NOT LISTED FOR SALE

Estimated Value: $2,962,000 - $3,168,000

3 Beds
1 Bath
1,352 Sq Ft
$2,274/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $460,000 $340 Per Sq Ft

Est. 568% increase in value since last sale

Current estimated payment $17,887/month

6 Days on Market

Highlights

  • Horses Allowed On Property
  • 1.61 Acre Lot
  • No HOA
  • Mercury Mine Elementary School Rated A
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of May 2016

1.61 Acres of property near the Phoenix Mountain Preserve! This is an opportunity that doesn't often happen. Horse property potential, with gorgeous views, slightly elevated, and flat usable land. 39th street is a dead-end, protecting the quiet enjoyment of the community. The entire area is comprised of acre plus lots and surrounded by natural desert beauty. Quick access to multiplle trail heads for riding, hiking and biking. The small ranch house is very livable, but would likely either be remodeled, expanded and/or scraped to site a new house. Priced at lot value, to offer the best opportunity to remodel/build in a highly desirable location. Where else can a 1.6 acre in-town lot be found at this value? Other similar sized lots in the area are over $1,000,000. An opportunity to capture!

Last Listed By

Laura Joyner

Coldwell Banker Realty License #SA104475000 Listed on: 03/15/2016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,513

Year Built

  • Built in 1971

Lot Details

  • 1.61 Acre Lot
  • Desert faces the front and back of the property
  • Wire Fence

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • Roadrunner Elementary School - 85028
  • Roadrunner School - 85051 Middle School
  • Shadow Mountain High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Paradise Foothills Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 165-01-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,513

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 40th street and Shea
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2015
  • Directions: South of Shea, on 40th to Via Estrella, west to 39th St., north to property. Very quiet location, on a dead-end street.
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 1.61
  • Subdivision Name: Paradise Foothills
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1352.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Cook Top Gas: Yes

Exterior Features

  • Fencing: Chain Link, Wire, See Remarks
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Not Managed
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Roadrunner Elementary School - 85028
  • High School: Shadow Mountain High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Roadrunner School - 85051

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 70060.0
  • Parcel #: 165-01-043
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3513.0
  • Tax Book Number: 165.00
  • Tax Lot: 11
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
Apr 25, 2016
Sold by
Cruz Abraham
Bought by
Heckler Dean C
Seller's Agent
Laura Joyner
Coldwell Banker Realty
Buyer's Agent
Kristal Parker-Manzo
Real Broker
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%
Total Days on Market
6
Current Estimated Value
$3,074,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,614,871
Avg. Annual Appreciation
17.74%
Original Mortgage
$368,000
Outstanding Balance
$297,337
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,718,944

Purchase Details

Closed on
Dec 10, 2015
Sold by
Cruz Abraham
Bought by
Cruz Abraham and Abraham Cruz Revocable Trust

Purchase Details

Closed on
Sep 23, 2015
Sold by
Hurd Gerald M and Hurd Dorothy L
Bought by
Cruz Abraham

Purchase Details

Closed on
Jun 28, 2011
Sold by
Hurd Gerald M
Bought by
Hurd Gerald M and Hurd Dorothy L

Range of Values:

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Average Value
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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
Heckler Dean C $460,000 Old Republic Title Agency
Cruz Abraham -- None Available
Cruz Abraham -- Accommodation
Hurd Gerald M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heckler Dean C $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $460,000 -3.2% $340 / Sq Ft
03/15/2016 03/15/16 For Sale $475,000 -- $351 / Sq Ft
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 $9,100 $91,424 -- --
2024 $8,910 $87,071 -- --
2023 $8,910 $178,750 $35,750 $143,000
2022 $8,820 $125,800 $25,160 $100,640
2021 $8,846 $110,610 $22,120 $88,490
2020 $4,340 $51,810 $10,360 $41,450
2019 $4,165 $35,320 $7,060 $28,260
2018 $4,029 $33,180 $6,630 $26,550
2017 $3,862 $35,920 $7,180 $28,740
2016 $3,797 $34,630 $6,920 $27,710
2015 $3,516 $37,120 $7,420 $29,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5413153

Arizona Regional Multiple Listing Service (ARMLS)

APN: 165-01-043