NOT LISTED FOR SALE

1.27 acre N 25 Ln Unit 4 Phoenix, AZ 85086

Estimated Value: $1,008,718 - $1,087,000

1.27 Acres
$817,858 Price per Acre
55,321 Sq Ft Lot

Last Sold November 30, 2016

Last sale price $124,000

Est. 738% increase in value since last sale

Current estimated payment $5,886/month

46 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Level Lot
  • Sunset Ridge Elementary School Rated A-

About This Lot

As of November 2016

Great time to buy land. Desirable Desert Hills, premium location with easy access to Carefree Hwy and I-17, just north of Tramonto. Four 1 acre plus lots for sale. Paved roads, utilities to the lots: APS, water. Shared well, 5 shares, great producing well. Lots deed restricted to custom homes min 2200 sf, no horses, no HOA, bring your toys!! Stunning Mountain views and privacy, in area of new custom homes. Level usable lot, no flood zone. Hurry will not last long!!!

Last Agent to Sell the Property

Olga Griffin

My Home Group Real Estate License #BR543289000 Listed on: 09/12/2016

My Home Group Real Estate

Last Buyer's Agent

Camille Berlese

HomeSmart License #SA545689000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $525

Lot Details

  • 1.27 Acre Lot
  • Level Lot
  • Property is zoned R-43

Schools

  • Desert Mountain Elementary School
  • Desert Mountain Middle School
  • Boulder Creek High School

Additional Features

  • Mountain Views
  • North or South Exposure
  • Shared Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 203-33-032-C

Property Details

Property Type

Land

Est. Annual Taxes

$525

Lot Details

0

Listing Details

  • Cross Street: I-17 and Carefree Hwy
  • Legal Info Range: 2E
  • Property Type: Land
  • Topography: Level
  • Zoning: R-43
  • Tax Year: 2015
  • Directions: east to Via Puzolla, north to Cloud east curves into 27 Av, north to Irvine, east to 25 Ln, south to cull-de-sac lot on a left
  • Horses: No
  • Lot Size Acres: 1.27
  • Road Surface Type: Asphalt
  • Subdivision Name: MB
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm, Boundary Survey Avlb
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Desert Mountain Elementary
  • High School: Boulder Creek High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Desert Mountain School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 55321.0
  • Additional Parcels: No
  • Parcel #: 203-33-032-C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 525.0
  • Tax Book Number: 203.00
  • Tax Lot: 4
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2017
Sold by
Devin Murphy
Bought by
Parham Ii James K and Parham Rachael
Current Estimated Value
$1,038,680

Purchase Details

Listed on
Sep 12, 2016
Closed on
Nov 17, 2016
Sold by
Murphy Devin
Bought by
Giannini Michael and Giannini Teena M
Seller's Agent
Olga Griffin
My Home Group Real Estate
Buyer's Agent
Camille Berlese
HomeSmart
List Price
$129,000
Sold Price
$124,000
Premium/Discount to List
-$5,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.04%
Original Mortgage
$60,000
Interest Rate
3.52%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 25, 2016
Sold by
Murphy Devin
Bought by
Murphy Devin
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Parham Ii James K $130,000 Landmark Title Assurance Age
Giannini Michael $124,000 Landmark Title Assurance Age
Murphy Devin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giannini Michael $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2016 11/30/16 Sold $124,000 -3.9% --
10/28/2016 10/28/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $129,000 -- --
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 $4,548 $43,750 -- --
2024 $4,900 $41,666 -- --
2023 $4,900 $71,360 $14,270 $57,090
2022 $4,727 $52,820 $10,560 $42,260
2021 $4,811 $50,770 $10,150 $40,620
2020 $4,713 $48,970 $9,790 $39,180
2019 $1,513 $15,945 $15,945 $0
2018 $1,464 $15,990 $15,990 $0
2017 $1,436 $15,570 $15,570 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2016

    Olga Griffin

    My Home Group Real Estate

    (602) 570-1652

    51 in this area

    171 Total Sales

    Olga Griffin
    Section Image

  • C

    Buyer's Agent in 2016

    Camille Berlese

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5496299

Arizona Regional Multiple Listing Service (ARMLS)

APN: 203-33-032C

Arizona Maricopa County Phoenix 85086

1.27 acre N 25 Ln Unit 4, Phoenix, AZ

This home is located at 1.27 acre N 25 Ln Unit 4, Phoenix, AZ 85086 since 12 September 2016 and is currently estimated at $1,038,680. 1.27 acre N 25 Ln Unit 4 is a home located in Maricopa County with nearby schools including Sunset Ridge Elementary School, Boulder Creek High School, and Ridgeline Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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