NOT LISTED FOR SALE

Estimated Value: $419,184 - $440,000

3 Beds
2.5 Baths
1,780 Sq Ft
$243/Sq Ft Est. Value

Last Sold March 20, 2013

Last sale price $160,000 $90 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,427/month

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Solar Screens
  • Eagle Ridge Elementary School Rated A-
  • Covered Patio or Porch
  • Ceiling Fan

About This Home

As of June 2013

WHAT A GEM, 3 BEDROOM 2.5 BATHS WITH VAULTED CEILINGS. LIGHT AND BRIGHT, USE THE FIREPLACE ON THOSE CHILLY ARIZONA NIGHTS. POOL IN THE BACK YARD THAT IS GREAT FOR ENTERTAINING. THIS IS A MUST SHOW! Renter/ Realtor to verify listing, including but not limited to appliances. If pets are approved there will be an additional fee of $20 per pet per month and/or $150 Ref. Pet deposit per pet. *Local taxes and fees may apply.

Last Agent to Rent the Property

Christie Oldham

Entrust Realty License #BR635618000 Listed on: 05/15/2013

Last Renter's Agent

Christie Oldham

Entrust Realty License #BR635618000 Listed on: 05/15/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,727

Year Built

  • Built in 1985

Lot Details

  • 4,065 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,780 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens
  • Living Room with Fireplace
  • Carpet
  • Built-In Microwave

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer Hookup

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Eagle Ridge Elementary School
  • Mountain Trail Middle School
  • North Canyon High School

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Merit Estates Association, Phone Number (480) 759-4945
  • Built by Uknown
  • Merit Estates Mcr 265 8 Subdivision

Listing and Financial Details

  • Property Available on 5/15/13
  • 12-Month Minimum Lease Term
  • Tax Lot 51
  • Assessor Parcel Number 209-24-241

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,727

Year Built

Built in 1985

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2013-05-15

Listing Details

  • Cross Street: 7TH STREET & UNION HILLS
  • Legal Info Range: 3E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1985
  • Rental Info H O A Name: Merit Estates
  • Lease Term Minimum Lease Term Months: 12
  • Directions: NORTH ON 7TH STREET, WEST ON UTOPIA TO HOME ON THE LEFT
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: MERIT ESTATES MCR 265-8
  • Efficiency: Load Controller
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Inside: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Other, Carpet
  • Basement YN: No
  • Furnished: Unfurnished
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1780.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Painted, 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
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Washer Hookup, Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: Merit Estates
  • Phone: 480-759-4945
  • Association: Yes

Schools

  • Elementary School: Eagle Ridge Elementary School
  • High School: North Canyon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Mountain Trail Middle School

Lot Info

  • Lot Size Sq Ft: 4065.0
  • Parcel #: 209-24-241
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Uknown

Tax Info

  • Tax Book Number: 209.00
  • Tax Lot: 51
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2018
Sold by
Progress Residential Borrower 5 Llc
Bought by
Progress Residential Borrower 5 Llc
Current Estimated Value
$432,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,318,800
Outstanding Balance
$91,017,916
Interest Rate
4.5%
Mortgage Type
Loan Amount Between One & Nine Billion
Estimated Equity
-$90,589,026

Purchase Details

Listed on
Feb 12, 2013
Closed on
Mar 13, 2013
Sold by
The Bank Of New York Mellon
Bought by
Freo Arizona Llc
Seller's Agent
Kim Panozzo
HomeSmart
Buyer's Agent
Brian Bair
OfferPad Brokerage, LLC
List Price
$154,500
Sold Price
$160,000
Premium/Discount to List
$5,500
3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
Dec 5, 2012
Sold by
Peters Melanie A
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 28, 2001
Sold by
Freeman Barton C and Freeman Theresa E
Bought by
Peters Melanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,105
Interest Rate
6.97%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 1995
Sold by
Wendelboe Necolai K and Wendelboe Nita L
Bought by
Freeman Barton C and Freeman Theresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,198
Interest Rate
7.62%
Mortgage Type
FHA
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
Progress Residential Borrower 5 Llc -- Os National Llc
Freo Arizona Llc -- Service Link
The Bank Of New York Mellon $157,500 None Available
Peters Melanie A $136,000 Old Republic Title Agency
Freeman Barton C $103,200 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 5 Llc $103,318,800
Closed Progress Residential 2016-1 Borrower Llc $876,093
Previous Owner Peters Melanie A $220,000
Previous Owner Peters Melanie A $134,105
Previous Owner Freeman Barton C $102,198
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Rented $1,200 0.0% --
05/20/2013 05/20/13 Under Contract -- -- --
05/15/2013 05/15/13 For Rent $1,200 0.0% --
03/20/2013 03/20/13 Sold $160,000 +3.6% $90 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $154,500 -- $87 / 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 $1,727 $17,346 -- --
2024 $1,691 $16,520 -- --
2023 $1,691 $30,310 $6,060 $24,250
2022 $1,673 $23,480 $4,690 $18,790
2021 $1,679 $21,610 $4,320 $17,290
2020 $1,627 $20,160 $4,030 $16,130
2019 $1,629 $20,070 $4,010 $16,060
2018 $1,575 $18,610 $3,720 $14,890
2017 $1,510 $15,370 $3,070 $12,300
2016 $1,485 $14,910 $2,980 $11,930
2015 $1,375 $14,780 $2,950 $11,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4936769

Arizona Regional Multiple Listing Service (ARMLS)

APN: 209-24-241