$507,000 - $534,000
RENTED OCT 20, 2024

4037 E Melinda Ln Phoenix, AZ 85050

Desert Ridge Neighborhood
3 Beds
3 Baths
1,449 Sq Ft
$359 Price per Sq Ft

Last Sold August 09, 2024

Last sale price $500,000 $345 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,047/month

About This Home

As of August 2024

Welcome long term or short term rental!
Discover this beautifully maintained home situated in a sought-after area with top-rated schools. Enjoy peace of mind with a Ring camera system and a landlord who takes care of all HOA fees, SOLAR PANELS and backyard maintenance.

This property features FRESH paint throughout, a NEWLY remodeled kitchen, and included washer and dryer for your convenience. Benefit from energy savings with the OWNED SOLAR PANELS, and enjoy the added comfort of insulated garages.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2025
Sold by
Encinal 2620 Llc
Bought by
4037 Melinda Llc
Current Estimated Value
$520,466

Purchase Details

Listed on
May 15, 2024
Closed on
Aug 9, 2024
Sold by
Orton Taylor S
Bought by
Encinal 2620 Llc
Seller's Agent
Deepak Verma
Advanta Living Real Estate
Buyer's Agent
Kelli Grant
Long Realty Jasper Associates
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%

Purchase Details

Listed on
Jan 2, 2019
Closed on
May 2, 2019
Sold by
Wisniewska Grazyna
Bought by
Orton Taylor S
Seller's Agent
Maria Frys
Realty ONE Group
Buyer's Agent
Deepak Verma
Advanta Living Real Estate
List Price
$298,000
Sold Price
$288,000
Premium/Discount to List
-$10,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%
Original Mortgage
$288,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 2, 2015
Closed on
Aug 6, 2015
Sold by
Toliver Michael
Bought by
Wisniewska Grazyna
Seller's Agent
Donna Brandsey
Management Masters, Inc.
Buyer's Agent
Maria Frys
Realty ONE Group
List Price
$234,400
Sold Price
$233,900
Premium/Discount to List
-$500
-0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$229,662
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2004
Sold by
Peacock Bryan W and Peacock Katherine L
Bought by
Toliver Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 1999
Sold by
Key Construction Inc
Bought by
Peacock Bryan W and Peacock Katherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,833
Interest Rate
6.94%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
4037 Melinda Llc -- None Listed On Document
Encinal 2620 Llc $500,000 Pioneer Title Agency
Orton Taylor S $288,000 Chicago Title Agency
Wisniewska Grazyna $233,900 Driggs Title Agency Inc
Toliver Michael $200,000 Security Title Agency
Peacock Bryan W $134,190 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orton Taylor S $283,000
Previous Owner Orton Taylor S $288,000
Previous Owner Wisniewska Grazyna $229,662
Previous Owner Toliver Michael $180,000
Previous Owner Peacock Bryan W $135,518
Previous Owner Peacock Bryan W $136,833
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2024 10/20/24 Rented $2,500 0.0% --
10/05/2024 10/05/24 For Rent $2,500 0.0% --
08/09/2024 08/09/24 Sold $500,000 0.0% $345 / Sq Ft
06/23/2024 06/23/24 Price Changed $500,000 -2.0% $345 / Sq Ft
06/12/2024 06/12/24 Price Changed $510,000 -4.4% $352 / Sq Ft
05/30/2024 05/30/24 Price Changed $533,500 -3.0% $368 / Sq Ft
05/17/2024 05/17/24 For Sale $550,000 +91.0% $380 / Sq Ft
05/17/2019 05/17/19 Sold $288,000 -2.4% $199 / Sq Ft
03/30/2019 03/30/19 Price Changed $295,000 -1.0% $204 / Sq Ft
01/02/2019 01/02/19 For Sale $298,000 +27.4% $206 / Sq Ft
08/10/2015 08/10/15 Sold $233,900 -0.2% $161 / Sq Ft
07/01/2015 07/01/15 For Sale $234,400 0.0% $162 / Sq Ft
01/31/2013 01/31/13 Rented $1,295 0.0% --
01/17/2013 01/17/13 Under Contract -- -- --
01/10/2013 01/10/13 For Rent $1,295 -- --

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 $1,640 $20,900 -- --
2024 $1,723 $19,905 -- --
2023 $1,723 $33,680 $6,730 $26,950
2022 $1,707 $26,120 $5,220 $20,900
2021 $1,735 $24,020 $4,800 $19,220
2020 $1,676 $21,920 $4,380 $17,540
2019 $1,683 $20,500 $4,100 $16,400
2018 $1,622 $19,220 $3,840 $15,380
2017 $1,549 $17,970 $3,590 $14,380
2016 $1,525 $16,710 $3,340 $13,370
2015 $1,657 $15,020 $3,000 $12,020
Source: Public Records

Agents Affiliated with this Home

  • Deepak Verma

    Seller's Agent in 2024

    Deepak Verma

    Advanta Living Real Estate

    (602) 295-0810

    5 in this area

    42 Total Sales

    Deepak Verma
    Section Image

  • F

    Seller's Agent in 2024

    Fiona Bigbee

    Coldwell Banker Realty

    (419) 819-5850

    5 Total Sales

    Fiona Bigbee
    Section Image
  • Kelli Grant

    Buyer's Agent in 2024

    Kelli Grant

    Long Realty Jasper Associates

    (480) 779-9656

    3 in this area

    93 Total Sales

    Kelli Grant
    Section Image

  • M

    Buyer Co-Listing Agent in 2024

    Melissa Howe

    Long Realty Jasper Associates

    (602) 510-3777

    5 in this area

    84 Total Sales

    Melissa Howe
    Section Image
  • Maria Frys

    Seller's Agent in 2019

    Maria Frys

    Realty One Group

    (480) 540-9874

    32 Total Sales

    Maria Frys
    Section Image
  • Donna Brandsey

    Seller's Agent in 2015

    Donna Brandsey

    Management Masters, Inc.

    Section Image
See All Agents

Map

Arizona Maricopa County Phoenix 85050 Desert Ridge

4037 E Melinda Ln, Phoenix, AZ

This home is located at 4037 E Melinda Ln, Phoenix, AZ 85050 and is currently estimated at $520,466, approximately $359 per square foot. 4037 E Melinda Ln is a home located in Maricopa County with nearby schools including Desert Trails Elementary School, Explorer Middle School, and Pinnacle High School.

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.

Nearby Homes