NOT LISTED FOR SALE

Estimated Value: $408,799 - $467,000

4 Beds
2 Baths
1,898 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $230,500 $121 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,513/month

145 Days on Market

Highlights

  • Golf Course Community
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Palm Valley Elementary School Rated A-
  • Granite Countertops
  • 2 Car Direct Access Garage

About This Home

As of March 2017

This is the one you have been waiting for, newly remodeled, with new carpet, refinished cabinets, granite counters and tile in all the right places, this wonderful 4 bedroom, 2 bath home boasts vaulted ceilings and a neutral interior palette, Roomy master suite has bay windows, and the attached bath offers dual sinks, oval tub and frosted glass shower. The spacious backyard has a covered patio, and offers low landscaping with a shade tree, along with enough room for any additions you desire! Don’t wait! Come see today!

Last Agent to Sell the Property

Nic Silvester

eXp Realty License #BR572667000 Listed on: 09/15/2016

eXp Realty

Co-Listed By

Andrew Sawyer

Keller Williams Realty Biltmore Partners License #SA531251000

Last Buyer's Agent

Davina Oud

RETHINK Real Estate License #SA524195000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,726

Year Built

  • Built in 1994

Lot Details

  • 6,525 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,898 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

  • Palm Valley Elementary School
  • Western Sky Middle School
  • Millennium High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 129
  • Assessor Parcel Number 501-75-347

Community Details

Overview

  • Association fees include ground maintenance
  • Palm Valley Phase 1 Association, Phone Number (480) 314-7021
  • Built by Diamond Key
  • Palm Valley Phase 1 Parcel 22 Unit 1 Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,726

Year Built

Built in 1994

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Cross Street: Mcdowell Rd & Litchfield Rd
  • Legal Info Range: 1W
  • 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: 14.33
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2015
  • Directions: North on Litchfield Rd. East on Palm Valley Blvd. Turn left onto Wilshire Dr. Right onto 138th Ave to address.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: kwbp01
  • Co List Office Phone: 602-553-4400
  • Subdivision Name: PALM VALLEY PHASE 1 PARCEL 22 UNIT 1
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 172.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 1898.0
  • Stories: 1
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Community Features:Golf Course: Yes
  • 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
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 172.0
  • Association Fee Frequency: Annually
  • Association Name: Palm Valley Phase 1
  • Phone: 480-314-7021
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Palm Valley Phase 1
  • Association Fees:HOA Telephone4: 480-314-7021
  • 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: Palm Valley Elementary
  • High School: Millennium High School
  • Junior High Dist: Agua Fria Union High School District
  • Middle Or Junior School: Western Sky Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6525.0
  • Parcel #: 501-75-347
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Diamond Key

Tax Info

  • Tax Annual Amount: 1726.0
  • Tax Book Number: 501.00
  • Tax Lot: 129
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2016
Closed on
Feb 25, 2017
Sold by
Strategic Rental Fund 7 Llc
Bought by
Xie Bin Yan
Seller's Agent
Nic Silvester
eXp Realty
Buyer's Agent
Davina Oud
RETHINK Real Estate
List Price
$234,888
Sold Price
$230,500
Premium/Discount to List
-$4,388
-1.87%
Current Estimated Value
$440,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,450
Avg. Annual Appreciation
7.78%
Original Mortgage
$150,000
Outstanding Balance
$124,111
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$316,839

Purchase Details

Closed on
Oct 9, 2015
Sold by
Homestrong Usa Fund I Llc
Bought by
Strategic Rental Fund 7 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,475,984
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 3, 2014
Closed on
Nov 24, 2014
Sold by
Homestrong Usa Fund 1 Llc
Bought by
Strategic Rental Fund 7 Llc
Seller's Agent
Nic Silvester
eXp Realty
Buyer's Agent
Susan Day
West USA Realty
Sold Price
$1,300

Purchase Details

Closed on
Jul 8, 2013
Sold by
Wells Fargo Financial Arizona Inc
Bought by
Homestrong Usa Fund 1 Llc

Purchase Details

Closed on
Aug 17, 2012
Sold by
Southern Terrence and Southern Judy
Bought by
Wells Fargo Finacial Arizona Inc

Purchase Details

Closed on
Apr 15, 1995
Sold by
Diamond Key Homes Inc
Bought by
Southern Terrence and Southern Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,821
Interest Rate
8.77%
Mortgage Type
VA

Purchase Details

Closed on
Oct 25, 1994
Sold by
Suncor Development Company
Bought by
Diamond Key Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,750
Interest Rate
8.86%
Mortgage Type
Purchase Money Mortgage
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
Xie Bin Yan $230,500 Fidelity Natl Title Agency I
Strategic Rental Fund 7 Llc -- Fidelity Natl Title Agency
Strategic Rental Fund 7 Llc -- None Available
Homestrong Usa Fund 1 Llc $165,000 First American Title Ins Co
Wells Fargo Finacial Arizona Inc $229,319 Change Of Title Inc
Southern Terrence $115,987 Security Title Agency
Diamond Key Homes Inc $20,700 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xie Bin Yan $150,000
Previous Owner Strategic Rental Fund 7 Llc $2,475,984
Previous Owner Southern Terrence $115,821
Previous Owner Diamond Key Homes Inc $282,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2017 03/03/17 Sold $230,500 -1.9% $121 / Sq Ft
02/03/2017 02/03/17 For Sale $234,888 +1.9% $124 / Sq Ft
01/25/2017 01/25/17 Off Market $230,500 -- --
10/22/2016 10/22/16 Price Changed $234,888 0.0% $124 / Sq Ft
09/15/2016 09/15/16 For Sale $235,000 0.0% $124 / Sq Ft
01/01/2016 01/01/16 Rented $1,300 0.0% --
12/02/2015 12/02/15 For Rent $1,300 0.0% --
09/26/2014 09/26/14 Rented $1,300 0.0% --
09/26/2014 09/26/14 Under Contract -- -- --
08/25/2014 08/25/14 For Rent $1,300 -- --
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 $2,243 $18,126 -- --
2024 $2,181 $17,263 -- --
2023 $2,181 $30,110 $6,020 $24,090
2022 $2,108 $23,370 $4,670 $18,700
2021 $1,909 $21,910 $4,380 $17,530
2020 $1,869 $20,430 $4,080 $16,350
2019 $1,805 $18,210 $3,640 $14,570
2018 $1,783 $18,000 $3,600 $14,400
2017 $1,692 $16,470 $3,290 $13,180
2016 $1,856 $15,230 $3,040 $12,190
2015 $1,726 $14,430 $2,880 $11,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5497797

Arizona Regional Multiple Listing Service (ARMLS)

APN: 501-75-347