NOT LISTED FOR SALE

48824 N Lantern Light Ct New River, AZ 85087

Estimated Value: $487,000 - $515,000

3 Beds
2 Baths
1,320 Sq Ft
$378/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $250,000 $189 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,959/month

49 Days on Market

Highlights

  • Horses Allowed On Property
  • Vaulted Ceiling
  • Covered patio or porch
  • New River Elementary School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of March 2016

A real Steal! Site built, slump block, 2011 on just under 2 acres for under 250K. Better hurry! Detached 2 car garage is currently converted to guest quarters with kitchen & laundry room, could easily converted back. Main house with lots of kitchen cabinets, skylights, tile floors in all the right places, wood burning FP, 6 panel interior doors, and more. Paved all the way!

Last Agent to Sell the Property

Shannon Everett

Re/Max Alliance Group License #SA114813000 Listed on: 12/04/2015

Re/Max Alliance Group

Last Buyer's Agent

Nichole LaPado

Compass License #SA647594000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 2011

Lot Details

  • 1.97 Acre Lot
  • Desert faces the front and back of the property
  • Partially Fenced Property
  • Wire Fence

Home Design

  • Composition Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

  • New River Elementary School
  • Gavilan Peak Elementary Middle School
  • Boulder Creek High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Shared Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Wranglers Roost 2 Subdivision

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 202-29-073

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,552

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Cross Street: 27th Ave and New River Rd
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 2011
  • Tax Year: 2015
  • Directions: I 17 & New River Rd, Exit Freeway & go East, North at Stop sign & East on New River Rd, North on 27th Ave, East on Mingus, South on Lantern Light (home is on the corner of Mingus & Lantern Light).
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 1.97
  • Subdivision Name: WRANGLERS ROOST 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: Ranch/Farm
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1320.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes

Exterior Features

  • Fencing: See Remarks, Partial, Wire
  • Exterior Features: Covered Patio(s)
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: Shared Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: New River Elementary School
  • High School: Boulder Creek High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Gavilan Peak Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 85599.0
  • Parcel #: 202-29-073
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1552.0
  • Tax Book Number: 202.00
  • Tax Lot: 71
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2015
Closed on
Mar 10, 2016
Sold by
Beeman Jennifer and Parcel 1 & 3Z Asset Recovery L
Bought by
Steinbrecher Bradley
Seller's Agent
Shannon Everett
Re/Max Alliance Group
Buyer's Agent
Nichole LaPado
Compass
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$498,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,389
Avg. Annual Appreciation
7.76%
Original Mortgage
$245,471
Outstanding Balance
$198,285
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$301,282

Purchase Details

Closed on
Jun 28, 2011
Sold by
Turgeon David
Bought by
Beeman Jennifer

Purchase Details

Closed on
Oct 8, 2007
Sold by
Wiley Lerene A and Laituri Leesa
Bought by
Turgeon David and Turgeon Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2007
Sold by
Wiley William Franklin
Bought by
Wiley Lerene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2006
Sold by
Wiley William F
Bought by
Wiley Lerene A

Purchase Details

Closed on
Sep 30, 2002
Sold by
Laituri Edward
Bought by
Wiley Lerene A
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
Steinbrecher Bradley $250,000 Driggs Title Agency Inc
Beeman Jennifer -- Accommodation
Turgeon David $260,000 Grand Canyon Title Agency In
Hiralez Liz Ann -- Grand Canyon Title Agency In
Wiley Lerene A -- Grand Canyon Title Agency In
Wiley Lerene A -- Grand Canyon Title Agency In
Wiley Lerene A -- First Southwestern Title Age
Wiley Lerene A -- --
Wiley Lerene A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinbrecher Bradley $245,471
Previous Owner Turgeon David $208,000
Previous Owner Wiley Lerene A $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $250,000 0.0% $189 / Sq Ft
12/04/2015 12/04/15 For Sale $249,900 -- $189 / 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 $2,198 $21,448 -- --
2024 $2,081 $20,426 -- --
2023 $2,081 $34,470 $6,890 $27,580
2022 $2,000 $31,320 $6,260 $25,060
2021 $2,064 $26,980 $5,390 $21,590
2020 $2,019 $22,960 $4,590 $18,370
2019 $1,953 $21,530 $4,300 $17,230
2018 $1,883 $20,850 $4,170 $16,680
2017 $1,848 $17,650 $3,530 $14,120
2016 $1,665 $17,430 $3,480 $13,950
2015 $1,552 $14,810 $2,960 $11,850
Source: Public Records

Agents Affiliated with this Home

  • Shannon Everett

    Seller's Agent in 2016

    Shannon Everett

    Re/Max Alliance Group

    (602) 550-8002

    42 in this area

    115 Total Sales

    Shannon Everett
    Section Image
  • Nichole LaPado

    Buyer's Agent in 2016

    Nichole LaPado

    Compass

    (480) 203-5709

    12 Total Sales

    Nichole LaPado
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5370127

Arizona Regional Multiple Listing Service (ARMLS)

APN: 202-29-073

Arizona Maricopa County New River 85087

48824 N Lantern Light Ct, New River, AZ

This home is located at 48824 N Lantern Light Ct, New River, AZ 85087 since 04 December 2015 and is currently estimated at $498,389, approximately $377 per square foot. This property was built in 2011. 48824 N Lantern Light Ct is a home located in Maricopa County with nearby schools including New River Elementary School, Gavilan Peak Elementary School, and Boulder Creek 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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