NOT LISTED FOR SALE

2532 E Electra Ln Phoenix, AZ 85024

Mountaingate Neighborhood

Estimated Value: $782,000 - $821,192

5 Beds
3 Baths
3,145 Sq Ft
$255/Sq Ft Est. Value

Last Sold October 24, 2014

Last sale price $365,000 $116 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,511/month

146 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Dual Vanity Sinks in Primary Bathroom
  • Mountain Trail Middle School Rated A-
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of October 2014

Beautiful 5 bedroom/3 bath plus den home in desirable Desert Peak. 3143 square feet with huge kitchen, cherry cabinets, black appliances, with 18x18 tile in all the right areas. Large patio overlooks lush backyard landscaping. Huge master suite with mountain views, separate tub and shower and large walk in closet. This one is a can't miss!

Last Agent to Sell the Property

Emily Duarte

Keller Williams Arizona Realty License #SA565425000 Listed on: 04/25/2014

Keller Williams Arizona Realty

Last Buyer's Agent

Rick Hill

Berkshire Hathaway HomeServices Arizona Properties License #SA584670000

Berkshire Hathaway HomeServices Arizona Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,517

Year Built

  • Built in 2007

Lot Details

  • 6,325 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,145 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

  • Boulder Creek Elementary School - Phoenix
  • Pinnacle High Middle School
  • Mountain Trail Middle High School

Utilities

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

Community Details

  • Association fees include ground maintenance
  • Aam Association, Phone Number (602) 906-4940
  • Built by DR Horton
  • Desert Peak Unit 1 Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 212-42-228

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,517

Year Built

Built in 2007

Lot Details

0

HOA Fees

$51 per month

Parking

3

Listing Details

  • Cross Street: Pinnacle Peak (Desert Peak Pkwy) & Cave Creek
  • 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: 51.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Tax Year: 2013
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: Desert Peak Unit 1
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 116.05
  • Association Fees:HOA Fee2: 154.0
  • Dining Area:Breakfast Bar: 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
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 3145.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 154.0
  • Association Fee Frequency: Quarterly
  • Association Name: AAM
  • Phone: 602-906-4940
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 530.0
  • 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

  • Elementary School: Boulder Creek Elementary School - Phoenix
  • High School: Mountain Trail Middle School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Pinnacle High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6325.0
  • Parcel #: 212-42-228
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Annual Amount: 2517.04
  • Tax Book Number: 212.00
  • Tax Lot: 7
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2014
Closed on
Sep 26, 2014
Sold by
Hartman Joshua F
Bought by
Flanagan Kevin L and Flanagan Susan J
Seller's Agent
Emily Duarte
Keller Williams Arizona Realty
Buyer's Agent
Rick Hill
Berkshire Hathaway HomeServices Arizona Properties
List Price
$409,000
Sold Price
$365,000
Premium/Discount to List
-$44,000
-10.76%
Current Estimated Value
$803,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,048
Avg. Annual Appreciation
7.29%
Original Mortgage
$292,000
Outstanding Balance
$223,860
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$579,188

Purchase Details

Closed on
Aug 9, 2007
Sold by
Hartman Susan
Bought by
Hartman Joshua F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,032
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Flanagan Kevin L $365,000 Lawyers Title Of Arizona Inc
Hartman Joshua F -- Dhi Title Of Arizona Inc
Hartman Joshua F $405,041 Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flanagan Kevin L $292,000
Previous Owner Hartman Joshua F $324,032
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2014 10/24/14 Sold $365,000 -1.4% $116 / Sq Ft
09/12/2014 09/12/14 Price Changed $370,000 -2.6% $118 / Sq Ft
08/28/2014 08/28/14 Price Changed $380,000 -1.3% $121 / Sq Ft
08/07/2014 08/07/14 Price Changed $385,000 -3.5% $122 / Sq Ft
05/23/2014 05/23/14 Price Changed $399,000 -2.4% $127 / Sq Ft
04/25/2014 04/25/14 For Sale $409,000 -- $130 / 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 $3,182 $36,743 -- --
2024 $3,029 $34,994 -- --
2023 $3,029 $56,480 $11,290 $45,190
2022 $3,001 $44,060 $8,810 $35,250
2021 $3,051 $42,120 $8,420 $33,700
2020 $2,946 $40,530 $8,100 $32,430
2019 $2,959 $38,880 $7,770 $31,110
2018 $2,852 $34,150 $6,830 $27,320
2017 $2,723 $33,270 $6,650 $26,620
2016 $2,680 $32,830 $6,560 $26,270
2015 $2,487 $30,550 $6,110 $24,440
Source: Public Records

Agents Affiliated with this Home

  • Emily Duarte

    Seller's Agent in 2014

    Emily Duarte

    Keller Williams Arizona Realty

    (480) 467-9278

    3 in this area

    286 Total Sales

    Emily Duarte
    Section Image
  • Rick Hill

    Buyer's Agent in 2014

    Rick Hill

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 824-3179

    59 Total Sales

    Rick Hill
    Section Image

  • R

    Buyer's Agent in 2014

    Ricky Hill

    Berkshire Hathaway HomeServices Arizona Properties

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5105820

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-42-228

Arizona Maricopa County Phoenix 85024 Mountaingate

2532 E Electra Ln, 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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