NOT LISTED FOR SALE

Estimated Value: $853,901 - $1,031,000

3 Beds
2.5 Baths
2,989 Sq Ft
$326/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $440,000 $147 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $5,548/month

157 Days on Market

Highlights

  • Gated Community
  • Santa Barbara Architecture
  • Granite Countertops
  • Franklin at Brimhall Elementary School Rated A
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of April 2016

Nestled in the gated community of Madrid with city lights and mountain views, this spectacular home boasts a great room floor plan with 3 BR + den and 2 1⁄2 baths. Features include soaring ceilings, plantation shutters, custom window treatments and lighting. The gourmet kitchen is a chef’s dream, complete with granite counters and spacious island, 48” side by side refrigerator, a gas range, three ovens, microwave, warming drawer and shelf and a wine fridge. You will love the master suite with sitting area, large walk-in closet and spacious bathroom with separate tub and shower with glass block. Whether lounging by the tranquil pond with waterfall, entertaining around the built in BBQ or enjoying your own private putting green, you will love the spacious backyard.

Last Agent to Sell the Property

David Oesterle

RE/MAX Excalibur License #SA112304000 Listed on: 09/25/2015

RE/MAX Excalibur

Last Buyer's Agent

Robert Beglin

Realty Executives License #SA578289000

Realty Executives

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,275

Year Built

  • Built in 2001

Lot Details

  • 0.46 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Artificial Turf
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,989 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Living Room with Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

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

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 219-31-260

Community Details

Overview

  • Association fees include ground maintenance
  • Tri City Association, Phone Number (480) 844-2224
  • Built by Schuler Homes
  • Madrid Various Lots Various Tracts Replat Subdivision

Recreation

  • Community Playground
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,275

Year Built

Built in 2001

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • Cross Street: Power/McDowell
  • 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: 83.33
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Tax Year: 2015
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.46
  • Subdivision Name: MADRID VARIOUS LOTS VARIOUS TRACTS REPLAT
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 147.21
  • Association Fees:HOA Fee2: 250.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2989.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • 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:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • View: City Light View(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Playground, Biking/Walking Path
  • Association Fee: 250.0
  • Association Fee Frequency: Quarterly
  • Association Name: Madrid
  • 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
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 19825.0
  • Parcel #: 219-31-260

Building Info

  • Builder Name: Schuler Homes

Tax Info

  • Tax Annual Amount: 3275.0
  • Tax Book Number: 219.00
  • Tax Lot: 126
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2015
Closed on
Mar 1, 2016
Sold by
Caputo Fernanda
Bought by
Monbarren Brian M and Schroeder Mara S
Seller's Agent
David Oesterle
RE/MAX Excalibur
Buyer's Agent
Robert Beglin
Realty Executives
List Price
$479,900
Sold Price
$440,000
Premium/Discount to List
-$39,900
-8.31%
Current Estimated Value
$974,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,975
Avg. Annual Appreciation
8.53%
Original Mortgage
$396,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2001
Sold by
Schuler Homes Of Arizona Llc
Bought by
Caputo Joseph A and Caputo Fernanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Monbarren Brian M $440,000 First American Title Ins Co
Caputo Joseph A $355,540 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monbarren Brian M $396,000
Previous Owner Caputo Joseph A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2025 06/25/25 Off Market $440,000 -- --
04/15/2016 04/15/16 Sold $440,000 -4.3% $147 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
02/02/2016 02/02/16 Price Changed $459,900 -1.1% $154 / Sq Ft
10/28/2015 10/28/15 Price Changed $465,000 -3.1% $156 / Sq Ft
09/25/2015 09/25/15 For Sale $479,900 -- $161 / 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 $4,287 $49,537 -- --
2024 $4,302 $47,178 -- --
2023 $4,302 $60,770 $12,150 $48,620
2022 $4,201 $48,320 $9,660 $38,660
2021 $4,259 $45,930 $9,180 $36,750
2020 $4,196 $43,030 $8,600 $34,430
2019 $3,881 $38,930 $7,780 $31,150
2018 $3,701 $37,880 $7,570 $30,310
2017 $3,572 $39,480 $7,890 $31,590
2016 $3,495 $39,550 $7,910 $31,640
2015 $3,275 $37,380 $7,470 $29,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5339486

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-31-260