5530 W Monona Dr Glendale, AZ 85308
Arrowhead Neighborhood
4
Beds
2.5
Baths
2,700
Sq Ft
7,200
Sq Ft Lot
Highlights
- Golf Course Community
- Play Pool
- Waterfront
- Legend Springs Elementary School Rated A
- Solar Power System
- Mountain View
About This Home
As of January 2024Situated 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
HomeSmart License #SA663724000 Listed on: 11/30/2023
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
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
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,125,000 | Title Alliance Professionals | |
| Warranty Deed | $843,000 | Chicago Title Agency | |
| Interfamily Deed Transfer | -- | -- | |
| Joint Tenancy Deed | $206,536 | First Southwestern Title | |
| Warranty Deed | -- | First Southwestern Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $800,000 | Credit Line Revolving | |
| Closed | $360,000 | New Conventional | |
| Closed | $360,000 | New Conventional | |
| Previous Owner | $737,000 | New Conventional | |
| Previous Owner | $136,500 | New Conventional |
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
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
-
Jennifer Brandt
J
Seller's Agent in 2024
Jennifer Brandt
HomeSmart
(623) 826-1512
8 in this area
43 Total Sales
-
Frank Russo
Buyer's Agent in 2024
Frank Russo
RE/MAX
(602) 739-2727
1 in this area
6 Total Sales
-
Gabriel Lucatero-Solis
G
Seller's Agent in 2023
Gabriel Lucatero-Solis
HomeSmart
3 in this area
34 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6634130
APN: 200-23-868
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.
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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