NOT LISTED FOR SALE

Estimated Value: $1,494,000 - $1,702,000

4 Beds
3 Baths
3,056 Sq Ft
$514/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $545,000 $178 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $8,438/month

49 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Mountain View
  • Copper Ridge School Rated A
  • Gated Community
  • 2-minute walk to Terrace Homes West Park

About This Home

As of July 2012

Fantastic 4 bedroom, 2.5 bathroom Meritage home w/ Mtn. VIEWS situated on a corner cul-de-sac lot. Perfectly situated within the gated DC Ranch community & located across from big grassy park. Residence Two floorplan w/ approximately 3,056 square feet featuring high ceilings, NEW interior & exterior paint, granite slab countertops, Alder cabinetry, stainless steel appliances, diagonal tile flooring, & plantation shutters. Spacious kitchen that opens to the family room & features a gas fireplace w/custom stone surround. Downstairs master suite w/ stone countertops & his-n-hers walk-in closets & formal dining room w/ private interior courtyard. Two additional upstairs bedrooms and a large balcony with mountain VIEWS. Den can be easily converted to 4th bedroom (already has closet cut out).

Last Agent to Sell the Property

Don Matheson

RE/MAX Fine Properties License #SA112157000 Listed on: 05/10/2012

RE/MAX Fine Properties

Last Buyer's Agent

Scott Porambo

Prime House LLC License #BR036102000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,150

Year Built

  • Built in 2007

Lot Details

  • Desert faces the front of the property
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Desert Landscape

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,056 Sq Ft Home
  • Wired For Sound
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Open Floorplan
  • Formal Dining Room
  • Mountain Views
  • Fire Sprinkler System
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Double Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Parking

  • 3 Car Garage
  • Tandem Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Patio

Schools

  • Copper Ridge Elementary School
  • Copper Ridge Elementary Middle School
  • Chaparral High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • $3,380 per year Dock Fee
  • Association fees include common area maintenance, front yard maint
  • Dc Ranch Association, Phone Number (480) 513-1500
  • Located in the DC Ranch master-planned community
  • Built by Meritage Homes
  • Residence Two

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Bike Trail

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,150

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Tax Municipality: Scottsdale
  • Cross Street: Legacy and Pima Road
  • Legal Info Lot Number: 10
  • Legal Info Range: 5E
  • Legal Info Section: 31
  • Legal Info Township: 4N
  • Property Type: A
  • Technology: Cable TV Avail, High Speed Internet Available, Pre-Wire Sat Dish, Pre-Wire Srnd Snd
  • Assessor Parcel Number: 663.00
  • Hundred Block: 9400
  • Legal Description Abbrev: Dc Ranch Prcl 01 14
  • Marketing Name: DC Ranch
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst
  • Assessor Parcel Number: 217-71-663
  • HOA Association Fee: 170.90
  • HOA Name: DC Ranch Association
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480-513-1500
  • HOA Transfer Fee: 150.00
  • HOA Fees: Y
  • Total Monthly Fee Equivalent: 170.90
  • Association Rules: Prof Managed
  • Construction Finish: Painted, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 42.5FRDXO3G
  • Energy Green Features: Multi-Zones
  • Map Code Grid: K38
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub
  • Numberof Interior Levels: 2
  • Parking Spaces Garage Spaces: 3.00
  • Parking Spaces Total Covered Spaces: 3.00
  • Planned Comm Name: DC Ranch
  • Price per Sq Ft: 178.34
  • Property Group Id: 19990816212109142258000000
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2007
  • Tax Year: 2011
  • Directions: East to 94th Street. South to Desert Park. Thru gate and North on 94th Place to home on the NE corner.
  • Master Model: Residence Two
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Features: 9+ Flat Ceilings, Drink Wtr Filter Sys, Fire Sprinklers, Vaulted Ceiling(s)
  • Bedrooms: 4
  • Bedrooms Plus: 5.00
  • Other Rooms: Family Room, Great Room
  • Bathrooms: 2.50
  • Laundry: Wshr/Dry HookUp Only
  • Flooring: Carpet, Tile
  • Fireplace: 1 Fireplace, Fireplace Family Rm, Gas Fireplace
  • Master Bedroom Type: Downstairs, Split
  • Dining Area: Breakfast Bar, Dining in FR, Dining in LR/GR, Eat-in Kitchen, Formal
  • Estimated Lot Sq Ft: 7212.00
  • Estimated Sq Ft: 3056.00
  • Kitchen Features: Built-in Microwave, Cook Top Gas, Dishwasher, Disposal, Granite Countertops, Kitchen Island, Multiple Ovens, Pantry, Refrigerator, Walk-in Pantry, Wall Oven(s)
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 2
  • Pool: Community Only
  • Landscaping: Desert Front, Yrd Wtring Sys Front
  • Roofing: Tile
  • Fencing: Block
  • Construction: Frame - Wood
  • Exterior Features: Balcony, Patio, Private Street(s)
  • Pool Private: No Pool

Garage/Parking

  • Parking Features: Electric Door Opener, Tandem Garage

Utilities

  • Water: City Water
  • Utilities: APS, SW Gas
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas

Condo/Co-op/Association

  • Services: City Services
  • Community Features: Biking/Walking Path, Children's Playgrnd, Clubhouse/Rec Room, Comm Tennis Court(s), Community Pool, Community Pool Htd, Gated Community, Golf Course, Workout Facility
  • Fee Include: Common Area Maint, Front Yard Maint

Schools

  • Elementary School: Copper Ridge Elementary School
  • Middle School: Copper Ridge Elementary School
  • High School: Chaparral High School
  • Elementary School: Copper Ridge Elementary School
  • High School: Chaparral High School
  • Jr High School: Copper Ridge Elementary School

Lot Info

  • Property Description: Cul-De-Sac Lot, Mountain View(s)

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Taxes: 3380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2012
Closed on
Jul 26, 2012
Sold by
Empire Residential Arbitrage Fund I Llc
Bought by
Panzer Steven
Seller's Agent
Don Matheson
RE/MAX Fine Properties
Buyer's Agent
Scott Porambo
Prime House LLC
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%
Current Estimated Value
$1,465,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$920,203
Avg. Annual Appreciation
7.75%
Original Mortgage
$409,600
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2012
Sold by
Lee Hyun Wook
Bought by
Empire Residential Arbitrage Fund I Llc

Purchase Details

Closed on
Feb 4, 2008
Sold by
Lee Jisun
Bought by
Lee Hyun Wook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2008
Sold by
Meritage Homes Of Arizona Inc
Bought by
Lee Hyun Wook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
6.04%
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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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
Panzer Steven $545,000 Fidelity National Title Agen
Empire Residential Arbitrage Fund I Llc $456,000 Fidelity Natl Title Agency I
Lee Hyun Wook -- First American Title Ins Co
Lee Hyun Wook $720,000 First American Title Ins Co
Meritage Homes 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
Open Panzer Steven $400,000
Closed Panzer Steven $409,600
Previous Owner Lee Hyun Wook $612,000
Previous Owner Meritage Homes Arizona Inc $612,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2012 07/27/12 Sold $545,000 -3.5% $178 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
06/16/2012 06/16/12 Price Changed $565,000 -1.7% $185 / Sq Ft
06/15/2012 06/15/12 For Sale $575,000 0.0% $188 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $575,000 0.0% $188 / Sq Ft
05/13/2012 05/13/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $575,000 -- $188 / 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 $4,150 $74,058 -- --
2024 $5,174 $70,531 -- --
2023 $5,174 $90,380 $18,070 $72,310
2022 $4,913 $68,850 $13,770 $55,080
2021 $5,216 $63,480 $12,690 $50,790
2020 $5,172 $60,780 $12,150 $48,630
2019 $5,000 $56,710 $11,340 $45,370
2018 $5,452 $56,450 $11,290 $45,160
2017 $4,058 $56,250 $11,250 $45,000
2016 $3,946 $55,230 $11,040 $44,190
2015 $3,815 $53,550 $10,710 $42,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4757431

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-71-663