NOT LISTED FOR SALE

Estimated Value: $1,401,000 - $1,744,000

4 Beds
5 Baths
3,645 Sq Ft
$430/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $795,000 $218 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $9,080/month

About This Home

As of November 2019

Beautifully appointed lease opportunity in DC Ranch! This stylishly furnished home in the Desert Parks tree-lined neighborhood offers ultimate easy living. Fully stocked home with new kitchenware, linens and accessories along with redecoration of the interior spaces make this a perfect turnkey opportunity. Just a block from a manicured park and inside a secure gate, this home is in an ideal location for families and winter visitors. Spacious floorplan features an office and guest bedroom on the main floor; Master suite, 2 additional guest bedrooms and a game room/loft on the second floor. Sunny outdoor living awaits with side patio and large pool/spa/bbq area in back. Very private setting with no neighbor behind. Easy access to schools, shopping and Loop 101. Truly a rare find!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2023
Sold by
Serra Family Trust
Bought by
J & J Serra Llc
Current Estimated Value
$1,566,759

Purchase Details

Listed on
Aug 21, 2019
Closed on
Nov 1, 2019
Sold by
Mehta Sachin and Mehta Smita Patil
Bought by
Serra John A and Serra Janet R
Seller's Agent
Christine Nelson
Ventana Fine Properties
Buyer's Agent
Mike Lehman
Silverleaf Realty
List Price
$825,000
Sold Price
$795,000
Premium/Discount to List
-$30,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%

Purchase Details

Closed on
Dec 22, 2016
Sold by
Mehta Sachin and Mehta Smita Patil
Bought by
Mehta Sachin and Mehta Smita Patil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2011
Closed on
Dec 22, 2011
Sold by
Sjostrom Fredrik P
Bought by
Mehta Sachin and Mehta Smita
Seller's Agent
Christine Nelson
Ventana Fine Properties
Buyer's Agent
Deepak Verma
Advanta Living Real Estate
List Price
$535,000
Sold Price
$600,000
Premium/Discount to List
$65,000
12.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$415,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2007
Sold by
Meritage Homes Of Arizona Inc
Bought by
Sjostrom Fredrik P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,889
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2006
Sold by
Levine Investments Lp
Bought by
Meritage Homes Construction Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
J & J Serra Llc -- None Listed On Document
Serra John A $795,000 First Arizona Title Agency
Mehta Sachin -- None Available
Mehta Sachin $600,000 Us Title Agency Llc
Sjostrom Fredrik P $1,031,112 First American Title Ins Co
Meritage Homes Of Arizona Inc -- First American Title Ins Co
Meritage Homes Construction Inc $4,315,200 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehta Sachin $265,500
Previous Owner Mehta Sachin $415,000
Previous Owner Meritage Homes Of Arizona Inc $824,889
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2020 03/01/20 Rented $6,000 -4.0% --
02/17/2020 02/17/20 For Rent $6,250 -2.3% --
02/01/2020 02/01/20 Rented $6,400 -1.5% --
01/15/2020 01/15/20 Under Contract -- -- --
12/02/2019 12/02/19 For Rent $6,500 0.0% --
11/18/2019 11/18/19 Sold $795,000 -3.6% $218 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $825,000 +37.5% $226 / Sq Ft
02/06/2012 02/06/12 Sold $600,000 +12.1% $165 / Sq Ft
01/26/2012 01/26/12 For Sale $535,000 0.0% $147 / Sq Ft
01/26/2012 01/26/12 Price Changed $535,000 0.0% $147 / Sq Ft
11/05/2011 11/05/11 Pending -- -- --
10/25/2011 10/25/11 For Sale $535,000 -- $147 / Sq Ft

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 $4,223 $82,524 -- --
2024 $5,766 $78,594 -- --
2023 $5,766 $99,560 $19,910 $79,650
2022 $5,475 $76,480 $15,290 $61,190
2021 $5,812 $69,930 $13,980 $55,950
2020 $5,763 $66,050 $13,210 $52,840
2019 $4,972 $61,810 $12,360 $49,450
2018 $4,806 $61,160 $12,230 $48,930
2017 $4,590 $60,320 $12,060 $48,260
2016 $4,492 $58,330 $11,660 $46,670
2015 $4,291 $56,580 $11,310 $45,270
Source: Public Records

Agents Affiliated with this Home

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