NOT LISTED FOR SALE

Estimated Value: $1,597,000 - $1,885,000

5 Beds
4 Baths
4,221 Sq Ft
$413/Sq Ft Est. Value

Last Sold September 14, 2017

Last sale price $745,000 $176 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $10,348/month

14 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • Wood Flooring
  • Madison Richard Simis School Rated A-
  • Vaulted Ceiling
  • 2 Fireplaces

About This Home

As of September 2017

Highly sought after Central Corridor location in the ''A'' rated Madison Elementary School District. This tri-level home features custom upgrades throughout such as warming drawers and a trash compactor in the kitchen; heated floors in the bathrooms; full wet bar with mini fridge, wine cooler, and soda gun; and custom travertine flooring and gas fireplaces, as well as custom glass windows and doors throughout. The backyard is an entertainer’s dream with a beautiful wood Ramada which provides a cool and relaxing outdoor living space. The pool, built in BBQ, bar, gas fire pit, and outdoor shower complete this custom home.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 06/13/2017

Co-Listed By

Jessica Morris

R.O.I. Properties License #SA659227000

Last Buyer's Agent

Marilyn Attinger

HomeSmart License #SA549590000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,306

Year Built

  • Built in 1981

Lot Details

  • 0.31 Acre Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,221 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Patio
  • Built-In Barbecue

Schools

  • Madison #1 Middle Elementary School
  • Chandler High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include no fees
  • Madison Meadows Association, Phone Number (602) 997-6345
  • Built by Custom-Remodel
  • Madison Meadows Lot 1 59 Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 160-40-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,306

Year Built

Built in 1981

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Cross Street: Glendale and Central
  • Legal Info Range: 3E
  • 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: 18.75
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1981
  • Tax Year: 2016
  • Directions: From Northern Ave turn south on Central Ave, turn west on Kaler Dr, property will be third home on your on right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.31
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: MADISON MEADOWS LOT 1-59
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 225.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Central Vacuum, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4221.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Grass Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Stucco, Painted, Stone, Block
  • Other Structures: Gazebo
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

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: 225.0
  • Association Fee Frequency: Annually
  • Association Name: Madison Meadows
  • Phone: 602-997-6345
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Madison Meadows
  • Association Fees:HOA Telephone4: 602-997-6345
  • 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: Madison #1 Middle School
  • High School: Chandler High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13303.0
  • Parcel #: 160-40-013

Building Info

  • Builder Name: Custom-Remodel

Tax Info

  • Tax Annual Amount: 8306.0
  • Tax Book Number: 160.00
  • Tax Lot: 5
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Sep 14, 2017
Sold by
Fiduciary Camelback
Bought by
Schmitt Justin T and Schmitt Alison E
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Marilyn Attinger
HomeSmart
List Price
$749,000
Sold Price
$745,000
Premium/Discount to List
-$4,000
-0.53%
Current Estimated Value
$1,742,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$997,641
Avg. Annual Appreciation
10.56%
Original Mortgage
$424,100
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2014
Sold by
Raskin Marjorie R and The Robert H Raskin Family Tru
Bought by
Raskin Marjorie R and The Mrr Trust

Purchase Details

Closed on
Jan 13, 2014
Sold by
Raskin Marjorie R and The Robert Harlan Raskin Trust
Bought by
Raskin Marjorie R and The Robert H Raskin Family Tru

Purchase Details

Closed on
Aug 22, 2007
Sold by
Raskin Robert H
Bought by
Raskin Robert Harlan and Travers Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2005
Sold by
Raskin Robert H
Bought by
Raskin Robert Harlan and Travers Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Schmitt Justin T $745,000 Grand Canyon Title Agency
Raskin Marjorie R -- None Available
Raskin Marjorie R -- None Available
Raskin Marjorie R -- None Available
Raskin Robert Harlan -- Grand Cyn Title Agency Inc
Raskin Robert H -- Grand Cyn Title Agency Inc
Raskin Robert H -- Grand Cyn Title Agency Inc
Raskin Robert Harlan -- Grand Canyon Title Agency In
Raskin Robert Harlan -- Grand Canyon Title Agency In
Raskin Robert H -- Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Justin T $275,000
Closed Schmitt Justin T $75,000
Open Schmitt Justin T $636,000
Closed Schmtt Justin T $580,000
Closed Schmitt Justin T $424,100
Closed Schmitt Justin T $245,600
Previous Owner Raskin Robert H $1,000,000
Previous Owner Raskin Robert H $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2017 09/14/17 Sold $745,000 -0.5% $176 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $749,000 -- $177 / 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 $10,223 $87,142 -- --
2024 $9,933 $82,992 -- --
2023 $9,933 $106,310 $21,260 $85,050
2022 $9,619 $78,920 $15,780 $63,140
2021 $9,708 $73,170 $14,630 $58,540
2020 $9,547 $73,600 $14,720 $58,880
2019 $9,324 $67,720 $13,540 $54,180
2018 $9,080 $65,880 $13,170 $52,710
2017 $8,624 $69,250 $13,850 $55,400
2016 $8,306 $62,060 $12,410 $49,650
2015 $7,672 $60,060 $12,010 $48,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5624150

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-40-013