NOT LISTED FOR SALE

40286 W Molly Ln Maricopa, AZ 85138

Estimated Value: $336,851 - $342,000

4 Beds
2.5 Baths
2,275 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $245,000 $108 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,143/month

54 Days on Market

Highlights

  • Clubhouse
  • Heated Community Pool
  • Double Pane Windows
  • Granite Countertops
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of August 2020

Molly Lane is a MUST SEE! This lovely 2,275 sq ft home is nestled in the Smith Farms neighborhood. This home is spacious with 4 bedrooms, 2.5 bathrooms, and a loft perfect for your office or gaming area. Granite kitchen counter tops, upgraded plank tile flooring, 9 ft ceilings downstairs, Upgraded master bath, walk in closets, ceiling fans and blinds, and surround sound pre-wire. It's located in a fabulous neighborhood with a community POOL, splash pad, volleyball & playgrounds! I

Last Agent to Sell the Property

Brian French

Real Broker License #SA663241000 Listed on: 05/30/2020

Real Broker

Last Buyer's Agent

Aurora Munoz

My Home Group Real Estate License #BR678032000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,844

Year Built

  • Built in 2013

Lot Details

  • 4,001 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,275 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Maricopa Elementary School
  • Maricopa Wells Middle School
  • Maricopa High School

Utilities

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

Listing and Financial Details

  • Tax Lot 135
  • Assessor Parcel Number 512-39-135

Community Details

Overview

  • Association fees include ground maintenance
  • Desert Passage Association, Phone Number (480) 422-0888
  • Built by B Homes
  • Smith Farms Parcel 3 Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Playground
  • Heated Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,844

Year Built

Built in 2013

Lot Details

0

HOA Fees

$99 per month

Parking

2

Listing Details

  • Cross Street: Bowlin & White and Parker Rd
  • Legal Info Range: 03E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 99.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2013
  • Tax Year: 2019
  • Directions: West on Bowlin, North on Smyth Farms Circle, SW on Green Ct., SE on Molly Ln to property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: SMITH FARMS PARCEL 3
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 99.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2275.0
  • Stories: 2
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Irrigation Front, Irrigation Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool Htd, Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management
  • Association Fee: 99.0
  • Association Fee Frequency: Monthly
  • Association Name: Desert passage
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Desert passage
  • Association Fees:HOA Telephone4: 480-422-0888
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Maricopa Elementary School
  • High School: Maricopa High School
  • Junior High Dist: Maricopa Unified School District
  • Middle Or Junior School: Maricopa Wells Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4001.0
  • Parcel #: 512-39-135
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: B Homes

Tax Info

  • Tax Annual Amount: 1844.0
  • Tax Book Number: 512.00
  • Tax Lot: 135
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Aug 27, 2020
Sold by
Catayas Christian Ian G
Bought by
Catayas Agnes
Seller's Agent
Brian French
Real Broker
Buyer's Agent
Aurora Munoz
My Home Group Real Estate
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$339,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,713
Avg. Annual Appreciation
6.84%
Original Mortgage
$220,500
Outstanding Balance
$196,123
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$146,240

Purchase Details

Closed on
Feb 9, 2019
Sold by
Moody Danny R and Perez Vanessa A
Bought by
Perez Vanessa A

Purchase Details

Listed on
Nov 9, 2016
Closed on
Mar 30, 2017
Sold by
Frost Robert M
Bought by
Moody Danny R and Perez Vanessa A
Seller's Agent
Paul Newcomb
DPR Realty LLC
Buyer's Agent
Lissett Basargin
Realty ONE Group
List Price
$180,000
Sold Price
$169,500
Premium/Discount to List
-$10,500
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$135,600
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2013
Sold by
Kb Home Sales Phoenix Inc
Bought by
Frost Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,306
Interest Rate
4.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Catayas Agnes -- First Arizona Title Agcy Llc
Omolon Gina Catayas -- First Arizona Title Agcy Llc
Catayas Agnes $245,000 First Arizona Title
Perez Vanessa A -- None Available
Moody Danny R $169,500 Chicago Title Agency Inc
Frost Robert M $165,226 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Catayas Agnes $220,500
Closed Catayas Agnes $220,500
Previous Owner Moody Danny R $135,600
Previous Owner Frost Robert M $165,306
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $245,000 0.0% $108 / Sq Ft
07/25/2020 07/25/20 For Sale $245,000 0.0% $108 / Sq Ft
07/25/2020 07/25/20 Price Changed $245,000 0.0% $108 / Sq Ft
05/31/2020 05/31/20 Off Market $245,000 -- --
05/29/2020 05/29/20 For Sale $229,999 +35.7% $101 / Sq Ft
04/04/2017 04/04/17 Sold $169,500 0.0% $75 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
03/01/2017 03/01/17 Price Changed $169,500 -0.3% $75 / Sq Ft
02/01/2017 02/01/17 Price Changed $170,000 -2.2% $75 / Sq Ft
01/04/2017 01/04/17 Price Changed $173,900 -2.8% $76 / Sq Ft
12/06/2016 12/06/16 Price Changed $178,900 -0.6% $79 / Sq Ft
11/08/2016 11/08/16 For Sale $180,000 -- $79 / 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 $2,807 $26,103 -- --
2024 $2,826 $31,359 -- --
2023 $2,836 $26,431 $3,920 $22,511
2022 $2,766 $19,965 $2,744 $17,221
2021 $2,826 $16,568 $0 $0
2020 $1,917 $16,644 $0 $0
2019 $1,844 $15,328 $0 $0
2018 $2,452 $14,301 $0 $0
2017 $2,395 $14,448 $0 $0
2016 $1,560 $14,595 $1,250 $13,345
2014 $1,491 $9,664 $1,000 $8,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6084377

Arizona Regional Multiple Listing Service (ARMLS)

APN: 512-39-135