NOT LISTED FOR SALE

501 E Milada Dr Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $422,000 - $494,000

4 Beds
3 Baths
2,475 Sq Ft
$183/Sq Ft Est. Value

Last Sold February 22, 2016

Last sale price $220,000 $89 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,637/month

4 Days on Market

Highlights

  • RV Gated
  • Mountain View
  • Covered Patio or Porch
  • Phoenix Coding Academy Rated A
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of February 2016

Great home on large lot with beautiful mountain views**home offers 4 bedrooms plus loft, 3 full baths**one bdrm & bath down**formal living room/dining room**spacious kitchen with plenty of cabinet space,2 pantries, gas stove and stainless steel refrigerator stays**upstairs laundry room includes washer/dryer/sink**master bedroom with mountain views, walk-in closet, dual sinks and separate tub & shower**French doors out to yard with covered patio ready for your design**garage includes cabinets and side exit door. water softener conveys as is, does not work**

Last Agent to Sell the Property

Deborah Crowley

HomeSmart License #SA043388000 Listed on: 01/12/2016

HomeSmart

Last Buyer's Agent

Delmar Fincher

Russ Lyon Sotheby's International Realty License #BR525241000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,867

Year Built

  • Built in 2004

Lot Details

  • 8,898 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,475 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave

Flooring

  • Wood
  • 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

Schools

  • Roosevelt Elementary School
  • Maxine O Bush Elementary Middle School
  • South Mountain High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 177
  • Assessor Parcel Number 300-45-405

Community Details

Overview

  • Association fees include ground maintenance
  • Summit At South Mtn Association, Phone Number (480) 539-1396
  • Built by KB Homes
  • Summit At South Mountain Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,867

Year Built

Built in 2004

Lot Details

0

HOA Fees

$64 per month

Parking

2

Listing Details

  • Cross Street: Baseline & 7th Street
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 64.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2011
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Tax Year: 2015
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: Summit at South Mountain
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 88.88
  • Association Fees:HOA Fee2: 64.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2475.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: North/South Exposure, Desert Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Fee: 64.0
  • Association Fee Frequency: Monthly
  • Association Name: Summit at South Mtn
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Summit at South Mtn
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 128.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2: 250.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Maxine O Bush Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8898.0
  • Parcel #: 300-45-405

Building Info

  • Builder Name: KB Homes

Tax Info

  • Tax Annual Amount: 1867.0
  • Tax Book Number: 300.00
  • Tax Lot: 177
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2016
Closed on
Jan 19, 2016
Sold by
Richards Katherine N and Schlau Katherine S
Bought by
Fincher Cody and Bostick Christy
Seller's Agent
Deborah Crowley
HomeSmart
Buyer's Agent
Delmar Fincher
Russ Lyon Sotheby's International Realty
List Price
$224,999
Sold Price
$220,000
Premium/Discount to List
-$4,999
-2.22%
Current Estimated Value
$451,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,691
Avg. Annual Appreciation
7.55%
Original Mortgage
$216,015
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Schlau Katherine N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,139
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2010
Sold by
Lewis Karen and Diclaudio Daren
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 24, 2005
Sold by
Lewis Karen
Bought by
Lewis Karen and Diclaudio Daren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,800
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2004
Sold by
Kb Home Sales Phoenix Inc
Bought by
Lewis Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,650
Interest Rate
4.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fincher Cody $220,000 First American Title Ins Co
Schlau Katherine N $140,000 Old Republic Title Agency
Deutsche Bank National Trust Company $132,750 First American Title
Lewis Karen -- First American Title Ins Co
Lewis Karen $227,452 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fincher Cody $216,015
Previous Owner Schlau Katherine N $138,139
Previous Owner Lewis Karen $271,800
Previous Owner Lewis Karen $216,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2016 02/22/16 Sold $220,000 -2.2% $89 / Sq Ft
01/16/2016 01/16/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $224,999 -- $91 / 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 $2,571 $19,021 -- --
2024 $2,429 $18,115 -- --
2023 $2,429 $33,110 $6,620 $26,490
2022 $2,379 $24,430 $4,880 $19,550
2021 $2,453 $23,610 $4,720 $18,890
2020 $2,422 $21,610 $4,320 $17,290
2019 $2,340 $19,250 $3,850 $15,400
2018 $2,273 $19,700 $3,940 $15,760
2017 $2,119 $17,560 $3,510 $14,050
2016 $2,010 $16,780 $3,350 $13,430
2015 $1,867 $15,610 $3,120 $12,490
Source: Public Records

Agents Affiliated with this Home

  • Deborah Crowley

    Seller's Agent in 2016

    Deborah Crowley

    HomeSmart

    (480) 889-3700

    46 Total Sales

    Deborah Crowley
    Section Image

  • D

    Buyer's Agent in 2016

    Delmar Fincher

    Russ Lyon Sotheby's International Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5382435

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-45-405

Arizona Maricopa County Phoenix 85042 South Mountain

501 E Milada Dr, Phoenix, AZ

Not Listed for Sale

Detached

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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