$409,500
SOLD MAY 25, 2021
2 Beds
2 Baths
1,279 Sq Ft
$209/mo HOA Fee

Recently Sold

$320 Per Sq Ft

2% Above List Price

10 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Granite Countertops
  • Cochise Elementary School Rated A
  • Contemporary Architecture
  • Heated Community Pool

About This Home

As of May 2021

Welcome to Palm Cove Resort Style Living in the heart of McCormick Ranch. This beautiful first floor condo has an open & split 2 bedroom/2 bathroom floorplan. The kitchen has gorgeous granite countertops & white cabinetry. Rare direct entry from the attached garage to the spacious laundry room. Fantastic great room with gas fireplace. Large tiled covered patio extends living space! This highly sought-after community boasts a beautiful pool/spa, mature landscaping with community gate access to breathtaking Lake Marguerite, miles of walking/biking paths & views of Camelback Mountain! Palm Cove is tucked away behind the Mercado Shopping Center which offers many restaurants & services. Talk about desirable location & a beautiful place to call home, well it just doesn't get better than this!

Last Agent to Sell the Property

Joanne RLSIR

Russ Lyon Sotheby's International Realty License #SA528979000 Listed on: 04/09/2021

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Juan Aguilar

Circle N Realty License #BR517555000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,595

Year Built

  • Built in 1994

Lot Details

  • Desert faces the front and back of the property
  • Front and Back Yard Sprinklers

HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Parking Permit Required

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,279 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

  • Cochise Elementary School
  • Chaparral High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Unit is below another unit

Listing and Financial Details

  • Tax Lot 1042
  • Assessor Parcel Number 174-03-445

Community Details

Overview

  • Association fees include insurance, ground maintenance, street maintenance
  • Palm Cove Association, Phone Number (480) 948-5860
  • Mccormick Association, Phone Number (480) 860-1122
  • Association Phone (480) 860-1122
  • Palm Cove Subdivision
  • Community Lake

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,595

Year Built

Built in 1994

Lot Details

0

HOA Fees

$209 per month

Parking

1

Listing Details

  • Cross Street: Hayden and Via De Ventura
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: McCormick
  • HOA #2 Phone Number: 480-860-1122
  • HOA #2 Transfer Fee: 600.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 208.5
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2020
  • Directions: Hayden Road North to Royal Palm (1st street light North of Via de Ventura). Turn West onto Royal Palm until your reach Palm Cove gated Entry. Make first right through gate and park in visitor parking.
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: PALM COVE
  • Architectural Style: Contemporary, Spanish
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 190.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, 9+ Flat Ceilings, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1279.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: See Remarks, Other
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Above
  • 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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Garage Door Opener, Direct Access, Permit Required
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:PermitDecal Req_squote_d: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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: Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Biking/Walking Path
  • Association #2 Fee: 222.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 190.0
  • Association Fee Frequency: Monthly
  • Association: McCormick
  • Association Name: Palm Cove
  • Association Phone #2: 480-860-1122
  • Phone: 480-948-5860
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Palm Cove
  • Association Fees:HOA Telephone4: 480-948-5860
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Street Maint

Schools

  • Elementary School: Cochise Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cochise Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 134.0
  • Parcel #: 174-03-445

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1595.0
  • Tax Book Number: 174.00
  • Tax Lot: 1042
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 24, 2021
Sold by
Bgrs Llc
Bought by
Urquides Gilardo F and Nieves Paola F
Seller's Agent
Joanne RLSIR
Russ Lyon Sotheby's International Realty
Buyer's Agent
Juan Aguilar
Circle N Realty
List Price
$400,000
Sold Price
$409,500
Premium/Discount to List
$9,500
2.38%
Current Estimated Value
$573,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,007
Avg. Annual Appreciation
8.39%

Purchase Details

Closed on
Feb 7, 2006
Sold by
Benton John B and Benton Debra F
Bought by
Kelly Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2005
Sold by
Maani Leva
Bought by
Benton John B and Benton Debra F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1994
Sold by
Palm Cove Ltd Partnership
Bought by
Palm Cove Scottsdale L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1994
Sold by
Palm Cove Scottsdale L L C
Bought by
Holder Dorothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.62%
Mortgage Type
New Conventional
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
Deed $409,500 First American Title
Warranty Deed $370,000 Camelback Title Agency Llc
Warranty Deed $330,000 Fidelity National Title
Cash Sale Deed $109,525 Fidelity Title
Warranty Deed $121,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 Unknown
Previous Owner $296,000 Purchase Money Mortgage
Previous Owner $200,000 New Conventional
Previous Owner $50,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2021 08/07/21 Rented $2,370 0.0% --
08/06/2021 08/06/21 Under Contract -- -- --
07/30/2021 07/30/21 Price Changed $2,370 -4.2% $2 / Sq Ft
07/07/2021 07/07/21 Price Changed $2,475 -4.8% $2 / Sq Ft
06/24/2021 06/24/21 Price Changed $2,600 -13.3% $2 / Sq Ft
06/18/2021 06/18/21 For Rent $3,000 0.0% --
05/25/2021 05/25/21 Sold $409,500 +2.4% $320 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $400,000 0.0% $313 / Sq Ft
07/19/2019 07/19/19 Rented $1,795 0.0% --
07/16/2019 07/16/19 Under Contract -- -- --
07/10/2019 07/10/19 Price Changed $1,795 -5.3% $1 / Sq Ft
07/01/2019 07/01/19 For Rent $1,895 +19.6% --
12/17/2016 12/17/16 Rented $1,585 0.0% --
12/13/2016 12/13/16 Under Contract -- -- --
10/15/2016 10/15/16 Price Changed $1,585 -6.5% $1 / Sq Ft
09/16/2016 09/16/16 Price Changed $1,695 -15.3% $1 / Sq Ft
09/01/2016 09/01/16 For Rent $2,000 -- --
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 $1,594 $27,939 -- --
2024 $1,559 $26,608 -- --
2023 $1,559 $37,720 $7,540 $30,180
2022 $1,484 $29,710 $5,940 $23,770
2021 $1,610 $28,610 $5,720 $22,890
2020 $1,595 $27,060 $5,410 $21,650
2019 $1,547 $25,330 $5,060 $20,270
2018 $1,511 $23,770 $4,750 $19,020
2017 $1,426 $23,060 $4,610 $18,450
2016 $1,398 $22,410 $4,480 $17,930
2015 $1,343 $22,530 $4,500 $18,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6219403

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-03-445