NOT LISTED FOR SALE

Estimated Value: $307,070

0.26 Acre
$1,181,038 Price per Acre
11,326 Sq Ft Lot

Last Sold August 04, 2017

Last sale price $19,500

Est. 1,475% increase in value since last sale

Current estimated payment $1,727/month

286 Days on Market

Highlights

  • 0.26 Acre Lot
  • Mountain View
  • No HOA
  • Franklin at Brimhall Elementary School Rated A
  • Corner Lot

About This Lot

As of August 2017

Vacant Residential Land, Corner Lot. Lot has many existing trees that could be trimmed and salvaged to be incorporated around your new home. Buyer to verify all zoning restrictions and usage potential applications as well as all utility services provided to the property. This is a Rural Metro Fire Protection serviced area that is paid by separate subscription to Rural Metro. Buyer to investigate all material facts as they may relate to any environmental requirements. Seller will provide SPDS to best of sellers knowledge, seller has never occupied property.

Last Listed By

Durand Berg

Russ Lyon Sotheby's International Realty License #SA651309000 Listed on: 10/13/2016

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $255

Lot Details

  • 0.26 Acre Lot
  • Corner Lot
  • Property is zoned R-8

Property Views

  • Mountain Views

Community Details

  • No Home Owners Association
  • Sorenson Add Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 220-43-008

Property Details

Property Type

Land

Est. Annual Taxes

$255

Lot Details

0

Listing Details

  • Cross Street: Merrill Rd and University Dr
  • Legal Info Range: 7E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Existing Wash(s)
  • Zoning: R-8
  • Tax Year: 2016
  • Directions: On University travel East from Crismon, turn right/south on Merrill Rd. Property is on the NE corner or Merrill Rd and Billings St
  • Lot Size Acres: 0.26
  • Road Surface Type: Asphalt
  • Subdivision Name: SORENSON ADD
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Other, See Remarks
  • Lot Features: Corner Lot, Mountain View(s), Adjacent to Wash
  • Disclosures: Other (See Rmks)
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: Check Availability

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 145x90x70
  • Lot Size Sq Ft: 11140.0
  • Additional Parcels: No
  • Parcel #: 220-43-008
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 255.0
  • Tax Book Number: 220.00
  • Tax Lot: 3
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2021
Sold by
Pounders David
Bought by
Propiedades De Inversion Arizona Llc
Total Days on Market
286
Current Estimated Value
$307,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Outstanding Balance
$48,314
Interest Rate
2.67%
Mortgage Type
Commercial
Estimated Equity
$171,869

Purchase Details

Listed on
Oct 13, 2016
Closed on
Aug 2, 2017
Sold by
Passalaqua Judith B and Trump Judith B
Bought by
Pounders David
Seller's Agent
Durand Berg
Russ Lyon Sotheby's International Realty
Buyer's Agent
Durand Berg
Russ Lyon Sotheby's International Realty
List Price
$30,000
Sold Price
$19,500
Premium/Discount to List
-$10,500
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.67%

Purchase Details

Closed on
Feb 26, 2004
Sold by
Passalaqua Joseph L
Bought by
Trump Judith B

Purchase Details

Closed on
Dec 2, 1996
Sold by
Todd Doug
Bought by
Trump Judith B

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
Propiedades De Inversion Arizona Llc $60,000 Title Alliance Of Phoenix Ag
Pounders David $19,500 Magnus Title Agency
Trump Judith B -- --
Trump Judith B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Propiedades De Inversion Arizona Llc $53,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $19,500 -35.0% --
07/25/2017 07/25/17 Pending -- -- --
10/12/2016 10/12/16 For Sale $30,000 -- --
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 $305 $3,386 $3,386 --
2024 $309 $3,225 $3,225 --
2023 $309 $7,680 $7,680 $0
2022 $302 $6,855 $6,855 $0
2021 $301 $5,760 $5,760 $0
2020 $299 $4,920 $4,920 $0
2019 $277 $4,515 $4,515 $0
2018 $270 $4,875 $4,875 $0
2017 $260 $4,665 $4,665 $0
2016 $255 $3,690 $3,690 $0
2015 $254 $3,024 $3,024 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5510748

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-43-008