Seller's Agent in 2025
Bryan Mortensen
LRA Real Estate Group, LLC
(602) 509-4835
1 in this area
99 Total Sales
506 E Balao Dr Phoenix, AZ 85085
Desert View Neighborhood
3
Beds
2
Baths
1,621
Sq Ft
6,109
Sq Ft Lot
Highlights
- Play Pool
- Gated Community
- Eat-In Kitchen
- Sonoran Foothills Rated A
- Corner Lot
- Dual Vanity Sinks in Primary Bathroom
About This Home
As of August 2025Welcome to your dream home! Built in 2020 and packed with upgrades, this 3-bedroom, 2-bath beauty features soaring vaulted ceilings, a chef's kitchen with quartz countertops, stainless steel appliances, white shaker cabinetry, a wall oven, and a 5-burner gas cooktop. Modern touches include on-trend lighting, square corners, tile flooring in all the right places, and plush Berber carpet in the bedrooms. Enjoy the oversized garage with epoxy floors, ceiling storage racks, and space for a boat or trailer. The backyard is an entertainer's paradise with a large pool and expansive travertine decking. Additional highlights include an iron front door, soft water system, and a freshly repainted exterior (2023). Located in a gated community with a splash pad!
Last Agent to Sell the Property
LRA Real Estate Group, LLC License #BR648243000 Listed on: 04/25/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,314
Year Built
- Built in 2020
Lot Details
- 6,109 Sq Ft Lot
- Block Wall Fence
- Corner Lot
- Front and Back Yard Sprinklers
- Sprinklers on Timer
HOA Fees
- $139 Monthly HOA Fees
Parking
- 3 Car Garage
- 2 Open Parking Spaces
- Tandem Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Tile Roof
- Concrete Roof
- Stucco
Interior Spaces
- 1,621 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- Built-In Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Pool
- Play Pool
Schools
- Sonoran Foothills Elementary And Middle School
- Barry Goldwater High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot 255
- Assessor Parcel Number 211-75-258
Community Details
Overview
- Association fees include ground maintenance
- Brown Community Mgmt Association, Phone Number (480) 539-1396
- Built by Taylor Morrison
- Gateway At Sonoran Preserve Subdivision
Recreation
- Community Playground
- Bike Trail
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2025
Closed on
Jul 24, 2025
Sold by
Valega Jamey and Valega Teri
Bought by
Haydon Reese
Seller's Agent
Bryan Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Lauren Vargas
Charles Edward Realty
List Price
$689,000
Sold Price
$650,000
Premium/Discount to List
-$39,000
-5.66%
Views
49
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$487,500
Outstanding Balance
$487,070
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$165,724
Purchase Details
Closed on
Aug 30, 2021
Sold by
Austin Bradley C and Austin Valerie M
Bought by
Valega Jamey and Valega Teri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Interest Rate
2.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 4, 2020
Sold by
Tm Homes Of Arizona Inc
Bought by
Austin Bradley C and Austin Valerie M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,162
Interest Rate
3.6%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | First American Title Insurance | |
| Warranty Deed | $575,000 | First American Title Ins Co | |
| Special Warranty Deed | $395,000 | First American Title Ins Co | |
| Special Warranty Deed | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $487,500 | New Conventional | |
| Previous Owner | $511,000 | New Conventional | |
| Previous Owner | $303,600 | New Conventional | |
| Previous Owner | $300,162 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | Sold | $650,000 | -1.4% | $401 / Sq Ft |
| 07/24/2025 07/24/25 | Pending | -- | -- | -- |
| 07/20/2025 07/20/25 | Price Changed | $659,000 | -1.5% | $407 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $669,000 | -0.9% | $413 / Sq Ft |
| 05/22/2025 05/22/25 | Price Changed | $674,900 | -0.6% | $416 / Sq Ft |
| 05/03/2025 05/03/25 | Price Changed | $679,000 | -1.5% | $419 / Sq Ft |
| 04/25/2025 04/25/25 | For Sale | $689,000 | -- | $425 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,314 | $26,880 | -- | -- |
| 2024 | $2,275 | $25,600 | -- | -- |
| 2023 | $2,275 | $47,310 | $9,460 | $37,850 |
| 2022 | $2,190 | $36,180 | $7,230 | $28,950 |
| 2021 | $2,288 | $32,050 | $6,410 | $25,640 |
| 2020 | $165 | $6,750 | $6,750 | $0 |
| 2019 | $161 | $1,905 | $1,905 | $0 |
| 2018 | $156 | $1,875 | $1,875 | $0 |
| 2017 | $151 | $1,830 | $1,830 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Mortensen
-
Lauren Vargas
Buyer's Agent in 2025
Lauren Vargas
Charles Edward Realty
(650) 222-0650
1 in this area
76 Total Sales
-
Elijah Vargas
E
Buyer Co-Listing Agent in 2025
Elijah Vargas
Mondo Duke Realty
(602) 327-1442
1 in this area
29 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6857536
APN: 211-75-258
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.
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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