NOT LISTED FOR SALE

15225 E Riggs Rd Unit 304-85-001-C Gilbert, AZ 85298

South Chandler Neighborhood

Estimated Value: $5,537,275

8.38 Acres
$660,773 Price per Acre
365,033 Sq Ft Lot

Sale Details

Date Sold: August 30, 2019

Last sale price $3,500,000

Est. 58% increase in value since last sale

Current estimated payment $33,717 / mo

Highlights

  • Barn
  • Arena
  • No HOA
  • Charlotte Patterson Elementary School Rated A
  • 8.38 Acre Lot

About This Lot

As of August 2019

This home is located at 15225 E Riggs Rd Unit 304-85-001-C, Gilbert, AZ 85298 since 04 September 2019 and is currently priced at $5,537,275. 15225 E Riggs Rd Unit 304-85-001-C is a home located in Maricopa County with nearby schools including Charlotte Patterson Elementary School, Willie & Coy Payne Jr. High School, and Rice Elementary School.

Last Agent to Sell the Property

Jeff Dorsten

JK Realty License #SA563341000 Listed on: 09/04/2019

Last Buyer's Agent

Jason Laos

JK Realty License #SA544168000

JK Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,609

Lot Details

  • 8.38 Acre Lot
  • Property is zoned R-43

Horse Facilities and Amenities

  • Corral
  • Arena

Additional Features

  • Barn
  • Shared Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 304-85-001-C
  • Assessor Parcel Number 304-85-001-C

Property Details

Property Type

Land

Est. Annual Taxes

$5,609

Lot Details

8.38 Acres

Listing Details

  • Legal Info Range: 6E
  • Property Type: Land
  • Zoning: R-43
  • Tax Year: 2019
  • Lot Size Acres: 8.38
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 568' x 566'
  • Horse Amenities: Arena, Barn, Corral(s)
  • Lot Size Sq Ft: 365076.0
  • Additional Parcels: No
  • Parcel #: 304-85-001-C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5609.0
  • Tax Book Number: 304.00
  • Tax Lot: 304-85-001-C
  • Tax Map Number: 85.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Jul 8, 2019
Sold by
Bought by
Seller's Agent
Jeff Dorsten
JK Realty
Buyer's Agent
Jason Laos
JK Realty
List Price
$3,500,000
Sold Price
$3,500,000
Current Estimated Value
$5,537,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,037,275
Original Mortgage
$3,000,000
Interest Rate
0.038%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2016
Sold by
Bought by

Purchase Details

Closed on
Oct 6, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 1994
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,500,000 First American Title Ins Co
$2,400,000 First American Title Ins Co
-- None Available
$158,000 Trans National Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,324,190
Previous Owner $3,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $3,500,000 0.0% --
08/05/2019 08/05/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $3,500,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $39,749 $386,391
2024 $40,577 $379,491
2023 $40,577 $597,584 $454,291 $143,293
2022 $40,539 $500,098 $367,535 $132,563
2021 $5,775 $59,810 $11,960 $47,850
2020 $5,681 $49,810 $9,960 $39,850
2019 $5,609 $47,810 $9,560 $38,250
2018 $5,360 $50,310 $10,060 $40,250
2017 $4,542 $38,460 $7,690 $30,770
2016 $3,149 $38,630 $7,720 $30,910
2015 $4,073 $35,760 $7,150 $28,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5973788

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-85-001C

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