Seller's Agent in 2021
Tom Wood
Keller Williams Realty East Valley
(480) 510-1221
32 Total Sales
1449 Elk Dr Forest Lakes, AZ 85931
Estimated Value: $497,000 - $627,000
2
Beds
2
Baths
1,598
Sq Ft
$349/Sq Ft
Est. Value
Highlights
- Guest House
- Vaulted Ceiling
- Corner Lot
- Horses Allowed On Property
- 1 Fireplace
- No HOA
About This Home
As of November 2021Welcome to your cabin in the pines! This beautiful abode is nestled on a gorgeous one-acre corner lot in Forest Lakes Estates. Wonderfully remodeled, the kitchen boasts updated cabinets, a granite sink, quartz countertops and stainless steel appliances. The extensive upscale wood laminate plank flooring exudes a modern, yet homey, feel. The cabin bathroom has also been updated. In addition to the cabin, a separate guest quarters provides a generous sleeping loft, a bathroom and laundry area so that guests and you can maintain your privacy. There are plenty of areas to savor the outdoors with decks in the front and rear of the cabin, plus a balcony over the 2-car garage! The electrical has also been updated. This sprawling lot is flat with a lush array of Ponderosa Pines & other trees.
Last Agent to Sell the Property
Keller Williams Realty East Valley License #BR034975000 Listed on: 07/11/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,957
Year Built
- Built in 1967
Lot Details
- 1 Acre Lot
- Desert faces the front and back of the property
- Corner Lot
Parking
- 2 Car Detached Garage
- Oversized Parking
Home Design
- Wood Frame Construction
- Composition Roof
- Metal Roof
Interior Spaces
- 1,598 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- 1 Fireplace
- Double Pane Windows
- Breakfast Bar
- Laundry in Garage
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Outdoor Features
- Balcony
- Outdoor Storage
Schools
- Out Of Maricopa Cnty Elementary And Middle School
- Out Of Maricopa Cnty High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Propane
- High Speed Internet
Additional Features
- Guest House
- Horses Allowed On Property
Community Details
- No Home Owners Association
- Association fees include no fees
- Forest Lakes Estates Unit 4 Subdivision
Listing and Financial Details
- Tax Lot 254
- Assessor Parcel Number 403-46-058
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2021
Closed on
Nov 3, 2021
Sold by
Rvera Maria Inez and Velasco Luke
Bought by
Velasco Luke
Seller's Agent
Tom Wood
Keller Williams Realty East Valley
Buyer's Agent
Luke Velasco
Barrett Real Estate
List Price
$550,000
Sold Price
$470,000
Premium/Discount to List
-$80,000
-14.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,281
Avg. Annual Appreciation
4.05%
Original Mortgage
$423,000
Outstanding Balance
$382,017
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$175,264
Purchase Details
Listed on
Jul 11, 2021
Closed on
Oct 15, 2021
Sold by
Spencer Andrea M and Spencer Billy Joe
Bought by
Velasco Luke and Contreras Ricardo Leon
Seller's Agent
Tom Wood
Keller Williams Realty East Valley
Buyer's Agent
Luke Velasco
Barrett Real Estate
List Price
$550,000
Sold Price
$470,000
Premium/Discount to List
-$80,000
-14.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Outstanding Balance
$382,017
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$175,264
Purchase Details
Listed on
May 22, 2019
Closed on
Aug 26, 2019
Sold by
Preusser Ben and Salyer Karla
Bought by
Spencer Andrea M and Spencer Billy Joe
Seller's Agent
Dennis Justice
West USA Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$325,000
Sold Price
$299,000
Premium/Discount to List
-$26,000
-8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.94%
Original Mortgage
$239,200
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 13, 2018
Sold by
Preusser Ben E and Preusser Karla J
Bought by
Preusser Ben and Salyer Karla
Purchase Details
Closed on
May 15, 2013
Sold by
Salyer Christopher T
Bought by
Salyer Karla J and Preusser Ben E
Purchase Details
Closed on
Feb 14, 2013
Sold by
Salyer Betty L
Bought by
Salyer Christopher T and Betty L Salyer Trust
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Velasco Luke | -- | Pioneer Title Agency Inc | |
| Velasco Luke | $470,000 | Pioneer Title | |
| Spencer Andrea M | $299,000 | Empire West Title Agency Llc | |
| Preusser Ben | -- | None Available | |
| Salyer Karla J | -- | None Available | |
| Salyer Christopher T | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Velasco Luke | $423,000 | |
| Previous Owner | Spencer Andrea M | $239,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/05/2021 11/05/21 | Sold | $470,000 | 0.0% | $294 / Sq Ft | |
| 10/11/2021 10/11/21 | Off Market | $470,000 | -- | -- | |
| 09/29/2021 09/29/21 | Pending | -- | -- | -- | |
| 09/23/2021 09/23/21 | Price Changed | $489,900 | -1.8% | $307 / Sq Ft | |
| 08/25/2021 08/25/21 | Price Changed | $499,000 | -5.0% | $312 / Sq Ft | |
| 08/04/2021 08/04/21 | Price Changed | $525,000 | -4.5% | $329 / Sq Ft | |
| 07/09/2021 07/09/21 | For Sale | $550,000 | +83.9% | $344 / Sq Ft | |
| 08/28/2019 08/28/19 | Sold | $299,000 | 0.0% | $187 / Sq Ft | View Prior Sale |
| 07/17/2019 07/17/19 | Price Changed | $299,000 | -8.0% | $187 / Sq Ft | |
| 05/22/2019 05/22/19 | For Sale | $325,000 | -- | $203 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $2,419 | $38,713 | -- | -- |
| 2024 | $2,419 | $40,989 | -- | -- |
| 2023 | $2,229 | $31,634 | $0 | $0 |
| 2022 | $2,135 | $24,398 | $0 | $0 |
| 2021 | $2,067 | $23,799 | $0 | $0 |
| 2020 | $1,957 | $23,438 | $0 | $0 |
| 2019 | $1,916 | $22,198 | $0 | $0 |
| 2018 | $1,850 | $18,892 | $0 | $0 |
| 2017 | $1,859 | $19,065 | $0 | $0 |
| 2016 | $1,744 | $17,674 | $0 | $0 |
| 2015 | $1,855 | $18,606 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Wood
-
Luke Velasco
L
Buyer's Agent in 2021
Luke Velasco
Barrett Real Estate
(602) 657-5607
63 Total Sales
-
Dennis Justice
Seller's Agent in 2019
Dennis Justice
West USA Realty
(480) 688-9932
20 Total Sales
-
Heather Justice
Seller Co-Listing Agent in 2019
Heather Justice
West USA Realty
(480) 225-9643
73 Total Sales
-
N
Buyer's Agent in 2019
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6262577
APN: 403-46-058
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.
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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