NOT LISTED FOR SALE

11718 W Banff Ln El Mirage, AZ 85335

Estimated Value: $353,000 - $398,000

4 Beds
2 Baths
1,978 Sq Ft
$186/Sq Ft Est. Value

Last Sold May 16, 2013

Last sale price $132,000 $67 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $2,038/month

Highlights

  • Main Floor Primary Bedroom
  • Double Vanity
  • Central Air
  • Eat-In Kitchen
  • Tile Flooring
  • Ceiling Fan

About This Home

As of May 2015

This home is located at 11718 W Banff Ln, El Mirage, AZ 85335 since 19 April 2015 and is currently priced at $367,256. This property was built in 2004. 11718 W Banff Ln is a home located in Maricopa County with nearby schools including Thompson Ranch Elementary School, Desert Mirage Elementary School, and Arizona Charter Academy.

Last Agent to Rent the Property

Sue Hopkins

Preferred Property Consultants LLC License #SA534280000 Listed on: 04/19/2015

Last Renter's Agent

Sue Hopkins

Valley King Properties, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 5,040 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,978 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Bathrooms
  • Double Vanity

Schools

  • Thompson Ranch Elementary
  • Dysart High School

Utilities

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

Listing and Financial Details

  • Property Available on 5/14/15
  • 12-Month Minimum Lease Term
  • Tax Lot 75
  • Assessor Parcel Number 501-25-175

Community Details

Overview

  • Property has a Home Owners Association
  • Thompson Ranch Association, Phone Number (602) 957-9191
  • Thompson Ranch Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2015-05-14

Listing Details

  • Cross Street: GRAND AVE & THOMPSON RANCH RD
  • Legal Info Range: 1W
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Rental Info H O A Name: Thompson Ranch
  • Non Assistive Animals: Yes
  • Rental Info Rental Tax Percent: 3.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: THOMPSON RANCH
  • Property Attached Yn: Yes
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Washer Hookup: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm
  • Living Area: 1978.0
  • Stories: 2
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Name: Thompson Ranch
  • Phone: 602-957-9191
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Elementary School: Thompson Ranch Elementary
  • High School: Dysart High School
  • Junior High Dist: Dysart Unified District
  • Middle Or Junior School: Thompson Ranch Elementary

Lot Info

  • Lot Size Sq Ft: 5040.0
  • Parcel #: 501-25-175

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 501.00
  • Tax Lot: 75
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2018
Sold by
2018 1 Ih Borrower Lp
Bought by
2018 1 Ih Borrower Lp
Current Estimated Value
$367,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,571,000
Outstanding Balance
$776,252,691
Interest Rate
3.99%
Mortgage Type
Construction
Estimated Equity
-$775,885,435

Purchase Details

Closed on
Apr 10, 2014
Sold by
Colfin Ai Az Llc
Bought by
Cah 2014-1 Borrower Llc

Purchase Details

Listed on
Apr 12, 2013
Closed on
May 10, 2013
Sold by
Ind Investments Llc
Bought by
Colfina Az 1 Llc
Seller's Agent
Manny Peraza
US Home Realty
Buyer's Agent
Brett Tanner
Keller Williams Realty Phoenix
List Price
$139,900
Sold Price
$132,000
Premium/Discount to List
-$7,900
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%

Purchase Details

Listed on
Oct 3, 2012
Closed on
Jan 30, 2013
Sold by
Ortiz Robert and Ortiz Barbara
Bought by
Ind Investments Llc
Seller's Agent
Frank Peraza
US Home Realty
Buyer's Agent
Manny Peraza
HomeSmart
List Price
$70,000
Sold Price
$88,000
Premium/Discount to List
$18,000
25.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
304.77%
Original Mortgage
$89,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2005
Sold by
Homes Tw and Incc Arizona
Bought by
Ortiz Robert and Ortiz Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,211
Interest Rate
5.7%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2018 1 Ih Borrower Lp -- None Available
Cah 2014-1 Borrower Llc -- None Available
Colfina Az 1 Llc $132,000 Fidelity National Title Agen
Ind Investments Llc $88,000 Advantage Title Agency
Ortiz Robert $175,440 First American Title Ins Co
Tw Homes/Arizona Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2018 1 Ih Borrower Lp $916,571,000
Previous Owner Ind Investments Llc $89,000
Previous Owner Ortiz Robert $179,211
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2015 05/19/15 Rented $1,050 +10.5% --
05/08/2015 05/08/15 Under Contract -- -- --
04/19/2015 04/19/15 For Rent $950 0.0% --
07/10/2013 07/10/13 Rented $950 0.0% --
07/08/2013 07/08/13 Under Contract -- -- --
07/02/2013 07/02/13 For Rent $950 0.0% --
05/16/2013 05/16/13 Sold $132,000 -5.6% $67 / Sq Ft View Prior Sale
04/18/2013 04/18/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $139,900 +59.0% $71 / Sq Ft
01/31/2013 01/31/13 Sold $88,000 +25.7% $44 / Sq Ft View Prior Sale
12/07/2012 12/07/12 Pending -- -- --
12/07/2012 12/07/12 Price Changed $70,000 0.0% $35 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
09/14/2012 09/14/12 For Sale $70,000 -- $35 / 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 $1,300 $12,041 -- --
2024 $1,278 $11,468 -- --
2023 $1,278 $27,570 $5,510 $22,060
2022 $1,279 $20,600 $4,120 $16,480
2021 $1,329 $18,950 $3,790 $15,160
2020 $1,332 $17,070 $3,410 $13,660
2019 $1,294 $15,150 $3,030 $12,120
2018 $1,279 $13,900 $2,780 $11,120
2017 $1,202 $12,020 $2,400 $9,620
2016 $1,169 $11,570 $2,310 $9,260
2015 $1,081 $11,230 $2,240 $8,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5268049

Arizona Regional Multiple Listing Service (ARMLS)

APN: 501-25-175