About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

518 E Balao Dr, Phoenix, AZ 85085

$831,000

Last sold 03/01/2025 for $810K

4
bed
3
bath
3,029
Sqft ($267/Sqft)

House not for sale

About 518 E Balao Dr

Property type House

Neighborhood

Year built 2019

HOA fee $139/month

Lot size 6,043 Sqft

Movoto estimate

Parking 3 garage spaces

Rental estimate

Property description

This is the home you've been looking for! FULL STOP. Located in the GATED community of Gateway at Sonoran Preserve, this newer home has so many upgrades we can't list them all. A few of the best? TWO family rooms, PRIVATE HEATED POOL, GOURMET KITCHEN, 3-CAR GARAGE, and... You can walk out of the neighborhood and access the SONORAN DESERT PRESERVE! That's right! Walk out your front door and hike/bike for miles. Plus, NORTH GATEWAY is just down the street with new RESTAURANTS/RETAIL under construction as we speak! This is a HUGE OPPORTUNITY to live in a wonderful community with great neighbors! ONE MORE THING. You'll get to see those famous hot air balloons almost daily from your BACKYARD! Run, don't walk, to this beautiful move-in ready home surrounded by breathtaking VIEWS!

Listed by

Listing Agent - Laurie Cato

Listing Office - Berkshire Hathaway HomeServices Arizona Properties

Source: ARMLS

MLS#6809122 • last updated 1 year ago

Movoto checked ARMLS for data 5 minutes ago

Overview
Cooling/AC	Central Air, Ceiling Fan(s), Programmable Thmstat
Heating	Natural Gas
Levels/Style	2
MLS #	6809122
Type	Residential
Status	Closed
SubType	Single Family Residence
SqFt	3029
Lot Size (Acres)	0.14
Lot Size (Sqft)	6043
Property Tax	2904
HOA	Brown Comm Mgmnt, 480-339-8008
Builder Name	Taylor Morrison
HOA Fee	139, Monthly
Year Built	2019

Interior
Total # of Bathrooms	3
# Full Baths	2
# Half Baths	1
Total # of Bedrooms	4
Laundry	Inside
Flooring	Carpet, Tile
Interior Features	Walk-in Pantry, Non-laminate Counter, High Speed Internet, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
Appliances	Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven

Exterior
Roof	Tile
Construction	Stucco, Wood Frame, Painted
# of Garage Spaces	3
Parking	Tandem Garage, RV Gate, Direct Access
# of Open Parking Spaces	2
# of Covered Spaces	3
Patio/Porch	Covered Patio(s)
Fencing	Block
Lot Features	North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back

Amenities / Utilities
Water Source	City Water
Sewer/Septic	Public Sewer
Spa	None
HOA Fee Includes	Maintenance Grounds, Street Maint
Pool	Play Pool, Heated

Location
View	Mountain(s)
Subdivision	GATEWAY AT SONORAN PRESERVE
Community Features	Gated, Playground, Biking/Walking Path
Elementary School	Sonoran Foothills School
Elementary School District	Deer Valley Unified District
Middle School	Sonoran Foothills School
High School District	Deer Valley Unified District
High School	Barry Goldwater High School
APN	211-75-255
Directions	From I-17, East On Dove Valley Road, Right On 7th Street, Right On E Chaparosa Way Into Gate, Left On N 5th Street, Left On E Balao, House Is On The Left.

$831K

Range: $756K-$905K

Last 30 days

Rental est.: $2,520/month

• Gross rent multiplier: 26.8

Lower your payment with the loan terms that fit you.

Mar 2025
MLS # 6809122
Mar 1, 2025 Sold
$810,000
Jan 30, 2025 Active
—
Jan 21, 2025 Listed
$829,000 (-0.1%)
Feb 2025
Public Records
Feb 28, 2025 Sold
$810,000 (-2.3%)
Jan 2025
MLS # 6773476
Jan 14, 2025 Price Change
$829,900 (-1.2%)
Oct 19, 2024 Listed
$839,900 (+12.0%)
Dec 2021
MLS # 6297443
Dec 1, 2021 Sold
$750,000
Oct 18, 2021 Price Change
$750,000 (-4.5%)
Sep 27, 2021 Listed
$785,000 (+56.1%)
Sep 23, 2021 Listed
—
Nov 2021
Public Records
Nov 30, 2021 Sold
$750,000
Nov 2019
Public Records
Nov 6, 2019 Sold
$503,036

Year Property taxes Tax assessment
2024
$2,904 +1.7%

$66,930 -9.47%
2023
$2,855 +3.9%

$73,930 +29.41%
2022
$2,749 -4.3%

$57,130 +32.18%
2021
$2,872 +1.9%

$43,220 +4.65%
2020
$2,819 +1668.7%

$41,300 +9.35%
2019
$159 +3.2%

$37,770 +1898.41%
2018
$154 +3.4%

$1,890 +1.61%
2017
$149

$1,860

518 E Balao Dr
$810K
Desert View
$797K +10% y/y
85085
$749K +11% y/y
Phoenix
$465K 0% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
522 E Balao Dr, Phoenix, AZ 85085	$713,000	—/—	2,013	0.01
514 E Balao Dr, Phoenix, AZ 85085	$618,000	4/—	1,758	0.01
510 E Balao Dr, Phoenix, AZ 85085	$618,000	3/—	1,758	0.02
526 E Balao Dr, Phoenix, AZ 85085	$628,000	—/—	1,758	0.02
519 E Pasaro Dr, Phoenix, AZ 85085	$677,000	—/—	2,014	0.02
523 E Pasaro Dr, Phoenix, AZ 85085	$652,000	3/—	1,758	0.02
515 E Pasaro Dr, Phoenix, AZ 85085	$654,000	3/—	1,567	0.03
517 E Balao Dr, Phoenix, AZ 85085	$797,000	4/—	2,659	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.