NOT LISTED FOR SALE

16401 N 48th Way Scottsdale, AZ 85254

Paradise Valley Village Neighborhood

Estimated Value: $969,262 - $1,025,000

4 Beds
3 Baths
2,796 Sq Ft
$357/Sq Ft Est. Value

Last Sold July 20, 2015

Last sale price $433,000 $155 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $5,577/month

14 Days on Market

Highlights

  • Vaulted Ceiling
  • Santa Fe Architecture
  • Covered Patio or Porch
  • Whispering Wind Academy Rated A-
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of July 2015

Highly sought after location. Horizon district. This 2 story 4 bed/3 bath home+den has it all! Newly installed laminate wood floors in formal living/dining. New shutters. Beautiful kitchen w/center island. Stainless appliances. Granite counters. Large family room. Wired for surround sound. Wood burning fireplace with slate tile surround. Bonus bedroom downstairs w/full bath. Large master retreat. Separate shower/tub, dual sinks, and walk-in closet. 2 additional rooms upstairs. On has direct access to hall bath. Large den or playroom w/double door entry. Tile floors, covered patio, and play pool. Perfect size yard. Over-sized 3 car garage. New a/c installed 1/15. Great value for neighborhood!

Last Agent to Sell the Property

Rodney Coty

Compass License #SA518074000 Listed on: 05/26/2015

Last Buyer's Agent

Amy Hall

HomeSmart License #SA530629000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,520

Year Built

  • Built in 1990

Lot Details

  • 8,114 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage

Home Design

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

Interior Spaces

  • 2,796 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Fence Around Pool
  • Play Pool

Outdoor Features

  • Covered Patio or Porch

Schools

  • Whispering Wind Academy Elementary School
  • Sunrise Middle School
  • Horizon High School

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Tatum Square HOA, Phone Number (480) 948-5860
  • Paradise Valley Mirada 8 Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 215-32-485

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,520

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Tatum/Bell
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 35.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2013
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1990
  • Tax Year: 2012
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.19
  • Subdivision Name: PARADISE VALLEY MIRADA 8
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 154.86
  • Association Fees:HOA Fee2: 35.0
  • Dining Area:Breakfast Bar: Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2796.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Back, Auto Timer H2O Back
  • Pool Features: Play Pool, Fenced
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: Tatum Square HOA
  • Phone: 480-948-5860
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Tatum Square HOA
  • 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_: $

Schools

  • Elementary School: Whispering Wind Academy
  • High School: Horizon School
  • Middle Or Junior School: Sunrise Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8114.0
  • Parcel #: 215-32-485
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UKN

Tax Info

  • Tax Annual Amount: 2520.0
  • Tax Book Number: 215.00
  • Tax Lot: 20
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2015
Closed on
Jul 13, 2015
Sold by
Tu Misty Y
Bought by
Vandervort Michael L and Vandervort Sonya M
Seller's Agent
Rodney Coty
Compass
Buyer's Agent
Amy Hall
HomeSmart
List Price
$439,900
Sold Price
$433,000
Premium/Discount to List
-$6,900
-1.57%
Current Estimated Value
$997,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$564,566
Avg. Annual Appreciation
8.36%
Original Mortgage
$346,400
Outstanding Balance
$270,008
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$727,558

Purchase Details

Closed on
May 19, 2011
Sold by
Brill Linda C
Bought by
Brill Linda C and Linda C Brill Revocable Living Trust

Purchase Details

Closed on
Jun 16, 2008
Sold by
Hennen Laura
Bought by
Tu Misty Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2005
Sold by
Javis Kirk C
Bought by
Hennen Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,920
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 25, 2005
Sold by
Rikess Richard E
Bought by
Hennen Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,920
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 18, 2003
Sold by
Vaughn Carina
Bought by
Vaughn Gregory and Vaughn Carina

Purchase Details

Closed on
Dec 12, 2000
Sold by
Vaughn Gregory
Bought by
Vaughn Carina

Purchase Details

Closed on
Sep 30, 1998
Sold by
Tortora Frank P
Bought by
Rikess Richard E and Rikess Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,700
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1997
Sold by
Horner Jack Dale
Bought by
Horner Jack D and Horner Leslie S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vandervort Michael L $433,000 Pioneer Title Agency Inc
Brill Linda C -- None Available
Tu Misty Y $485,000 Transnation Title Insurance
Hennen Laura -- Transnation Title
Hennen Laura $599,900 Transnation Title
Vaughn Gregory -- Grand Canyon Title Agency In
Vaughn Carina -- Ati Title Agency
Rikess Richard E $219,000 Lawyers Title Of Arizona Inc
Horner Jack D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandervort Michael L $346,400
Previous Owner Tu Misty Y $485,000
Previous Owner Hennen Laura $479,920
Previous Owner Hennen Laura $479,920
Previous Owner Rikess Richard E $201,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2015 07/20/15 Sold $433,000 -1.6% $155 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $439,900 -- $157 / 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 $4,016 $45,172 -- --
2024 $3,802 $43,021 -- --
2023 $3,802 $63,430 $12,680 $50,750
2022 $3,758 $49,600 $9,920 $39,680
2021 $3,771 $45,050 $9,010 $36,040
2020 $3,636 $42,560 $8,510 $34,050
2019 $3,641 $41,070 $8,210 $32,860
2018 $3,506 $38,630 $7,720 $30,910
2017 $3,348 $37,750 $7,550 $30,200
2016 $3,295 $35,680 $7,130 $28,550
2015 $3,057 $34,680 $6,930 $27,750
Source: Public Records

Agents Affiliated with this Home

  • Rodney Coty

    Seller's Agent in 2015

    Rodney Coty

    Compass

    (480) 776-1555

    2 in this area

    89 Total Sales

    Rodney Coty
    Section Image

  • A

    Buyer's Agent in 2015

    Amy Hall

    HomeSmart

    (602) 686-8832

    1 in this area

    30 Total Sales

    Amy Hall
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5284914

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-32-485

Arizona Maricopa County Scottsdale 85254 Paradise Valley Village

16401 N 48th Way, Scottsdale, AZ

Not Listed for Sale

Detached

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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