NOT LISTED FOR SALE

5535 W Lone Cactus Dr Glendale, AZ 85308

Arrowhead Neighborhood

Estimated Value: $798,000 - $859,000

3 Beds
2 Baths
2,231 Sq Ft
$370/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $816,950 $366 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,728/month

35 Days on Market

Highlights

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

About This Home

As of January 2024

Nestled in the coveted Arrowhead Lakes area, this residence boasts breathtaking lake and mountain panoramas. Featuring 3 bedrooms plus a bonus room, it provides ample space for relaxation and entertainment. The expansive eat-in kitchen seamlessly connects to the family room with a fireplace, offering a perfect setting to savor the stunning lake and mountain vistas. The backyard oasis showcases a heated pool and hot tub for year-round enjoyment. With a private boat dock for fishing and surrounded by abundant wildlife, this single level home is a tranquil retreat. The spacious owner's suite provides scenic lake views, walk-in closets, and a luxurious bathroom. A built-in office space allows you to work from home while immersed in the captivating surroundings. Enjoy local amenities such as top-rated schools, hiking, biking, and more. Easy access to the 101 and i17 freeways, and no shortage of shopping, restaurants, and much much more. Your dream home awaits. Currently a great vacation rental with positive cash flow. Furnishings available for purchase.

Last Agent to Sell the Property

Weston Hall

RE/MAX Desert Showcase License #SA693525000 Listed on: 12/13/2023

RE/MAX Desert Showcase

Co-Listed By

Stacy Hecht

RE/MAX Desert Showcase License #SA688788000

RE/MAX Desert Showcase

Last Buyer's Agent

Stacy Hecht

RE/MAX Desert Showcase License #SA688788000

RE/MAX Desert Showcase

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,265

Year Built

  • Built in 1995

Lot Details

  • 6,848 Sq Ft Lot
  • Waterfront
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,231 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Updated in 2022
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool
  • Pool Pump

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 200-23-887

Community Details

Overview

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

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,265

Year Built

Built in 1995

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Cross Street: 55TH STREET AND LONE CACTUS DRIVE
  • 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: 75.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2022
  • Items Updated Pool Yr Updated: 2017
  • Items Updated Roof Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: show01
  • Co List Office Phone: 623-979-8888
  • Subdivision Name: ARROWHEAD LAKES UNIT 5A
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 75.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, See Remarks, Eat-in Kitchen, Breakfast Bar, Furnished(See Rmrks), No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2231.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane, Vinyl Frame
  • Kitchen Features:RangeOven Elec: 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
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Waterfront Lot, Desert Back, Desert Front
  • Pool Features: Variable Speed Pump, Fenced, Heated, Private
  • View: Mountain(s)
  • Waterfront: Yes
  • Disclosures: None
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): 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)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Association Name: ARROWHEAD LAKES HOA
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: ARROWHEAD LAKES HOA
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Other Fees HOA: 100.0
  • Association Fees:Other Fees Description: 0
  • Association Fee Incl:Common Area Maint3: Yes

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: 6848.0
  • Parcel #: 200-23-887

Building Info

  • Builder Name: LENNAR

Tax Info

  • Tax Annual Amount: 4265.0
  • Tax Book Number: 200.00
  • Tax Lot: 55
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Jan 30, 2024
Sold by
Barclay Stephanie A and Barclay Matt D
Bought by
Conner Enterprises
Seller's Agent
Weston Hall
RE/MAX Desert Showcase
Buyer's Agent
Stacy Hecht
RE/MAX Desert Showcase
List Price
$825,000
Sold Price
$816,950
Premium/Discount to List
-$8,050
-0.98%
Views
56
Current Estimated Value
$825,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,244
Avg. Annual Appreciation
0.59%

Purchase Details

Listed on
Feb 26, 2022
Closed on
Mar 25, 2022
Sold by
Simpson Daniel M and Simpson Erica A
Bought by
Barclay Stephanie A and Barclay Matt D
Seller's Agent
Daniel Simpson
HomeSmart
Buyer's Agent
Christina Siwek
Engel & Voelkers Scottsdale
List Price
$789,900
Sold Price
$830,000
Premium/Discount to List
$40,100
5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.86%
Original Mortgage
$680,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2017
Closed on
Jul 10, 2017
Sold by
True Busy Development Usa Ltd
Bought by
Simpson Daniel M and Simpson Erica A
Seller's Agent
Han Chau
HomeSmart
Buyer's Agent
Julie Malik
eXp Realty
List Price
$420,000
Sold Price
$424,000
Premium/Discount to List
$4,000
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.29%
Original Mortgage
$402,800
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2010
Sold by
Kam Chai Chung
Bought by
True Busy Development Usa Ltd

Purchase Details

Closed on
Nov 3, 2004
Sold by
Chun Wai Sing
Bought by
Kam Chai Chung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2003
Sold by
Bolton Robert L and Bolton Thelma J
Bought by
Bolton Robert Louis and Bolton Thelma Jean

Purchase Details

Closed on
Dec 13, 2002
Sold by
Waymire Richard D and Waymire Linda V
Bought by
Bolton Robert L and Bolton Thelma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2002
Sold by
Waymire Richard D and Waymire Linda V
Bought by
Waymire Richard D and Waymire Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.73%

Purchase Details

Closed on
Nov 7, 2001
Sold by
Waymire Richard D and Waymire Linda V
Bought by
Waymire Richard D and Waymire Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.73%

Purchase Details

Closed on
Feb 19, 2001
Sold by
Waymire Richard D and Waymire Linda V
Bought by
Waymire Richard D and Waymire Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.89%

Purchase Details

Closed on
Feb 14, 2001
Sold by
Waymire Richard D and Waymire Linda V
Bought by
Waymire Richard D and Waymire Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.89%

Purchase Details

Closed on
Jun 14, 2000
Sold by
Waymire Richard D and Waymire Linda V
Bought by
Waymire Richard D and Waymire Linda

Purchase Details

Closed on
Apr 24, 2000
Sold by
Waymire Richard D and Waymire Linda V
Bought by
Waymire Richard D and Waymire Linda

Purchase Details

Closed on
Mar 21, 2000
Sold by
Waymire Richard D and Waymire Linda V
Bought by
Waymire Richard D and Waymire Linda

Purchase Details

Closed on
Mar 27, 1995
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
$160,000
Interest Rate
8.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 1995
Sold by
Lennar Homes Of Arizona Inc
Bought by
Waymire Richard D and Waymire Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Conner Enterprises $816,950 Lawyers Title Of Arizona
Barclay Stephanie A $830,000 Wfg National Title Insurance C
Simpson Daniel M $424,000 Pioneer Title Agency Inc
True Busy Development Usa Ltd -- None Available
Kam Chai Chung -- First American Title Ins Co
Kam Chai Chung $425,000 First American Title Ins Co
Bolton Robert Louis -- --
Bolton Robert L $320,000 Metro Title Agency
Waymire Richard D -- --
Waymire Richard D -- United Title Agency Inc
Waymire Richard D -- --
Waymire Richard D -- North American Title Agency
Waymire Richard D -- Fiesta Title & Escrow Agency
Waymire Richard D -- --
Waymire Richard D -- --
Lennar Homes Of Arizona Inc -- First Southwestern Title
Waymire Richard D $181,341 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barclay Stephanie A $680,000
Previous Owner Simpson Daniel M $402,800
Previous Owner Kam Chai Chung $333,700
Previous Owner Bolton Robert L $256,000
Previous Owner Waymire Richard D $230,000
Previous Owner Waymire Richard D $232,000
Previous Owner Waymire Richard D $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2024 01/30/24 Sold $816,950 -1.0% $366 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/08/2024 01/08/24 Off Market $825,000 -- --
12/13/2023 12/13/23 For Sale $825,000 0.0% $370 / Sq Ft
12/02/2023 12/02/23 Price Changed $825,000 -0.6% $370 / Sq Ft
03/31/2022 03/31/22 Sold $830,000 +5.1% $372 / Sq Ft View Prior Sale
03/02/2022 03/02/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $789,900 +86.3% $354 / Sq Ft
07/13/2017 07/13/17 Sold $424,000 +1.0% $190 / Sq Ft View Prior Sale
04/19/2017 04/19/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $420,000 -0.9% $188 / Sq Ft
03/29/2017 03/29/17 Off Market $424,000 -- --
01/17/2017 01/17/17 For Sale $420,000 -- $188 / 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 $3,336 $34,879 -- --
2024 $4,265 $33,218 -- --
2023 $4,265 $58,510 $11,700 $46,810
2022 $4,161 $44,970 $8,990 $35,980
2021 $3,702 $41,000 $8,200 $32,800
2020 $3,655 $36,300 $7,260 $29,040
2019 $3,554 $34,310 $6,860 $27,450
2018 $3,465 $33,600 $6,720 $26,880
2017 $3,953 $32,080 $6,410 $25,670
2016 $3,768 $31,760 $6,350 $25,410
2015 $3,486 $32,100 $6,420 $25,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6636527

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-23-887