NOT LISTED FOR SALE

Estimated Value: $705,000 - $843,000

4 Beds
2 Baths
2,134 Sq Ft
$357/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $500,000 $234 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,207/month

Highlights

  • Private Pool
  • RV Gated
  • 1 Fireplace
  • Sequoya Elementary School Rated A
  • 0.32 Acre Lot
  • Granite Countertops

About This Home

As of August 2023

This Beautifully Remodeled Home is in a near Perfect spot! Just north of Paradise Valley, West of Tatum & Shea Shopping & Dining, 10 mins to Scottsdale Quarter/Kierland, 20 or mins from both Phoenix Intl & Scottsdale Airports and so much more. Freshly Painted Exterior and Interior with New Stainless Steel Appliances, Washer/Dryer, Kitchen Cabinets, Flooring Baseboards, Doors, fans, two decorative accent walls, Family Room, Dining, Flex/Billiards/Game/Lounge/Office/Den, Large Covered Patio, Large Pool, N/S Exposure, RV Gate, Separate Exterior Storage, Walk-in Closet, 4 Beds, 2 Baths - - GREAT CREDIT & BACKGROUND a MUST - $42/per adult occupant - AAR Application for Occupancy (AFO) - Pets TBD - Pool Service Included - Tree/Palm trimming as as needed/routine Landscaping & Pest control Tenant responsibility. Thank you for your interest!

Last Agent to Rent the Property

Zoee Tsighis

Compass License #SA566208000 Listed on: 06/16/2023

Compass

Last Renter's Agent

Zoee Tsighis

NORTH&CO. License #SA566208000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,144

Year Built

  • Built in 1972

Lot Details

  • 0.32 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • RV Gated

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,134 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Cavalier Estates Unit 8 Subdivision

Listing and Financial Details

  • Property Available on 6/16/23
  • $150 Move-In Fee
  • Rent includes pool service - full
  • 12-Month Minimum Lease Term
  • Tax Lot 498
  • Assessor Parcel Number 167-70-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,144

Year Built

Built in 1972

Lot Details

0

Parking

2

Rental Info

  • Rent Includes: Pool Service - Full
  • Available Date: 2023-06-16

Listing Details

  • Cross Street: SHEA BLVD & 40th STREET
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1972
  • Non Assistive Animals: Lessor Approval
  • Initial Move In Costs Admin Fee: 150.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: North on 40th Street, East/right on Becker, Immediate North/left on 40th Street, East/right on Mercer to 4039 E Mercer Lane
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.32
  • Subdivision Name: CAVALIER ESTATES UNIT 8
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Roofing:Composition: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop, Gas Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 2134.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, Direct Access, RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks), Dryer Included, Inside, Stacked Washer/Dryer, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

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

  • Lot Size Sq Ft: 13905.0
  • Parcel #: 167-70-034

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 167.00
  • Tax Lot: 498
  • Tax Map Number: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 8, 2021
Sold by
Newhouse Scott and Newhouse Desiree
Bought by
Wyatt Stephen H
Seller's Agent
Zoee Tsighis
Compass
Buyer's Agent
Zoee Tsighis
Compass
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$762,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,733
Avg. Annual Appreciation
9.40%
Original Mortgage
$270,000
Outstanding Balance
$242,036
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$520,697

Purchase Details

Listed on
Apr 19, 2012
Closed on
May 22, 2012
Sold by
Arizona Community Ventures Llc
Bought by
Newhouse Scott and Newhouse Desiree
Seller's Agent
Amy Mirata
HomeSmart
Buyer's Agent
Zoee Tsighis
Compass
List Price
$289,900
Sold Price
$292,000
Premium/Discount to List
$2,100
0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$284,747
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2012
Sold by
Carrel William Kenneth
Bought by
Arizona Community Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
3.92%
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
Wyatt Stephen H $500,000 Equity Title Agency Inc
Newhouse Scott $292,000 Fidelity Natl Title Agency I
Arizona Community Ventures Llc $156,000 Fidelity Natl Title Agency I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wyatt Stephen H $270,000
Previous Owner Newhouse Scott $284,747
Previous Owner Arizona Community Ventures Llc $124,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Rented $4,250 0.0% --
06/25/2023 06/25/23 Under Contract -- -- --
06/17/2023 06/17/23 For Rent $4,250 0.0% --
01/12/2021 01/12/21 Sold $500,000 0.0% $234 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $500,000 +71.2% $234 / Sq Ft
05/24/2012 05/24/12 Sold $292,000 -2.7% $131 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
04/23/2012 04/23/12 Price Changed $300,000 +3.5% $135 / Sq Ft
04/19/2012 04/19/12 For Sale $289,900 -- $130 / 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 $2,144 $31,532 -- --
2024 $2,079 $30,030 -- --
2023 $2,079 $48,680 $9,730 $38,950
2022 $2,003 $36,960 $7,390 $29,570
2021 $2,105 $36,280 $7,250 $29,030
2020 $2,072 $33,760 $6,750 $27,010
2019 $2,002 $30,520 $6,100 $24,420
2018 $1,938 $28,200 $5,640 $22,560
2017 $1,839 $28,100 $5,620 $22,480
2016 $1,789 $26,050 $5,210 $20,840
2015 $1,645 $24,850 $4,970 $19,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6570093

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-70-034