NOT LISTED FOR SALE

Estimated Value: $685,000 - $739,000

3 Beds
3 Baths
2,561 Sq Ft
$274/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $450,000 $176 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,986/month

169 Days on Market

Highlights

  • Play Pool
  • Mountain View
  • Two Way Fireplace
  • Kyrene de los Lagos School Rated A
  • Community Lake
  • 1-minute walk to Lakewood Playground

About This Home

As of August 2018

UNDER APPRAISED VALUE OF $468,000.00!! MOTIVATED SELLERS! Seldom available home on green belt with water, mountain views and immediate access to the trail that leads directly to S. Mountain Park awaits you. This generous floor plan offers multiple opportunities for work or pleasure. French doors provide access to three patio areas, pool and sport court. Upstairs the master suite features offers an adult space including a dual face fireplace, a generous balcony overlooking all the views from the home. There are two additional bedrooms and a full bath for additional family members or guests. What's more it is within walking distance to the Fry's, Safefway and Trader Joe's!!! Act now to take advantage of this aggressively priced home before it goes off the market!!

Last Agent to Sell the Property

Michele Parthum

Berkshire Hathaway HomeServices Arizona Properties License #SA649125000 Listed on: 02/14/2018

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Margo Ingram

Locality Real Estate License #SA625750000

Locality Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,771

Year Built

  • Built in 1986

Lot Details

  • 9,100 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,561 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Two Way Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Easy To Use Faucet Levers
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Grab Bar In Bathroom
  • Accessible Hallway
  • Doors are 32 inches wide or more
  • Stepless Entry

Outdoor Features

  • Play Pool
  • Balcony
  • Covered Patio or Porch

Schools

  • Kyrene De Los Lagos Elementary School
  • Kyrene Akimel A Middle School
  • Desert Vista High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 301-79-279

Community Details

Overview

  • Association fees include street maintenance
  • Aam Association, Phone Number (602) 474-4343
  • Built by Richmond American Homes
  • Richmond Shores Lot 1 105 Tr A Subdivision
  • FHA/VA Approved Complex
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,771

Year Built

Built in 1986

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Cross Street: Pecos and 40th St
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 33.33
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1986
  • Tax Year: 2017
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: RICHMOND SHORES LOT 1-105 TR A
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 175.71
  • Association Fees:HOA Fee2: 200.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Accessible Door 32in+ Wide, Zero-Grade Entry, Bath Lever Faucets, Bath Grab Bars, Accessible Hallway(s)
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Two Way Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2561.0
  • Stories: 2
  • Window Features: Dual Pane, Low-E, Tinted Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Lake Subdivision: Yes
  • Fireplace:Two Way Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: Play Pool, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: FHA Approved Prjct, VA Approved Prjct
  • Association Fee: 200.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: AAM
  • Phone: 602-474-4343
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: AAM
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Street Maint

Schools

  • Elementary School: Kyrene de los Lagos School
  • High School: Desert Vista High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene Akimel A-Al Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9100.0
  • Parcel #: 301-79-279
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Richmond American Homes

Tax Info

  • Tax Annual Amount: 2771.0
  • Tax Book Number: 301.00
  • Tax Lot: 31
  • Tax Map Number: 79.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
Aug 2, 2018
Sold by
Underwood Gerald L and Underwood Susan H
Bought by
Rapp Jason J and Rapp Rebecca P
Seller's Agent
Michele Parthum
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Margo Ingram
Locality Real Estate
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Current Estimated Value
$702,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,871
Avg. Annual Appreciation
6.25%
Original Mortgage
$427,500
Outstanding Balance
$371,266
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$331,605

Purchase Details

Closed on
Mar 10, 2017
Sold by
Underwood Gerald L and Underwood Susan
Bought by
The Underwood Family Trust and Underwood Gerald L

Purchase Details

Closed on
Dec 3, 2016
Sold by
Underwood Gerald L and Underwood Susan H
Bought by
Underwood Gerald L and Underwood Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2014
Sold by
Underwood Gerald L and Underwood Susan H
Bought by
Underwood Gerald L and Underwood Susan H

Purchase Details

Closed on
Mar 4, 2003
Sold by
Solomon Greg C and Williams Solomon Mary L
Bought by
Underwood Gerald L and Underwood Susan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1997
Sold by
Crown Heidi J
Bought by
Crown Timothy A
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
Rapp Jason J $450,000 First American Title Insuran
The Underwood Family Trust -- None Available
Underwood Gerald L -- Silk Abstract Company
Underwood Gerald L -- None Available
Underwood Gerald L $285,000 First Financial Title Agency
Crown Timothy A -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rapp Jason J $427,500
Previous Owner Underwood Gerald L $417,000
Previous Owner Underwood Gerald L $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $450,000 -1.7% $176 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
07/10/2018 07/10/18 Price Changed $458,000 -0.2% $179 / Sq Ft
06/13/2018 06/13/18 Price Changed $459,000 -0.2% $179 / Sq Ft
04/16/2018 04/16/18 Price Changed $460,000 -3.2% $180 / Sq Ft
04/09/2018 04/09/18 Price Changed $475,000 -2.9% $185 / Sq Ft
04/04/2018 04/04/18 Price Changed $489,000 -1.2% $191 / Sq Ft
03/21/2018 03/21/18 Price Changed $495,000 -0.8% $193 / Sq Ft
02/14/2018 02/14/18 For Sale $499,000 -- $195 / 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 $3,368 $37,571 -- --
2024 $3,206 $35,782 -- --
2023 $3,206 $47,210 $9,440 $37,770
2022 $3,052 $36,970 $7,390 $29,580
2021 $3,185 $34,510 $6,900 $27,610
2020 $3,105 $33,550 $6,710 $26,840
2019 $3,006 $32,270 $6,450 $25,820
2018 $2,903 $30,720 $6,140 $24,580
2017 $2,771 $29,820 $5,960 $23,860
2016 $2,808 $29,730 $5,940 $23,790
2015 $2,514 $29,050 $5,810 $23,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5723505

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-79-279