NOT LISTED FOR SALE

Estimated Value: $735,894 - $817,000

4 Beds
2 Baths
2,293 Sq Ft
$336/Sq Ft Est. Value

Last Sold June 19, 2013

Last sale price $325,000 $142 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $4,488/month

9 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • 1 Fireplace
  • Mercury Mine Elementary School Rated A
  • 0.26 Acre Lot
  • Granite Countertops

About This Home

As of June 2013

Outstanding family home has just been renovated and updated with pleasing neutral colors. Striking 20 in. tile in the living areas, plush new carpet in bedrooms, fresh paint both inside and out, new fixtures, lighting, hardware and ceiling fans. New dual pane windows. Gourmet kitchen features new stainless steel appliances, new microwave, range and dishwasher, slab granite counter tops, new cabinets, lighting and faucets. Baths have new granite countertops, new mirrors, lighting, sinks and hardware. Cozy fireplace. Large sparkling pool and low maintenance yard. Separate workshop. Sought after schools. Close to the 101, the 51, restaurants, shopping and all that Desert Ridge, Kierland and the North Scottsdale areas have to offer.

Last Listed By

Christopher Aepli

HomeSmart License #BR545272000 Listed on: 05/07/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,672

Year Built

  • Built in 1972

Lot Details

  • 0.26 Acre Lot
  • Block Wall Fence

Parking

  • 2 Car Garage
  • RV Gated

Home Design

  • Composition Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,293 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Laundry in unit

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Private Pool
  • Covered patio or porch

Schools

  • Mercury Mine Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Shea Foothills Subdivision

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 166-35-120

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,672

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Shea Blvd and 40th St
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1972
  • Tax Year: 2012
  • Directions: North on 40th St, west on Desert Cove Ave, north on 38th St
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.26
  • Subdivision Name: Shea Foothills
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Kitchen Island, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 2293.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition, Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Mercury Mine Elementary School
  • High School: Shadow Mountain High School
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11540.0
  • Parcel #: 166-35-120
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1672.4
  • Tax Book Number: 166.00
  • Tax Lot: 87
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2013
Closed on
Jun 17, 2013
Sold by
Fml Emerald Homes Llc
Bought by
Leister David A and Leister Elizabeth C
Seller's Agent
Christopher Aepli
HomeSmart
Buyer's Agent
Candy Jenkins
Coldwell Banker Realty
List Price
$349,950
Sold Price
$325,000
Premium/Discount to List
-$24,950
-7.13%
Total Days on Market
9
Current Estimated Value
$771,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,474
Avg. Annual Appreciation
7.20%
Original Mortgage
$236,000
Outstanding Balance
$61,718
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$682,818

Purchase Details

Listed on
Jan 10, 2013
Closed on
Feb 15, 2013
Sold by
Capital One Na
Bought by
Fml Emerald Homes Llc
Seller's Agent
Michael H. Rose
Coldwell Banker Realty
Buyer's Agent
Christopher Aepli
HomeSmart
List Price
$209,900
Sold Price
$213,500
Premium/Discount to List
$3,600
1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
271.76%
Original Mortgage
$191,695
Interest Rate
3.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 5, 2012
Sold by
Sayki Arpine
Bought by
Ing Bank Fsb

Purchase Details

Closed on
Aug 7, 2007
Sold by
Sayki Arpine
Bought by
Sayki Arpine and Mardirossian Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
6.74%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 2, 2007
Sold by
Mardirossian Jenny
Bought by
Sayki Arpine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
6.74%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 16, 2006
Sold by
Sayki Arpine
Bought by
Sayki Arpine and Mardirossian Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.28%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 9, 2005
Sold by
Sayki Arpine
Bought by
Sayki Arpine and Mardirossian Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 27, 2004
Sold by
Sayki Arpine
Bought by
Sayki Arpine and Mardirossian Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,573
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 15, 2004
Sold by
Mardirossian Jenny
Bought by
Sayki Arpine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,573
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 7, 2003
Sold by
Sayki Arpine
Bought by
Sayki Arpine and Mardirossian Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 14, 2003
Sold by
Mardirossian Jenny
Bought by
Sayki Arpine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 26, 1999
Sold by
Sayki Ardine
Bought by
Mardirossian Jenny

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
Leister David A $325,000 Stewart Title & Trust Of Pho
Fml Emerald Homes Llc $213,500 Equity Title Agency Inc
Ing Bank Fsb $423,259 None Available
Sayki Arpine -- Empire Title Agency Az Llc
Sayki Arpine -- Empire Title Agency Az Llc
Sayki Arpine -- Camelback Title Agency Llc
Sayki Arpine -- Camelback Title Agency Llc
Sayki Arpine -- Camelback Title Agency Llc
Sayki Arpine -- --
Sayki Arpine -- Transnation Title
Sayki Arpine -- Transnation Title Insurance
Sayki Arpine -- Transnation Title Insurance
Mardirossian Jenny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leister David A $236,000
Previous Owner Fml Emerald Homes Llc $191,695
Previous Owner Sayki Arpine A $69,400
Previous Owner Sayki Arpine A $46,200
Previous Owner Sayki Arpine $370,400
Previous Owner Sayki Arpine $77,000
Previous Owner Sayki Arpine $296,000
Previous Owner Sayki Arpine $28,573
Previous Owner Sayki Arpine $209,000
Previous Owner Sayki Arpine $42,400
Previous Owner Sayki Arpine $169,600
Closed Sayki Arpine $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2013 06/19/13 Sold $325,000 -7.1% $142 / Sq Ft
05/16/2013 05/16/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $349,950 +63.9% $153 / Sq Ft
02/22/2013 02/22/13 Sold $213,500 0.0% $93 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
01/14/2013 01/14/13 Off Market $213,500 -- --
01/10/2013 01/10/13 For Sale $209,900 -- $92 / 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 $2,529 $29,970 -- --
2024 $2,471 $28,543 -- --
2023 $2,471 $48,780 $9,750 $39,030
2022 $2,448 $37,360 $7,470 $29,890
2021 $2,488 $34,220 $6,840 $27,380
2020 $2,403 $33,150 $6,630 $26,520
2019 $2,414 $31,320 $6,260 $25,060
2018 $2,326 $30,480 $6,090 $24,390
2017 $2,221 $29,220 $5,840 $23,380
2016 $2,186 $28,910 $5,780 $23,130
2015 $2,028 $26,600 $5,320 $21,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4932807

Arizona Regional Multiple Listing Service (ARMLS)

APN: 166-35-120