NOT LISTED FOR SALE

2538 W Novak Way Phoenix, AZ 85041

South Mountain Neighborhood

Estimated Value: $362,142 - $382,000

3 Beds
2 Baths
1,511 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 27, 2015

Last sale price $150,000 $99 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,150/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Covered Patio or Porch
  • Central Air
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • High Speed Internet

About This Home

As of May 2015

This unit is Tenant occupied.PLEASE DO NOT DISTURB TENANTS. NO LOCKBOX OR FOR SALE SIGN. TEXT LISTER FOR ACCESS.

Last Agent to Sell the Property

Tom Steinheiser

Metropolitan Real Estate License #SA626826000 Listed on: 04/29/2015

Last Buyer's Agent

Tom Steinheiser

Metropolitan Real Estate License #SA626826000 Listed on: 04/29/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,229

Year Built

  • Built in 2004

Lot Details

  • 6,050 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,511 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Roosevelt Elementary School
  • Cesar Chavez High Middle School
  • Cesar Chavez High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, (see remarks), front yard maint
  • Snow Property Svs Association, Phone Number (480) 635-1133
  • Built by Cornerstone Mountain West LLC
  • Mountain West Estates Subdivision, Sierra Extended Floorplan

Listing and Financial Details

  • Tax Lot 141
  • Assessor Parcel Number 105-85-141

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,229

Year Built

Built in 2004

Lot Details

0

HOA Fees

$43 per month

Parking

2

Listing Details

  • Cross Street: 25TH LANE & SOUTHERN
  • 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: 43.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2014
  • Master Model: SIERRA EXTENDED
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: MOUNTAIN WEST ESTATES
  • Architectural Style: Contemporary, Ranch
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 130.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Pantry, Full Bth Master Bdrm
  • Living Area: 1511.0
  • Stories: 1
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: None
  • 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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 130.0
  • Association Fee Frequency: Quarterly
  • Association Name: Snow Property svs
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Snow Property svs
  • 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_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks), Front Yard Maint

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Cesar Chavez High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6050.0
  • Parcel #: 105-85-141

Building Info

  • Builder Name: Cornerstone Mountain West LLC

Tax Info

  • Tax Annual Amount: 1229.0
  • Tax Book Number: 105.00
  • Tax Lot: 141
  • Tax Map Number: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jul 17, 2015
Sold by
Empire Residential Opportunity Fund V Ll
Bought by
Smith Donald and Smith Brenda
Seller's Agent
Tom Steinheiser
Metropolitan Real Estate
Buyer's Agent
Tom Steinheiser
Metropolitan Real Estate
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$373,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,786
Avg. Annual Appreciation
9.37%
Original Mortgage
$147,283
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jul 16, 2015
Sold by
Empire Management Consultants Inc
Bought by
Empire Residential Opportunity Fund V Ll
Seller's Agent
Tom Steinheiser
Metropolitan Real Estate
Buyer's Agent
Tom Steinheiser
Metropolitan Real Estate
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2012
Sold by
Empire Residential Opportunity Fund Ii
Bought by
Empire Residential Opportunity Fund V Ll

Purchase Details

Closed on
Sep 9, 2009
Sold by
Empire Management Consultants Inc
Bought by
Empire Residential Opportunity Fund Ii

Purchase Details

Closed on
Jul 23, 2009
Sold by
Federal National Mortgage Association
Bought by
Empire Management Consultants Inc

Purchase Details

Closed on
May 4, 2009
Sold by
Aurora Loan Services Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 23, 2009
Sold by
Ham Hans
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Dec 9, 2005
Sold by
Ham Erin
Bought by
Ham Hans C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,300
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 29, 2004
Sold by
Cornerstone Mountain West Llc
Bought by
Lopez Arin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,350
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Smith Donald $150,000 North American Title Company
Empire Residential Opportunity Fund V Ll -- North American Title Company
Empire Residential Opportunity Fund V Ll $2,585,000 Fidelity Natl Title Agency I
Empire Residential Opportunity Fund Ii $859,590 Accommodation
Empire Management Consultants Inc $78,500 Stewart Title & Trust Of Pho
Federal National Mortgage Association -- Lsi Title Company
Aurora Loan Services Llc $187,039 None Available
Ham Hans C -- Fidelity National Title
Ham Hans C $245,900 Fidelity National Title
Lopez Arin $169,198 Lawyers Title Ins
Cornerstone Mountain West Llc $90,153 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Donald $147,283
Previous Owner Ham Hans C $221,300
Previous Owner Lopez Arin $135,350
Closed Lopez Arin $33,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2015 05/27/15 Sold $150,000 0.0% $99 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $150,000 -- $99 / 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 $1,504 $11,420 -- --
2024 $1,458 $10,876 -- --
2023 $1,458 $26,870 $5,370 $21,500
2022 $1,428 $19,920 $3,980 $15,940
2021 $1,473 $17,750 $3,550 $14,200
2020 $1,454 $16,060 $3,210 $12,850
2019 $1,405 $14,470 $2,890 $11,580
2018 $1,365 $13,920 $2,780 $11,140
2017 $1,272 $12,010 $2,400 $9,610
2016 $1,207 $10,650 $2,130 $8,520
2015 $1,293 $10,100 $2,020 $8,080
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tom Steinheiser

    Metropolitan Real Estate

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5273056

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-85-141

Arizona Maricopa County Phoenix 85041 South Mountain

2538 W Novak Way, Phoenix, AZ

This home is located at 2538 W Novak Way, Phoenix, AZ 85041 since 29 April 2015 and is currently estimated at $373,786, approximately $247 per square foot. This property was built in 2004. 2538 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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