NOT LISTED FOR SALE

5704 E Aire Libre Ave Unit 1120 Scottsdale, AZ 85254

Paradise Valley Neighborhood

Estimated Value: $351,000 - $376,512

2 Beds
2 Baths
1,196 Sq Ft
$309/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $162,500 $136 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,169/month

5 Days on Market

Highlights

  • Heated Pool
  • Vaulted Ceiling
  • 1 Fireplace
  • North Ranch Elementary School Rated A
  • Spanish Architecture
  • Covered patio or porch

About This Home

As of November 2015

You will love spending time in this centrally located and spacious condominium! A unique tri-level floor plan with vaulted ceilings and abundant natural lighting create a wonderful atmosphere to call home. The third bedroom has been converted into an upstairs home office/loft overlooking the entire apartment. Seller is offering a $1000 redecorating credit to any buyer that produces a full price offer. Do not miss out!

Last Agent to Sell the Property

Benjamin Funke

I Go Urban Realty Listed on: 10/16/2015

Last Buyer's Agent

Andrea West

HomeSmart License #SA509504000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $949

Year Built

  • Built in 1986

Lot Details

  • 798 Sq Ft Lot
  • Block Wall Fence

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,196 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Covered patio or porch
  • Outdoor Storage

Schools

  • North Ranch Elementary School
  • Desert Shadows Middle School - Scottsdale
  • Horizon High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 337
  • Assessor Parcel Number 215-36-260

Community Details

Overview

  • Property has a Home Owners Association
  • Silver Mountain Association, Phone Number (480) 659-2928
  • Discovery At Tatum Place 2A Amd Unit 245 342 Subdivision

Recreation

  • Heated Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$949

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Bell and 58th Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 190.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1986
  • Tax Year: 2015
  • Directions: Head South on 56th Street from Bell Road. Turn left onto Aire Libre Avenue, Left on 58th Street. Turn down the northernmost driveway in the community on the East side on 58th Street.
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.02
  • Subdivision Name: DISCOVERY AT TATUM PLACE 2A AMD UNIT 245-342
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 190.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1196.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Community Pool Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Storage
  • Pool Features: Community, Heated, None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Silver Mountain
  • Phone: 480-659-2928
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Silver Mountain
  • Association Fees:HOA Telephone4: 4806592928
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: North Ranch Elementary School
  • High School: Horizon High School
  • Middle Or Junior School: Desert Shadows Middle School - Scottsdale

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 798.0
  • Parcel #: 215-36-260
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 948.56
  • Tax Book Number: 215.00
  • Tax Lot: 337
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Nov 25, 2015
Sold by
Johnson Anthony
Bought by
Fun Stephen
Seller's Agent
Benjamin Funke
I Go Urban Realty
Buyer's Agent
Andrea West
HomeSmart
List Price
$165,900
Sold Price
$162,500
Premium/Discount to List
-$3,400
-2.05%
Total Days on Market
5
Current Estimated Value
$369,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,378
Avg. Annual Appreciation
9.04%
Original Mortgage
$165,993
Outstanding Balance
$132,357
Interest Rate
3.71%
Mortgage Type
VA
Estimated Equity
$237,521

Purchase Details

Listed on
May 3, 2012
Closed on
Aug 23, 2012
Sold by
Partain Troy A
Bought by
Johnson Anthony
Seller's Agent
Steve Russell
Keller Williams Arizona Realty
Buyer's Agent
Steve Russell
Keller Williams Arizona Realty
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.87%
Original Mortgage
$85,500
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2006
Sold by
Ericsson Christer K
Bought by
Partain Troy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
6.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 23, 2005
Sold by
Turner Debbie Lynn
Bought by
Ericsson Christer K and Ericsson Linda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 1994
Sold by
Jones Sandie Turner
Bought by
Turner Debbie Lynn
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 Buyer Sale Price Title Company
Fun Stephen $162,500 First Arizona Title Agency
Johnson Anthony $90,000 Fidelity Natl Title Agency I
Partain Troy A $231,000 Security Title Agency Inc
Ericsson Christer K $240,000 --
Turner Debbie Lynn $69,561 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fun Stephen $165,993
Previous Owner Johnson Anthony $85,500
Previous Owner Partain Troy $57,750
Previous Owner Partain Troy A $173,250
Previous Owner Ericsson Christer K $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $162,500 -2.0% $136 / Sq Ft
10/15/2015 10/15/15 For Sale $165,900 +84.3% $139 / Sq Ft
08/28/2012 08/28/12 Sold $90,000 0.0% $75 / Sq Ft
05/04/2012 05/04/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $90,000 -- $75 / 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 $1,182 $14,016 -- --
2024 $1,156 $13,349 -- --
2023 $1,156 $25,870 $5,170 $20,700
2022 $1,145 $19,220 $3,840 $15,380
2021 $1,164 $17,520 $3,500 $14,020
2020 $1,124 $16,300 $3,260 $13,040
2019 $1,129 $14,500 $2,900 $11,600
2018 $1,088 $13,280 $2,650 $10,630
2017 $1,039 $12,630 $2,520 $10,110
2016 $1,022 $11,520 $2,300 $9,220
2015 $949 $10,780 $2,150 $8,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5349421

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-36-260