NOT LISTED FOR SALE

4031 E Cortez St Phoenix, AZ 85028

Paradise Valley Village Neighborhood

Estimated Value: $552,072 - $626,000

2 Beds
2 Baths
1,481 Sq Ft
$391/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $420,000 $284 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,552/month

Highlights

  • Gated with Attendant
  • Vaulted Ceiling
  • Tennis Courts
  • Sequoya Elementary School Rated A
  • Heated Community Pool
  • 4-minute walk to Cholla Cove Park

About This Home

As of February 2021

Beautiful patio home in the Springs community. 24/7 guarded entrance, lighted tennis and pickleball courts, heated community pool and spa. Vaulted ceilings, plantation shutters throughout, eat in kitchen with bay window looking out onto the 6th green of Stonecreek Golf Course. Master suite with separate tub and shower and walk in closet, 2 car garage, cozy fireplace and peaceful backyard.

Last Agent to Sell the Property

Nancy Villemez

Realty Executives Arizona Territory License #SA567392000 Listed on: 02/10/2021

Realty Executives Arizona Territory

Last Buyer's Agent

Elaine Grill

RE/MAX Excalibur License #BR520237000

RE/MAX Excalibur

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,129

Year Built

  • Built in 1985

Lot Details

  • 4,853 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,481 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Sequoya Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 167-46-304

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • Hidden Lakes Association, Phone Number (480) 844-2224
  • Built by Richmond American
  • Fairways Lot 1 288 Tr A G I Z Aa Ff Subdivision

Recreation

  • Tennis Courts
  • Heated Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,129

Year Built

Built in 1985

Lot Details

0

HOA Fees

$285 per month

Parking

2

Listing Details

  • Cross Street: Tatum and Shea
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 285.0
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2020
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: FAIRWAYS LOT 1-288 TR A-G I-Z AA-FF
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 283.59
  • Association Fees:HOA Fee2: 285.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 1481.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Community Pool, Guarded Entry, Tennis Court(s)
  • Association Fee: 285.0
  • Association Fee Frequency: Monthly
  • Association Name: Hidden Lakes
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Hidden Lakes
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

Schools

  • Elementary School: Sequoya Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4853.0
  • Parcel #: 167-46-304

Building Info

  • Builder Name: Richmond American

Tax Info

  • Tax Annual Amount: 2129.0
  • Tax Book Number: 167.00
  • Tax Lot: 67
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2024
Sold by
Turner-Spellman Julie K
Bought by
Tuebarima Living Trust and Turner-Spellman
Current Estimated Value
$593,723

Purchase Details

Listed on
Feb 10, 2021
Closed on
Feb 8, 2021
Sold by
Pedersen George R and Pedersen Joann
Bought by
Turner Spellman Julie K
Seller's Agent
Nancy Villemez
Realty Executives Arizona Territory
Buyer's Agent
Elaine Grill
RE/MAX Excalibur
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%

Purchase Details

Listed on
May 9, 2014
Closed on
Jul 16, 2014
Sold by
Green Karen S
Bought by
Pedersen George R and Pedersen Joann
Seller's Agent
Fiona Masters
Realty ONE Group
Buyer's Agent
Nancy Villemez
Realty Executives Arizona Territory
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
May 20, 1998
Sold by
Lichter Enid C
Bought by
Lichter Enid Cohen and Enid Cohen Lichter Revocable Trust

Purchase Details

Closed on
Sep 16, 1997
Sold by
Wetstein Gary M and Wetstein Judith A
Bought by
Lichter Enid C

Purchase Details

Closed on
Jun 8, 1994
Sold by
Teixeira Carlos A
Bought by
Wetstein Gary M and Wetstein Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tuebarima Living Trust -- None Listed On Document
Turner Spellman Julie K $420,000 Fidelity Natl Ttl Agcy Inc
Pedersen George R $255,000 Dhi Title Agency
Lichter Enid Cohen -- --
Lichter Enid C $169,000 Lawyers Title Of Arizona Inc
Wetstein Gary M $149,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wetstein Gary M $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2021 02/12/21 Sold $420,000 -1.2% $284 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $425,000 0.0% $287 / Sq Ft
09/10/2018 09/10/18 Rented $1,850 0.0% --
08/16/2018 08/16/18 Under Contract -- -- --
07/12/2018 07/12/18 Price Changed $1,850 -2.6% $1 / Sq Ft
06/16/2018 06/16/18 Price Changed $1,900 -5.0% $1 / Sq Ft
05/26/2018 05/26/18 For Rent $2,000 +21.2% --
11/23/2014 11/23/14 Rented $1,650 0.0% --
11/02/2014 11/02/14 Under Contract -- -- --
08/28/2014 08/28/14 For Rent $1,650 0.0% --
07/16/2014 07/16/14 Sold $255,000 -3.8% $172 / Sq Ft View Prior Sale
05/20/2014 05/20/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $265,000 -- $179 / 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 $1,866 $28,221 -- --
2024 $1,861 $26,877 -- --
2023 $1,861 $41,030 $8,200 $32,830
2022 $1,793 $33,360 $6,670 $26,690
2021 $1,884 $31,280 $6,250 $25,030
2020 $2,129 $29,470 $5,890 $23,580
2019 $2,049 $26,480 $5,290 $21,190
2018 $1,970 $25,060 $5,010 $20,050
2017 $1,893 $23,200 $4,640 $18,560
2016 $1,844 $22,810 $4,560 $18,250
2015 $1,691 $21,250 $4,250 $17,000
Source: Public Records

Agents Affiliated with this Home

  • Nancy Villemez

    Seller's Agent in 2021

    Nancy Villemez

    Realty Executives

    (602) 770-7037

    4 in this area

    48 Total Sales

    Nancy Villemez
    Section Image
  • Elaine Grill

    Buyer's Agent in 2021

    Elaine Grill

    RE/MAX

    (480) 510-2922

    2 in this area

    24 Total Sales

    Elaine Grill
    Section Image
  • Fiona Masters

    Seller's Agent in 2014

    Fiona Masters

    Realty One Group

    (602) 615-8088

    11 in this area

    15 Total Sales

    Fiona Masters
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6192673

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-46-304

Arizona Maricopa County Phoenix 85028 Paradise Valley Village

4031 E Cortez St, Phoenix, AZ

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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