NOT LISTED FOR SALE

12903 E Cochise Rd Unit 15 Scottsdale, AZ 85259

Shea Corridor Neighborhood

Estimated Value: $2,364,000 - $3,076,110

1.16 Acres
$2,342,912 Price per Acre
50,530 Sq Ft Lot

Last Sold January 11, 2018

Last sale price $356,500

Est. 662% increase in value since last sale

Current estimated payment $15,461/month

1 Day on Market

Highlights

  • 1.16 Acre Lot
  • Mountain View
  • No HOA
  • Laguna Elementary School Rated A

About This Lot

As of January 2018

Here I sit, a plot of land located in the Shea Corridor with great mountain views, waiting for the opportunity to have a custom home built on me. In fact, I'm already surrounded by custom-built, million dollar, luxury homes and I just feel so left out. Listen, I'm a very level canvas at just over an acre in size. I don't need to connect with the city sewer and that means I can have a septic system. About 25% of my entire one-acre-plus must be dedicated to Natural Area Open Space (NAOS). And let me tell you, where I am located is phenomenal. Local shopping and restaurants are mere minutes away; the Loop 101 Freeway is just 5 miles out; and Mayo Clinic is literally within walking distance--I am quite the attractive catch if I do say so myself.

Last Agent to Sell the Property

Jake Edwards

Mountain & Desert Properties, LLC License #BR641289000 Listed on: 11/15/2017

Last Buyer's Agent

Dina De Acetis-Francis

HomeSmart License #SA020639000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,101

Lot Details

  • 1.16 Acre Lot
  • Property is zoned R1-43 ESL

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 217-31-018-G

Property Details

Property Type

Land

Est. Annual Taxes

$2,101

Lot Details

0

Listing Details

  • Cross Street: Shea Blvd & 130th St
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R1-43 ESL
  • Tax Year: 2017
  • Directions: South on 130th Street. West on Cochise Rd. Fourth Parcel in from 130th Street on south side of Cochise Rd.
  • Lot Size Acres: 1.16
  • Road Surface Type: Gravel, Dirt, Dedicated Street
  • Subdivision Name: Metes & Bounds
  • Tax Parcel Letter: G
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • 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 Elementary
  • Middle Or Junior School: Mountain View Elementary School

Lot Info

  • Lot Size: 305 x 165
  • Lot Size Sq Ft: 50448.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 217-31-018-G
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2101.0
  • Tax Book Number: 217.00
  • Tax Lot: 15
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2017
Closed on
Nov 22, 2017
Sold by
Mergens Pamela A
Bought by
Ronning Clifford J and Ronning Ivana
Seller's Agent
Jake Edwards
Mountain & Desert Properties, LLC
Buyer's Agent
Dina De Acetis-Francis
HomeSmart
List Price
$370,000
Sold Price
$356,500
Premium/Discount to List
-$13,500
-3.65%
Current Estimated Value
$2,717,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,361,278
Avg. Annual Appreciation
30.50%

Purchase Details

Listed on
Oct 17, 2011
Closed on
May 9, 2012
Sold by
Kalamchi Sabah
Bought by
Mergens Pamela A
Seller's Agent
Janis O'Carroll: Master Negotiator
Elite Partners
Buyer's Agent
Jim Steimer
Fathom Realty Elite
List Price
$199,500
Sold Price
$199,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%

Purchase Details

Closed on
May 28, 2004
Sold by
Houdson Linda L and Schmidt Hudson Linda L
Bought by
Hudson Charles D and Hudson Linda L

Purchase Details

Closed on
Aug 31, 1998
Sold by
Durso Maria A
Bought by
Kalamchi Sabah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.89%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Ronning Clifford J $356,500 Lawyers Title Of Arizona Inc
Mergens Pamela A $199,500 Fidelity National Title Agen
Hudson Charles D -- --
Kalamchi Sabah $100,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ronning Clifford J $700,000
Previous Owner Kalamchi Sabah $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2018 01/11/18 Sold $356,500 -3.6% --
11/15/2017 11/15/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $370,000 +85.5% --
05/10/2012 05/10/12 Sold $199,500 0.0% $4 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
10/17/2011 10/17/11 For Sale $199,500 -- $4 / 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 $7,833 $115,774 -- --
2024 $7,743 $110,261 -- --
2023 $7,743 $192,600 $38,520 $154,080
2022 $7,346 $144,570 $28,910 $115,660
2021 $7,805 $140,070 $28,010 $112,060
2020 $2,348 $43,275 $43,275 $0
2019 $2,266 $35,955 $35,955 $0
2018 $2,194 $46,620 $46,620 $0
2017 $2,101 $40,050 $40,050 $0
2016 $2,060 $25,485 $25,485 $0
2015 $2,092 $25,632 $25,632 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jake Edwards

    Mountain & Desert Properties, LLC

    (480) 488-9974

    2 Total Sales

    Jake Edwards
    Section Image

  • D

    Buyer's Agent in 2018

    Dina De Acetis-Francis

    HomeSmart

    (480) 221-2400

    4 in this area

    21 Total Sales

    Dina De Acetis-Francis
    Section Image

  • J

    Seller's Agent in 2012

    Janis O'Carroll: Master Negotiator

    Elite Partners

    Section Image
  • Sean O'Carroll

    Seller Co-Listing Agent in 2012

    Sean O'Carroll

    Citiea

    (602) 370-0321

    8 in this area

    245 Total Sales

    Sean O'Carroll
    Section Image
  • Jim Steimer

    Buyer's Agent in 2012

    Jim Steimer

    Fathom Realty Elite

    (602) 430-8666

    9 in this area

    105 Total Sales

    Jim Steimer
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5687962

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-31-018G

Arizona Maricopa County Scottsdale 85259 Shea Corridor

12903 E Cochise Rd Unit 15, Scottsdale, AZ

This home is located at 12903 E Cochise Rd Unit 15, Scottsdale, AZ 85259 since 15 November 2017 and is currently estimated at $2,717,778. 12903 E Cochise Rd Unit 15 is a home located in Maricopa County with nearby schools including Laguna Elementary School, Mountainside Middle School, and Desert Mountain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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