NOT LISTED FOR SALE

Estimated Value: $499,112 - $533,000

2 Beds
2 Baths
1,454 Sq Ft
$357/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $350,000 $241 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,312/month

9 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Spanish Architecture
  • Desert Willow Elementary School Rated A-
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of October 2020

Welcome to your new home in gated Tatum Ranch within the quiet and beautiful town of Cave Creek! This patio home has a well laid out 2 bed/2 bath floorplan. Recent upgrades include beautiful granite countertops in kitchen and baths, stainless steel appliances in the kitchen and a full roof replacement in 2019. The gated community amenities to include heated pool, tennis courts and large common areas. All of this and within 10 minutes of shopping and restaurants at Desert Ridge.

Last Agent to Sell the Property

Sean McCarthy

1912 Realty License #SA665615000 Listed on: 08/26/2020

Last Buyer's Agent

Michael Williamson

Russ Lyon Sotheby's International Realty License #SA548507000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,582

Year Built

  • Built in 1995

Lot Details

  • 3,784 Sq Ft Lot
  • 1 Common Wall
  • Desert faces the front and back of the property

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,454 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Desert Willow Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered patio or porch

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 211-41-182

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint
  • Tatum Ranch Association, Phone Number (623) 877-1396
  • Tatum Ranch Communit Association, Phone Number (480) 473-1763
  • Association Phone (480) 473-1763
  • Tatum Ranch Parcel 24A Subdivision
  • FHA/VA Approved Complex

Recreation

  • Golf Course Community
  • Tennis Courts
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,582

Year Built

Built in 1995

Lot Details

0

HOA Fees

$276 per month

Parking

2

Listing Details

  • Cross Street: Tatum & Cave Creek
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2 Name: Tatum Ranch Communit
  • HOA #2 Phone Number: 480-473-1763
  • HOA #2 Transfer Fee: 100.0
  • 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: 276.25
  • 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: 1995
  • Tax Year: 2019
  • Directions: East on Tatum from Cave Creek, Left (NE) on Morning Vista Ln, L (NW) on N 47th St, R (NE) On Casey Ln. Property will be on your right.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: TATUM RANCH PARCEL 24A
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 250.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 1454.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Golf, Tennis Court(s), Biking/Walking Path
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association #2 Fee: 78.75
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Tatum Ranch Communit
  • Association Name: Tatum Ranch
  • Association Phone #2: 480-473-1763
  • Phone: 623-877-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Tatum Ranch
  • Association Fees:HOA Telephone4: 623-877-1396
  • 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: Quarterly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fees:PAD Paid (Freq)2: Quarterly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Front Yard Maint

Schools

  • Elementary School: Desert Willow Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3784.0
  • Parcel #: 211-41-182
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 1582.0
  • Tax Book Number: 211.00
  • Tax Lot: 36
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 1, 2020
Sold by
Chang Fox Chi Hui
Bought by
Lewis Sarah L and Lewis Marvin R
Seller's Agent
Sean McCarthy
1912 Realty
Buyer's Agent
Michael Williamson
Russ Lyon Sotheby's International Realty
List Price
$350,000
Sold Price
$350,000
Total Days on Market
9
Current Estimated Value
$519,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,278
Avg. Annual Appreciation
8.83%
Original Mortgage
$280,000
Outstanding Balance
$251,843
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$267,435

Purchase Details

Listed on
Jul 12, 2018
Closed on
Aug 2, 2018
Sold by
Covelli Nicholas J and Covelli Joy A
Bought by
Chang Fox Chi Hui
Seller's Agent
Sonia Montgomery
HomeSmart
Buyer's Agent
Tanya Giles
HomeSmart
List Price
$329,900
Sold Price
$323,000
Premium/Discount to List
-$6,900
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$223,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2007
Sold by
Covelli Nicholas J and Covelli Joy A
Bought by
Nicholas J Covelli Sr Revocable Trust and Joy A Covelli Revocable Trust

Purchase Details

Closed on
Feb 18, 2000
Sold by
Rebollo Robert G and Rebollo Joanne H
Bought by
Covelli Nicholas J and Covelli Joy A

Purchase Details

Closed on
Aug 1, 1995
Sold by
Rebollo Robert G
Bought by
Rebollo Joanne H

Purchase Details

Closed on
Jul 12, 1995
Sold by
Walker Wendy
Bought by
Rebollo Robert G and Rebollo Joanne H
Source: Public Records

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Range of Values:

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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
Lewis Sarah L $350,000 Arizona Premier Title
Chang Fox Chi Hui $323,000 Fidelity National Title Agen
Nicholas J Covelli Sr Revocable Trust -- None Available
Covelli Nicholas J $160,000 First American Title
Rebollo Joanne H -- United Title Agency
Rebollo Robert G -- United Title Agency
Walker Wendy -- United Title Agency
Rebollo Joanne H $134,018 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Sarah L $280,000
Previous Owner Chang Fox Chi Hui $223,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $350,000 0.0% $241 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $350,000 +8.4% $241 / Sq Ft
08/13/2018 08/13/18 Sold $323,000 -2.1% $222 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $329,900 0.0% $227 / Sq Ft
10/05/2015 10/05/15 Rented $1 -99.9% --
10/04/2015 10/04/15 Under Contract -- -- --
10/01/2015 10/01/15 For Rent $1,495 +7.2% --
07/23/2012 07/23/12 Rented $1,395 0.0% --
06/24/2012 06/24/12 Under Contract -- -- --
05/24/2012 05/24/12 For Rent $1,395 -- --
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 $1,450 $29,332 -- --
2024 $1,842 $27,936 -- --
2023 $1,842 $32,630 $6,520 $26,110
2022 $1,794 $26,770 $5,350 $21,420
2021 $1,884 $26,570 $5,310 $21,260
2020 $1,640 $24,960 $4,990 $19,970
2019 $1,582 $22,730 $4,540 $18,190
2018 $1,714 $21,670 $4,330 $17,340
2017 $1,656 $20,380 $4,070 $16,310
2016 $1,633 $19,610 $3,920 $15,690
2015 $1,665 $18,570 $3,710 $14,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6122406

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-41-182