NOT LISTED FOR SALE

Estimated Value: $1,332,000 - $1,588,656

1.09 Acres
$1,346,481 Price per Acre
47,480 Sq Ft Lot

Last Sold May 10, 2013

Last sale price $126,000

Est. 1,065% increase in value since last sale

Current estimated payment $8,214/month

105 Days on Market

About This Lot

As of May 2013

Two acre plus lots. The location can't be beat. Very hard to find acre plus lots in this area. Come and build your home in the heart of Phoenix. The location is close to shopping and freeways. Don't pass up these great lot prices. The lot and land prices continue to go up in this area. Buy today before the prices go up even more.

Last Agent to Sell the Property

Richard Arambula

Russ Lyon Sotheby's International Realty License #SA021179000 Listed on: 01/24/2013

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Michael Anderson

Realty85 License #BR007606000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,300

Lot Details

  • 1.09 Acre Lot
  • 2 Lots in the community
  • Additional Parcels

Schools

  • Whispering Wind Academy Elementary School
  • Sunrise Elementary Middle School
  • Paradise Valley High School

Community Details

  • No Home Owners Association
  • Paradise Ranchitos Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 215-20-013-D

Property Details

Property Type

Land

Est. Annual Taxes

$1,300

Lot Details

0

Listing Details

  • Cross Street: 44TH ST & BELL RD.
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: RESIDENTIAL
  • Tax Year: 2011
  • Directions: East on Bell Road to 44th Street make a right (south), the two lots are the right.
  • Lot Size Acres: 1.09
  • Road Surface Type: Asphalt
  • Subdivision Name: PARADISE RANCHITOS
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Whispering Wind Academy
  • High School: Paradise Valley High School
  • Middle Or Junior School: Sunrise Elementary School

Lot Info

  • Lot Size: 163X289
  • Lot Size Sq Ft: 47327.0
  • Number Of Lots: 2
  • Additional Parcels: Yes
  • Parcel #: 215-20-013-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1300.0
  • Tax Book Number: 215.00
  • Tax Lot: 21
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2020
Sold by
Shah Simit D and Shah Ankita S
Bought by
Shah Simit Dinesh and Shah Ankita S
Current Estimated Value
$1,467,664

Purchase Details

Closed on
Mar 19, 2015
Sold by
Jama Horizona Llc
Bought by
Shah Simit D and Shah Ankita S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2013
Closed on
Jun 11, 2013
Sold by
Bzt Residential Llc
Bought by
Jama Horizons Llc
Seller's Agent
Richard Arambula
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michael Anderson
Realty85
List Price
$140,000
Sold Price
$126,000
Premium/Discount to List
-$14,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.47%
Original Mortgage
$600,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 24, 2013
Closed on
May 7, 2013
Sold by
Jama Horizons Llc
Bought by
Jama Horizons Llc
Seller's Agent
Richard Arambula
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michael Anderson
Realty85
List Price
$140,000
Sold Price
$126,000
Premium/Discount to List
-$14,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 24, 2013
Closed on
May 2, 2013
Sold by
Empire Residential Communities Fund I Ll
Bought by
Jama Horizon Llc
Seller's Agent
Richard Arambula
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michael Anderson
Realty85
List Price
$140,000
Sold Price
$126,000
Premium/Discount to List
-$14,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 24, 2013
Closed on
Mar 26, 2013
Sold by
Camelback Holdings Llc
Bought by
Empire Residential Communities Fund I Ll
Seller's Agent
Richard Arambula
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michael Anderson
Realty85
List Price
$140,000
Sold Price
$126,000
Premium/Discount to List
-$14,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 27, 2012
Closed on
Jan 14, 2013
Sold by
Vanvanmeter Mariana Van
Bought by
Empire Commercial Development Llcc
Seller's Agent
Fred Lamm
Realty Executives
Buyer's Agent
Richard Arambula
Russ Lyon Sotheby's International Realty
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Source: Public Records

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Range of Values:

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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
Shah Simit Dinesh -- None Available
Shah Simit D $650,000 Security Title Agency
Jama Horizons Llc -- None Available
Jama Horizons Llc -- None Available
Jama Horizon Llc $60,000 Fidelity National Title Agen
Bzt Residential Llc $126,000 Fidelity National Title Agen
Empire Residential Communities Fund I Ll $125,145 Fidelity Natl Title Agency I
Empire Commercial Development Llcc $125,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Simit Dinesh $801,000
Closed Shah Simit D $627,000
Closed Shah Simit D $520,000
Previous Owner Jama Horizons Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2013 05/10/13 Sold $126,000 +0.8% --
05/08/2013 05/08/13 Pending -- -- --
01/23/2013 01/23/13 Sold $125,000 -10.7% --
01/23/2013 01/23/13 For Sale $140,000 -6.7% --
10/29/2012 10/29/12 Pending -- -- --
09/27/2012 09/27/12 For Sale $150,000 -- --
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 $5,104 $57,300 -- --
2024 $4,984 $54,571 -- --
2023 $4,984 $104,120 $20,820 $83,300
2022 $4,928 $80,560 $16,110 $64,450
2021 $4,945 $68,020 $13,600 $54,420
2020 $4,773 $61,910 $12,380 $49,530
2019 $4,780 $60,750 $12,150 $48,600
2018 $4,604 $55,110 $11,020 $44,090
2017 $4,388 $52,000 $10,400 $41,600
2016 $4,305 $48,600 $9,720 $38,880
2015 $3,091 $35,950 $7,190 $28,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4879492

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-20-013F