NOT LISTED FOR SALE

1025 W Cavalry Rd Unit 165B New River, AZ 85087

Estimated Value: $467,000 - $500,000

2.26 Acres
$212,090 Price per Acre
98,446 Sq Ft Lot

Last Sold August 21, 2015

Last sale price $45,000

Est. 965% increase in value since last sale

Current estimated payment $2,757/month

83 Days on Market

About This Lot

As of August 2015

Unbelievable 2.2 acre piece of property ready for home. Private well and power on site. Unobstructed panormaic mountain views and saguaro cactus cover the area. This property has a building pad. Huge beautiful wash with natural desert plants and rocks separate neighbors. Private, secluded, beautiful property that is at rock bottom pricing. Looks like a MFH was once not his property but has been removed. Buyer to verify all information. Property sold as is with no warranties and no guarantees. Not many bank owned properties come available so better hurry up on this one. Priced to sell fast.

Last Agent to Sell the Property

Rebecca Palmer

Re/Max Fine Properties License #SA535644000 Listed on: 05/06/2015

Re/Max Fine Properties

Last Buyer's Agent

Christopher Bemis

West USA Realty License #SA640664000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $324

Lot Details

  • 2.26 Acre Lot
  • Property is zoned R43

Schools

  • New River Elementary School
  • Gavilan Peak Elementary Middle School
  • Boulder Creek High School

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Tax Lot 165B
  • Assessor Parcel Number 202-21-165-B

Property Details

Property Type

Land

Est. Annual Taxes

$324

Lot Details

0

Listing Details

  • Cross Street: New River Road and Honda Bow Road
  • Property Type: Land
  • Zoning: R43
  • Tax Year: 2014
  • Directions: Go W on Honda Bow Rd all the way to the end at 11th av Go N all the way until you have to turn left. Turn Left all the way to 13th av, go N to Calvary. Turn Right at Calvary. Property is on S side
  • Lot Size Acres: 2.26
  • Subdivision Name: Metes and bounds
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: Domestic Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: New River Elementary School
  • High School: Boulder Creek High School
  • Middle Or Junior School: Gavilan Peak Elementary

Lot Info

  • Lot Size: 298x331
  • Lot Size Sq Ft: 98646.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 202-21-165-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 324.0
  • Tax Book Number: 202.00
  • Tax Lot: 165B
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2018
Sold by
Hemmersbach Kevin and Koseor Richard
Bought by
Mathews Hoffman Monika A
Current Estimated Value
$479,324

Purchase Details

Closed on
Sep 30, 2016
Sold by
Hector Barbara
Bought by
Matthews Hoffmann Monika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,066
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 6, 2015
Closed on
Jul 28, 2015
Sold by
Bmo Harris Bank Na
Bought by
Hector Barbara
Seller's Agent
Rebecca Palmer
Re/Max Fine Properties
Buyer's Agent
Christopher Bemis
West USA Realty
List Price
$51,500
Sold Price
$45,000
Premium/Discount to List
-$6,500
-12.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.21%

Purchase Details

Closed on
Mar 25, 2015
Sold by
Merz Guy F and Merz Mary E
Bought by
Bmo Harris Bank Na

Purchase Details

Closed on
Jun 27, 2011
Sold by
Merz Guy Francis and Merz Guy F
Bought by
The Merz Family Living Trust

Purchase Details

Closed on
Mar 2, 2006
Sold by
Law Michael L and Law Valys U
Bought by
Merz Guy F and Merz Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
6.08%
Mortgage Type
New Conventional
Source: Public Records

Similar Property in the area

  • 2.5 acres W Saddle Mountain Rd, Phoenix, AZ 85086

    $495,000

    • Land
    • 2.5 Acres
    • $198,000 per Acre
    • 2.5 acres W Saddle Mountain Rd
    • Phoenix, AZ

    This lot is the perfect spot to build your dream home! Look out your front door to amazing views! Quiet neighborhood, flat lot, and 160 acres of pristine state land that you can hike and explore just east of property! Don't miss this!! Seller will subdivide land once under contract. Buyer will need to install their own well and septic system.

    Christan Leto eXp Realty

    Section Image

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
Mathews Hoffman Monika A $50,000 Equity Title Agency Inc
Matthews Hoffmann Monika -- None Available
Hector Barbara $45,000 Security Title Agency Inc
Merz Guy F $231,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Hoffmann Monika $93,610
Previous Owner Matthews Hoffmann Monika $91,066
Previous Owner Merz Guy F $173,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $45,000 -12.6% --
07/27/2015 07/27/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $51,500 -- --
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 $2,551 $21,681 -- --
2024 $2,429 $20,648 -- --
2023 $2,429 $33,980 $6,790 $27,190
2022 $2,343 $25,300 $5,060 $20,240
2021 $2,384 $24,010 $4,800 $19,210
2020 $2,336 $22,910 $4,580 $18,330
2019 $2,264 $22,470 $4,490 $17,980
2018 $581 $6,610 $6,290 $320
2017 $570 $4,560 $4,300 $260
2016 $523 $4,750 $4,490 $260
2015 $483 $4,530 $4,270 $260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5275825

Arizona Regional Multiple Listing Service (ARMLS)

APN: 202-21-165B