NOT LISTED FOR SALE

Estimated Value: $1,028,000 - $1,125,000

4 Beds
2.5 Baths
3,314 Sq Ft
$321/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $650,000 $196 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,165/month

Highlights

  • Private Pool
  • Waterfront
  • Community Lake
  • Legend Springs Elementary School Rated A
  • Mountain View
  • Vaulted Ceiling

About This Home

As of November 2019

Exceptional opportunity to own this stunning lakefront property in the highly sought after community of Arrowhead Lakes. This lovely home features 4 bedrooms, 2.5 baths and 3,314 square feet of gracious living as well as over 150 feet of lake frontage in one of the best back yards in all of Arrowhead Lakes. Commanding front entrance leads you into this home where you will step into your formal living/dining room with vaulted ceilings, plantation shutters arched doorways and a graceful staircase leading to the upstairs bedroom/loft area. Follow through to the family room with a fireplace and interesting architectural niches. Beautifully remodeled kitchen with rich designer cabinets, upgraded appliances, granite counter tops, tile backsplash, kitchen island, counter seating and a great space for family dining overlooking the lake. Great layout with the master bedroom suite downstairs complete with a stunning fully remodeled bath featuring a soaking tub with tile accents, large glass walk in shower, dual vanities with gorgeous cabinetry and sconce lighting and a large walk in closet. This home has a fantastic loft/gameroom area that opens to a balcony overlooking the drop dead gorgeous mountain and lake views. Outstanding outdoor living in this home with a large covered patio where you can take in the amazing view, lush grassy area, gorgeous heated pool and large spa with a natural rock water fall positioned perfectly so it doesn't take anything away from your picturesqe surroundings, built in BBQ, Fire pit and putting green. Oh, don't forget the huge boat dock!! With the perfect location - close to shopping, schools, restaurants, and freeway access - this home truly does have it all.

Last Agent to Sell the Property

Nathan Martinez

RE/MAX Professionals License #BR027768000 Listed on: 09/30/2019

RE/MAX Professionals

Last Buyer's Agent

Karen Ortega Matson

RE/MAX Fine Properties License #SA637460000

RE/MAX Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,910

Year Built

  • Built in 1997

Lot Details

  • 0.25 Acre Lot
  • Waterfront
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,314 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Mountain Views

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Schools

  • Legend Springs Elementary School
  • Hillcrest Middle School
  • Mountain Ridge High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Arrowhead Lakes HOA, Phone Number (602) 957-9191
  • Built by Courtland Homes
  • Arrowhead Lakes Unit 6B Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 231-13-627

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,910

Year Built

Built in 1997

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Cross Street: 101 & 51st
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 74.5
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: North on 51st Ave, West on Tonopah Drive, North on 53rd Ave, East on Mohawk Lane to home.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.25
  • Subdivision Name: ARROWHEAD LAKES UNIT 6B
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 223.5
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Private
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3314.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Loft: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Built-in Barbecue
  • Lot Features: Waterfront Lot, Desert Back, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • View: Mountain(s)
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: 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
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 223.5
  • Association Fee Frequency: Quarterly
  • Association Name: Arrowhead Lakes HOA
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Arrowhead Lakes HOA
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Legend Springs Elementary
  • High School: Mountain Ridge High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Hillcrest Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10863.0
  • Parcel #: 231-13-627

Building Info

  • Builder Name: Courtland Homes

Tax Info

  • Tax Annual Amount: 4910.0
  • Tax Book Number: 231.00
  • Tax Lot: 89
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2021
Sold by
Patel Vishal B and Patel Pallavi V
Bought by
Patel Vishal B and Patel Pallavi V
Current Estimated Value
$1,064,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$353,338
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$711,084

Purchase Details

Listed on
Sep 30, 2019
Closed on
Nov 13, 2019
Sold by
Patel Vishal B and Patel Pallavi V
Bought by
Patel Vishal B and Patel Pallavi V
Seller's Agent
Nathan Martinez
RE/MAX Professionals
Buyer's Agent
Karen Ortega Matson
RE/MAX Fine Properties
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$520,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2019
Closed on
Oct 15, 2019
Sold by
Brinkman Daniel J and Brinkman Jill A
Bought by
Patel Vishal B and Patel Pallavi V
Seller's Agent
Nathan Martinez
RE/MAX Professionals
Buyer's Agent
Karen Ortega Matson
RE/MAX Fine Properties
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2005
Sold by
Brinkman Daniel J and Brinkman Jill A
Bought by
Brinkman Daniel J and Brinkman Jill A

Purchase Details

Closed on
Mar 13, 1997
Sold by
Courtland Homes Inc
Bought by
Brinkman Daniel J and Brinkman Jill A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
7.9%
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
Patel Vishal B -- Pioneer Title Agency Inc
Patel Vishal B -- None Available
Patel Vishal B $650,000 Title Alliance Professionals
Brinkman Daniel J -- --
Brinkman Daniel J $341,502 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Vishal B $480,000
Closed Patel Vishal B $520,000
Previous Owner Brinkman Daniel J $214,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2019 11/13/19 Sold $650,000 0.0% $196 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $650,000 -- $196 / 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 $5,092 $59,513 -- --
2024 $5,040 $56,679 -- --
2023 $5,040 $71,760 $14,350 $57,410
2022 $4,902 $55,330 $11,060 $44,270
2021 $5,090 $53,950 $10,790 $43,160
2020 $5,027 $46,630 $9,320 $37,310
2019 $4,910 $44,550 $8,910 $35,640
2018 $4,859 $44,160 $8,830 $35,330
2017 $4,716 $42,760 $8,550 $34,210
2016 $4,468 $42,370 $8,470 $33,900
2015 $4,089 $43,230 $8,640 $34,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5985197

Arizona Regional Multiple Listing Service (ARMLS)

APN: 231-13-627