NOT LISTED FOR SALE

12360 W Palmaire Ave Glendale, AZ 85307

Estimated Value: $448,245 - $488,000

5 Beds
3 Baths
2,577 Sq Ft
$182/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $299,990 $116 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,667/month

65 Days on Market

Highlights

  • Covered Patio or Porch
  • Double Pane Windows
  • Breakfast Bar
  • 2 Car Direct Access Garage
  • Dual Vanity Sinks in Primary Bathroom
  • Community Playground

About This Home

As of June 2019

Brand NEW beautiful home at Marbella Ranch!

A PUBLIC REPORT IS AVAILABLE ON THE STATE REAL ESTATE DEPARTMENT'S WEBSITE.

Last Agent to Sell the Property

Dawn Faraci

Lennar Sales Corp License #SA572073000 Listed on: 03/20/2019

Last Buyer's Agent

Michael P. Baden

HomeSmart License #SA558897000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,610

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 5,174 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front Yard Sprinklers

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,577 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Tile Flooring
  • Smart Home
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Luke Elementary School
  • Dysart High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 24
  • Assessor Parcel Number 501-53-040

Community Details

Overview

  • Association fees include ground maintenance
  • Marbella Ranch Assoc Association
  • Built by Lennar Homes
  • Marbella Ranch Parcel 1 Subdivision, Cortes Floorplan

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,610

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Cross Street: Glendale Road & El Mirage
  • Legal Info Range: 1W
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 66.5
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2019
  • Tax Year: 2018
  • Directions: From the Loop 101 North exit West on Glendale Road. Take Glendale Road to El Mirage Road. The Marbella Ranch community is located on the Northwest corner of Glendale and El Mirage.
  • Master Model: Cortes
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: MARBELLA RANCH PARCEL 1
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 66.5
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2577.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, Vinyl Frame
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Desert Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 66.5
  • Association Fee Frequency: Monthly
  • Association Name: Marbella Ranch Assoc
  • Phone: 000-000-0000
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Marbella Ranch Assoc
  • Association Fees:HOA Telephone4: 000-000-0000
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5174.0
  • Parcel #: 501-53-040

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Lennar Homes

Tax Info

  • Tax Annual Amount: 72.02
  • Tax Book Number: 501.00
  • Tax Lot: 24
  • Tax Map Number: 53.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
Jun 6, 2019
Sold by
Lennar Arizona Inc
Bought by
Rakes Nathan D and Rakes Daisy
Seller's Agent
Dawn Faraci
Lennar Sales Corp
Buyer's Agent
Michael P. Baden
HomeSmart
List Price
$308,990
Sold Price
$299,990
Premium/Discount to List
-$9,000
-2.91%
Current Estimated Value
$468,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,821
Avg. Annual Appreciation
7.25%
Original Mortgage
$299,990
Outstanding Balance
$263,230
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$205,581
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
Rakes Nathan D $299,990 Calatlantic Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rakes Nathan D $299,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2019 06/26/19 Sold $299,990 0.0% $116 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
05/01/2019 05/01/19 Price Changed $299,990 -4.2% $116 / Sq Ft
04/25/2019 04/25/19 Price Changed $312,990 +0.6% $121 / Sq Ft
04/03/2019 04/03/19 Price Changed $310,990 +0.6% $121 / Sq Ft
03/20/2019 03/20/19 For Sale $308,990 -- $120 / 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 $1,610 $20,824 -- --
2024 $1,517 $19,832 -- --
2023 $1,517 $34,450 $6,890 $27,560
2022 $1,533 $26,310 $5,260 $21,050
2021 $1,640 $24,630 $4,920 $19,710
2020 $1,504 $22,980 $4,590 $18,390
2019 $69 $630 $630 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dawn Faraci

    Lennar Sales Corp

  • Michael P. Baden

    Buyer's Agent in 2019

    Michael P. Baden

    HomeSmart

    (480) 232-3086

    34 Total Sales

    Michael P. Baden
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5898857

Arizona Regional Multiple Listing Service (ARMLS)

APN: 501-53-040

Arizona Maricopa County Glendale 85307

12360 W Palmaire Ave, Glendale, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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