NOT LISTED FOR SALE

502 E Taro Ln Phoenix, AZ 85024

North Central Phoenix Neighborhood

Estimated Value: $407,835 - $438,000

3 Beds
2.5 Baths
1,644 Sq Ft
$257/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $160,000 $97 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,361/month

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Eagle Ridge Elementary School Rated A-
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of January 2019

GREAT AREA! CLOSE TO 101, I-17, 51 FREEWAYS, DESERT RIDGE, NICE QUIET COMMUNITY. LARGE SECURE COURT YARD.FRUIT TREES IN BACK YARD.3 BEDROOMS PLUS NICE SIZE LOFT, 2.5 BATH,DRAMATIC VAULTED CEILING OPEN UP TO FUNCTIONAL LOFT AREA, TWO BEDROOMS UPSTAIRS, HUGE MASTER SUITE DOWNSTAIRS WITH SEPARATE EXIT TO PATIO.WALK-IN CLOSET.LARGE OPEN KITCHEN WITH NEW GRANITE SLAB COUNTERTOPS. GREAT STORAGE AREAS. EAT IN KITCHEN, BREAKFAST ROOM AND FORMAL DINNING ROOM.NEW ROOF, NEW WATER HEATER. EXTRA SPACE IN GARAGE CAN BE WORKSHOP.EPOXY PAINTED 2 CAR GARAGE FLOOR.FIREPLACE.REMODELED WITH 20' EXTENSIVE TILE FLOORS, FRESH PAINT, NEW BERBER CARPET, MIRRORED CLOSET DOORS & MORE.VERY CONTEMPORARY HOME WITH LOADS OF STYLE.

Last Agent to Rent the Property

Bill Scott

Fathom Realty Elite License #SA027154000 Listed on: 12/10/2018

Fathom Realty Elite

Last Renter's Agent

Carole Kittelmann

West USA Realty License #SA516443000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,569

Year Built

  • Built in 1985

Lot Details

  • 4,033 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,644 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Eagle Ridge Elementary School
  • Vista Verde Middle School
  • North Canyon High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Merit Association, Phone Number (602) 996-9910
  • Merit Estates Subdivision, New Carpetin Floorplan

Listing and Financial Details

  • Property Available on 12/14/18
  • 12-Month Minimum Lease Term
  • Tax Lot 146
  • Assessor Parcel Number 209-24-336

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,569

Year Built

Built in 1985

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2018-12-14

Listing Details

  • Cross Street: UNION HILLS & 7TH STREET
  • Legal Info Range: 3E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Rental Info H O A Name: Merit
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: NORTH ON 7TH STREET TO WESCOTT, WEST ON WESCOTT TO 1ST RIGHT (NORTH) ON 6TH DRIVE, WEST TO TARO LN, HOME ON NORTH SIDE.
  • Master Model: New (12/18) Carpetin
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: MERIT ESTATES
  • Property Attached Yn: Yes
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Laundry Features Inside: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Fireplace Features Fireplace Living Rm2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace Living Rm, 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 1644.0
  • Stories: 2
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition, Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: Merit
  • Phone: 602-996-9910
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Eagle Ridge Elementary School
  • High School: North Canyon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Vista Verde Middle School

Lot Info

  • Lot Size Sq Ft: 4033.0
  • Parcel #: 209-24-336

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Book Number: 209.00
  • Tax Lot: 146
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 25, 2012
Closed on
Dec 17, 2012
Sold by
Cooper Gene
Bought by
Mcmurtry William D
Seller's Agent
Bill Scott
Fathom Realty Elite
Buyer's Agent
Brankica Blazanovic
eXp Realty
Sold Price
$1,300
Current Estimated Value
$422,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,909
Avg. Annual Appreciation
7.76%

Purchase Details

Listed on
Apr 2, 2012
Closed on
Jul 24, 2012
Sold by
Borokhov Rimma
Bought by
Cooper Gene
Seller's Agent
Natalia Peiers
Realty USA Southwest
Buyer's Agent
Natalia Peiers
Realty USA Southwest
List Price
$100
Sold Price
$107,000
Premium/Discount to List
$106,900
106900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
180.57%

Purchase Details

Listed on
Apr 2, 2012
Closed on
Jul 17, 2012
Sold by
Copper Maria
Bought by
Cooper Gene
Seller's Agent
Natalia Peiers
Realty USA Southwest
Buyer's Agent
Natalia Peiers
Realty USA Southwest
List Price
$100
Sold Price
$107,000
Premium/Discount to List
$106,900
106900%

Purchase Details

Closed on
May 16, 2005
Sold by
Owens C D and Owens Beverly M
Bought by
Borokhov Rimma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 28, 2004
Sold by
Beattie Scott A S and Beattie Scott Aleece
Bought by
Owens C D and Owens Beverly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2004
Sold by
Beattie Scott A S and Beattie Scott Aleece
Bought by
Beattie Scott A S and Owens C D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2000
Sold by
Russell Brian
Bought by
Beattie Scott A S and Beattie Scott Aleece

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 1998
Sold by
Russell Tamara
Bought by
Russell Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.06%

Purchase Details

Closed on
Mar 22, 1995
Sold by
Stokes Brian
Bought by
Russell Brian

Purchase Details

Closed on
May 9, 1994
Sold by
Clark Thomas John and Clark Deborah J
Bought by
Stokes Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,671
Interest Rate
8.56%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcmurtry William D $160,000 Clear Title Agency Of Arizon
Cooper Gene $107,000 Old Republic Title Agency
Cooper Gene -- Old Republic Title Agency
Borokhov Rimma $232,000 Transnation Title
Owens C D -- Camelback Title Agency Llc
Beattie Scott A S -- Camelback Title Agency Llc
Beattie Scott A S $120,000 Security Title Agency
Russell Brian -- Capital Title Agency
Russell Brian $88,547 Fidelity Title
Stokes Brian $95,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borokhov Rimma $199,750
Previous Owner Borokhov Rimma $24,000
Previous Owner Borokhov Rimma $185,600
Previous Owner Owens C D $97,000
Previous Owner Beattie Scott A S $96,000
Previous Owner Russell Brian $85,000
Previous Owner Stokes Brian $13,671
Closed Borokhov Rimma $23,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2019 01/01/19 Rented $1,350 0.0% --
12/12/2018 12/12/18 Under Contract -- -- --
12/10/2018 12/10/18 For Rent $1,350 +3.8% --
01/26/2013 01/26/13 Rented $1,300 -3.7% --
01/21/2013 01/21/13 Under Contract -- -- --
12/25/2012 12/25/12 For Rent $1,350 0.0% --
12/21/2012 12/21/12 Sold $160,000 -1.2% $97 / Sq Ft
12/16/2012 12/16/12 Pending -- -- --
11/01/2012 11/01/12 For Sale $162,000 0.0% $99 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
10/25/2012 10/25/12 For Sale $162,000 +1.3% $99 / Sq Ft
10/15/2012 10/15/12 Off Market $160,000 -- --
09/30/2012 09/30/12 Pending -- -- --
09/27/2012 09/27/12 For Sale $162,000 0.0% $99 / Sq Ft
09/23/2012 09/23/12 Pending -- -- --
09/12/2012 09/12/12 For Sale $162,000 +51.4% $99 / Sq Ft
07/31/2012 07/31/12 Sold $107,000 +7.0% $65 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
04/04/2012 04/04/12 Price Changed $100,000 +99900.0% $61 / Sq Ft
04/02/2012 04/02/12 For Sale $100 -- $0 / 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 $1,569 $15,766 -- --
2024 $1,536 $15,015 -- --
2023 $1,536 $29,050 $5,810 $23,240
2022 $1,521 $22,170 $4,430 $17,740
2021 $1,525 $20,280 $4,050 $16,230
2020 $1,478 $18,920 $3,780 $15,140
2019 $1,480 $18,770 $3,750 $15,020
2018 $1,432 $17,330 $3,460 $13,870
2017 $1,372 $14,110 $2,820 $11,290
2016 $1,350 $13,520 $2,700 $10,820
2015 $1,250 $13,320 $2,660 $10,660
Source: Public Records

Agents Affiliated with this Home

  • Bill Scott

    Landlord's Agent in 2019

    Bill Scott

    Fathom Realty Elite

    (602) 432-4110

    18 Total Sales

    Bill Scott
    Section Image

  • C

    Tenant's Agent in 2019

    Carole Kittelmann

    West USA Realty

    (602) 957-9191

    4 Total Sales

    Carole Kittelmann
    Section Image

  • B

    Buyer's Agent in 2013

    Brankica Blazanovic

    eXp Realty

    (602) 694-0166

    2 in this area

    43 Total Sales

    Brankica Blazanovic
    Section Image
  • Natalia Peiers

    Seller's Agent in 2012

    Natalia Peiers

    Realty USA Southwest

    (602) 321-2114

    4 in this area

    26 Total Sales

    Natalia Peiers
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5856051

Arizona Regional Multiple Listing Service (ARMLS)

APN: 209-24-336

Arizona Maricopa County Phoenix 85024 North Central Phoenix

502 E Taro Ln, Phoenix, AZ

This home is located at 502 E Taro Ln, Phoenix, AZ 85024 since 10 December 2018 and is currently priced at $422,209. This property was built in 1985. 502 E Taro Ln is a home located in Maricopa County with nearby schools including Eagle Ridge Elementary School, Mountain Trail Middle School, and North Canyon 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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