$388,500
SOLD SEP 23, 2016
4 Beds
3 Baths
2,524 Sq Ft
7,200 Sq Ft Lot

Recently Sold

$154 Per Sq Ft

16% Below List Price

96 Days on Market

Highlights

  • Play Pool
  • 1 Fireplace
  • Covered Patio or Porch
  • Pinnacle Peak Elementary School Rated A
  • Granite Countertops
  • Balcony

About This Home

As of February 2017

Gorgeous home located in the stunning Pinnacle Reserve subdivision. Home has everything your heart could desire from the interior upgrades, to the pool and waterfall, to the 3 car garage, to the balcony with city lights. With 4 bedrooms and 3 bathrooms, this home is sure to please. Private bedroom and bathroom downstairs with oversized master and 2 additional bedrooms upstairs. Luxury awaits.

Last Agent to Sell the Property

Marlene Cerreta

Cerreta Real Estate License #BR536275000 Listed on: 06/02/2016

Co-Listed By

Aimee Mitchell

Cerreta Real Estate License #SA536274000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 1998

Lot Details

  • 7,200 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,524 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Solar Screens
  • Fire Sprinkler System

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Play Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Pinnacle Peak Preparatory Elementary School
  • Mountain Trail Middle School
  • Pinnacle High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 221
  • Assessor Parcel Number 212-06-317

Community Details

Overview

  • Association fees include ground maintenance
  • Pinnacle Peak Reserv Association, Phone Number (623) 877-1396
  • Built by MORRISON
  • Pinnacle Reserve 2 Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,967

Year Built

Built in 1998

Lot Details

0

HOA Fees

$28 per month

Parking

3

Listing Details

  • Cross Street: SCOTTSDALE RD & HAPPY VALLEY
  • Legal Info Range: 4E
  • 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: 27.5
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2015
  • Directions: SOUTH SCOTTSDALE TO JUAN TABO ~ EAST ON JUAN TABO TO 74TH PL. ~ SOUTH TO HOME.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: cerr01
  • Co List Office Phone: 623-266-6888
  • Subdivision Name: PINNACLE RESERVE 2
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 27.5
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: Auction

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Breakfast Bar, Fire Sprinklers, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 2524.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front
  • Pool Features: Play Pool, Fenced, Private
  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Amenities: Management
  • Association Fee: 27.5
  • Association Fee Frequency: Monthly
  • Association Name: PINNACLE PEAK RESERV
  • Phone: 623-877-1396
  • 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: PINNACLE PEAK RESERV
  • Association Fees:HOA Telephone4: 623-877-1396
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7200.0
  • Parcel #: 212-06-317
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: MORRISON

Tax Info

  • Tax Annual Amount: 2967.0
  • Tax Book Number: 212.00
  • Tax Lot: 221
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2016
Closed on
Jan 11, 2017
Sold by
Mortgage Guaranteed Investments Llc
Bought by
Schembri David and Schembri Jessica
Seller's Agent
I. Jay Bernstein
Evolve Realty, LLC
Buyer's Agent
Mike Bodeen
HomeSmart
List Price
$474,900
Sold Price
$450,000
Premium/Discount to List
-$24,900
-5.24%
Current Estimated Value
$1,002,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,031
Avg. Annual Appreciation
9.73%
Original Mortgage
$400,050
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2016
Closed on
Sep 9, 2016
Sold by
Us Bank National Association
Bought by
Mortgage Guaranteed Investments Llc
Seller's Agent
Marlene Cerreta
Cerreta Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$460,000
Sold Price
$388,500
Premium/Discount to List
-$71,500
-15.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.21%

Purchase Details

Closed on
May 19, 2016
Sold by
Levitt Gerald H and Levitt Janis
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 28, 2005
Sold by
Levitt Gerald H and Levitt Janis
Bought by
Levitt Gerald H and Levitt Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2003
Sold by
Griswold David D
Bought by
Levitt Gerald H and Levitt Janis Dee

Purchase Details

Closed on
Apr 4, 2003
Sold by
Kleppe Martin I and Kleppe Heather R
Bought by
Griswold David D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,920
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2003
Sold by
Griswold Nan K
Bought by
Griswold David D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,920
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2002
Sold by
Kleppe Martin I and Kleppe Heather R
Bought by
Kleppe Martin I and Kleppe Heather R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,100
Interest Rate
6.24%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 21, 2000
Sold by
Kleppe Martin I and Kleppe Heather R
Bought by
Kleppe Martin I and Kleppe Heather R

Purchase Details

Closed on
Oct 13, 1998
Sold by
Morrison Homes Of Arizona Inc
Bought by
Kleppe Martin I and Kleppe Heather R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.79%
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 Type Sale Price Title Company
Warranty Deed $444,500 First American Title Ins Co
Cash Sale Deed $388,500 Title 365 Agency
Trustee Deed $389,721 Title365
Interfamily Deed Transfer -- Stewart Title & Trust Of Pho
Interfamily Deed Transfer -- Stewart Title & Trust Of Pho
Cash Sale Deed $360,000 Fidelity National Title
Warranty Deed $334,900 Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Interfamily Deed Transfer -- Title Guaranty Agency
Interfamily Deed Transfer -- --
Warranty Deed $232,455 Security Title Agency
Quit Claim Deed -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,500 New Conventional
Closed $400,050 New Conventional
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $267,920 Purchase Money Mortgage
Previous Owner $267,920 Purchase Money Mortgage
Previous Owner $180,100 Balloon
Previous Owner $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2017 02/10/17 Sold $450,000 -3.2% $178 / Sq Ft
01/09/2017 01/09/17 Price Changed $465,000 -2.1% $184 / Sq Ft
11/30/2016 11/30/16 For Sale $474,900 +22.2% $188 / Sq Ft
09/23/2016 09/23/16 Sold $388,500 -16.5% $154 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
07/01/2016 07/01/16 Price Changed $465,000 +1.1% $184 / Sq Ft
06/02/2016 06/02/16 For Sale $460,000 -- $182 / 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 $3,214 $46,658 -- --
2024 $3,474 $44,436 -- --
2023 $3,474 $63,700 $12,740 $50,960
2022 $3,415 $48,180 $9,630 $38,550
2021 $3,488 $45,500 $9,100 $36,400
2020 $3,374 $43,260 $8,650 $34,610
2019 $3,402 $37,800 $7,560 $30,240
2018 $3,293 $38,120 $7,620 $30,500
2017 $3,122 $38,330 $7,660 $30,670
2016 $3,681 $36,830 $7,360 $29,470
2015 $2,967 $33,550 $6,710 $26,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5451603

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-06-317