NOT LISTED FOR SALE

5 E Lavitt Ln Phoenix, AZ 85086

Estimated Value: $841,000 - $902,000

4 Beds
3 Baths
3,008 Sq Ft
$288/Sq Ft Est. Value

Last Sold May 23, 2013

Last sale price $370,000 $123 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $4,971/month

18 Days on Market

Highlights

  • Equestrian Center
  • Private Pool
  • Mountain View
  • Desert Mountain Middle School Rated A-
  • RV Gated
  • Vaulted Ceiling

About This Home

As of May 2013

HORSE PROPERTY/CORNER LOT - This 4 bedroom/3 bath/3-car garage home is one of the few that is move-in ready for family or individuals with horses. Established outdoor family spaces with a fenced pool, in-place horse stalls & corral. Great property for entertaining or just sit under your large covered back patio and enjoy the stunning sunsets & the stars!

Last Agent to Sell the Property

Patty Camp Schmid

Berkshire Hathaway HomeServices Arizona Properties License #SA552625000 Listed on: 04/05/2013

Berkshire Hathaway HomeServices Arizona Properties

Co-Listed By

David Schmid

Berkshire Hathaway HomeServices Arizona Properties License #BR575488000

Last Buyer's Agent

Doug Palma

HomeSmart License #SA531767000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 1995

Lot Details

  • 0.83 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot

Parking

  • 3 Car Direct Access Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,008 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Mountain Views
  • Security System Owned

Kitchen

  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

  • Desert Mountain Elementary School
  • Desert Mountain Middle School
  • Barry Goldwater High School

Horse Facilities and Amenities

  • Equestrian Center
  • Horses Allowed On Property
  • Horse Stalls
  • Corral

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Association fees include ground maintenance
  • Desert Hills Estates Subdivision, Ocotillo Floorplan

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 211-23-115

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,964

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Cross Street: CAREFREE HIGHWAY / 7TH AVE
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Energy Green Feature H E R S Rating: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 1995
  • Tax Year: 2012
  • Directions: North on 7th Ave to Joy Ranch Rd, East to Central Ave, North to home on corner of Lavitt and Central
  • Master Model: OCOTILLO
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 0.83
  • Co List Office Mls Id: praz10
  • Co List Office Phone: 602-288-4400
  • Subdivision Name: DESERT HILLS ESTATES
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 3008.0
  • Stories: 1
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Horse Facility: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Circular Drive, Covered Patio(s), Playground
  • Lot Features: Corner Lot, Desert Back, Desert Front, Synthetic Grass Back
  • Pool Features: Fenced, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Circular Drive: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, RV Gate, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Horse Facility
  • Amenities: Self Managed
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • 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_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Desert Mountain Elementary
  • High School: Barry Goldwater High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Desert Mountain School

Lot Info

  • Horse Amenities: Corral(s), Stall
  • Land Lease: No
  • Lot Size Sq Ft: 36219.0
  • Parcel #: 211-23-115
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2963.58
  • Tax Book Number: 211.00
  • Tax Lot: 61
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2013
Closed on
May 13, 2013
Sold by
Sadler David R
Bought by
Otsuka Gavin and Otsuka Stephanie
Seller's Agent
Patty Camp Schmid
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Doug Palma
HomeSmart
List Price
$389,900
Sold Price
$370,000
Premium/Discount to List
-$19,900
-5.1%
Current Estimated Value
$867,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,047
Avg. Annual Appreciation
7.11%
Original Mortgage
$240,000
Outstanding Balance
$169,530
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$697,517

Purchase Details

Closed on
Sep 21, 2011
Sold by
Medlock James R and Adams Lynda
Bought by
Sadler David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2010
Sold by
Org Investments Llc
Bought by
Medlock James R and Adams Lynda

Purchase Details

Closed on
Dec 17, 2009
Sold by
Moore Rene M
Bought by
Org Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2005
Sold by
Moore Scott
Bought by
Moore Rene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2002
Sold by
Gramlich Raymond E
Bought by
Moore Scott and Moore Rene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2001
Sold by
Gramlich Susan J
Bought by
Gramlich Raymond E

Purchase Details

Closed on
Jan 29, 2001
Sold by
Harmon Kevin L and Stonecipher Harmon Lori L
Bought by
Capital Realty Services Llc

Purchase Details

Closed on
Aug 22, 1995
Sold by
Carefree Desert Hills Development Co
Bought by
Harmon Kevin L and Stonecipher Harmon Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,340
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 1995
Sold by
Commonwealth Title Of Arizona
Bought by
Carefree Desert Hills Development Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
8.77%
Mortgage Type
Seller Take Back
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
Otsuka Gavin $370,000 Equity Title Agency Inc
Sadler David R $300,000 Grand Canyon Title Agency In
Medlock James R -- None Available
Org Investments Llc $234,433 None Available
Moore Rene M -- Capital Title Agency Inc
Moore Scott $275,000 Capital Title Agency Inc
Gramlich Raymond E -- Fidelity National Title
Gramlich Raymond E $240,000 Fidelity National Title
Capital Realty Services Llc $213,100 --
Harmon Kevin L $206,682 Fidelity Title
Carefree Desert Hills Development Co $27,500 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otsuka Gavin $240,000
Previous Owner Sadler David R $285,000
Previous Owner Org Investments Llc $167,000
Previous Owner Moore Rene M $292,000
Previous Owner Moore Scott $220,000
Previous Owner Harmon Kevin L $165,340
Previous Owner Carefree Desert Hills Development Co $26,000
Closed Moore Scott $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2013 05/23/13 Sold $370,000 -5.1% $123 / Sq Ft
04/05/2013 04/05/13 For Sale $389,900 -- $130 / 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 $4,505 $43,384 -- --
2024 $4,260 $41,318 -- --
2023 $4,260 $59,760 $11,950 $47,810
2022 $4,087 $45,930 $9,180 $36,750
2021 $4,175 $41,630 $8,320 $33,310
2020 $4,084 $39,400 $7,880 $31,520
2019 $3,951 $38,310 $7,660 $30,650
2018 $3,809 $38,000 $7,600 $30,400
2017 $3,738 $35,270 $7,050 $28,220
2016 $3,392 $34,960 $6,990 $27,970
2015 $3,139 $32,020 $6,400 $25,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4915348

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-23-115