NOT LISTED FOR SALE

1543 Penrod Way Lakeside, AZ 85929

Estimated Value: $1,338,000 - $2,112,885

5 Beds
4 Baths
4,880 Sq Ft
$331/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $833,000 $171 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,268/month

Highlights

  • Panoramic View
  • 3.82 Acre Lot
  • Deck
  • Waterfront
  • Pine Trees
  • Vaulted Ceiling

About This Home

As of June 2020

Great opportunity to own a family home, guest lodge, vacation rental, with a 1320 sq.ft guest house that sleeps 10 on Rainbow Lake. Beautiful water frontage. This awesome property is one of a kind in the Pinetop-Lakeside area. Just under 4 acres zoned R-2, your senses run wild with the possibilities of this unique property. Use it for residential family retreats, business retreats, or subdivide into separate lots with water views. Fish right off your own dock, ski just a few miles away. Great developer opportunity. Can generating opportunity.

Last Agent to Sell the Property

Carol Royse

Keller Williams Realty East Va License #SA026080000 Listed on: 06/01/2020

Last Buyer's Agent

STACEY RUGGAARD

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,789

Year Built

  • Built in 1955

Lot Details

  • 3.82 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Pine Trees

Home Design

  • Log Cabin
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 4,880 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Utility Room
  • Panoramic Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Car Attached Garage
  • Carport
  • Parking Pad

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Additional Homes

  • Separate Entry Quarters

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Built by custom

Listing and Financial Details

  • Assessor Parcel Number 212-31-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,789

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Additional Parcels YN: No
  • Estimated Number of Acres: 3.82
  • Estimated Sq Ft: 4880.00
  • Assessor Parcel Number: 212-31-003
  • Bathroom Features: Full Bath
  • Homebuilder: custom
  • Directions: Cross Streets: 260/White Mtn Blvd & Lakeview Ln.Directions: South on Lakeview Ln to Rainbow Lake Ln * Turn Right on Rainbow Lake Ln * Turn Left on Penrod Way to property located on the lake side of the road.
  • Fireplace Wood Stove: Fireplace
  • Fireplace Woodstove2: Fireplace
  • Garage Carport Garage Attached: 5
  • Listing Member Name: Carol Royse
  • Listing Office Short Id: KWEASTVLY
  • Open House Office I D: 20140502125753272975000000
  • Prop. Type: Residential
  • Residential Type: Site Built
  • Selling Member Short Id: staceyruggaard
  • Selling Office Short Id: WUSAScottsdale
  • Building Style: 2nd Level
  • Subdivision Neighborhood: Other Areas
  • Trees On Property: Yes
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Tile
  • Has Basement: No
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Eating Area: Breakfast Bar, Formal Dining Room
  • Interior Amenities: Furnished, Master Bedroom Down, Split Bedroom, Vaulted Ceiling
  • Kitchen Features: Built-In Dishwasher, Disposal, Electric Range, Refrigerator
  • Laundry: Dryer, Utility Room, Washer
  • Other Rooms: Balcony/Loft, Foyer/Entry, Great Room, Separate Quarters

Exterior Features

  • Exterior Construction: Log Home
  • Exterior Features: Cul-De-Sac Lot, Deck, Guest Quarters, In the Trees, Panoramic View, Patio, Patio - Covered, Tall Pines On Lot, Waterfront
  • Horses Allowed On Property: No
  • Road Maintenance: None
  • Roof: Pitched, Shingle

Garage/Parking

  • Carport: Yes
  • Garage Spaces: Yes
  • Garage/Carport Description: Parking Slab

Utilities

  • Heating: Natural Gas
  • Power Available: Yes
  • Sewer Available: Yes
  • Utilities Available: Electric - Individual Metered, Metered Water, Sewer
  • Water Available: Yes
  • Water Heater: Gas, On Demand/Tankless

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Blue Ridge
  • School District: Blue Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
May 29, 2020
Sold by
Grace Community Church Of The Valley
Bought by
The Hanlon Family Enterprises Llc
Seller's Agent
Carol Royse
Keller Williams Realty East Va
Buyer's Agent
STACEY RUGGAARD
HomeSmart
Sold Price
$833,000
Current Estimated Value
$1,616,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,295
Avg. Annual Appreciation
13.30%
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
The Hanlon Family Enterprises Llc $833,000 Lawyers Title Of Arizona Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Sold $833,000 -- $171 / Sq Ft
Source: White Mountain Association of REALTORS®

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
2026 $8,789 -- -- --
2025 $8,431 $164,591 $28,085 $136,506
2024 $6,844 $142,791 $28,085 $114,706
2023 $8,431 $96,070 $26,260 $69,810
2022 $6,844 $0 $0 $0
2021 $7,448 $0 $0 $0
2020 $7,168 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $48,216 $15,497 $32,719
Source: Public Records

Agents Affiliated with this Home

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Map

Source: White Mountain Association of REALTORS®

MLS Number: 228429

White Mountain Association of REALTORS®

APN: 212-31-003