NOT LISTED FOR SALE

15311 E Lotus Ln Unit 18 Fountain Hills, AZ 85268

Estimated Value: $1,300,000 - $1,382,000

0.94 Acre
$1,425,399 Price per Acre
40,946 Sq Ft Lot

Last Sold December 01, 2017

Last sale price $98,800

Est. 1,315% increase in value since last sale

Current estimated payment $7,647/month

16 Days on Market

Highlights

  • City Lights View
  • 0.94 Acre Lot
  • No HOA
  • Fountain Hills Middle School Rated A-

About This Lot

As of December 2017

Unique lot with AMAZING VIEWS! This .94 acre lot has great views of Red Mountain and even City Lights! Lots of views for you to enjoy. Backs to large wash and has elevation so very private! This lot is a must walk to see the views and potential of this lot! Bring your creative designs and build your dream home here! ***Financing is available!*** Check out the virtual tour!

Last Agent to Sell the Property

Kelly Smith

MCO Realty License #SA518096000 Listed on: 10/11/2017

Last Buyer's Agent

Dzintars Grauds

MCO Realty License #BR046636000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $938

Lot Details

  • 0.94 Acre Lot
  • Property is zoned R1-35

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

  • Mcdowell Mountain Elementary School
  • Fountain Hills Middle School
  • Fountain Hills High School

Community Details

  • No Home Owners Association
  • Boulder Point Lot 18 Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 176-16-907

Property Details

Property Type

Land

Est. Annual Taxes

$938

Lot Details

0

Listing Details

  • Cross Street: Palisades Blvd. and Thistle Dr.
  • Property Type: Land
  • Zoning: R1-35
  • Tax Year: 2017
  • Directions: Take Palisades to Thistle. Take Thistle to Lotus turn right lot on left. Look for sign.
  • Lot Size Acres: 0.94
  • Subdivision Name: Boulder Point lot 18
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: City Light View(s), Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: SRP
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: McDowell Mountain Elementary School
  • High School: Fountain Hills High School
  • Middle Or Junior School: Fountain Hills Middle School

Lot Info

  • Lot Size: irr
  • Lot Size Sq Ft: 41055.0
  • Additional Parcels: No
  • Parcel #: 176-16-907
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 938.0
  • Tax Book Number: 176.00
  • Tax Lot: 18
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
James Randall and James Jana
Bought by
James Family Trust and James
Current Estimated Value
$1,398,151

Purchase Details

Closed on
Apr 20, 2020
Sold by
Miran Saeid and Miran Vida
Bought by
James Randall and James Jana

Purchase Details

Closed on
Jan 11, 2019
Sold by
Miran Saeid
Bought by
Miran Saeid and Miran Vida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.7%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 11, 2017
Closed on
Oct 30, 2017
Sold by
Pacwest Property Management Llc
Bought by
Miran Saeid
Seller's Agent
Kelly Smith
MCO Realty
Buyer's Agent
Dzintars Grauds
MCO Realty
List Price
$98,800
Sold Price
$98,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.10%

Purchase Details

Closed on
Jan 27, 2011
Sold by
M & I Bank Fsb
Bought by
Yozamp James M

Purchase Details

Closed on
Apr 25, 2006
Sold by
Wise Tia C
Bought by
Wise Brandon and Wise Tia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,500
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 13, 2006
Sold by
Wise Brandon
Bought by
Wise Tia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,500
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 29, 2001
Sold by
Tokonoma Inc
Bought by
Burzo Gavril and Burzo Gheorghina

Purchase Details

Closed on
Dec 15, 1997
Sold by
Strub Beda B and Strub Barbara L
Bought by
Tokonoma Inc
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
James Family Trust -- None Listed On Document
James Randall -- None Listed On Document
James Randall $960,000 Old Republic Title Agency
Miran Saeid -- American Title Service Agenc
Miran Saeid $98,800 First American Title Insuran
Yozamp James M $67,500 Security Title Agency
Wise Brandon -- Security Title Agency Inc
Wise Tia C -- Security Title Agency Inc
Wise Tia C $407,400 Security Title Agency Inc
Burzo Gavril $110,000 Security Title Agency
Tokonoma Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miran Saeid $500,000
Previous Owner Wise Brandon $305,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2017 12/01/17 Sold $98,800 0.0% --
10/11/2017 10/11/17 For Sale $98,800 -- --
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 $3,082 $53,436 -- --
2024 $2,957 $50,892 -- --
2023 $2,957 $84,910 $16,980 $67,930
2022 $2,894 $69,280 $13,850 $55,430
2021 $3,146 $64,650 $12,930 $51,720
2020 $961 $19,095 $19,095 $0
2019 $978 $18,840 $18,840 $0
2018 $974 $19,395 $19,395 $0
2017 $938 $19,845 $19,845 $0
2016 $826 $18,585 $18,585 $0
2015 $916 $16,816 $16,816 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5672646

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-16-907