NOT LISTED FOR SALE

0 W Jomax & 157th Ave Unit 7 5822435 Surprise, AZ 85387

Estimated Value: $562,000

7 Acres
$77,304 Price per Acre
316,681 Sq Ft Lot

Last Sold October 21, 2021

Last sale price $425,000

Est. 32% increase in value since last sale

Current estimated payment $3,047/month

793 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • No HOA
  • 7.27 Acre Lot
  • Corner Lot

About This Lot

As of October 2021

This is a magnificent property. Situated in one of the fastest growing parts of Maricopa county. Vast flat lot that would be very easy to develop. The current zoning could be suitable for multiple potential businesses - gas station, shopping strip, etc., along residential use.

The Buyer to verify all information in regards to that possibility.
The sale also includes the frontage lot of 11,239 sq.ft, parcel number 50352024T, legal description S 55F SW4 LOT 7 EX S 40F RD.

Last Agent to Sell the Property

SLava Kosta

DeLex Realty License #BR573806000 Listed on: 09/20/2018

DeLex Realty

Last Buyer's Agent

Aaron Sanchez

AMP Real Estate License #BR528637000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $790

Lot Details

  • 7.27 Acre Lot
  • Corner Lot
  • Additional Parcels
  • Property is zoned R43

Schools

  • Dysart Elementary School
  • Dysart High Middle School
  • Dysart High School

Additional Features

  • Mountain Views
  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • W2 S2 Se4 Se4 Ex S 55F Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 503-52-024-U

Property Details

Property Type

Land

Est. Annual Taxes

$790

Lot Details

0

Listing Details

  • Cross Street: 157TH AVE & JOMAX
  • Legal Info Range: 1W
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: {"Level":true}
  • Zoning: R43
  • Tax Year: 2020
  • Directions: The lot is located on the North side of Jomax between 157th and 156th Ave.
  • Horses: Yes
  • Lot Size Acres: 7.27
  • Road Surface Type: Asphalt
  • Subdivision Name: W2 S2 SE4 SE4 (LOT 7) EX S 55F
  • Tax Parcel Letter: U
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Mountain View(s), North/South Exp
  • Disclosures: Other (See Rmks)
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Dysart Elementary School
  • High School: Dysart High School
  • Middle Or Junior School: Dysart High School

Lot Info

  • Lot Size: 0
  • Lot Size Sq Ft: 316551.0
  • Additional Parcels: Yes
  • Parcel #: 503-52-024-U
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 790.0
  • Tax Book Number: 503.00
  • Tax Lot: 7
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 21, 2021
Sold by
Cobra Land Development Llc
Bought by
Gillaspy Paul
Seller's Agent
SLava Kosta
DeLex Realty
Buyer's Agent
Aaron Sanchez
AMP Real Estate
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Total Days on Market
793
Current Estimated Value
$562,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,000
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Nov 16, 2004
Sold by
Cornerstone Landscaping Inc
Bought by
Nia Ali H and Nia Marjan H

Purchase Details

Closed on
Jun 7, 2004
Sold by
Fetters Gary Eugene
Bought by
Cornerstone Landscaping Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Fetters Lena M
Bought by
Fettes Gary Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,290
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 1997
Sold by
Conner Luther T and Conner Hatsuko A
Bought by
Mckeever Earl D and Harris Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.26%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gillaspy Paul $425,000 Driggs Title Agency Inc
Nia Ali H $420,000 Security Title Agency Inc
Cornerstone Landscaping Inc $304,000 --
Fettes Gary Eugene -- First American Title Ins Co
Fetters Gary Eugene $270,000 First American Title Ins Co
Mckeever Earl D $103,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornerstone Landscaping Inc $243,200
Previous Owner Fetters Gary Eugene $209,290
Previous Owner Mckeever Earl D $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $425,000 -10.5% --
10/06/2021 10/06/21 For Sale $475,000 0.0% --
10/06/2021 10/06/21 Price Changed $475,000 0.0% --
11/20/2020 11/20/20 Pending -- -- --
05/10/2019 05/10/19 Price Changed $475,000 -4.0% --
02/01/2019 02/01/19 Price Changed $495,000 -10.0% --
09/19/2018 09/19/18 For Sale $550,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $765 $14,816 $14,816 --
2024 $775 $14,111 $14,111 --
2023 $775 $52,770 $52,770 $0
2022 $756 $34,455 $34,455 $0
2021 $804 $30,465 $30,465 $0
2020 $790 $24,840 $24,840 $0
2019 $768 $20,925 $20,925 $0
2018 $745 $18,285 $18,285 $0
2017 $677 $20,715 $20,715 $0
2016 $659 $14,535 $14,535 $0
2015 $668 $15,312 $15,312 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5822435

Arizona Regional Multiple Listing Service (ARMLS)

APN: 503-52-024U