$1,050,000
SOLD OCT 30, 2024
2.1 Acres
$500,000 Price per Acre
91,476 Sq Ft Lot

Recently Sold

34% Below List Price

31 Days on Market

Highlights

  • Horses Allowed On Property
  • City Lights View
  • 2.1 Acre Lot
  • Laguna Elementary School Rated A
  • Waterfront
  • Corner Lot

About This Lot

As of June 2025

STUNNING parcel with SPECTACULAR views! Over 2 acres of natural landscape, perfect for the perfect dream home.

Lot is zoned R1-43ELS - with over 2 acres, possibility to build MASSIVE family compound, with over-sized home, casita, separate gym, RV-multiple garages, horse barns, sports courts, etc. per builder's/homeowner's imagination.

Flat lot, no power lines hampering view. Adjacent to CAP - Central Arizona Canal Project. Cul-de-Sac (very private). Horses permissible. Beautiful, natural wash traverses back of property.

Proximity to Shea and 101, hospitals, schools (including Basis, Montessori, Great Heart).

Last Agent to Sell the Property

Susan Houde

Russ Lyon Sotheby's International Realty License #SA668424000 Listed on: 10/21/2024

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Susan Houde

Russ Lyon Sotheby's International Realty License #SA668424000 Listed on: 10/21/2024

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,401

Lot Details

  • 2.1 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • East or West Exposure
  • Block Wall Fence
  • Corner Lot
  • Property is zoned R1-43ESL

Parking

  • Garage

Property Views

  • City Lights
  • Mountain

Schools

  • Laguna Elementary School
  • Mountainside Middle School
  • Desert Mountain High School

Additional Features

  • North or South Exposure
  • Residence on Property
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 217-32-047-H

Property Details

Property Type

Land

Est. Annual Taxes

$2,401

Lot Details

0

Listing Details

  • Cross Street: Shea & 124th
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Other, See Remarks, Raw Land
  • Topography: Existing Wash(s), Level
  • Zoning: R1-43ESL
  • Tax Year: 2023
  • Directions: From Shea, South on 124th St, East on Gold Dust, South on 125th St. Property is on the end of the Cul-de-Sac on the Left. *Lot includes Home and Casita.
  • Horses: Yes
  • Lot Size Acres: 2.1
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: H
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other, See Remarks, Single Family

Exterior Features

  • Fencing: Other, Block
  • Lot Features: East/West Exposure, Cul-De-Sac, Waterfront, Corner Lot, City Light View(s), Mountain View(s), North/South Exp, Adjacent to Wash, Borders Pres/Pub Lnd
  • Disclosures: None
  • Other Structures: Other, Garage(s), Residence
  • Land Features:Waterfront: Yes

Garage/Parking

  • Existing Structures:Garage(s): Yes

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Laguna Elementary School
  • High School: Desert Mountain High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mountainside Middle School

Lot Info

  • Lot Size: 330'east x 310' north x 196 west x irregular
  • Lot Size Sq Ft: 91309.0
  • Additional Parcels: No
  • Parcel #: 217-32-047-H
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2401.26
  • Tax Book Number: 217.00
  • Tax Lot: -
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2025
Closed on
Jun 9, 2025
Sold by
Arekat Property Holdings Llc
Bought by
Aldridge John and Aldridge Chelsey
Seller's Agent
Rashied Arekat
Compass
Buyer's Agent
Jessica Sedei
Jason Mitchell Real Estate
List Price
$1,600,000
Sold Price
$1,571,000
Premium/Discount to List
-$29,000
-1.81%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-54.57%

Purchase Details

Listed on
Oct 21, 2024
Closed on
Oct 28, 2024
Sold by
Anne S Blethen Trust and Blethen Anne S
Bought by
Arekat Property Holdings Llc
Seller's Agent
Susan Houde
Russ Lyon Sotheby's International Realty
Buyer's Agent
Susan Houde
Russ Lyon Sotheby's International Realty
List Price
$1,595,000
Sold Price
$1,050,000
Premium/Discount to List
-$545,000
-34.17%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.58%
Original Mortgage
$900,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2013
Sold by
Blethen Anne S
Bought by
Blethen Anne S and The Anne S Blethen Trust

Purchase Details

Closed on
Mar 4, 2010
Sold by
Blethen Charles S
Bought by
Blethen Anne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,500
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2003
Sold by
Blethen Anne S
Bought by
Blethen Charles S and Blethen Anne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
5.73%

Purchase Details

Closed on
Nov 16, 1999
Sold by
Blethen Charles S
Bought by
Blethen Anne S
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 Type Sale Price Title Company
Warranty Deed $1,571,000 Premier Title Agency
Warranty Deed $1,050,000 Premier Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- Security Title Agency
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $340,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $900,000 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $352,000 New Conventional
Previous Owner $125,000 Unknown
Previous Owner $257,500 New Conventional
Previous Owner $273,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Sold $1,571,000 -1.8% $830 / Sq Ft
05/15/2025 05/15/25 For Sale $1,600,000 +52.4% $846 / Sq Ft
10/30/2024 10/30/24 Sold $1,050,000 -12.5% --
10/24/2024 10/24/24 Price Changed $1,200,000 -24.8% --
10/23/2024 10/23/24 Pending -- -- --
10/21/2024 10/21/24 Price Changed $1,595,000 0.0% --
10/21/2024 10/21/24 For Sale $1,595,000 0.0% --
09/21/2024 09/21/24 For Sale $1,595,000 -- --
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 $2,455 $43,032 -- --
2024 $2,401 $40,983 -- --
2023 $2,401 $59,010 $11,800 $47,210
2022 $2,286 $43,820 $8,760 $35,060
2021 $2,480 $41,950 $8,390 $33,560
2020 $2,457 $39,030 $7,800 $31,230
2019 $2,383 $38,470 $7,690 $30,780
2018 $2,328 $37,700 $7,540 $30,160
2017 $2,197 $34,900 $6,980 $27,920
2016 $2,153 $34,730 $6,940 $27,790
2015 $2,069 $31,210 $6,240 $24,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6757554

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-32-047H