NOT LISTED FOR SALE

Estimated Value: $362,000 - $473,000

0.71 Acre
$556,494 Price per Acre
30,928 Sq Ft Lot

Last Sold March 20, 2017

Last sale price $199,000

Est. 99% increase in value since last sale

Current estimated payment $2,480/month

4 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Hilly Lot
  • Shadow Mountain High School Rated A-
  • 0.71 Acre Lot

About This Lot

As of March 2017

Note Huge Price Reduction!!! Spectacular TOP-OF-THE-HILL luxury home site. City lights & Mountain Views! Awesome views of surrounding mountain vistas, City lights, Downtown Phoenix, golf course greens. Lot backs to HOA common area, privacy. beautiful sonoran natural desert setting.

Last Agent to Sell the Property

Doris Ong

AZ Brokerage Holdings, LLC License #SA023105000 Listed on: 02/01/2017

Last Buyer's Agent

Sheri Jackson

West USA Choice License #SA030224000

West USA Choice

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,118

Lot Details

  • 0.71 Acre Lot
  • Hilly Lot
  • Property is zoned R1-10 HL

HOA Fees

  • $180 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

  • Hidden Hills Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 214-47-848

Community Details

Overview

  • Management Trust Association, Phone Number (602) 277-7070
  • Ridge At Lookout Mountain Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,118

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Cross Street: Thunderbird and 18th Street
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv, On Site Imp Needed
  • Topography: Hillside
  • Zoning: R1-10 HL
  • Tax Year: 2016
  • Directions: North on 18th Street, to Larkspur, West through Entry Gate. Gated Luxury Community. Lot overlooks city views.
  • Horses: No
  • Lot Size Acres: 0.71
  • Road Surface Type: Asphalt
  • Subdivision Name: RIDGE AT LOOKOUT MOUNTAIN
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: City Light View(s), Mountain View(s), Gated Community, North/South Exp, Border Common Area
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 180.0
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 602-277-7070
  • HOA Transfer Fee: 400.0
  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association Name: MANAGEMENT TRUST
  • Phone: 602-277-7070
  • Association: Yes

Schools

  • Elementary School: Hidden Hills Elementary School
  • High School: Shadow Mountain High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Lot Size: 250' x 117'
  • Lot Size Sq Ft: 30947.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 214-47-848
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2118.0
  • Tax Book Number: 214.00
  • Tax Lot: 16
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Mar 9, 2017
Sold by
Bennett Matthew
Bought by
Hurtt Harold and Hurtt Lonetta
Seller's Agent
Doris Ong
AZ Brokerage Holdings, LLC
Buyer's Agent
Sheri Jackson
West USA Choice
List Price
$199,000
Sold Price
$199,000
Current Estimated Value
$395,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,111
Avg. Annual Appreciation
8.37%

Purchase Details

Listed on
Dec 8, 2010
Closed on
Aug 16, 2012
Sold by
National Bank Of Arizona
Bought by
Bennett Matthew
Seller's Agent
Mark Peterson
City to City Commercial
Buyer's Agent
Marcy Murphy
Berkshire Hathaway HomeServices Arizona Properties
List Price
$159,560
Sold Price
$120,000
Premium/Discount to List
-$39,560
-24.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%

Purchase Details

Closed on
Nov 12, 2010
Sold by
Mitzel Derek J and Mitzel Katherine A
Bought by
National Bank Of Arizona

Purchase Details

Closed on
Apr 17, 2008
Sold by
Mitzel Derek J and Mitzel Katherine A
Bought by
Mitzel Derek J and Mitzel Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2008
Sold by
D R D Properties Llc
Bought by
Mitzel Derek J and Mitzel Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2005
Sold by
Morales Rudy C and Morales Ida A
Bought by
Drd Properties Llc

Purchase Details

Closed on
Aug 15, 2003
Sold by
Morales Rudy C
Bought by
Morales Rudy C and Morales Ida A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2002
Sold by
Morales Rudy C and Morales Ida A
Bought by
Morales Rudy C and Morales Ida A

Purchase Details

Closed on
Jan 8, 2002
Sold by
Chan Eric C and Chan Pamela L
Bought by
Morales Rudy C and Morales Ida A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 1998
Sold by
Lookout Mountain Estates Llc
Bought by
Chan Eric C and Chan Pamela L
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
Hurtt Harold $199,000 Security Title Agency Inc
Bennett Matthew $120,000 First Arizona Title Agency
National Bank Of Arizona $160,000 None Available
Mitzel Derek J -- Title Services Of The Valley
Mitzel Derek J $435,000 Title Services Of The Valley
Drd Properties Llc $330,000 Grand Canyon Title Agency In
Morales Rudy C -- Chicago Title Insurance Co
Morales Rudy C -- Chicago Title Insurance Co
Morales Rudy C -- Chicago Title Insurance Co
Morales Rudy C -- --
Morales Rudy C $300,000 Lawyers Title Of Arizona Inc
Chan Eric C $159,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitzel Derek J $391,500
Previous Owner Morales Rudy C $204,500
Previous Owner Morales Rudy C $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2017 03/20/17 Sold $199,000 0.0% --
02/05/2017 02/05/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $199,000 +65.8% --
08/20/2012 08/20/12 Sold $120,000 -24.8% --
08/07/2012 08/07/12 Pending -- -- --
12/07/2010 12/07/10 For Sale $159,560 -- --
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 $2,463 $24,745 $24,745 --
2024 $2,412 $23,566 $23,566 --
2023 $2,412 $37,470 $37,470 $0
2022 $2,387 $24,990 $24,990 $0
2021 $2,394 $29,085 $29,085 $0
2020 $2,320 $32,685 $32,685 $0
2019 $2,323 $19,815 $19,815 $0
2018 $2,247 $22,965 $22,965 $0
2017 $2,154 $25,665 $25,665 $0
2016 $2,118 $21,000 $21,000 $0
2015 $2,092 $25,824 $25,824 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5554989

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-47-848