NOT LISTED FOR SALE

8548 E Concho Ln Carefree, AZ 85377

Estimated Value: $3,020,000 - $3,537,000

3 Beds
5 Baths
5,600 Sq Ft
$586/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $1,520,000 $271 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $17,955/month

110 Days on Market

Highlights

  • Tennis Courts
  • Private Pool
  • City Lights View
  • Black Mountain Elementary School Rated A-
  • Sitting Area In Primary Bedroom
  • 7.77 Acre Lot

About This Home

As of April 2016

Richly upgraded and almost 8 acres of property make this enclave one of Carefree's most classic properties and then greatly expanded and improved. You won't have to look down on rooftops because you'll own the land below! Keep it for your privacy or as an investment. Among many improvements--bathrooms redone, home re-roofed, entire home redone in 2000. Pampered and well-maintained residence that also includes a study with full bath. Four garages for the toys! Go swimming, play tennis, soak in the hot tub, all steps from the home. Richly vegetated property with over 50 saguaros. Perfectly set up for entertaining friends. Acreage includes adjacent 3.3 acre lot, parcel number 216-25-079, that owners purchased to protect panoramic views! All new thermo pane windows were added in the whole house rennovation, a lower solid poured concrete garage was added, solid core doors installed, new appliances in the kitchen, new heating and cooling units, water heaters have had new anodes replaced, the pool has been replastered. outdoor patios have just been resurfaced as well. The kitchen includes 2 wall ovens, a regular and a convection oven, hot water dispenser, 2 disposals, and a vegetable sink on the huge island.

Last Agent to Sell the Property

Preston Westmoreland

Russ Lyon Sotheby's International Realty License #SA036596000 Listed on: 11/10/2015

Russ Lyon Sotheby's International Realty

Co-Listed By

Nancy Westmoreland

Russ Lyon Sotheby's International Realty License #SA034202000

Last Buyer's Agent

Frankie Miles

Ventana Fine Properties License #SA656816000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,836

Year Built

  • Built in 1979

Lot Details

  • 7.77 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 4 Car Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Designed by Fred Osman Architects
  • Contemporary Architecture
  • Tile Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 5,600 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 3 Fireplaces
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer

Home Security

  • Security System Owned
  • Intercom

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Water Filtration System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Built by custom
  • Cow Track Estates 2 Subdivision

Listing and Financial Details

  • Tax Lot 98, 75
  • Assessor Parcel Number 216-25-102

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,836

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Cross Street: sombrero and concho lane
  • Property Type: Residential
  • Architect Architect: Fred Osman
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2000
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2000
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2000
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2015
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1979
  • Spa Private: Yes
  • Tax Year: 2015
  • Directions: NE on Concho, home is on the left
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 7.77
  • Co List Office Mls Id: lyon05
  • Co List Office Phone: 480-488-2400
  • Subdivision Name: cow track estates 2
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 3
  • Fireplace Features: 3+ Fireplace
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Upstairs, Walk-In Closet(s), Eat-in Kitchen, 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Intercom, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 5600.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Builder
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Yard, Tennis Court(s), Built-in Barbecue
  • Lot Features: Sprinklers In Front, Desert Front, Natural Desert Back, Auto Timer H2O Front
  • Pool Features: Private
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Tile, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Washer Included
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 338461.0
  • Parcel #: 216-25-102
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: custom

Tax Info

  • Tax Annual Amount: 6836.0
  • Tax Book Number: 216.00
  • Tax Lot: 98, 75
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2015
Closed on
Apr 22, 2016
Sold by
Barrick Bruce D and Barrick June D
Bought by
The Marquez Living Trust
Seller's Agent
Preston Westmoreland
Russ Lyon Sotheby's International Realty
Buyer's Agent
Frankie Miles
Ventana Fine Properties
List Price
$1,625,000
Sold Price
$1,520,000
Premium/Discount to List
-$105,000
-6.46%
Current Estimated Value
$3,279,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,759,309
Avg. Annual Appreciation
8.47%
Original Mortgage
$1,036,000
Outstanding Balance
$824,387
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$2,454,922

Purchase Details

Listed on
Nov 10, 2015
Closed on
Apr 12, 2016
Sold by
Barrick June D and The June D Barrick Revocable T
Bought by
The Marquez Living Trust
Seller's Agent
Preston Westmoreland
Russ Lyon Sotheby's International Realty
Buyer's Agent
Frankie Miles
Ventana Fine Properties
List Price
$1,625,000
Sold Price
$1,520,000
Premium/Discount to List
-$105,000
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,036,000
Outstanding Balance
$824,387
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$2,454,922
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
The Marquez Living Trust $225,000 Greystone Title Agency Llc
The Marquez Living Trust $1,295,000 Greystone Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Marquez Living Trust $1,036,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2016 04/27/16 Sold $1,520,000 -6.5% $271 / Sq Ft
11/10/2015 11/10/15 For Sale $1,625,000 -- $290 / 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 $6,003 $150,094 -- --
2024 $5,758 $142,946 -- --
2023 $5,758 $216,600 $43,320 $173,280
2022 $5,682 $183,560 $36,710 $146,850
2021 $6,199 $178,960 $35,790 $143,170
2020 $4,312 $106,850 $21,370 $85,480
2019 $4,142 $106,650 $21,330 $85,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5360667

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-25-119