NOT LISTED FOR SALE

Estimated Value: $747,026

0.8 Acre
$933,782 Price per Acre
34,848 Sq Ft Lot

Last Sold June 15, 2016

Last sale price $350,000

Est. 113% increase in value since last sale

Current estimated payment $3,964/month

172 Days on Market

Highlights

  • 0.8 Acre Lot
  • No HOA
  • Level Lot
  • Sequoya Elementary School Rated A

About This Lot

As of June 2016

Welcome to the community of Los Castillos, a wonderful community located in desirable 85254 zip code and just north of Paradise Valley. Where can you find a buildable lot in Scottsdale in a community such as Los Castillos and ready for a dream home? This flat, rectangular lot is the perfect site for a spec builder or a homeowner looking to build their dream custom home. Lot has block fencing on 3 sides and is facing only one street. Call us to get additional information about the lot or builders that are ready to build on this lot.

Last Agent to Sell the Property

Deepak Verma

Advanta Living Real Estate License #BR553664000 Listed on: 11/12/2015

Last Buyer's Agent

Deepak Verma

Phoenix Urban Spaces License #BR553664000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,949

Lot Details

  • 0.8 Acre Lot
  • Block Wall Fence
  • Level Lot
  • Property is zoned RE-35

Community Details

  • No Home Owners Association
  • Los Castillos Lot 1 20 Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 167-62-039

Property Details

Property Type

Land

Est. Annual Taxes

$1,949

Lot Details

0

Listing Details

  • Cross Street: Shea & 56th
  • Property Type: Land
  • Topography: Level
  • Zoning: RE-35
  • Tax Year: 2014
  • Directions: North on 56th, left (west) on Yucca, right onto Service Rd
  • Lot Size Acres: 0.8
  • Road Surface Type: Asphalt
  • Subdivision Name: LOS CASTILLOS LOT 1-20
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 232x152
  • Lot Size Sq Ft: 34986.0
  • Additional Parcels: No
  • Parcel #: 167-62-039
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1949.0
  • Tax Book Number: 167.00
  • Tax Lot: 18
  • Tax Map Number: 62.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2017
Sold by
Phillips Mihaela M
Bought by
City Of Phoenix
Total Days on Market
172
Current Estimated Value
$747,026

Purchase Details

Closed on
Aug 24, 2016
Sold by
Phillips Bill and Phillips Mihaela M
Bought by
Phillips Mihaela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.45%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Nov 12, 2015
Closed on
Jul 7, 2016
Sold by
Patel Parag J
Bought by
Phillips Mihaela M
Seller's Agent
Deepak Verma
Advanta Living Real Estate
Buyer's Agent
Deepak Verma
Advanta Living Real Estate
List Price
$495,000
Sold Price
$350,000
Premium/Discount to List
-$145,000
-29.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$150,000
Interest Rate
3.45%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 22, 2007
Sold by
Patel Jhaver A and Patel Vasant J
Bought by
Patel Parag J
Source: Public Records

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Range of Values:

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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
City Of Phoenix -- Security Title Agency Inc
Phillips Mihaela M -- Great American Title Agency
Phillips Mihaela M $350,000 Great American Title Agency
Patel Parag J -- American Heritage Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Mihaela M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2016 06/15/16 Sold $350,000 -29.3% --
04/29/2016 04/29/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $495,000 -- --
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 -- $31,466 $31,466 --
2024 -- $29,968 $29,968 --
2023 $0 $68,580 $68,580 $0
2022 $0 $59,700 $59,700 $0
2021 $0 $57,420 $57,420 $0
2020 $0 $44,730 $44,730 $0
2019 $0 $43,740 $43,740 $0
2018 $0 $31,185 $31,185 $0
2017 $0 $30,765 $30,765 $0
2016 $2,056 $45,255 $45,255 $0
2015 $2,011 $35,056 $35,056 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5361803

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-62-039