NOT LISTED FOR SALE

2524 E Electra Ln Unit 1 Phoenix, AZ 85024

Mountaingate Neighborhood

Estimated Value: $640,859 - $687,000

4 Beds
2 Baths
2,304 Sq Ft
$292/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $375,000 $163 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,793/month

24 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Granite Countertops
  • Mountain Trail Middle School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of July 2017

Incredible opportunity to own an amazing 4 bed, 2 bath property located in Phoenix! This fabulous home features desert landscaping, 2 car garage, vaulted ceilings, formal living & dining room, and plantation shutters throughout. The gorgeous kitchen offers stainless steel appliances, ample cabinetry with crown molding, walk-in pantry, granite countertops, and a lovely island with breakfast bar. The spacious master suite features a full bath with separate tub & step-in shower, and a large walk-in closet. The charming backyard is comprised of a covered patio, outdoor bar, seating area with a ramada, and grassy landscaping perfect for the kids to play. This fantastic house is everything you're looking for. Don't wait any longer and schedule a showing before it's gone!

Last Agent to Sell the Property

Christopher Namie

DRH Properties Inc License #SA544246000 Listed on: 05/12/2017

DRH Properties Inc

Last Buyer's Agent

Benjamin Hawkins

Sound Realty License #SA639936000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,303

Year Built

  • Built in 2007

Lot Details

  • 6,530 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,304 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

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch
  • Gazebo
  • Built-In Barbecue

Schools

  • Mountain Trail Middle School

Utilities

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

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 212-42-230

Community Details

Overview

  • Association fees include ground maintenance
  • Aam Association, Phone Number (602) 957-9191
  • Built by D R Horton Homes
  • Desert Peak Unit 1 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,303

Year Built

Built in 2007

Lot Details

0

HOA Fees

$51 per month

Parking

2

Listing Details

  • Cross Street: Pinnacle Peak Rd & Cave Creek Rd
  • Legal Info Range: 3E
  • 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: 51.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: DESERT PEAK UNIT 1
  • Architectural Style: Contemporary, Territorial/Santa Fe
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 162.76
  • Association Fees:HOA Fee2: 153.0
  • 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, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2304.0
  • Stories: 1
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Gazebo/Ramada, Patio, Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 153.0
  • Association Fee Frequency: Quarterly
  • Association Name: AAM
  • 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: AAM
  • 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

  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Mountain Trail Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6530.0
  • Parcel #: 212-42-230
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: D R Horton Homes

Tax Info

  • Tax Annual Amount: 2303.0
  • Tax Book Number: 212.00
  • Tax Lot: 9
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2017
Closed on
Jun 29, 2017
Sold by
Bowie Joshua M
Bought by
Bowie Ariana
Seller's Agent
Christopher Namie
DRH Properties Inc
Buyer's Agent
Benjamin Hawkins
Sound Realty
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
$672,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,715
Avg. Annual Appreciation
7.16%
Original Mortgage
$337,500
Outstanding Balance
$280,790
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$391,925

Purchase Details

Listed on
Aug 10, 2013
Closed on
Sep 17, 2013
Sold by
Hutton Holly
Bought by
Hutton Chad
Seller's Agent
Karen Peck
HomeSmart
Buyer's Agent
Terra Morales
Realty ONE Group
List Price
$355,700
Sold Price
$345,000
Premium/Discount to List
-$10,700
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%
Original Mortgage
$258,750
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2011
Sold by
Morgan Killian
Bought by
Morgan Jacob E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2010
Sold by
Carbajal Raul O and Quintana Ruby C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 19, 2007
Sold by
D R Horton Inc Dietz Crane
Bought by
Carbajal Raul O and Quintana Ruby C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,253
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bowie Ariana -- Fidelity National Title Agen
Bowie Ariana $375,000 Fidelity National Title Agen
Hutton Chad -- Fidelity National Title Agen
Hutton Chad $345,000 Fidelity National Title Agen
Morgan Jacob E -- Lawyers Title Of Arizona Inc
Morgan Jacob E $204,000 Lawyers Title Of Arizona Inc
Federal National Mortgage Association $407,760 Accommodation
Carbajal Raul O $367,253 Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowie Ariana $337,500
Previous Owner Hutton Chad $258,750
Previous Owner Morgan Jacob E $183,600
Previous Owner Carbajal Raul O $367,253
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2017 07/28/17 Sold $375,000 -6.0% $163 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $399,000 +15.7% $173 / Sq Ft
09/18/2013 09/18/13 Sold $345,000 -1.4% $150 / Sq Ft View Prior Sale
08/23/2013 08/23/13 Pending -- -- --
08/18/2013 08/18/13 Price Changed $349,900 -1.6% $152 / Sq Ft
07/31/2013 07/31/13 For Sale $355,700 -- $154 / 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 $2,734 $31,569 -- --
2024 $2,603 $30,066 -- --
2023 $2,603 $47,750 $9,550 $38,200
2022 $2,579 $37,270 $7,450 $29,820
2021 $2,621 $35,480 $7,090 $28,390
2020 $2,531 $33,800 $6,760 $27,040
2019 $2,543 $32,120 $6,420 $25,700
2018 $2,450 $29,800 $5,960 $23,840
2017 $2,340 $28,770 $5,750 $23,020
2016 $2,303 $28,270 $5,650 $22,620
2015 $2,136 $26,230 $5,240 $20,990
Source: Public Records

Agents Affiliated with this Home

  • Christopher Namie

    Seller's Agent in 2017

    Christopher Namie

    DRH Properties Inc

    (602) 799-4099

    12 in this area

    154 Total Sales

    Christopher Namie
    Section Image
  • Benjamin Hawkins

    Buyer's Agent in 2017

    Benjamin Hawkins

    Sound Realty

    (602) 410-6388

    6 Total Sales

    Benjamin Hawkins
    Section Image

  • K

    Seller's Agent in 2013

    Karen Peck

    HomeSmart

    (480) 443-7400

    13 Total Sales

    Karen Peck
    Section Image
  • Terra Morales

    Buyer's Agent in 2013

    Terra Morales

    Realty One Group

    (602) 339-4663

    51 Total Sales

    Terra Morales
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5604950

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-42-230

Arizona Maricopa County Phoenix 85024 Mountaingate

2524 E Electra Ln Unit 1, Phoenix, AZ

Not Listed for Sale

Detached

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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