NOT LISTED FOR SALE

Estimated Value: $361,505 - $428,000

0.15 Acre
$2,615,840 Price per Acre
6,682 Sq Ft Lot

Last Sold March 13, 2015

Last sale price $33,000

Est. 1,089% increase in value since last sale

Current estimated payment $2,193/month

292 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • No HOA
  • Shadow Mountain High School Rated A-

About This Lot

As of March 2015

EXCELLENT DEVELOPMENT OPPORTUNITY ON 3 CONTIGUOUS LOTS JUST EAST OF THE POINTE HILTON RESORT/ THE PROPERTY IS GOOD FOR 3 HOMES (ONE PER LOT) OR MULTIPLE UNITS WITH VALUABLE R5 ZONING IN PLACE/ GREAT LOCATION WITH VIEWS OF NORTH MOUNTAIN & THE SURROUNDING MOUNTAINS/ PARADISE VALLEY SCHOOL DISTRICT/ CALL LISTOR WITH ANY QUESTIONS/ BUY ONE LOT OR ALL 3 FOR $ 119,700

Last Agent to Sell the Property

Brian Carola

Valley Homes and Land, Inc License #BR020109000 Listed on: 05/04/2014

Last Buyer's Agent

Lee Mashburn

Mashburn Real Estate Services License #BR008040000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $691

Lot Details

  • 6,682 Sq Ft Lot
  • Corner Lot
  • 3 Lots in the community
  • Additional Parcels
  • Property is zoned R5

Schools

  • Larkspur Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Palo Verde Hills Subdivision

Listing and Financial Details

  • Tax Lot 484
  • Assessor Parcel Number 159-23-185

Property Details

Property Type

Land

Est. Annual Taxes

$691

Lot Details

0

Listing Details

  • Cross Street: 7TH ST & PEORIA
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land, Off Site Imp Needed, On Site Imp Needed
  • Zoning: R5
  • Tax Year: 2013
  • Directions: EAST TO THE LOTS, JUST EAST OF THE POINTE HILTON RESORT
  • Lot Size Acres: 0.15
  • Subdivision Name: PALO VERDE HILLS
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Dual Street Ftg, Mountain View(s), North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Larkspur Elementary School
  • High School: Shadow Mountain High School
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Lot Size: 69X96
  • Lot Size Sq Ft: 6682.0
  • Number Of Lots: 3
  • Additional Parcels: Yes
  • Parcel #: 159-23-185
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 691.0
  • Tax Book Number: 159.00
  • Tax Lot: 484
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2017
Sold by
Habitat For Humanity Central Arizona
Bought by
Mekuria Mirinda A
Current Estimated Value
$392,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$143,895
Interest Rate
4.15%
Mortgage Type
Stand Alone First
Estimated Equity
$245,919

Purchase Details

Listed on
May 4, 2014
Closed on
Mar 10, 2015
Sold by
Pardo Mollie
Bought by
Habitat For Humanity Central Arizona
Seller's Agent
Brian Carola
Valley Homes and Land, Inc
Buyer's Agent
Lee Mashburn
Mashburn Real Estate Services
List Price
$129,900
Sold Price
$33,000
Premium/Discount to List
-$96,900
-74.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.40%

Purchase Details

Closed on
Apr 25, 2014
Sold by
Mjtj Investments Llc
Bought by
Pardo Mollie

Purchase Details

Closed on
Feb 20, 2013
Sold by
Buisker Clark D and Rapatz Brigitte R
Bought by
Mjtj Investments Llc

Purchase Details

Closed on
Mar 8, 2004
Sold by
Tres Marie Llc
Bought by
Buisker Clark D and Rapatz Brigitte R
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
Mekuria Mirinda A $185,000 Pioneer Title Agency Inc
Habitat For Humanity Central Arizona $99,000 Pioneer Title Agency Inc
Pardo Mollie -- None Available
Mjtj Investments Llc $100,000 Great American Title Agency
Buisker Clark D $90,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mekuria Mirinda A $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $33,000 -74.6% --
02/18/2015 02/18/15 Pending -- -- --
05/02/2014 05/02/14 For Sale $129,900 -- --
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 $1,446 $17,139 -- --
2024 $1,413 $16,323 -- --
2023 $1,413 $32,630 $6,520 $26,110
2022 $1,400 $25,310 $5,060 $20,250
2021 $1,423 $23,020 $4,600 $18,420
2020 $1,374 $20,920 $4,180 $16,740
2019 $1,380 $18,350 $3,670 $14,680
2018 $1,330 $6,765 $6,765 $0
2017 $709 $5,610 $5,610 $0
2016 $697 $5,250 $5,250 $0
2015 $713 $5,520 $5,520 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5110197

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-23-185