NOT LISTED FOR SALE

8420 S 50th Dr Unit 3 Laveen, AZ 85339

Laveen Neighborhood

Estimated Value: $385,885 - $409,000

3 Beds
2.5 Baths
1,943 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 22, 2013

Last sale price $145,000 $75 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $2,359/month

11 Days on Market

Highlights

  • Vaulted Ceiling
  • Private Yard
  • Cul-De-Sac
  • Phoenix Coding Academy Rated A
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of March 2013

Beautiful 2 story home with an open floor plan, vaulted ceilings, loft area & family room connected to spacious eat in kitchen with pantry & island. Large master bedroom features his/hers closets, + separate shower & tub in the attached bath. The home features upgrades galore like beautiful “stone” porcelain tile,upgraded light fixtures, 2 inch blinds through out, Frigidaire smooth glass cook top, microwave, and dishwasher. Deluxe pre-wired for surround sound inside & outside. Security system with wired windows, doors, and motion detector. Great Cul-de-sac lot has nicely landscaped huge backyard and beautiful South Mountain views from upstairs. Super close to a neighborhood park w/ children’s play equipment. Close to shopping, library, & airport

Last Agent to Sell the Property

Mario Ayala

West USA Realty License #SA626438000 Listed on: 01/27/2013

West USA Realty

Last Buyer's Agent

Ashalatha Badireddi

Rapido Realty, LLC License #BR585573000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,076

Year Built

  • Built in 2005

Lot Details

  • 6,618 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $68 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,943 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Cheatham Elementary School
  • Cesar Chavez High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number 300-84-636

Community Details

Overview

  • Association fees include ground maintenance
  • Cheatham Farms Association, Phone Number (623) 877-1396
  • Built by DR Horton
  • Cheatham Farms Unit 3 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,076

Year Built

Built in 2005

Lot Details

0

HOA Fees

$68 per month

Parking

2

Listing Details

  • Cross Street: 51st 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
  • Energy Green Feature H E R S Rating: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2008
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2005
  • Tax Year: 2012
  • Directions: S on 51ST Ave, E (left) on South Mountain, S (right) on 50th Dr, Property is on your right side of the street.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: Cheatham Farms Unit 3
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 205.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1943.0
  • Stories: 2
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric, Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 205.0
  • Association Fee Frequency: Quarterly
  • Association Name: Cheatham Farms
  • Phone: 623-877-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 525.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Cheatham Farms
  • Association Fees:HOA Telephone4: 623)877-1396
  • 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
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Cheatham Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6618.0
  • Parcel #: 300-84-636
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Annual Amount: 1076.0
  • Tax Book Number: 300.00
  • Tax Lot: 143
  • Tax Map Number: 84.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2013
Closed on
Mar 4, 2013
Sold by
Vigil Sandra and Vigil Michael
Bought by
Shaumugam Muthukumarasamy Lalapet
Seller's Agent
Mario Ayala
West USA Realty
Buyer's Agent
Ashalatha Badireddi
Rapido Realty, LLC
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$399,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,721
Avg. Annual Appreciation
8.40%
Original Mortgage
$116,000
Outstanding Balance
$81,672
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$318,049

Purchase Details

Listed on
Jan 27, 2013
Closed on
Feb 27, 2013
Sold by
Dhaksshinamurthy Anitha
Bought by
Shanmugam Muthukumarasamy Lalapet
Seller's Agent
Mario Ayala
West USA Realty
Buyer's Agent
Ashalatha Badireddi
Rapido Realty, LLC
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Outstanding Balance
$81,672
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$318,049

Purchase Details

Closed on
Feb 11, 2012
Sold by
Montano John S and Montano Mashel
Bought by
Virgil Sandra and Vigil Micheal

Purchase Details

Closed on
Mar 6, 2009
Sold by
Gibson Brian and Gibson Tina
Bought by
Montano Isabel and Montano John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,554
Interest Rate
5.06%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 2008
Sold by
Montoya Imelda
Bought by
The Gibson Family Trust

Purchase Details

Closed on
Oct 27, 2006
Sold by
Lee Brent D and Lee Dean R
Bought by
Montoya Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,040
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2005
Sold by
Lee Brent D
Bought by
Lee Brent D and Lee Dean R

Purchase Details

Closed on
Sep 22, 2005
Sold by
Continental Homes Inc
Bought by
Lee Brent D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,620
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2003
Sold by
Acacia Credit Fund 7 Llc
Bought by
Chi Construction Co
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
Shaumugam Muthukumarasamy Lalapet $145,000 Empire West Title Agency
Shanmugam Muthukumarasamy Lalapet -- Empire West Title Agency
Virgil Sandra -- None Available
Montano Isabel $135,000 Precision Title Agency Inc
The Gibson Family Trust $96,368 None Available
Montoya Imelda $256,300 First American Title Ins Co
Lee Brent D -- Security Title Agency Inc
Lee Brent D $225,716 Dhi Title Of Arizona Inc
Continental Homes Inc -- Dhi Title Of Arizona Inc
Chi Construction Co $4,150,763 Century Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaumugam Muthukumarasamy Lalapet $116,000
Previous Owner Montano Isabel $132,554
Previous Owner Montoya Imelda $205,040
Previous Owner Lee Brent D $186,620
Closed Lee Brent D $46,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2013 03/22/13 Sold $145,000 0.0% $75 / Sq Ft
02/08/2013 02/08/13 Price Changed $145,000 0.0% $75 / Sq Ft
02/07/2013 02/07/13 Pending -- -- --
01/27/2013 01/27/13 For Sale $145,000 -- $75 / 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 $2,060 $13,358 -- --
2024 $2,023 $12,722 -- --
2023 $2,023 $28,710 $5,740 $22,970
2022 $1,965 $21,670 $4,330 $17,340
2021 $1,965 $20,130 $4,020 $16,110
2020 $1,915 $18,270 $3,650 $14,620
2019 $1,917 $16,520 $3,300 $13,220
2018 $1,830 $15,070 $3,010 $12,060
2017 $1,736 $13,060 $2,610 $10,450
2016 $1,653 $12,210 $2,440 $9,770
2015 $1,492 $11,650 $2,330 $9,320
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mario Ayala

    West USA Realty

    (623) 385-9813

    7 Total Sales

    Mario Ayala
    Section Image

  • A

    Buyer's Agent in 2013

    Ashalatha Badireddi

    Rapido Realty, LLC

    (623) 293-0648

    3 in this area

    29 Total Sales

    Ashalatha Badireddi
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4881245

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-84-636

Arizona Maricopa County Laveen 85339 Laveen

8420 S 50th Dr Unit 3, Laveen, AZ

This home is located at 8420 S 50th Dr Unit 3, Laveen, AZ 85339 since 27 January 2013 and is currently estimated at $399,721, approximately $205 per square foot. This property was built in 2005. 8420 S 50th Dr Unit 3 is a home located in Maricopa County with nearby schools including Betty Fairfax High School, Phoenix Coding Academy, and Riverbend Prep.

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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