NOT LISTED FOR SALE

540 W Rancho Dr Phoenix, AZ 85013

Estimated Value: $1,076,000 - $1,247,000

4 Beds
2 Baths
2,964 Sq Ft
$389/Sq Ft Est. Value

Last Sold September 27, 2017

Last sale price $650,000 $219 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,853/month

2 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Granite Countertops
  • Madison Richard Simis School Rated A-
  • Corner Lot
  • No HOA

About This Home

As of September 2017

Absolutely gorgeous traditional Ranch in the North Central Corridor ''between the 7's.'' Lots of tasteful updating and remodeling give this home a warm, elegant feel. The remodeled kitchen opens to the family room, which features built in cabinetry and shelving. The family room extends to a wall of north-facing double French doors that lead to the covered patio, pool and outdoor barbeque. It's a terrific flow for comfortable living and entertaining. The lot is nearly 19,000 square feet and has flood irrigation; it's a lush, private retreat. There is a workshop at the back of the garage - great storage space if you don't need work area. Located minutes from great dining options, the light rail station, downtown and the bridle path on Central Avenue. Top rated Madison schools.

Last Agent to Sell the Property

Tom Bryant

HomeSmart License #SA025366000 Listed on: 07/29/2017

HomeSmart

Co-Listed By

Patrick Martin

HomeSmart License #SA035445000

Last Buyer's Agent

Joanne Foster

Compass License #BR578361000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,658

Year Built

  • Built in 1953

Lot Details

  • 0.43 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,964 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Private Pool
  • Covered patio or porch
  • Built-In Barbecue

Schools

  • Madison Richard Simis Elementary School
  • Madison Meadows Middle School
  • Central High School

Utilities

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

Additional Features

  • Accessible Hallway
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Vallombrosa Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 2
  • Assessor Parcel Number 162-30-035-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,658

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Bethany Home Rd and 7th Avenue
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2007
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2009
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2007
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2002
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2010
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1953
  • Tax Year: 2016
  • Directions: South two blocks on 7th Ave to Rancho, east to property. If driving from the east, Bethany Home Rd to 5th Avenue, south to Rancho, west to property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.43
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: VALLOMBROSA
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Accessible Hallway(s)
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 2964.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18814.0
  • Parcel #: 162-30-035-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 3658.0
  • Tax Block: 2
  • Tax Book Number: 162.00
  • Tax Lot: 6
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2017
Closed on
Sep 20, 2017
Sold by
Bell Mary M
Bought by
Carlson Brian M and Corcoran Kathleen A
Seller's Agent
Tom Bryant
HomeSmart
Buyer's Agent
Joanne Foster
Compass
List Price
$650,000
Sold Price
$650,000
Total Days on Market
2
Current Estimated Value
$1,154,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,301
Avg. Annual Appreciation
7.53%
Original Mortgage
$487,500
Outstanding Balance
$412,785
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$724,303

Purchase Details

Closed on
Apr 10, 2003
Sold by
Bell Stan Thomas and Bell Mary Marjorie
Bought by
Bell Stan T and Bell Mary M

Purchase Details

Closed on
Apr 29, 1998
Sold by
Wright Virginia K Goodbar and Goodbar Virginia
Bought by
Bell Stan Thomas and Bell Mary Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
7.06%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Carlson Brian M $650,000 Premier Title Agency
Bell Stan T -- --
Bell Stan Thomas $189,500 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Brian M $487,500
Previous Owner Bell Mary M $50,000
Previous Owner Bell Stan Thomas $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2017 09/27/17 Sold $650,000 0.0% $219 / Sq Ft
07/29/2017 07/29/17 For Sale $650,000 -- $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 $4,473 $40,843 -- --
2024 $4,337 $38,898 -- --
2023 $4,337 $73,560 $14,710 $58,850
2022 $4,190 $54,750 $10,950 $43,800
2021 $4,270 $51,200 $10,240 $40,960
2020 $4,201 $50,380 $10,070 $40,310
2019 $4,106 $46,820 $9,360 $37,460
2018 $3,998 $43,910 $8,780 $35,130
2017 $3,796 $40,980 $8,190 $32,790
2016 $3,658 $37,200 $7,440 $29,760
2015 $3,404 $32,900 $6,580 $26,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5639698

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-30-035A