NOT LISTED FOR SALE

Estimated Value: $894,102 - $1,225,000

2 Beds
2 Baths
1,632 Sq Ft
$683/Sq Ft Est. Value

Last Sold April 23, 2019

Last sale price $657,500 $403 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,454/month

64 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Vaulted Ceiling
  • Laguna Elementary School Rated A
  • Community Lake
  • Wood Flooring

About This Home

As of April 2019

HUGE PRICE REDUCTION! Captivating lakefront home on beautiful Lake Serena with a stylish European flair. Very private home w/ lush landscaping and high demand open floorplan in Monterey Point. No matter where you venture you will feel like you are in a Tuscan luxury villa. Quiet master suite with view to private patio area. Beautiful French doors & wood shutters throughout. Inviting outdoor patio with new boat dock & access to the lake. Countless updates including granite countertops, picturesque windows, well-designed enclosed den, wood plank flooring in bedrooms & Epoxy flooring & additional cabinetry in garage. Wonderful views of Lake Serena with private courtyard at entry. Fantastic location in gated community in the heart of Scottsdale...close to parks, paths, restaurants & shopping!

Last Agent to Sell the Property

Lisa Adam Blair

HomeSmart License #SA643621000 Listed on: 01/23/2019

HomeSmart

Last Buyer's Agent

Tony Mastricola

Jason Mitchell Real Estate License #SA554888000

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,533

Year Built

  • Built in 1986

Lot Details

  • 7,598 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 217-49-417

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint
  • Az Cms Association, Phone Number (480) 355-1190
  • Scottsdale Ranch Association, Phone Number (480) 860-2022
  • Association Phone (480) 860-2022
  • Built by Costain
  • Monterey Point Replat Lot 1 22 Tr A C Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,533

Year Built

Built in 1986

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Cross Street: Shea and Lakeview
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Scottsdale Ranch
  • HOA #2 Phone Number: 480-860-2022
  • HOA #2 Transfer Fee: 150.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 264.75
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2011
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2012
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2013
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2011
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2010
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2015
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1986
  • Tax Year: 2018
  • Directions: Shea Blvd to Lakeview, turn right or south. Go to third gate on right which is 103rd Street in Monterey Point subdivision.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: MONTEREY POINT REPLAT LOT 1-22 TR A-C
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 233.5
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, No Interior Steps, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1632.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s), Private Yard
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Gated, Near Bus Stop, Tennis Court(s), Biking/Walking Path
  • Association #2 Fee: 375.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 233.5
  • Association Fee Frequency: Monthly
  • Association: Scottsdale Ranch
  • Association Name: AZ CMS
  • Association Phone #2: 480-860-2022
  • Phone: 480-355-1190
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: AZ CMS
  • Association Fees:HOA Telephone4: 480-355-1190
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 375.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Front Yard 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: 7598.0
  • Parcel #: 217-49-417

Building Info

  • Builder Name: Costain

Tax Info

  • Tax Annual Amount: 3533.0
  • Tax Book Number: 217.00
  • Tax Lot: 20
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Apr 22, 2019
Sold by
Bell Stephen L and Laurine Bell E
Bought by
Bell Family Trust
Seller's Agent
Lisa Adam Blair
HomeSmart
Buyer's Agent
Tony Mastricola
Jason Mitchell Real Estate
List Price
$720,000
Sold Price
$657,500
Premium/Discount to List
-$62,500
-8.68%
Current Estimated Value
$1,114,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,776
Avg. Annual Appreciation
8.51%

Purchase Details

Listed on
Jan 23, 2019
Closed on
Apr 11, 2019
Sold by
S W Olason Revocable Trust
Bought by
Bell Stephen L and Laurine Bell E
Seller's Agent
Lisa Adam Blair
HomeSmart
Buyer's Agent
Tony Mastricola
Jason Mitchell Real Estate
List Price
$720,000
Sold Price
$657,500
Premium/Discount to List
-$62,500
-8.68%

Purchase Details

Closed on
Feb 23, 2016
Sold by
Olason Sheila W
Bought by
Olason Sheila W and The S W Olason Revocable Trust

Purchase Details

Listed on
Aug 22, 2012
Closed on
Oct 27, 2012
Sold by
Olason William Lloyd
Bought by
Olason Sheila W
Seller's Agent
Kim Baker
Russ Lyon Sotheby's International Realty
Buyer's Agent
Tsutsumi Lambrecht
Realty Executives Arizona Territory
List Price
$595,000
Sold Price
$527,600
Premium/Discount to List
-$67,400
-11.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%

Purchase Details

Listed on
Aug 22, 2012
Closed on
Oct 17, 2012
Sold by
Farrar Stephen D and Farrar Diana F
Bought by
Oalason Sheila W
Seller's Agent
Kim Baker
Russ Lyon Sotheby's International Realty
Buyer's Agent
Tsutsumi Lambrecht
Realty Executives Arizona Territory
List Price
$595,000
Sold Price
$527,600
Premium/Discount to List
-$67,400
-11.33%

Purchase Details

Closed on
Nov 4, 2010
Sold by
Holland Steven
Bought by
Farrar Stephen D and Farrar Diana F

Purchase Details

Closed on
Oct 14, 2002
Sold by
Holland Ruth W
Bought by
Holland Ruth Waldram and The Yale B & Ruth Waldram Holland Trust

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
6.28%

Purchase Details

Closed on
Mar 21, 2001
Sold by
Lurken Leslie
Bought by
Holland Ruth Waldram and The Yale B & Ruth Waldram Holland Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,900
Interest Rate
7.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 31, 2000
Sold by
Levine Robert S and Levine Margaret L
Bought by
Lurken Leslie

Purchase Details

Closed on
Apr 5, 1994
Sold by
Coscan Arizona Inc
Bought by
Levine Robert S and Levine Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,600
Interest Rate
8.3%
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
Bell Family Trust -- Equity Title Agency Inc
Bell Stephen L $657,500 Equity Title Agency Inc
Olason Sheila W -- None Available
Olason Sheila W -- First American Title Ins Co
Oalason Sheila W $527,600 First American Title Ins Co
Farrar Stephen D $455,000 Fidelity Natl Title Ins Co
Holland Ruth Waldram -- --
Holland Ruth W -- Fidelity National Title
Holland Ruth Waldram $384,900 Fidelity National Title
Lurken Leslie $325,000 Chicago Title Insurance Co
Levine Robert S $169,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holland Ruth W $100,000
Previous Owner Holland Ruth Waldram $234,900
Previous Owner Levine Robert S $135,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2019 04/23/19 Sold $657,500 -4.0% $403 / Sq Ft
03/21/2019 03/21/19 Price Changed $685,000 -2.0% $420 / Sq Ft
03/07/2019 03/07/19 Price Changed $699,000 -1.5% $428 / Sq Ft
02/27/2019 02/27/19 Price Changed $710,000 -1.4% $435 / Sq Ft
01/23/2019 01/23/19 For Sale $720,000 +36.5% $441 / Sq Ft
10/30/2012 10/30/12 Sold $527,600 -7.3% $323 / Sq Ft View Prior Sale
10/15/2012 10/15/12 Price Changed $569,000 -4.4% $349 / Sq Ft
08/22/2012 08/22/12 For Sale $595,000 -- $365 / 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 $3,093 $63,494 -- --
2024 $4,246 $60,470 -- --
2023 $4,246 $70,550 $14,110 $56,440
2022 $4,029 $57,570 $11,510 $46,060
2021 $4,280 $53,450 $10,690 $42,760
2020 $4,243 $50,100 $10,020 $40,080
2019 $4,094 $47,380 $9,470 $37,910
2018 $3,533 $47,160 $9,430 $37,730
2017 $3,333 $45,070 $9,010 $36,060
2016 $3,267 $44,020 $8,800 $35,220
2015 $3,139 $41,980 $8,390 $33,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5872068

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-49-417