NOT LISTED FOR SALE

Estimated Value: $1,590,000 - $1,949,000

4 Beds
-- Bath
3,523 Sq Ft
$506/Sq Ft Est. Value

Last Sold April 09, 2013

Last sale price $968,000 $275 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $10,111/month

945 Days on Market

Highlights

  • Views of Red Rock
  • 1.01 Acre Lot
  • Skylights
  • Guest House
  • Wood Flooring
  • Double Pane Windows

About This Home

As of April 2013

Custom Santa Fe style home in gated community of La Barranca. Panoramic views from rotunda style living & dining area. 3 bedroom suites. Master has luxurious spa style bath & private deck. Guest casita w/ separate entry. Expansive chef's kitchen w/ Verde fire granite slabs, custom tile, & flagstone flooring. Rounded dining area includes dining set. Living area has stone fireplace w/ juniper wood cabinetry by local artist. Solid hickory wood floors & travertine tile throughout. Unique architectural elements w/ use of large hand peeled vegas. 3 covered viewing decks w/ stone columns & special lighting capture dramatic views of red rocks, mountains, open space. 10 ft. ceilings in every rm. Inspiring designer paint colors throughout. Back of house faces ac... (see supplement for full remarks) Custom Santa Fe style home in gated community of La Barranca. Panoramic views from rotunda style living & dining area. 3 bedroom suites. Master has luxurious spa style bath & private deck. Guest casita w/ separate entry. Expansive chef's kitchen w/ Verde fire granite slabs, custom tile, & flagstone flooring. Rounded dining area includes dining set. Living area has stone fireplace w/ juniper wood cabinetry by local artist. Solid hickory wood floors & travertine tile throughout. Unique architectural elements w/ use of large hand peeled vegas. 3 covered viewing decks w/ stone columns & special lighting capture dramatic views of red rocks, mountains, open space. 10 ft. ceilings in every rm. Inspiring designer paint colors throughout. Back of house faces acres of open space preserve. 5 star guest casita has kitchen w/ granite slabs, brass sink, hickory wood floors & cabinets, bathroom w/ spa steamer, some furniture, covered deck. 1 owner is Arizona licensed realtor& listing agent.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 09/07/2010

Last Buyer's Agent

Julie Valentin

Realty ONE Group Mountain Desert License #SA564912000

Realty ONE Group Mountain Desert

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,796

Year Built

  • Built in 2005

Lot Details

  • 1.01

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Views of Red Rock
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathtub With Separate Shower Stall

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Propane
  • Cable TV Available

Additional Features

  • 1.01 Acre Lot
  • Guest House

Community Details

  • La Barranca Subdivision

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 405555070

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,796

Year Built

Built in 2005

Lot Details

0

HOA Fees

$99 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Basement: N
  • Year Built: 2005
  • Tax Year: 2011
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 1.01
  • Subdivision Name: La Barranca
  • Architectural Style: Other
  • Association Fees:HOA Fee2: 297.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Utilities Butane Propane: Yes
  • View Red RocksBoulders: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Tile, Wood
  • Basement YN: No
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Window Features: Skylight(s), Dual Pane, Tinted Windows
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Construction Type: Stucco, Wood Frame, See Remarks, Block
  • Other Structures: Separate Guest House
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Utilities: Propane
  • Cooling: Ceiling Fan(s)
  • Heating: Propane
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Association Fee: 297.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Fees:HOA Paid Frequency: Quarterly

Lot Info

  • Lot Size Sq Ft: 43996.0
  • Parcel #: 405555070

Green Features

  • Green Water Conservation: Recirculation Pump

Tax Info

  • Tax Annual Amount: 4796.0
  • Tax Lot: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2010
Closed on
Mar 21, 2013
Sold by
Koch Joel Spencer and Clancy Sharon Kathleen
Bought by
Edelman Edward Charles and Edelman Patricia Lynn
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Julie Valentin
Realty ONE Group Mountain Desert
List Price
$1,395,000
Sold Price
$968,000
Premium/Discount to List
-$427,000
-30.61%
Current Estimated Value
$1,782,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814,689
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Jan 4, 2013
Sold by
Koch Joel Spencer and Clancy Sharon Kathleen
Bought by
Koch Joel Spencer and Clancy Sharon Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2009
Sold by
Koch Joel S and Clancy Sharon K
Bought by
Koch Joel Spencer and Clancy Sharon Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2008
Sold by
Koch Joel and Clancy Sharon Kathleen
Bought by
Koch Joel Spencer and Clancy Sharon Kathleen

Purchase Details

Closed on
Sep 1, 2005
Sold by
Brainard William N and Brainard Kelly A
Bought by
Koch Joel and Clancy Sharon

Purchase Details

Closed on
Aug 12, 2003
Sold by
Jackson Canyon Llc
Bought by
Brainard William N and Brainard Kelly A
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
Edelman Edward Charles $968,000 Empire West Title Agency
Koch Joel Spencer -- Stewart Title & Trust Of Pho
Koch Joel Spencer -- Stewart Title & Trust Of Pho
Koch Joel Spencer -- Stewart Title & Trust
Koch Joel S -- Stewart Title & Trust
Koch Joel Spencer -- None Available
Koch Joel $1,300,000 Arizona Title Agency Inc
Brainard William N $181,500 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koch Joel Spencer $417,000
Previous Owner Koch Joel S $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2013 04/09/13 Sold $968,000 -30.6% $275 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
09/07/2010 09/07/10 For Sale $1,395,000 -- $396 / 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
2026 $8,172 $149,124 -- --
2024 $7,940 $153,703 -- --
2023 $7,940 $120,371 $14,382 $105,989
2022 $7,797 $91,911 $11,966 $79,945
2021 $7,910 $91,540 $10,539 $81,001
2020 $7,910 $0 $0 $0
2019 $7,833 $0 $0 $0
2018 $7,476 $0 $0 $0
2017 $7,276 $0 $0 $0
2016 $6,580 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 127599

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-55-070