NOT LISTED FOR SALE

Estimated Value: $747,000 - $1,446,000

5 Beds
3.5 Baths
4,930 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $1,385,000 $281 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,718/month

Highlights

  • Heated Spa
  • Gated Community
  • Mountain View
  • Franklin at Brimhall Elementary School Rated A
  • 0.47 Acre Lot
  • Wood Flooring

About This Home

As of June 2022

A rare combination of understated luxury and privacy, this spacious basement home will make a lasting impression on all who enter. With a prime location nestled in a culdesac and abutting open space, this lot showcases the raw desert beauty Arizona is known for. Upon entry, you will be greeted by desert views and a large open floorplan with endless options for living, dining and entertaining. The kitchen includes an endless amount of cabinetry, three ovens plus a warmer, gas cooktop and huge marble island. The main floor features the master suite, huge master bath and spectacular walk in closet in the east wing, and three guest rooms with a full bath plus bonus/flex space down the west wing. The backyard is a private retreat with pool, heated spa, artificial turf, and natural color fencing which accentuates the beautiful views of the open space. Basement level includes a large living area, dry bar with two beverage refrigerators, recently remodeled bathroom with walk in shower, designated bedroom plus additional room with murphy bed. Many recent upgrades and thoughtful improvements include the tankless water heater, flooring in basement and stairs, upgraded master bathroom tub, plus recent exterior paint.

Last Listed By

Connie Vidales

Platinum Living Realty License #BR656607000 Listed on: 05/03/2022

Platinum Living Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,378

Year Built

  • Built in 2001

Lot Details

  • 0.47 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $122 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,930 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Solar Screens
  • Family Room with Fireplace
  • Mountain Views
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2021
  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom Updated in 2021
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered patio or porch

Schools

  • Zaharis Elementary School
  • Fremont Junior High School
  • Red Mountain High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Plumbing System Updated in 2021
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number 219-31-261

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Tri City Association, Phone Number (480) 844-2224
  • Madrid Various Lots Various Tracts Replat Subdivision, Basement Home Floorplan

Recreation

  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,378

Year Built

Built in 2001

Lot Details

0

HOA Fees

$122 per month

Parking

3

Listing Details

  • Cross Street: McDowell/Power
  • Legal Info Range: 7E
  • 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: 121.67
  • Basement: Y
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2021
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2021
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2021
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: East on McDowell, past stop sign at Hawes. Right on 88th St (Madrid entrance) Left on Northridge, go straight to end (becomes Menlo),Home at end of cul de sac on right
  • Master Model: BASEMENT HOME
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.47
  • Subdivision Name: MADRID VARIOUS LOTS VARIOUS TRACTS REPLAT
  • Efficiency: Multi-Zones, Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 365.0
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Spa Features: Heated, Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 4930.0
  • Stories: 1
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: 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
  • Basement Description:Finished2: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, 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:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 365.0
  • Association Fee Frequency: Quarterly
  • Association Name: Madrid HOA
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Madrid HOA
  • Association Fees:HOA Telephone4: 480.844.2224
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Tri City
  • Association Fees:HOA Management Phone: 480.844.2224
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Zaharis Elementary
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Fremont Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20501.0
  • Parcel #: 219-31-261
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 6378.0
  • Tax Book Number: 219.00
  • Tax Lot: 128
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Ruggiero Arthur and Ruggiero Mary Dianne
Bought by
Ruggiero Family Trust
Total Days on Market
0
Current Estimated Value
$1,274,138

Purchase Details

Listed on
May 3, 2022
Closed on
May 23, 2022
Sold by
Francis Scott T and Francis Donna
Bought by
Ruggiero Arthur and Ruggiero Mary Dianne
Seller's Agent
Connie Vidales
Platinum Living Realty
Buyer's Agent
Kevin Mitchell
Kaide Real Estate Advisors
List Price
$1,325,000
Sold Price
$1,385,000
Premium/Discount to List
$60,000
4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.42%
Original Mortgage
$1,038,750
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2017
Closed on
Jun 20, 2017
Sold by
Francis Scott T
Bought by
Francis Scott T and Kosiek Donna
Seller's Agent
Janice Hourihan
Russ Lyon Sotheby's International Realty
Buyer's Agent
Connie Vidales
Platinum Living Realty
List Price
$775,000
Sold Price
$713,000
Premium/Discount to List
-$62,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%
Original Mortgage
$371,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2017
Closed on
Jun 15, 2017
Sold by
Korcuska Russell Alan and Korcuska Pamela Diane
Bought by
Francis Scott T
Seller's Agent
Janice Hourihan
Russ Lyon Sotheby's International Realty
Buyer's Agent
Connie Vidales
Platinum Living Realty
List Price
$775,000
Sold Price
$713,000
Premium/Discount to List
-$62,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2014
Sold by
Korcuska Russell A and Korkuska Pamela D
Bought by
The Korcuska Family Trust and Korcuska Pamela Diane

Purchase Details

Closed on
Jun 11, 2010
Sold by
Wells Fargo Bank Na
Bought by
Korcuska Russell A and Korcuska Pamela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2010
Sold by
Sung Sang Y
Bought by
Wachovia Mortgage Fsb and World Savings Bank

Purchase Details

Closed on
Nov 8, 2004
Sold by
Fitzwater Bryan
Bought by
Sung Sang Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2004
Sold by
Lee Se Young
Bought by
Sung Sang Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2003
Sold by
Fitzwater Dorica
Bought by
Fitzwater Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2001
Sold by
Schuler Homes Of Arizona Llc
Bought by
Fitzwater Bryan and Fitzwater Dorica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
6.51%

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
Ruggiero Family Trust -- --
Ruggiero Arthur $1,385,000 Magnus Title
Francis Scott T -- Magnus Title Agency
Francis Scott T -- Infinity Title Agency
Francis Scott T $713,000 Infinity Title Agency Llc
The Korcuska Family Trust -- None Available
Korcuska Russell A $420,000 Pioneer Title Agency Inc
Wachovia Mortgage Fsb $805,988 Accommodation
Sung Sang Y $620,000 Tsa Title Agency
Sung Sang Y -- Tsa Title Agency
Fitzwater Bryan -- Lawyers Title Insurance Corp
Fitzwater Bryan -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruggiero Arthur $1,038,750
Previous Owner Francis Scott T $100,000
Previous Owner Francis Scott T $358,100
Previous Owner Francis Scott T $371,000
Previous Owner Korcuska Family Trust $411,681
Previous Owner Korcuska Russell A $27,000
Previous Owner Korcuska Russell A $377,900
Previous Owner Korcuska Russell A $378,000
Previous Owner Sung Sang Y $712,500
Previous Owner Sung Sang Y $496,000
Previous Owner Fitzwater Bryan $380,000
Previous Owner Fitzwater Bryan $362,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $1,385,000 +4.5% $281 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $1,325,000 +85.8% $269 / Sq Ft
06/28/2017 06/28/17 Sold $713,000 -1.7% $143 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
05/03/2017 05/03/17 Price Changed $725,000 -3.3% $145 / Sq Ft
04/15/2017 04/15/17 Price Changed $750,000 -3.2% $150 / Sq Ft
03/01/2017 03/01/17 For Sale $775,000 -- $155 / 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 $6,382 $71,135 -- --
2024 $6,439 $67,747 -- --
2023 $6,439 $82,530 $16,500 $66,030
2022 $6,294 $66,920 $13,380 $53,540
2021 $6,378 $64,050 $12,810 $51,240
2020 $6,287 $62,050 $12,410 $49,640
2019 $5,835 $58,960 $11,790 $47,170
2018 $5,576 $56,810 $11,360 $45,450
2017 $5,392 $55,930 $11,180 $44,750
2016 $5,280 $57,770 $11,550 $46,220
2015 $4,927 $55,130 $11,020 $44,110
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6393464

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-31-261