NOT LISTED FOR SALE

Estimated Value: $1,003,000 - $3,474,167

3 Beds
2 Baths
1,572 Sq Ft
$1,505/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $540,000 $344 Per Sq Ft

Est. 338% increase in value since last sale

Current estimated payment $13,210/month

15 Days on Market

Highlights

  • Arena
  • RV Access or Parking
  • No HOA
  • Mercury Mine Elementary School Rated A
  • 1.2 Acre Lot
  • Covered Patio or Porch

About This Home

As of February 2019

Here is your opportunity to own a great horse property that is close to the Phoenix Mountain Preserve where you can ride without trailering your horses. Three bedrooms, 2 baths, covered patio, fenced arena, work shop, tack sheds, hay barn. Additional half bath in laundry room. Country living in the middle of Phoenix, yet easy access to downtown and Sky Harbor Airport. Whether you need room for your horses, bicycles, or vehicles, properties in this area don't become available often.

Last Agent to Sell the Property

Cathryn Coy

Realty ONE Group License #SA021822000 Listed on: 12/20/2018

Last Buyer's Agent

Ann Miller

Realty ONE Group License #SA562316000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,634

Year Built

  • Built in 1963

Lot Details

  • 1.2 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Chain Link Fence

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,572 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 1 Carport Space
  • RV Access or Parking

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Mercury Mine Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room
  • Arena

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Paradise Foothills Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 165-01-036-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,634

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 38th Street and Shea Boulevard
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Items Updated Kitchen Yr Updated: 1990
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1963
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.2
  • Subdivision Name: PARADISE FOOTHILLS
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 343.51
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1572.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Exterior Features: Storage
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 5.0
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Mercury Mine Elementary School
  • High School: Shadow Mountain High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Horse Amenities: Arena, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 52316.0
  • Parcel #: 165-01-036-A

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3634.0
  • Tax Book Number: 165.00
  • Tax Lot: 10
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2018
Closed on
Feb 4, 2019
Sold by
Sorrells Jill Carol and The Kostuch Family Trust
Bought by
Bakhru Arvind and Mallinger Julie Beth
Seller's Agent
Cathryn Coy
Realty ONE Group
Buyer's Agent
Ann Miller
Realty ONE Group
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Current Estimated Value
$2,366,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,826,292
Avg. Annual Appreciation
23.92%
Original Mortgage
$513,000
Outstanding Balance
$447,473
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,918,819

Purchase Details

Closed on
Nov 5, 2003
Sold by
Kostuch Edward C and Kostuch Phyllis M
Bought by
Kosuch Edward C and Kostuch Phyllis M
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
Bakhru Arvind $540,000 Lawyers Title Of Arizona Inc
Kosuch Edward C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakhru Arvind $513,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2019 02/14/19 Sold $540,000 -1.8% $344 / Sq Ft
12/20/2018 12/20/18 For Sale $550,000 -- $350 / 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 $10,045 $98,293 -- --
2024 $9,579 $93,612 -- --
2023 $9,579 $190,610 $38,120 $152,490
2022 $9,483 $126,730 $25,340 $101,390
2021 $3,911 $40,180 $8,030 $32,150
2020 $3,772 $38,420 $7,680 $30,740
2019 $3,777 $38,410 $7,680 $30,730
2018 $3,634 $35,270 $7,050 $28,220
2017 $3,458 $37,450 $7,490 $29,960
2016 $3,401 $36,800 $7,360 $29,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5859583

Arizona Regional Multiple Listing Service (ARMLS)

APN: 165-01-036A