NOT LISTED FOR SALE

8123 S 47th Ln Unit 1 Laveen, AZ 85339

Laveen Neighborhood

Estimated Value: $463,000 - $535,000

5 Beds
3 Baths
2,974 Sq Ft
$167/Sq Ft Est. Value

Last Sold July 23, 2013

Last sale price $190,212 $64 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,965/month

11 Days on Market

Highlights

  • RV Gated
  • Corner Lot
  • Covered Patio or Porch
  • Phoenix Coding Academy Rated A
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of July 2013

Home features 5 bedrooms + 3 bathrooms + a 3 car garage. Full Bedroom & Bathroom downstairs, Formal Living Space & Formal Dining Area, Large Living Space w/lots of windows, 2 exits to the large backyard, extended back patio, plenty of space for a pool. Disclosures(cont.): Any lien on this
equipment will be the sole responsibility of the buyer to pay in full or assume monthly payments, dependent on creditor approval, Per PCR, damaged electrical outlet. ***For Overbidding and/or escrow repair information, please see attached ''Overbidding and Escrow Repair'' MLS addendum.***

Last Agent to Sell the Property

Victor Vidales

RE/MAX Desert Showcase License #SA552425000 Listed on: 05/02/2013

RE/MAX Desert Showcase

Co-Listed By

Reina Ruppel

Realty East, Incorporated License #SA512128000

Last Buyer's Agent

Bernardino Ramos

My Home Group Real Estate License #SA563109000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,591

Year Built

  • Built in 2004

Lot Details

  • 9,420 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot

HOA Fees

  • $68 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,974 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Cheatham Elementary School
  • Vista Del Sur Accelerated Middle School
  • Cesar Chavez High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Association fees include ground maintenance
  • Planned Development Association, Phone Number (623) 298-6023
  • Built by CONTINENTAL HOMES
  • Cheatham Farms Unit 1 Amd Subdivision

Listing and Financial Details

  • Tax Lot 194
  • Assessor Parcel Number 300-84-194

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,591

Year Built

Built in 2004

Lot Details

0

HOA Fees

$68 per month

Parking

3

Listing Details

  • Cross Street: 51 AVE & BASELINE
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 68.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 2004
  • Tax Year: 2012
  • Directions: : 51ST AVE SO TO SOUTH MOUNTAIN AVE, LEFT TO 48TH DR, RIGHT ON Desert
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: rmnh01
  • Co List Office Phone: 602-296-0100
  • Subdivision Name: CHEATHAM FARMS UNIT 1 AMD
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 205.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 2974.0
  • Stories: 2
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Corner Lot, Dirt Back, Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, RV Gate, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 205.0
  • Association Fee Frequency: Quarterly
  • Association Name: Planned Development
  • Phone: 623-298-6023
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Planned Development
  • Association Fees:HOA Telephone4: 623-298-6023
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Cheatham Elementary School
  • High School: Cesar Chavez High School
  • Middle Or Junior School: Vista Del Sur Accelerated

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9420.0
  • Parcel #: 300-84-194
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: CONTINENTAL HOMES

Tax Info

  • Tax Annual Amount: 1590.82
  • Tax Book Number: 300.00
  • Tax Lot: 194
  • Tax Map Number: 84.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2013
Closed on
Jul 19, 2013
Sold by
Ramos Palbo and Ramirez Wendy
Bought by
Ramirez Wendy
Seller's Agent
Victor Vidales
RE/MAX Desert Showcase
Buyer's Agent
Bernardino Ramos
My Home Group Real Estate
List Price
$160,000
Sold Price
$190,212
Premium/Discount to List
$30,212
18.88%
Current Estimated Value
$498,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,808
Avg. Annual Appreciation
8.19%
Original Mortgage
$152,170
Outstanding Balance
$110,930
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$387,090

Purchase Details

Closed on
Aug 9, 2012
Sold by
Walker Kenneth W and Walker Beverly A
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 8, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 7, 2008
Sold by
Walker Kenneth W
Bought by
Walker Kenneth W and Walker Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,202
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2006
Sold by
Walker Beverly A
Bought by
Walker Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
6.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 26, 2005
Sold by
Secretary Of Housing & Urban Development
Bought by
Ramirez Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,170
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2004
Sold by
Continental Homes Inc
Bought by
Walker Kenneth W and Walker Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,985
Interest Rate
5.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Ramirez Wendy -- Grand Canyon Title Agency In
Bank Of America Na $355,729 None Available
The Secretary Of Housing & Urban Develop -- None Available
Walker Kenneth W -- None Available
Walker Kenneth W -- Empire Title Agency Of Az Ll
Ramirez Wendy -- Grand Canyon Title Agency
Walker Kenneth W $218,732 Dhi Title Of Arizona Inc
Continental Homes Inc -- Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Wendy $152,170
Previous Owner Walker Kenneth W $318,202
Previous Owner Walker Kenneth W $287,000
Previous Owner Ramirez Wendy $152,170
Previous Owner Walker Kenneth W $174,985
Closed Walker Kenneth W $43,746
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2013 07/23/13 Sold $190,212 +18.9% $64 / Sq Ft
07/09/2013 07/09/13 Price Changed $160,000 0.0% $54 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $160,000 -- $54 / 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 $3,084 $19,999 -- --
2024 $3,028 $19,047 -- --
2023 $3,028 $36,820 $7,360 $29,460
2022 $2,942 $27,620 $5,520 $22,100
2021 $2,942 $26,370 $5,270 $21,100
2020 $2,868 $24,520 $4,900 $19,620
2019 $2,870 $22,460 $4,490 $17,970
2018 $2,740 $21,860 $4,370 $17,490
2017 $2,600 $19,130 $3,820 $15,310
2016 $2,475 $17,960 $3,590 $14,370
2015 $2,233 $18,050 $3,610 $14,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4930498

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-84-194