NOT LISTED FOR SALE

2550 N Ridge Mesa, AZ 85203

North Central Mesa Neighborhood

Estimated Value: $1,505,000 - $2,127,419

4 Beds
4.5 Baths
5,765 Sq Ft
$321/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $1,950,000 $338 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $10,964/month

50 Days on Market

Highlights

  • Guest House
  • Equestrian Center
  • Tennis Courts
  • Hermosa Vista Elementary School Rated A-
  • Barn
  • Private Pool

About This Home

As of August 2021

One of the most architecturally unique properties in Mesa, this ''ship in the desert'' was designed by a local architect, Shill, with an eye for capturing a mid-century modern spirit. On about 5 acres, this incredible urban farm is private yet centrally located to freeway access making it a one-of-a-kind. The architectural features include a main home with attached office and a detached garage with upstairs office or carriage house. You'll discover horse facilities, arenas, a diving pool and plenty of space to play and roam free. The natural light abounds inside with en-suite bedrooms, open spaces, a lower level family room with media room, and so much more. Discover what a treasure this property truly is.

Last Agent to Sell the Property

Monica Monson

The Noble Agency License #BR535076000 Listed on: 05/01/2021

Co-Listed By

Christian Corbett

The Noble Agency License #SA541650000

Last Buyer's Agent

Monica Monson

The Noble Agency License #BR535076000 Listed on: 05/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,599

Year Built

  • Built in 1984

Lot Details

  • 4.6 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 2 Carport Spaces
  • Side or Rear Entrance to Parking
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Designed by Victor Lamar Shill Architects
  • Wood Frame Construction
  • Shake Roof
  • Foam Roof

Interior Spaces

  • 5,765 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Mountain Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2021
  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • <<bathWSpaHydroMassageTubToken>>
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Tennis Courts
  • Balcony
  • Covered patio or porch
  • Outdoor Storage

Schools

  • Hermosa Vista Elementary School
  • Stapley Junior High School
  • Mountain View High School

Horse Facilities and Amenities

  • Equestrian Center
  • Horses Allowed On Property
  • Horse Stalls
  • Corral
  • Tack Room

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Additional Features

  • Guest House
  • Barn

Listing and Financial Details

  • Tax Lot 1, 2, 3, 4, 5
  • Assessor Parcel Number 136-04-105

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Shelter Cove Lot 1 5 Subdivision, Custom Floorplan

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,599

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Gilbert & Red Mountain 202 Fwy
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Victor Lamar Shill
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2021
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1984
  • Tax Year: 2020
  • Directions: South on Gilbert Road to Ridge. West to property - Follow private drive to parking.
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 4.6
  • Co List Office Mls Id: tnoa001
  • Co List Office Phone: 480-420-4589
  • Subdivision Name: SHELTER COVE LOT 1-5
  • Architectural Style: Other
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: Ranch, Farm
  • Spa Features: None
  • Possible Bedrooms: 7
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Other, See Remarks, Upstairs, Breakfast Bar, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 5765.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Other Rooms:Media Room: Yes
  • Community Features:Horse Facility: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Storage, Tennis Court(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back, Irrigation Front, Irrigation Back
  • Pool Features: Diving Pool, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam, Shake
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Tennis Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking, Circular Driveway, Side Vehicle Entry
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Other7: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Horse Facility, Tennis Court(s)
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Hermosa Vista Elementary School
  • High School: Mountain View High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Stapley Junior High School

Lot Info

  • Horse Amenities: Barn, Corral(s), Stall, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 200450.0
  • Parcel #: 136-04-105

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 12599.0
  • Tax Book Number: 136.00
  • Tax Lot: 1, 2, 3, 4, 5
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
Jul 21, 2021
Sold by
Farley Lisa Marie and The Farley Family Revocable Li
Bought by
Bowyer Tyler Storm and Bowyer Lauren Marie
Seller's Agent
Monica Monson
The Noble Agency
Buyer's Agent
Monica Monson
The Noble Agency
List Price
$2,100,000
Sold Price
$1,950,000
Premium/Discount to List
-$150,000
-7.14%
Current Estimated Value
$1,848,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,395
Avg. Annual Appreciation
-1.35%
Original Mortgage
$1,300,000
Outstanding Balance
$1,221,556
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$627,049

Purchase Details

Closed on
Jun 14, 2014
Sold by
Farley James J and Farley Lorraine M
Bought by
Farley Family Revocable Living Trust and Farley Lorraine Marie
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bowyer Tyler Storm $1,950,000 Chicago Title Agency Inc
Farley Family Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowyer Tyler Storm $1,300,000
Previous Owner Farley James J $831,000
Previous Owner Farley James J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $1,950,000 -7.1% $338 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $2,100,000 -- $364 / 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 $9,051 $98,317 -- --
2024 $9,130 $93,635 -- --
2023 $9,130 $124,920 $16,980 $107,940
2022 $8,928 $84,930 $11,540 $73,390
2021 $9,285 $83,370 $11,330 $72,040
2020 $9,156 $96,110 $13,060 $83,050
2019 $8,515 $95,450 $12,970 $82,480
2018 $8,149 $98,220 $13,350 $84,870
2017 $7,888 $89,390 $12,150 $77,240
2016 $7,730 $84,290 $11,460 $72,830
2015 $7,229 $78,890 $10,720 $68,170
Source: Public Records

Agents Affiliated with this Home

  • Monica Monson

    Seller's Agent in 2021

    Monica Monson

    The Noble Agency

    (480) 250-0848

    1 in this area

    110 Total Sales

    Monica Monson
    Section Image
  • Christian Corbett

    Seller Co-Listing Agent in 2021

    Christian Corbett

    The Noble Agency

    (480) 585-7070

    1 in this area

    66 Total Sales

    Christian Corbett
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6228532

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-04-105

Arizona Maricopa County Mesa 85203 North Central Mesa

2550 N Ridge, Mesa, AZ

This home is located at 2550 N Ridge, Mesa, AZ 85203 since 01 May 2021 and is currently estimated at $1,848,605, approximately $320 per square foot. This property was built in 1984. 2550 N Ridge is a home located in Maricopa County with nearby schools including Hermosa Vista Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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

Nearby Homes