48031 N 7th Ave New River, AZ 85087
3
Beds
2.5
Baths
2,321
Sq Ft
1.25
Acres
Highlights
- Horses Allowed On Property
- Mountain View
- Granite Countertops
- New River Elementary School Rated A-
- Santa Fe Architecture
- No HOA
About This Home
As of January 2025Sante Fe Style Home with Mountain and Desert Views in New River, Arizona. This thoughtfully designed 3-bedroom plus office residence offers an inviting open floor plan. Nestled on a 1.25-acre lot, this property has views of the surrounding mountains and desert.
As you step inside, you'll be greeted by natural light that highlights the living areas. The recently installed new shutters throughout the house allow you to control the amount of sunlight. The kitchen flows effortlessly into the dining room and family room.
Outside, the 1.254 acre lot presents endless possibilities, including the potential to create your own horse property. The property is complemented by a 4-car garage.
Last Agent to Sell the Property
The Virtual Realty Group License #SA669395000 Listed on: 09/02/2024
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,781
Year Built
- Built in 2006
Lot Details
- 1.25 Acre Lot
- Desert faces the front and back of the property
Parking
- 4 Car Garage
Home Design
- Santa Fe Architecture
- Wood Frame Construction
- Built-Up Roof
- Stucco
Interior Spaces
- 2,321 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Gas Fireplace
- Mountain Views
- Washer and Dryer Hookup
Kitchen
- Breakfast Bar
- Granite Countertops
Flooring
- Floors Updated in 2021
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Remodeled Bathroom
- 2.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Schools
- New River Elementary School
- Desert Mountain Middle School
- Boulder Creek High School
Utilities
- Central Air
- Heating Available
- Shared Well
- Septic Tank
Additional Features
- No Interior Steps
- Horses Allowed On Property
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by ingram custom homes
- Metes And Bounds Subdivision
Listing and Financial Details
- Assessor Parcel Number 202-08-006-M
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2024
Closed on
Jan 7, 2025
Sold by
Stegen Mary L
Bought by
Lawrence Phillip Carnicelli Living Trust and Carnicelli
Seller's Agent
Alixandra Rankin
The Virtual Realty Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$725,000
Sold Price
$650,000
Premium/Discount to List
-$75,000
-10.34%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51
Avg. Annual Appreciation
1.11%
Purchase Details
Closed on
Jun 20, 2007
Sold by
Sparrow Ronald and Sparrow Janet
Bought by
Stegen Kenneth and Stegen Mary L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,800
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 19, 2005
Sold by
Ingram Custom Homes Inc
Bought by
Sparrow Ronald and Sparrow Janet
Similar Homes in New River, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | Lawyers Title Of Arizona | |
| Warranty Deed | $439,000 | American Title Service Agenc | |
| Cash Sale Deed | $128,500 | Security Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $267,000 | Credit Line Revolving | |
| Previous Owner | $344,000 | New Conventional | |
| Previous Owner | $372,680 | New Conventional | |
| Previous Owner | $388,000 | Unknown | |
| Previous Owner | $20,500 | Unknown | |
| Previous Owner | $87,800 | Credit Line Revolving | |
| Previous Owner | $351,200 | New Conventional | |
| Previous Owner | $127,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/13/2025 01/13/25 | Sold | $650,000 | -5.1% | $280 / Sq Ft |
| 10/05/2024 10/05/24 | Price Changed | $685,000 | -5.5% | $295 / Sq Ft |
| 09/02/2024 09/02/24 | For Sale | $725,000 | -- | $312 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,938 | $28,665 | -- | -- |
| 2024 | $2,781 | $27,300 | -- | -- |
| 2023 | $2,781 | $45,120 | $9,020 | $36,100 |
| 2022 | $2,673 | $36,300 | $7,260 | $29,040 |
| 2021 | $2,759 | $32,460 | $6,490 | $25,970 |
| 2020 | $2,699 | $31,280 | $6,250 | $25,030 |
| 2019 | $2,611 | $30,150 | $6,030 | $24,120 |
| 2018 | $2,517 | $27,670 | $5,530 | $22,140 |
| 2017 | $2,470 | $24,800 | $4,960 | $19,840 |
| 2016 | $2,225 | $25,430 | $5,080 | $20,350 |
| 2015 | $2,074 | $19,360 | $3,870 | $15,490 |
Source: Public Records
Agents Affiliated with this Home
-
Alixandra Rankin
Seller's Agent in 2025
Alixandra Rankin
The Virtual Realty Group
(623) 764-0558
1 in this area
3 Total Sales
-
N
Buyer's Agent in 2025
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6744689
APN: 202-08-006M
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.
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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