NOT LISTED FOR SALE

Estimated Value: $1,679,565 - $1,770,000

8.66 Acres
$199,167 Price per Acre
377,230 Sq Ft Lot

Sale Details

Date Sold: June 23, 2017

Last sale price $925,000

Est. 86% increase in value since last sale

Current estimated payment $9,961 / mo

665 Days on Market

Highlights

  • 8.66 Acre Lot
  • Mountain View
  • No HOA
  • Riggs Elementary School Rated A

About This Lot

As of June 2017

HUGE PRICE REDUCTION!! Can be subdivided into 12 parcels! Fantastic parcel of land in a great Gilbert location with incredible mountain views! Close to shopping, schools and easy freeway access!

Last Agent to Sell the Property

Michael Swanson

Engel & Voelkers Scottsdale License #SA645514000 Listed on: 06/26/2015

Engel & Voelkers Scottsdale

Co-Listed By

Peter Sandoval

Compass License #SA649384000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,866

Lot Details

  • 8.66

Schools

  • Riggs Elementary School
  • Basha High School

Additional Features

  • 8.66 Acre Lot
  • Mountain Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 304-87-508

Property Details

Property Type

Land

Est. Annual Taxes

$5,866

Lot Details

8.66 Acres

Listing Details

  • Cross Street: Higley & Mews
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Raw Land, Plans Available, Plans Included, Prelim Eng Included
  • Zoning: Residential
  • Tax Year: 2014
  • Lot Size Acres: 8.66
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Co List Office Mls Id: myhg06
  • Co List Office Phone: 623-242-9459
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: None
  • Lot Features: Mountain View(s)
  • Disclosures: Soil Test, Other (See Rmks)
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Riggs Elementary
  • High School: Basha High School

Lot Info

  • Lot Size: 642 X 595
  • Lot Size Sq Ft: 377177.0
  • Additional Parcels: No
  • Parcel #: 304-87-508
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5866.0
  • Tax Book Number: 304.00
  • Tax Lot: -
  • Tax Map Number: 87.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2015
Closed on
Jun 20, 2017
Sold by
Bought by
Seller's Agent
Michael Swanson
Engel & Voelkers Scottsdale
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,590,000
Sold Price
$925,000
Premium/Discount to List
-$665,000
-41.82%
Current Estimated Value
$1,724,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$799,783
Avg. Annual Appreciation
7.11%

Purchase Details

Listed on
Jun 26, 2015
Closed on
Jun 16, 2017
Sold by
Bought by
Seller's Agent
Michael Swanson
Engel & Voelkers Scottsdale
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,590,000
Sold Price
$925,000
Premium/Discount to List
-$665,000
-41.82%

Purchase Details

Closed on
Oct 6, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
0.059%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
0.0643%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$925,000 Lawyers Title Of Arizona Inc
-- Lawyers Title Of Arizona Inc
$2,300,000 Capital Title Agency Inc
-- Chicago Title Insurance Co
-- Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,200,000
Previous Owner $276,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/23/2017 06/23/17 Sold $925,000 -41.8% --
06/26/2015 06/26/15 For Sale $1,590,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,083 $76,581 $76,581
2024 $6,833 $72,934 $72,934
2023 $6,833 $361,980 $361,980 $0
2022 $6,618 $190,200 $190,200 $0
2021 $6,802 $147,270 $147,270 $0
2020 $0 $152,940 $152,940 $0
2019 $0 $79,710 $79,710 $0
2018 $0 $97,305 $97,305 $0
2017 $5,967 $97,305 $97,305 $0
2016 $5,771 $86,880 $86,880 $0
2015 $5,891 $50,672 $50,672 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5299485

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-87-508

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