See Home Value
$1,166,000 - $1,424,000
House - Off Market

1414 E VILLA RITA Drive

Phoenix, AZ 85022
bedrooms
Studio
bathrooms
4 Baths, 1 Half Bath
square feet
4315 Sqft
Sold May 02, 2002
$550,000
$700,000 by On Q Financial Inc
Mortgage Due Apr 01, 2052
Sold Jun 29, 1998
$95,000
$58,500 by State Svgs Bank Fsb
Mortgage Due Jul 01, 2018

About This Property

*1300 sf GARAGE EASILY CONVERTED!* Exquisite hillside property located in the prestigious Stone Mountain Preserve gated community boasts breathtaking mountain views & an array of top-of-the-line amenities. Discover designer interior that showcases a foyer leading you to living room w/soaring high ceilings, an elegant wine cellar & wet bar, a family room w/cozy fireplace & formal dining perfect for hosting intimate gatherings!  Enjoy the pre-wired surround sound system, & plenty of entertainment areas inside & out! Chef's eat-in kitchen features built-in appliances, granite countertops, walk-in pantry, wooden cabinets, a stylish tile backsplash, & a center island w/breakfast bar. Upstairs, main bedroom is a private retreat, w/ access to a balcony & roof top. Over 1400 sf of deck & cover that includes a circular staircase leading to the rooftop & an ensuite w/a dual sink vanity, a separate tub/shower, & a massive walk-in closet. You'll love the spacious office boasting built-in bookcases & desks! Take advantage of the 3-car side garage entrance to the house, where you'll find built-in cabinets, a refrigerated wine cellar, & a bonus room that can be tailored to your needs. Backyard is an oasis that has been meticulously designed for relaxation & entertainment with its covered patio, artificial turf areas, built-in BBQ, hot tub, & fireplace w/cement benches on both sides for a cozy evenings under the stars. A storage shed offers additional space for your belongings! This is a MUST-SEE gem! NOTE-Sellers agree to Convert at no cost to buyer to a 5 car garage,  upon Accepted offer, after inspection period, with the buyer's request.

The manager has listed the unit size as 4315 square feet.
Unit Size
4,315Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$300
Property Type
House
Property Taxes
$534
HOA Dues
$400
Year Built
2001

Price History

Date / Event Date Event Price
Feb 4, 2024 No longer available -
No longer available
Dec 28, 2023 Relisted $1,295,000
Relisted
Dec 27, 2023 No longer available -
No longer available
Jul 30, 2023 Price Decreased $1,295,000
↓ $100K (7.2%)
Price Decreased
Jun 29, 2023 Price Decreased $1,395,000
↓ $5K (0.4%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 18,800
  • Total Building Area: 5,968
  • Gross Building Area: 5,968
  • Building Area: 5,968
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,968
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: STONE MOUNTAIN PRESERVE AMENDED
  • Land Acres: 0.432
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STONE MOUNTAIN PRESERVE AMENDED MCR 436-50

Ownership

  • Current Owner : RITSCHER BRIAN
  • Current Owner 2: RITSCHER STEPHANIE
  • Previous Owner : PELLERIN MATTHEW W
  • Previous Owner 2: PELLERIN TRACY A
  • Owner Before Previous Owner: STONE MOUNTAIN DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 619000

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: 43650
  • Parcel: 214-11-891
  • Lot: 87
  • Meridian: SEC 33 TWN 4N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.651
  • Longitude: -112.052

    Address

  • Full Address: 1414 E Villa Rita Dr
  • Address - House Number: 1414
  • Street Direction: E
  • Address - Street Name: Villa Rita
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C048
  • 4-Digit Zip Code: 1297
  • Zip Code: 85022

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,473
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.0598
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 97
  • Final Value: 1,224,010
  • High Value: 1,297,284
  • Low Value: 1,150,736

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $825,000
  • First Open Lien Mortgage Lender: ON Q FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Mar 14, 2022
  • First Open Lien Mortgage Loan Amount: $700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052
  • Second Open Lien Mortgage Lender: DESERT FINANCIAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jun 14, 2022
  • Second Open Lien Mortgage Loan Amount: $125,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $818,100
  • Market Land Value: $163,600
  • Market Improvement Value: $654,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,810
  • Assessed Land Value: $16,360
  • Assessed Improvements Value: $65,450

    Sales

  • Current Sale Contract Date: Feb 20, 2002
  • Current Sale Recording Date: May 02, 2002
  • Current Sale Transaction ID: 1007276732
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2002-0457684
  • Previous Sale Recording Date: Jun 29, 1998
  • Previous Sale Contract Date: Jun 12, 1998
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M&T MTG CORP
  • First Mortgage Transaction Date: May 02, 2002
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2032
  • Second Mortgage Loan Amount: $55,000

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: STATE SVGS BANK FSB
  • Previous Mortgage Transaction Date: Jun 29, 1998
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $58,500
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Jul 01, 2018



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Deer Valley


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Frequently Asked Questions

When was property at 1414 East Villa Rita Drive built and last sold?
The property at 1414 East Villa Rita Drive was built in 2001 and last sold on Feb 20, 2002 for $550,000.
How much is this home worth?
The estimated value of the home located at 1414 East Villa Rita Drive is $1,408,950.
What are some comparable homes to 1414 East Villa Rita Drive?
There are currently no comparable homes to 1414 East Villa Rita Drive.

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