NOT LISTED FOR SALE

2550 N Falling Water Ct Tucson, AZ 85749

Bear Canyon Neighborhood

Estimated Value: $731,031 - $915,000

3 Beds
3 Baths
3,157 Sq Ft
$269/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $459,900 $146 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,236/month

19 Days on Market

Highlights

  • Fitness Center
  • 0.36 Acre Lot
  • Community Pool
  • Gated Community
  • Contemporary Architecture
  • Tennis Courts

About This Home

As of April 2014

Luxurious Lakefront Living in gated Lakes at Castle Rock. Beautiful updated home overlooking 3 lakes. Updated Kitchen w/Cherry Cabinets, Granite Counters and Stainless Steel Appliances. 3 Full Bathrooms also updated w/granite counters. Living Room, Formal Dining Room & Family Room off kitchen. Sliding glass doors open to shady Ramada porch running length of house. Master Bedroom Suite has personal study/exercise room, dual sinks, soaking tub, bidet, & largest walk-in closet you will ever see. Split bedroom design, 2nd Guest Bedroom has Bath en suite. 3rd Bedroom and Arizona Room. Large lot on quiet cul de sac. Community pools, heated spa, sauna, fitness center, tennis, basketball courts, children's climbing area & recreation center. Your own resort!

Last Agent to Sell the Property

Nancy LaPoff

Long Realty Brokerage Phone: 520-904-7690 Listed on: 03/12/2014

Last Buyer's Agent

Don Eugene

Realty Executives Arizona Territory

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,205

Year Built

  • Built in 1996

Lot Details

  • 0.36 Acre Lot
  • Back and Front Yard
  • Property is zoned Tucson - R1

HOA Fees

  • $119 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame With Stucco

Interior Spaces

  • 3,157 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Room
  • Storage Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Accessible Home Design

  • No Interior Steps

Schools

  • Collier Elementary School
  • Magee Middle School
  • Sabino High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • Lakes At Castle Rock Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,205

Year Built

Built in 1996

Lot Details

0

HOA Fees

$119 per month

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family Residence
  • Style: Contemporary
  • Technology: Cable TV
  • Legal Description: Lakes of Castle Rock (The) Lot 47
  • Misc Deletes Disability Adapted: No
  • Building Stories: One
  • List Price per Sq Ft: 145.68
  • Attribution Contact: 520-904-7690
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Split Bedroom Plan
  • Fireplace Location: Family Room
  • Number Of Fireplaces: 1.00
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Has Basement: No
  • Breakfast Other: Area
  • Dining Room: Area
  • Living Areas: Family Room
  • Laundry: Dryer, Laundry Closet, Washer
  • Extra Room: Storage
  • Combined Sq Ft: 3157.00
  • Interior Steps YN: N
  • Kitchen Features: Dishwasher, Garbage Disposal, Refrigerator
  • Main House Sq Ft: 3157.00
  • Source Of Sq Ft: Assessor

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence Other: Combo
  • Guest Facilities: None
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck Other: Combo
  • Roof Other: Combo

Garage/Parking

  • Garage Carport Feat: Electric Door Opener
  • Number Of Covered Prkng: 2.00
  • Number Of Garage Spaces: 2.00
  • Rv Parking: None

Utilities

  • Water: City
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Sewer: Connected

Condo/Co-op/Association

  • Monthly HOA Fee: 119.00
  • HOA Payment Frequency: Monthly
  • Community: None
  • Neighborhood Feature: Athletic Facilities, Basketball Court, Exercise Facilities, Gated, Pool, Rec Center, Spa, Tennis Courts

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes

Schools

  • School District: TUSD
  • Elementary School: Collier
  • Middle School: Magee
  • High School: Sabino

Lot Info

  • Property Group ID: 19990816212109142258000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.36
  • Lot Dimensions: irregular
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 29.33
  • Lot Sq Ft: 15682.00
  • Lot Sz Sold Prc Sq Ft: 29.33
  • Municipality Zoning: Tucson - R1
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1996

Tax Info

  • Tax Code: 114-51-1140
  • Taxes: 4205.00
  • Tax Year: 2013

MLS Schools

  • Middle School: Magee
  • Elementary School: Collier
  • High School: Sabino
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2014
Closed on
Apr 29, 2014
Sold by
Burton Kermit Claire and Burton Barbara M
Bought by
Burton Living Trust
Seller's Agent
Nancy LaPoff
Long Realty
Buyer's Agent
Don Eugene
Realty Executives Arizona Territory
List Price
$459,900
Sold Price
$459,900
Current Estimated Value
$861,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,054
Avg. Annual Appreciation
5.76%
Original Mortgage
$442,590
Outstanding Balance
$341,542
Interest Rate
4.28%
Mortgage Type
VA
Estimated Equity
$525,070

Purchase Details

Listed on
Mar 12, 2014
Closed on
Apr 17, 2014
Sold by
Leuthold Steven C
Bought by
Burton Kermit Claire and Burton Barbara M
Seller's Agent
Nancy LaPoff
Long Realty
Buyer's Agent
Don Eugene
Realty Executives Arizona Territory
List Price
$459,900
Sold Price
$459,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,590
Outstanding Balance
$341,542
Interest Rate
4.28%
Mortgage Type
VA
Estimated Equity
$525,070

Purchase Details

Listed on
Dec 4, 2012
Closed on
Feb 19, 2013
Sold by
Parks Walter and Parks Myrna L
Bought by
Leuthold Steven C
Seller's Agent
Rob Lamb
Long Realty
Buyer's Agent
Lynn Kline
Lynn Kline Realty, Inc.
List Price
$445,000
Sold Price
$445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%

Purchase Details

Closed on
Jun 23, 2010
Sold by
Parks Walter and Parks Myrna L
Bought by
Parks Walter and Parks Myrna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,100
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2008
Sold by
Parks Walter and Paks Myrna L
Bought by
Parks Walter L and Parks Myrna L

Purchase Details

Closed on
Nov 6, 2006
Sold by
Johnson Brittany L
Bought by
Parks Myrna L

Purchase Details

Closed on
Oct 18, 2004
Sold by
Mccallister Elmer Ray and Mcallister Patricia Ann
Bought by
Parks Walter and Parks Myrna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2000
Sold by
Olds Glenn A and Olds Eva B
Bought by
Mcallister Elmer Ray and Mcallister Patricia Ann

Purchase Details

Closed on
Mar 11, 1999
Sold by
Negri Thomas James and Negri Mary E
Bought by
Olds Glenn A and Olds Eva B
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
Burton Living Trust -- Accommodation
Burton Living Trust -- Accommodation
Burton Kermit Claire $459,900 Signature Title Agency Of Ar
Burton Kermit Claire $459,900 Signature Title Agency Of Ar
Leuthold Steven C $445,000 Stewart Title & Trust Of Tuc
Parks Walter -- Tfati
Parks Walter L -- None Available
Parks Myrna L -- None Available
Johnson Britanny L -- None Available
Parks Walter $443,000 Long Title Agency
Parks Walter $443,000 Long Title Agency
Mcallister Elmer Ray $310,400 --
Olds Glenn A $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burton Kermit Claire $442,590
Closed Burton Kermit Claire $442,590
Previous Owner Parks Walter $309,100
Previous Owner Parks Walter $22,200
Previous Owner Parks Walter $333,700
Closed Parks Walter $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $459,900 0.0% $146 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $459,900 +3.3% $146 / Sq Ft
02/22/2013 02/22/13 Sold $445,000 0.0% $141 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
12/04/2012 12/04/12 For Sale $445,000 -- $141 / Sq Ft
Source: MLS of Southern Arizona

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
2024 $5,045 $44,901 -- --
2023 $5,045 $42,763 $0 $0
2022 $5,072 $40,727 $0 $0
2021 $4,995 $36,940 $0 $0
2020 $4,791 $36,940 $0 $0
2019 $4,654 $35,181 $0 $0
2018 $4,513 $34,091 $0 $0
2017 $4,526 $34,091 $0 $0
2016 $4,413 $32,467 $0 $0
2015 $4,221 $30,921 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21407563

MLS of Southern Arizona

APN: 114-51-1140