NOT LISTED FOR SALE

Estimated Value: $587,078 - $728,000

5 Beds
3 Baths
3,816 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $588,000 $154 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,558/month

235 Days on Market

Highlights

  • Views of Red Rock
  • RV Access or Parking
  • 0.66 Acre Lot
  • Cottonwood Elementary School Rated 10
  • Solar Power System
  • Contemporary Architecture

About This Home

As of May 2024

PRICED TO SELL.! Motivated Seller! This amazing home has so much character and is definitely a must see! Beautifully updated and remodeled home with amazing unlockable views! Rare in-law unit, It is on 2 lots (3757 & 3758). This home offers plenty of space and privacy for family members, guests or STR with plenty of indoor and outdoor spaces for relaxing and enjoying the views or spending time with family and friends. The beautiful large master bedroom has a loft for a weight room, exercise or office space, as well a second loft area in the Great Room. The In-law unit features 2 bedrooms, a full kitchen, and laundry. Lease Solar is grandfathered in with APS with very low electric bills.
Please see list in supplement for all updates to this beautiful home. Upgrades for 1022 Meadowlark Lane

* New Luxury Vinyl 1st floor main areas
* New carpet 1st floor bedrooms and loft stairs
* Window Treatments fabric and regular blinds
* New decks on all levels on front and backside of house
* Replaced all slider doors
* Guest bath remodel
* Replaced all windows (except plate-glass)
* Kitchen remodel
* Painted exterior of home
* Master bath remodel
* Lower-level in-law bathroom remodel
* Lower-Level in-law kitchen remodel

Last Agent to Sell the Property

Kimbeth McDermott

Coldwell Banker Realty License #BR568615000 Listed on: 08/29/2023

Coldwell Banker Realty

Last Buyer's Agent

Chad McMahan

Realty ONE Group Mountain Desert License #SA637448000

Realty ONE Group Mountain Desert

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,648

Year Built

  • Built in 1986

Lot Details

  • 0.66 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Access or Parking

Property Views

  • Red Rock
  • Desert

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,816 Sq Ft Home
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Bathtub With Separate Shower Stall

Utilities

  • Cooling Available
  • Heating Available
  • High-Efficiency Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Solar Power System
  • Covered Patio or Porch

Community Details

  • Verde Village Unit 7 Subdivision
  • Recreation Room

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 3757
  • Assessor Parcel Number 40649562

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,648

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Year Built: 1986
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.66
  • Subdivision Name: Verde Village Unit 7
  • Architectural Style: Contemporary
  • Efficiency: Solar Panels, Water Heater
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • View:Desert: Yes
  • View Red RocksBoulders: Yes
  • Water Source City Water: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Vinyl, Tile, Wood
  • Basement YN: No
  • Accessibility Features: Zero-Grade Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Other, Eat-in Kitchen, Central Vacuum, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3816.0
  • Window Features: Skylight(s), Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Lot Features: Cul-De-Sac
  • Home Warranty: Yes
  • Construction Type: Wood Frame
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: RV Access/Parking, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Solar: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 28750.0
  • Parcel #: 40649562

Tax Info

  • Tax Annual Amount: 2648.0
  • Tax Lot: 3757

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Apr 30, 2024
Sold by
Peterson Family Trust and Peterson Susan A
Bought by
Law Donald and Hong Linda
Seller's Agent
Kimbeth McDermott
Coldwell Banker Realty
Buyer's Agent
Chad McMahan
Realty ONE Group Mountain Desert
List Price
$725,000
Sold Price
$588,000
Premium/Discount to List
-$137,000
-18.9%
Views
650
Current Estimated Value
$633,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,805
Avg. Annual Appreciation
7.79%
Original Mortgage
$470,400
Outstanding Balance
$463,792
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$192,228

Purchase Details

Listed on
Jun 28, 2017
Closed on
Nov 8, 2017
Sold by
Hagstrom Robert Paul and Hagstrom Andrea
Bought by
Peterson Susan A
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$379,000
Sold Price
$310,000
Premium/Discount to List
-$69,000
-18.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$248,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2014
Sold by
Kenefick Michael and Schiegg Greta
Bought by
Hagstrom Robert Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Kenefick Michael and Kenefick Greta

Purchase Details

Closed on
Nov 3, 2005
Sold by
Peters Thomas Joseph and Peters Barbara J
Bought by
Peters Thomas Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,650
Interest Rate
8.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2005
Sold by
Peters Thomas Joseph and Peters Barbara J
Bought by
Peters Thomas J and Peters Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 5, 2003
Sold by
Peters Thomas Joseph and Peters Barbara J
Bought by
Peters Thomas Joseph and Peters Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2003
Sold by
Peters Thomas Joseph and Peters Barbara J
Bought by
Peters Thomas Joseph and Peters Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
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
Law Donald $588,000 Stewart Title & Trust Of Phoen
Peterson Susan A $310,000 Equity Title Agency Inc Ariz
Hagstrom Robert Paul $255,000 Stewart Title & Trust Sedona
Kenefick Michael $236,800 Lawyers Title Of Arizona
Peters Thomas Joseph -- Arizona Title Agency Inc
Peters Thomas J -- --
Peters Thomas Joseph -- Transnation Title Ins Co
Peters Thomas Joseph -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Law Donald $470,400
Previous Owner Peterson Susan A $248,000
Previous Owner Hagstrom Robert Paul $204,000
Previous Owner Peters Thomas Joseph $415,650
Previous Owner Peters Thomas J $85,000
Previous Owner Peters Thomas Joseph $248,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2024 05/07/24 Sold $588,000 -18.9% $154 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
08/29/2023 08/29/23 For Sale $725,000 +133.9% $190 / Sq Ft
11/13/2017 11/13/17 Sold $310,000 -18.2% $81 / Sq Ft View Prior Sale
10/13/2017 10/13/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $379,000 -- $99 / 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 $2,804 $56,684 -- --
2024 $2,648 $56,529 -- --
2023 $2,694 $44,096 $2,986 $41,110
2022 $2,648 $36,420 $2,358 $34,062
2021 $2,766 $33,790 $2,540 $31,250
2020 $2,715 $0 $0 $0
2019 $3,068 $0 $0 $0
2018 $2,955 $0 $0 $0
2017 $2,447 $0 $0 $0
2016 $2,385 $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: 533871

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-49-562