NOT LISTED FOR SALE

21797 E Pegasus Pkwy Unit 2 Queen Creek, AZ 85142

Estimated Value: $1,365,000 - $2,167,354

5 Beds
4.5 Baths
5,751 Sq Ft
$321/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $775,000 $135 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $10,561/month

274 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • RV Access or Parking
  • Newell Barney Middle School Rated A
  • Heated Pool
  • Gated Community

About This Home

As of November 2019

Huge price improvement! Live a life of luxury in this gorgeous, custom executive home located in the gated community of Pegasus Airpark. Unique basement home offers 4 bedrooms, 3.5 baths PLUS a separate guest casita with additional bedroom and full bath. Enter via the private courtyard and custom iron front door. Luxurious finishes include travertine flooring, designer paint and draperies. Living room and cozy family room boast views of the San Tan Mountains. Gourmet kitchen features alder cabinetry, granite counters, pantry and kitchen island. Enjoy the cozy gas fireplace in the family room. Luxury master suite features exit to patio, built in entertainment wall, dual vanities, huge walk in shower and jetted soaking tub. Separate bath with exterior exit is perfect when using the poo Double door office offers a private workspace. Convenient, large laundry with tons of storage space. Step down to the basement to find an entertainers dream with bar area and a huge home theater! 3 more bedrooms plus a full bath finish off this lower level dream house. Separate guest casita with full bath offers the upmost in privacy. Relax by the pool in your own private backyard resort. Outdoor entertaining at it's best with tons of covered patio overlooking palm trees, a sparkling pool and a mountain view backdrop. Built in BBQ and firepit complete the fun. Separate backlot area is perfect for those equestrian lovers. Large 4 car garage and separate parking pad behind the gate for RV parking or additional future garage additions. With just over an acre of land this home offers the ultimate privacy and space to grow!

Last Agent to Sell the Property

Sarah Anderson

RE/MAX Solutions License #SA586397000 Listed on: 01/17/2019

RE/MAX Solutions

Last Buyer's Agent

Russell Wald

West USA Realty License #BR638818000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,578

Year Built

  • Built in 2006

Lot Details

  • 1.05 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 5,751 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Mountain Views
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Heated Pool
  • Covered Patio or Porch
  • Fire Pit

Schools

  • Queen Creek Elementary School
  • Newell Barney Middle School
  • Queen Creek High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Guest House
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 304-91-536

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Pegasus HOA, Phone Number (480) 967-7182
  • Built by Custom
  • Pegasus Airpark Subdivision, Custom Floorplan

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,578

Year Built

Built in 2006

Lot Details

0

HOA Fees

$78 per month

Parking

4

Listing Details

  • Cross Street: Ellsworth & Riggs
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 78.0
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Tax Year: 2018
  • Directions: S on Ellsworth . Left on Pegasus Pkwy ( no street sign, watch for Pegasus entry monument). Follow to the gate. Proceed through gate and take an immediate left on Achilles Way. Right on Pegasus Parkway
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.05
  • Subdivision Name: PEGASUS AIRPARK
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 234.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Stone
  • Basement YN: Yes
  • Spa Features: None
  • Appliances: Water Purifier
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Central Vacuum, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 5751.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Media Room: Yes
  • Basement Description:Finished2: Yes
  • Community Features:Runway Access3: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Runway Access
  • Association Fee: 234.0
  • Association Fee Frequency: Quarterly
  • Association Name: Pegasus HOA
  • Phone: 480-967-7182
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Pegasus HOA
  • Association Fees:HOA Telephone4: 480-967-7182
  • 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_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Queen Creek Elementary School
  • High School: Queen Creek High School
  • Junior High Dist: Queen Creek Unified District
  • Middle Or Junior School: Newell Barney Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 45920.0
  • Parcel #: 304-91-536

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 7578.0
  • Tax Book Number: 304.00
  • Tax Lot: 70
  • Tax Map Number: 91.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Lanning Kris N and Lanning Shannon L
Bought by
Lanning Family Revocable Living Trust and Lanning
Current Estimated Value
$1,845,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$989,026
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
$715,856

Purchase Details

Listed on
Jan 17, 2019
Closed on
Nov 12, 2019
Sold by
Nardi Donald J and Nardi Loretta M
Bought by
Lanning Kris N and Lanning Shannon L
Seller's Agent
Sarah Anderson
RE/MAX Solutions
Buyer's Agent
Russell Wald
West USA Realty
List Price
$899,000
Sold Price
$775,000
Premium/Discount to List
-$124,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.45%
Original Mortgage
$484,350
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2011
Sold by
Whittle Paul and Whittle Camille
Bought by
Nardi Donald J and Nardi Loretta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2007
Sold by
Whittle Paul
Bought by
Whittle Paul and Watson Camille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2005
Sold by
Clark Denny R and Clark Kelly H
Bought by
Whittle Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,881
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2004
Sold by
Platinum Equity Partners
Bought by
Clark Denny R and Clark Kelly H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2004
Sold by
Circle G Pegasus Llc
Bought by
Platinum Equity Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lanning Family Revocable Living Trust -- None Listed On Document
Lanning Kris N $775,000 Clear Title Agency Of Az
Nardi Donald J $550,000 Great American Title Agency
Whittle Paul -- First American Title Ins Co
Whittle Paul $324,900 Capital Title Agency Inc
Clark Denny R $304,000 Arizona Title Agency Inc
Platinum Equity Partners $110,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Triple D & K Clark Living Trus $1,000,000
Previous Owner Lanning Kris Nelson $480,000
Previous Owner Lanning Kris N $484,350
Previous Owner Nardi Donald J $324,000
Previous Owner Nardi Donald J $330,000
Previous Owner Whittle Paul $824,000
Previous Owner Whittle Paul $576,881
Previous Owner Whittle Paul $0
Previous Owner Clark Denny R $204,000
Previous Owner Platinum Equity Partners $80,000
Closed Whittle Paul $115,256
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $775,000 -3.1% $135 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
09/13/2019 09/13/19 Price Changed $800,000 -5.9% $139 / Sq Ft
06/10/2019 06/10/19 Price Changed $849,900 -2.9% $148 / Sq Ft
03/18/2019 03/18/19 Price Changed $875,000 -2.7% $152 / Sq Ft
01/17/2019 01/17/19 For Sale $899,000 -- $156 / 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 $7,822 $79,374 -- --
2024 $7,984 $75,595 -- --
2023 $7,984 $130,900 $26,180 $104,720
2022 $7,623 $83,910 $16,780 $67,130
2021 $7,723 $76,580 $15,310 $61,270
2020 $7,481 $70,230 $14,040 $56,190
2019 $7,851 $70,320 $14,060 $56,260
2018 $7,578 $63,670 $12,730 $50,940
2017 $7,214 $64,530 $12,900 $51,630
2016 $7,153 $60,220 $12,040 $48,180
2015 $6,772 $59,760 $11,950 $47,810
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5872207

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-91-536