NOT LISTED FOR SALE

Estimated Value: $919,000 - $1,124,440

4 Beds
2.5 Baths
2,700 Sq Ft
$376/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $1,125,000 $417 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $6,046/month

46 Days on Market

Highlights

  • Golf Course Community
  • Play Pool
  • Waterfront
  • Legend Springs Elementary School Rated A
  • Solar Power System
  • Mountain View

About This Home

As of January 2024

Situated on a premium waterfront, cul-de-sac lot, this Arrowhead Lakes home is surrounded by panoramic lake and mountain views. EXTENSIVE design and remodel just completed! New roof, redesigned gourmet chef's kitchen with GE Cafe SS appliances, custom cabinetry featuring an oversized island with waterfall edge in Calacatta quartz. Beautiful, engineered hardwood throughout with craftsman baseboards and trim. Master conveniently located downstairs with direct patio access, custom closet, oversized walk-in shower, and a soaking tub. Upstairs features a loft and every bedroom offers walk-in closets. Completely redone, low maintenance backyard with artificial turf and travertine, extended covered paver patio, built-in grill, and direct lake access with a private boat dock.

Last Agent to Sell the Property

Jennifer Brandt

HomeSmart License #SA663724000 Listed on: 11/30/2023

HomeSmart

Last Buyer's Agent

Frank Russo

RE/MAX Professionals License #BR019595000

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,125

Year Built

  • Built in 1995

Lot Details

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

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Roof Updated in 2023
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Kitchen Updated in 2023
  • Eat-In Kitchen
  • Gas Cooktop
  • <<builtInMicrowave>>
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Floors Updated in 2023
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom Updated in 2023
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Eco-Friendly Details

  • Solar Power System

Outdoor Features

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

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 200-23-868

Community Details

Overview

  • Association fees include ground maintenance
  • Aam Association, Phone Number (602) 957-9191
  • Built by Lennar
  • Arrowhead Lakes Unit 5A Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,125

Year Built

Built in 1995

Lot Details

0

HOA Fees

$77 per month

Parking

3

Listing Details

  • Cross Street: 59th Avenue and Beardlsey
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 76.73
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2023
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2023
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2016
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2023
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2019
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2023
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Tax Year: 2023
  • Directions: Off 101 FWY take 59th Ave exit and go north. East (right) on W Arrowhead Lakes Dr. Turn right on N 55th Ave. Right on Monona Dr. House is in the cul-de-sac on the right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: ARROWHEAD LAKES UNIT 5A
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 230.2
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Master Downstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2700.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Built-in Barbecue
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Private
  • View: Mountain(s)
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks), Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Lake, Playground, Biking/Walking Path
  • Association Fee: 230.2
  • Association Fee Frequency: Quarterly
  • Association Name: Arrowhead Lakes HOA
  • Phone: 602-216-7538
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Arrowhead Lakes HOA
  • Association Fees:HOA Telephone4: 602-216-7538
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 230.2
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:HOA Management Phone: 602-957-9191

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 #: 200-23-868

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 4125.0
  • Tax Book Number: 200.00
  • Tax Lot: 36
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Feb 2, 2024
Sold by
Edwards Joshua and Edwards Kathryn
Bought by
Frank Russo Separate Property Trust and Lori Stasinos Separate Property Trust
Seller's Agent
Jennifer Brandt
HomeSmart
Buyer's Agent
Frank Russo
RE/MAX Professionals
List Price
$1,199,000
Sold Price
$1,125,000
Premium/Discount to List
-$74,000
-6.17%
Views
79
Current Estimated Value
$1,015,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,890
Avg. Annual Appreciation
-6.84%
Original Mortgage
$360,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2023
Closed on
Oct 6, 2023
Sold by
Kottmann Family Trust
Bought by
Edwards Joshua and Edwards Kathryn
Seller's Agent
Gabriel Lucatero-Solis
HomeSmart
Buyer's Agent
Jennifer Brandt
HomeSmart
List Price
$849,900
Sold Price
$843,000
Premium/Discount to List
-$6,900
-0.81%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.40%
Original Mortgage
$737,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2005
Sold by
Kottmann Kenneth F and Kottmann Jacqueline J
Bought by
Kottmann Kenneth F and Kottmann Jacqueline J

Purchase Details

Closed on
Mar 29, 1996
Sold by
Lennar Homes Of Arizona Inc
Bought by
Kottmann Kenneth F and Kottmann Jacqueline J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
7.34%
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
Frank Russo Separate Property Trust $1,125,000 Title Alliance Professionals
Edwards Joshua $843,000 Chicago Title Agency
Kottmann Kenneth F -- --
Kottmann Kenneth F $206,536 First Southwestern Title
Lennar Homes Of Arizona Inc -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Russo Separate Property $800,000
Closed Frank Russo Separate Property Trust $360,000
Closed Frank Russo Separate Property $360,000
Previous Owner Edwards Joshua $737,000
Previous Owner Kottmann Kenneth F $136,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $1,125,000 -6.2% $417 / Sq Ft
01/16/2024 01/16/24 For Sale $1,199,000 0.0% $444 / Sq Ft
01/11/2024 01/11/24 Off Market $1,199,000 -- --
01/03/2024 01/03/24 Price Changed $1,199,000 -3.2% $444 / Sq Ft
12/07/2023 12/07/23 Price Changed $1,239,000 0.0% $459 / Sq Ft
12/07/2023 12/07/23 For Sale $1,239,000 +10.1% $459 / Sq Ft
12/07/2023 12/07/23 Off Market $1,125,000 -- --
12/01/2023 12/01/23 For Sale $1,295,000 +53.6% $480 / Sq Ft
10/06/2023 10/06/23 Sold $843,000 -0.8% $312 / Sq Ft
08/25/2023 08/25/23 For Sale $849,900 -- $315 / 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 $4,169 $49,856 -- --
2024 $4,125 $47,482 -- --
2023 $4,125 $61,170 $12,230 $48,940
2022 $4,009 $46,830 $9,360 $37,470
2021 $4,166 $45,480 $9,090 $36,390
2020 $4,114 $40,480 $8,090 $32,390
2019 $4,002 $38,620 $7,720 $30,900
2018 $3,897 $38,060 $7,610 $30,450
2017 $3,779 $36,530 $7,300 $29,230
2016 $3,574 $36,210 $7,240 $28,970
2015 $3,285 $36,870 $7,370 $29,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6634130

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-23-868