$500,000
SOLD FEB 28, 2018
3 Beds
2 Baths
1,910 Sq Ft
0.35 Acres

Recently Sold

$262 Per Sq Ft

15% Below List Price

87 Days on Market

Highlights

  • City Lights View
  • 0.35 Acre Lot
  • Spanish Architecture
  • Madison Heights Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Private Yard

About This Home

As of March 2020

DRASTICALLY REDUCED BY $40,000!!! If you are looking for a home with a spectacular view of Piestewa Peak-LOOK NO FURTHER! Located in the Biltmore Highlands Subdivision, this spacious 1910 square foot home situated on a 15,150 square foot mountainside lot provides stunning views of the Phoenix Mountain Preserve, plus privacy and seclusion. Short walking distance to hiking trails and picnic areas. This exclusive neighborhood is in the much sought after Madison School District. This 3 bedroom 2 bath home has an oversized 2.5 car garage with lots of extra storage and mature professional landscaping. Property is competitively priced for quick sale with enormous investment potential. No HOA. The home is vacant and on MLS lockbox, so its easy to show almost any time. Seller wants it SOLD!

Last Agent to Sell the Property

Calvin Pepper

Tierra Realty & Development License #SA035928000 Listed on: 10/02/2017

Last Buyer's Agent

Mark Dawson

Realty Executives License #SA644420000

Realty Executives

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 1977

Lot Details

  • 0.35 Acre Lot
  • Desert faces the front of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 2.5 Car Direct Access Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,910 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Solar Screens
  • Family Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • 2 Bathrooms

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Madison Heights Elementary School
  • Madison #1 Middle School
  • Camelback High School

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Biltmore Highlands 2 Subdivision, Custom Floorplan

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number 164-19-147

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,200

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 22nd Street and Lincoln Drive
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2015
  • Updated Floors: Partial
  • Items Updated Ht Cool Yr Updated: 2011
  • Items Updated Roof Yr Updated: 2013
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1977
  • Tax Year: 2016
  • Directions: Go North on 22nd Street and Lincoln Drive intersection to property on west side of the street. Look up to see 7602 N. 22nd Street.
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.35
  • Subdivision Name: BILTMORE HIGHLANDS 2
  • Architectural Style: Spanish
  • Efficiency: Load Controller
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Pantry, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1910.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Madison Heights Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15150.0
  • Parcel #: 164-19-147
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 4200.0
  • Tax Book Number: 164.00
  • Tax Lot: 142
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Feb 25, 2020
Sold by
Vigano Daniel and Gilbert Alisson
Bought by
Reich Peter and Reich Heather
Seller's Agent
Robert Smith
HomeSmart
Buyer's Agent
Katherine Gleason
Dominion Group Properties
List Price
$649,000
Sold Price
$622,000
Premium/Discount to List
-$27,000
-4.16%
Current Estimated Value
$983,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,795
Avg. Annual Appreciation
8.49%
Original Mortgage
$625,000
Outstanding Balance
$560,408
Interest Rate
3.6%
Mortgage Type
Unknown
Estimated Equity
$404,796

Purchase Details

Closed on
Dec 29, 2017
Sold by
Ellis Raymond L and Ellis Brenda L
Bought by
Vigano Daniel and Gilbert Alisson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 17, 2016
Sold by
Ellis Raymond L and Ellis Brenda L
Bought by
Ellis Raymond L and Ellis Brenda L
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 $622,000 Pioneer Title Agency Inc
Warranty Deed $500,000 First American Title Insuran
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $625,000 Unknown
Previous Owner $467,500 Adjustable Rate Mortgage/ARM
Previous Owner $475,000 Adjustable Rate Mortgage/ARM
Previous Owner $170,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2020 03/04/20 Sold $622,000 -4.2% $306 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $649,000 +29.8% $319 / Sq Ft
02/28/2018 02/28/18 Sold $500,000 -8.3% $262 / Sq Ft
11/09/2017 11/09/17 Price Changed $545,000 -6.8% $285 / Sq Ft
10/02/2017 10/02/17 For Sale $585,000 -- $306 / 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 $5,225 $46,898 -- --
2024 $5,069 $44,664 -- --
2023 $5,069 $66,270 $13,250 $53,020
2022 $4,900 $51,770 $10,350 $41,420
2021 $4,947 $49,270 $9,850 $39,420
2020 $4,861 $45,500 $9,100 $36,400
2019 $4,741 $43,350 $8,670 $34,680
2018 $4,610 $38,120 $7,620 $30,500
2017 $4,364 $37,030 $7,400 $29,630
2016 $4,200 $34,220 $6,840 $27,380
2015 $3,908 $31,730 $6,340 $25,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5668384

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-19-147