NOT LISTED FOR SALE

2525 W Novak Way Phoenix, AZ 85041

South Mountain Neighborhood

Estimated Value: $356,401 - $387,000

3 Beds
2.5 Baths
1,503 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $165,000 $110 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,190/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Breakfast Bar
  • Phoenix Coding Academy Rated A
  • Community Pool
  • Community Playground

About This Home

As of November 2016

Wonderful two story home in Mountain West Estates! This 3 bedroom, 2.5 bath home features new paint, brand new carpet, ceiling fans in all the rooms, and so much more. Enter to the huge great room, with vaulted ceilings and plenty of natural light. The open kitchen has a breakfast bar, black appliances, and plenty of cabinet space. Upstairs the Master Bedroom includes a double door entry, large walk in closet and a private master bathroom. The backyard includes a covered patio and tons of space to create your dream oasis! This is a great home in a great location. Come and see this home today!

Last Agent to Sell the Property

Monique Walker

RE/MAX Excalibur License #SA544942000 Listed on: 10/14/2016

RE/MAX Excalibur

Last Buyer's Agent

Eleazar Medrano

HomeSmart License #SA545022000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 2004

Lot Details

  • 6,050 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,503 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Schools

  • Ed & Verma Pastor Elementary School
  • Cesar Chavez High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 91
  • Assessor Parcel Number 105-85-091

Community Details

Overview

  • Association fees include ground maintenance
  • Mountain West Estate Association, Phone Number (480) 635-1133
  • Built by Cornerstone Homes
  • Mountain West Estates Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,295

Year Built

Built in 2004

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Cross Street: 27th Avenue and Baseline
  • Legal Info Range: 2E
  • 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: 70.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2016
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2015
  • Directions: North on 27th Ave. Turn right on W Nancy Lane. Turn right on S 26th Ave. Turn right on W Burgess Lane. Take the first left onto S 26th Drive. 26th Drive becomes Novak Way. Home is on the right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: MOUNTAIN WEST ESTATES
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 70.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Breakfast Bar, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1503.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Community Spa: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Playground
  • Amenities: Management
  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association Name: Mountain West Estate
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Mountain West Estate
  • Association Fees:HOA Telephone4: 480-635-1133
  • 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: Ed & Verma Pastor Elementary School
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Ed & Verma Pastor Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6050.0
  • Parcel #: 105-85-091
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Cornerstone Homes

Tax Info

  • Tax Annual Amount: 1295.0
  • Tax Book Number: 105.00
  • Tax Lot: 91
  • Tax Map Number: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2021
Sold by
Perez Jessica V
Bought by
Perez Adrian Alfonso
Current Estimated Value
$376,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,225
Outstanding Balance
$194,763
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$179,503

Purchase Details

Listed on
Oct 14, 2016
Closed on
Nov 17, 2016
Sold by
Perez Jessica V and Perez Adrian Delavara
Bought by
Perez Adrian Delavara
Seller's Agent
Monique Walker
RE/MAX Excalibur
Buyer's Agent
Eleazar Medrano
HomeSmart
List Price
$162,999
Sold Price
$165,000
Premium/Discount to List
$2,001
1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$5,775
Interest Rate
3.52%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 14, 2016
Closed on
Nov 16, 2016
Sold by
Gracia Michael C
Bought by
Perez Adrian Delavara
Seller's Agent
Monique Walker
RE/MAX Excalibur
Buyer's Agent
Eleazar Medrano
HomeSmart
List Price
$162,999
Sold Price
$165,000
Premium/Discount to List
$2,001
1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,775
Interest Rate
3.52%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 27, 2014
Sold by
Gracia Michael Christopher and Walker Michael
Bought by
Gracia Michael Christopher

Purchase Details

Closed on
Jan 24, 2014
Sold by
Gracia Michael Christopher
Bought by
Gracia Michael C and Gracia Revocable Living Trust

Purchase Details

Closed on
Apr 6, 2005
Sold by
Cornerstone Mountain West Llc
Bought by
Walker Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,550
Interest Rate
5.37%
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
Perez Adrian Alfonso -- Title Security Agency Llc
Perez Adrian Alfonso -- Title Security Agency Llc
Perez Adrian Delavara -- Security Title Agency Inc
Perez Adrian Delavara $165,000 Security Title Agency Inc
Gracia Michael Christopher -- None Available
Gracia Michael C -- None Available
Walker Michael $154,772 Lawyers Title Ins
Cornerstone Mountain West Llc $91,500 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Adrian Alfonso $212,225
Closed Perez Adrian Delavara $5,775
Closed Perez Adrian Delavara $162,011
Previous Owner Walker Michael $131,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $165,000 +1.2% $110 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $162,999 -- $108 / 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 $1,507 $11,439 -- --
2024 $1,461 $10,894 -- --
2023 $1,461 $26,510 $5,300 $21,210
2022 $1,430 $19,610 $3,920 $15,690
2021 $1,475 $17,620 $3,520 $14,100
2020 $1,457 $15,980 $3,190 $12,790
2019 $1,407 $14,370 $2,870 $11,500
2018 $1,367 $13,770 $2,750 $11,020
2017 $1,274 $11,780 $2,350 $9,430
2016 $1,376 $10,450 $2,090 $8,360
2015 $1,295 $10,020 $2,000 $8,020
Source: Public Records

Agents Affiliated with this Home

  • Monique Walker

    Seller's Agent in 2016

    Monique Walker

    RE/MAX

    (602) 413-8195

    14 in this area

    596 Total Sales

    Monique Walker
    Section Image
  • Eleazar Medrano

    Buyer's Agent in 2016

    Eleazar Medrano

    HomeSmart

    (480) 571-7052

    6 in this area

    255 Total Sales

    Eleazar Medrano
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5511856

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-85-091

Arizona Maricopa County Phoenix 85041 South Mountain

2525 W Novak Way, Phoenix, AZ

This home is located at 2525 W Novak Way, Phoenix, AZ 85041 since 14 October 2016 and is currently estimated at $376,100, approximately $250 per square foot. This property was built in 2004. 2525 W Novak Way is a home located in Maricopa County with nearby schools including Bernard Black Elementary School, Cesar Chavez High School, and Phoenix Coding Academy.

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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