NOT LISTED FOR SALE

40408 W Novak Ln Maricopa, AZ 85138

Estimated Value: $383,000 - $396,000

4 Beds
3 Baths
2,529 Sq Ft
$154/Sq Ft Est. Value

Last Sold February 24, 2016

Last sale price $171,000 $68 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,298/month

46 Days on Market

Highlights

  • Vaulted Ceiling
  • Private Yard
  • Balcony
  • Hydromassage or Jetted Bathtub
  • Covered Patio or Porch
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of February 2016

Come home to your very own CASTLE every day!! 4 bedroom/3 full bath + LOFT & BALCONY (watch the gorgeous sunsets!) Interior features all tile floors downstairs, plantation SHUTTERS, brand new SOFT WATER system, upstairs laundry, fresh 2 tone paint, spacious living/dining areas! Entertaining kitchen features huge island, r/o sys, refrigerator, stainless steel appliances and eat-in area. Downstairs bedroom comes with a FULL bathroom. The loft upstairs has access to balcony, the over-sized master bedroom has space for sitting area, walk-in closet and master bath with JETTED TUB, double sinks, and separate shower. This NORTH/SOUTH facing home has a backyard that is very serene with easy care desert landscape and extended covered patio to enjoy it from. Don't miss this opportunity!!! Thanks!

Last Agent to Sell the Property

Lisa Buhr

HomeSmart License #SA552508000 Listed on: 11/20/2015

HomeSmart

Last Buyer's Agent

Crina Crowley

Homeview Realty, LLC License #BR527472000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,327

Year Built

  • Built in 2007

Lot Details

  • 5,993 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front Yard Sprinklers
  • Private Yard

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,529 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Maricopa Elementary School
  • Maricopa High School

Utilities

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

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 512-49-250

Community Details

Overview

  • Property has a Home Owners Association
  • Aam Llc Association, Phone Number (602) 674-4348
  • Built by D R Horton Inc
  • Homestead North Parcel 25 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,327

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Smith Enke / DR Horton Dr.
  • Legal Info Range: 03E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 55.17
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2007
  • Tax Year: 2015
  • Directions: Hwy 347, East on Smith-Enke, Right(South) on D.R. Horton Dr. Left on Hopper, Right on Novak
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.14
  • Subdivision Name: HOMESTEAD NORTH PARCEL 25
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 55.17
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Breakfast Bar, Drink Wtr Filter Sys, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 2529.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: AAM LLC
  • Phone: 602-674-4348
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 410.34
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: AAM LLC
  • Association Fees:HOA Telephone4: 602-674-4348
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Maricopa Elementary School
  • High School: Maricopa High School
  • Middle Or Junior School: Maricopa Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5993.0
  • Parcel #: 512-49-250
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: D R Horton Inc

Tax Info

  • Tax Annual Amount: 2327.0
  • Tax Book Number: 512.00
  • Tax Lot: 115
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2015
Closed on
Feb 22, 2016
Sold by
Alley Thomas L
Bought by
Villalobos Eduardo
Seller's Agent
Lisa Buhr
HomeSmart
Buyer's Agent
Crina Crowley
Homeview Realty, LLC
List Price
$179,900
Sold Price
$171,000
Premium/Discount to List
-$8,900
-4.95%
Current Estimated Value
$388,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,765
Avg. Annual Appreciation
9.04%
Original Mortgage
$167,902
Outstanding Balance
$136,664
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$253,795

Purchase Details

Closed on
Jul 31, 2012
Sold by
Vega Rhea
Bought by
Alley Thomas L

Purchase Details

Closed on
May 27, 2008
Sold by
Continental Homes Inc
Bought by
Vega Rhea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,321
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2008
Sold by
Vega Jose
Bought by
Vega Rhea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,321
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Villalobos Eduardo $171,000 Driggs Title Agency Inc
Alley Thomas L -- Driggs Title Agency Inc
Alley Thomas L $113,000 None Available
Vega Rhea $188,475 Dhi Title Of Arizona Inc
Continental Homes Inc -- Dhi Title Of Arizona Inc
Vega Rhea -- Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villalobos Eduardo $27,500
Open Villalobos Eduardo $167,902
Previous Owner Vega Rhea $192,321
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2016 02/24/16 Sold $171,000 -4.9% $68 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $179,900 0.0% $71 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
11/20/2015 11/20/15 For Sale $179,900 -- $71 / 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 $2,355 $31,236 -- --
2024 $2,228 $37,769 -- --
2023 $2,294 $26,836 $0 $0
2022 $2,228 $21,214 $1,830 $19,384
2021 $2,127 $19,534 $0 $0
2020 $2,030 $17,164 $0 $0
2019 $1,953 $15,315 $0 $0
2018 $1,926 $14,308 $0 $0
2017 $1,835 $14,468 $0 $0
2016 $1,652 $14,763 $1,250 $13,513
2014 $1,578 $10,153 $1,000 $9,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5364996

Arizona Regional Multiple Listing Service (ARMLS)

APN: 512-49-250