NOT LISTED FOR SALE

Estimated Value: $776,895 - $856,000

4 Beds
2 Baths
2,210 Sq Ft
$371/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $440,000 $199 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,816/month

7 Days on Market

Highlights

  • Private Pool
  • Waterfront
  • Community Lake
  • Legend Springs Elementary School Rated A
  • Mountain View
  • Santa Barbara Architecture

About This Home

As of August 2016

Lovely single level waterfront home with North/South exposure. Great long lake water views in 2 directions and fantastic mountain views as well. Home has been nicely updated with a very open floorplan and soaring ceilings. Immaculate outdoor patio and pool area complete with an oversized dock and built in BBQ. This home has it all, including stainless steel appliances, granite countertops and a 3-car garage. NO INTERIOR STEPS, ALL ON ONE LEVEL!

Last Agent to Sell the Property

Karen Ortega Matson

RE/MAX Fine Properties License #SA637460000 Listed on: 08/02/2016

RE/MAX Fine Properties

Co-Listed By

Sharon Matson

Re/Max Fine Properties License #BR645278000

Last Buyer's Agent

Karen Ortega Matson

RE/MAX Fine Properties License #SA637460000 Listed on: 08/02/2016

RE/MAX Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,483

Year Built

  • Built in 1995

Lot Details

  • 7,200 Sq Ft Lot
  • Waterfront
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 3 Car Garage

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,210 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Private Pool

Community Details

  • Property has a Home Owners Association
  • Arrowhead Lakes Association, Phone Number (623) 322-8507
  • Built by Lennar
  • Arrowhead Lakes Unit 5A Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 200-23-871

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,483

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 59th Ave and the 101 Frwy
  • Legal Info Range: 2E
  • Property Type: Residential
  • 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 Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2015
  • Directions: 59th Ave North to Arrowhead Lakes Dr., East to 55th Ave., South to Monona, West to property.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: rmxrc01
  • Co List Office Phone: 623-242-5100
  • Subdivision Name: ARROWHEAD LAKES UNIT 5A
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 223.5
  • Dining Area:Breakfast Bar: Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 2210.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • View: Mountain(s)
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Quarterly
  • Association Name: Arrowhead Lakes
  • Phone: 623-322-8507
  • 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
  • Association Fees:HOA Telephone4: 623-322-8507
  • 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_: $

Schools

  • Elementary School: Legend Springs Elementary
  • High School: Mountain Ridge High School
  • Middle Or Junior School: Hillcrest Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7200.0
  • Parcel #: 200-23-871
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 3483.0
  • Tax Book Number: 200.00
  • Tax Lot: 39
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2016
Closed on
Aug 16, 2016
Sold by
Merkel Warren and Merkel Michelle
Bought by
Zekno Roy and Zenko Andrea
Seller's Agent
Karen Ortega Matson
RE/MAX Fine Properties
Buyer's Agent
Karen Ortega Matson
RE/MAX Fine Properties
List Price
$448,000
Sold Price
$440,000
Premium/Discount to List
-$8,000
-1.79%
Current Estimated Value
$819,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,724
Avg. Annual Appreciation
7.36%

Purchase Details

Listed on
Jun 25, 2013
Closed on
Jun 27, 2013
Sold by
Guido Peter M and Guido Barbara G
Bought by
Merkel Warren and Merkel Michelle
Seller's Agent
Karen Ortega Matson
RE/MAX Fine Properties
Buyer's Agent
Karen Ortega Matson
RE/MAX Fine Properties
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$225,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 1997
Sold by
Petesch Daniel J and Petesch Diane M
Bought by
Guido Peter M and Guido Barbara G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,700
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 1996
Sold by
Lennar Homes Of Arizona Inc
Bought by
Petesch Daniel J and Petesch Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Zekno Roy $440,000 Fidelity Natl Title Agency I
Merkel Warren $375,000 Dhi Title Agency
Guido Peter M $231,000 Ati Title Agency
Petesch Daniel J $191,635 First Southwestern Title
Lennar Homes Of Arizona Inc -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merkel Warren $225,000
Previous Owner Guido Peter M $161,700
Previous Owner Petesch Daniel J $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $440,000 -1.8% $199 / Sq Ft
07/26/2016 07/26/16 For Sale $448,000 +19.5% $203 / Sq Ft
06/28/2013 06/28/13 Sold $375,000 -2.6% $170 / Sq Ft
06/24/2013 06/24/13 For Sale $385,000 -- $174 / 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 $4,301 $44,965 -- --
2024 $4,261 $42,824 -- --
2023 $4,261 $58,480 $11,690 $46,790
2022 $4,157 $44,950 $8,990 $35,960
2021 $4,299 $41,050 $8,210 $32,840
2020 $4,252 $36,310 $7,260 $29,050
2019 $4,150 $34,310 $6,860 $27,450
2018 $4,055 $33,570 $6,710 $26,860
2017 $3,949 $32,060 $6,410 $25,650
2016 $3,765 $31,720 $6,340 $25,380
2015 $3,483 $32,080 $6,410 $25,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5478425

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-23-871