NOT LISTED FOR SALE

The Luxe at Desert Ridge (Phase 1 - 4) 5350 E Deer Valley Dr Unit 1402 Phoenix, AZ 85054

Desert Ridge Neighborhood

Estimated Value: $501,000 - $704,000

3 Beds
2 Baths
1,783 Sq Ft
$393/mo HOA Fee

Last Sold April 27, 2015

Last sale price $355,000 $199 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,578/month

273 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Parking
  • Desert Trails Elementary School Rated A
  • Gated with Attendant
  • Clubhouse

About This Home

As of April 2015

BRAND NEW, Furnished & very rare 3 bedroom, 2 bath condominium in Toscana! This corner location has lots of windows and looks just like the model with upgraded 20x20 tile in living room, dining area, kitchen and bathrooms, upgraded 42'' espresso maple cabinets, beautiful granite counter tops in kitchen AND bathrooms and Stainless Steel Appliances. This also has a double sized covered patio and 2 single parking spaces! Toscana is 24 Hour Guard Gated, has 2 heated resort style pools and spas, State of the Art Fitness Center, Steam Rooms, Full Time Concierge Director and Lifestyle Director, Night Managers, plus more! All this with golf, restaurants and shopping right across the street at City North and Desert Ridge Market Place.

Last Agent to Sell the Property

Dinita Frye

Statesman Sales and Marketing, LLC Listed on: 07/01/2014

Co-Listed By

James Morrison

Statesman Sales and Marketing, LLC License #BR553279000

Last Buyer's Agent

James Morrison

Statesman Sales and Marketing, LLC License #BR553279000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,584

Year Built

  • Built in 2009

Lot Details

  • 1,786

HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Parking Permit Required
  • Assigned Parking

Home Design

  • Santa Barbara Architecture
  • Foam Roof
  • Block Exterior
  • Stone Exterior Construction
  • Metal Construction or Metal Frame
  • Stucco

Interior Spaces

  • 1,783 Sq Ft Home
  • 4-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Low Emissivity Windows
  • Solar Screens

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

Location

  • Unit is below another unit
  • Property is near a bus stop

Schools

  • Desert Trails Elementary School
  • Explorer Middle School
  • Pinnacle High School

Utilities

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

Additional Features

  • No Interior Steps
  • Patio

Listing and Financial Details

  • Tax Lot 1402
  • Assessor Parcel Number 212-51-234

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, gas, trash, water, roof replacement, maintenance exterior
  • First Service Association, Phone Number (480) 585-0808
  • Desert Ridge Comm Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Built by Statesman
  • Toscana At Desert Ridge Subdivision, Calviano Floorplan

Amenities

  • Concierge
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Community Spa

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,584

Year Built

Built in 2009

Lot Details

0

HOA Fees

$393 per month

Parking

2

Listing Details

  • Cross Street: 56th Street and Deer Valley Drive
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: Desert Ridge Comm
  • HOA #2 Phone Number: 480-551-4300
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 393.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2009
  • Tax Year: 2013
  • Master Model: Calviano
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: stco01
  • Co List Office Phone: 480-767-5665
  • Subdivision Name: Toscana at Desert Ridge
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Builder
  • General Property Description:PriceSqFt: 199.1
  • Association Fees:HOA Fee2: 362.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1783.0
  • Stories: 4
  • Window Features: Sunscreen(s), Low-E
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: See Remarks, Other
  • Exterior Features: Patio
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: Neighbor Above
  • Construction Type: Stucco, Stone, Block, Frame - Metal
  • Roof: Foam
  • Construction:Block: Yes
  • Construction:Frame - Metal: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Gated, Permit Required
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:PermitDecal Req_squote_d: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Near Bus Stop, Community Media Room, Guarded Entry, Concierge, Clubhouse, Fitness Center
  • Amenities: Management
  • Association #2 Fee: 186.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 362.0
  • Association Fee Frequency: Monthly
  • Association: Desert Ridge Comm
  • Association Name: CCMC
  • Association Phone #2: 480-551-4300
  • Phone: 480-585-0808
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: CCMC
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1448.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fees:HOA Management Company 2: First Service
  • Association Fee Incl:Gas6: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Gas, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Desert Trails Elementary School
  • High School: Pinnacle High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Explorer Middle School

Lot Info

  • Land Lease: No
  • Parcel #: 212-51-234

Building Info

  • Builder Name: Statesman

Tax Info

  • Tax Annual Amount: 2584.08
  • Tax Book Number: 212.00
  • Tax Lot: 1402
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2016
Sold by
Riazi Homayoun and Riazi Kathleen L
Bought by
Riazi Homayoun and Riazi Kathleen L
Current Estimated Value
$564,255

Purchase Details

Listed on
Jul 1, 2014
Closed on
Apr 24, 2015
Sold by
Toscana Building 24 Llp
Bought by
Riazi Homayoun and Riazi Kathleen L
Seller's Agent
Dinita Frye
Statesman Sales and Marketing, LLC
Buyer's Agent
James Morrison
Statesman Sales and Marketing, LLC
List Price
$389,900
Sold Price
$355,000
Premium/Discount to List
-$34,900
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$319,500
Outstanding Balance
$246,492
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$317,763
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riazi Homayoun -- None Available
Riazi Homayoun $355,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riazi Homayoun $319,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2015 04/27/15 Sold $355,000 -6.6% $199 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
02/16/2015 02/16/15 Price Changed $379,900 -2.6% $213 / Sq Ft
07/01/2014 07/01/14 For Sale $389,900 -- $219 / 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 $2,598 $31,056 -- --
2024 $2,560 $29,577 -- --
2023 $2,560 $33,020 $6,600 $26,420
2022 $2,537 $27,120 $5,420 $21,700
2021 $2,578 $25,550 $5,110 $20,440
2020 $2,580 $25,260 $5,050 $20,210
2019 $2,592 $24,010 $4,800 $19,210
2018 $2,708 $24,800 $4,960 $19,840
2017 $2,619 $25,500 $5,100 $20,400
2016 $2,578 $24,850 $4,970 $19,880
2015 $2,391 $23,920 $4,780 $19,140
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Dinita Frye

    Statesman Sales and Marketing, LLC

  • J

    Seller Co-Listing Agent in 2015

    James Morrison

    Statesman Sales and Marketing, LLC

See All Agents

About The Luxe at Desert Ridge (Phase 1 - 4)

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5138456

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-51-234

Arizona Maricopa County Phoenix 85054 Desert Ridge

5350 E Deer Valley Dr Unit 1402, Phoenix, AZ

Not Listed for Sale

Condos

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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