$150,000
SOLD NOV 3, 2014

2040 S Luther Mesa, AZ 85209

3 Beds
2 Baths
1,363 Sq Ft
4,050 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

3% Above List Price

36 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Corner Lot
  • Boulder Creek Elementary School Rated A-
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of November 2014

BEAUTIFUL 3 BEDROOM, 2 BATH HOME LOCATED IN THE DESIRABLE MARBELLA SUBDIVISION. OPEN FLOOR PLAN WITH LIVING ROOM LEADING TO THE FAMILY ROOM/EATING AREA AND LARGE, SPACIOUS KITCHEN. GRANITE COUNTER-TOPS, AMPLE CABINET SPACE & PANTRY FOR ADDITIONAL STORAGE. BACKYARD IS PERFECT FOR ENTERTAINING WITH THE A COVERED PATIO. CONVENIENT ACCESS TO US 60 AND THE 202. CLOSE TO SCHOOLS, SHOPPING, AND ENTERTAINMENT. DON'T MISS IT!

Last Agent to Sell the Property

Royce Munroe

Munroe Multifamily License #BR512795000 Listed on: 09/10/2014

Munroe Multifamily

Last Buyer's Agent

Sarah Parker

Dave Johnson Realty License #SA642579000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $791

Year Built

  • Built in 2003

Lot Details

  • 4,050 Sq Ft Lot
  • Desert faces the front of the property
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Corner Lot
  • Backyard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,363 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Heated Spa
  • Covered Patio or Porch

Schools

  • Boulder Creek Elementary - Mesa
  • Desert Ridge High Middle School
  • Desert Ridge High School

Utilities

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

Listing and Financial Details

  • Tax Lot 154
  • Assessor Parcel Number 312-08-154

Community Details

Overview

  • Property has a Home Owners Association
  • Marbella HOA, Phone Number (480) 539-1396
  • Marbella Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$791

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Baseline and Hawes
  • Legal Info Range: 7E
  • 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: 98.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2003
  • Tax Year: 2013
  • Directions: S TO KILAREA, E THROUGH GATE, N ON SHELBY, E ON KEATS, N ON LYNCH, E AT KIVA, S ON LUTHER & FOLLOW TO HOME.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.09
  • Subdivision Name: MARBELLA
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 98.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1363.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:Gated Community2: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Spa: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Private Street(s)
  • Lot Features: Sprinklers In Rear, Corner Lot, Desert Front, Cul-De-Sac
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: MARBELLA HOA
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: MARBELLA HOA
  • Association Fees:HOA Telephone4: 480-539-1396
  • 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: Boulder Creek Elementary - Mesa
  • High School: Desert Ridge High
  • Middle Or Junior School: Desert Ridge High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4050.0
  • Parcel #: 312-08-154
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 790.9
  • Tax Book Number: 312.00
  • Tax Lot: 154
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2014
Closed on
Oct 28, 2014
Sold by
Babcock Rachel
Bought by
Ih5 Property Phoenix Lp
Seller's Agent
Stuart Turner
Invitation Homes
Buyer's Agent
Kathy Lockhart
HomeSmart
Sold Price
$1,095
Current Estimated Value
$386,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,711
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Sep 23, 2009
Sold by
Flaherty Lindi and Flaherty Tanner
Bought by
Engle William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2008
Sold by
Bank Of New York
Bought by
Flahery Lindi and Flaherty Tanner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2008
Sold by
Scarlett Mark
Bought by
Bank Of New York and Certificateholders Cwalt Inc Alternative

Purchase Details

Closed on
Mar 17, 2005
Sold by
Scarlett Connie C Q
Bought by
Scarlett Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2005
Sold by
Scarlett Brandon
Bought by
Scarlett Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2005
Sold by
Scarlett Mark
Bought by
Scarlett Brandon

Purchase Details

Closed on
Sep 9, 2004
Sold by
Scarlett C Q
Bought by
Scarlett Mark

Purchase Details

Closed on
Jul 18, 2003
Sold by
Scarlett Mark
Bought by
Scarlett Brandon

Purchase Details

Closed on
Feb 28, 2003
Sold by
Kb Home Sales Phoenix Inc
Bought by
Scarlett Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,264
Interest Rate
5.71%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Cash Sale Deed $150,000 Clear Title Agency
Warranty Deed $135,000 American Title Service Agenc
Special Warranty Deed $137,900 First American Title Ins Co
Trustee Deed $188,100 First American Title
Interfamily Deed Transfer -- Old Republic Title Agency
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $156,321 First American Title Ins Co
Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $108,000 New Conventional
Previous Owner $127,900 New Conventional
Previous Owner $216,000 Unknown
Previous Owner $54,000 Stand Alone Second
Previous Owner $168,000 Purchase Money Mortgage
Previous Owner $31,264 Stand Alone Second
Previous Owner $125,056 New Conventional
Closed $42,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2017 09/18/17 Rented $1,225 0.0% --
09/07/2017 09/07/17 Under Contract -- -- --
09/02/2017 09/02/17 For Rent $1,225 +5.6% --
01/30/2016 01/30/16 Rented $1,160 0.0% --
01/15/2016 01/15/16 For Rent $1,160 0.0% --
01/14/2016 01/14/16 Under Contract -- -- --
01/06/2016 01/06/16 For Rent $1,160 0.0% --
01/06/2016 01/06/16 Under Contract -- -- --
01/05/2016 01/05/16 For Rent $1,160 +5.9% --
12/19/2014 12/19/14 Rented $1,095 0.0% --
12/14/2014 12/14/14 Under Contract -- -- --
12/12/2014 12/12/14 For Rent $1,095 0.0% --
11/03/2014 11/03/14 Sold $150,000 0.0% $110 / Sq Ft
09/18/2014 09/18/14 Off Market $150,000 -- --
09/12/2014 09/12/14 For Sale $145,000 -3.3% $106 / Sq Ft
09/10/2014 09/10/14 Off Market $150,000 -- --
09/09/2014 09/09/14 For Sale $145,000 -- $106 / 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 $1,268 $14,675 -- --
2024 $1,275 $13,976 -- --
2023 $1,275 $28,070 $5,610 $22,460
2022 $1,246 $20,720 $4,140 $16,580
2021 $1,316 $19,250 $3,850 $15,400
2020 $1,294 $17,580 $3,510 $14,070
2019 $1,211 $16,000 $3,200 $12,800
2018 $1,160 $14,570 $2,910 $11,660
2017 $1,126 $13,160 $2,630 $10,530
2016 $1,151 $12,530 $2,500 $10,030
2015 $1,060 $11,650 $2,330 $9,320
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Stuart Turner

    Invitation Homes

  • J

    Buyer's Agent in 2017

    Jane Wofford

    HomeSmart

    Section Image
  • Allison Gualtiere

    Buyer's Agent in 2016

    Allison Gualtiere

    Cambridge Properties

    (602) 549-5012

    69 Total Sales

    Allison Gualtiere
    Section Image

  • R

    Seller's Agent in 2014

    Royce Munroe

    Munroe Multifamily

    (480) 221-5449

    23 Total Sales

    Royce Munroe
    Section Image
  • Kathy Lockhart

    Buyer's Agent in 2014

    Kathy Lockhart

    HomeSmart

    (602) 686-8037

    19 Total Sales

    Kathy Lockhart
    Section Image

  • S

    Buyer's Agent in 2014

    Sarah Parker

    Dave Johnson Realty

    9 Total Sales

    Sarah Parker
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5169106

Arizona Regional Multiple Listing Service (ARMLS)

APN: 312-08-154

Arizona Maricopa County Mesa 85209

2040 S Luther, Mesa, AZ

This home is located at 2040 S Luther, Mesa, AZ 85209 and is currently priced at $150,000, approximately $110 per square foot. This property was built in 2003. 2040 S Luther is a home located in Maricopa County with nearby schools including Boulder Creek Elementary School, Desert Ridge Jr. High School, and Desert Ridge 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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