NOT LISTED FOR SALE

1114 E Caribbean Ln Unit 67 Phoenix, AZ 85022

Moon Valley Neighborhood

Estimated Value: $708,000 - $909,000

0.26 Acre
$3,277,300 Price per Acre
11,326 Sq Ft Lot

Last Sold November 12, 2015

Last sale price $182,500

Est. 367% increase in value since last sale

Current estimated payment $5,011/month

265 Days on Market

Highlights

  • 0.26 Acre Lot
  • Mountain View
  • Cul-De-Sac
  • Shadow Mountain High School Rated A-
  • No HOA
  • Partially Fenced Property

About This Lot

As of November 2015

Rare, true Moon Valley lot available on quiet culdesac with views of Lookout Mountain. Culdesac features beautiful, upscale custom homes. Lot was once part of the adjacent property and used as a sand volleyball court. (Seller purchased lot as-is and did not participate in the split.) Plans for a 2,661 square foot home available. This is a great opportunity for a rare Moon Valley residential lot with no previous building structure. Utilities appear to be at the lot line. Quiet, secluded lot that also offers fantastic access to shopping & dining at 7th Street & Thunderbird.

Last Agent to Sell the Property

Gene Montemore

Compass License #SA531107000 Listed on: 02/05/2015

Compass

Last Buyer's Agent

Thomas Kilby

A Thomas License #BR553403000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $946

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Block Wall Fence
  • Property is zoned R1-10

Schools

  • Hidden Hills Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Lookout Mountain Subdivision

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 214-42-164-C

Property Details

Property Type

Land

Est. Annual Taxes

$946

Lot Details

0

Listing Details

  • Cross Street: 7th Street / Coral Gables
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R1-10
  • Tax Year: 2014
  • Directions: (E) to 11th Street, (S) to Caribbean, (E) to property on left.
  • Lot Size Acres: 0.26
  • Road Surface Type: Asphalt
  • Subdivision Name: Lookout Mountain
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: Cul-De-Sac, Mountain View(s), North/South Exp, Adjacent to Wash

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hidden Hills Elementary School
  • High School: Shadow Mountain High School
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Lot Size: 76x138
  • Horse Amenities: Other
  • Lot Size Sq Ft: 11358.0
  • Additional Parcels: No
  • Parcel #: 214-42-164-C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 946.0
  • Tax Book Number: 214.00
  • Tax Lot: 67
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2020
Sold by
Schamadan Michael William
Bought by
Schamadan Michael William and Ms Family Trust
Current Estimated Value
$852,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$295,489
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$536,919

Purchase Details

Listed on
Feb 5, 2015
Closed on
Oct 28, 2015
Sold by
Moulton Investments Llc
Bought by
1114 E Crib Llc
Seller's Agent
Gene Montemore
Compass
Buyer's Agent
Thomas Kilby
A Thomas
List Price
$225,000
Sold Price
$182,500
Premium/Discount to List
-$42,500
-18.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.77%

Purchase Details

Closed on
Mar 1, 2011
Sold by
Moulton Family Trust
Bought by
Moulton Investments Llc

Purchase Details

Closed on
Sep 9, 2010
Sold by
Moulton George and Moulton Linda K
Bought by
Moulton Family Trust and Moulton George Edward

Purchase Details

Closed on
Jun 22, 2009
Sold by
M & I Marshall & Ilsley Bank
Bought by
Moulton George and Moulton Linda K

Purchase Details

Closed on
Apr 14, 2009
Sold by
Burr Vincent J
Bought by
M & I Marshall & Ilsley Bank

Purchase Details

Closed on
Aug 27, 2007
Sold by
Pettlette Dawn
Bought by
Burr Vincent J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2004
Sold by
Burr Vincent J
Bought by
Pettiette Dawn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2004
Sold by
Ziegler Alice
Bought by
Burr Vincent J and Vincent J Burr Living Trust

Purchase Details

Closed on
Nov 13, 1995
Sold by
Hobel Peter J
Bought by
Hobel Donna M
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
Schamadan Michael William -- Accommodation
Schamadan Michael William -- American Title Svc Agcy Llc
1114 E Crib Llc $182,500 First American Title Ins Co
Moulton Investments Llc -- None Available
Moulton Family Trust -- None Available
Moulton George $145,000 Security Title Agency
M & I Marshall & Ilsley Bank $166,504 Security Title Agency
Burr Vincent J $382,500 Security Title Agency Inc
Pettiette Dawn E $260,000 Security Title Agency
Burr Vincent J -- --
Hobel Donna M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schamadan Michael William $330,000
Closed The Ms Family Trust $70,200
Closed Schamadan Michael $340,000
Previous Owner Burr Vincent J $382,500
Previous Owner Burr Vincent J $110,000
Previous Owner Pettiette Dawn E $208,000
Previous Owner Burr Lois $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2015 11/12/15 Sold $182,500 -18.9% --
10/27/2015 10/27/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $225,000 -- --
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 $4,417 $44,374 -- --
2024 $4,325 $42,261 -- --
2023 $4,325 $71,270 $14,250 $57,020
2022 $4,281 $57,320 $11,460 $45,860
2021 $4,294 $55,360 $11,070 $44,290
2020 $4,161 $50,250 $10,050 $40,200
2019 $4,166 $46,830 $9,360 $37,470
2018 $4,030 $14,730 $14,730 $0
2017 $958 $10,575 $10,575 $0
2016 $942 $8,205 $8,205 $0
2015 $931 $8,432 $8,432 $0
Source: Public Records

Agents Affiliated with this Home

  • Gene Montemore

    Seller's Agent in 2015

    Gene Montemore

    Compass

    (480) 529-4363

    81 Total Sales

    Gene Montemore
    Section Image
  • Thomas Kilby

    Buyer's Agent in 2015

    Thomas Kilby

    A Thomas

    (602) 400-4288

    4 Total Sales

    Thomas Kilby
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5232617

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-42-164C

Arizona Maricopa County Phoenix 85022 Moon Valley

1114 E Caribbean Ln Unit 67, Phoenix, AZ

This home is located at 1114 E Caribbean Ln Unit 67, Phoenix, AZ 85022 since 05 February 2015 and is currently estimated at $852,098. 1114 E Caribbean Ln Unit 67 is a home located in Maricopa County with nearby schools including Hidden Hills Elementary School, Shea Middle School, and Shadow Mountain High School.

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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