NOT LISTED FOR SALE

40387 N Orkney Way San Tan Valley, AZ 85140

Estimated Value: $350,000 - $356,072

3 Beds
2 Baths
1,422 Sq Ft
$248/Sq Ft Est. Value

Last Sold September 28, 2016

Last sale price $150,000 $105 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,983/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Eat-In Kitchen
  • No Interior Steps
  • Covered Patio or Porch
  • Double Pane Windows
  • Tile Flooring

About This Home

As of September 2016

This is your chance to own in the desirable community of Castlegate in the beautiful San Tan Valley. This 3 bedroom 2 bath home with its open floor plan and split bedrooms (to see the floor plan click on the documents section) sits on a large lot (8516 sqft) with plenty of room for a pool. Be sure to check out the neighboring parks, playgrounds, walking trails as well as San Tan Mountain Regional Park. The back yard has never been touched and the sales price reflects this. That is why it is currently the best value in Castlegate and probably won’t last long.

Last Agent to Sell the Property

Ron Urban

AZ Brokerage Holdings, LLC License #BR520022000 Listed on: 08/28/2016

Last Buyer's Agent

Kenny Klaus

Real Broker License #SA515503000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $871

Year Built

  • Built in 2006

Lot Details

  • 8,516 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,422 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Security System Leased

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

  • Kathryn Sue Simonton Elementary School
  • J. O. Combs Middle School
  • Combs High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Community Details

  • Association fees include ground maintenance
  • Oasis Management Association, Phone Number (623) 241-7373
  • Built by Providence
  • Castlegate Parcel 3 Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Tax Lot 118
  • Assessor Parcel Number 109-30-225

Home Details

Home Type

Single Family

Est. Annual Taxes

$871

Year Built

Built in 2006

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Cross Street: Ironwood and Ocotillo
  • Legal Info Range: 08E
  • 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: 56.0
  • 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: 2006
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: CASTLEGATE PARCEL 3
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 56.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1422.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Front, Desert Front, Dirt Back, Auto Timer H2O Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: 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, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Leased
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks)
  • Association Fee: 56.0
  • Association Fee Frequency: Monthly
  • Association Name: Caslegate HOA
  • Phone: 623-241-7373
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 177.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Caslegate HOA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 250.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Oasis Management
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Kathryn Sue Simonton Elementary
  • High School: Combs High School
  • Junior High Dist: J. O. Combs Unified School District
  • Middle Or Junior School: J. O. Combs Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8516.0
  • Parcel #: 109-30-225
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Providence

Tax Info

  • Tax Annual Amount: 871.0
  • Tax Book Number: 109.00
  • Tax Lot: 118
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2016
Closed on
Sep 2, 2016
Sold by
Evans Bret D
Bought by
Madsen Olivia M
Seller's Agent
Ron Urban
AZ Brokerage Holdings, LLC
Buyer's Agent
Kenny Klaus
Real Broker
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Current Estimated Value
$352,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,518
Avg. Annual Appreciation
9.87%
Original Mortgage
$134,900
Outstanding Balance
$107,753
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$244,765

Purchase Details

Closed on
Mar 7, 2009
Sold by
Federal National Mortgage Association
Bought by
Evans Bret D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,836
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2008
Sold by
Brinson Nathan H and Brinson Kristen L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 27, 2006
Sold by
Providence Homes Inc
Bought by
Brinson Nathan H and Brinson Kristen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,884
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2006
Sold by
Providence Development Inc
Bought by
Providence Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,884
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
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
Madsen Olivia M $150,000 First American Title Ins Co
Evans Bret D $90,000 Lawyers Title Of Arizona Inc
Federal National Mortgage Association $179,767 First American Title
Brinson Nathan H $213,606 Security Title Agency Inc
Providence Homes Inc $186,905 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madsen Olivia M $134,900
Previous Owner Evans Bret D $91,836
Previous Owner Brinson Nathan H $170,884
Closed Brinson Nathan H $42,721
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2016 09/28/16 Sold $150,000 -3.2% $105 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/27/2016 08/27/16 For Sale $155,000 -- $109 / 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 $986 $30,982 -- --
2024 $991 $33,342 -- --
2023 $992 $25,967 $0 $0
2022 $991 $17,693 $5,110 $12,583
2021 $1,017 $16,551 $0 $0
2020 $1,010 $16,355 $0 $0
2019 $988 $15,074 $0 $0
2018 $938 $12,724 $0 $0
2017 $914 $11,306 $0 $0
2016 $805 $10,649 $1,800 $8,849
2014 $806 $6,972 $1,000 $5,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5489942

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-30-225