Stephen H. Ledford sold a three bath, 3,474-square-foot home at 3750 E. Bronco Trail in Phoenix's Ahwatukee Foothills to GMAC Mortgage LLC for $875,000 on Oct. 15.

Ledford paid $1.2 million for the property in Dec. 2007. The house was built in 1982.

Ledford is a realtor with WestUSA. He specializes in selling real estate in the Phoenix, Ahwatukee, Ocotillo, Scottsdale, Tempe, Chandler and Gilbert areas.

Previously, Ledford worked at Intel as a senior manager.

He has a bachelors degree from Bellarmine University and a masters degree from Georgia Institute of Technology.

There have been 22,141 sales in Phoenix in 2008, with a median price of $176,497.

Address: 3750 East Bronco Trail
Buyer(s): Gmac Mortgage Llc
Seller(s): Executive Services Llc (Trustee) and Stephen H Ledford
Sale date: Oct. 15, 2008