NOT LISTED FOR SALE

11659 E Cochise Dr Unit C8 Scottsdale, AZ 85259

Shea Corridor Neighborhood

Estimated Value: $2,939,000 - $6,106,000

0.99 Acre
$4,951,873 Price per Acre
43,124 Sq Ft Lot

Last Sold November 09, 2020

Last sale price $425,000

Est. 1,053% increase in value since last sale

Current estimated payment $27,051/month

60 Days on Market

Highlights

  • 0.99 Acre Lot
  • No HOA
  • Partially Fenced Property
  • Laguna Elementary School Rated A

About This Lot

As of November 2020

Fully usable, no-HOA, no-CC&Rs, non-NAOS lot in prime Central Scottsdale location. Custom homes all along Cochise Drive up to $3.2M. Build your dream home or spec product with minimal site prep and controlled site costs. Miles of bike lanes outside the front door. Minutes to 101 freeway, Mayo Clinic, Salt River Fields, Old Town Scottsdale. Unique opportunity with very little shovel-ready, restriction-free vacant lot opportunities available. Located just north of Stonegate master plan, and close to Vito's, Cold Beer & Cheeseburgers, Cholla Park. Buyer to independently verify all facts, figures, measurements, utilities, land use. See ALTA survey in documents tab (shows electric transformer, water and sewer stubs on site).

Last Agent to Sell the Property

Gene Montemore

Compass License #SA531107000 Listed on: 07/29/2020

Compass

Last Buyer's Agent

Karl Stauffer

RealtyONEGroup Mountain Desert License #BR116092000

RealtyONEGroup Mountain Desert

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,399

Lot Details

  • 0.99 Acre Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Property is zoned R-43

Eco-Friendly Details

  • North or South Exposure

Schools

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

Community Details

  • No Home Owners Association
  • Mirage Crossing Subdivision

Listing and Financial Details

  • Tax Lot C8
  • Assessor Parcel Number 217-33-979

Property Details

Property Type

Land

Est. Annual Taxes

$2,399

Lot Details

0

Listing Details

  • Cross Street: Shea / 114th St
  • Legal Info Range: 5E
  • Property Type: Land
  • Topography: {"Level":true}
  • Zoning: R-43
  • Tax Year: 2019
  • Lot Size Acres: 0.99
  • Road Surface Type: Asphalt
  • Subdivision Name: MIRAGE CROSSING
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: North/South Exp
  • Disclosures: ALTA Survey Alba
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size: 182x229
  • Lot Size Sq Ft: 43111.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 217-33-979
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2399.0
  • Tax Book Number: 217.00
  • Tax Lot: C8
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2021
Sold by
Ayres Greg
Bought by
Ayres Gregory and Ayres Cassandra
Current Estimated Value
$4,902,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,333,043
Interest Rate
2.6%
Mortgage Type
Construction
Estimated Equity
$3,569,311

Purchase Details

Listed on
Jul 29, 2020
Closed on
Oct 13, 2020
Sold by
Curtis Jennifer Linn
Bought by
Ayres Greg
Seller's Agent
Gene Montemore
Compass
Buyer's Agent
Karl Stauffer
RealtyONEGroup Mountain Desert
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.37%
Original Mortgage
$318,750
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2020
Sold by
Hv 160 Llc
Bought by
Curtis Jennifer Linn

Purchase Details

Listed on
Jul 22, 2014
Closed on
Mar 19, 2015
Sold by
Scottsdale Pima Properties Llc
Bought by
Hv 160 Llc
Seller's Agent
Richard Barker
Keller Williams Arizona Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$449,900
Sold Price
$340,000
Premium/Discount to List
-$109,900
-24.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.15%

Purchase Details

Closed on
Jun 4, 2009
Sold by
Watson Communication Systems Inc
Bought by
Scottsdale Pima Properties Llc

Purchase Details

Closed on
May 18, 2009
Sold by
Adamson Thomas D and Adamson Kathleen J
Bought by
Watson Communication Systems Inc

Purchase Details

Closed on
Feb 14, 2007
Sold by
Adamson Kathleen J
Bought by
Adamson Thomas D and Adamson Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 3, 2005
Sold by
Adamson Thomas D
Bought by
Adamson Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2005
Sold by
Desert Bay Builders Llc
Bought by
Adamson Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2004
Sold by
Sierra Homes Llc
Bought by
Desert Bay Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2004
Sold by
Loats Jeffery E and Loats Janet F
Bought by
Desert Bay Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2000
Sold by
Bettencourt Gene
Bought by
Sierra Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ayres Gregory -- Pioneer Title
Ayres Greg $425,000 Old Republic Title Agency
Curtis Jennifer Linn -- None Available
Hv 160 Llc $340,000 First American Title Ins Co
Scottsdale Pima Properties Llc $600,000 Security Title Agency
Watson Communication Systems Inc -- Security Title Agency Inc
Adamson Thomas D -- Security Title Agency Inc
Adamson Kathleen J -- Security Title Agency Inc
Adamson Kathleen J -- Security Title Agency Inc
Desert Bay Builders Llc $750,000 Security Title Agency
Desert Bay Builders Llc $500,000 Security Title Agency
Sierra Homes Llc $180,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayres Gregory $1,500,000
Previous Owner Ayres Greg $318,750
Previous Owner Adamson Thomas D $1,500,000
Previous Owner Adamson Kathleen J $315,000
Previous Owner Desert Bay Builders Llc $875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2020 11/09/20 Sold $425,000 -5.6% --
09/27/2020 09/27/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $450,000 +32.4% --
03/20/2015 03/20/15 Sold $340,000 -24.4% -- View Prior Sale
02/10/2015 02/10/15 Pending -- -- --
07/22/2014 07/22/14 For Sale $449,900 -- --
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 $15,169 $214,789 -- --
2024 $4,568 $204,561 -- --
2023 $4,568 $108,680 $21,730 $86,950
2022 $2,360 $59,385 $59,385 $0
2021 $2,508 $55,230 $55,230 $0
2020 $2,486 $46,515 $46,515 $0
2019 $2,399 $42,240 $42,240 $0
2018 $2,323 $43,860 $43,860 $0
2017 $2,225 $45,510 $45,510 $0
2016 $2,181 $44,400 $44,400 $0
2015 $2,215 $32,272 $32,272 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6109675

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-33-979