NOT LISTED FOR SALE

Estimated Value: $397,000 - $407,000

3 Beds
2 Baths
1,303 Sq Ft
$309/Sq Ft Est. Value

Last Sold June 14, 2012

Last sale price $106,600 $82 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $2,283/month

15 Days on Market

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Tile Flooring
  • Desert Ridge Jr. High School Rated A-
  • Community Playground
  • Ceiling Fan

About This Home

As of June 2012

Price just reduced! Amazing home! Great area! Perfect starter home. The oversized 24'' tumbled travertine tile is in all areas except bedrooms. 3 large bedrooms + a den. This home is move in ready. Nice parks in community. This opportunity won't last long.

Last Agent to Sell the Property

Steven Ball

DeLex Realty License #SA639266000 Listed on: 01/03/2012

DeLex Realty

Last Buyer's Agent

Kearney Adams, Sr

Lucas Real Estate License #SA631186000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $923

Year Built

  • Built in 2001

Lot Details

  • 5,500 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,303 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Augusta Ranch Elementary School
  • Desert Ridge High Middle School
  • Desert Ridge High School

Utilities

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

Listing and Financial Details

  • Tax Lot 345
  • Assessor Parcel Number 304-01-854

Community Details

Overview

  • Association fees include ground maintenance
  • Meridian Pointe HOA, Phone Number (480) 551-4300
  • Built by Continental
  • Meridian Pointe Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$923

Year Built

Built in 2001

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Cross Street: Signal Butte and Elliot
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Total Monthly Fee Equivalent: 34.5
  • Basement: N
  • Items Updated Floor Yr Updated: 2005
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Tax Year: 2011
  • Directions: Elliot East to Meridian*North to Peterson*West to Adelle*South to Home on Right
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: MERIDIAN POINTE
  • Architectural Style: Ranch
  • Efficiency: Multi-Pane Wndws
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 138.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1303.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground
  • Amenities: Management
  • Association Fee: 138.0
  • Association Fee Frequency: Quarterly
  • Association Name: Meridian Pointe HOA
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Meridian Pointe HOA
  • Association Fees:HOA Telephone4: 480-551-4300
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Augusta Ranch Elementary
  • High School: Desert Ridge High
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Desert Ridge High

Lot Info

  • Lot Size Sq Ft: 5500.0
  • Parcel #: 304-01-854
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Continental

Tax Info

  • Tax Annual Amount: 922.58
  • Tax Book Number: 304.00
  • Tax Lot: 345
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2012
Closed on
Jun 12, 2012
Sold by
Shepherd Daniel Lee and Shepherd Karen Jean
Bought by
Bell Nicole
Seller's Agent
Steven Ball
DeLex Realty
Buyer's Agent
Kearney Adams, Sr
Lucas Real Estate
List Price
$115,000
Sold Price
$106,600
Premium/Discount to List
-$8,400
-7.3%
Current Estimated Value
$402,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,140
Avg. Annual Appreciation
10.53%

Purchase Details

Listed on
Jan 3, 2012
Closed on
Jun 11, 2012
Sold by
Sheperd Daniel Lee and Shepherd Karen Jean
Bought by
Shepherd Daniel Lee and Shepherd Karen Jean
Seller's Agent
Steven Ball
DeLex Realty
Buyer's Agent
Kearney Adams, Sr
Lucas Real Estate
List Price
$115,000
Sold Price
$106,600
Premium/Discount to List
-$8,400
-7.3%

Purchase Details

Closed on
Sep 10, 2007
Sold by
Shepherd Daniel L and Shepherd Karen J
Bought by
Shepherd Daniel Lee and Shepherd Karen Jean

Purchase Details

Closed on
Jul 20, 2005
Sold by
Worthen John and Worthen Shammah
Bought by
Shepherd Daniel L and Shepherd Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,800
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2001
Sold by
Continental Homes Inc
Bought by
Worthen John and Worthen Shammah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,730
Interest Rate
7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Bell Nicole $106,600 Sterling Title Agency Llc
Shepherd Daniel Lee -- Sterling Title Agency Llc
Shepherd Daniel Lee -- None Available
Shepherd Daniel L $231,000 Russ Lyon Title Llc
Worthen John $127,515 Century Title Agency
Continental Homes Inc -- Century Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shepherd Daniel L $184,800
Previous Owner Worthen John $125,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2012 06/14/12 Sold $106,600 -7.3% $82 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $115,000 +7.9% $88 / Sq Ft
01/16/2012 01/16/12 Off Market $106,600 -- --
01/16/2012 01/16/12 Price Changed $115,000 -8.0% $88 / Sq Ft
01/03/2012 01/03/12 For Sale $125,000 -- $96 / 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 $1,321 $15,296 -- --
2024 $1,329 $14,567 -- --
2023 $1,329 $28,420 $5,680 $22,740
2022 $1,299 $22,070 $4,410 $17,660
2021 $1,372 $19,600 $3,920 $15,680
2020 $1,349 $18,320 $3,660 $14,660
2019 $1,262 $16,800 $3,360 $13,440
2018 $1,209 $14,670 $2,930 $11,740
2017 $1,173 $13,480 $2,690 $10,790
2016 $1,205 $12,960 $2,590 $10,370
2015 $1,105 $11,750 $2,350 $9,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4695311

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-01-854