NOT LISTED FOR SALE

Estimated Value: $1,624,000 - $1,912,000

5 Beds
4.5 Baths
4,782 Sq Ft
$370/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $1,015,000 $212 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,748/month

69 Days on Market

Highlights

  • 0.32 Acre Lot
  • Home Energy Rating Service (HERS) Rated Property
  • Contemporary Architecture
  • San Tan Elementary School Rated A
  • Mountain View
  • Outdoor Fireplace

About This Home

As of July 2019

Across the street from community lake with lake and mountain views from outdoor deck. 4,782 Sq. Ft., 5 beds, 4.5 baths (1 Bedroom is casita/office) 14,108 sq. ft. lot; Has 12' ceilings in open great room, kitchen and dining area. Has bonus room, 1 upstairs bedroom, loft and large deck. Wood floors throughout. Kitchen has quartz counters, large island, prep area and walk-in-pantry. Sub-Zero refrigerator Wolf 48'' Gas range with 11'' infrared griddle, 6 burners & dual ovens, 48'' Hood, Wolf microwave and 2 Asko dishwashers. Upgraded Maple White stacked cabinets. Master downstairs w/ separate tub & shower, dual sinks and large master closet. Large interior courtyard & rear covered patio. Rinnai Tankless water heater, sw loop, spray foam insulation, Anderson Low-E Fibrex windows, LED lighting

Last Agent to Sell the Property

Eric Scott Holland

Risewell Homes License #BR522373000 Listed on: 04/13/2019

Co-Listed By

James Patterson

William Ryan Realty, Inc License #BR582366000

Last Buyer's Agent

Melanie Hamilton

Real Broker License #SA674776000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 2019

Lot Details

  • 0.32 Acre Lot
  • Private Streets
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Side or Rear Entrance to Parking

Home Design

  • Designed by Bassenian/Lagoni Architects
  • Contemporary Architecture
  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,782 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Mountain Views
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Roll-in Shower

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • Energy Monitoring System
  • ENERGY STAR Qualified Equipment for Heating
  • Mechanical Fresh Air

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • San Tan Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 46
  • Assessor Parcel Number 313-23-261

Community Details

Overview

  • Association fees include ground maintenance
  • Somerset Homeowners Association, Phone Number (480) 757-4678
  • Built by The New Home Company
  • Somerset Phase 1 Subdivision, 1C Desert Prairie Floorplan

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,000

Year Built

Built in 2019

Lot Details

0

HOA Fees

$195 per month

Parking

3

Listing Details

  • Cross Street: E. of Greenfield S. of Pecos
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Bassenian/Lagoni
  • Association Fees Community Facilities District: Y
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 195.0
  • Cooling HVAC SEER Rating: 14
  • Energy Green Feature H E R S Rating: Y
  • Separate Den Office Sep Den Office: N
  • Year Built: 2019
  • Tax Year: 2019
  • Master Model: 1C Desert Prairie
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.32
  • Co List Office Mls Id: tnhc001
  • Co List Office Phone: 480-634-6385
  • Subdivision Name: SOMERSET PHASE 1
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Multi-Zones, Energy Audit, Fresh Air Mechanical
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 212.25
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Cooktop, Microwave, Gas Oven, Gas Range
  • Accessibility Features: Bath Roll-In Shower
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Breakfast Bar, Kitchen Island, Walk-in Pantry, Non-laminate Counter, High Speed Internet, Master Downstairs, 9+ Flat Ceilings, Other, See Remarks
  • Living Area: 4782.0
  • Stories: 2
  • Window Features: ENERGY STAR Qualified Windows, Dual Pane, Low-Emissivity Windows

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s), Private Yard
  • Lot Features: Borders Common Area, Dirt Front, Dirt Back, None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail, Agency Discl Req, Special Asmnt Dist
  • Home Warranty: Yes
  • Construction Type: Wood Frame, Spray Foam Insulation, Painted, Stucco, No VOC Paint
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Side Vehicle Entry, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Programmable Thmstat, ENERGY STAR Qualified Equipment
  • Heating: Natural Gas, ENERGY STAR Qualified Equipment
  • Laundry Features: Engy Star (See Rmks), Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Gated, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 195.0
  • Association Fee Frequency: Monthly
  • Association Name: Somerset Homeowners
  • Phone: 480-757-4678
  • Association: Yes

Association/Amenities

  • Association Fees:HOA Transfer Fee2: 75.0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 390.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2: 390.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: San Tan Elementary
  • High School: Higley High School
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14108.0
  • Parcel #: 313-23-261

Green Features

  • Green Water Conservation: Recirculation Pump, Tankless Ht Wtr Heat

Building Info

  • Builder Name: The New Home Company

Tax Info

  • Tax Annual Amount: 9000.0
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2019
Closed on
Jun 25, 2019
Sold by
Tnhc Arizona Marketing Llc
Bought by
Bhatia Rajesh and Satpute Sheela B
Seller's Agent
Eric Scott Holland
Risewell Homes
Buyer's Agent
Melanie Hamilton
Real Broker
List Price
$1,098,187
Sold Price
$1,015,000
Premium/Discount to List
-$83,187
-7.57%
Current Estimated Value
$1,768,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$753,315
Avg. Annual Appreciation
8.93%
Original Mortgage
$749,000
Outstanding Balance
$654,781
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$1,113,534
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bhatia Rajesh $1,015,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatia Rajesh $749,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2019 07/30/19 Sold $1,015,000 -7.6% $212 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
04/13/2019 04/13/19 For Sale $1,098,187 -- $230 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $4,442 $56,123 -- --
2024 $4,721 $53,451 -- --
2023 $4,721 $122,860 $24,570 $98,290
2022 $4,514 $89,730 $17,940 $71,790
2021 $4,573 $85,170 $17,030 $68,140
2020 $4,627 $62,820 $12,560 $50,260
2019 $1,781 $23,640 $23,640 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5911357

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-23-261