$1,325,000
SOLD SEP 18, 2020
5 Beds
5.5 Baths
4,509 Sq Ft
0.44 Acres

Recently Sold

$294 Per Sq Ft

5 Days on Market

Highlights

  • Private Pool
  • Solar Power System
  • 0.44 Acre Lot
  • Redfield Elementary School Rated A
  • Gated Community
  • Mountain View

About This Home

As of September 2020

Gorgeous Tuscan Luxury nestled in the shadows of the McDowell Mountains! This warm and inviting home offers 5 bedrooms all ensuite, 5.5 bathrooms, plus den, complete with dramatic ceilings and arch ways throughout. Located on one of the largest, premium cul-de-sac lots in the private and intimate gated community of Madrid. Over 150k of beautiful finishes and upgrades, including: hand scraped hardwood floors, plantation shutters, new exterior and interior paint, new carpet, landscaping, pool with grotto waterfall and solar panels for maximum energy efficiency. The resort-like backyard is complete paradise with stunning mountain views! Bonus feature: HUGE side yard, which is very hard to find in Madrid!

Last Agent to Sell the Property

Josh Meacham

Homesmart Pros License #BR575166000 Listed on: 08/07/2020

Homesmart Pros

Last Buyer's Agent

Kathy Nolte

Century 21 Arizona Foothills License #SA547422000

Century 21 Arizona Foothills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,120

Year Built

  • Built in 2004

Lot Details

  • 0.44 Acre Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 4,509 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Double Pane Windows
  • Solar Screens
  • Mountain Views
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Playground

Schools

  • Aztec Elementary School
  • Desert Mountain High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Hallway
  • Solar Power System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 217-50-735

Community Details

Overview

  • Association fees include ground maintenance
  • Madrid Association, Phone Number (480) 829-7400
  • Built by meritage homes
  • Madrid Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,120

Year Built

Built in 2004

Lot Details

0

HOA Fees

$150 per month

Parking

3

Listing Details

  • Cross Street: Frank Llyod Wright and Thunderbird
  • Legal Info Range: 5E
  • 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: 150.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2016
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Tax Year: 2020
  • Directions: From the 101 take Frank Llyod Wright East to Gray Rd. Turn left (North) into gate.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.44
  • Subdivision Name: MADRID
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 450.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Accessibility Features: Accessible Hallway(s)
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4509.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Playground, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: 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:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 450.0
  • Association Fee Frequency: Quarterly
  • Association Name: Madrid
  • Phone: 480-829-7400
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 160.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Madrid
  • Association Fees:HOA Telephone4: 480-829-7400
  • 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: Aztec Elementary School
  • High School: Desert Mountain High School
  • Junior High Dist: Scottsdale Unified District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19148.0
  • Parcel #: 217-50-735

Building Info

  • Builder Name: meritage homes

Tax Info

  • Tax Annual Amount: 6120.0
  • Tax Book Number: 217.00
  • Tax Lot: 1
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Sep 16, 2020
Sold by
Stenzel Scott K
Bought by
Chase Allister Benjamin
Seller's Agent
Joshua Meacham
West USA Realty - Heber
Buyer's Agent
BOARD NON
Aspen Properties, Inc. - Pinetop
Sold Price
$1,325,000
Current Estimated Value
$2,041,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,056
Avg. Annual Appreciation
8.97%
Original Mortgage
$1,048,000
Outstanding Balance
$928,306
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,112,750

Purchase Details

Closed on
Apr 22, 2005
Sold by
Stenzel Leah D
Bought by
Stenzel Scott K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,100
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2004
Sold by
Shri Llc
Bought by
Madrid Community Assn
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 Type Sale Price Title Company
Warranty Deed $1,310,000 Chicago Title Agency
Interfamily Deed Transfer -- First American Title Ins Co
Special Warranty Deed $812,404 First American Title Ins Co
Special Warranty Deed -- First American Title Ins Co
Special Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,048,000 New Conventional
Previous Owner $565,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $1,325,000 0.0% $294 / Sq Ft
09/18/2020 09/18/20 Sold $1,325,000 0.0% $294 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $1,325,000 -- $294 / 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 $6,145 $99,695 -- --
2024 $6,067 $94,947 -- --
2023 $6,067 $105,910 $21,180 $84,730
2022 $5,726 $86,120 $17,220 $68,900
2021 $6,314 $84,380 $16,870 $67,510
2020 $6,379 $87,920 $17,580 $70,340
2019 $6,134 $85,100 $17,020 $68,080
2018 $5,921 $81,900 $16,380 $65,520
2017 $5,645 $82,130 $16,420 $65,710
2016 $5,524 $76,080 $15,210 $60,870
2015 $5,229 $72,730 $14,540 $58,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6114695

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-50-735