NOT LISTED FOR SALE

8540 W Palo Verde Ave Unit 2 Peoria, AZ 85345

Estimated Value: $484,786 - $524,000

3 Beds
2.5 Baths
2,588 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $237,000 $92 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,811/month

51 Days on Market

Highlights

  • Private Pool
  • Granite Countertops
  • Eat-In Kitchen
  • RV Gated
  • 2 Car Direct Access Garage
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of March 2016

The home beautiful features a full service in home cleaning including steam cleaning the carpets. The seller conducted an exhaustive 150-point inspection on this home prior to listing, and a licensed contractor completed all repairs.

Last Agent to Sell the Property

Jacqueline Moore

Opendoor Brokerage, LLC License #SA662341000 Listed on: 11/17/2015

Co-Listed By

Lisa Soltesz

Opendoor Brokerage, LLC License #BR529689000

Last Buyer's Agent

Beth Skaggs

RE/MAX Professionals License #SA526291000

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,538

Year Built

  • Built in 1999

Lot Details

  • 7,322 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,588 Sq Ft Home
  • 2-Story Property

Kitchen

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

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Fence Around Pool

Schools

  • Alta Loma Elementary And Middle School
  • Peoria High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Association fees include ground maintenance
  • Osselear Company Association, Phone Number (602) 277-4418
  • Built by Beazer Homes
  • Fairmont Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 266
  • Assessor Parcel Number 142-89-778

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,538

Year Built

Built in 1999

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Cross Street: 83rd Ave and Olive
  • Legal Info Range: 1E
  • 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: 40.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1999
  • Tax Year: 2015
  • Directions: West on Olive to 85th Ave. North on 85th to Vogel. West on Vogel to 85th Dr. North on 85th Dr to Palo Verde and home on the corner.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: opdo01
  • Co List Office Phone: 480-351-6622
  • Subdivision Name: FAIRMONT UNIT 2
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 40.0
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 2588.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Back, Gravel/Stone Front, Gravel/Stone Back, Grass Back
  • Pool Features: Fenced, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 40.0
  • Association Fee Frequency: Monthly
  • Association Name: Fairmont View
  • Phone: 602-277-4418
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 265.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Fairmont View
  • Association Fees:HOA Telephone4: (602) 277-4418
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Osselear Company
  • Association Fees:HOA Management Phone: (602) 277-4418
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Alta Loma School
  • High School: Peoria High School
  • Junior High Dist: Peoria Unified School District
  • Middle Or Junior School: Alta Loma School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7322.0
  • Parcel #: 142-89-778
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Beazer Homes

Tax Info

  • Tax Annual Amount: 1538.0
  • Tax Book Number: 142.00
  • Tax Lot: 266
  • Tax Map Number: 89.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Mar 11, 2016
Sold by
Opendoor Homes Phoenix Llc
Bought by
Lizarraga Gabriel
Seller's Agent
Jacqueline Moore
Opendoor Brokerage, LLC
Buyer's Agent
Beth Skaggs
RE/MAX Professionals
List Price
$237,000
Sold Price
$237,000
Current Estimated Value
$500,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,894
Avg. Annual Appreciation
8.09%
Original Mortgage
$232,707
Outstanding Balance
$184,614
Interest Rate
3.72%
Mortgage Type
FHA
Estimated Equity
$317,583

Purchase Details

Listed on
Nov 17, 2015
Closed on
Mar 4, 2016
Sold by
Lizarraga Tawnia Dee
Bought by
Lizarraga Gabriel
Seller's Agent
Jacqueline Moore
Opendoor Brokerage, LLC
Buyer's Agent
Beth Skaggs
RE/MAX Professionals
List Price
$237,000
Sold Price
$237,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,707
Outstanding Balance
$184,614
Interest Rate
3.72%
Mortgage Type
FHA
Estimated Equity
$317,583

Purchase Details

Listed on
Aug 24, 2015
Closed on
Oct 29, 2015
Sold by
Portillo Gloria Zacarias
Bought by
Opendoor Homes Phoenix Llc
Seller's Agent
Erica Esquivel
US Premier Real Estate
Buyer's Agent
David Berens
Opendoor Homes
List Price
$240,000
Sold Price
$222,000
Premium/Discount to List
-$18,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.91%

Purchase Details

Closed on
Feb 1, 2011
Sold by
Portillo Javier
Bought by
Portillo Gloria Zacarias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,451
Interest Rate
4.84%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2010
Sold by
Lizarraga Gabriel and Lizarraga Tawnia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 5, 2005
Sold by
Pham Tiffany
Bought by
Lizarraga Gabriel and Lizarraga Tawnia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2001
Sold by
Khuong Lam D
Bought by
Pham Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.38%

Purchase Details

Closed on
Nov 11, 1998
Sold by
Lai Kimchi Thi
Bought by
Khuong Lam D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,950
Interest Rate
7.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lizarraga Gabriel $237,000 Fidelity Natl Title Agency I
Lizarraga Gabriel -- Fidelity Natl Title Agency
Opendoor Homes Phoenix Llc $222,000 Fidelity Natl Title Agency
Portillo Gloria Zacarias -- Lawyers Title Of Arizona Inc
Portillo Gloria Zacarias $140,000 Commonwealth Land Title Insu
Federal National Mortgage Association $258,932 Great American Title Agency
Lizarraga Gabriel $285,000 Chicago Title Insurance Co
Pham Tiffany -- United Title Agency Inc
Khuong Lam D -- Lawyers Title Of Arizona Inc
Khuong Lam D $147,736 Lawyers Title Of Arizona Inc
Beazer Homes Sales Arizona Inc -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lizarraga Gabriel $232,707
Previous Owner Portillo Gloria Zacarias $136,451
Previous Owner Lizarraga Gabriel $228,000
Previous Owner Pham Tiffany $168,000
Previous Owner Khuong Lam D $132,950
Closed Lizarraga Gabriel $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2016 03/04/16 Sold $237,000 0.0% $92 / Sq Ft
11/17/2015 11/17/15 For Sale $237,000 +6.8% $92 / Sq Ft
11/04/2015 11/04/15 Sold $222,000 -0.9% $86 / Sq Ft View Prior Sale
10/05/2015 10/05/15 Pending -- -- --
10/02/2015 10/02/15 Price Changed $223,999 -2.6% $87 / Sq Ft
09/19/2015 09/19/15 Price Changed $229,999 -4.2% $89 / Sq Ft
08/24/2015 08/24/15 For Sale $240,000 -- $93 / 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 $1,732 $21,542 -- --
2024 $1,700 $20,516 -- --
2023 $1,700 $34,580 $6,910 $27,670
2022 $1,664 $26,670 $5,330 $21,340
2021 $1,778 $24,460 $4,890 $19,570
2020 $1,795 $23,250 $4,650 $18,600
2019 $1,739 $21,270 $4,250 $17,020
2018 $1,651 $20,280 $4,050 $16,230
2017 $1,666 $19,300 $3,860 $15,440
2016 $1,647 $18,030 $3,600 $14,430
2015 $1,538 $18,380 $3,670 $14,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5363940

Arizona Regional Multiple Listing Service (ARMLS)

APN: 142-89-778