NOT LISTED FOR SALE

Estimated Value: $1,571,000 - $2,150,000

7 Beds
5.5 Baths
6,734 Sq Ft
$291/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $1,238,000 $184 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $11,837/month

21 Days on Market

Highlights

  • Horses Allowed On Property
  • Play Pool
  • Mountain View
  • Ishikawa Elementary School Rated A-
  • RV Gated
  • Vaulted Ceiling

About This Home

As of July 2019

This 6734+/- sq ft Mesa Sommerset estate home sits on over an acre at the end of a cul-de-sac. Dramatic entries, soaring ceilings, oversized custom wrought-iron features, and ambient lighting are just a few of the stunning first impressions. Custom Burdette Cabinetry throughout, award-winning cook's kitchen and 48″ stainless steel gas range are complimented by granite, marble and travertine throughout the home. The 2nd floor showcases a game room (1500 bonus sq ft!), office space, media/entertainment room and additional bedrooms. A resort-style pool is framed by a 20ft rock waterfall with diving rock, slide and patio. A gas fire pit beautifully compliments the classically columned patio. The lush, expansive backyard encases a full-size basketball court with room for an additional cas

Last Agent to Sell the Property

Chris Allen

Elite Partners License #BR506579000 Listed on: 05/04/2019

Co-Listed By

Chris Baker

72SOLD License #SA545654000

Last Buyer's Agent

Puneet Chawla

Better Homes & Gardens Real Estate SJ Fowler License #SA664712000

Better Homes & Gardens Real Estate SJ Fowler

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,764

Year Built

  • Built in 2002

Lot Details

  • 1.04 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,734 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Play Pool
  • Diving Board

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Ishikawa Elementary School
  • Stapley Junior High School
  • Mountain View High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

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

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 141-24-098

Community Details

Overview

  • Association fees include ground maintenance
  • Somerset Estates Association, Phone Number (480) 820-1519
  • Built by Private
  • Somerset 2 Subdivision

Recreation

  • Horse Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,764

Year Built

Built in 2002

Lot Details

0

HOA Fees

$15 per month

Parking

4

Listing Details

  • Cross Street: Val Vista & McDowell
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 15.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Tax Year: 2018
  • Directions: From Val Vista and McDowell, head north on Val Vista Rd to Palm St., turn right and follow Palm Rd to the property.
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 1.04
  • Co List Office Mls Id: hagu01
  • Co List Office Phone: 480-998-0110
  • Subdivision Name: SOMERSET 2
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 180.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 9
  • Total Bedrooms: 7
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 6734.0
  • Stories: 2
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: Play Pool, Diving Pool, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, RV Gate, Separate Strge Area, Side Vehicle Entry, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: Management
  • Association Fee: 180.0
  • Association Fee Frequency: Annually
  • Association Name: Somerset Estates
  • Phone: 480-820-1519
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 195.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Somerset Estates
  • Association Fees:HOA Telephone4: 480-820-1519
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Ishikawa Elementary School
  • High School: Mountain View High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Stapley Junior High School

Lot Info

  • Horse Amenities: Bridle Path Access
  • Land Lease: No
  • Lot Size Sq Ft: 45424.0
  • Parcel #: 141-24-098
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Private

Tax Info

  • Tax Annual Amount: 8764.0
  • Tax Book Number: 141.00
  • Tax Lot: 22
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2019
Closed on
Jun 28, 2019
Sold by
Sanders Frank A and Sanders Prudence D
Bought by
Singh Lakhwinder and Kaur Sukhbir
Seller's Agent
Chris Allen
Elite Partners
Buyer's Agent
Puneet Chawla
Better Homes & Gardens Real Estate SJ Fowler
List Price
$1,250,000
Sold Price
$1,238,000
Premium/Discount to List
-$12,000
-0.96%
Total Days on Market
21
Current Estimated Value
$1,961,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$723,820
Avg. Annual Appreciation
8.13%
Original Mortgage
$866,600
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 2016
Sold by
Sanders Frank A and Sanders Prudence D
Bought by
Sanders Frank A and Sanders Prudence D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 10, 2015
Sold by
Sanders Frank A and Sanders Prudence D
Bought by
Frank A Sanders & Prudence D Sanders Tru

Purchase Details

Closed on
Apr 21, 2015
Sold by
Sanders Frank
Bought by
Sanders Frank and Sanders Prudence D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,900
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2012
Closed on
Jun 20, 2012
Sold by
Flip Capital Llc
Bought by
Sanders Frank
Seller's Agent
Natalie Worden
Gentry Real Estate
Buyer's Agent
Sheldon Cook
Cooper Premier Properties LLC
List Price
$1,299,900
Sold Price
$1,050,000
Premium/Discount to List
-$249,900
-19.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$423,000
Interest Rate
3.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 29, 2012
Closed on
Jun 18, 2012
Sold by
Sanders Prudence
Bought by
Sanders Frank
Seller's Agent
Natalie Worden
Gentry Real Estate
Buyer's Agent
Sheldon Cook
Cooper Premier Properties LLC
List Price
$1,299,900
Sold Price
$1,050,000
Premium/Discount to List
-$249,900
-19.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
3.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 18, 2012
Closed on
Feb 14, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
Flip Capital Llc
Seller's Agent
David Kaushagen
DPR Realty LLC
Buyer's Agent
Natalie Worden
Gentry Real Estate
List Price
$749,900
Sold Price
$750,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
161.52%
Original Mortgage
$725,000
Interest Rate
3.92%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 10, 2010
Sold by
Olson John C
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Feb 7, 2007
Sold by
Olson John C
Bought by
Olson John C and Olson Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2005
Sold by
Olson John
Bought by
Olson John and Olson Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2002
Sold by
Olson John
Bought by
Olson John and Olson Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,300
Interest Rate
6.12%

Purchase Details

Closed on
Jul 26, 1999
Sold by
Olson Jacqueline
Bought by
Olson John C
Source: Public Records

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Range of Values:

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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
Singh Lakhwinder $1,238,000 First Arizona Title Agency
Sanders Frank A -- First American Title Ins Co
Frank A Sanders & Prudence D Sanders Tru -- None Available
Sanders Frank -- Pioneer Title Agency Inc
Sanders Frank $1,050,000 Pioneer Title Agency Inc
Sanders Frank -- Pioneer Title Agency Inc
Flip Capital Llc $750,000 Great American Title Agency
Hsbc Bank Usa National Association $1,419,336 Great American Title Agency
Olson John C -- None Available
Olson John C -- Capital Title Agency Inc
Olson John -- Lawyers Title Ins
Olson John -- Lawyers Title Ins
Olson John -- Grand Canyon Title Agency
Olson John C -- Lawyers Title Of Arizona Inc
Olson John C $112,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Lakhwinder $350,000
Open Singh Lakhwinder $845,000
Closed Singh Lakhwinder $866,600
Previous Owner Sanders Frank A $812,000
Previous Owner Sanders Frank $826,900
Previous Owner Sanders Frank $417,000
Previous Owner Sanders Frank $423,000
Previous Owner Sanders Frank $417,000
Previous Owner Sanders Frank $417,000
Previous Owner Flip Capital Llc $725,000
Previous Owner Olson John C $1,250,000
Previous Owner Olson John C $400,000
Previous Owner Olson John $76,000
Previous Owner Olson John $750,000
Previous Owner Olson John $491,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $1,238,000 -1.0% $184 / Sq Ft
07/02/2019 07/02/19 For Sale $1,250,000 0.0% $186 / Sq Ft
07/02/2019 07/02/19 Price Changed $1,250,000 0.0% $186 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
05/24/2019 05/24/19 Pending -- -- --
05/04/2019 05/04/19 For Sale $1,250,000 +19.0% $186 / Sq Ft
06/28/2012 06/28/12 Sold $1,050,000 -12.5% $151 / Sq Ft
05/09/2012 05/09/12 Pending -- -- --
04/30/2012 04/30/12 Price Changed $1,200,000 -7.6% $172 / Sq Ft
04/28/2012 04/28/12 Price Changed $1,299,000 -0.1% $187 / Sq Ft
03/29/2012 03/29/12 For Sale $1,299,900 +73.3% $187 / Sq Ft
02/23/2012 02/23/12 Sold $750,000 0.0% $111 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $749,900 -- $111 / 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 $9,707 $102,881 -- --
2024 $9,789 $97,982 -- --
2023 $9,789 $122,860 $24,570 $98,290
2022 $9,579 $92,460 $18,490 $73,970
2021 $9,666 $88,430 $17,680 $70,750
2020 $9,528 $80,610 $16,120 $64,490
2019 $9,165 $80,820 $16,160 $64,660
2018 $8,764 $81,370 $16,270 $65,100
2017 $8,489 $80,650 $16,130 $64,520
2016 $8,317 $85,260 $17,050 $68,210
2015 $7,771 $81,150 $16,230 $64,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5921626

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-24-098