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
- Private Pool
- Waterfront
- Legend Springs Elementary School Rated A
- Solar Power System
- Mountain View
About This Home
As of January 2024Experience luxury living in Arrowhead Lakes; a prestigious community blending nature's beauty with sophistication. This lakefront gem offers tranquil living, stunning mountain views,& lakeside charm. Enjoy private dock access for boating & reflection. Inside; vaulted ceilings, & ample windows create a spacious, light-filled ambiance. A formal living room & cozy family room provide elegance & comfort. The open kitchen is perfect for family gatherings. The master suite downstairs features hardwood floors, granite countertops & spacious walk-in closet enhancing the suite. Outside boasts a refinished pool, mountain vistas, & sunsets. Upstairs, find a vast loft, perfect for remote work, & three bedrooms with scenic views offer peace. Enjoy lakes, golf, trails,& parks in this vibrant community!
Last Agent to Sell the Property
HomeSmart License #SA665192000 Listed on: 08/24/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,009
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
- Misting System
- Front and Back Yard Sprinklers
- Private Yard
HOA Fees
- $77 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- 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
- Living Room with Fireplace
- Mountain Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- <<builtInMicrowave>>
- ENERGY STAR Qualified Appliances
- Kitchen Island
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
- Bathtub With Separate Shower Stall
Pool
- Private Pool
- Pool Pump
Schools
- Legend Springs Elementary School
- Hillcrest Middle School
- Mountain Ridge High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Water Softener
- High Speed Internet
- Cable TV Available
Additional Features
- Solar Power System
- Covered patio or porch
Listing and Financial Details
- Tax Lot 36
- Assessor Parcel Number 200-23-868
Community Details
Overview
- Association fees include no fees
- 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: 6596931
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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