NOT LISTED FOR SALE

502 E Desert Hills Estate Dr Phoenix, AZ 85086

Estimated Value: $766,993 - $815,000

4 Beds
3 Baths
2,416 Sq Ft
$328/Sq Ft Est. Value

Sale Details

Date Sold: February 24, 2020

Last sale price $495,000 $205 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,514 / mo

25 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • Santa Fe Architecture
  • Desert Mountain Middle School Rated A-
  • Mountain View
  • Bonus Room

About This Home

As of February 2020

Town of Cave Creek water in Desert Hills with spacious bonus room or Mother-In Law Suite! Paved roads lead up to this beautiful home on a corner lot! North/South exposure, fresh exterior paint, 3 car extended garage and pebble-tec pool are just some of the wonderful features. Step into an open area floor plan with fireplace in the Great Room. Split floor plan is ideal for guests. Kitchen offers upgraded stainless steel appliances, including gas stove and granite counters. Huge bonus room has a 3⁄4 bathroom, kitchenette, separate entrance with covered patio...which can be used as a mother-in law suite, rental, gaming or entertaining space. Outdoor offers a sparkling pebble-tec pool, cool deck, fire pit, and garden areas. Simply a great house!

Last Agent to Sell the Property

Tracy van Ravensway

Real Broker License #BR525948000 Listed on: 12/22/2019

Last Buyer's Agent

Shane Saunders

My Home Group Real Estate License #SA627397000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1989

Lot Details

  • 35,177 Sq Ft Lot
  • Desert faces the front and back of the property
  • Corner Lot

Parking

  • 3 Car Garage

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,416 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Bonus Room
  • Tile Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Washer Hookup

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Desert Mountain Elementary School
  • Desert Mountain Middle School
  • Boulder Creek 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
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Desert Hills Estates Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 211-23-059

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,228

Year Built

Built in 1989

Lot Details

0.81 Acres

Parking

3

Listing Details

  • Cross Street: 7th St and Carefree Hwy
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1989
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.81
  • Subdivision Name: Desert Hills Estates
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 204.88
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Double Vanity, Eat-in Kitchen, Breakfast Bar, Pantry, Granite Counters, High Speed Internet, 9+ Flat Ceilings
  • Living Area: 2416.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane

Exterior Features

  • Fencing: Block
  • Exterior Features: Screened in Patio(s)
  • Lot Features: Corner Lot, North/South Exposure, Desert Front, Desert Back
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Wood Frame, Painted, Stucco
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Foam

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, RV Gated, Extended Length Garage, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Other, See Remarks
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Desert Mountain Elementary
  • High School: Boulder Creek High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Desert Mountain School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 35177.0
  • Parcel #: 211-23-059

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 3228.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2019
Closed on
Feb 20, 2020
Sold by
Petersman Roger
Bought by
Martin Robert William and Martin Robin
Seller's Agent
Tracy van Ravensway
Real Broker
Buyer's Agent
Shane Saunders
My Home Group Real Estate
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$793,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,248
Avg. Annual Appreciation
7.93%
Original Mortgage
$512,820
Outstanding Balance
$454,066
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$339,182

Purchase Details

Listed on
Sep 15, 2013
Closed on
Oct 30, 2013
Sold by
Carter Cathy
Bought by
Petersman Roger
Seller's Agent
Maureen Waters
Iconic Realty PA
Buyer's Agent
Julie Moyemont
Realty ONE Group
List Price
$299,900
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$284,900
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2007
Sold by
Eribes Denise
Bought by
Carter Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2004
Sold by
Abbas Jay
Bought by
Eribes Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,120
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2004
Sold by
Abbas Linda
Bought by
Abbas Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2003
Sold by
Batchelor Scott L and Batchelor Renee Adams
Bought by
Abbas Jay and Abbas Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,300
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 1996
Sold by
Lapadura Angelo J and Lapadura Diane M
Bought by
Batchelor Scott L and Batchelor Renee Adams
Source: Public Records
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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
Martin Robert William $495,000 American Title Svc Agcy Llc
Petersman Roger $299,900 First American Title Insuran
Carter Cathy $480,000 Grand Canyon Title Agency In
Eribes Denise $358,900 North American Title Co
Abbas Jay -- Security Title Agency
Abbas Jay $239,000 Security Title Agency
Batchelor Scott L $147,500 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Robert William $512,820
Previous Owner Petersman Roger $284,900
Previous Owner Carter Cathy $180,000
Previous Owner Eribes Denise $287,120
Previous Owner Abbas Jay $242,400
Previous Owner Abbas Jay $222,300
Closed Eribes Denise $53,835
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2020 02/24/20 Sold $495,000 0.0% $205 / Sq Ft
12/22/2019 12/22/19 For Sale $495,000 +65.1% $205 / Sq Ft
11/14/2013 11/14/13 Sold $299,900 0.0% $125 / Sq Ft View Prior Sale
11/02/2013 11/02/13 For Sale $299,900 0.0% $125 / Sq Ft
11/02/2013 11/02/13 Price Changed $299,900 0.0% $125 / Sq Ft
09/28/2013 09/28/13 Pending -- -- --
09/25/2013 09/25/13 Pending -- -- --
09/15/2013 09/15/13 For Sale $299,900 -- $125 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,691 $35,440 -- --
2024 $3,438 $33,752 -- --
2023 $3,438 $51,320 $10,260 $41,060
2022 $3,305 $41,180 $8,230 $32,950
2021 $3,411 $37,250 $7,450 $29,800
2020 $3,336 $35,120 $7,020 $28,100
2019 $3,228 $33,830 $6,760 $27,070
2018 $3,111 $33,320 $6,660 $26,660
2017 $3,054 $30,710 $6,140 $24,570
2016 $2,751 $30,460 $6,090 $24,370
2015 $2,400 $23,410 $4,680 $18,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6016791

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-23-059

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