NOT LISTED FOR SALE

516 E Marlette Ave Phoenix, AZ 85012

Alhambra Neighborhood

Estimated Value: $1,227,000 - $1,614,000

5 Beds
3 Baths
4,226 Sq Ft
$348/Sq Ft Est. Value

Last Sold July 03, 2013

Last sale price $500,000 $118 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $8,416/month

361 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Vaulted Ceiling
  • No HOA
  • Madison Richard Simis School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of July 2013

Ignore days on market, price slashed to unbelievable $118 per s.f. Owner says sell! Custom built by Universal with finished basement including family room, two bedrooms with walkin closets, utility room, and full bath with double sinks. Main floor master suite with fireplace, garden tub, oversized closet with cedar lining plus two additional bedrooms. Oak flooring on main floor family room, kitchen and breakfast nook. Tiled countertops in kitchen, appliances new in 2009. Wood trim on interior windows and wide wood trim around interior doors. Fireplace in family room and master bedroom. 3 car garage plus additional area for storage or workshop. Excellent home built with integra block, double paned windows, 3 refrig. units. See Documents for floor plan & Reax. disclosure form.

Last Agent to Sell the Property

Don Vander Giessen

HomeSmart License #BR004507000 Listed on: 05/26/2012

HomeSmart

Co-Listed By

Tim Knittel

AZ Brokerage Holdings, LLC License #SA029345000

Last Buyer's Agent

Tamara Abramova

HomeSmart License #SA518432000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,740

Year Built

  • Built in 1989

Lot Details

  • 9,548 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,226 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Partial Basement
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Madison Richard Simis Elementary School
  • Madison Meadows Middle School
  • Central High School

Utilities

  • Zoned Heating and Cooling System
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by UNIVERSAL
  • Tealstone Subdivision, Custom Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1
  • Assessor Parcel Number 161-18-061

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,740

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Cross Street: CENTRAL AND MARYLAND
  • 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: Y
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 1989
  • Tax Year: 2011
  • Master Model: CUSTOM
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: reax16
  • Co List Office Phone: 602-861-3300
  • Subdivision Name: TEALSTONE
  • Architectural Style: Ranch
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • General Property Description:PriceSqFt: 118.31
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Partial
  • Flooring: Carpet, Wood
  • Basement YN: Yes
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4226.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Partial: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Private: No
  • Disclosures: None
  • Home Warranty: Yes
  • Common Walls: No Common Walls
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9548.0
  • Parcel #: 161-18-061

Building Info

  • Builder Name: UNIVERSAL

Tax Info

  • Tax Annual Amount: 5740.0
  • Tax Book Number: 161.00
  • Tax Lot: 1
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2012
Closed on
Jun 4, 2013
Sold by
Tom Pamela F
Bought by
Gurevich Paul and Gurevich Regina
Seller's Agent
Don Vander Giessen
HomeSmart
Buyer's Agent
Tamara Abramova
HomeSmart
List Price
$630,000
Sold Price
$500,000
Premium/Discount to List
-$130,000
-20.63%
Current Estimated Value
$1,472,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$972,642
Avg. Annual Appreciation
9.02%
Original Mortgage
$385,000
Outstanding Balance
$182,296
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$1,290,346
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
Gurevich Paul $500,000 Chicago Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurevich Paul $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2013 07/03/13 Sold $500,000 0.0% $118 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
02/27/2013 02/27/13 Price Changed $500,000 -12.1% $118 / Sq Ft
01/04/2013 01/04/13 Price Changed $569,000 -1.7% $135 / Sq Ft
08/14/2012 08/14/12 Price Changed $579,000 -3.3% $137 / Sq Ft
06/28/2012 06/28/12 Price Changed $599,000 -4.9% $142 / Sq Ft
05/26/2012 05/26/12 For Sale $630,000 -- $149 / 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 $8,693 $71,336 -- --
2024 $8,023 $67,939 -- --
2023 $8,023 $92,700 $18,540 $74,160
2022 $7,766 $72,900 $14,580 $58,320
2021 $7,838 $69,000 $13,800 $55,200
2020 $7,707 $69,360 $13,870 $55,490
2019 $7,524 $68,400 $13,680 $54,720
2018 $7,324 $63,880 $12,770 $51,110
2017 $6,951 $63,530 $12,700 $50,830
2016 $7,528 $54,360 $10,870 $43,490
2015 $6,949 $54,570 $10,910 $43,660
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Don Vander Giessen

    HomeSmart

    Section Image

  • T

    Seller Co-Listing Agent in 2013

    Tim Knittel

    Realty Executives

  • T

    Buyer's Agent in 2013

    Tamara Abramova

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4765387

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-18-061

Arizona Maricopa County Phoenix 85012 Alhambra

516 E Marlette Ave, 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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