NOT LISTED FOR SALE

12930 E Cochise Rd Scottsdale, AZ 85259

Shea Corridor Neighborhood

Estimated Value: $821,692 - $1,558,000

4.75 Acres
$248,510 Price per Acre
206,910 Sq Ft Lot

Last Sold May 26, 2020

Last sale price $500,000

Est. 136% increase in value since last sale

Current estimated payment $6,845/month

248 Days on Market

Highlights

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

About This Lot

As of May 2020

This East Shea Corridor parcel is ready to subdivide into four separate lots & is ideally suited for a small charter school or an assisted living/senior living facility or medical office building. This property is minutes East of the 101, across from Basis Scottsdale School, and adjacent to a 10 (+/-) acre parcel owned by a notable local builder with plans to build more 3,600-5,200 sq. ft homes. This area is known for its opulent custom homes that continue to attract a specific clientele. The site is located +/-5 miles east of the Loop 101 with the Scottsdale Airport approx. 10 miles away. There are two immaculate golf courses, shopping, the Mayo Clinic, and Fountain Hills just minutes away. The land frontage and entrance to the cul-de-sac are along are along Cochise Road & backs to Shea.

Last Agent to Sell the Property

Neil Sherman

Sperry Commercial License #BR026438000 Listed on: 05/31/2019

Last Buyer's Agent

Neil Sherman

Sperry Commercial License #BR026438000 Listed on: 05/31/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,573

Lot Details

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

Property Views

  • City Lights
  • Mountain

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 217-31-014

Property Details

Property Type

Land

Est. Annual Taxes

$4,573

Lot Details

0

Listing Details

  • Cross Street: 130th / Shea
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: R1-43
  • Tax Year: 2018
  • Directions: East Shea Corridor - +/- 5 Miles E of the Loop 101, +/-10 miles from Scottsdale Airport, W of Fountain Hills, across from Basis Scottsdale School at the base of the south end of the McDowell Mountains
  • Lot Size Acres: 4.75
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, City Light View(s), Mountain View(s)
  • Disclosures: None, Other (See Rmks)
  • Other Structures: None

Utilities

  • Electric: Other (See Rmks)

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Anasazi Elementary
  • High School: Desert Mountain High School
  • Middle Or Junior School: Mountainside Middle School

Lot Info

  • Lot Size: 627' x 330' x 627' x 330'
  • Lot Size Sq Ft: 206910.0
  • Additional Parcels: No
  • Parcel #: 217-31-014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4573.4
  • Tax Book Number: 217.00
  • Tax Lot: -
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
E & A Construction Inc
Bought by
Safe Construction Llc
Current Estimated Value
$1,180,423

Purchase Details

Listed on
May 31, 2019
Closed on
May 22, 2020
Sold by
Azin Gregg Darius and Azi Miriam Nicole
Bought by
E & A Construciton Inc
Seller's Agent
Neil Sherman
Sperry Commercial
Buyer's Agent
Neil Sherman
Sperry Commercial
List Price
$850,000
Sold Price
$500,000
Premium/Discount to List
-$350,000
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.63%

Purchase Details

Closed on
Oct 13, 2016
Sold by
Azin Joseph
Bought by
Azin Joseph and Joseph Azin Family Trust

Purchase Details

Closed on
Jan 2, 2007
Sold by
Azin Joseph
Bought by
Azin Joseph and Joseph Azin Revocable Living Trust

Purchase Details

Closed on
Jul 25, 2000
Sold by
Board Of American Missions Of The Luther
Bought by
Azin Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.2%
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
Safe Construction Llc -- Accommodation
E & A Construciton Inc $500,000 Equity Title Agency Inc
Azin Joseph -- None Available
Azin Joseph -- None Available
Azin Joseph $325,000 Century Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Azin Joseph $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $500,000 -41.2% --
02/06/2020 02/06/20 For Sale $850,000 0.0% --
01/08/2020 01/08/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $850,000 +70.0% --
01/01/2020 01/01/20 Off Market $500,000 -- --
05/05/2019 05/05/19 For Sale $850,000 -- --
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 $4,956 $73,245 $73,245 --
2024 $4,899 $69,757 $69,757 --
2023 $4,899 $121,425 $121,425 $0
2022 $4,647 $99,390 $99,390 $0
2021 $4,938 $83,670 $83,670 $0
2020 $4,895 $81,135 $81,135 $0
2019 $4,723 $71,100 $71,100 $0
2018 $4,573 $105,660 $105,660 $0
2017 $4,380 $90,165 $90,165 $0
2016 $4,295 $57,945 $57,945 $0
2015 $4,361 $50,464 $50,464 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Neil Sherman

    Sperry Commercial

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5933530

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-31-014

Arizona Maricopa County Scottsdale 85259 Shea Corridor

12930 E Cochise Rd, Scottsdale, AZ

This home is located at 12930 E Cochise Rd, Scottsdale, AZ 85259 since 31 May 2019 and is currently estimated at $1,180,423. 12930 E Cochise Rd 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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