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REAL ESTATE

Real Estate Guide Housing market shifts toward more buyer control BY GEOFF GREEN AFN Guest Writer

ow, according to Time Magazine, Arizona experienced a residential real estate price appreciation of 27.5% from the Q1 2021 to Q1 2022, the only state that appreciated faster was Florida with a growth rate of 29.8%. Both Arizona and Florida experienced limited housing supply and rocketing demand – until recently. My analysis was that price growth was

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higher than that in the Phoenix area. The question to ask is how much of that value is going to disappear as the market slowly shifts to a more buyeroriented market? Let’s look at the factors that have affected both the supply and demand for housing across the Greater Phoenix area, then we’ll examine the Ahwatukee market in particular.

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see MARKET page RE2

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Majestic Southwest contemporary estate on elevated 1.24-acre hillside lot with stunning mountain and city light views. 5 br, 4.5 ba with 4,924 sq. ft. Resort-style backyard with slate patio, built-in Viking grill, pool, spa, koi pond and ultimate privacy.

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REAL ESTATE

AHWATUKEE FOOTHILLS NEWS | JULY 20, 2022

How inflation can impact resident, business leases BY BEN GOTTLIEB AFN Guest Writer

fter enduring the COVID-19 pandemic and navigating around a barrage of state and federal executive orders inhibiting landlords’ ability to carry out eviction actions, landlords and tenants are now living in a world facing the highest rates of inflation since the Great Inflation period transpired during the 1970s. High inflation in the overall economy is translating into higher rent being demanded by landlords and carries key implications in the landlord-tenant space, especially since most landlords and tenants have not paid much attention to it lately since inflation has not been a significant news headline in decades.

MARKETfrom page RE1

be the best time to cash in on historically high prices and ease of selling, Unfortunately, new sellers in most cases have missed the top of the market and are having to reduce prices or offer incentives to get their properties sold. If priced properly, houses are still selling but the act of placing a for sale sign in the front yard no longer draws hordes of anxious buyers primed and intent on outbidding each other. Earlier this year during March there were approximately 4,500 residential properties available for sale, an extremely low number compared to historical levels. At the end of June there were 13,500 properties available for sale, about 3 times the number in March. The long-term average for Active resi-

Also, long-term leases – especially commercial leases – usually provide the tenant with an option to renew the lease several years in the future from when the original lease is executed. Some leases (mostly commercial) have provisions addressing inflation in connection with the renewal period in the event a tenant exercises a negotiated option to renew the lease. Extra attention and care should be used in drafting options to renew in leases. Landlords may want to negotiate shorter rental periods and/or have lease provisions addressing escalating rent that accounts for rising rental rates in any renewal period, while tenants should attempt to negotiate rental rate “locks” or modest rent increases. It is important to note that most leases provide the tenant with the option to re-

dential listings in Greater Phoenix is a little more than 27,000 properties. Clearly, the number of residential properties for sale are still below the long-term average but sellers have closed the gap from only 16% of the long-term average to roughly 50% in about 90 days! To me that is a market that has undergone a rapid shift in dynamics. Do these numbers now mean we are in a buyers’ market? I don’t believe the numbers show we are in a buyers’ market but certainly seller price reductions coupled with seller concessions is becoming a real factor in successful transactions.

Buyer demand is doused

A major component of the housing feeding frenzy in March and April of this year was continuing low mortgage

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new the lease. The option must generally be exercised in writing and in accordance with the option to renew clause. If the tenant does not exercise the option to renew but remains at the premises, the tenant will be considered a “holdover tenant.” Lease provisions addressing holdover terms usually contain a higher rental rate and the holdover period runs month-tomonth (meaning the holdover term can be terminated with 30 days’ notice). Many tenants are left scrambling at the end of their lease periods and do not want to renew their lease at a higher rental rate. Ultimately, if the lease is properly terminated by the landlord, the landlord could proceed with an eviction of the tenant. In the residential context, the landlord is not permitted to “lock out” the tenant. Under the Arizona Residential Landlord

interest rates. The recent increase in mortgage rates has certainly reduced the quantity of buyers across just about all price ranges. As any economics student knows, an increase in supply coupled with a decrease in demand will lead to lower price levels. Every 1% increase in mortgage interest rates reduces a buyer’s loan qualification by about 10%. Since January mortgage rates have increased about 3% which has a result of reducing buying capacity for a borrower by roughly 30%. This means that a buyer who qualified to purchase a $500,000 home in January would not qualify for the same loan today.

Zip Codes 85044, 85045, 85048:

Keeping pace with the broader Phoenix Metro area, Ahwatukee has seen a significant increase in properties for sale from the 60s earlier this year to 201 at the end of June. Days of Inventory for Ahwatukee properties remained at a paltry 23 at the end of June compared to the longer-term average of 62.2. Days on Market at the end of June was 24 compared to the long-term average of about 50 days. These market characteristics should be expected to change as transactions shift to be more buyer-controlled.

Tenant Act, the landlord must proceed with a judicial eviction and obtain what is called a Writ of Restitution from the eviction judge. In the commercial realm, if the lease permits a “lock out” remedy, the landlord may simply change the locks if the tenant has defaulted under the lease and need not pursue a judicial eviction. Of course, a landlord cannot raise rent or charge the tenant unauthorized fees in contravention to the lease terms. In all cases, the parties should follow the lease.

Patrick MacQueen and Benjamin Gottlieb created a different kind of law firm using state of the art legal software and technology combined with award-winning legal minds to provide the best real estate representation available. If you have additional questions, contact Ben Gottlieb at 602-5332840 or ben@mandglawgroup.com. 

What does this mean?

Sellers should make certain their properties are in excellent condition and priced for a market that has buyers more in control of the transaction. Price reductions or concessions to complete a transaction are becoming more common, overbidding the asking price by aggressive buyers has all be disappeared. When deciding on an asking price any analysis should address the current competition on the market for similar properties coupled with how long the property has been for sale. Focusing on recent closing prices of similar properties is likely to value the property above the market, leading to chasing the market down with price decreases. Buyers can search for aggressively priced properties, research loan programs, and use offer-pricing strategies that can ease the interest rate shock in the first few years of home ownership. Several lenders offer loan programs that can employ seller concessions to buy down mortgage interest rates, thereby increasing buyer qualification amounts. Geoff Green is a local real estate expert and realtor at Keller Williams Realty Sonoran Living. Studying the local and national market daily enables buyers, sellers, & investors to optimize transaction values and maximize investment income. Reach him at 602 790 2927 or geoffgreen@kw.com. 

REAL ESTATE

AHWATUKEE FOOTHILLS NEWS | JULY 20, 2022

Here are some signs of the changing market BY BONNY HOLLAND AFN Guest Writer

he real estate market in Phoenix – and across the country – has been in an extreme sellers’ market for more than two years. Demand for homes has been high, inventory has been low and mortgage rates dropped to historically low levels. Sellers have been holding the upper hand in negotiations with few, if any, concessions being offered to buyers.

Now suddenly, the market has shifted dramatically and unexpectedly. We are seeing a large increase in inventory, home prices continue to go up, mortgage rates are up and homes are staying on the market longer. • Active Listings: January 2022: 5,700; this month: 15,000. • Days on the market: January 2022: July 2022: 52. • Mortgage Rates: January 2022: 3.22%; July 2022: 5.70% Here is a quick look at the market in Ahwatukee for:

• Active Listings: January 2022: 22; July 2022: 103 (a 264% increase). • Days on the market: January 2022: 35; July 2022: 78 The market shifted very quickly – much faster than was expected due to inflation and the Fed rate hike. The strong sellers’ market is over and we are moving quickly towards a balanced market. As for the rest of the year, it is difficult to predict. Projected inventory gains have gone from 0.3% for 2022 to 15%. Prices are projected to level out but still climb at a moderate rate. Affordability for buyers

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will continue to depend on inflation and the Fed. There are many opportunities for buyers and sellers in this market and it is more important than ever to consult a real estate professional to guide you through this market. Please reach out to us to discuss your individual situation so we can help you navigate the rapidly changing market. Bonny Holland can be reached at bonny@LeadingLuxuryExperts.com or 602369-1085 

Build-to-rent homes gaining market dominance AFN NEWS STAFF

new study says the Phoenix Metro area leads the nation in buildto-rent houses and more are on the way – including in Ahwatukee. “There are currently 6,420 BTR houses in this metropolitan area, making it the most populous area in the U.S. for this type of housing,” said Adam Graham, an industry analyst at Fixr.com, a website that provides guides, comparisons, and term cheat sheets for remodeling, installation and repair projects. The next two metropolitan areas in the top three nationally for build-to-rent houses – Columbus, Ohio, and Dallas, Texas – are relatively far behind Phoenix with 4,780 and 4,290 homes, Other metro areas with more than 3,000 BTR houses are Houston (3,600), Riverside, California (3,540), Las Vegas (3,260) and Kansas City Metro (3,170). Build-to-rent has been a growing trend across the Valley in the last two years. Blandford Homes’ mammoth Upper Canyon development on 373 acres of former State Trust Land along Chandler Boulevard between 19th and 27th avenues, for example, will include 150 buildto-rent townhouses along with 1,050 traditional-sale single-family homes and 329 apartment units. The Empire Group in Scottsdale last December unveiled plans for 144 single-family rental homes on 14 acres of Schnepf Farms – the celebrated Queen Creek agrotainment venue best known for its peach festivals and annual October

This chart projects the growth national in build-for-rent single-family homes and townhouses. (Hunter Housing Economics) Pumpkin and Chili Party . The Village at Schnepf Farms is the company’s seventh in the Valley and one of 21 projects in a market area stretching from Casa Grande to Prescott. Fixr.com said single-family rental home construction nationally increased 106% so far this year over all of 2021, which saw a 36% increase in rental home construction over 2020. According to data taken from RentCafe, at least 13,910 SF BTR homes are under construction in the U.S. and 2022 is considered a likely breakthrough year in their popularity with real estate developers and investors. And that’s because soaring home prices and mortgage costs are making it increasingly more difficult for first-time

buyers to find a house to buy, experts say. That sector of the housing market “will continue to grow so long as we have an inflated housing market,” Sarah Cunningham, owner of Ethos Design + Build|Remodel told fixr.com. “They are designed for long-term renters, but they are also creating housing stock that is not designed for home ownership and continues to make it difficult for firsttime buyers.” Hunter Housing Economics, a real estate analytics company, said more young families are turning to rental homes because they want their children to have a yard and a safer neighborhood. Fixr said it polled professional remodelers who said more people want patios, decks, and balconies, proximity to parks

and green space, and other amenities that they can’t find in apartment complexes. Meanwhile build-to-rent also appeals to people who would prefer even routine landscaping as well as other maintenance to be done by someone else so they can pursue more enjoyable pastimes. And builders are responding by making sure rental homes are constructed in a way that withstands the punishment of day-to-day living. “When a BTR builder constructs a home, it is with a great deal of attention to durability and ease of maintenance,” said Housing Analytics President Brad Hunter. “That builder (or the investor/ operator partner of that builder) knows

see RENT TO OWN page RE7

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REAL ESTATE

AHWATUKEE FOOTHILLS NEWS | JULY 20, 2022

Big sales Two recent home sales in Ahwatukee topped the seven-figure mark. The top home, on S. 5th Avenue, sold for $1.1 million The 2,754-square-foot home, built in 1999, has four bedrooms and 3 ½ bathrooms with a backyard overlooking a wash and mountains. Amenities included a new kitchen with high-end appliances, including a gas stove, and a gas fireplace. The home in the lower photo, on S. 36th Street, has four bedrooms and three baths. The 4,324-square-foot home was built in 1988. (Special to AFN)

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REAL ESTATE

AHWATUKEE FOOTHILLS NEWS | JULY 20, 2022

5 credit mistakes that can harm mortgage success AFN NEWS SERVICES

hen it comes to shopping for a mortgage to buy a house, one critical factor to check is your credit score. Lenders use your credit score (aka FICO score) to decide whether to loan you money to buy a home and at what interest rate. “Lenders grant credit based on their confidence you can be trusted to pay back what you borrowed,” says Stephen Rosen, head of sales at mortgage company Better. “If you are worthy of a lender’s financial trust, you are said to be creditworthy, or to have ‘good credit.’ Building credit is almost like building a reputation with lenders.” Credit scores range from 300 to 850. While the definition of good/bad credit varies slightly from creditor to creditor,

here’s a general rundown: Excellent credit score: 750–850 Good credit score: 700–749 Fair credit score: 650–699 Poor credit score: 649 and lower Unfortunately, it’s easy to make mistakes that lower your credit score and jeopardize your odds of getting a home loan. Here are the five worst credit mistakes a homebuyer can make—plus how to turn things around and get your credit back on track.

History of late or missing payments Whether or not you’ve paid your bills is a top concern for lenders. As such, your payment history makes up 35% of your credit score. Late payments, missed payments, and loan defaults like tax liens take a heavy toll on credit. Even worse, if you have not made a payment on your credit card debts for

a while—six months or more—your creditor can “charge off” your account as uncollectable and sell it to a collection agency. The obvious fix here is to pay off your debts on time or by remembering your monthly payment. If auto-paying isn’t your thing, set calendar reminders for each bill’s due date to make sure everything gets paid on time, Rosen suggests. High credit balances Your debt load makes up 30% of your credit score. As such, carrying a high credit card balance can also drag down your score. Ideally, you want your credit utilization—the amount of debt you have compared with your credit limit—to be low, about 30% to 40% of your credit limit. So if you have a $5,000 credit limit, us-

ing $2,000 a month rather than maxing out the whole $5,000 will help you build a better credit score. Set up credit card alerts so you can keep up with how much of your credit limit is being used.

Short or spotty credit history The length of your credit history makes up 15% of your score. And the longer your accounts remain open, the better. This includes your credit cards, student loans, car loans, or rental history. Lenders will want the client to have more than 24 months of credit history. If you have old credit cards that are still good but you don’t use them, don’t close those accounts. Closing paid-off credit cards can actually harm your credit score, as it reduces the overall length of

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AHWATUKEE FOOTHILLS NEWS | JULY 20, 2022

SPO OTLIGHT home PHOENIX | Canyon Reserve

14222 S Canyon Dr

5169 sqft, 5 bedrooms, 4.5 baths

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SUMMERHILL ESTATES Enjoy superb mountain views from custom single-level luxury home in gated Summerhill. Exquisite courtyard entry opens to spectacular foyer and gorgeous travertine flooring throughout. Spacious gourmet kitchen boasts large island with bar top, stainless viking appliances, granite countertops, custom alder cabinetry, walk-in pantry, desk and breakfast room. Stacked-stone fireplace in family room. Theatre room with components and recliner seating. Master suite features two-way fireplace, sitting room with wet bar, patio access and connected office. Meticulously maintained and move-in ready with 2022 interior paint. Trane hvac units replaced in 2018 and 2019. Backyard amenities include extended covered patio with pavers, built-in bbq, fireplace, plus pebble tec pool with waterfall and spa.

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Floor plan includes both a formal living and dining room. Exquisite touches throughout include 24” polished travertine flooring, plantation shutters, emerson ceiling fans, surround sound speakers, crown molding and solid core 8’ doors. Master bathroom features include granite counters, stone tub and shower surrounds, large walk-in shower with two shower heads including rain head, Jacuzzi tub, raised-panel alder cabinetry and large walk-in closet. Two secondary bedrooms feature ensuite baths. Third secondary bedroom with built-in cabinetry. Fifth bedroom is a den with no closet off of the master suite. Secondary bathrooms all feature stone counters and shower surrounds. Huge laundry room with extra cabinetry, stone counters and sink. Extended outdoor living space from large covered patio with gorgeous pavers throughout. 3-Car-garage with Tesla charging station. Reduced energy costs from existing solar panels.

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REAL ESTATE

AHWATUKEE FOOTHILLS NEWS | JULY 20, 2022

CREDIT from page RE5 your credit history.

Limited mix of credit Credit mix is the variety of loans in your credit file, such as credit cards, student loans, and car loans. Having a mix of credit is good, because it demonstrates you can juggle paying off several different debts at a time. A mix of credit contributes to 10% of your credit score. However, don’t open extra credit cards or take out new loans for the sake of having a good mix of credit if you can’t handle paying them. Too much new credit New credit makes up 10% of your score. What lenders don’t want to see is that you have opened numerous lowlimit credit card accounts, or put in multiple applications for new credit within a short period of time. They interpret this as a signal that you have difficulty handling credit. Furthermore, opening new lines of credit decreases the average length of your credit history, which can also hurt your score. You could have too much credit if you

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struggle to make your monthly payments, and have a high amount of debt— especially new debt. So avoid opening new lines of credit unless necessary and when you know you can pay your bill each month. If you’ve made a credit mistake like one of those listed above, it’s not the end of the world. However, it will take time, so be patient. Some of the items that stay on your credit report for years include the following: • Bankruptcy: seven to 10 years • Foreclosure/mortgage default: seven years • Tax liens (unpaid property tax): up to 10 years for unpaid liens • Charged-off accounts: seven years • Lawsuits and judgments: seven years (even if a judgment has been satisfied) Past credit score blemishes won’t necessarily prevent you from getting a mortgage, however. Talk with your lender and be prepared to explain what happened in the past and what steps you have made to correct the issue. This report was provided by Realtor. com. 

Estate living with refined tranquility in exquisite setting. Meticulous stonework adorns entire exterior of home.

! W NE

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! W E N

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3BR / 3 BA / 2,166 SQFT Split master suite plus secondary bedroom could be a separate guest suite. 2015 kitchen remodel and AC.

Ahwatukee Custom Estates ! LD O S

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Crimson Ridge

that this home has to be able to withstand and resist pet damage, spills, and other mishaps.” “That’s why most of the projects I’m seeing in the BTR world feature luxury vinyl plank flooring, which looks great, and is very resistant to scratches and will not warp if a drink is spilled on it. I’m also seeing home designs that allow maintenance workers to service the air conditioning systems and other HVAC systems via the garage, which is less intrusive for the tenants.” Hunter told fixr that demand among investors for BTR projects “is already increasing rapidly, and the surge in mortgage rates has only accelerated the growth.” Forbes quoted Scottsdale land sales expert Greg Vogel, who said 10% of all land sales in the Valley this year have been to

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Circle G at Riggs Ranch

RENT TO OWN from page RE3

5 BR / 4.5 BA / 4,820 SQFT Custom home in the heart of Ahwatukee with ensuite bathrooms and 2021 exterior paint.

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! LD O S

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5 BR / 5 BA / 6,455 SQFT Stunning panoramic views from privately gated luxury retreat with casita on elevated preserve lot.

Sanctuary ! LD O S

Listed for $1,950,000

5 BR / 4.5 BA / 4,405 SQFT Superb mountain views from single-level custom with 2022 interior paint and 2019 HVAC.

Listed for $1,450,000

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Ahwatukee Custom Estates

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build-to-rent developers and that this trend likely will increase. “Rental yields are starting to allow BFR investors to outbid the homebuilders,” Forbes reported. “In our research, we have seen single-family rents rising by 7% to 10% a year over the past twelve months in many areas. Within a given BFR community, rents are being escalated at rates faster than this, particularly when a tenant moves out and the next one comes in.” Fixr raised concerns about the trend, quoting one analyst as observing that while BTR might be good for investors, it’s not that great for communities. “It’s making it harder for people to access homeownership,” the analyst said. “When that opportunity is taken away, like it is in communities like mine where there’s already low housing stock, it’s harder for people to create personal and generational wealth.” 

Summerhill Estates

AHWATUKEE FOOTHILLS NEWS | JULY 20, 2022

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Ahwatukee Custom Estates

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SOLD!

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5 bedroom / 3 bath, 3,506 SqFt, Cul-de-sac location with huge backyard, sports court, built-in BBQ, mature shade trees, very private backing to wash. Good size SOLD! bedrooms, master downstai5. Features a large office with balcony, plus office/loft with built-in bookcase and 3 full baths. Th� home is perfect for family gatherings one is a show stopper!!! over 4200sqft of luxury on a preserve hillside lot in a cul-de-sac, 5 bedroom, 3.5 bath with andThis previewed with 24family hourroom notice andkitchen appointment only. aentertaining. bonus room, formalCan living &be dining room w/soaring ceilings, w/fireplace, includes:s/s appliances,

SOLD! The best view lot in all of club west!!! this stunning custom gated estate in canyon verde has the best privacy & views you will find in ahwatukee*grand foyer*formal living & dining room*executive office*kitchen includes: custom cabinets w/ antiquing, s/s appliances, cooktop, island, breakfast bar, pendant lighting, & walk-in pantry*butler’s pantry w/wine fridge*family room w/fireplace*upgraded fixtures throughout*large master suite w/sitting area*master bath w/jetted tub, snail shower, & spacious closet*guest suite w/separate entrance*all secondary bedrooms are large*paradise perfect backyard w/covered patio, pebbletec pool & spa, firepit, built-in bbq, flagstone, and putting green*oversized garage w/epoxy & built-in cabinets*this custom estate is a dream opportunity! welcome to paradise!!

slab granite, island, & recessed led lights, breakfast nook, gigantic master bedroom with the most amazing preserve views, custom master bath w/walk-in shower, freestanding tub, his/her vanities, & large walk-in closet, all bedrooms are extremely large with walk-in closets, views from every room, laundry room w/built-in cabinets & sink, extended length 3 car garage w/ epoxy, guest bedroom downstairs, paradise backyard w/covered patio, grassy play area, firepit, & custom new pool & jacuzzi 2020, this amazing home is truly stunning and checks all of the boxes!!

www.GenoRoss.com Donna Leeds

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TOP GRI, ABR REALTOR

949.310.5673

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One of the most amazing lots available in ahwatukee!! Located in foothills mountain ranch estates!! Over 5 acre hillside lot with stunning mountain views from every direction*build your dream custom estate or build multiple homes on this sight*zoned r3*the possibilities are endless on this rare opportunity*there is not another piece of land in ahwatukee that offers this many buildable acres*no hoa*located at the end of a cul-de-sac*be the king of the hill with views all the way to four peaks*plans available and other custom home options available from a well know ahwatukee custom home builder*do not miss this amazing hillside lot in an amazing location!!!!

Foothills $499,000

Mountain Park Ranch $679,000

Canyon Verde $899,000

Amazing Remodeled Custom Estate with mountain views located at the end of a cul-de-sac.Over 8000sqft of pure luxury finishes.6 Bedroom,5.5 Baths.Custom Kitchen.Elevator.Executive Office.Basement Media Room.Dance Studio.Huge Backyard with Pool, Jacuzzi, Turf, BBQ, Sportcourt.This Spectacular Estate has it all!!!

Ahwatukee Agent 2020

Geno Ross

602.751.2121

wwwBestAgentWUSA.com

Making Ahwatukee

Home Dreams Come True Since 1986

hwatukee s Come True 1986

www.WestUSA.com I 480.893.0600

4505 E. Chandler Boulevard, Suite 170, Phoenix, AZ 85048

Sun City

Foothills Reserve

Scottsdale Troon PENDING!

$629,500

$325.00

GORGEOUS HOME!! 3 bedroom 2.5 baths 2,469 sq ft. Soaring ceilings as you enter the Formal Living and Dining Area. Kitchen is a Cook’s delight-upgraded staggered Oak Cabinets with Crown molding and Corian Countertops with Island, Gas Stove. Bright Breakfast Nook overlooking beautifully maintained Backyard and Views of Preserve. Nice Loft upstairs and Tons of Natural Light and Mountain Views from Upstairs Bedrooms. Upgraded Ceiling Fans, Sparkling Play Pool with Rock Water Features highlights the amazing Lot position with no rear neighbors and a beautiful backdrop of Desert Preserve!

Fantastic opportunity to own a home in the heart of Sun City right by the newly renovated fairway recreation center and Sun City South Golf Course. 2BD/2BTH provides an excellent retirement opportunity. Home includes leased solar, 12x32 screened in back porch, huge backyard with citrus trees and your very own putting green. New carpet in both bedrooms and living room. Wine pantry. Fresh paint inside. Age restriction is 55+

5 bedroom / 3 bath, 3,506 SqFt, Cul-de-sac location with huge backyard, sports court, built-in BBQ, mature shade trees, very private backing to wash. Good size bedrooms, master downstai5. Features a large office with balcony, plus office/loft with built-in bookcase and 3 full baths. Th� home is perfect for family gatherings and entertaining. Can be previewed with 24 hour notice and appointment only.

Donna Leeds

GRI, ABR

949.310.5673

Ahwatukee Retirement Community

$457,500

SOLD!

Home backs up the 8th Fairway of the Ahwatukee Country Club with great view of South Mountain. Close to Golf, Restaurants, Shopping, the I-10 and Medical Facilities. Sit on your extended covered patio and watch the sun set. Enjoy all the amenities of the Ahwatukee Recreation Center with a large outdoor pool, heated indoor saltwater pool, Sauna, Spa, Gym, woodworking shop and more!

Troy Royston 480-435-3461 troyston61@gmail.com

Skye Top at Troon! Beautiful interior boasts earthy palette, Saltillo tile, soaring plank ceilings, beautiful light fixtures, plantation shutters throughout, & a bright living room w/a cladding stone fireplace that opens to the back patio merging the indoor living with the outdoors. Kitchen features designer paint, upgraded cabinets, granite countertops, stainless steel appliances, recessed lighting, and a breakfast nook. The primary bedroom offers soft carpet, tons of natural light, a walk-through closet, and a lavish ensuite w/a dual sinks vanity & a soaking tub. Breathtaking mountain views from the private balcony!

Custom home on flat 3.3 acres with horse arena and room to roam. City water! Custom Santa Fe style 4 bedroom with tons of upgrades. Travertine tile galore, family room and other bedrooms also have tile. Kitchen has been upgraded with quartz counter tops, white cabinets and all stainless steel appliances convey. Custom doors and woodwork throughout home. Also, lots of tile work in bathrooms and other upgrades. Over $30,000 spent on upgraded doors and windows.

Donna Leeds

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GRI, ABR

lf"fl!

wwwBestAgentWUSA.com

Ahwatukee

Mountain Park Ranch

SOLD!

Location location! Conveniently located minutes from I-10, Ahwatukee country Club, park, shopping and dining. Bright open floorplan. New windows in 2015. Tile throughout. Large backyard with covered patio.

Geri Thompson 480-239-7589 thompson_geralyn@yahoo.com

Carlos Martinez 480-751-8866 teammartinez11@gmail.com

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949.310.5673

wwwBestAgentWUSA.com

$360,000

$580,000

Marty Griffin 602-692-7653 martygriffin@q.com

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SOLD!

$699,000

Marty Griffin 602-692-7653 martygriffin@q.com

Jenifer Bulfer 480-297-6968 jbulfer@westusa.com

Thunderbird Farms South

Foothills Reserve

$874,900 Original owner TW home nestled on 1/3 of an acre in the quiet neighborhood with stunning Mountain Views. Spacious single level home features 4 lrg bedrooms +Den/LR, 2.5 baths, w/ 3 car garage. Upon entering, you are greeted by soaring ceilings, open layout, inviting fireplace & wet bar w/ views to your backyard oasis. Gourmet chef’s kitchen is complete with Thermador appliances, custom cabinetry & granite countertops. Backyard is complete with Refreshing Pool, Built in BBQ, Large grassy area & immense Sport/PICKLEBALL Court. Located in Mountain Park Ranch with community pools, volleyball, tennis/PB and in Kyrene School District.

Jill Ostendorp 480-678-7308 jillo@homesbyjillo.com

Beautiful move-in-ready 4 bed, 2.5 bath. 3,002 sq ft. Upgraded kitchen with lots of counters! SS appliances, granite, upgraded cabinetry overlook a highly upgraded pool. Master bedroom deck has INCREDIBLE vistas East, incl. South Mountain. Formal living and dining rooms, upgraded paint and flooring are just part of the fun of this home. A new TESLA solar/ battery system saves tons of $$. Nearby NEW Phoenix city park for hiking and biking, easy access off the 202.

Link Paffenbarger 602-989-7221 linkpaff@gmail.com