$475,000
SOLD MAR 17, 2016

2915 W Twin Peaks Ln New River, AZ 85087

3 Beds
2.5 Baths
3,487 Sq Ft
5 Acres

Recently Sold

$136 Per Sq Ft

30% Below List Price

249 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Garage
  • Mountain View
  • New River Elementary School Rated A-
  • 5 Acre Lot
  • Santa Barbara Architecture

About This Home

As of September 2016

Very Motivated Seller! The serenity of this beautiful home nestled in the mountains of New River is unbelievable. That is what originally made the sellers fall in love with this home. While sitting on the porch in the morning with a cup of coffee you might spot a family of quail or rabbits enjoying the sunrise with you. Invite family or friends over in the evening for the spectacular sunsets while you BBQ in your outdoor courtyard which includes a fire pit, wet bar, and fabulous 360 degrees of amazing mountain views! The main home includes a formal living room, formal dining room and a spacious screened in Arizona room. A game room with a separate kitchen. A dream home with a shop building of 5000 sq feet, a perfect home for a family that has a lot of fun toys, automobiles, boats, etc.. A must see home for a family that needs a lot of land and storage. The garage is 4 cars including RV parking!

Last Agent to Sell the Property

Mary Ann Petratis

RE/MAX Fine Properties License #SA635388000 Listed on: 06/22/2015

RE/MAX Fine Properties

Last Buyer's Agent

Shelly Baumer

DPR Realty LLC License #SA116234000

DPR Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,558

Year Built

  • Built in 1987

Lot Details

  • 5 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Partially Fenced Property
  • Block Wall Fence
  • Front Yard Sprinklers
  • Private Yard

Parking

  • 4 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Circular Driveway
  • RV Garage
  • Unassigned Parking

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,487 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Free Standing Fireplace
  • Solar Screens
  • Mountain Views
  • Security System Owned
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Screened Patio
  • Outdoor Storage

Schools

  • New River Elementary School
  • Desert Mountain Middle School
  • Boulder Creek High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Refrigerated and Evaporative Cooling System
  • Zoned Heating
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • E2 Se4 Sw4 Se4 Section 26 Subdivision, <5 Acres W/Workshop> Floorplan

Listing and Financial Details

  • Assessor Parcel Number 202-11-022-U

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,558

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Cross Street: NEW RIVER RD AND I-17
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Tax Year: 2014
  • Directions: New River Road to 27th Ave. go south to Twin Peaks Lane, west to home on south side of street.
  • Master Model: <5 ACRES W/WORKSHOP>
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 5.0
  • Subdivision Name: E2 SE4 SW4 SE4 SECTION 26
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: U
  • ResoBuildingAreaSource: Appraiser
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: Res/Business Use Ok
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Free Standing
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 3487.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • ResoLivingAreaSource: Appraiser
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Fireplace:Freestnd Fireplace: Yes

Exterior Features

  • Fencing: Block, None, Partial, Wrought Iron
  • Exterior Features: Circular Drive, Private Yard, Screened in Patio(s), Storage
  • Lot Features: Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, RV Gate, Separate Strge Area, Detached, Unassigned, RV Access/Parking, RV Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Unassigned Parking: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:RV Garage: Yes

Utilities

  • Cooling: Both Refrig & Evap, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: Well - Pvtly Owned
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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: New River Elementary School
  • High School: Boulder Creek High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Desert Mountain School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 217800.0
  • Parcel #: 202-11-022-U
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 3558.0
  • Tax Book Number: 202.00
  • Tax Lot: 0
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2017
Sold by
Shaw Ryan
Bought by
Rjcs Llc
Current Estimated Value
$1,065,962

Purchase Details

Listed on
May 7, 2016
Closed on
Sep 8, 2016
Sold by
Pursell Jerry and Pursell Anna Marie
Bought by
Shaw Ryan and Lucky William
Seller's Agent
Shelly Baumer
DPR Realty LLC
Buyer's Agent
Sean Bell
My Home Group Real Estate
List Price
$675,000
Sold Price
$662,000
Premium/Discount to List
-$13,000
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$417,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2015
Closed on
Mar 16, 2016
Sold by
Otto Patricia
Bought by
Pursell Jerry and Pursell Anna Marie
Seller's Agent
Mary Ann Petratis
RE/MAX Fine Properties
Buyer's Agent
Shelly Baumer
DPR Realty LLC
List Price
$675,000
Sold Price
$475,000
Premium/Discount to List
-$200,000
-29.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.64%

Purchase Details

Closed on
May 18, 2015
Sold by
Scott Jason R
Bought by
Otto Patricia

Purchase Details

Closed on
Apr 30, 2002
Sold by
Dodson Archie D and Dodson Phyllis J
Bought by
Otto Frederick and Otto Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- American Title Service Agenc
Warranty Deed $662,000 American Title Svc Agency Ll
Cash Sale Deed $475,000 Security Title Agency Inc
Warranty Deed -- None Available
Warranty Deed $330,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $417,000 New Conventional
Previous Owner $620,478 Seller Take Back
Previous Owner $658,500 Unknown
Previous Owner $417,000 Unknown
Previous Owner $100,000 Stand Alone Second
Previous Owner $365,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $99,900 Credit Line Revolving
Previous Owner $351,657 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $264,000 New Conventional
Closed $33,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2016 09/06/16 Sold $662,000 -2.6% $190 / Sq Ft
06/15/2016 06/15/16 Price Changed $679,900 +0.7% $195 / Sq Ft
06/10/2016 06/10/16 For Sale $675,000 +2.0% $194 / Sq Ft
05/13/2016 05/13/16 Off Market $662,000 -- --
05/07/2016 05/07/16 For Sale $675,000 +42.1% $194 / Sq Ft
03/17/2016 03/17/16 Sold $475,000 -4.8% $136 / Sq Ft
01/26/2016 01/26/16 Price Changed $499,000 -13.2% $143 / Sq Ft
12/06/2015 12/06/15 Price Changed $575,000 -8.0% $165 / Sq Ft
08/13/2015 08/13/15 Price Changed $625,000 -3.8% $179 / Sq Ft
07/08/2015 07/08/15 Price Changed $650,000 -3.7% $186 / Sq Ft
06/22/2015 06/22/15 For Sale $675,000 -- $194 / 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 $4,084 $42,331 -- --
2024 $4,142 $40,315 -- --
2023 $4,142 $73,360 $14,670 $58,690
2022 $3,974 $44,800 $8,960 $35,840
2021 $4,074 $40,010 $8,000 $32,010
2020 $3,985 $39,080 $7,810 $31,270
2019 $3,855 $41,300 $8,260 $33,040
2018 $3,716 $38,270 $7,650 $30,620
2017 $3,647 $35,450 $7,090 $28,360
2016 $3,845 $35,460 $7,090 $28,370
2015 $3,553 $28,800 $5,760 $23,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5297538

Arizona Regional Multiple Listing Service (ARMLS)

APN: 202-11-022U