NOT LISTED FOR SALE

16600 N Thompson Peak Pkwy Unit 2048 Scottsdale, AZ 85260

McDowell Mountain Ranch Neighborhood

Estimated Value: $584,000 - $636,000

3 Beds
2 Baths
1,674 Sq Ft
$364/Sq Ft Est. Value

Last Sold March 28, 2012

Last sale price $270,000 $161 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,540/month

1,526 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Vaulted Ceiling
  • Desert Canyon Elementary School Rated A
  • Clubhouse
  • Heated Community Pool

About This Home

As of March 2012

FABULOUSLY & PROFESSIONALLY DECORATED 3 BEDROOM, 2 FULL BATH UNIT WITH STUNNING MCDOWELL MOUNTAIN VIEWS THAT ARE TO DIE FOR! THIS IS TRULY A TREAT, METICULOUSLY APPOINTED W/2 BALCONIES, ACROSS FROM POOL AND SPA. READY FOR YOU & ALL THE ACTIVITIES & EVENTS THAT SCOTTSDALE HAS TO OFFER!! GREAT LOCATION! VERY FEW UNITS ARE AS WELL POSITIONED IN THIS DEVMT. FULL LAUNDRY ROOM + AND ATTACHED 2 CAR GARAGE....NOTHING MISSING HERE! CAN'T YOU JUST PICTURE YOURSELF HERE? COME ENJOY THIS CAREFREE LIFESTYLE!

Last Agent to Sell the Property

Kristin Armbruster

Compass License #BR517659000 Listed on: 11/13/2007

Compass

Last Buyer's Agent

Sharon Whitten

Berkshire Hathaway HomeServices Arizona Properties License #BR106825000

Berkshire Hathaway HomeServices Arizona Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,689

Year Built

  • Built in 2002

Lot Details

  • 164 Sq Ft Lot
  • Desert faces the front of the property
  • Private Streets

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,674 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Desert Canyon Elementary School
  • Copper Ridge Elementary Middle School
  • Saguaro Elementary High School

Utilities

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

Listing and Financial Details

  • Tax Lot 2048
  • Assessor Parcel Number 217-73-080

Community Details

Overview

  • Association fees include roof repair, insurance, trash, roof replacement, maintenance exterior
  • Built by CACHET
  • The Ridge Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,689

Year Built

Built in 2002

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Cross Street: THOMPSON PEAK PKWY. AND BELL RD.
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2: N
  • Total Monthly Fee Equivalent: 180.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2002
  • Tax Year: 2006
  • Property Sub Type: Townhouse
  • Subdivision Name: THE RIDGE
  • Efficiency: Multi-Pane Wndws, Sunscreen(s)
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 161.28
  • Association Fees:HOA Fee2: 180.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): 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

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Fire Sprinklers, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1674.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Community Spa: Yes
  • Fireplace:Fireplace Living Rm: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Covered Patio(s), Private Street(s)
  • Lot Features: Desert Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned, Gated Community
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Clubhouse
  • Amenities: Management
  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Trash, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Desert Canyon Elementary
  • High School: Saguaro Elementary School
  • Middle Or Junior School: Copper Ridge Elementary School

Lot Info

  • Lot Size Sq Ft: 164.0
  • Parcel #: 217-73-080
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: CACHET

Tax Info

  • Tax Annual Amount: 1689.0
  • Tax Book Number: 217.00
  • Tax Lot: 2048
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
Fazekas John F and Fazekas Terri L
Bought by
Fazekas John F and Fazekas Terri L
Current Estimated Value
$608,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,300
Outstanding Balance
$234,395
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$374,443

Purchase Details

Closed on
Feb 10, 2020
Sold by
Fazekas John Frank and Fazekas Terri Loekle
Bought by
Fazekas John F and Fazekas Terri L

Purchase Details

Closed on
Jan 24, 2019
Sold by
Ottenstein Paul and Ottenstein Nancy K
Bought by
Loekle Fazekas John Frank and Loekle Fazekas Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2007
Closed on
Mar 23, 2012
Sold by
Dermanulian Mark and Dermanulian Dawn
Bought by
Ottenstein Paul and Ottenstein Nancy K
Seller's Agent
Kristin Armbruster
Compass
Buyer's Agent
Sharon Whitten
Berkshire Hathaway HomeServices Arizona Properties
List Price
$349,000
Sold Price
$270,000
Premium/Discount to List
-$79,000
-22.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
May 19, 2005
Sold by
Heath Patricia
Bought by
Dermanulian Mark and Dermanulian Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2004
Sold by
Shattuck Stephanie S
Bought by
Heath Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,600
Interest Rate
6.24%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 4, 2004
Sold by
Naidu Leslie H
Bought by
Heath Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2001
Sold by
Sc Mcdowell Ii Llc
Bought by
Naidu Leslie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.62%
Mortgage Type
New Conventional
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
Fazekas John F -- Accommodation
Fazekas John F -- Clear Title Agency Of Az
Fazekas John F -- None Available
Loekle Fazekas John Frank $352,800 Driggs Title Agency Inc
Ottenstein Paul $270,000 First American Title Insuran
Dermanulian Mark $430,000 Guaranty Title Agency
Heath Patricia -- Omega Title Agency Llc
Heath Patricia $268,000 Tsa Title Agency
Naidu Leslie H $228,519 Stewart Title & Tr Of Phoeni
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fazekas John F $262,300
Previous Owner Loekle Fazekas John Frank $264,600
Previous Owner Dermanulian Mark $240,000
Previous Owner Heath Patricia $80,600
Previous Owner Heath Patricia $214,400
Previous Owner Naidu Leslie H $205,000
Closed Heath Patricia $53,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2012 03/28/12 Sold $270,000 -9.7% $161 / Sq Ft
10/28/2011 10/28/11 Price Changed $299,000 -14.3% $179 / Sq Ft
05/11/2011 05/11/11 For Sale $349,000 +29.3% $208 / Sq Ft
05/10/2011 05/10/11 Off Market $270,000 -- --
05/09/2011 05/09/11 Price Changed $349,000 -12.5% $208 / Sq Ft
11/17/2010 11/17/10 Price Changed $399,000 -12.3% $238 / Sq Ft
11/13/2007 11/13/07 For Sale $455,000 -- $272 / 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 $2,002 $33,677 -- --
2024 $1,879 $32,073 -- --
2023 $1,879 $42,960 $8,590 $34,370
2022 $1,789 $33,550 $6,710 $26,840
2021 $2,097 $31,530 $6,300 $25,230
2020 $2,093 $30,650 $6,130 $24,520
2019 $2,032 $28,870 $5,770 $23,100
2018 $1,989 $27,280 $5,450 $21,830
2017 $2,179 $26,330 $5,260 $21,070
2016 $2,142 $25,480 $5,090 $20,390
2015 $2,053 $26,910 $5,380 $21,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 2882153

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-73-080