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3811 East Stella Lane

3811 East Stella Lane, Paradise Valley, AZ 85253
Sold Dec 19, 2018
$1,194,600
$3,712,500 by Reverse Mortgage Funding Llc
Mortgage Due Jul 26, 2093
Local assessors in Paradise Valley, AZ have categorized 3811 East Stella Lane as a residential type of property. The home was built in 1969 and is 55 years old. The property's lot size has been calculated to be 46,435 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3811 East Stella Lane has a total of 4,213 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of asphalt and ply sheets in a built-up roof style. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3811 East Stella Lane was last sold in Dec 18, 2018 for $1,194,600. According to our calculations, that's $283.55 per sqft. Current property owners are expected to pay $9,185 in taxes per year. The property on 3811 East Stella Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $156,000. To break that down further, the land itself was valued at $31,200. While improvements to the property were assessed at a total of $124,800. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 46,435
  • Total Building Area: 4,213
  • Gross Building Area: 4,213
  • Building Area: 4,213
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,213
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PALO VERDE FOOTHILLS ESTATES UNIT 2
  • Land Acres: 1.066
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALO VERDE FOOTHILLS ESTATES UNIT 2 MCR 114-17

Ownership

  • Current Owner : COLBATH CARLETON L
  • Current Owner 2: COLBATH ROSALIE C
  • Previous Owner : MULHERN THOMAS D
  • Previous Owner 2: THE THOMAS D MULHERN SR LIVING
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 105103

Zoning

  • Zoning: R-43

Geography

  • Assessors Map Reference: 11417
  • Parcel: 164-04-052
  • Lot: 45
  • Meridian: SEC 12 TWN 2N RNG 3E
  • Municipality: PARADISE VALLEY
  • Latitude: 33.5301
  • Longitude: -111.999

    Address

  • Full Address: 3811 E Stella Ln
  • Address - House Number: 3811
  • Street Direction: E
  • Address - Street Name: Stella
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Paradise Valley
  • Carrier Code: C063
  • 4-Digit Zip Code: 3815
  • Zip Code: 85253

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,185
  • Tax Rate Code Area: 141100

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 2,001,032
  • High Value: 2,286,673
  • Low Value: 1,715,391

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,712,500
  • First Open Lien Mortgage Lender: REVERSE MORTGAGE FUNDING LLC
  • First Open Lien Mortgage Recording Date: Mar 28, 2022
  • First Open Lien Mortgage Loan Amount: $3,712,500
  • First Open Lien Mortgage Term: 855
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Jul 26, 2093

    Market Valuation

  • Market Total Value: $1,560,000
  • Market Land Value: $312,000
  • Market Improvement Value: $1,248,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,000
  • Assessed Land Value: $31,200
  • Assessed Improvements Value: $124,800

    Sales

  • Current Sale Contract Date: Dec 18, 2018
  • Current Sale Recording Date: Dec 19, 2018
  • Current Sale Transaction ID: 11544014693
  • Current Sale Price: $1,194,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180931103

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Frequently Asked Questions

What neighborhood is 3811 East Stella Lane located in?
The 3811 East Stella Lane is a house located in the neighborhood of Palo Verde Foothills Estates North in Paradise Valley, Paradise Valley.
What is the average sales price for listings in 3811 East Stella Lane?
The average sales price for units in 3811 East Stella Lane is $0 currently.

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