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4950 East Marino Drive

4950 East Marino Drive, Scottsdale, AZ 85254
Sold Sep 30, 2019
$579,000
$480,898 by Better Mortgage Corporation
Mortgage Due Apr 01, 2041
Sold Jun 30, 2017
$495,000
$430,000 by Compass Bank
Mortgage Due Jul 01, 2047
Local assessors in Scottsdale, AZ have categorized 4950 East Marino Drive as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 8,066 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 4 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 4950 East Marino Drive has a total of 2,713 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the 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 frame 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 concrete. Lots of a combination of material 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4950 East Marino Drive sold most recently in Sep 26, 2019 for a total of $579,000. If you work out the math, that's approximately a cost of $213.42 per sqft. Before that, the property was also sold for $495,000 in Jun 5, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,693 in taxes each year. 4950 East Marino Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $64,710. If we break it down further, the land itself was valued at $12,940. Improvements to the property, however, were assessed at a total of $51,770. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,066
  • Total Building Area: 2,713
  • Gross Building Area: 2,713
  • Building Area: 2,713
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,713
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRIPLE CROWN
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRIPLE CROWN MCR 405-42

Ownership

  • Current Owner : MAGDALENO DANIEL
  • Current Owner 2: MAGDALENO JULIANNE
  • Previous Owner : WAGGONER BENJAMIN C
  • Previous Owner 2: WAGGONER KRISTEN K
  • Owner Before Previous Owner: HAYES ERIC
  • Ownership Rights Codes: Family Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 619900

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 40542
  • Parcel: 215-11-861
  • Lot: 56
  • Meridian: SEC 32 TWN 4N RNG 4E
  • Municipality: PHOENIX
  • Latitude: 33.6518
  • Longitude: -111.973

    Address

  • Full Address: 4950 E Marino Dr
  • Address - House Number: 4950
  • Street Direction: E
  • Address - Street Name: Marino
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Scottsdale
  • Carrier Code: C045
  • 4-Digit Zip Code: 7564
  • Zip Code: 85254

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,693
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.187
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 957,369
  • High Value: 1,136,463
  • Low Value: 778,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,898
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jun 30, 2021
  • First Open Lien Mortgage Loan Amount: $480,898
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2041

    Market Valuation

  • Market Total Value: $647,100
  • Market Land Value: $129,400
  • Market Improvement Value: $517,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,710
  • Assessed Land Value: $12,940
  • Assessed Improvements Value: $51,770

    Sales

  • Current Sale Contract Date: Sep 26, 2019
  • Current Sale Recording Date: Sep 30, 2019
  • Current Sale Transaction ID: 11657454227
  • Current Sale Price: $579,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190774252
  • Previous Sale Recording Date: Jun 30, 2017
  • Previous Sale Contract Date: Jun 05, 2017
  • Previous Sale Amount: $495,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Sep 30, 2019
  • First Mortgage Loan Amount: $463,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: COMPASS BANK
  • Previous Mortgage Transaction Date: Jun 30, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $430,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Paradise Valley



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Frequently Asked Questions

What neighborhood is 4950 East Marino Drive located in?
The 4950 East Marino Drive is a house located in the neighborhood of Triple Crown in Paradise Valley, Scottsdale.
What is the average sales price for listings in 4950 East Marino Drive?
The average sales price for units in 4950 East Marino Drive is $0 currently.

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