NOT LISTED FOR SALE

4040 E Melinda Ln Phoenix, AZ 85050

Desert Ridge Neighborhood

Estimated Value: $514,000 - $563,000

3 Beds
2.5 Baths
1,648 Sq Ft
$329/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $270,000 $164 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,080/month

38 Days on Market

Highlights

  • Spanish Architecture
  • Eat-In Kitchen
  • Heating Available
  • Desert Trails Elementary School Rated A
  • Patio
  • 1-Story Property

About This Home

As of November 2017

Gorgeous in Phoenix! Bright and Fresh!! 3 bedroom 2.5 bathroom 2 -story home in a quiet, highly sought after Desert Ridge neighborhood! Two car garage and fenced rear yard make this home complete! Minutes to everything that is Desert Ridge- Shopping,dining and entertainment! Why wait? Come and see it today!

Last Agent to Sell the Property

Randall Averitte

HomeSmart License #SA563665000 Listed on: 09/08/2017

HomeSmart

Last Buyer's Agent

Adela Lujan

HomeSmart License #SA561728000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,934

Year Built

  • Built in 1998

Lot Details

  • 2,680 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 1,648 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • Rossmar & Graham Association, Phone Number (480) 551-4300
  • Desert Ridge HOA, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Built by Trend Homes
  • Fiesta At Desert Ridge Replat Subdivision

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 212-40-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,934

Year Built

Built in 1998

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Cross Street: Tatum & Deer Valley
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2 Fee: 186.0
  • HOA #2 Name: Desert Ridge HOA
  • HOA #2 Phone Number: 480-551-4300
  • HOA #2 Transfer Fee: 400.0
  • 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: 85.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.06
  • Subdivision Name: FIESTA AT DESERT RIDGE REPLAT
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 324.0
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Pantry
  • Living Area: 1648.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association #2 Fee: 186.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee Frequency: Semi-Annually
  • Association: Desert Ridge HOA
  • Association Name: Rossmar & Graham
  • Association Phone #2: 480-551-4300
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Rossmar & Graham
  • Association Fees:HOA Telephone4: 480-551-4300
  • 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_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes

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: 2680.0
  • Parcel #: 212-40-057
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Trend Homes

Tax Info

  • Tax Annual Amount: 1934.0
  • Tax Book Number: 212.00
  • Tax Lot: 57
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Nov 17, 2017
Sold by
Trinitapoli Takeshi M
Bought by
Decker Xu Jena R and Xu Kazi Lun
Seller's Agent
Randall Averitte
HomeSmart
Buyer's Agent
Adela Lujan
HomeSmart
List Price
$309,000
Sold Price
$270,000
Premium/Discount to List
-$39,000
-12.62%
Current Estimated Value
$541,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,663
Avg. Annual Appreciation
9.62%
Original Mortgage
$220,000
Outstanding Balance
$186,095
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$369,649

Purchase Details

Closed on
Sep 26, 2008
Sold by
Trinitapoli Takeshi
Bought by
Trinitapoli Takeshi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 1999
Sold by
Key Construction Inc
Bought by
Trinitapoli Takeshi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,950
Interest Rate
6.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Decker Xu Jena R $275,000 American Title Service Agenc
Trinitapoli Takeshi M -- Magnus Title Agency
Trinitapoli Takeshi $126,632 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Decker Xu Jena R $220,000
Previous Owner Trinitapoli Takeshi M $176,000
Previous Owner Trinitapoli Takeshi $113,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2017 11/20/17 Sold $270,000 -6.6% $164 / Sq Ft
10/12/2017 10/12/17 Price Changed $289,000 -2.0% $175 / Sq Ft
09/19/2017 09/19/17 Price Changed $295,000 -4.5% $179 / Sq Ft
09/08/2017 09/08/17 For Sale $309,000 -- $188 / 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 $2,127 $22,594 -- --
2024 $2,202 $21,518 -- --
2023 $2,202 $36,270 $7,250 $29,020
2022 $2,180 $28,070 $5,610 $22,460
2021 $2,186 $25,850 $5,170 $20,680
2020 $1,812 $23,630 $4,720 $18,910
2019 $1,820 $22,130 $4,420 $17,710
2018 $1,754 $20,830 $4,160 $16,670
2017 $1,967 $19,500 $3,900 $15,600
2016 $1,934 $18,180 $3,630 $14,550
2015 $1,791 $16,330 $3,260 $13,070
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Randall Averitte

    HomeSmart

    (480) 226-7452

    15 Total Sales

    Randall Averitte
    Section Image
  • Adela Lujan

    Buyer's Agent in 2017

    Adela Lujan

    HomeSmart

    (602) 793-7007

    92 Total Sales

    Adela Lujan
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5657755

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-40-057

Arizona Maricopa County Phoenix 85050 Desert Ridge

4040 E Melinda Ln, Phoenix, AZ

This home is located at 4040 E Melinda Ln, Phoenix, AZ 85050 since 08 September 2017 and is currently estimated at $541,663, approximately $328 per square foot. This property was built in 1998. 4040 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.

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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