$742,726 - $882,000
RENTED FEB 22, 2025

2042 E Dry Wood Rd Phoenix, AZ 85024

Mountaingate Neighborhood
4 Beds
2.5 Baths
2,579 Sq Ft
$314 Price per Sq Ft

Last Sold March 27, 2020

Last sale price $514,990 $200 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,530/month

Highlights

  • Gated Community
  • Mountain View
  • Eat-In Kitchen
  • Boulder Creek Elementary School Rated A
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of February 2025

2579 SQ FT! 4 bedroom, 2.5 bath gorgeous home with a thoughtful two-story floor plan! The stunning kitchen with dining area boasts ample cabinetry and counter space and is complete with a large center island with a breakfast bar. A sizable family room perfect for entertaining and relaxing. Front door entry living space perfect for a home office or additional living space. Tile flooring in all the right places. Blinds and ceiling fans throughout for added comfort and privacy. Large primary bedroom complete with two walk in closet, dual sinks and a large walk in shower. Three additional bedrooms with ample closet space and plush carpet. Laundry room with washer and dryer. Three car garage with hook ups for EV charger. Home is energy efficient due to the installed 12Kw Solar panels.

Last Agent to Rent the Property

Carrie DeRaps

On Q Property Management License #SA626407000 Listed on: 01/16/2025

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,890

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 5,625 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 3 Car Garage
  • Tandem Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,579 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Boulder Creek Elementary School
  • Mountain Trail Middle School
  • Pinnacle High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 1/16/25
  • $250 Move-In Fee
  • 12-Month Minimum Lease Term
  • $65 Application Fee
  • Tax Lot 131
  • Assessor Parcel Number 212-15-634

Community Details

Overview

  • Property has a Home Owners Association
  • Stone Butte HOA, Phone Number (602) 437-4777
  • Stone Butte Subdivision, Crow Floorplan

Recreation

  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,890

Year Built

Built in 2020 | Under Construction

Lot Details

0

Parking

3

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2025-01-16

Listing Details

  • Cross Street: Pinaccle Peak and Cave Creek Rd
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2020
  • Rental Info H O A Name: Stone Butte HOA
  • Non Assistive Animals: Call
  • Rental Info Rental Tax Percent: 2.3
  • Initial Move In Costs Admin Fee: 250.0
  • Initial Move In Costs Application Fee: 65.0
  • Lease Term Minimum Lease Term Months: 12
  • Master Model: CROW
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: STONE BUTTE
  • New Construction: No
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Laundry Features Washer Hookup: Yes
  • Construction:Wood Frame: Yes
  • Windows:Low-Emissivity Windows: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 2579.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, Vinyl Frame
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Under Construction
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Biking/Walking Path
  • Association Name: Stone Butte HOA
  • Phone: 602-437-4777
  • Association: Yes
  • Pets Allowed: Call

Schools

  • Elementary School: Boulder Creek Elementary
  • High School: Pinnacle High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Mountain Trail Middle School

Lot Info

  • Lot Size Sq Ft: 5625.0
  • Parcel #: 212-15-634

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 212.00
  • Tax Lot: 131
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Mar 25, 2020
Sold by
D R Horton Inc
Bought by
Ramarajan Magesh and Ramamoorthy Madana
Seller's Agent
Dominic Scola
DRH Properties Inc
Buyer's Agent
Prashant Garg
Delex Realty
List Price
$519,990
Sold Price
$514,990
Premium/Discount to List
-$5,000
-0.96%
Current Estimated Value
$808,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,942
Avg. Annual Appreciation
8.46%
Original Mortgage
$489,241
Outstanding Balance
$433,408
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$375,524
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
Ramarajan Magesh $514,990 Dhi Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramarajan Magesh $489,241
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2025 02/22/25 Rented $3,395 0.0% --
02/14/2025 02/14/25 Under Contract -- -- --
01/16/2025 01/16/25 Price Changed $3,395 -2.9% $1 / Sq Ft
01/16/2025 01/16/25 For Rent $3,495 0.0% --
03/27/2020 03/27/20 Sold $514,990 -1.0% $200 / Sq Ft View Prior Sale
02/02/2020 02/02/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $519,990 -- $202 / 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 $2,890 $34,260 -- --
2024 $2,825 $32,629 -- --
2023 $2,825 $46,760 $9,350 $37,410
2022 $2,798 $41,880 $8,370 $33,510
2021 $2,844 $41,450 $8,290 $33,160
2020 $1,490 $20,800 $4,160 $16,640
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2025

    Carrie DeRaps

    On Q Property Management

    (480) 518-9910

    Carrie DeRaps
    Section Image

  • N

    Tenant's Agent in 2025

    Non-MLS Agent

    Non-MLS Office

  • D

    Seller's Agent in 2020

    Dominic Scola

    DRH Properties Inc

    (480) 905-2223

    32 in this area

    184 Total Sales

    Dominic Scola
    Section Image
  • Prashant Garg

    Buyer's Agent in 2020

    Prashant Garg

    Delex Realty

    (480) 427-7113

    6 Total Sales

    Prashant Garg
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6805888

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-15-634

Arizona Maricopa County Phoenix 85024 Mountaingate

2042 E Dry Wood Rd, Phoenix, AZ

This home is located at 2042 E Dry Wood Rd, Phoenix, AZ 85024 since 16 January 2025 and is currently priced at $808,932. This property was built in 2020. 2042 E Dry Wood Rd is a home located in Maricopa County with nearby schools including Boulder Creek Elementary School, Mountain Trail Middle School, and Pinnacle 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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