NOT LISTED FOR SALE

Estimated Value: $1,221,962

3 Beds
2.5 Baths
2,488 Sq Ft
$491/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $875,000 $352 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,288/month

45 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Community Lake
  • Phoenix Coding Academy Rated A
  • Waterfront
  • Vaulted Ceiling

About This Home

As of March 2021

Waterfront home in the quiet and private Village on The Lakes at the Biltmore. Tranquil green backyard with incredible lake view features a relaxing spa and fountain. Home flows comfortably from the foyer to the dining room that opens to the soaring ceilings in great room. Large glass doors with new modern screen doors open up to the backyard for peaceful indoor/outdoor living. Custom touches throughout the home and updated tile flooring. Large master bedroom opens up to the backyard and enjoys plenty of natural light and vaulted ceilings!

Last Agent to Sell the Property

Mariana Martin

The Brokery License #SA653131000 Listed on: 01/06/2021

Co-Listed By

Oleg Bortman

The Brokery License #BR636864000

Last Buyer's Agent

Alexis Magness

Compass License #SA680703000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,323

Year Built

  • Built in 1982

Lot Details

  • 9,365 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Santa Barbara Architecture
  • Spanish Architecture
  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,488 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Heated Spa
  • Covered Patio or Porch
  • Fire Pit

Schools

  • Madison Rose Lane Elementary School
  • Madison #1 Middle School
  • Camelback High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 164-69-305

Community Details

Overview

  • Association fees include sewer, ground maintenance, street maintenance, front yard maint, trash
  • Trestle Mgmt. Association, Phone Number (480) 422-0888
  • Abeva Association, Phone Number (602) 955-1003
  • Association Phone (602) 955-1003
  • Built by Caruscan
  • Village On The Lakes At Arizona Biltmore Estates Subdivision
  • Community Lake

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,323

Year Built

Built in 1982

Lot Details

0

HOA Fees

$303 per month

Parking

2

Listing Details

  • Cross Street: 32nd Street and Camelback Road
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: ABEVA
  • HOA #2 Phone Number: 602-955-1003
  • HOA #2 Transfer Fee: 250.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 302.92
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1982
  • Spa Private: Yes
  • Tax Year: 2020
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: boll001
  • Subdivision Name: Village on the Lakes at Arizona Biltmore Estates
  • Architectural Style: Spanish, Santa Barbara/Tuscan
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 351.68
  • Association Fees:HOA Fee2: 840.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit, 2 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2488.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Master Bathroom:Double Sinks: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Waterfront Lot, Grass Front, Grass Back
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Gated
  • Association #2 Fee: 275.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 840.0
  • Association Fee Frequency: Quarterly
  • Association: ABEVA
  • Association Name: Village on the Lakes
  • Association Phone #2: 602-955-1003
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Village on the Lakes
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Trestle Mgmt.
  • Association Fees:HOA Management Phone: 480-422-0888
  • Association Fees:HOA Paid Frequency 2: Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Trash

Schools

  • Elementary School: Madison Rose Lane School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9365.0
  • Parcel #: 164-69-305

Building Info

  • Builder Name: Caruscan

Tax Info

  • Tax Annual Amount: 6323.0
  • Tax Book Number: 164.00
  • Tax Lot: 51
  • Tax Map Number: 69.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Mar 5, 2021
Sold by
Eastham Sondra L and Eastham Sondra L
Bought by
Stout Timothy W and Stout Kristen K
Seller's Agent
Mariana Martin
The Brokery
Buyer's Agent
Alexis Magness
Compass
List Price
$375,000
Sold Price
$875,000
Premium/Discount to List
$500,000
133.33%
Current Estimated Value
$1,221,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,962
Avg. Annual Appreciation
7.14%
Original Mortgage
$700,000
Outstanding Balance
$627,500
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$594,462

Purchase Details

Closed on
May 27, 1999
Sold by
Jones John Allen
Bought by
Eastham John P and Eastham Sondra L

Purchase Details

Closed on
Apr 7, 1999
Sold by
Jones Frances C
Bought by
Jones John Allen

Purchase Details

Closed on
Nov 12, 1997
Sold by
Jones John Allen and Jones Frances C
Bought by
Jones John Allen and Jones Frances C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,060
Interest Rate
7.33%
Mortgage Type
Unknown
Source: Public Records
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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
Stout Timothy W $875,000 Wfg National Title Ins Co
Eastham John P $430,000 Fidelity Title
Jones John Allen -- Fidelity Title
Jones John Allen -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stout Timothy W $700,000
Previous Owner Jones John Allen $139,060
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $875,000 +133.3% $352 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $375,000 -- $151 / 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 $7,145 $59,451 -- --
2024 $6,586 $56,620 -- --
2023 $6,586 $69,000 $13,800 $55,200
2022 $6,372 $56,330 $11,260 $45,070
2021 $6,432 $56,720 $11,340 $45,380
2020 $6,323 $53,450 $10,690 $42,760
2019 $6,170 $51,580 $10,310 $41,270
2018 $6,004 $46,630 $9,320 $37,310
2017 $5,693 $46,250 $9,250 $37,000
2016 $5,476 $46,330 $9,260 $37,070
2015 $5,043 $45,300 $9,060 $36,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6168821

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-69-305