NOT LISTED FOR SALE

Estimated Value: $821,000 - $989,000

4 Beds
2.5 Baths
2,568 Sq Ft
$337/Sq Ft Est. Value

Last Sold April 09, 2020

Last sale price $515,000 $201 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,903/month

11 Days on Market

Highlights

  • Gated Community
  • 0.49 Acre Lot
  • Family Room with Fireplace
  • Franklin at Brimhall Elementary School Rated A
  • Mountain View
  • Granite Countertops

About This Home

As of April 2020

Well located on a 1⁄2 acre private lot with city light, sunset, & mountain views in the beautiful gated community of Madrid, this 2568 sq. ft, split floorplan, single level home is immaculate & won't last! This home is being offered Fully Furnished (see docs tab for list) or Unfurnished and features 3 bedrooms, den, 2.5 bathrooms, great room with views of the backyard, open kitchen just off of the great room, dining room, & 3 car tandem garage with workbench & storage! Stunning upgrades incl: Staggered maple cabinets, granite countertops, stainless steel appliances, gas cooktop, rollouts in the cabinets, 18 in. tile, wood flooring in the office, shutters t/o, HVAC system replaced in 2017, whole home water filtration system, water softener, custom paint, new white cabinets in the laundry roo laundry room, gas fireplace in the great room, security door off of the master bedroom, and more! The backyard is peaceful and serene with a built-in grill area with brand new stainless steel grill, side burner and refrigerator, pond, firepit with seating area, large covered patio with extended pergola, retractable sun screen, new exposed aggregate sidewalk extending from the backyard to the front. The gated community of Madrid offers only single level homes (some with basements) on large 1⁄2 acre lots, includes a park area, and is close to shopping, restaurants, 15 min to Salt River Recreation area, 15 min to Saguaro Lake, 25 min to Sky Harbor Intl Airport, and minutes from 202 freeway! Don't miss out on this well cared for home!

Last Agent to Sell the Property

Laura Davis

Real Broker License #BR545064000 Listed on: 01/31/2020

Real Broker

Last Buyer's Agent

Bobbi Palmer

Hughes Realty & Investments License #BR511628000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,231

Year Built

  • Built in 2002

Lot Details

  • 0.49 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $111 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,568 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Schools

  • Las Sendas Elementary School
  • Fremont Junior High School
  • Red Mountain High School

Utilities

  • Zoned Heating and Cooling System
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 219-31-088

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Tri City Mngmt Association, Phone Number (480) 844-2224
  • Built by Schuler Homes
  • Madrid Subdivision

Recreation

  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,231

Year Built

Built in 2002

Lot Details

0

HOA Fees

$111 per month

Parking

3

Listing Details

  • Cross Street: Hawes/McDowell
  • Legal Info Range: 7E
  • 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: 110.5
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2019
  • Directions: East on McDowell, South on 88th through gates at Madrid, West on Nora, South on Estrada to home
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.49
  • Subdivision Name: MADRID
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 331.5
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, 2 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2568.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail
  • 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:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • 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: Gated, Playground
  • Association Fee: 331.5
  • Association Fee Frequency: Quarterly
  • Association Name: Madrid Community
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Madrid Community
  • Association Fees:HOA Telephone4: 480-844-2224
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Tri City Mngmt
  • Association Fees:HOA Management Phone: 480-844-2224
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Las Sendas Elementary School
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Fremont Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21545.0
  • Parcel #: 219-31-088

Building Info

  • Builder Name: Schuler Homes

Tax Info

  • Tax Annual Amount: 4231.0
  • Tax Book Number: 219.00
  • Tax Lot: 13
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Apr 1, 2020
Sold by
Henricksen James R and Henricksen Barbara Karen
Bought by
Curtis Philip L and The Plc Rac Trust
Seller's Agent
Laura Davis
Real Broker
Buyer's Agent
Bobbi Palmer
Hughes Realty & Investments
List Price
$524,900
Sold Price
$515,000
Premium/Discount to List
-$9,900
-1.89%
Current Estimated Value
$866,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,054
Avg. Annual Appreciation
9.80%

Purchase Details

Listed on
Sep 6, 2011
Closed on
Feb 29, 2012
Sold by
Richards James F and Richards Tarole B
Bought by
Henricksen James R and Henricksen Barbara Karen
Seller's Agent
John Karadsheh
KOR Properties
Buyer's Agent
Zenja Darabnia
HomeSmart
List Price
$355,000
Sold Price
$310,000
Premium/Discount to List
-$45,000
-12.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Sep 29, 2009
Sold by
Richards James F and Richards Tarole B
Bought by
Richards James F and Richards Tarole B

Purchase Details

Closed on
May 13, 2004
Sold by
Vernick Robert J and Vernick Myriam L
Bought by
Richards James F and Richards Tarole B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2003
Sold by
Schuler Homes Arizona Llc
Bought by
Vernick Robert J and Vernick Maryriam L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,800
Interest Rate
6.87%
Mortgage Type
New Conventional
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
Curtis Philip L $515,000 Security Title Agency Inc
Henricksen James R $310,000 Lawyers Title Of Arizona Inc
Richards James F -- None Available
Richards James F $390,000 Tsa Title Agency
Vernick Robert J $345,372 Century Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richards James F $312,000
Previous Owner Vernick Robert J $310,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2020 04/09/20 Sold $515,000 -1.9% $201 / Sq Ft
01/31/2020 01/31/20 For Sale $524,900 +69.3% $204 / Sq Ft
03/05/2012 03/05/12 Sold $310,000 -10.1% $121 / Sq Ft View Prior Sale
02/24/2012 02/24/12 Pending -- -- --
02/22/2012 02/22/12 Price Changed $345,000 -2.8% $134 / Sq Ft
09/06/2011 09/06/11 For Sale $355,000 -- $138 / 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 $3,102 $46,771 -- --
2024 $4,029 $44,544 -- --
2023 $4,029 $58,350 $11,670 $46,680
2022 $3,933 $46,730 $9,340 $37,390
2021 $3,988 $44,120 $8,820 $35,300
2020 $3,928 $41,220 $8,240 $32,980
2019 $4,231 $37,120 $7,420 $29,700
2018 $4,061 $35,770 $7,150 $28,620
2017 $3,940 $37,220 $7,440 $29,780
2016 $3,866 $37,120 $7,420 $29,700
2015 $3,634 $35,050 $7,010 $28,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6031171

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-31-088