NOT LISTED FOR SALE

The Luxe at Desert Ridge (Phase 1 - 4) 5350 E Deer Valley Dr Unit 4397 Phoenix, AZ 85054

Desert Ridge Neighborhood

Estimated Value: $494,460 - $540,000

2 Beds
2 Baths
1,468 Sq Ft
$379/mo HOA Fee

Last Sold October 22, 2013

Last sale price $315,000 $215 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,313/month

22 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Parking
  • Desert Trails Elementary School Rated A
  • Gated with Attendant
  • Theater or Screening Room

About This Home

As of October 2013

TOP FLOOR Large Milano floorplan, 2 Bedroom 2 bathroom. North and West exposure and very close to main pool, fitness center and main amenity building. This is a nicely upgraded condominium in a great location. This one comes complete with brand new furniture, housewares, accessories, TV's etc. Ready for your perfect second home. Two heated pools with spas, full fitness center, Concierge Director, Guard Gated 24 hours and all within a short distance to Golf, Shopping and Restaurants in the Desert Ridge area.

Last Agent to Sell the Property

James Morrison

Statesman Sales and Marketing, LLC License #BR553279000 Listed on: 08/28/2013

Co-Listed By

Dinita Frye

Statesman Sales and Marketing, LLC

Last Buyer's Agent

Kurt Maes

Realty ONE Group License #SA515114000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,271

Year Built

  • Built in 2009

HOA Fees

Parking

  • 2 Car Garage
  • Tandem Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Permit Required
  • Assigned Parking

Home Design

  • Santa Barbara Architecture
  • Foam Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 1,468 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

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

Additional Features

  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 4397
  • Assessor Parcel Number 212-51-934

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, gas, trash, water, roof replacement, maintenance exterior
  • Capital Consultants Association, Phone Number (480) 585-0808
  • Rossmar & Graham Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Built by Statesman
  • Toscana At Desert Ridge Subdivision, Milano Floorplan

Amenities

  • Concierge
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,271

Year Built

Built in 2009

Lot Details

0

HOA Fees

$379 per month

Parking

2

Listing Details

  • Cross Street: 56th Street and Deer Valley Drive
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Rossmar & Graham
  • 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: Y
  • Recreation Center Paid Frequency: Annually
  • Total Monthly Fee Equivalent: 379.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2009
  • Tax Year: 2011
  • Master Model: Milano
  • 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
  • General Property Description:PriceSqFt: 214.58
  • Association Fees:HOA Fee2: 348.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: Other
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm
  • Living Area: 1468.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: 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:On-Site Guard: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: See Remarks, Other
  • Exterior Features: Balcony
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Steel Frame, Stone
  • Roof: Foam
  • Construction:Frame - Metal: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Tandem Garage, Gated, Garage Door Opener, Assigned, Permit Required
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:PermitDecal Req_squote_d: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa Htd, Near Bus Stop, Community Media Room, Guarded Entry, Concierge, Fitness Center
  • Association #2 Fee: 186.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 348.0
  • Association Fee Frequency: Monthly
  • Association: Rossmar & Graham
  • Association Name: Capital Consultants
  • 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: Capital Consultants
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1392.0
  • 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:Street Maint: Yes
  • 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 Fee Incl:Pest Control: Yes
  • Association Fee Incl:Gas6: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, 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 #: 212-51-934

Building Info

  • Builder Name: Statesman

Tax Info

  • Tax Annual Amount: 2271.0
  • Tax Book Number: 212.00
  • Tax Lot: 4397
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2016
Sold by
Hermsmeyer Joann
Bought by
Hermsmeyer Joann and Survivors Trust Created Under
Current Estimated Value
$520,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$187,795
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$332,570

Purchase Details

Closed on
Apr 4, 2016
Sold by
Friedman Sanford Z
Bought by
Hermsmeyer Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$187,795
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$332,570

Purchase Details

Listed on
Aug 28, 2013
Closed on
Oct 13, 2013
Sold by
Toscana Building 24 Llp
Bought by
Friedman Sanford Z and Friedman Shaw R
Seller's Agent
James Morrison
Statesman Sales and Marketing, LLC
Buyer's Agent
Kurt Maes
Realty ONE Group
List Price
$329,900
Sold Price
$315,000
Premium/Discount to List
-$14,900
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$252,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2012
Sold by
Goldfarb Mark and Goldarb Pamela
Bought by
Toscana Building 24 Llp

Purchase Details

Closed on
Nov 17, 2008
Sold by
Toscana Building 24 Llp
Bought by
Goldfarb Mark and Goldfarb Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.9%
Mortgage Type
New Conventional
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
Hermsmeyer Joann -- Accommodation
Hermsmeyer Joann $295,000 Great Amer Title Agency Inc
Friedman Sanford Z $315,000 Magnus Title Agency
Toscana Building 24 Llp $382,900 Magnus Title Agency
Goldfarb Mark $393,704 Guaranty Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hermsmeyer Joann $236,000
Previous Owner Friedman Sanford Z $252,000
Previous Owner Goldfarb Mark $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2013 10/22/13 Sold $315,000 -4.5% $215 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $329,900 -- $225 / 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 $2,509 $31,117 -- --
2024 $2,565 $29,635 -- --
2023 $2,565 $33,100 $6,620 $26,480
2022 $2,542 $27,170 $5,430 $21,740
2021 $2,583 $25,600 $5,120 $20,480
2020 $2,585 $25,310 $5,060 $20,250
2019 $2,597 $24,060 $4,810 $19,250
2018 $2,714 $24,850 $4,970 $19,880
2017 $2,625 $25,550 $5,110 $20,440
2016 $2,584 $24,900 $4,980 $19,920
2015 $2,808 $23,970 $4,790 $19,180
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    James Morrison

    Statesman Sales and Marketing, LLC

  • D

    Seller Co-Listing Agent in 2013

    Dinita Frye

    Statesman Sales and Marketing, LLC

  • Kurt Maes

    Buyer's Agent in 2013

    Kurt Maes

    Realty One Group

    (602) 363-4584

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

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4990119

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-51-934

Arizona Maricopa County Phoenix 85054 Desert Ridge

5350 E Deer Valley Dr Unit 4397, 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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