NOT LISTED FOR SALE

Estimated Value: $790,000 - $977,000

3 Beds
2.5 Baths
2,574 Sq Ft
$350/Sq Ft Est. Value

Sale Details

Date Sold: February 24, 2022

Last sale price $927,000 $360 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,298 / mo

4 Days on Market

Highlights

  • Heated Spa
  • Solar Power System
  • Mountain View
  • Franklin at Brimhall Elementary School Rated A
  • Reverse Osmosis System
  • Granite Countertops

About This Home

As of February 2022

Absolutely STUNNING home nestled in the highly sought after GATED community of Madrid. Almost half acre Premium cul-de-sac road lot backs to Park with no neighbors behind offering the most Tranquil Desert Setting and affords the RESORT-STYLE Backyard the most Amazing Sunrises, Breathtaking Sunsets and Majestic Mountain Views. Features include OWNED SOLAR, 3 Bed, 2.5 Bath PLUS Office, 3 Car Garage and RV gate. Bright and spacious open split floorplan boasts Formal Dining, Great Room w/Stone Fireplace and Entertainment Center. Chefs delight Gourmet Kitchen with SS Appliances, Gas Cook Top, Wall Oven, Built-in Microwave and Warming Drawer, Breakfast Nook, Kitchen Island and Bar with ample Granite Counterspace and tons of storage. Master Suite with separate exit and Spacious Master Bath with Dual Sinks, Separate Tub and Shower and large Walk-in Master Closet. Relax and unwind or entertain in your Private Backyard Oasis with Sparkling Heated Pool and Spa with Waterfall feature, Swim Up Table, Gas Firepit, Built-in BBQ, Cover Patio with Misters, Turf, Putting Green and Beautiful Natural Desert Views. This is a true Desert Oasis that you will love to call home. Madrid offers parks and playground and just minutes to some of the best Hiking and Biking Trails. Golf Courses, Salt River & Lakes. Close to Loop 202 Freeway, Dinning, Shopping and just 20 minutes to Sky Harbor Airport and Downtown Scottsdale. This is a rare find so schedule your showing today! Furnishings available on a separate bill of sale.

Last Agent to Sell the Property

Lorraine Ryall

KOR Properties License #BR625914000 Listed on: 01/30/2022

Last Buyer's Agent

Chris Lundberg

Redeemed Real Estate License #BR644238000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,516

Year Built

  • Built in 2003

Lot Details

  • 19,800 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $122 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Tandem Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,574 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Roller Shields
  • Family Room with Fireplace
  • Formal Dining Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps

Eco-Friendly Details

  • North or South Exposure
  • Solar Power System

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

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

Schools

  • Las Sendas Elementary School
  • Fremont Junior High School
  • Red Mountain High School

Utilities

  • Central Air
  • Heating Available
  • Gas Available
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 219-31-163

Community Details

Overview

  • Association fees include ground maintenance
  • Tri City Property Mg Association, Phone Number (480) 844-2224
  • Madrid Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,516

Year Built

Built in 2003

Lot Details

0.45 Acres

HOA Fees

$122 per month

Parking

3

Listing Details

  • Cross Street: McDowell and Ellsworth
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 121.67
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.45
  • Subdivision Name: MADRID
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 360.14
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Private, Heated
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Cooktop, Microwave, Reverse Osmosis, Gas Oven, Gas Range, Washer, Dryer, Water Softener Owned
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas, Fire Pit
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Eat-in Kitchen, Breakfast Bar, Pantry, Kitchen Island, Granite Counters, High Speed Internet, 9+ Flat Ceilings, Roller Shields, No Interior Steps
  • Living Area: 2574.0
  • Stories: 1
  • Window Features: Dual Pane

Exterior Features

  • Fencing: Wrought Iron, Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Cul-De-Sac, North/South Exposure, Borders Common Area, Desert Front, Desert Back, Sprinklers In Front, Sprinklers In Rear, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Wood Frame, Painted, Stucco
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gated, Tandem, Garage Door Opener, Attch'd Gar Cabinets, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Playground
  • Association Fee: 365.0
  • Association Fee Frequency: Quarterly
  • Association Name: Madrid
  • Phone: 480.844.2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: Tri City Property Mg
  • Association Fees:HOA Management Phone: 480-844-2224

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Las Sendas Elementary School
  • 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: 19800.0
  • Parcel #: 219-31-163

Building Info

  • Builder Name: -

Tax Info

  • Tax Annual Amount: 4516.0
  • Tax Lot: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2022
Closed on
Feb 17, 2022
Sold by
Stanley Gorsuch M and Stanley Claudette
Bought by
Mullen Darren J and Mullen Lori M
Seller's Agent
Lorraine Ryall
KOR Properties
Buyer's Agent
Chris Lundberg
Redeemed Real Estate
List Price
$839,000
Sold Price
$927,000
Premium/Discount to List
$88,000
10.49%
Current Estimated Value
$901,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,437
Avg. Annual Appreciation
-0.66%
Original Mortgage
$647,200
Outstanding Balance
$600,974
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$300,589

Purchase Details

Listed on
Sep 24, 2020
Closed on
Oct 16, 2020
Sold by
Narducci Anthony B and Narducci Patricia A
Bought by
Gorsuch M Stanley M and Gorsuch Claudette
Seller's Agent
Kirk Erickson
Schreiner Realty
Buyer's Agent
Edyi Fawcett-Nickola
Real Broker
List Price
$649,900
Sold Price
$643,000
Premium/Discount to List
-$6,900
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.39%
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2018
Closed on
Dec 5, 2018
Sold by
Catlett Mark James and Catlett Mary Jo
Bought by
Narducci Anthony B and Narducci Patricia A
Seller's Agent
Thomas Mastromatto
Mountain Lake Realty
Buyer's Agent
Kirk Erickson
Schreiner Realty
List Price
$549,900
Sold Price
$549,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$439,920
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2016
Sold by
Catlett Mark J and Catlett Mary Jo
Bought by
Catlett Mark James and Catlett Mary Jo

Purchase Details

Closed on
Aug 6, 2014
Sold by
Smith Robert W and Smith Kristie M
Bought by
Catlett Mark J and Catlett Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2003
Sold by
Schuler Homes Of Arizona Llc
Bought by
Smith Robert W and Smith Kristie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.22%
Mortgage Type
New Conventional
Source: Public Records
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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
Mullen Darren J $927,000 Security Title
Gorsuch M Stanley M $643,000 Clear Title Agency Of Az
Narducci Anthony B $549,900 Clear Title Agency Of Arizon
Catlett Mark James -- None Available
Catlett Mark J $485,000 First American Title Ins Co
Smith Robert W $323,151 Century Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullen Darren J $647,200
Previous Owner Gorsuch M Stanley M $510,400
Previous Owner Narducci Anthony B $439,920
Previous Owner Catlett Mark J $225,000
Previous Owner Smith Robert W $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2022 02/24/22 Sold $927,000 +10.5% $360 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $839,000 +30.5% $326 / Sq Ft
10/22/2020 10/22/20 Sold $643,000 -1.1% $250 / Sq Ft View Prior Sale
09/28/2020 09/28/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $649,900 +18.2% $252 / Sq Ft
12/07/2018 12/07/18 Sold $549,900 0.0% $214 / Sq Ft View Prior Sale
11/06/2018 11/06/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $549,900 -- $214 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $5,145 $52,152 -- --
2024 $4,561 $49,668 -- --
2023 $4,561 $64,030 $12,800 $51,230
2022 $4,454 $51,070 $10,210 $40,860
2021 $4,516 $48,530 $9,700 $38,830
2020 $4,449 $45,450 $9,090 $36,360
2019 $4,117 $41,420 $8,280 $33,140
2018 $3,928 $40,000 $8,000 $32,000
2017 $3,793 $41,560 $8,310 $33,250
2016 $3,711 $41,850 $8,370 $33,480
2015 $3,452 $39,780 $7,950 $31,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6347822

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-31-163

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