NOT LISTED FOR SALE

520 E Adair Dr Phoenix, AZ 85012

Alhambra Neighborhood

Estimated Value: $994,000 - $1,236,000

2 Beds
2.5 Baths
2,542 Sq Ft
$444/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $388,000 $153 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $6,593/month

88 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • 1 Fireplace
  • Madison Richard Simis School Rated A-
  • Santa Barbara Architecture
  • Covered Patio or Porch

About This Home

As of September 2012

Inside the gates of Adair Manor in Central Phoenix you’ll find a uniquely designed 2,542 sqft Tuscan sanctuary featuring an open greatroom, 2 bdrms + den & 2.5 baths. Soaring 17’coffered ceilings& glorious archways invite you to experience the rich wood floors that gently guide you thru a home that appeals to your sense of style & taste. Well-appointed kitchen has granite slab counters, maple cabinets, SS double ovens & breakfast bar & island. As a split floorplan the master is private & elegant w/a beautiful glass walk-in shower & garden tub. Outside the Tuscan flair continues with extensive brick pavers & flagstone surrounding the pool, patio & BBQ area. They say location is key-well this home hits the jackpot-within Madison School District & easy commute to all the hot spots in Phoenix!

Last Agent to Sell the Property

Nathan Martinez

RE/MAX Professionals License #BR027768000 Listed on: 05/18/2012

RE/MAX Professionals

Last Buyer's Agent

tim kelley

Award Realty License #SA586485000

Award Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,729

Year Built

  • Built in 2003

Lot Details

  • 7,822 Sq Ft Lot
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,542 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Pool

  • Private Pool
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available

Additional Features

  • No Interior Steps
  • Property is near bus stop

Community Details

  • Association fees include ground maintenance, street maintenance
  • Colby Management Association, Phone Number (623) 977-3860
  • Built by Embry
  • Adair Manor Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 161-20-104

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,729

Year Built

Built in 2003

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Cross Street: 7th Street and Glendale
  • 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: 200.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Tax Year: 2011
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: ADAIR MANOR
  • Architectural Style: Santa Barbara/Tuscan
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 152.64
  • Association Fees:HOA Fee2: 200.0
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Above Ground
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 2542.0
  • Stories: 1
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association Name: Colby Management
  • Phone: 623-977-3860
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Colby Management
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Madison Elementary 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: 7822.0
  • Parcel #: 161-20-104
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Embry

Tax Info

  • Tax Annual Amount: 3729.0
  • Tax Book Number: 161.00
  • Tax Lot: 5
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2013
Sold by
New Mark L
Bought by
New Loma J
Current Estimated Value
$1,127,891

Purchase Details

Listed on
May 18, 2012
Closed on
Sep 25, 2012
Sold by
New Lorna Jean
Bought by
New Mark L
Seller's Agent
Nathan Martinez
RE/MAX Professionals
Buyer's Agent
tim kelley
Award Realty
List Price
$475,000
Sold Price
$388,000
Premium/Discount to List
-$87,000
-18.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$368,600
Outstanding Balance
$256,682
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$871,209

Purchase Details

Listed on
May 18, 2012
Closed on
Sep 11, 2012
Sold by
Hughes Robert
Bought by
New Mark L
Seller's Agent
Nathan Martinez
RE/MAX Professionals
Buyer's Agent
tim kelley
Award Realty
List Price
$475,000
Sold Price
$388,000
Premium/Discount to List
-$87,000
-18.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,600
Outstanding Balance
$256,682
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$871,209

Purchase Details

Closed on
Apr 8, 2010
Sold by
Citimortgage Inc
Bought by
Hughes Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2010
Sold by
Melendrez Ricky L and Novotny Theresa A
Bought by
Citimortgage Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2004
Sold by
Adair Manor Llc
Bought by
Melendrez Ricky L and Novotny Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,520
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
New Loma J -- None Available
New Mark L -- Fidelity Natl Title Agency I
New Mark L $388,000 Fidelity Natl Title Agency I
Hughes Robert $390,000 North American Title Company
Citimortgage Inc $302,835 None Available
Melendrez Ricky L $531,900 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Mark L $368,600
Closed New Mark L $368,600
Previous Owner Hughes Robert $312,000
Previous Owner Melendrez Ricky L $425,520
Closed Melendrez Ricky L $79,785
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2012 09/27/12 Sold $388,000 -6.5% $153 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
08/03/2012 08/03/12 Price Changed $415,000 -1.2% $163 / Sq Ft
07/25/2012 07/25/12 Price Changed $420,000 -1.2% $165 / Sq Ft
06/15/2012 06/15/12 Price Changed $425,000 -5.6% $167 / Sq Ft
06/05/2012 06/05/12 Price Changed $450,000 -5.3% $177 / Sq Ft
05/18/2012 05/18/12 For Sale $475,000 -- $187 / 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 $6,009 $50,729 -- --
2024 $5,532 $48,313 -- --
2023 $5,532 $72,520 $14,500 $58,020
2022 $5,349 $62,250 $12,450 $49,800
2021 $5,401 $56,170 $11,230 $44,940
2020 $5,307 $48,900 $9,780 $39,120
2019 $5,177 $47,600 $9,520 $38,080
2018 $5,035 $45,760 $9,150 $36,610
2017 $4,770 $42,660 $8,530 $34,130
2016 $4,585 $42,310 $8,460 $33,850
2015 $4,227 $31,450 $6,290 $25,160
Source: Public Records

Agents Affiliated with this Home

  • Nathan Martinez

    Seller's Agent in 2012

    Nathan Martinez

    RE/MAX

    (800) 966-4019

    4 in this area

    207 Total Sales

    Nathan Martinez
    Section Image
  • tim kelley

    Buyer's Agent in 2012

    tim kelley

    Award Realty

    3 Total Sales

    tim kelley
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4761305

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-20-104

Arizona Maricopa County Phoenix 85012 Alhambra

520 E Adair Dr, 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

Nearby Homes