NOT LISTED FOR SALE

2523 E Electra Ln Phoenix, AZ 85024

Mountaingate Neighborhood

Estimated Value: $808,310 - $892,000

6 Beds
4 Baths
3,958 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $750,000 $189 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,064/month

24 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Covered Patio or Porch
  • Boulder Creek Elementary School Rated A
  • Santa Barbara Architecture
  • Balcony

About This Home

As of April 2023

Gorgeous Home in the quiet Desert Peak Community. This home offers an open spacious family room with a kitchen perfect for entertaining, granite countertops and stainless steel appliances. formal dining/living room 6 bedrooms, 4 bathrooms and a large loft. Stunning mountain views, and a great backyard that is easy to maintain and ideal for entertainment.

Last Agent to Sell the Property

Kamaljit Kaur

HomeSmart License #SA580787000 Listed on: 02/24/2023

HomeSmart

Co-Listed By

Rozhin Vatanpour

HomeSmart License #SA681104000

Last Buyer's Agent

Patrick Clark

Berkshire Hathaway HomeServices Arizona Properties License #SA679204000

Berkshire Hathaway HomeServices Arizona Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,531

Year Built

  • Built in 2007

Lot Details

  • 6,488 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,958 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Mountain Trail Middle School
  • Pinnacle High School

Utilities

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

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 212-42-235

Community Details

Overview

  • Association fees include ground maintenance
  • Desert Peak HOA, Phone Number (480) 719-4524
  • Built by DR Horton
  • Desert Peak Unit 1 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,531

Year Built

Built in 2007

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Cross Street: Pinnacle Peak and Cave Creek
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 63.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: cril04
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: DESERT PEAK UNIT 1
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Load Controller, Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 190.0
  • Dining Area:Breakfast Bar: 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: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3958.0
  • Stories: 2
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back
  • Pool Features: None
  • Pool Private: No
  • 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
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 190.0
  • Association Fee Frequency: Quarterly
  • Association Name: Desert Peak HOA
  • Phone: 480-719-4524
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Desert Peak HOA
  • Association Fees:HOA Telephone4: 480-719-4524
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 190.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 6488.0
  • Parcel #: 212-42-235

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Annual Amount: 3531.0
  • Tax Book Number: 212.00
  • Tax Lot: 14
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Apr 20, 2023
Sold by
Rafique Salam and Rafique Taleha
Bought by
Waks Daniel Aaron
Seller's Agent
Kamaljit Kaur
HomeSmart
Buyer's Agent
Patrick Clark
Berkshire Hathaway HomeServices Arizona Properties
List Price
$770,000
Sold Price
$750,000
Premium/Discount to List
-$20,000
-2.6%
Views
78
Current Estimated Value
$863,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,578
Avg. Annual Appreciation
6.01%

Purchase Details

Closed on
Jun 3, 2009
Sold by
Little Scott C and Little Karin L
Bought by
Rafique Salam and Malik Taleha

Purchase Details

Closed on
Sep 11, 2007
Sold by
Dr Horton Inc Dietz Crane
Bought by
Little Scott C and Little Karin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,026
Interest Rate
6.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Waks Daniel Aaron $737,500 Fidelity National Title Agency
Rafique Salam $412,000 Fidelity Natl Title Ins Co
Little Scott C $487,533 Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Little Scott C $390,026
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $750,000 -2.6% $189 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $770,000 -- $195 / 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 $3,662 $42,820 -- --
2024 $3,573 $40,781 -- --
2023 $3,573 $59,260 $11,850 $47,410
2022 $3,531 $46,650 $9,330 $37,320
2021 $3,555 $44,950 $8,990 $35,960
2020 $3,434 $43,550 $8,710 $34,840
2019 $3,449 $41,900 $8,380 $33,520
2018 $3,323 $39,360 $7,870 $31,490
2017 $3,174 $38,580 $7,710 $30,870
2016 $3,124 $37,910 $7,580 $30,330
2015 $2,898 $35,230 $7,040 $28,190
Source: Public Records

Agents Affiliated with this Home

  • Kamaljit Kaur

    Seller's Agent in 2023

    Kamaljit Kaur

    HomeSmart

    (602) 999-9168

    1 in this area

    52 Total Sales

    Kamaljit Kaur
    Section Image
  • Rozhin Vatanpour

    Seller Co-Listing Agent in 2023

    Rozhin Vatanpour

    HomeSmart

    (760) 877-2717

    1 in this area

    29 Total Sales

    Rozhin Vatanpour
    Section Image
  • Patrick Clark

    Buyer's Agent in 2023

    Patrick Clark

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 220-3394

    1 in this area

    62 Total Sales

    Patrick Clark
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6524388

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-42-235

Arizona Maricopa County Phoenix 85024 Mountaingate

2523 E Electra Ln, Phoenix, AZ

This home is located at 2523 E Electra Ln, Phoenix, AZ 85024 since 24 February 2023 and is currently estimated at $863,578, approximately $218 per square foot. This property was built in 2007. 2523 E Electra Ln is a home located in Maricopa County with nearby schools including Boulder Creek Elementary School, Mountain Trail Middle School, and Pinnacle High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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