NOT LISTED FOR SALE

1550 N 40th St Unit 10 Mesa, AZ 85205

Citrus Neighborhood

Estimated Value: $1,626,000 - $1,881,000

4 Beds
4.5 Baths
5,760 Sq Ft
$310/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $800,000 $139 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $10,461/month

239 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Fireplace in Primary Bedroom
  • Bush Elementary School Rated A-
  • Gated Community
  • Santa Barbara Architecture

About This Home

As of September 2015

REDUCED REDUCED $100,000**STUNNINGLY BEAUTIFUL HOME**...LOCATED IN THE GATED COMMUNITY OF EL PORTILLO...Excellent buyer opportunity on this gorgeous 5760 sq ft, 4 bedroom, 4.5 bath custom home featuring a gourmet chef kitchen with new cabinetry, SS appliances, granite countertops, kitchen island, breakfast nook, & walk in pantry. Also has beautiful flooring, new carpet, new paint, family room w/fireplace, living room, den w/tech room, bonus/game room, formal dining room, & a beautiful master suite w/sitting room, fireplace, & separate tub/shower in master bathroom. The resort style backyard is absolutely amazing and ready for your enjoyment & entertaining. PLEASE INCLUDE LSR WITH A NEW LOAN OR PROOF OF FUNDS VERIFICATION WITH A CASH OFFER. NO SPDS OR CLUE REPORT AVAILABLE. NO WARRANTIES.

Last Agent to Sell the Property

Shawna Sexton

ATLAS AZ, LLC License #BR540180000 Listed on: 09/30/2014

Last Buyer's Agent

Abdulhadi AlSayyed

Karmi Realty License #BR637336000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,400

Year Built

  • Built in 1998

Lot Details

  • 0.72 Acre Lot
  • Block Wall Fence
  • Backyard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 4 Car Garage
  • RV Gated

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,760 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Spa
  • Diving Board

Outdoor Features

  • Covered Patio or Porch

Schools

  • Bush Elementary School
  • Stapley Junior High School
  • Mountain View - Waddell High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 141-31-067

Community Details

Overview

  • Association fees include ground maintenance
  • Snow Property Svcs Association, Phone Number (480) 635-1133
  • El Portillo Subdivision

Recreation

  • Tennis Courts
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,400

Year Built

Built in 1998

Lot Details

0

HOA Fees

$265 per month

Parking

4

Listing Details

  • Cross Street: Brown and Val Vista
  • Legal Info Range: 6E
  • 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: 265.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Spa Private: Yes
  • Tax Year: 2013
  • Directions: From Brown and Val Vista go East to 40th St. Then North to subdivision on West side. **El Portillo - Citrus Manor** Go thru gate, go right and follow around to property on the South side of the street
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.72
  • Subdivision Name: El Portillo
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 795.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 5760.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Grass Front, Grass Back, Irrigation Back
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Gate, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Tennis Court(s), Biking/Walking Path
  • Amenities: Management
  • Association Fee: 795.0
  • Association Fee Frequency: Quarterly
  • Association Name: Snow Property Svcs
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Snow Property Svcs
  • Association Fees:HOA Telephone4: 480-635-1133
  • 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: Bush Elementary
  • High School: Mountain View - Waddell
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Stapley Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 31465.0
  • Parcel #: 141-31-067
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 7399.68
  • Tax Book Number: 141.00
  • Tax Lot: 10
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Sep 4, 2015
Sold by
Bank Of America National Association
Bought by
Ghannam Ibrahim I
Seller's Agent
Shawna Sexton
ATLAS AZ, LLC
Buyer's Agent
Abdulhadi AlSayyed
Karmi Realty
List Price
$959,000
Sold Price
$800,000
Premium/Discount to List
-$159,000
-16.58%
Current Estimated Value
$1,785,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$985,820
Avg. Annual Appreciation
7.89%
Original Mortgage
$600,000
Outstanding Balance
$454,537
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,262,336

Purchase Details

Listed on
Sep 30, 2014
Closed on
Aug 24, 2015
Sold by
Ghannam Najwan Fouad
Bought by
Ghannam Ibrahim
Seller's Agent
Shawna Sexton
ATLAS AZ, LLC
Buyer's Agent
Abdulhadi AlSayyed
Karmi Realty
List Price
$959,000
Sold Price
$800,000
Premium/Discount to List
-$159,000
-16.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$454,537
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,262,336

Purchase Details

Closed on
Dec 3, 2013
Sold by
Lane D Grant and Lane Lauri
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jul 15, 2008
Sold by
Lane D Grant and Lane Lauri
Bought by
Lauri L Lane Az Qualified Personal Resid

Purchase Details

Closed on
Nov 7, 2007
Sold by
Szoke Carmela
Bought by
Szoke Charles E

Purchase Details

Closed on
Jan 7, 1999
Sold by
Granite Homes Inc
Bought by
Lane D Grant and Lane Lauri

Purchase Details

Closed on
Aug 28, 1998
Sold by
Szoke Carmela G
Bought by
Szoke Charles E

Purchase Details

Closed on
Nov 20, 1997
Sold by
Werner Douglas John and Werner Barbara Mary
Bought by
W/T & S Inc

Purchase Details

Closed on
Sep 4, 1997
Sold by
Mc 40Th Development Company Llc
Bought by
Granite Homes Inc
Source: Public Records

Range of Values:

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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
Ghannam Ibrahim I $800,000 Fidelity Natl Title Agency
Ghannam Ibrahim -- Fidelity Natl Title Agency
Bank Of America National Association $835,000 None Available
Lauri L Lane Az Qualified Personal Resid -- None Available
Lauri L Lane Az Qualified Personal Resid -- None Available
D Grant Lane Az Qualified Personal Resid -- None Available
D Grant Lane Az Qualified Personal Resid -- None Available
Szoke Charles E -- Grand Cyn Title Agency Inc
Lane D Grant $454,898 --
Szoke Charles E -- Capital Title Agency
Szoke Christopher J -- Capital Title Agency
W/T & S Inc -- Grand Canyon Title Agency In
Granite Homes Inc $125,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghannam Ibrahim I $600,000
Previous Owner Lane Grant T $10,282,784
Previous Owner Lane Among D Grant $910,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $800,000 -6.9% $139 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
04/20/2015 04/20/15 Price Changed $859,000 -4.4% $149 / Sq Ft
03/11/2015 03/11/15 Price Changed $899,000 -3.2% $156 / Sq Ft
12/17/2014 12/17/14 Price Changed $929,000 -3.1% $161 / Sq Ft
09/30/2014 09/30/14 For Sale $959,000 -- $166 / 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 $9,178 $98,147 -- --
2024 $9,257 $93,474 -- --
2023 $9,257 $111,900 $22,380 $89,520
2022 $9,056 $96,060 $19,210 $76,850
2021 $9,148 $96,560 $19,310 $77,250
2020 $10,090 $88,320 $17,660 $70,660
2019 $9,396 $86,950 $17,390 $69,560
2018 $8,988 $95,550 $19,110 $76,440
2017 $8,705 $101,550 $20,310 $81,240
2016 $8,530 $98,130 $19,620 $78,510
2015 $8,574 $89,600 $17,920 $71,680
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Shawna Sexton

    ATLAS AZ, LLC

    Section Image
  • Abdulhadi AlSayyed

    Buyer's Agent in 2015

    Abdulhadi AlSayyed

    Karmi Realty

    (602) 332-6073

    13 Total Sales

    Abdulhadi AlSayyed
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5178764

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-31-067

Arizona Maricopa County Mesa 85205 Citrus

1550 N 40th St Unit 10, Mesa, AZ

This home is located at 1550 N 40th St Unit 10, Mesa, AZ 85205 since 30 September 2014 and is currently estimated at $1,785,820, approximately $310 per square foot. This property was built in 1998. 1550 N 40th St Unit 10 is a home located in Maricopa County with nearby schools including Bush Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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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