NOT LISTED FOR SALE

2580 Tom Loop Forest Lakes Estates, AZ 85931

Forest Lakes Neighborhood

Estimated Value: $458,000 - $554,000

4 Beds
2 Baths
1,500 Sq Ft
$331/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $290,000 $193 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,883/month

55 Days on Market

Highlights

  • Horses Allowed On Property
  • Cul-De-Sac
  • Carpet
  • No HOA

About This Home

As of June 2020

The quiet cabin! A nice cabin nestled on a gentle hill at the back of a quiet cul de sac. Sitting on a 1 acre site away from the traffic. Unwind on the big covered deck as a deer meanders among the lush ferns below. Imagine a 2 hour scenic drive from the heat of Phoenix to your own getaway in the best summer weather in the world! The most important thing about a cabin is the location and this is as good as it gets. There is plenty of room here. Nice great room layout with kitchen, dining and living spaces together with 2 bedrooms and one bath on the main floor. A spiral staircase winds down to a full walk out basement and two more bedrooms and a full bathroom. If you love quiet and privacy be sure to see this special property.

Last Listed By

Charlie Walters

Real Estate Brokers Intl License #BR029262000 Listed on: 04/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $964

Year Built

  • Built in 1968

Lot Details

  • 1.03 Acre Lot
  • Cul-De-Sac

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Finished Basement
  • Walk-Out Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Out Of Maricopa Cnty Elementary And Middle School
  • Out Of Maricopa Cnty High School

Additional Features

  • Horses Allowed On Property
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Forest Lakes Estate Subdivision

Listing and Financial Details

  • Tax Lot 685
  • Assessor Parcel Number 403-60-051-B

Home Details

Home Type

Single Family

Est. Annual Taxes

$964

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: AZ SR260 & Sheep Springs
  • Legal Info Range: 14E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Separate Den Office Sep Den Office: N
  • Year Built: 1968
  • Tax Year: 2019
  • Directions: North on Sheep Springs to Old Rim Rd, Left on Old Rim Rd to Wildcat Rd, North on Wildcat to Summer Loop (continue straight) Right on Ryan Ranch Rd to Tom Loop. Right on Tom Loop to home on the right.
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 1.03
  • Co List Office Mls Id: rebri01
  • Co List Office Phone: 480-756-0000
  • Subdivision Name: FOREST LAKES ESTATE
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Basement: Finished, Walk-Out Access
  • Flooring: Carpet, Vinyl
  • Basement YN: Yes
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Free Standing
  • Fireplace: Yes
  • Interior Amenities: See Remarks
  • Living Area: 1500.0
  • Stories: 2
  • ResoLivingAreaSource: Owner
  • Fireplace:Freestnd Fireplace: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Other
  • Lot Features: Cul-De-Sac, Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Siding, Frame - Wood
  • Roof: Metal
  • Construction:Frame - Wood: Yes

Utilities

  • Water Source: Pvt Water Company
  • Sewer Septic Tank: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Amenities: Not Managed
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Junior High Dist: Out of Area
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Horse Amenities: See Remarks
  • Land Lease: No
  • Lot Size Sq Ft: 44867.0
  • Parcel #: 403-60-051-B
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 964.0
  • Tax Book Number: 403.00
  • Tax Lot: 685
  • Tax Map Number: 60.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
Jun 26, 2020
Sold by
Donnell L Dianne and The Irvine Revocable Trust
Bought by
Petre Scott L and Petre Lori A
Seller's Agent
Charlie Walters
Real Estate Brokers Intl
Buyer's Agent
Charlie Walters
Real Estate Brokers Intl
List Price
$310,000
Sold Price
$290,000
Premium/Discount to List
-$20,000
-6.45%
Total Days on Market
55
Current Estimated Value
$496,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,564
Avg. Annual Appreciation
14.77%
Original Mortgage
$261,000
Outstanding Balance
$236,897
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$331,049

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
Petre Scott L $290,000 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petre Scott L $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $290,000 -3.3% $193 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/17/2020 05/17/20 Price Changed $300,000 -3.2% $200 / Sq Ft
05/10/2020 05/10/20 For Sale $310,000 0.0% $207 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $310,000 -- $207 / 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
2024 $1,560 $32,944 -- --
2023 $1,437 $25,059 $0 $0
2022 $1,377 $17,578 $0 $0
2021 $1,333 $16,076 $0 $0
2020 $1,261 $15,794 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6060563

Arizona Regional Multiple Listing Service (ARMLS)

APN: 403-60-051B