NOT LISTED FOR SALE

Estimated Value: $309,000 - $332,000

3 Beds
2 Baths
1,366 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 28, 2012

Last sale price $85,000 $62 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $1,840/month

58 Days on Market

Highlights

  • Clubhouse
  • Heated Community Pool
  • Breakfast Bar
  • Franklin at Brimhall Elementary School Rated A
  • Covered patio or porch
  • Ceiling Fan

About This Home

As of February 2012

This 3 bedroom, 1.75 bathroom home offers approximately 1,366 square feet on a North/South exposure lot. The open great room has numerous windows for plenty of natural lighting. The nearby formal dining room is mere steps from the kitchen that showcases charming cabinetry and tiled countertops. The sizable guest bedrooms each provide ample closest space. The spacious master bedroom features plush neutral carpeting while the master bathroom showcases delightful tiled countertops. The Arizona Room offers its own private exit to the backyard. The cozy covered patio overlooks the airy backyard that features mature fruit trees and low maintenance desert landscaping. The community even provides a clubhouse, pool and spa!

Last Agent to Sell the Property

Jason Penrose

eXp Realty License #BR518159000 Listed on: 11/17/2011

eXp Realty

Last Buyer's Agent

Tonya Wellman

HomeSmart License #SA507804000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $755

Year Built

  • Built in 1968

Lot Details

  • 7,518 Sq Ft Lot
  • Desert faces the front and back of the property
  • Chain Link Fence

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,366 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Breakfast Bar

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 860
  • Assessor Parcel Number 141-47-387

Community Details

Overview

  • Association fees include ground maintenance
  • Dreamland Villa Association, Phone Number (480) 832-3461
  • Built by Farnsworth
  • Dreamland Villa 8 Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$755

Year Built

Built in 1968

Lot Details

0

HOA Fees

$9 per month

Parking

2

Listing Details

  • Cross Street: University Dr. & Higley Rd.
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Total Monthly Fee Equivalent: 9.16
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2011
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2011
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1968
  • Tax Year: 2011
  • Directions: From University Drive, proceed North on Higley Road. East on Dallas Street. North on Higley Access Road. East on Dodge Street to property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Dreamland Villa 8
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 110.0
  • 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, Linoleum
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1366.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 110.0
  • Association Fee Frequency: Annually
  • Association Name: Dreamland Villa
  • Phone: 480-832-3461
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Dreamland Villa
  • Association Fees:HOA Telephone4: 480-832-3461
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Adult
  • High School: Adult
  • Junior High Dist: Out of Area
  • Middle Or Junior School: Adult

Lot Info

  • Lot Size Sq Ft: 7518.0
  • Parcel #: 141-47-387
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Farnsworth

Tax Info

  • Tax Annual Amount: 755.0
  • Tax Book Number: 141.00
  • Tax Lot: 860
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2013
Sold by
Velleman James C and Velleman Barbara K
Bought by
Velleman James C and Velleman Barbara K
Current Estimated Value
$317,373

Purchase Details

Listed on
Nov 17, 2011
Closed on
Feb 23, 2012
Sold by
Ferry Marion and Ferry Marion I
Bought by
Velleman James C and Velleman Barbara K
Seller's Agent
Jason Penrose
eXp Realty
Buyer's Agent
Tonya Wellman
HomeSmart
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%
Original Mortgage
$63,750
Outstanding Balance
$44,514
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$273,894

Purchase Details

Listed on
Nov 17, 2011
Closed on
Jan 23, 2012
Sold by
Wessels Deloris I
Bought by
Ferry Marion and Ferry Marion I
Seller's Agent
Jason Penrose
eXp Realty
Buyer's Agent
Tonya Wellman
HomeSmart
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Outstanding Balance
$44,514
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$273,894

Purchase Details

Closed on
Jul 10, 2010
Sold by
Estate Of Marion Castle
Bought by
Ferry Marion and Ferry Family Trust Greement

Purchase Details

Closed on
Jun 30, 2010
Sold by
Estate Of Donald F Wessels
Bought by
Ferry Marion and Ferrry Family Trust

Purchase Details

Closed on
Jun 15, 2000
Sold by
Begay Alexander
Bought by
Begay Denise A

Purchase Details

Closed on
Mar 30, 2000
Sold by
Alcock Maryilyn Irene and Castle Richard Lyonel
Bought by
Ferry Marion I and Ferry Family Trust

Purchase Details

Closed on
Nov 11, 1998
Sold by
Ferry Marion I and Wessels Russell
Bought by
Ferry Marion I and Ferry Family Trust

Purchase Details

Closed on
Aug 4, 1995
Sold by
Wessels Donald F
Bought by
Wessels Donald F and Donald F Wessels Living Trust
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
Velleman James C -- None Available
Velleman James C $85,000 Great American Title Agency
Ferry Marion -- Great American Title Agency
Ferry Marion -- None Available
Ferry Marion -- None Available
Begay Denise A -- Security Title Agency
Ferry Marion I -- --
Ferry Marion I -- --
Wessels Donald F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velleman James C $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2012 02/28/12 Sold $85,000 -5.5% $62 / Sq Ft
01/14/2012 01/14/12 Pending -- -- --
11/17/2011 11/17/11 For Sale $89,900 -- $66 / 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 $932 $11,109 -- --
2024 $982 -- -- --
2023 $982 $25,270 $5,050 $20,220
2022 $959 $19,270 $3,850 $15,420
2021 $968 $17,360 $3,470 $13,890
2020 $959 $14,910 $2,980 $11,930
2019 $891 $13,460 $2,690 $10,770
2018 $866 $12,120 $2,420 $9,700
2017 $841 $10,700 $2,140 $8,560
2016 $764 $10,100 $2,020 $8,080
2015 $767 $9,600 $1,920 $7,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4678054

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-47-387