$810,000
SOLD FEB 28, 2025

518 E Balao Dr Phoenix, AZ 85085

Desert View Neighborhood
4 Beds
2.5 Baths
3,029 Sq Ft
6,043 Sq Ft Lot

Recently Sold

$267 Per Sq Ft

2% Below List Price

8 Days on Market

Highlights

  • Play Pool
  • RV Gated
  • Mountain View
  • Sonoran Foothills Rated A
  • Gated Community
  • Covered Patio or Porch

About This Home

As of February 2025

This is the home you've been looking for! FULL STOP. Located in the GATED community of Gateway at Sonoran Preserve, this newer home has so many upgrades we can't list them all. A few of the best? TWO family rooms, PRIVATE HEATED POOL, GOURMET KITCHEN, 3-CAR GARAGE, and... You can walk out of the neighborhood and access the SONORAN DESERT PRESERVE! That's right! Walk out your front door and hike/bike for miles. Plus, NORTH GATEWAY is just down the street with new RESTAURANTS/RETAIL under construction as we speak! This is a HUGE OPPORTUNITY to live in a wonderful community with great neighbors! ONE MORE THING. You'll get to see those famous hot air balloons almost daily from your BACKYARD! Run, don't walk, to this beautiful move-in ready home surrounded by breathtaking VIEWS!

Last Agent to Sell the Property

Laurie Cato

Berkshire Hathaway HomeServices Arizona Properties License #BR677775000 Listed on: 01/22/2025

Last Buyer's Agent

Danny Kallay

Compass License #SA512397000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,904

Year Built

  • Built in 2019

Lot Details

  • 6,043 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $139 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Tandem Garage
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,029 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Play Pool
  • Covered Patio or Porch

Schools

  • Sonoran Foothills Elementary And Middle School
  • Barry Goldwater High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 252
  • Assessor Parcel Number 211-75-255

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Brown Comm Mgmnt Association, Phone Number (480) 339-8008
  • Built by Taylor Morrison
  • Gateway At Sonoran Preserve Subdivision

Recreation

  • Community Playground
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,904

Year Built

Built in 2019

Lot Details

0

HOA Fees

$139 per month

Parking

3

Listing Details

  • Cross Street: Dove Valley Road and 7th Street
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 139.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2019
  • Tax Year: 2024
  • Directions: From I-17, East on Dove Valley Road, Right on 7th Street, Right on E Chaparosa Way into gate, Left on N 5th Street, Left on E Balao, house is on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: GATEWAY AT SONORAN PRESERVE
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 139.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3029.0
  • Stories: 2
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Play Pool, Heated, Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: No Common Walls
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, RV Gate, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Direct Access: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Playground, Biking/Walking Path
  • Association Fee: 139.0
  • Association Fee Frequency: Monthly
  • Association Name: Brown Comm Mgmnt
  • Phone: 480-339-8008
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Brown Comm Mgmnt
  • Association Fees:HOA Telephone4: 480-339-8008
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 278.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 278.0
  • Association Fees:Disclosure Fees HOA: 190.0
  • Association Fees:Other Fees HOA: 210.0
  • Association Fees:Other Fees Description: Resale $185, Homewise $25
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2: 278.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Sonoran Foothills School
  • High School: Barry Goldwater High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Sonoran Foothills School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6043.0
  • Parcel #: 211-75-255

Building Info

  • Builder Name: Taylor Morrison

Tax Info

  • Tax Annual Amount: 2904.0
  • Tax Book Number: 211.00
  • Tax Lot: 252
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Feb 20, 2025
Sold by
Scoggan Andrew and Scoggan Kelly
Bought by
Panish Tracie and Panish Jonathan
Seller's Agent
Laurie Cato
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Danny Kallay
Compass
List Price
$829,000
Sold Price
$810,000
Premium/Discount to List
-$19,000
-2.29%
Views
13
Current Estimated Value
$827,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,736
Avg. Annual Appreciation
1.69%
Original Mortgage
$729,000
Outstanding Balance
$728,407
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$89,075

Purchase Details

Closed on
Oct 25, 2021
Sold by
Hibbs Diane
Bought by
Scoggan Andrew and Scoggan Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2019
Sold by
Tm Homes Of Arizona Inc
Bought by
Hibbs Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,885
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $810,000 Wfg National Title Insurance C
Warranty Deed $750,000 First American Title Ins Co
Special Warranty Deed $503,036 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 $729,000 New Conventional
Previous Owner $625,000 New Conventional
Previous Owner $477,000 New Conventional
Previous Owner $477,885 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $810,000 -2.3% $267 / Sq Ft
01/21/2025 01/21/25 For Sale $829,000 -- $274 / 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 $2,904 $33,744 -- --
2024 $2,855 $32,137 -- --
2023 $2,855 $57,130 $11,420 $45,710
2022 $2,749 $43,220 $8,640 $34,580
2021 $2,872 $41,300 $8,260 $33,040
2020 $2,819 $37,770 $7,550 $30,220
2019 $159 $1,890 $1,890 $0
2018 $154 $1,860 $1,860 $0
2017 $149 $1,815 $1,815 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Laurie Cato

    Berkshire Hathaway HomeServices Arizona Properties

  • Danny Kallay

    Buyer's Agent in 2025

    Danny Kallay

    Compass

    (480) 694-8571

    1 in this area

    1,884 Total Sales

    Danny Kallay
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6809122

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-75-255

Arizona Maricopa County Phoenix 85085 Desert View

518 E Balao Dr, Phoenix, AZ

This home is located at 518 E Balao Dr, Phoenix, AZ 85085 and is currently priced at $810,000, approximately $267 per square foot. This property was built in 2019. 518 E Balao Dr is a home located in Maricopa County with nearby schools including Sonoran Foothills, Barry Goldwater High School, and Ridgeline Academy.

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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