NOT LISTED FOR SALE

5204 E Wallace Ave Scottsdale, AZ 85254

Paradise Valley Village Neighborhood

Estimated Value: $1,118,960 - $1,184,000

4 Beds
2 Baths
2,808 Sq Ft
$410/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $405,000 $144 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $6,544/month

13 Days on Market

Highlights

  • RV Gated
  • Sitting Area In Primary Bedroom
  • Corner Lot
  • North Ranch Elementary School Rated A
  • 0.28 Acre Lot
  • No HOA

About This Home

As of February 2013

Gorgeous 4 bedroom 2 bath home in ideal Scottsdale location. Featuring a light, open and very comfortable floor plan with large rooms and lots of storage space. There is also a bonus room off the garage that can be used as a workout/craft room, for storage, etc. The large lot is family friendly with lots of grass, fruit trees and the RV gate and pass through 3rd car garage are ideal for the grown-up toys.

Last Agent to Sell the Property

Bryan Rice

Genesys Property & Investment License #BR008983000 Listed on: 01/18/2013

Last Buyer's Agent

Jessica Fairbanks

Realty ONE Group License #SA100946000

Realty ONE Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,767

Year Built

  • Built in 1998

Lot Details

  • 0.28 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • RV Gated

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,808 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Gazebo
  • Outdoor Storage

Schools

  • North Ranch Elementary School
  • Desert Shadows Elementary Middle School
  • Horizon High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Nicholas Court Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 215-89-153

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,767

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 52nd Street & Bell Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Tax Year: 2012
  • Directions: South to Wallace Ave (2nd Street South of Bell), East to property.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.28
  • Subdivision Name: Nicholas Court
  • Efficiency: Multi-Zones
  • ResoBuildingAreaSource: Appraiser
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Laminate, Tile
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2808.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Gazebo/Ramada, Patio, Storage
  • Lot Features: Corner Lot, Desert Front, Grass Back
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

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

Schools

  • Elementary School: North Ranch Elementary School
  • High School: Horizon School
  • Middle Or Junior School: Desert Shadows Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12005.0
  • Parcel #: 215-89-153
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2767.0
  • Tax Book Number: 215.00
  • Tax Lot: 6
  • Tax Map Number: 89.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2013
Closed on
Feb 27, 2013
Sold by
First International Bank & Trust
Bought by
Rief Brad A and Rief Kristen E
Seller's Agent
Bryan Rice
Genesys Property & Investment
Buyer's Agent
Jessica Fairbanks
Realty ONE Group
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%
Current Estimated Value
$1,149,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,990
Avg. Annual Appreciation
8.67%
Original Mortgage
$324,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2009
Sold by
Northern Trust
Bought by
First International Bank & Trust and The Kayra Young Irrevocable Support Trus

Purchase Details

Closed on
Jul 16, 2009
Sold by
Wallace Blaine
Bought by
Northern Trust

Purchase Details

Closed on
Apr 22, 2008
Sold by
Wallace Marianne
Bought by
Wallace Blaine

Purchase Details

Closed on
Jun 4, 2003
Sold by
Mclaughlin Elaine
Bought by
Wallace Blaine and Wallace Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.26%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 9, 2002
Sold by
Mclaughlin Elaine
Bought by
Mclaughlin Elaine and Wallace Blaine C

Purchase Details

Closed on
Jan 3, 2002
Sold by
Mclaughlin Steven
Bought by
Mclaughlin Elaine Holbert

Purchase Details

Closed on
Aug 17, 2000
Sold by
Cash Daniel J
Bought by
Holbert Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 1998
Sold by
Sequoia Homes Inc
Bought by
Cash Daniel J and Cash Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,565
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 1998
Sold by
Michael Nicholas Inc
Bought by
Sequoia Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,565
Interest Rate
6.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Rief Brad A $405,000 Security Title Agency
First International Bank & Trust -- Stewart Title & Trust Of Pho
Northern Trust $410,000 Stewart Title & Trust Of Pho
Wallace Blaine -- First American Title
Wallace Blaine -- --
Mclaughlin Elaine -- First American Title Ins Co
Mclaughlin Elaine Holbert -- First American
Holbert Elaine $280,000 Fidelity National Title
Cash Daniel J $231,565 North American Title Agency
Sequoia Homes Inc -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rief Brad A $271,600
Closed Rief Brad A $324,000
Previous Owner Wallace Blaine C $25,000
Previous Owner Holbert Elaine $180,000
Previous Owner Cash Daniel J $161,565
Previous Owner Sequoia Homes Inc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $405,000 +1.5% $144 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $399,000 -- $142 / 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 $3,923 $45,435 -- --
2024 $3,828 $43,271 -- --
2023 $3,828 $75,380 $15,070 $60,310
2022 $3,783 $54,870 $10,970 $43,900
2021 $3,796 $49,250 $9,850 $39,400
2020 $3,660 $46,080 $9,210 $36,870
2019 $3,666 $44,670 $8,930 $35,740
2018 $3,526 $41,450 $8,290 $33,160
2017 $3,368 $40,110 $8,020 $32,090
2016 $3,314 $39,050 $7,810 $31,240
2015 $3,356 $37,300 $7,460 $29,840
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Bryan Rice

    Genesys Property & Investment

    Section Image
  • Jessica Fairbanks

    Buyer's Agent in 2013

    Jessica Fairbanks

    Realty One Group

    (602) 509-2244

    18 in this area

    99 Total Sales

    Jessica Fairbanks
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4876884

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-89-153

Arizona Maricopa County Scottsdale 85254 Paradise Valley Village

5204 E Wallace Ave, Scottsdale, AZ

This home is located at 5204 E Wallace Ave, Scottsdale, AZ 85254 since 18 January 2013 and is currently estimated at $1,149,990, approximately $409 per square foot. This property was built in 1998. 5204 E Wallace Ave is a home located in Maricopa County with nearby schools including North Ranch Elementary School, Desert Shadows Middle School, and Horizon 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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