$450,000
SOLD MAY 16, 2017

12221 N 67th St Scottsdale, AZ 85254

4 Beds
2 Baths
1,783 Sq Ft
1.04 Acres

Recently Sold

$252 Per Sq Ft

10% Below List Price

21 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • No HOA
  • Desert Springs Preparatory Elementary School Rated A
  • 1 Fireplace
  • Tile Flooring

About This Home

As of May 2023

Very difficult to find acre plus lot (45,419 sf) in the coveted 85254 zip code. Acre lot (tear down/remodel) listing down the street for $500,000 (MLS #5589206) just went under contract. A half acre tear down also just went under contract for $455,000 (MLS #5586707) Perfect investment opportunity. Million dollar plus homes/comps in area and a number of tear downs/rebuilds going up. Can build 1 or 2-story on the lot. Private pool is in great shape. Lot does not back to Cactus and is in a great location. This is a highly sought out area that investors covet. Text agent for showing instructions. Property qualifies for conventional financing. Selling property in AS-IS condition.

Last Agent to Sell the Property

Jason Penrose

Realty ONE Group License #SA560349000 Listed on: 04/14/2017

Last Buyer's Agent

Jason Penrose

HomeSmart License #SA560349000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 1958

Lot Details

  • 1.04 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Shake Roof
  • Block Exterior

Interior Spaces

  • 1,783 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Desert Shadows Middle School - Scottsdale

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • Private Pool
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Desert Estates 3 Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 175-65-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,459

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Cactus and 67th Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1958
  • Tax Year: 2916
  • Directions: From Cactus go north on 67th Street. Home is on the right.
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 1.04
  • Subdivision Name: DESERT ESTATES 3
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1783.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Wall Oven(s): Yes

Exterior Features

  • Fencing: Block, Wrought Iron, Wood
  • Lot Features: Desert Front, Natural Desert Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Shake
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Both Refrig & Evap
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Desert Shadows Middle School - Scottsdale

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 45419.0
  • Parcel #: 175-65-016
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: N/A

Tax Info

  • Tax Annual Amount: 2459.0
  • Tax Book Number: 175.00
  • Tax Lot: 16
  • Tax Map Number: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Patel Dhruv and Patel Parinda
Bought by
Dp Patel Family Trust and Patel
Current Estimated Value
$3,806,982

Purchase Details

Listed on
Oct 6, 2022
Closed on
May 1, 2023
Sold by
Jared And Jennifer Schiltz Living Trust
Bought by
Patel Dhruv and Patel Parinda
Seller's Agent
Charles Riordan
eXp Realty
Buyer's Agent
Parinda Patel
HomeSmart
List Price
$3,499,000
Sold Price
$3,242,275
Premium/Discount to List
-$256,725
-7.34%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$1,992,275
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2017
Closed on
May 16, 2017
Sold by
Torneanu Peter
Bought by
Schiltz Jared R and Schiltz Jennifer M
Seller's Agent
Jason Penrose
Realty ONE Group
Buyer's Agent
Jason Penrose
Realty ONE Group
List Price
$499,888
Sold Price
$450,000
Premium/Discount to List
-$49,888
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.28%

Purchase Details

Listed on
Feb 28, 2017
Closed on
Feb 23, 2017
Sold by
Torneanu Simona and Torneanu Eter
Bought by
Torneanu Peter
Seller's Agent
James McGiffert
Re/Max Fine Properties
Buyer's Agent
Thomas Hartman
HomeSmart
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.22%
Original Mortgage
$360,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 1999
Sold by
Wilcox Wallace T and Wilcox Beverly J
Bought by
Wilcox Wallace T and Wilcox Beverly J
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $3,242,275 Old Republic Title Agency
Warranty Deed $450,000 Dhi Title Agency
Interfamily Deed Transfer -- Dhi Title Agency
Warranty Deed $400,000 Dhi Title Agency
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,992,275 New Conventional
Previous Owner $360,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $3,242,275 -7.3% $609 / Sq Ft
03/19/2023 03/19/23 Price Changed $3,499,000 0.0% $657 / Sq Ft
03/19/2023 03/19/23 For Sale $3,499,000 0.0% $657 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
01/25/2023 01/25/23 Price Changed $3,499,000 -4.1% $657 / Sq Ft
10/26/2022 10/26/22 Price Changed $3,649,000 -2.7% $686 / Sq Ft
10/06/2022 10/06/22 For Sale $3,749,000 +733.1% $704 / Sq Ft
05/16/2017 05/16/17 Sold $450,000 -6.3% $252 / Sq Ft
04/26/2017 04/26/17 Price Changed $480,000 -4.0% $269 / Sq Ft
04/14/2017 04/14/17 For Sale $499,888 +25.0% $280 / Sq Ft
02/27/2017 02/27/17 Sold $400,000 +1.3% $224 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/12/2017 02/12/17 For Sale $395,000 -- $222 / Sq Ft
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 $8,771 $105,758 -- --
2024 $8,635 $100,722 -- --
2023 $8,635 $185,080 $37,010 $148,070
2022 $8,502 $138,470 $27,690 $110,780
2021 $8,666 $124,300 $24,860 $99,440
2020 $8,880 $116,710 $23,340 $93,370
2019 $6,526 $78,860 $15,770 $63,090
2018 $3,258 $33,380 $6,670 $26,710
2017 $2,481 $32,080 $6,410 $25,670
2016 $2,459 $31,330 $6,260 $25,070
2015 $2,360 $30,800 $6,160 $24,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5590618

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-65-016