NOT LISTED FOR SALE

11488 W Madisen Ellise Dr Surprise, AZ 85378

Estimated Value: $356,924 - $371,000

4 Beds
2 Baths
1,535 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $135,000 $88 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,149/month

60 Days on Market

Highlights

  • Vaulted Ceiling
  • Heating Available
  • 1-Story Property
  • Carpet
  • Bathtub With Separate Shower Stall

About This Home

As of December 2013

INVESTOR SPECIAL!!! Regular sale in great shape with a great long term tenant in the property. No fix up or lease expense!!! Great home in gated community close the city. Awesome great room floor plan with vaulted ceiling. Showings will be available during inspection period. Drive by for now please. This one is in great shape!! Lease ends on 7/2014, $900+taxes per month.

Last Agent to Sell the Property

Jason Poyner

Phoenix Property Group License #BR543102000 Listed on: 09/27/2013

Last Buyer's Agent

Ronald Katzke

Phoenix Property Group License #SA631814000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $925

Year Built

  • Built in 2005

Lot Details

  • 5,146 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front Yard Sprinklers

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,535 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Bathtub With Separate Shower Stall

Schools

  • Zuni Hills Elementary School
  • Raymond S. Kellis High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Osselaer Association, Phone Number (480) 551-4300
  • Canyon Ridge West Association, Phone Number (602) 277-4418
  • Association Phone (602) 277-4418
  • Built by D R Horton
  • Canyon Ridge West Parcel 5 Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 200-13-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$925

Year Built

Built in 2005

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Cross Street: Union Hills Drive & 114th Avenue
  • Legal Info Range: 1E
  • Property Type: Residential
  • HOA #2 Fee: 40.0
  • HOA #2 Name: Canyon Ridge West
  • HOA #2 Phone Number: 602-277-4418
  • HOA #2 Transfer Fee: 200.0
  • 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: 50.51
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2012
  • Directions: Union Hills to 114th Avenue, South to Eden Mckensie Drive, West to 114th Avenue, South to Madisen Ellise Drive, West to property.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.12
  • Subdivision Name: CANYON RIDGE WEST PARCEL 5
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 126.23
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Vinyl
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1535.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Desert Front
  • Pool Features: None
  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Other, Management
  • Association #2 Fee: 40.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Annually
  • Association: Canyon Ridge West
  • Association Name: Canyon Ridge West
  • Association Phone #2: 602-277-4418
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 176.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Canyon Ridge West
  • Association Fees:HOA Telephone4: 480-551-4300
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: FirstService Res
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:HOA Management Company 2: Osselaer
  • Association Fee Incl:Other (See Remarks)5: Yes

Schools

  • Elementary School: Zuni Hills Elementary School
  • High School: Raymond S. Kellis
  • Middle Or Junior School: Zuni Hills Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5146.0
  • Parcel #: 200-13-056
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: D R Horton

Tax Info

  • Tax Annual Amount: 925.0
  • Tax Book Number: 200.00
  • Tax Lot: 38
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Slipstream Ventures Llc
Bought by
Reichmann Wayne K and Reichmann Shelly S
Current Estimated Value
$364,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Outstanding Balance
$70,845
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$293,116

Purchase Details

Closed on
Jan 9, 2015
Sold by
Reichman Wayne K and Reichmann Shelly S
Bought by
Slipstream Ventures Llc

Purchase Details

Listed on
Sep 27, 2013
Closed on
Nov 25, 2013
Sold by
Lee Aaron J
Bought by
Reichmann Wayne K and Reichmann Shelly S
Seller's Agent
Jason Poyner
Phoenix Property Group
Buyer's Agent
Ronald Katzke
Phoenix Property Group
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$101,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2012
Sold by
Lee Aaron J
Bought by
Lee Aaron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2010
Sold by
Donovan Shaun
Bought by
Lee Aaron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,440
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2010
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of The Department Of Housing &

Purchase Details

Closed on
Apr 9, 2010
Sold by
Garcia Lynnette Kay
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 27, 2005
Sold by
D R Horton Inc Dietz Crane
Bought by
Garcia Lynnette Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Reichmann Wayne K -- First American Title Ins Co
Slipstream Ventures Llc -- None Available
Reichmann Wayne K $135,000 First American Title Ins Co
Lee Aaron J -- First American Title
Lee Aaron J -- Grand Canyon Title Agency
Secretary Of The Department Of Housing & -- First American Title Ins Co
Wells Fargo Bank Na $225,807 Accommodation
Garcia Lynnette Kay $193,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichmann Wayne K $91,500
Previous Owner Reichmann Wayne K $101,250
Previous Owner Lee Aaron J $106,500
Previous Owner Lee Aaron J $71,440
Previous Owner Garcia Lynnette Kay $212,135
Previous Owner Garcia Lynnette Kay $155,000
Closed Garcia Lynnette Kay $38,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2013 12/27/13 Sold $135,000 0.0% $88 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
10/26/2013 10/26/13 Off Market $135,000 -- --
09/27/2013 09/27/13 For Sale $139,900 0.0% $91 / Sq Ft
08/01/2012 08/01/12 Rented $900 -2.7% --
07/30/2012 07/30/12 Under Contract -- -- --
07/06/2012 07/06/12 For Rent $925 -- --
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 $1,442 $13,490 -- --
2024 $1,386 $12,847 -- --
2023 $1,386 $25,910 $5,180 $20,730
2022 $1,217 $19,960 $3,990 $15,970
2021 $1,272 $18,380 $3,670 $14,710
2020 $1,282 $16,880 $3,370 $13,510
2019 $1,249 $15,230 $3,040 $12,190
2018 $1,213 $14,010 $2,800 $11,210
2017 $1,263 $13,010 $2,600 $10,410
2016 $1,130 $11,400 $2,280 $9,120
2015 $1,176 $10,980 $2,190 $8,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5005932

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-13-056