NOT LISTED FOR SALE

16031 N 48th Way Scottsdale, AZ 85254

Paradise Valley Village Neighborhood

Estimated Value: $821,000 - $947,000

5 Beds
3 Baths
2,501 Sq Ft
$352/Sq Ft Est. Value

Last Sold February 18, 2021

Last sale price $615,000 $246 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,059/month

91 Days on Market

Highlights

  • Play Pool
  • Vaulted Ceiling
  • Wood Flooring
  • Liberty Elementary School Rated A
  • Outdoor Fireplace
  • Granite Countertops

About This Home

As of February 2021

This is one of those rare opportunities that don't come along very often, this amazing home is located in a cul de sac, offering a nice pie shape lot with an huge back yard and backs to an enormous private park with lots of walking paths only for home owners in this subdivision. The very popular plank wood floors throughout the main level and stairs, new carpet installed this year 2020, the entertainers kitchen has granite countertops and upgraded cabinets and stainless steel appliances. The bathrooms have been previously upgraded with travertine shower surrounds. The house is finished in the ever popular designer Gray. The backyard offers a nice gathering area over looking the park, lot's of green grass and a beautiful pool. Homes w/lots like this don't come available very often!!

Last Agent to Sell the Property

Gordon Snyder

Realty Executives Arizona Territory License #SA107841000 Listed on: 10/15/2020

Realty Executives Arizona Territory

Last Buyer's Agent

Scott Koehle

HomeSmart License #SA682696000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,329

Year Built

  • Built in 1986

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,501 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Play Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue
  • Playground

Schools

  • Liberty Elementary School

Utilities

  • Zoned Heating and Cooling System
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 28
  • Assessor Parcel Number 215-33-422

Community Details

Overview

  • Association fees include ground maintenance
  • Tatum Park Association, Phone Number (480) 948-5860
  • Tatum Park Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,329

Year Built

Built in 1986

Lot Details

0

HOA Fees

$78 per month

Parking

3

Listing Details

  • Cross Street: Tatum Blvd. and Greenway Road
  • Legal Info Range: 4E
  • 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: 78.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Tax Year: 2019
  • Directions: North on Tatum, East on Paradise Lane, South on 48th Way.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: Tatum Park
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 78.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Water Purifier
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
  • Living Area: 2501.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Playground, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back
  • Pool Features: Play Pool, Fenced
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 78.0
  • Association Fee Frequency: Monthly
  • Association Name: Tatum Park
  • Phone: 480-948-5860
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 187.5
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Tatum Park
  • Association Fees:HOA Telephone4: (480)948-5860
  • 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: Liberty Elementary School
  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7841.0
  • Parcel #: 215-33-422

Building Info

  • Builder Name: Unkown

Tax Info

  • Tax Annual Amount: 3329.0
  • Tax Book Number: 215.00
  • Tax Lot: 28
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Feb 9, 2021
Sold by
Yeo James and Yeo Carrie
Bought by
Lehn David M and Farris Chandra C
Seller's Agent
Gordon Snyder
Realty Executives Arizona Territory
Buyer's Agent
Scott Koehle
HomeSmart
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%
Current Estimated Value
$880,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,809
Avg. Annual Appreciation
8.07%
Original Mortgage
$548,000
Outstanding Balance
$489,275
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$391,534

Purchase Details

Closed on
Aug 7, 2020
Sold by
Vanier Jay and Vanier Jerre Lyan
Bought by
Yeo James and Yeo Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,331,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2010
Sold by
Gonzalez Luis L
Bought by
Yeo James and Yeo Carrie

Purchase Details

Closed on
Jul 23, 1998
Sold by
Gonzalez Luis L
Bought by
Gonzalez Luis L and Gonzalez Ann Cornett
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
Lehn David M $615,000 Empire West Title Agency Llc
Yeo James $1,362,500 Equity Title Agency Inc
Yeo James $335,000 Old Republic Title Agency
Gonzalez Luis L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehn David M $548,000
Previous Owner Yeo James $1,331,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2021 02/18/21 Sold $615,000 -1.6% $246 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
12/15/2020 12/15/20 Price Changed $625,000 -2.3% $250 / Sq Ft
11/30/2020 11/30/20 Price Changed $640,000 -1.5% $256 / Sq Ft
10/15/2020 10/15/20 For Sale $650,000 -- $260 / 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 $3,514 $41,334 -- --
2024 $3,428 $39,366 -- --
2023 $3,428 $58,800 $11,760 $47,040
2022 $3,388 $45,850 $9,170 $36,680
2021 $3,432 $41,420 $8,280 $33,140
2020 $3,314 $39,480 $7,890 $31,590
2019 $3,329 $38,230 $7,640 $30,590
2018 $3,208 $35,980 $7,190 $28,790
2017 $3,064 $35,420 $7,080 $28,340
2016 $3,015 $32,520 $6,500 $26,020
2015 $2,797 $31,450 $6,290 $25,160
Source: Public Records

Agents Affiliated with this Home

  • Gordon Snyder

    Seller's Agent in 2021

    Gordon Snyder

    Realty Executives

    (602) 694-3333

    4 in this area

    33 Total Sales

    Gordon Snyder
    Section Image
  • Scott Koehle

    Buyer's Agent in 2021

    Scott Koehle

    HomeSmart

    (480) 506-9700

    2 in this area

    12 Total Sales

    Scott Koehle
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6147336

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-33-422

Arizona Maricopa County Scottsdale 85254 Paradise Valley Village

16031 N 48th Way, Scottsdale, AZ

This home is located at 16031 N 48th Way, Scottsdale, AZ 85254 since 15 October 2020 and is currently estimated at $880,809, approximately $352 per square foot. This property was built in 1986. 16031 N 48th Way is a home located in Maricopa County with nearby schools including Liberty Elementary School, Sunrise 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

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