NOT LISTED FOR SALE

4031 E Walter Way Phoenix, AZ 85050

Desert Ridge Neighborhood

Estimated Value: $831,000 - $878,000

3 Beds
2 Baths
2,157 Sq Ft
$393/Sq Ft Est. Value

Last Sold September 28, 2015

Last sale price $450,000 $209 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,800/month

Highlights

  • Heated Pool
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Desert Trails Elementary School Rated A
  • Granite Countertops
  • Double Pane Windows

About This Home

As of September 2015

Pocket Listing right now till October 1st, 2015

Last Agent to Sell the Property

Mary Ann Petratis

RE/MAX Fine Properties License #SA635388000 Listed on: 08/13/2015

RE/MAX Fine Properties

Co-Listed By

David Tucker

RE/MAX Fine Properties License #SA062900000

Last Buyer's Agent

Annie Cole

Compass License #SA531848000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,087

Year Built

  • Built in 2012

Lot Details

  • 7,236 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,157 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Heated Pool

Schools

  • Desert Trails Elementary School
  • Explorer Middle School
  • Pinnacle High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Desert Ridge Association, Phone Number (480) 551-4777
  • First Service Res. Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Built by DR Horton
  • Desert Ridge Subdivision

Listing and Financial Details

  • Tax Lot 98
  • Assessor Parcel Number 212-50-098

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,087

Year Built

Built in 2012

Lot Details

7,236 Sq Ft Lot

HOA Fees

$31 per month

Parking

2

Listing Details

  • Cross Street: Deer Valley and 40th Street
  • Property Type: Residential
  • HOA #2 Fee: 187.0
  • HOA #2 Name: First Service Res.
  • HOA #2 Phone Number: 480-551-4300
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 89.16
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2012
  • Tax Year: 2014
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: rmfp03
  • Co List Office Phone: 480-792-9500
  • Subdivision Name: Desert Ridge
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 208.62
  • Association Fees:HOA Fee2: 58.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 2157.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Back
  • Pool Features: Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Rental OK (See Rmks)
  • Association #2 Fee: 187.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee Frequency: Monthly
  • Association: First Service Res.
  • Association Name: Desert Ridge
  • Association Phone #2: 480-551-4300
  • Phone: 480-551-4777
  • 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 Ridge
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Schools

  • Elementary School: Desert Trails Elementary School
  • High School: Pinnacle High School
  • Middle Or Junior School: Explorer Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7236.0
  • Parcel #: 212-50-098
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Annual Amount: 3087.0
  • Tax Book Number: 212.00
  • Tax Lot: 98
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2016
Sold by
Smiley Norine
Bought by
Smiley Norine and The Norine Smiley Family Trust
Current Estimated Value
$848,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$159,577
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$688,498

Purchase Details

Listed on
Aug 13, 2015
Closed on
Oct 14, 2015
Sold by
Smiley Norine
Bought by
Smiley Norine
Seller's Agent
Mary Ann Petratis
RE/MAX Fine Properties
Buyer's Agent
Annie Cole
Compass
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%

Purchase Details

Listed on
Aug 13, 2015
Closed on
Aug 12, 2015
Sold by
Lukezic Richard A
Bought by
Smiley Norine
Seller's Agent
Mary Ann Petratis
RE/MAX Fine Properties
Buyer's Agent
Annie Cole
Compass
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2012
Sold by
D R Horton Inc Dietz Crane
Bought by
Lukezic Richard A and Lukezic Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,228
Interest Rate
2.75%
Mortgage Type
New Conventional
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
Smiley Norine -- Accommodation
Smiley Norine -- Great American Title Agency
Smiley Norine -- Accommodation
Smiley Norine $450,000 First American Title Ins Co
Lukezic Richard A $403,587 Dhi Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smiley Norine $200,000
Previous Owner Smiley Norine $202,000
Previous Owner Lukezic Richard A $363,228
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2015 09/28/15 Sold $450,000 -5.3% $209 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $475,000 -- $220 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $4,273 $47,687 -- --
2024 $4,047 $45,416 -- --
2023 $4,047 $58,660 $11,730 $46,930
2022 $4,001 $45,520 $9,100 $36,420
2021 $4,014 $42,280 $8,450 $33,830
2020 $3,872 $40,170 $8,030 $32,140
2019 $3,877 $38,270 $7,650 $30,620
2018 $3,731 $37,570 $7,510 $30,060
2017 $3,551 $37,350 $7,470 $29,880
2016 $3,482 $37,870 $7,570 $30,300
2015 $3,227 $37,330 $7,460 $29,870
Source: Public Records

Agents Affiliated with this Home

  • Mary Ann Petratis

    Seller's Agent in 2015

    Mary Ann Petratis

    RE/MAX

    (480) 392-8363

    4 in this area

    72 Total Sales

    Mary Ann Petratis
    Section Image
  • David Tucker

    Seller Co-Listing Agent in 2015

    David Tucker

    RE/MAX

    (602) 762-7653

    55 in this area

    203 Total Sales

    David Tucker
    Section Image
  • Annie Cole

    Buyer's Agent in 2015

    Annie Cole

    Compass

    (602) 571-8110

    1 in this area

    33 Total Sales

    Annie Cole
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5320341

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-50-098

Arizona Maricopa County Phoenix 85050 Desert Ridge

4031 E Walter Way, Phoenix, AZ

Not Listed for Sale

Detached

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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