NOT LISTED FOR SALE

Estimated Value: $565,000 - $600,000

2 Beds
2 Baths
1,346 Sq Ft
$234/mo HOA Fee

Last Sold December 14, 2022

Last sale price $490,000 $364 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,591/month

40 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Community
  • Contemporary Architecture
  • Cochise Elementary School Rated A
  • Community Lake
  • Wood Flooring

About This Home

As of December 2022

Updated and move in ready 2 br/2ba open floor plan, end unit in highly desirable Palm Cove community in McCormick Ranch. Ideal location only steps to community pool and spa, Lake Marguerite and bike/walk path. Conveniently located to wonderful restaurants, parks, shopping, spring training facility. Enjoy the attached garage with interior steps up to unit. Beautiful hardwood floors in great room/dining area features a GAS fireplace overseeing private balcony. The master bedroom features a full bath, double sinks and walk in closet. The private split second bedroom offers privacy for guests or home office. The well designed kitchen provides open access to dining/great room. Fantastic location and opportunity to experience life in one of the best locations within McCormick Ranch

Last Agent to Sell the Property

Robert Foster

HomeSmart License #SA623888000 Listed on: 10/21/2022

HomeSmart

Last Buyer's Agent

Christina Palermo

Keller Williams Arizona Realty License #SA644217000

Keller Williams Arizona Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,862

Year Built

  • Built in 1994

HOA Fees

Parking

  • 1 Car Garage

Home Design

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

Interior Spaces

  • 1,346 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Cochise Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Balcony
  • End Unit
  • Unit is on the top floor

Listing and Financial Details

  • Tax Lot 2046
  • Assessor Parcel Number 174-03-505

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, roof replacement, maintenance exterior
  • Apm Mgmt Association, Phone Number (480) 941-1077
  • Mccormick Ranch Poa, 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

$1,862

Year Built

Built in 1994

Lot Details

0

HOA Fees

$234 per month

Parking

1

Listing Details

  • Cross Street: Hayden & Royal Palm
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: McCormick Ranch POA
  • 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: 234.42
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2022
  • Directions: North on Hayden from Via De Ventura, turn at next left on Royal Palm, follow to community gate. Enter gate, take first right, follow to building 23, unit 2046 is end unit on right.
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: PALM COVE
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 215.0
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Full Bth Master Bdrm
  • Living Area: 1346.0
  • Stories: 2
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • 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
  • Kitchen Features:Reverse Osmosis: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Below, End Unit
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Biking/Walking Path
  • Amenities: Rental OK (See Rmks)
  • Association #2 Fee: 233.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 215.0
  • Association Fee Frequency: Monthly
  • Association: McCormick Ranch POA
  • Association Name: Palm Cove
  • Association Phone #2: 480-860-1122
  • Phone: 480-941-1077
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Palm Cove
  • Association Fees:HOA Telephone4: 480-941-1077
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 430.0
  • Association Fees:Disclosure Fees HOA: 250.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: APM Mgmt
  • Association Fees:HOA Paid Frequency 2: Annually
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Disclosure Fees HOA 2: 240.0
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Roof Replacement, Maintenance Exterior

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 134.0
  • Parcel #: 174-03-505
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1862.0
  • Tax Book Number: 174.00
  • Tax Lot: 2046
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 14, 2022
Sold by
Carrie Teffner 2011 Revocable Trust
Bought by
Andrew And Patricia Ellarby Living Trust
Seller's Agent
Robert Foster
HomeSmart
Buyer's Agent
Christina Palermo
Keller Williams Arizona Realty
List Price
$554,000
Sold Price
$490,000
Premium/Discount to List
-$64,000
-11.55%
Views
7
Current Estimated Value
$587,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,438
Avg. Annual Appreciation
7.06%

Purchase Details

Listed on
Aug 31, 2018
Closed on
Jan 25, 2019
Sold by
Simpson Robert K and Simpson Catherine B
Bought by
Teffner Carrie and Teffner Christopher
Seller's Agent
Susan Reginato
West USA Realty
Buyer's Agent
Robert Foster
HomeSmart
List Price
$375,000
Sold Price
$332,000
Premium/Discount to List
-$43,000
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%

Purchase Details

Listed on
Mar 5, 2012
Closed on
May 22, 2012
Sold by
Simpson Cathy and Simpson Robert
Bought by
Simpson Robert K and Simpson Catherine B
Seller's Agent
James Samsing
Econest, Inc.
Buyer's Agent
Susan Reginato
West USA Realty
List Price
$225,000
Sold Price
$200,199
Premium/Discount to List
-$24,801
-11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$85,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2012
Closed on
May 14, 2012
Sold by
Sabr Mortgage Loan 2008 1 Reo Subsidiary
Bought by
Simpson Cathy and Simpson Robert
Seller's Agent
James Samsing
Econest, Inc.
Buyer's Agent
Susan Reginato
West USA Realty
List Price
$225,000
Sold Price
$200,199
Premium/Discount to List
-$24,801
-11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2011
Sold by
Stratton Gregory
Bought by
Sabr Mortgage Loan 2008-1 Reo Subsidiary

Purchase Details

Closed on
Mar 5, 2007
Sold by
Gonzales Julian A
Bought by
Stratton Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 28, 2007
Sold by
Gonzales Adam J
Bought by
Gonzales Julian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 16, 2003
Sold by
Lerona Eliza E
Bought by
Gonzales Julian A and Gonzales Adam J

Purchase Details

Closed on
May 23, 2002
Sold by
Kauffman Robert J and Kauffman Jean T
Bought by
Lerona Eliza E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 1994
Sold by
Palm Cove Scottsdale L L C
Bought by
Hobbs Robert Clark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
8.91%
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
Andrew And Patricia Ellarby Living Trust $490,000 Pioneer Title Services
Teffner Carrie $332,000 Greystone Title Agency Llc
Simpson Robert K -- None Available
Simpson Cathy $200,199 Magnus Title Agency
Sabr Mortgage Loan 2008-1 Reo Subsidiary $181,000 None Available
Stratton Gregory $320,000 Security Title Agency
Gonzales Julian A -- Security Title Agency
Gonzales Julian A $192,500 Arizona Title Agency Inc
Lerona Eliza E $190,000 Equity Title Agency Inc
Hobbs Robert Clark $139,000 Fidelity Title
Palm Cove Scottsdale L L C $122,612 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wadas Patricia A $85,000
Previous Owner Stratton Gregory $288,000
Previous Owner Lerona Eliza E $152,000
Previous Owner Kauffman Robert J $50,000
Previous Owner Hobbs Robert Clark $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $490,000 -1.5% $364 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/19/2022 11/19/22 Price Changed $497,500 -10.2% $370 / Sq Ft
10/21/2022 10/21/22 For Sale $554,000 +66.9% $412 / Sq Ft
01/29/2019 01/29/19 Sold $332,000 -2.1% $247 / Sq Ft
01/06/2019 01/06/19 Pending -- -- --
12/29/2018 12/29/18 Price Changed $339,000 -3.1% $252 / Sq Ft
11/16/2018 11/16/18 Price Changed $350,000 -2.8% $260 / Sq Ft
10/17/2018 10/17/18 Price Changed $360,000 -2.4% $267 / Sq Ft
09/30/2018 09/30/18 Price Changed $369,000 -1.6% $274 / Sq Ft
08/31/2018 08/31/18 For Sale $375,000 +87.3% $279 / Sq Ft
05/21/2012 05/21/12 Sold $200,199 -6.9% $149 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
03/27/2012 03/27/12 Price Changed $215,000 -4.4% $160 / Sq Ft
03/05/2012 03/05/12 For Sale $225,000 -- $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 $1,675 $29,349 -- --
2024 $1,638 $22,540 -- --
2023 $1,638 $39,030 $7,800 $31,230
2022 $1,862 $30,770 $6,150 $24,620
2021 $1,979 $29,670 $5,930 $23,740
2020 $1,961 $28,120 $5,620 $22,500
2019 $1,893 $26,370 $5,270 $21,100
2018 $1,588 $24,770 $4,950 $19,820
2017 $1,498 $24,020 $4,800 $19,220
2016 $1,468 $23,410 $4,680 $18,730
2015 $1,411 $23,650 $4,730 $18,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6480033

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-03-505