 For Rent $4,500 0.0% --
04/06/2021 04/06/21 Sold $930,000 -1.6% $421 / Sq Ft View Prior Sale
03/01/2021 03/01/21 For Sale $945,000 -- $427 / 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 $3,830 $74,088 -- --
2024 $4,955 $70,560 -- --
2023 $4,955 $81,320 $16,260 $65,060
2022 $4,701 $66,560 $13,310 $53,250
2021 $4,995 $62,180 $12,430 $49,750
2020 $4,951 $58,300 $11,660 $46,640
2019 $4,778 $55,510 $11,100 $44,410
2018 $4,626 $55,110 $11,020 $44,090
2017 $3,831 $53,270 $10,650 $42,620
2016 $3,745 $52,160 $10,430 $41,730
2015 $3,562 $50,010 $10,000 $40,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6220807

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-49-414