NOT LISTED FOR SALE

8306 S 48th Ln Laveen, AZ 85339

Laveen Neighborhood

Estimated Value: $419,109 - $454,000

4 Beds
3 Baths
2,309 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 26, 2019

Last sale price $255,900 $111 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,551/month

72 Days on Market

Highlights

  • Solar Power System
  • Vaulted Ceiling
  • Corner Lot
  • Phoenix Coding Academy Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of March 2019

Seller is Motivated.Price Reduction. South Mountain Views!! Beautiful Laveen home with 4 beds + loft AND 3 bathrooms!! Gourmet eat in kitchen has white kitchen cabinets with lots of counterspace. Guest bedroom and gorgeous remodeled bathroom downstairs. Upstairs has loft, bedrooms and split master. Master has a walk in closet, spa-like master bathroom. Entertain family and friends in the backyard oasis with a covered patio, built-in BBQ/kitchen and firepit! Solar panels are included with the sale of the home. The solar panels are NOT leased!! They are owned. Attached is a 12 month history of the electricity bills by SRP so that you can see the cost savings. The upstairs a/c and water heater have been replaced. Brazilian Cherry Wood flooring and tile downstairs. Kitchen has been remodeled.

Last Agent to Sell the Property

Alfred Rea

Realty ONE Group License #SA573769000 Listed on: 12/15/2018

Last Buyer's Agent

Marcus De La Garza

HomeSmart License #SA668226000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,980

Year Built

  • Built in 2007

Lot Details

  • 6,802 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,309 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Cheatham Elementary School
  • Vista Del Sur Accelerated Middle School
  • Betty Fairfax High School

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include (see remarks)
  • Laveen Ranch Association, Phone Number (602) 957-9191
  • Built by Richmond American Homes
  • Villages Of Laveen Ranch Subdivision

Listing and Financial Details

  • Tax Lot 246
  • Assessor Parcel Number 300-21-317

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,980

Year Built

Built in 2007

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • Cross Street: 51st. Ave and Baseline Rd.
  • Legal Info Range: 2E
  • 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: 74.33
  • 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: 2007
  • Tax Year: 2018
  • Directions: Head south and make a left on South Mountain Ave. Make a left on 48th Ln.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: VILLAGES OF LAVEEN RANCH
  • Efficiency: Solar Panels, Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 223.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2309.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 223.0
  • Association Fee Frequency: Quarterly
  • Association Name: Laveen Ranch
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Laveen Ranch
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Cheatham Elementary School
  • High School: Betty Fairfax High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Vista Del Sur Accelerated

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6802.0
  • Parcel #: 300-21-317

Building Info

  • Builder Name: Richmond American Homes

Tax Info

  • Tax Annual Amount: 1980.0
  • Tax Book Number: 300.00
  • Tax Lot: 246
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2018
Closed on
Mar 13, 2019
Sold by
Reyes Ramil Morales and Reyes Raquel P
Bought by
Covarrubias Joshua and Ruiz Emma Yolanda
Seller's Agent
Alfred Rea
Realty ONE Group
Buyer's Agent
Marcus De La Garza
HomeSmart
List Price
$279,000
Sold Price
$255,900
Premium/Discount to List
-$23,100
-8.28%
Current Estimated Value
$432,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,377
Avg. Annual Appreciation
8.32%
Original Mortgage
$251,264
Outstanding Balance
$221,349
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$210,928

Purchase Details

Closed on
Aug 22, 2007
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Reyes Ramil Morales and Reyes Raquel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,802
Interest Rate
6.73%
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
Covarrubias Joshua $255,900 First Arizona Title Agcy Llc
Reyes Ramil Morales $260,430 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covarrubias Joshua $251,264
Previous Owner Reyes Ramil Morales $256,802
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2019 03/26/19 Sold $255,900 +0.4% $111 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
02/19/2019 02/19/19 Price Changed $254,900 -3.4% $110 / Sq Ft
02/04/2019 02/04/19 Price Changed $264,000 -1.9% $114 / Sq Ft
01/10/2019 01/10/19 Price Changed $269,000 -3.6% $117 / Sq Ft
12/15/2018 12/15/18 For Sale $279,000 -- $121 / 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 $2,223 $15,992 -- --
2024 $2,182 $15,230 -- --
2023 $2,182 $30,130 $6,020 $24,110
2022 $2,116 $22,910 $4,580 $18,330
2021 $2,133 $21,400 $4,280 $17,120
2020 $2,076 $19,650 $3,930 $15,720
2019 $2,081 $17,970 $3,590 $14,380
2018 $1,980 $16,730 $3,340 $13,390
2017 $1,872 $14,700 $2,940 $11,760
2016 $1,777 $14,070 $2,810 $11,260
2015 $1,600 $14,710 $2,940 $11,770
Source: Public Records

Agents Affiliated with this Home

  • Alfred Rea

    Seller's Agent in 2019

    Alfred Rea

    Realty One Group

    (602) 751-5843

    34 Total Sales

    Alfred Rea
    Section Image

  • M

    Buyer's Agent in 2019

    Marcus De La Garza

    HomeSmart

    (602) 230-7600

    17 Total Sales

    Marcus De La Garza
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5857899

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-21-317

Arizona Maricopa County Laveen 85339 Laveen

8306 S 48th Ln, Laveen, AZ

This home is located at 8306 S 48th Ln, Laveen, AZ 85339 since 15 December 2018 and is currently estimated at $432,277, approximately $187 per square foot. This property was built in 2007. 8306 S 48th Ln is a home located in Maricopa County with nearby schools including Betty Fairfax High School, Phoenix Coding Academy, and Legacy Traditional School - Laveen Village.

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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