NOT LISTED FOR SALE

11681 E Cochise Dr Unit C9 Scottsdale, AZ 85259

Shea Corridor Neighborhood

Estimated Value: $4,277,000 - $6,077,000

1.07 Acres
$4,839,459 Price per Acre
46,609 Sq Ft Lot

Last Sold August 31, 2021

Last sale price $625,000

Est. 729% increase in value since last sale

Current estimated payment $28,038/month

39 Days on Market

Highlights

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

About This Lot

As of August 2021

ESTATE LOT (acre +) in a great Scottsdale location for you to build your custom home. The south side of Cochise Dr. is like a street of dreams with multi-million dollar homes. The back and sides of the lot already have block wall fencing, (West wall being installed now) so you can save on that expense. Plenty of room to wall and gate the front if desired also to create your own private estate. Centrally located in the Shea corridor so close access to everything Scottsdale has to offer plus easy to jump on the 101 in either direction! no-HOA, No C,C&Rs, non-NAOS. Drive by today and envision the possibilities! This is the last lot on this street and is ready for your home as you envision it! Buyer to independently verify all facts, figures, measurements & utilities. Great Homesite!

Last Agent to Sell the Property

Kathy Butts

Century 21 Arizona Foothills License #SA560366000 Listed on: 06/10/2021

Century 21 Arizona Foothills

Last Buyer's Agent

Nicholas Toon

RETSY License #SA677990000

RETSY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,572

Lot Details

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

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 C9
  • Assessor Parcel Number 217-33-980

Property Details

Property Type

Land

Est. Annual Taxes

$2,572

Lot Details

0

Listing Details

  • Cross Street: Shea and 114th Street
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-43
  • Tax Year: 2020
  • Lot Size Acres: 1.07
  • 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
  • Disclosures: None
  • 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
  • Middle Or Junior School: Mountainside Middle School

Lot Info

  • Lot Size: 182x242
  • Lot Size Sq Ft: 46797.0
  • Additional Parcels: No
  • Parcel #: 217-33-980
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2572.0
  • Tax Book Number: 217.00
  • Tax Lot: C9
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Raysa Llc
Bought by
Thompson Jalen L
Current Estimated Value
$5,178,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,396,001
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,782,220

Purchase Details

Closed on
Dec 16, 2021
Sold by
Ryan Patterson Enterprises Llc
Bought by
Raysa Llc

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 25, 2021
Sold by
Butts Willard
Bought by
Ryan Patterson Enterprises Llc
Seller's Agent
Kathy Butts
Century 21 Arizona Foothills
Buyer's Agent
Nicholas Toon
RETSY
List Price
$680,000
Sold Price
$625,000
Premium/Discount to List
-$55,000
-8.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.52%

Purchase Details

Closed on
May 1, 2012
Sold by
Morris Kemp R and Morris Judith Ann
Bought by
Butts Willard

Purchase Details

Closed on
Dec 17, 2007
Sold by
Adamson Thomas D and Adamson Kathleen J
Bought by
Morris Kemp R and Morris Judith Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2007
Sold by
Adamson Thomas D
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
New Conventional

Purchase Details

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

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
5.73%
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
Thompson Jalen L $5,000,000 Phoenix Az Title Agency, Llc
Raysa Llc $1,000,000 First American Title
Ryan Patterson Enterprises Llc $625,000 Premier Title Agency
Butts Willard $227,000 Security Title Agency
Morris Kemp R $750,000 Security Title Agency Inc
Adamson Thomas D -- Security Title Agency Inc
Adamson Thomas D -- Security Title Agency Inc
Adamson Thomas D $350,000 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 Thompson Jalen L $3,500,000
Previous Owner Morris Kemp R $450,000
Previous Owner Adamson Thomas D $1,500,000
Previous Owner Adamson Thomas D $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
08/31/2021 08/31/21 Sold $625,000 -8.1% --
06/10/2021 06/10/21 For Sale $680,000 -- --
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 $9,596 $144,381 -- --
2024 $2,574 $137,506 -- --
2023 $2,574 $61,890 $61,890 $0
2022 $2,442 $61,185 $61,185 $0
2021 $2,594 $57,075 $57,075 $0
2020 $2,572 $48,255 $48,255 $0
2019 $2,481 $43,950 $43,950 $0
2018 $2,403 $45,990 $45,990 $0
2017 $2,301 $47,715 $47,715 $0
2016 $2,257 $46,575 $46,575 $0
2015 $2,291 $33,568 $33,568 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6248780

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-33-980