$550,000
SOLD DEC 28, 2017

5531 E Laurel Ln Scottsdale, AZ 85254

4 Beds
2.5 Baths
2,863 Sq Ft
0.4 Acres

Recently Sold

$192 Per Sq Ft

8% Below List Price

1 Day on Market

Highlights

  • 0.4 Acre Lot
  • Vaulted Ceiling
  • No HOA
  • Sequoya Elementary School Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of December 2021

WELCOME TO A GREAT NEIGHBORHOOD WITH A COMMUNITY CHRISTMAS PARTY, WHERE YOU KNOW YOUR MAILMAN , WALK THE DOG AND SAY HELLO TO FAMILIAR FACES WHILE THE KIDS RIDE BIKES . NO HOA . THIS HOME HAS A GOOD START ON REMODEL. THE SELLER RAISED THE FLOOR, NO MORE STEP DOWN, AND ADDED ENGINEERED WOOD PLUS SLATE FLOORS IN 2 BATHS. THE MASTER ENSUITE AND WALK IN ARE ORIGINAL AND NEED UPDATING. KITCHEN IS OPEN TO FAMILY ROOM WITH GAS FIREPLACE AND VAULTED BEAMED CEILING , GAS RANGE/MICROWAVE IS ORIGINAL. DEEP COVERED BACK PATIO AND A HUGE STORAGE/OFFICE SPACE . THE BACK YARD IS READY FOR CREATIVITY, ROOM FOR A SPORT COURT, POOL AND SPA.

Last Agent to Sell the Property

Laura Lee Cahal

Compass License #SA529556000 Listed on: 12/11/2017

Last Buyer's Agent

Elliot Barkan

Compass License #SA624021000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,804

Year Built

  • Built in 1980

Lot Details

  • 0.4 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,863 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Solar Screens
  • Laundry in unit

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Sequoya Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Built by MALOUF
  • Woodleaf 2 Lot 1 60 Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 167-40-044

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,804

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 56TH STREET & SHEA BLVD
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2017
  • Directions: NORTH ON 56TH STREET TO LAUREL LANE. WEST TO HOME ON LEFT.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.4
  • Subdivision Name: WOODLEAF 2 LOT 1-60
  • Architectural Style: Ranch
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2863.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Walk-in Pantry: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Other, See Remarks, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Sequoya Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17512.0
  • Parcel #: 167-40-044
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: MALOUF

Tax Info

  • Tax Annual Amount: 3804.0
  • Tax Book Number: 167.00
  • Tax Lot: 43
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Nov 23, 2021
Sold by
Carroll Crystal Scott and Carroll Scott M
Bought by
Lang Gregory A and Lang Loriann R
Seller's Agent
Yvonne Cahill
HomeSmart
Buyer's Agent
Barbara Lang
HomeSmart
List Price
$1,450,000
Sold Price
$1,287,500
Premium/Discount to List
-$162,500
-11.21%
Current Estimated Value
$1,477,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,582
Avg. Annual Appreciation
3.77%
Original Mortgage
$1,030,000
Outstanding Balance
$947,647
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$529,435

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jul 27, 2018
Sold by
Cal Hahn Development Company Inc
Bought by
Carroll Crystal Scott and Carroll Scott M
Seller's Agent
Elliot Barkan
Compass
Buyer's Agent
Sandon Nixon
Russ Lyon Sotheby's International Realty
List Price
$799,900
Sold Price
$768,900
Premium/Discount to List
-$31,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.53%
Original Mortgage
$615,120
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2017
Closed on
Dec 15, 2017
Sold by
Miller Bradford L
Bought by
Cal Hahn Development Company Inc
Seller's Agent
Laura Lee Cahal
Compass
Buyer's Agent
Elliot Barkan
Compass
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.67%

Purchase Details

Listed on
Jun 7, 2011
Closed on
Mar 28, 2012
Sold by
Lauer Clyde B and Lauer Ruth E
Bought by
Miller Bradford L
Seller's Agent
Kirk DeSpain
Call Realty, Inc.
Buyer's Agent
Frances Rimsza
RE/MAX Excalibur
List Price
$450,000
Sold Price
$395,000
Premium/Discount to List
-$55,000
-12.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$375,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2004
Sold by
Lauer Clyde B and Lauer Ruth E
Bought by
Lauer Clyde B and Lauer Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2002
Sold by
Lauer Clyde B and Lauer Ruth E
Bought by
Lauer Clyde B and Lauer Ruth E

Purchase Details

Closed on
Dec 20, 2001
Sold by
Lauer Clyde B and Lauer Ruth E
Bought by
Lauer Clyde B and Lauer Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,800
Interest Rate
6.39%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,287,500 First American Title Ins Co
Warranty Deed $768,900 Lawyers Title Of Arizona Inc
Warranty Deed $550,000 Millennium Title Agency Llc
Warranty Deed $395,000 First American Title Ins Co
Interfamily Deed Transfer -- Old Republic Title Agency
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Old Republic Title Agency
Interfamily Deed Transfer -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,030,000 New Conventional
Previous Owner $4,100,000 Small Business Administration
Previous Owner $615,120 New Conventional
Previous Owner $540,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $30,900 Credit Line Revolving
Previous Owner $365,000 New Conventional
Previous Owner $375,250 New Conventional
Previous Owner $125,000 Credit Line Revolving
Previous Owner $170,000 Purchase Money Mortgage
Previous Owner $62,800 No Value Available
Previous Owner $141,650 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $1,287,500 -2.8% $407 / Sq Ft
11/16/2021 11/16/21 Price Changed $1,325,000 -5.0% $419 / Sq Ft
10/16/2021 10/16/21 Price Changed $1,395,000 -3.8% $441 / Sq Ft
08/22/2021 08/22/21 For Sale $1,450,000 +88.6% $458 / Sq Ft
08/10/2018 08/10/18 Sold $768,900 -0.8% $243 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
07/19/2018 07/19/18 Price Changed $774,900 -1.9% $245 / Sq Ft
06/14/2018 06/14/18 Price Changed $789,900 -1.3% $250 / Sq Ft
05/18/2018 05/18/18 For Sale $799,900 0.0% $253 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/03/2018 05/03/18 Price Changed $799,900 -3.0% $253 / Sq Ft
04/18/2018 04/18/18 Price Changed $824,900 -2.9% $261 / Sq Ft
03/28/2018 03/28/18 For Sale $849,900 +54.5% $269 / Sq Ft
12/28/2017 12/28/17 Sold $550,000 -7.6% $192 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
12/11/2017 12/11/17 For Sale $595,000 +50.6% $208 / Sq Ft
04/27/2012 04/27/12 Sold $395,000 -3.7% $145 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
08/12/2011 08/12/11 Price Changed $410,000 -8.9% $150 / Sq Ft
06/07/2011 06/07/11 For Sale $450,000 -- $165 / 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 $3,207 $47,168 -- --
2024 $3,110 $44,922 -- --
2023 $3,110 $79,270 $15,850 $63,420
2022 $2,997 $60,230 $12,040 $48,190
2021 $3,149 $54,680 $10,930 $43,750
2020 $3,099 $51,230 $10,240 $40,990
2019 $2,995 $49,750 $9,950 $39,800
2018 $2,900 $45,920 $9,180 $36,740
2017 $3,804 $42,470 $8,490 $33,980
2016 $3,706 $40,720 $8,140 $32,580
2015 $3,398 $38,160 $7,630 $30,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5697372

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-40-044