NOT LISTED FOR SALE

Estimated Value: $2,145,000 - $2,695,000

5 Beds
3 Baths
3,492 Sq Ft
$693/Sq Ft Est. Value

Last Sold February 10, 2012

Last sale price $575,000 $165 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $13,414/month

75 Days on Market

Highlights

  • Play Pool
  • RV Gated
  • Two Primary Bathrooms
  • Anasazi Elementary School Rated A
  • 1.02 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of February 2012

BOM 11/23!! BANK APPROVED PRICE!!Stunning custom home on a1.2acre lot.Unique/large'T'shaped diving pool. Triple garage with side entry. RV gate, Circular drive. Mtn views.5bdrms,3ba 2ndmini/mbrm. Island kitchen, granite ctr tops, beautiful cabinets, Quality finishes.Extensive use of custom marble floors. New carpeting/09 Very up to date+++Short sale approval required!

Last Agent to Sell the Property

James Caires

Jim Caires Realty License #BR006570000 Listed on: 07/22/2011

Last Buyer's Agent

Sylvia McDowell

RE/MAX Fine Properties License #SA504612000

RE/MAX Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,850

Year Built

  • Built in 1987

Lot Details

  • 1.02 Acre Lot
  • Desert faces the front of the property
  • Cul-De-Sac
  • Block Wall Fence
  • Corner Lot
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • 12 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway
  • RV Gated

Home Design

  • Spanish Architecture
  • Tile Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,492 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family Room with Fireplace
  • 2 Fireplaces
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Play Pool
  • Fence Around Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Desert Canyon Middle School
  • Desert Mountain High School

Utilities

  • Zoned Heating and Cooling System
  • Water Purifier
  • Water Softener
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Laurel Lane Estates Subdivision

Listing and Financial Details

  • Short Sale
  • Tax Lot 4
  • Assessor Parcel Number 217-27-950

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,850

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Cactus and 108th Street
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2009
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2009
  • Parking Spaces Slab Parking Spaces: 12.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 1987
  • Tax Year: 2010
  • Directions: South to Laurel Lane, West to Property on the corner of Laurel Lane and 107th Street.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.02
  • Subdivision Name: Laurel Lane Estates
  • Architectural Style: Spanish
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Special Listing Cond:Short Sale: Yes
  • Special Features: 12

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Water Purifier
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Vaulted Ceiling(s), Pantry, 2 Master Baths, Double Vanity, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 3492.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Corner Lot, Desert Front, Cul-De-Sac, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Diving Pool, Fenced, Heated, Private
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Synthetic Stucco, Painted, Stucco, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener, Circular Driveway, Side Vehicle Entry, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 12.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • High School: Desert Mountain High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Desert Canyon Middle School

Lot Info

  • Lot Size Sq Ft: 44300.0
  • Parcel #: 217-27-950
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 4849.8
  • Tax Book Number: 217.00
  • Tax Lot: 4
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2011
Closed on
Jan 13, 2012
Sold by
Krich Eric and Krich Penny
Bought by
Malcolm Nathaniel E and Malcolm Teresa L
Seller's Agent
James Caires
Jim Caires Realty
Buyer's Agent
Sylvia McDowell
RE/MAX Fine Properties
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%
Current Estimated Value
$2,420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,845,000
Avg. Annual Appreciation
11.10%
Original Mortgage
$417,000
Outstanding Balance
$284,787
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$2,135,213

Purchase Details

Closed on
Sep 12, 2009
Sold by
Krich Eric and Krich Penny
Bought by
Krich Eric and Krich Penny

Purchase Details

Closed on
Apr 6, 2005
Sold by
Nochimowski Reuven and Nochimowski Michal
Bought by
Krich Eric and Williams Penny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2002
Sold by
Powell Michael R and Powell Mary M
Bought by
Nochimowski Reuven and Nochimowski Michal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.12%

Purchase Details

Closed on
Mar 6, 2000
Sold by
Wedlock Daniel L and Wedlock Diana C
Bought by
Powell Michael R and Powell Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 1997
Sold by
Nurkkala Reijo and Nurkkala Ritva
Bought by
Wedlock Daniel L and Wedlock Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 1994
Sold by
Smith Leonard S and Smith Annie M
Bought by
Nurkkala Reijo and Nurkkala Ritva
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
Malcolm Nathaniel E $575,000 Great American Title Agency
Krich Eric -- None Available
Krich Eric -- None Available
Krich Eric $972,000 --
Nochimowski Reuven $590,000 Fidelity National Title
Powell Michael R $523,800 Ati Title Agency
Wedlock Daniel L $410,000 Ati Title Agency
Nurkkala Reijo $365,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malcolm Nathaniel E $417,000
Previous Owner Krich Eric $729,000
Previous Owner Nochimowski Reuven $472,000
Previous Owner Powell Michael R $419,000
Previous Owner Wedlock Daniel L $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2012 02/10/12 Sold $575,000 -3.4% $165 / Sq Ft
10/18/2011 10/18/11 For Sale $595,000 0.0% $170 / Sq Ft
10/05/2011 10/05/11 Pending -- -- --
09/03/2011 09/03/11 Price Changed $595,000 -11.1% $170 / Sq Ft
08/01/2011 08/01/11 Price Changed $669,000 -13.0% $192 / Sq Ft
07/22/2011 07/22/11 For Sale $769,000 -- $220 / 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 $7,005 $112,406 -- --
2024 $6,917 $107,053 -- --
2023 $6,917 $153,350 $30,670 $122,680
2022 $6,532 $119,120 $23,820 $95,300
2021 $6,978 $107,460 $21,490 $85,970
2020 $6,912 $104,620 $20,920 $83,700
2019 $6,648 $100,580 $20,110 $80,470
2018 $6,419 $95,210 $19,040 $76,170
2017 $6,122 $93,430 $18,680 $74,750
2016 $5,992 $89,750 $17,950 $71,800
2015 $5,674 $89,620 $17,920 $71,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4620458

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-27-950