NOT LISTED FOR SALE

Estimated Value: $1,019,423

2 Beds
2.5 Baths
2,150 Sq Ft
$474/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $725,000 $337 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,099/month

304 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Heated Community Pool
  • Pinnacle Peak Elementary School Rated A
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of September 2020

Jewel box on a view lot in the heart of Pinnacle Peak within walking distance of restaurants & more! The open floor plan features 2 ensuite bedrooms + DEN/OFFICE, a spacious kitchen with large island, GE stainless steel appliances, built in wine rack, appliance garage & walk-in pantry. Great room offers a linear fireplace, artwork wall lighting, tile flooring throughout & custom draperies. The dining room area opens to the backyard patio & offers a more casual dining experience. The owner's suite, complete with walk-in closet & additional cabinetry, features a large shower, double vanities & beauty bar w/makeup cabinet. Crown molding ceiling treatment is found in the owner's suite, guest suite, hallway and den/office. Wainscoting flanks the hallway walls. The office entry features barn doors and large windows. The backyard and outdoor space offers a large & deep covered patio for outdoor dining, artificial turf, lush vegetation, a dog run and a view fence to capture the surrounding beauty of the green belt area behind the home. This lot is one of the premium lots in this community and backs to a community green belt with a view fence!! And the garage sports an epoxy floor and built-in cabinetry storage system. If you are looking for a community which offers its residents a privately gated entrance, a large community swimming pool & spa, outdoor gazebo with BBQ and kitchen area, workout facility and saunas, then this is the place for you!

Last Agent to Sell the Property

Debbie Sinagoga

Russ Lyon Sotheby's International Realty License #BR535121000 Listed on: 10/05/2019

Russ Lyon Sotheby's International Realty

Co-Listed By

Kris LaCroix

Russ Lyon Sotheby's International Realty License #SA509218000

Last Buyer's Agent

Howard Kotzen

HomeSmart License #SA540372000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $375

Year Built

  • Built in 2019

Lot Details

  • 4,551 Sq Ft Lot
  • Private Streets
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $239 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,150 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Roller Shields
  • Living Room with Fireplace
  • Tile Flooring
  • Security System Owned

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Pinnacle Peak Preparatory Elementary School
  • Mountain Trail Middle School
  • Pinnacle High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 212-03-613

Community Details

Overview

  • Association fees include roof repair, ground maintenance, (see remarks), street maintenance, front yard maint, maintenance exterior
  • Trestle Management Association, Phone Number (480) 442-0888
  • Built by K Hovnanian
  • Summit At Silverstone Subdivision, Capstone Floorplan

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$375

Year Built

Built in 2019

Lot Details

0

HOA Fees

$239 per month

Parking

2

Listing Details

  • Cross Street: Pinnacle Peak & 74th Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 239.0
  • Basement: N
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2019
  • Tax Year: 2019
  • Directions: From Pinnacle Peak Road, south on 74th Street; west on Paraiso Drive. Thru gate to home on left.
  • Master Model: Capstone
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: Summit at Silverstone
  • Architectural Style: Other
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 239.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Roller Shields, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 2150.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Fitness Center
  • Association Fee: 239.0
  • Association Fee Frequency: Monthly
  • Association Name: Summit @ Silverstone
  • Phone: 480-442-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Summit @ Silverstone
  • Association Fees:HOA Telephone4: 480-442-0888
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 478.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Trestle Management
  • Association Fees:HOA Management Phone: 480-442-0888
  • Association Fees:Cap ImprovementImpact Fee 2: 956.0
  • 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:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Maintenance Grounds, Other (See Remarks), Street Maint, Front Yard Maint, Maintenance Exterior

Schools

  • Elementary School: Pinnacle Peak Preparatory
  • High School: Pinnacle High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Mountain Trail Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4551.0
  • Parcel #: 212-03-613

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: K Hovnanian

Tax Info

  • Tax Annual Amount: 375.0
  • Tax Book Number: 212.00
  • Tax Lot: 5
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2019
Closed on
Sep 15, 2020
Sold by
Swonson John C and Swonson Polly Ann
Bought by
Kotzen Howard and Kotzen Nina
Seller's Agent
Debbie Sinagoga
Russ Lyon Sotheby's International Realty
Buyer's Agent
Howard Kotzen
HomeSmart
List Price
$839,000
Sold Price
$725,000
Premium/Discount to List
-$114,000
-13.59%
Current Estimated Value
$1,019,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,423
Avg. Annual Appreciation
7.79%
Original Mortgage
$507,500
Outstanding Balance
$454,683
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$593,158

Purchase Details

Closed on
Jan 17, 2019
Sold by
Gtis Hov At Silverstone Llc
Bought by
Swonson John C and Swonson Polly Ann
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
Kotzen Howard $725,000 First Arizona Title Agency
Swonson John C $711,302 New Land Title Agency Llc
Gtishov At Silverstone Llc -- New Land Title Agency Llc
K Hovnanian Great Western Building Compa -- New Land Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotzen Howard $507,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $725,000 0.0% $337 / Sq Ft
07/29/2020 07/29/20 Price Changed $725,000 -2.0% $337 / Sq Ft
07/05/2020 07/05/20 Price Changed $739,900 -1.3% $344 / Sq Ft
03/14/2020 03/14/20 Price Changed $750,000 -3.2% $349 / Sq Ft
01/31/2020 01/31/20 Price Changed $775,000 -3.1% $360 / Sq Ft
12/28/2019 12/28/19 Price Changed $800,000 +0.1% $372 / Sq Ft
12/16/2019 12/16/19 Price Changed $799,000 -1.7% $372 / Sq Ft
11/08/2019 11/08/19 Price Changed $812,500 -2.0% $378 / Sq Ft
10/27/2019 10/27/19 Price Changed $829,000 -1.2% $386 / Sq Ft
10/05/2019 10/05/19 For Sale $839,000 -- $390 / 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 $3,658 $48,054 -- --
2024 $3,596 $45,765 -- --
2023 $3,596 $70,600 $14,120 $56,480
2022 $3,536 $60,930 $12,180 $48,750
2021 $3,610 $58,210 $11,640 $46,570
2020 $3,493 $53,030 $10,600 $42,430
2019 $375 $9,540 $9,540 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5987983

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-03-613