NOT LISTED FOR SALE

5518 W Monona Dr Unit 5A Glendale, AZ 85308

Arrowhead Neighborhood

Estimated Value: $784,718 - $987,000

4 Beds
2.5 Baths
2,700 Sq Ft
$332/Sq Ft Est. Value

Last Sold June 24, 2013

Last sale price $427,500 $158 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $5,291/month

11 Days on Market

Highlights

  • Above Ground Spa
  • Waterfront
  • Community Lake
  • Legend Springs Elementary School Rated A
  • Mountain View
  • Vaulted Ceiling

About This Home

As of June 2013

Inspiring elements of 'Dream Come True' Arrowhead Lakes treasure. LOCATION, SERENITY,& LIFESTYLE APPEAL! Situatd on scenic 'Sunset Lake' Cul de Sac str, breathtkng long lake & mntn views, N/S orientatin + gorgeous bckyrd desgned for joyful lakefrnt living! Curb appealng, desert floral, shaded flgstne frnt walkwy entry. Stylish+functional 4 bdrm, 2.5 ba +Offce Loft +3cg flrpln w/ high/vaultd ceilngs, frnt of house plntn shtters, pictr wndws. Spacious Dwnstrs Mstr Bdrm Ste w/priv patio entry, jettd tub, cstm wlk-in closts + in all upstrs bdrms. Frml Liv/DinRm. Lkefrnt Grt Rm w/gas freplce openly connects Eat-in Ktchn w/rsed brkfst bar, just-new stnls stl appls. Refrig/frnt loadng wsher/dryr+ boat convey w full prce offer. Flgstn cov'd & extnd patio w/blt-in BBQ, curved knee wall w/gas frpit, and tiled above grnd spa, sundeck boat dock & pontoon! A visual feast lakefront gem!

Last Agent to Sell the Property

Patti Wells

Realty Executives Arizona Territory License #SA560963000 Listed on: 05/09/2013

Realty Executives Arizona Territory

Last Buyer's Agent

Patti Wells

AZ Brokerage Holdings, LLC License #SA560963000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,778

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

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave

Flooring

  • Wood
  • 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
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Above Ground Spa
  • Covered Patio or Porch
  • Fire Pit

Schools

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

Utilities

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

Community Details

  • Association fees include ground maintenance
  • Elite Community Mgmt Association, Phone Number (623) 322-8507
  • Built by Lennar
  • Arrowhead Lakes Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 200-23-870

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,778

Year Built

Built in 1995

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Cross Street: 59th Avenue and Arrowhead Lakes Drive
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: 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
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2012
  • Directions: North on 59th Ave, right (E) on Arrowhead Lakes Drive. South on N 55th Avenue to Mononoa. west to property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Arrowhead Lakes
  • Efficiency: Multi-Zones
  • Association Fees:HOA Fee2: 223.5
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Above Ground, Private
  • Appliances: Gas Cooktop, Electric Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2700.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 223.5
  • Association Fee Frequency: Quarterly
  • Association Name: Arrowhead Lakes HOA
  • Phone: 623-322-8507
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:HOA Transfer Fee2: 300.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Arrowhead Lakes HOA
  • 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:HOA Management Company: Elite Community Mgmt
  • Association Fees:HOA Management Phone: 623-322-8507
  • 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: 7200.0
  • Parcel #: 200-23-870

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 2777.84
  • Tax Book Number: 200.00
  • Tax Lot: 38
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2013
Closed on
May 23, 2013
Sold by
Castleberry James D
Bought by
Castleberry Sonia
Seller's Agent
Patti Wells
Realty Executives Arizona Territory
Buyer's Agent
Patti Wells
Realty Executives Arizona Territory
List Price
$435,000
Sold Price
$427,500
Premium/Discount to List
-$7,500
-1.72%
Current Estimated Value
$897,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,180
Avg. Annual Appreciation
6.27%
Original Mortgage
$418,815
Outstanding Balance
$297,471
Interest Rate
3.38%
Mortgage Type
VA
Estimated Equity
$600,209

Purchase Details

Listed on
May 9, 2013
Closed on
May 21, 2013
Sold by
Castleberry Sonia
Bought by
Hastings Jay and Hastings Kimberly
Seller's Agent
Patti Wells
Realty Executives Arizona Territory
Buyer's Agent
Patti Wells
Realty Executives Arizona Territory
List Price
$435,000
Sold Price
$427,500
Premium/Discount to List
-$7,500
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,815
Outstanding Balance
$297,471
Interest Rate
3.38%
Mortgage Type
VA
Estimated Equity
$600,209

Purchase Details

Closed on
Sep 16, 2011
Sold by
Campbell John W and Campbell Shelley M
Bought by
Castleberry James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,120
Interest Rate
4.09%
Mortgage Type
VA

Purchase Details

Closed on
Aug 31, 2011
Sold by
Castleberry Sonia
Bought by
Castleberry James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,120
Interest Rate
4.09%
Mortgage Type
VA

Purchase Details

Closed on
Mar 5, 2001
Sold by
Antinoro Vincent Paul John and Antinoro Laura Gail
Bought by
Campbell John W and Campbell Shelley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2000
Sold by
Antinoro Vincent P J and Antinoro Laura G
Bought by
Antinoro Vincent Paul John and Antinoro Laura Gail

Purchase Details

Closed on
Feb 7, 1996
Sold by
Lennar Communities Development Inc
Bought by
Lennar Homes Of Arizona Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,050
Interest Rate
7.14%
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
Castleberry Sonia -- First American Title Ins Co
Hastings Jay $427,500 First American Title Ins Co
Castleberry James D $390,000 North American Title Company
Castleberry James D -- North American Title Company
Campbell John W $317,000 First American Title
Antinoro Vincent Paul John -- --
Lennar Homes Of Arizona Inc -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hastings Jay $418,815
Previous Owner Castleberry James D $384,500
Previous Owner Castleberry James D $389,120
Previous Owner Castleberry James D $389,120
Previous Owner Campbell John W $296,902
Previous Owner Campbell John W $298,400
Previous Owner Campbell John W $42,000
Previous Owner Campbell John W $250,000
Previous Owner Antinoro Vincent P J $171,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2013 06/24/13 Sold $427,500 -1.7% $158 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $435,000 -- $161 / 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 $4,012 $48,219 -- --
2024 $3,970 $45,923 -- --
2023 $3,970 $57,280 $11,450 $45,830
2022 $3,858 $44,110 $8,820 $35,290
2021 $4,010 $42,980 $8,590 $34,390
2020 $3,959 $38,220 $7,640 $30,580
2019 $3,851 $36,400 $7,280 $29,120
2018 $3,749 $35,880 $7,170 $28,710
2017 $3,635 $34,380 $6,870 $27,510
2016 $3,437 $33,980 $6,790 $27,190
2015 $3,177 $34,320 $6,860 $27,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4933837

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-23-870