NOT LISTED FOR SALE

Estimated Value: $1,434,880 - $1,505,000

3 Beds
3.5 Baths
3,117 Sq Ft
$468/Sq Ft Est. Value

Last Sold May 29, 2012

Last sale price $579,000 $186 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $8,469/month

10 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Clubhouse
  • Cactus Shadows High School Rated A-
  • Mountain View
  • Granite Countertops

About This Home

As of May 2012

BACK ON THE MARKET IN THE PRESTIGIOUS GATED COMMUNITY OF PRESERVE SUMMIT AT LEGEND TRAILS. There is nothing like this home for the price in this neighborhood. Absolutely gorgeous, from the entrance through your own private courtyard, to the interior with so many upgrades we can't even list them all. 18'' Travetine tile throughout, snail shower, clawfoot tub, cathedral ceilings, wood shutters, solid Alder doors. An ''Entertainers Dream Kitchen'' with granite countertops, Alder cabinets, a large kitchen island, gas cook top, and professional grade stainless steel appliances. Outside there is a fiber optic lighted salt water pool and spa, (in your larger than normal backyard) so you can enjoy the beautiful AZ weather. Fantastic Home!!

Last Agent to Sell the Property

Joan McChesney

Scott-Phillips Realty, LLC License #BR531497000 Listed on: 03/11/2012

Last Buyer's Agent

Perry Bergelt

Arizona Luxury Real Estate License #BR520340000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 2005

Lot Details

  • 0.26 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $137 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 3,117 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Solar Screens
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered patio or porch

Schools

  • Desert Sun Academy Elementary School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 216-45-185

Community Details

Overview

  • Association fees include cable TV, ground maintenance, street maintenance
  • Built by Avron
  • Legend Trail Parcel A Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,699

Year Built

Built in 2005

Lot Details

0

HOA Fees

$137 per month

Parking

3

Listing Details

  • Cross Street: Pima and Legend Trail
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Total Monthly Fee Equivalent: 102.75
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2005
  • Spa Private: Yes
  • Tax Year: 2011
  • Directions: Pima Road past Dynamite to Legend Trail Parkway. East to first gated entrance, ''Preserve Summit''. Follow Preserve Summit up the hill and the road curves and becomes 99th Way. Home is on the right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.26
  • Subdivision Name: Legend Trail parcel A
  • Efficiency: Multi-Pane Wndws
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 411.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3117.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Other (See Remarks), Seller Discl Avail
  • Construction Type: Painted, Stucco, Stone, Block, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Tennis Court(s), Biking/Walking Path, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 411.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Street Maint

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District

Lot Info

  • Lot Size Sq Ft: 11332.0
  • Parcel #: 216-45-185
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Avron

Tax Info

  • Tax Annual Amount: 2699.0
  • Tax Book Number: 216.00
  • Tax Lot: 77
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2013
Sold by
Bancroft Lea Gilbert and Bancroft Niki Susan
Bought by
Bancroft Lea Gilbert and Bancroft Niki Susan
Current Estimated Value
$1,455,377

Purchase Details

Listed on
Mar 11, 2012
Closed on
May 23, 2012
Sold by
Iorgakiev Nichole B
Bought by
Bancroft Lea Gilbert and Bancroft Niki Susan
Seller's Agent
Joan McChesney
Scott-Phillips Realty, LLC
Buyer's Agent
Perry Bergelt
Arizona Luxury Real Estate
List Price
$545,000
Sold Price
$579,000
Premium/Discount to List
$34,000
6.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Dec 10, 2007
Sold by
Iorgakiev Kroum G
Bought by
Iorgakiev Nichole B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 7, 2006
Sold by
Iorgakiev Kroum G
Bought by
Iorgakiev Kroum G and Iorgakiev Nichole B

Purchase Details

Closed on
Nov 23, 2004
Sold by
Iorgakiev Nichole B
Bought by
Iorgakiev Kroum G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,150
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2004
Sold by
Avron Investments Llc
Bought by
Iorgaklev Kroum G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,150
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2000
Sold by
Legendary Partners Ii Ltd Partnership
Bought by
Vip Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 29, 1999
Sold by
Limited Prtnrshp Legendary Partners Ii
Bought by
Vip Construction Inc and Vip Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.83%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bancroft Lea Gilbert -- None Available
Bancroft Lea Gilbert $579,000 Pioneer Title Agency Inc
Iorgakiev Nichole B -- Pioneer Title
Iorgakiev Kroum G -- None Available
Iorgakiev Kroum G -- First American Title Ins Co
Iorgaklev Kroum G $642,420 First American Title Ins Co
Vip Construction Inc $188,000 Century Title Agency
Vip Construction Inc $752,000 Century Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iorgakiev Nichole B $250,000
Previous Owner Iorgakiev Nichole B $250,000
Previous Owner Iorgakiev Nichole B $417,000
Previous Owner Iorgakiev Kroum G $478,150
Previous Owner Anderson Leslie A $150,000
Previous Owner Iorgaklev Kroum G $478,150
Previous Owner Vip Construction Inc $160,000
Previous Owner Vip Construction Inc $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2012 05/29/12 Sold $579,000 +12.4% $186 / Sq Ft
03/15/2012 03/15/12 Price Changed $515,000 -5.5% $165 / Sq Ft
03/11/2012 03/11/12 For Sale $545,000 -- $175 / 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 $4,370 $79,346 -- --
2024 $4,180 $75,568 -- --
2023 $4,180 $89,700 $17,940 $71,760
2022 $4,026 $70,710 $14,140 $56,570
2021 $4,372 $66,620 $13,320 $53,300
2020 $4,294 $62,170 $12,430 $49,740
2019 $4,299 $61,450 $12,290 $49,160
2018 $4,181 $60,610 $12,120 $48,490
2017 $4,027 $62,500 $12,500 $50,000
2016 $4,009 $59,020 $11,800 $47,220
2015 $3,791 $61,030 $12,200 $48,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4728446

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-45-185