NOT LISTED FOR SALE

2516 E Electra Ln Unit 1 Phoenix, AZ 85024

Mountaingate Neighborhood

Estimated Value: $719,030 - $760,000

4 Beds
2.5 Baths
2,821 Sq Ft
$260/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $438,500 $155 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,293/month

3 Days on Market

Highlights

  • RV Gated
  • Mountain View
  • Corner Lot
  • Boulder Creek Elementary School Rated A
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of March 2020

This stunning recently updated property boasts 4 spacious bedrooms with 2.5 bath, Bonus Room/Den and additional Loft on 2nd level. Corner lot property has convenient RV Gate, covered patio, spacious Great room, vaulted ceilings, Plantation shutters and more! Backyard Upgraded with Synthetic Turf, Putting Green and plenty of space for Pool. New carpet and paint throughout home. Recently updated master bath and brand new stainless steel kitchen appliances. Gas Stub avail. ****Pinnacle High School ranked in Top 5 schools in AZ******

Last Agent to Sell the Property

Elina Halse

Berkshire Hathaway HomeServices Arizona Properties License #SA688317000 Listed on: 01/29/2020

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Neema Enriquez

My Home Group Real Estate License #SA643071000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,811

Year Built

  • Built in 2007

Lot Details

  • 6,698 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,821 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Mountain Views

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
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

  • Mountain Trail Middle School
  • Pinnacle High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, street maintenance
  • Aam Llc Association, Phone Number (602) 957-9191
  • Built by DR HORTON
  • Desert Peak Unit 1 Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 212-42-232

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,811

Year Built

Built in 2007

Lot Details

0

HOA Fees

$54 per month

Parking

3

Listing Details

  • Cross Street: Cave Creek & Deer Valley
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 54.33
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2013
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2013
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2007
  • Tax Year: 2019
  • Directions: North on Cave Creek Rd, West on Desert Peak/Pinnacle Peak, South on 25th Place, East on Electra
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: DESERT PEAK UNIT 1
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 163.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2821.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: 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:Loft: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Desert Back, Desert Front, Synthetic Grass Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 163.0
  • Association Fee Frequency: Quarterly
  • Association Name: Desert Peak
  • Phone: 602-957-9191
  • 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: Desert Peak
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM LLC
  • Association Fees:HOA Management Phone: 602-957-9191
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • 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: 6698.0
  • Parcel #: 212-42-232

Building Info

  • Builder Name: DR HORTON

Tax Info

  • Tax Annual Amount: 2811.0
  • Tax Book Number: 212.00
  • Tax Lot: 11
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Mar 3, 2020
Sold by
Halse Brady D
Bought by
Henry Katherine A and Henry Sean M
Seller's Agent
Elina Halse
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Neema Enriquez
My Home Group Real Estate
List Price
$438,500
Sold Price
$438,500
Current Estimated Value
$734,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,008
Avg. Annual Appreciation
9.85%
Original Mortgage
$438,500
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Listed on
Dec 8, 2012
Closed on
Feb 27, 2013
Sold by
Auzas Deborah Ann
Bought by
Halse Brady D and Limpus Kristopher M
Seller's Agent
Alisa Harris
HomeSmart
Buyer's Agent
Heather Martin
eXp Realty
List Price
$335,000
Sold Price
$317,000
Premium/Discount to List
-$18,000
-5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$253,600
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2010
Sold by
Mclain Nicholas W and Hennings Kimberly R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 17, 2007
Sold by
D R Horton Inc Dietz Crane
Bought by
Mclain Nicholas W and Hennings Kimberly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,482
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2001
Sold by
Fannie Mae
Bought by
Auzas Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,956
Interest Rate
4.34%
Mortgage Type
FHA
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
Henry Katherine A $438,500 Driggs Title Agency Inc
Halse Brady D $317,000 First Arizona Title Agency
Federal National Mortgage Association $325,773 First American Title
Mclain Nicholas W $357,482 Dhi Title Of Arizona Inc
Auzas Deborah Ann $262,614 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Sean M $100,000
Open Henry Katherine A $434,188
Closed Henry Katherine A $438,500
Previous Owner Halse Brady D $253,600
Previous Owner Mclain Nicholas W $357,482
Previous Owner Auzas Deborah Ann $255,956
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2020 03/09/20 Sold $438,500 0.0% $155 / Sq Ft
01/29/2020 01/29/20 For Sale $438,500 +38.3% $155 / Sq Ft
02/28/2013 02/28/13 Sold $317,000 -2.5% $112 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
01/08/2013 01/08/13 Price Changed $325,000 -3.0% $115 / Sq Ft
12/08/2012 12/08/12 For Sale $335,000 -- $119 / 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 $2,944 $34,900 -- --
2024 $2,877 $33,238 -- --
2023 $2,877 $50,230 $10,040 $40,190
2022 $2,851 $39,360 $7,870 $31,490
2021 $2,897 $37,700 $7,540 $30,160
2020 $2,798 $36,380 $7,270 $29,110
2019 $2,811 $34,880 $6,970 $27,910
2018 $2,709 $32,570 $6,510 $26,060
2017 $2,587 $31,680 $6,330 $25,350
2016 $2,546 $31,260 $6,250 $25,010
2015 $2,362 $28,960 $5,790 $23,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6030128

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-42-232