$390,000
SOLD APR 7, 2014

16020 N 56th Way Scottsdale, AZ 85254

Paradise Valley Village Neighborhood
5 Beds
4.5 Baths
4,222 Sq Ft
0.3 Acres

Recently Sold

$92 Per Sq Ft

2% Below List Price

25 Days on Market

Highlights

  • Private Pool
  • 0.3 Acre Lot
  • Wood Flooring
  • North Ranch Elementary School Rated A
  • Vaulted Ceiling
  • 3-minute walk to Desert Horizon Park

About This Home

As of August 2014

Extraordinary investment opportunity in the highly desirable 85254 zip code. This home is priced well below market value. The home has 5 bedrooms, 4.5 bathrooms, 4,222 square feet and is situated on a 12,922 square foot extra large pie-shaped lot. The home features an oversized eat-in kitchen with granite counter tops, center island and a cozy fireplace. There is a dining room, living room, a separate enormous great room, one bedroom downstairs and the other four upstairs, a large laundry room, and a ton of storage throughout. There is a spacious back yard with mature trees, a fenced pool with slide and water feature, a covered patio, a built-in BBQ, and even a sport court. The home needs some TLC but has loads of potential.

Last Agent to Sell the Property

Liza Santy

Realty ONE Group License #SA537102000 Listed on: 03/07/2014

Co-Listed By

Becky Kitson

Real Broker License #SA634416000

Last Buyer's Agent

Tim Grossglauser

HomeSmart License #SA581217000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,694

Year Built

  • Built in 1990

Lot Details

  • 0.3 Acre Lot
  • Private Streets
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,222 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4.5 Bathrooms
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • North Ranch Elementary School
  • Desert Shadows Middle School - Scottsdale
  • Horizon High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 182
  • Assessor Parcel Number 215-37-197

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Spanish Wells 2 Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,694

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Greenway Rd. & 56th Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1990
  • Tax Year: 2013
  • Directions: From Scottsdale Rd: West on Greenway Rd.,North on 56th Street, East on Monte Cristo Ave, North on 56th Way to property on left.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.3
  • Co List Office Mls Id: kwsl02
  • Co List Office Phone: 480-948-3338
  • Subdivision Name: Spanish Wells 2
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 4222.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Built-in Barbecue
  • Lot Features: Grass Front
  • Pool Features: Fenced, Private
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Fixer
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: North Ranch Elementary School
  • High School: Horizon School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Desert Shadows Middle School - Scottsdale

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12922.0
  • Parcel #: 215-37-197
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 3693.76
  • Tax Book Number: 215.00
  • Tax Lot: 182
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2014
Closed on
Jul 17, 2014
Sold by
Aslan Residential I Llc
Bought by
Kumar Vasanth and Seetharama Achala
Seller's Agent
Cory Mishkin
Cambridge Properties
Buyer's Agent
Rosicella Joplin
Joplin Realty
List Price
$549,900
Sold Price
$547,500
Premium/Discount to List
-$2,400
-0.44%
Current Estimated Value
$1,380,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$832,953
Avg. Annual Appreciation
8.67%
Original Mortgage
$417,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2014
Closed on
May 1, 2014
Sold by
California Foreclosure Prevention Inc
Bought by
Aslan Residential I Llc
Seller's Agent
Liza Santy
Realty ONE Group
Buyer's Agent
Tim Grossglauser
HomeSmart
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
150.13%

Purchase Details

Listed on
Mar 7, 2014
Closed on
Apr 2, 2014
Sold by
Andesite Mortgage Pool Llc
Bought by
California Foreclosure Prevention Inc
Seller's Agent
Liza Santy
Realty ONE Group
Buyer's Agent
Tim Grossglauser
HomeSmart
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%

Purchase Details

Closed on
Sep 28, 2010
Sold by
Kriske Kenneth F
Bought by
Ljl Mortgage Pool Llc

Purchase Details

Closed on
Apr 7, 2008
Sold by
Kriske Kenneth F
Bought by
Freedom Real Estate Enterprises Inc and 16020 N 58Th Way Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
12.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 2004
Sold by
Kriske Linda S
Bought by
Kriske Kenneth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2001
Sold by
Griego Manny
Bought by
Kriske Kenneth F and Kriske Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.94%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $547,500 First American Title Ins Co
Special Warranty Deed -- First American Title
Cash Sale Deed $390,000 Lawyers Title Of Arizona Inc
Trustee Deed $530,000 Security Title Agency
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Stewart Title & Trust
Warranty Deed $120,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 New Conventional
Previous Owner $373,500 Purchase Money Mortgage
Previous Owner $175,000 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Rented $3,750 0.0% --
08/30/2016 08/30/16 Under Contract -- -- --
08/25/2016 08/25/16 Price Changed $3,750 -3.8% $1 / Sq Ft
08/19/2016 08/19/16 Price Changed $3,900 -1.0% $1 / Sq Ft
08/17/2016 08/17/16 Price Changed $3,940 -0.3% $1 / Sq Ft
07/29/2016 07/29/16 Price Changed $3,950 -3.7% $1 / Sq Ft
06/15/2016 06/15/16 For Rent $4,100 +6.5% --
05/01/2015 05/01/15 Rented $3,850 -3.5% --
04/28/2015 04/28/15 Under Contract -- -- --
02/28/2015 02/28/15 For Rent $3,990 +5.0% --
09/22/2014 09/22/14 Rented $3,800 0.0% --
09/10/2014 09/10/14 Off Market $3,800 -- --
08/31/2014 08/31/14 For Rent $3,800 0.0% --
08/19/2014 08/19/14 Sold $547,500 -0.4% $130 / Sq Ft
06/19/2014 06/19/14 For Sale $549,900 +41.0% $130 / Sq Ft
04/07/2014 04/07/14 Sold $390,000 -2.3% $92 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
03/29/2014 03/29/14 For Sale $399,000 0.0% $95 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $399,000 -- $95 / 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 $5,367 $53,920 -- --
2024 $5,255 $51,353 -- --
2023 $5,255 $76,360 $15,270 $61,090
2022 $5,202 $59,920 $11,980 $47,940
2021 $5,217 $55,030 $11,000 $44,030
2020 $5,056 $52,160 $10,430 $41,730
2019 $5,063 $50,060 $10,010 $40,050
2018 $4,897 $46,370 $9,270 $37,100
2017 $4,694 $45,610 $9,120 $36,490
2016 $4,615 $43,210 $8,640 $34,570
2015 $4,274 $42,200 $8,440 $33,760
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jennifer Lebert

    Pure Property Management of Arizona, Inc

    (480) 620-9433

    2 Total Sales

    Jennifer Lebert
    Section Image

  • N

    Buyer's Agent in 2016

    Non-MLS Agent

    Non-MLS Office

  • Rosicella Joplin

    Seller's Agent in 2015

    Rosicella Joplin

    Joplin Realty

    (480) 307-2961

    13 Total Sales

    Rosicella Joplin
    Section Image
  • Daniel Schaffler

    Seller Co-Listing Agent in 2015

    Daniel Schaffler

    Compass

    (480) 340-6246

    13 in this area

    141 Total Sales

    Daniel Schaffler
    Section Image

  • D

    Buyer's Agent in 2015

    Darryl Cooper

    Coldwell Banker Realty

    Section Image
  • Cory Mishkin

    Seller's Agent in 2014

    Cory Mishkin

    Cambridge Properties

    (602) 820-9000

    14 in this area

    156 Total Sales

    Cory Mishkin
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5081123

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-37-197

Arizona Maricopa County Scottsdale 85254 Paradise Valley Village

16020 N 56th Way, Scottsdale, AZ

This home is located at 16020 N 56th Way, Scottsdale, AZ 85254 and is currently priced at $390,000, approximately $92 per square foot. This property was built in 1990. 16020 N 56th Way is a home located in Maricopa County with nearby schools including North Ranch Elementary School, Desert Shadows Middle School, and Horizon High 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

Nearby Homes