NOT LISTED FOR SALE

Estimated Value: $743,000 - $1,009,000

3 Beds
2 Baths
2,010 Sq Ft
$405/Sq Ft Est. Value

Last Sold November 01, 2013

Last sale price $292,500 $146 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $4,537/month

Highlights

  • Transportation Service
  • Gated Community
  • Contemporary Architecture
  • Kiva Elementary School Rated A
  • Community Lake
  • Vaulted Ceiling

About This Home

As of November 2021

Once you see this home you will fall in love... Simply stunning home with contemporary touches everywhere you look in the Heart of McCormick Ranch! Which Shaker Cabinets, Granite counters, upgraded light and sink fixtures. Vaulted ceilings. Tile & wood flooring throughout! Bright Open single level spacious 3 -Bed 2-Bath Patio Home. Master has large closet King bed. 2nd Bedroom is Queen and the 3rd has 2 twins, with ceiling fans throughout. The master bathroom is to die for...soak in the oversized tub and let the days stress fade away . You will simply love the gem of a home as your rental.(12 MONTH LEASE!)

Last Agent to Rent the Property

Dario Lorenzo

Russ Lyon Sotheby's International Realty License #SA659481000 Listed on: 09/14/2021

Russ Lyon Sotheby's International Realty

Last Renter's Agent

Dario Lorenzo

My Home Group Real Estate License #SA659481000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,923

Year Built

  • Built in 1979

Lot Details

  • 4,549 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,010 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Kiva Elementary School
  • Mohave Middle School

Utilities

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

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Property Available on 11/5/21
  • $50 Move-In Fee
  • Rent includes utility caps apply, repairs, pool service - full, gardening service, cable TV
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 3
  • Assessor Parcel Number 174-25-007

Community Details

Overview

  • Property has a Home Owners Association
  • Spanish Oaks Association, Phone Number (480) 766-6725
  • Spanish Oaks Unit 1 Subdivision
  • Community Lake

Amenities

  • Transportation Service

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,923

Year Built

Built in 1979

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Utility Caps Apply, Repairs, Pool Service - Full, Gardening Service, Cable TV
  • Available Date: 2021-11-05

Listing Details

  • Cross Street: HAYDEN & MCCORMICK PARKWAY
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Rental Info Floor Number: 1
  • Rental Info H O A Name: Spanish Oaks
  • Non Assistive Animals: Lessor Approval
  • Rental Info Property Sleeps: 6
  • Rental Info Rental Tax Percent: 1.65
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: West on McCormick Parkway to Spanish Oaks main gated entry. North thru gate to Spanish Oaks, East to property on left.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: SPANISH OAKS UNIT 1
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Windows:Low-Emissivity Windows: Yes
  • Water Source City Water2: Yes
  • Fireplace Features Fireplace Family Rm2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace Family Rm, 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2010.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, Vinyl Frame
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Transportation Svcs: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block, None, Wrought Iron
  • Lot Features: Gravel/Stone Back, Grass Front, Auto Timer H2O Front
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile, Foam
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Gated, Community Spa Htd, Community Pool Htd, Community Pool, Transportation Svcs, Near Bus Stop, Biking/Walking Path
  • Association Name: Spanish Oaks
  • Phone: 480-766-6725
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Kiva Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size Sq Ft: 4549.0
  • Parcel #: 174-25-007

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 174.00
  • Tax Lot: 3
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2021
Sold by
Affinity Rental Properties Llc
Bought by
Affinity 2021 Llc
Current Estimated Value
$814,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,827,000
Outstanding Balance
$5,238,218
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
-$4,423,648

Purchase Details

Closed on
Jan 27, 2015
Sold by
Slc Project 2 Llc
Bought by
Affinity Rental Properties Llc

Purchase Details

Listed on
Apr 25, 2013
Closed on
Oct 28, 2013
Sold by
Jbm I Investments Llc
Bought by
Slc-Project 2 Llc
Seller's Agent
Jeffrey Miller
AZ Brokerage Holdings, LLC
Buyer's Agent
Richard Smookler
Realty ONE Group
List Price
$310,000
Sold Price
$292,500
Premium/Discount to List
-$17,500
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$238,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2013
Sold by
Federal National Mortgage Association
Bought by
Jbm I Investments Llc

Purchase Details

Closed on
Feb 15, 2013
Sold by
Tams Albert
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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List Price
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
Affinity 2021 Llc -- Commonwealth Title
Affinity Rental Properties Llc -- None Available
Slc-Project 2 Llc $297,500 Chicago Title Agency Inc
Jbm I Investments Llc $292,500 Great American Title Agency
Federal National Mortgage Association $310,444 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Affinity 2021 Llc $5,827,000
Previous Owner Slc-Project 2 Llc $238,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2021 11/24/21 Rented $3,600 +2.9% --
09/14/2021 09/14/21 For Rent $3,500 +9.4% --
10/20/2020 10/20/20 Rented $3,200 +3.3% --
09/21/2020 09/21/20 Price Changed $3,099 0.0% $2 / Sq Ft
09/18/2020 09/18/20 For Rent $3,100 +24.0% --
06/01/2017 06/01/17 Rented $2,500 0.0% --
05/10/2017 05/10/17 Under Contract -- -- --
04/24/2017 04/24/17 Price Changed $2,500 -28.6% $1 / Sq Ft
04/20/2017 04/20/17 For Rent $3,500 0.0% --
11/01/2013 11/01/13 Sold $292,500 +4.5% $159 / Sq Ft View Prior Sale
07/17/2013 07/17/13 Pending -- -- --
07/12/2013 07/12/13 Price Changed $280,000 -9.7% $153 / Sq Ft
04/25/2013 04/25/13 For Sale $310,000 -- $169 / 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 $2,923 $41,390 -- --
2024 $2,768 $39,419 -- --
2023 $2,768 $52,850 $10,570 $42,280
2022 $2,626 $42,710 $8,540 $34,170
2021 $2,790 $40,280 $8,050 $32,230
2020 $2,766 $38,000 $7,600 $30,400
2019 $2,669 $36,700 $7,340 $29,360
2018 $2,584 $33,820 $6,760 $27,060
2017 $2,475 $32,210 $6,440 $25,770
2016 $2,427 $32,280 $6,450 $25,830
2015 $2,310 $32,670 $6,530 $26,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6293339

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-25-007