NOT LISTED FOR SALE

11285 N 140th Place Scottsdale, AZ 85259

Estimated Value: $2,578,000 - $2,922,214

3.3 Acres
$828,122 Price per Acre
143,748 Sq Ft Lot

Last Sold September 12, 2019

Last sale price $200,000

Est. 1,266% increase in value since last sale

Current estimated payment $15,910/month

571 Days on Market

Highlights

  • City Lights View
  • 3.3 Acre Lot
  • Cul-De-Sac
  • Anasazi Elementary School Rated A
  • No HOA

About This Lot

As of September 2019

Offering spectacular views this land is an amazing opportunity for someone to build two or one custom homes. Land is located at the base of Scottsdale Mountain with quick access to the Shea Corridor. Amazing 360 degree mountain views and city lights yet very private on this slightly elevated piece of land. The Mayo Clinic, and BASIS School are all within two miles.

Last Agent to Sell the Property

Simen Marstokk

Arizona Elite Properties License #SA536789000 Listed on: 08/28/2019

Arizona Elite Properties

Last Buyer's Agent

Julie Hollanti

HomeSmart License #SA623765000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,791

Year Built

  • 2020

Lot Details

  • 3.3 Acre Lot
  • Cul-De-Sac
  • Property is zoned R1-43

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot '-'
  • Assessor Parcel Number 217-30-004-M

Property Details

Property Type

Land

Est. Annual Taxes

$2,791

Year Built

2020

Lot Details

0

Listing Details

  • Cross Street: Shea and 136'th street
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R1-43
  • Tax Year: 2016
  • Directions: NORTH TO DESERT COVE AVE. EAST TO 138TH WAY. TURN NORTH AND DRIVE TO END OF CUL DE SAC. PARCEL ON NORTH SIDE OF CUL DE SAC.
  • Lot Size Acres: 3.3
  • Subdivision Name: N/A
  • Tax Parcel Letter: M
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, City Light View(s), Mountain View(s), North/South Exp, Adjacent to Wash
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size: 313 x 490
  • Lot Size Sq Ft: 144897.0
  • Additional Parcels: No
  • Parcel #: 217-30-004-M
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2790.76
  • Tax Book Number: 217.00
  • Tax Lot: '-'
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Joki Hollanti Brent and Joki Hollanti Julie
Bought by
Hch Management Llc
Total Days on Market
571
Current Estimated Value
$2,732,804

Purchase Details

Closed on
Mar 13, 2021
Sold by
Hch Management Llc
Bought by
Joki Hollanti Brent and Joki Hollanti Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2019
Closed on
Sep 10, 2019
Sold by
Schwartz Michael A
Bought by
Schwartz Michael A and High Mangement Llc
Seller's Agent
Simen Marstokk
Arizona Elite Properties
Buyer's Agent
Julie Hollanti
HomeSmart
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.72%
Original Mortgage
$824,750
Interest Rate
3.6%

Purchase Details

Closed on
Oct 3, 2014
Sold by
Schwartz Michael A and Schwartz Michelle A
Bought by
Schwartz Michael A and Schwartz Michelle A

Purchase Details

Closed on
Dec 14, 2010
Sold by
M & I Marshall & Ilsley Bank
Bought by
Schwartz Michael S and Schwartz Michelle A

Purchase Details

Closed on
Oct 15, 2009
Sold by
Kusmer Brian Conrad
Bought by
M & I Marshall & Ilsley Bank

Purchase Details

Closed on
Nov 6, 2006
Sold by
Kusmer Brian Conrad
Bought by
Kusmer Brian Conrad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,990
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 1998
Sold by
Pizzafarros Inc
Bought by
Suncor Development Company
Source: Public Records

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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
Hch Management Llc -- Netco Title Company
Joki Hollanti Brent -- Netco Title Company
Schwartz Michael A $200,000 Netco Title Company
Schwartz Michael A -- Fidelity Natl Title Agency
Schwartz Michael A $90,000 Security Title Agency
M & I Marshall & Ilsley Bank $348,447 Security Title Agency
Kusmer Brian Conrad -- Ticor Title Agency Of Az Inc
Kusmer Brian Conrad -- Ticor Title Agency Of Az Inc
Kusmer Brian Conrad -- Ticor Title Agency Of Az Inc
Kusmer Brian Conrad $700,000 Ticor Title Agency Of Az Inc
Suncor Development Company $80,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joki Hollanti Brent $835,000
Previous Owner Hch Management Llc $824,750
Previous Owner Schwartz Michael A $824,750
Previous Owner Kusmer Brian Conrad $524,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2019 09/12/19 Sold $200,000 -13.0% --
08/28/2019 08/28/19 For Sale $230,000 +15.0% --
08/07/2019 08/07/19 Off Market $200,000 -- --
08/02/2019 08/02/19 Pending -- -- --
08/01/2019 08/01/19 Pending -- -- --
07/19/2019 07/19/19 Price Changed $230,000 -8.0% --
01/27/2019 01/27/19 Price Changed $250,000 -10.7% --
11/21/2018 11/21/18 Price Changed $280,000 -6.7% --
08/22/2018 08/22/18 Price Changed $300,000 -7.7% --
08/07/2018 08/07/18 Price Changed $325,000 -5.8% --
07/03/2018 07/03/18 Price Changed $345,000 -8.0% --
05/21/2018 05/21/18 Price Changed $375,000 -3.8% --
01/08/2018 01/08/18 For Sale $390,000 -- --
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 $6,834 $101,008 -- --
2024 $6,755 $96,198 -- --
2023 $6,755 $176,930 $35,380 $141,550
2022 $6,409 $130,230 $26,040 $104,190
2021 $3,208 $60,915 $60,915 $0
2020 $3,180 $65,670 $65,670 $0
2019 $3,069 $58,095 $58,095 $0
2018 $2,972 $79,770 $79,770 $0
2017 $2,846 $83,040 $83,040 $0
2016 $2,791 $76,755 $76,755 $0
2015 $2,833 $53,376 $53,376 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5705819

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-30-004M