NOT LISTED FOR SALE

Estimated Value: $1,080,564 - $1,261,000

5 Beds
3.5 Baths
3,705 Sq Ft
$316/Sq Ft Est. Value

Last Sold April 19, 2018

Last sale price $640,000 $173 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,737/month

8 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Two Primary Bathrooms
  • Franklin at Brimhall Elementary School Rated A
  • City Lights View
  • Wood Flooring

About This Home

As of April 2018

Beautiful home located in Madrid w/spectacular mountain views & Az beauty. Imagine coming home to a three-car garage & paved driveway. You walk into a gourmet kitchen w/a huge granite covered island big enough to seat 5. The 6burner gas Dacor stove is a chef’s delight. Subzero refrigerator has enough room for even the holiday groceries. You delight at the wine-cooler, walk-in pantry, oversized dishwasher & microwave. The built-in buffet serves both the great & the formal dining room which makes entertaining easy. Gas fireplace is warm on a cold night as the 12ft ceilings soar above. As you walk to the east wing, a large roman tube w/ dual vanity catches your eye. The master suite has bay windows w/it’s own sitting area that looks out over the view from the backyard. The resort like backyard has a heated pool and spa, a Jenn Air built-in BBQ and an area for grass or garden. The views of the sunset & sunrise are spectacular. Heaven on Mother Earth, welcome HOME.

Last Agent to Sell the Property

Kathleen Benton

Berkshire Hathaway HomeServices Arizona Properties License #BR660451000 Listed on: 02/28/2018

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Gordon Baker

RE/MAX Alliance Group License #SA536186000

RE/MAX Alliance Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 2003

Lot Details

  • 0.44 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $101 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 4 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 3,705 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Solar Screens
  • Family Room with Fireplace
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Storage
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 219-31-259

Community Details

Overview

  • Association fees include ground maintenance
  • Tri City Association, Phone Number (480) 844-2224
  • Built by Schuler Homes Of Arizona Llc
  • Madrid Subdivision, Cordoba Floorplan

Recreation

  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,602

Year Built

Built in 2003

Lot Details

0

HOA Fees

$101 per month

Parking

3

Listing Details

  • Cross Street: McDowell & Power Rd
  • 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: 100.83
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: FROM POWER AND MCDOWELL: EAST ON MCDOWELL, RIGHT ON 88TH STREET INTO MADRID NEIGHBORHOOD. LEFT ON NORTHRIDGE ST, CONTINUE AS IT TURNS INTO N KEESHA THAT BECOMES MENLO CR. HOME ON LEFT.
  • Master Model: Cordoba
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.44
  • Subdivision Name: MADRID
  • Architectural Style: Spanish
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 302.5
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Fire Pit, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3705.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane, Low-E
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Fireplace:Firepit: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Playground
  • Association Fee: 302.5
  • Association Fee Frequency: Quarterly
  • Association Name: Tri City
  • 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: Tri City
  • 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: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: 19379.0
  • Parcel #: 219-31-259
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Schuler Homes Of Arizona Llc

Tax Info

  • Tax Annual Amount: 4602.48
  • Tax Book Number: 219.00
  • Tax Lot: 125
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Mar 28, 2018
Sold by
Pennella Italo and Pennella Kimberly
Bought by
Weber Fred J and Weber Debra J
Seller's Agent
Kathleen Benton
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Gordon Baker
RE/MAX Alliance Group
List Price
$640,000
Sold Price
$640,000
Current Estimated Value
$1,170,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,391
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Jul 22, 2010
Sold by
Gmac Mortagge Llc
Bought by
Pennella Italo and Pennella Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,800
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2010
Sold by
Patterson John Rigby
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
May 20, 2004
Sold by
Patel Nimesh and Patel Neelam
Bought by
Patterson John Rigby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2004
Sold by
Schuler Homes Of Arizona Llc
Bought by
Patel Nimesh and Patel Neelam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,932
Interest Rate
4.87%
Mortgage Type
New Conventional
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
Weber Fred J $640,000 Premier Title Agency
Pennella Italo $401,000 Fidelity National Title
Gmac Mortgage Llc $473,130 Security Title Agency
Patterson John Rigby $560,000 Chicago Title Insurance Co
Patel Nimesh $502,665 Century Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pennella Italo $320,000
Previous Owner Pennella Italo $320,800
Previous Owner Patterson John Rigby $720,000
Previous Owner Patterson John Rigby $60,670
Previous Owner Patterson John Rigby $532,000
Previous Owner Patel Nimesh $410,932
Closed Patel Nimesh $77,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2018 04/19/18 Sold $640,000 0.0% $173 / Sq Ft
02/28/2018 02/28/18 For Sale $640,000 -- $173 / 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 $5,463 $61,765 -- --
2024 $5,512 $58,824 -- --
2023 $5,512 $71,070 $14,210 $56,860
2022 $5,386 $56,710 $11,340 $45,370
2021 $5,459 $54,060 $10,810 $43,250
2020 $5,380 $50,470 $10,090 $40,380
2019 $4,987 $46,530 $9,300 $37,230
2018 $4,763 $45,500 $9,100 $36,400
2017 $4,602 $47,720 $9,540 $38,180
2016 $4,506 $48,470 $9,690 $38,780
2015 $4,199 $46,260 $9,250 $37,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5730497

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-31-259