NOT LISTED FOR SALE

7614 W Mcrae Way Glendale, AZ 85308

Arrowhead Neighborhood

Estimated Value: $549,000 - $572,385

3 Beds
2 Baths
2,093 Sq Ft
$270/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $317,000 $151 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,378/month

61 Days on Market

Highlights

  • Heated Lap Pool
  • Waterfront
  • Two Way Fireplace
  • Arrowhead Elementary School Rated A-
  • Community Lake
  • Vaulted Ceiling

About This Home

As of August 2018

ABSOLUTELY LOVELY 3B, 2B, 2 CAR GARAGE WITH GORGEOUS LAKESIDE, WATERFALL VIEW. WHILE WATCHING THE STARS SPARKLE ON THE LAKE, INDULGE YOURSELF IN THE HEATED LAP POOL/SPA (RECENTLY RE-PLASTERED), COCKTAIL AT HAND. ARIZONA LIVING DOESN'T GET MUCH BETTER THAN THIS. QUIET, WELL SITUATED NEIGHBORHOOD, 5 MINUTES FROM ARROWHEAD MALL, BUT CUSHIONED FROM EVERYTHING BUT WATERFALL AND BIRD CALL NOISE. FIREPLACE FOR THOSE COOL WINTER EVENINGS IS TWO-WAY, INTO GREAT ROOM AND LIVING ROOM. SPLIT MODEL WITH MASTER BEDROOM ACCESS TO BACK PATIO. DUAL MASTER SINKS IN BOTH BATHROOMS. FORMAL AND INFORMAL DINING AREAS WITH KITCHEN OPEN TO GREAT ROOM AND LOVELY WATER VIEW. THIS IS A UNIQUE OPPORTUNITY IN A NEIGHBORHOOD THAT DOESN'T ADVERTISE HOW SPECIAL IT IS - COME SEE FOR YOURSELF!

Last Agent to Sell the Property

Lynmarie Smith

Realty ONE Group License #SA668042000 Listed on: 05/14/2018

Last Buyer's Agent

Lynmarie Smith

Realty ONE Group License #SA668042000 Listed on: 05/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,473

Year Built

  • Built in 1986

Lot Details

  • 7,000 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,093 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Two Way Fireplace
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • <<builtInMicrowave>>

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Lap Pool
  • Heated Spa
  • Fence Around Pool

Outdoor Features

  • Covered patio or porch

Schools

  • Highland Lakes Middle School
  • Mountain Ridge High School

Utilities

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

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 200-30-385

Community Details

Overview

  • Association fees include no fees
  • Planned Dev Svcs Association, Phone Number (623) 877-1396
  • Built by ARROWHEAD RANCH
  • Arrowhead Ranch 12 Amd Lt 1 170 Tr A C Subdivision
  • Community Lake

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,473

Year Built

Built in 1986

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Cross Street: UNION HILLS & 77TH AVE
  • Legal Info Range: 1E
  • 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: 37.67
  • Basement: N
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2011
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: FROM UNION HILLS, TAKE 77TH AVE NORTH AND TAKE FIRST RIGHT ONTO MCRAE WAY. HOME IS ON THE LEFT ABOUT HALFWAY DOWN.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: ARROWHEAD RANCH 12 AMD LT 1-170 TR A-C
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 113.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Two Way Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Drink Wtr Filter Sys, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2093.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Lake Subdivision: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Fireplace:Two Way Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Misting System
  • Lot Features: Waterfront Lot, Gravel/Stone Front, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Fenced, Heated, Lap
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Biking/Walking Path
  • Amenities: None, Rental OK (See Rmks)
  • Association Fee: 113.0
  • Association Fee Frequency: Quarterly
  • Association Name: ARROWHEAD RANCH
  • Phone: 623-877-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: ARROWHEAD RANCH
  • Association Fees:HOA Telephone4: 623-877-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: PLANNED DEV SVCS
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • High School: Mountain Ridge High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Highland Lakes School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7000.0
  • Parcel #: 200-30-385
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: ARROWHEAD RANCH

Tax Info

  • Tax Annual Amount: 2473.0
  • Tax Book Number: 200.00
  • Tax Lot: 40
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Aug 15, 2018
Sold by
Cornell Richardcolin and Cornell Helen Jo
Bought by
Sauerbrun Nancy
Seller's Agent
Lynmarie Smith
Realty ONE Group
Buyer's Agent
Lynmarie Smith
Realty ONE Group
List Price
$349,000
Sold Price
$317,000
Premium/Discount to List
-$32,000
-9.17%
Current Estimated Value
$564,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,596
Avg. Annual Appreciation
8.74%
Original Mortgage
$475,500
Interest Rate
4.93%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 24, 2004
Sold by
Cornell Richard C and Cornell Helen J
Bought by
Cornell Richard Colin and Cornell Helen Jo

Purchase Details

Closed on
Sep 29, 1995
Sold by
Aikawa Tamako
Bought by
Cornell Richard C and Cornell Helen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.59%
Mortgage Type
New Conventional
Source: Public Records

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
Sauerbrun Nancy $317,000 First American Title Insuran
Cornell Richard Colin -- --
Cornell Richard C $140,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sauerbrun Nancy $522,000
Closed Sauerbrun Nancy $475,500
Previous Owner Cornell Richard C $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2018 08/21/18 Sold $317,000 -0.6% $151 / Sq Ft
07/14/2018 07/14/18 Pending -- -- --
07/05/2018 07/05/18 Price Changed $319,000 -4.7% $152 / Sq Ft
06/01/2018 06/01/18 Price Changed $334,900 -4.0% $160 / Sq Ft
05/14/2018 05/14/18 For Sale $349,000 -- $167 / 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 $2,657 $33,018 -- --
2024 $2,633 $31,446 -- --
2023 $2,633 $44,020 $8,800 $35,220
2022 $2,564 $34,260 $6,850 $27,410
2021 $2,703 $31,870 $6,370 $25,500
2020 $2,673 $28,580 $5,710 $22,870
2019 $2,607 $26,870 $5,370 $21,500
2018 $2,542 $26,280 $5,250 $21,030
2017 $2,473 $25,070 $5,010 $20,060
2016 $2,347 $23,430 $4,680 $18,750
2015 $2,175 $23,050 $4,610 $18,440
Source: Public Records

Agents Affiliated with this Home

  • Lynmarie Smith

    Seller's Agent in 2018

    Lynmarie Smith

    Realty One Group

    (623) 606-8266

    64 Total Sales

    Lynmarie Smith
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5765787

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-30-385

Arizona Maricopa County Glendale 85308 Arrowhead

7614 W Mcrae Way, Glendale, AZ

This home is located at 7614 W Mcrae Way, Glendale, AZ 85308 since 14 May 2018 and is currently estimated at $564,596, approximately $269 per square foot. This property was built in 1986. 7614 W Mcrae Way is a home located in Maricopa County with nearby schools including Arrowhead Elementary School, Highland Lakes School, and Deer Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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