NOT LISTED FOR SALE

Estimated Value: $478,000 - $562,000

2 Beds
2 Baths
1,400 Sq Ft
$384/Sq Ft Est. Value

Last Sold November 13, 2018

Last sale price $225,000 $161 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $3,127/month

35 Days on Market

Highlights

  • Horses Allowed On Property
  • Cooling Available
  • Heating Available
  • No HOA
  • Carpet
  • Gas Fireplace

About This Home

As of November 2018

A vintage cottage nestled in the tall pines. Buy a cabin with everything for a bargain price. Plenty of room for a crew in the garage bunk house. The deep, detached garage will fit your crew cab truck.
A cozy cabin with a great room layout. Open kitchen and dining room. Two bedrooms plus a den and two bathrooms. Sits on a quiet cul-de-sac, 1 acre cabin site! Lots of towering Ponderosas. Huge covered deck. Tons of privacy!

Last Agent to Sell the Property

Charlie Walters

Real Estate Brokers Intl License #BR029262000 Listed on: 08/28/2018

Co-Listed By

Rhonda Walters

Real Estate Brokers Intl License #SA100611000

Last Buyer's Agent

Charlie Walters

Real Estate Brokers Intl License #BR029262000 Listed on: 08/28/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 1974

Lot Details

  • 0.93

Parking

  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Out Of Maricopa Cnty Elementary And Middle School
  • Out Of Maricopa Cnty High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Additional Features

  • 0.93 Acre Lot
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Forest Lakes Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 403-67-024-C

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,619

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Cross Street: AZ260 & Merzville Rd
  • Legal Info Range: 14E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2017
  • Directions: North on Merzville Rd, Left on Old Rim Rd, Right on Merzville Rd, Left on Peace Pl to property
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.93
  • Co List Office Mls Id: rebri01
  • Co List Office Phone: 480-756-0000
  • Subdivision Name: FOREST LAKES
  • Property Attached Yn: No
  • Tax Parcel Letter: C
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Living Area: 1400.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Wood Frame, Painted
  • Roof: Metal
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Sewer Septic Tank: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40511.0
  • Parcel #: 403-67-024-C

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1619.0
  • Tax Book Number: 403.00
  • Tax Lot: 25
  • Tax Map Number: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2021
Sold by
Best Lisa B and Best Donald J
Bought by
Best Lisa B and Best Donald J
Total Days on Market
35
Current Estimated Value
$540,672

Purchase Details

Listed on
Aug 28, 2018
Closed on
Oct 17, 2018
Sold by
Pourturk Jam and Niknam Farnoosh
Bought by
Best Lisa B and Best Donald J
Seller's Agent
Charlie Walters
Real Estate Brokers Intl
Buyer's Agent
Charlie Walters
Real Estate Brokers Intl
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%

Purchase Details

Closed on
Sep 12, 2007
Sold by
Jennings Terry H and Jennings Marianne M
Bought by
Pourturk Jame and Niknam Farnoosh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Best Lisa B -- None Listed On Document
Best Lisa B -- None Available
Best Lisa B $225,000 Empire West Title Agency Llc
Pourturk Jame $325,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pourturk Jam $249,280
Previous Owner Pourturk Jame $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $225,000 -2.2% $161 / Sq Ft
11/01/2018 11/01/18 For Sale $230,000 0.0% $164 / Sq Ft
11/01/2018 11/01/18 Price Changed $230,000 0.0% $164 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/27/2018 09/27/18 Price Changed $230,000 -4.2% $164 / Sq Ft
08/28/2018 08/28/18 For Sale $240,000 -- $171 / 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
2024 $2,173 $39,691 -- --
2023 $2,003 $29,415 $0 $0
2022 $1,918 $22,129 $0 $0
2021 $1,857 $20,500 $0 $0
2020 $1,758 $20,673 $0 $0
2019 $1,721 $19,089 $0 $0
2018 $1,662 $17,168 $0 $0
2017 $1,619 $16,162 $0 $0
2016 $1,520 $15,699 $0 $0
2015 $1,464 $15,448 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5812403

Arizona Regional Multiple Listing Service (ARMLS)

APN: 403-67-024C