2531 E Electra Ln Phoenix, AZ 85024
Mountaingate NeighborhoodEstimated payment $3,919/month
Highlights
- Vaulted Ceiling
- Wood Flooring
- Granite Countertops
- Mountain Trail Middle School Rated A-
- Great Room
- Covered Patio or Porch
About This Home
Beautifully maintained 4-bedroom, 2-bath home in highly desirable Desert Peak! This move-in-ready property features a 2-car garage and charming curb appeal with manicured landscaping. Inside, you'll find formal living and dining areas, plus a spacious family room that flows seamlessly into the kitchen--perfect for everyday living and entertaining. The light-filled interior showcases vaulted ceilings, a neutral color palette, and a blend of tile and wood flooring in all the right places. The upgraded kitchen offers stainless steel appliances, granite countertops, staggered wood cabinetry, recessed lighting, a stylish tile backsplash, a walk-in pantry, and a center island with breakfast bar. The generously sized primary suite includes a private ensuite with dual sinks, a separate soaking tub and shower, and a walk-in closet. Two additional bedrooms feature comfortable Berber carpet, while the versatile fourth bedroom with dual-entry doors is ideal for a home office, den, or guest space. Step outside to a spacious backyard complete with a covered patio, artificial turf, and beautifully designed paver areas--perfect for relaxing or entertaining. This Desert Peak gem is ready to welcome you home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,222
Year Built
- Built in 2007
Lot Details
- 6,372 Sq Ft Lot
- Block Wall Fence
- Artificial Turf
HOA Fees
- $70 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,304 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Great Room
- Open Floorplan
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Range
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Floors Updated in 2026
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Double Vanity
- Private Water Closet
- Separate Shower in Primary Bathroom
- Soaking Tub
- Bathtub With Separate Shower Stall
Laundry
- Laundry in unit
- Dryer
- Washer
Schools
- Boulder Creek Elementary School
- Mountain Trail Middle School
- North Canyon High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Additional Features
- No Interior Steps
- North or South Exposure
- Covered Patio or Porch
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 212-42-237
Community Details
Overview
- Association fees include ground maintenance
- Spectrum Assoc Mgmt Association, Phone Number (480) 719-4524
- Built by D R Horton
- Desert Peak Unit 1 Subdivision
Recreation
- Community Playground
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,222 | $31,532 | -- | -- |
| 2024 | $2,600 | $30,030 | -- | -- |
| 2023 | $2,600 | $47,620 | $9,520 | $38,100 |
| 2022 | $2,576 | $37,170 | $7,430 | $29,740 |
| 2021 | $2,618 | $35,400 | $7,080 | $28,320 |
| 2020 | $2,528 | $33,710 | $6,740 | $26,970 |
| 2019 | $2,540 | $32,030 | $6,400 | $25,630 |
| 2018 | $2,447 | $29,710 | $5,940 | $23,770 |
| 2017 | $2,337 | $28,700 | $5,740 | $22,960 |
| 2016 | $2,300 | $28,180 | $5,630 | $22,550 |
| 2015 | $2,134 | $26,170 | $5,230 | $20,940 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/02/2026 03/02/26 | For Sale | $664,670 | 0.0% | $288 / Sq Ft | |
| 01/10/2024 01/10/24 | Rented | $2,850 | 0.0% | -- | |
| 01/08/2024 01/08/24 | Under Contract | -- | -- | -- | |
| 01/05/2024 01/05/24 | For Rent | $2,850 | -1.7% | -- | |
| 10/10/2023 10/10/23 | Rented | $2,900 | +1.8% | -- | |
| 10/09/2023 10/09/23 | Under Contract | -- | -- | -- | |
| 09/27/2023 09/27/23 | For Rent | $2,850 | 0.0% | -- | |
| 05/11/2017 05/11/17 | Sold | $375,000 | -3.8% | $163 / Sq Ft | View Prior Sale |
| 03/19/2017 03/19/17 | Pending | -- | -- | -- | |
| 02/01/2017 02/01/17 | For Sale | $389,900 | +12.7% | $169 / Sq Ft | |
| 09/17/2013 09/17/13 | Sold | $346,000 | -3.2% | $150 / Sq Ft | View Prior Sale |
| 09/03/2013 09/03/13 | For Sale | $357,400 | 0.0% | $155 / Sq Ft | |
| 09/03/2013 09/03/13 | Price Changed | $357,400 | 0.0% | $155 / Sq Ft | |
| 07/22/2013 07/22/13 | Pending | -- | -- | -- | |
| 07/21/2013 07/21/13 | Pending | -- | -- | -- | |
| 07/13/2013 07/13/13 | For Sale | $357,400 | 0.0% | $155 / Sq Ft | |
| 06/12/2012 06/12/12 | Rented | $1,790 | -0.3% | -- | |
| 06/11/2012 06/11/12 | Under Contract | -- | -- | -- | |
| 04/12/2012 04/12/12 | For Rent | $1,795 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $375,000 | First American Title Insuran | |
| Warranty Deed | $346,000 | Fidelity National Title Agen | |
| Cash Sale Deed | $330,448 | Dhi Title Of Arizona Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $328,700 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6991851
APN: 212-42-237
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Ask me questions while you tour the home.