NOT LISTED FOR SALE

Estimated Value: $971,862 - $1,041,000

3 Beds
2.5 Baths
2,780 Sq Ft
$359/Sq Ft Est. Value

Last Sold December 06, 2016

Last sale price $450,000 $162 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $5,719/month

30 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • City Lights View
  • Franklin at Brimhall Elementary School Rated A
  • Gated Community
  • 0.51 Acre Lot

About This Home

As of December 2016

Resort Style Living at It's Best!Beautiful home in desirable gated Madrid w/resort-style backyard. No need to leave home-this backyard has it all - outdoor kitchen w/wet bar,refrigerator & 2 grills. Diving pool w/spa,elevated deck and gas fire pot features. Large putting green surrounded by artificial turf. Trampoline. Roof-top deck features mountain & city-light views. Inside the home offers open concept floor plan is perfect for entertaining. Kitchen is upgraded with raised panel cabinetry, granite counter tops and stainless steel appliances. The home office and living room have custom built-in cabinetry and bookcases. Split floor plan with spacious master bedroom, ensuite bath has double sinks and large walk-in custom closet. Great location - convenient to Loop 202 & Hunt Hwy

Last Agent to Sell the Property

Sindy Ready

RE/MAX Excalibur License #BR027956000 Listed on: 09/30/2016

RE/MAX Excalibur

Co-Listed By

Lisa Ramos

Real Broker License #BR567155000

Last Buyer's Agent

Lori Thompson-Tuter

Keller Williams Integrity First License #SA650919000

Keller Williams Integrity First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,565

Year Built

  • Built in 2004

Lot Details

  • 0.51 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Gated

Property Views

  • City Lights
  • Mountain

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,780 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • 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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Spa
  • Private Pool
  • Diving Board

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue
  • Playground

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 50
  • Assessor Parcel Number 219-31-125

Community Details

Overview

  • Property has a Home Owners Association
  • Tri City Association, Phone Number (480) 844-2224
  • Built by Schuler Homes of AZ
  • Madrid Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,565

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Cross Street: McDowell and Hawes Road
  • Legal Info Range: 7E
  • Property Type: Residential
  • 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 Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Spa Private: Yes
  • Tax Year: 2014
  • Directions: East to 88th Street to Madrid Entrance. Through gate and take your first left to home.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.51
  • Co List Office Mls Id: reex04
  • Co List Office Phone: 480-850-5000
  • Subdivision Name: Madrid
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 250.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Heated, Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2780.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: 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:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Gas Stub for Range: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Playground, Patio, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: Diving Pool, Private
  • View: City Lights, 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:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management, Rental OK (See Rmks)
  • 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: 400.0
  • 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_: $
  • Association Fee Incl:Street Maint: Yes

Schools

  • Elementary School: Zaharis Elementary
  • High School: Red Mountain High School
  • Middle Or Junior School: Fremont Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22138.0
  • Parcel #: 219-31-125
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Schuler Homes of AZ

Tax Info

  • Tax Annual Amount: 3565.0
  • Tax Book Number: 219.00
  • Tax Lot: 50
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2016
Closed on
Nov 30, 2016
Sold by
Montgomery Randy Ray and Montgomery Randy
Bought by
Bean Viann D and Averkamp Dale J
Seller's Agent
Sindy Ready
RE/MAX Excalibur
Buyer's Agent
Lori Thompson-Tuter
Keller Williams Integrity First
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%
Current Estimated Value
$999,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,216
Avg. Annual Appreciation
9.66%
Original Mortgage
$417,000
Outstanding Balance
$341,128
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$669,798

Purchase Details

Closed on
Apr 13, 2011
Sold by
Montgomery Randy Ray
Bought by
Montgomery Randy Ray and Randy & Julia Living Trust

Purchase Details

Closed on
Jan 12, 2011
Sold by
Montgomery Randy Ray
Bought by
Montgomery Randy Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,350
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2006
Sold by
Montgomery Randy Ray and Montgomery Julia Ann
Bought by
Montgomery Randy Ray and Montgomery Julia Ann

Purchase Details

Closed on
Aug 24, 2004
Sold by
Schuler Homes Of Arizona Llc
Bought by
Montgomery Randy R and Montgomery Julia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,722
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
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
Bean Viann D $450,000 Fidelity Natl Title Agency I
Montgomery Randy Ray -- None Available
Montgomery Randy Ray -- None Available
Montgomery Randy Ray -- None Available
Montgomery Randy R -- Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bean Viann D $417,000
Previous Owner Montgomery Randy Ray $272,350
Previous Owner Montgomery Randy R $88,000
Previous Owner Montgomery Randy R $300,000
Previous Owner Montgomery Randy R $295,722
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2016 12/06/16 Sold $450,000 -6.7% $162 / Sq Ft
10/26/2016 10/26/16 Price Changed $482,500 -0.5% $174 / Sq Ft
09/30/2016 09/30/16 For Sale $485,000 -- $174 / 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 $4,743 $54,428 -- --
2024 $4,786 $51,837 -- --
2023 $4,786 $65,880 $13,170 $52,710
2022 $4,675 $53,160 $10,630 $42,530
2021 $4,739 $49,820 $9,960 $39,860
2020 $4,670 $46,930 $9,380 $37,550
2019 $4,323 $42,510 $8,500 $34,010
2018 $4,125 $41,210 $8,240 $32,970
2017 $3,985 $42,780 $8,550 $34,230
2016 $3,899 $43,330 $8,660 $34,670
2015 $3,629 $41,230 $8,240 $32,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5504361

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-31-125