NOT LISTED FOR SALE

1731 E Las Palmaritas Dr Unit 8 Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $598,000 - $793,956

1.02 Acres
$693,126 Price per Acre
44,431 Sq Ft Lot

Last Sold January 06, 2015

Last sale price $280,000

Est. 152% increase in value since last sale

Current estimated payment $3,906/month

184 Days on Market

Highlights

  • 1.02 Acre Lot
  • Mountain View
  • No HOA
  • Mercury Mine Elementary School Rated A

About This Lot

As of January 2015

360 degree mountain views, lush desert vegetation,& privacy right in the heart of Phoenix. Nestled amongst the Mountain Preserves in a hillside area & offers incredible views in every direction. Situated on a.98 acre lot with a north/south orientation this property offers many options. The existing home could be renovated and expanded or a buyer has the option of starting over with a blank canvass. Existing pool sits to the west of the home and offers great views of the mountains and native desert beauty. Surrounded by luxury homes, this property could be developed to a greater “highest and best” use. While the setting provides a secluded feel, you are in the heart of Phoenix with great restaurants, shopping, private schools, transportation corridors, the freeway and downtown.

Last Agent to Sell the Property

Shelly Lane

Compass License #SA526973000 Listed on: 06/06/2014

Compass

Co-Listed By

Ronda Cronin

Compass License #SA041232000

Last Buyer's Agent

Mark Baer

Realty ONE Group License #SA624192000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,258

Lot Details

  • 1.02 Acre Lot
  • Property is zoned R1-6

Schools

  • Mercury Mine Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Mobile Home

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Dreamy Draw Tract Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 165-20-019

Property Details

Property Type

Land

Est. Annual Taxes

$1,258

Lot Details

0

Listing Details

  • Cross Street: 18TH ST AND NORTHERN
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R1-6
  • Tax Year: 2013
  • Lot Size Acres: 1.02
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: DREAMY DRAW TRACT
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: None
  • Other Structures: Mobile Home

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mercury Mine Elementary School
  • High School: Shadow Mountain High School
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Lot Size: 161 X 274
  • Lot Size Sq Ft: 44421.0
  • Additional Parcels: No
  • Parcel #: 165-20-019
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1258.0
  • Tax Book Number: 165.00
  • Tax Lot: 8
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2014
Closed on
Dec 9, 2014
Sold by
Kennedy Frank S
Bought by
Coury Jamil
Seller's Agent
Shelly Lane
Compass
Buyer's Agent
Mark Baer
Realty ONE Group
List Price
$339,500
Sold Price
$280,000
Premium/Discount to List
-$59,500
-17.53%
Current Estimated Value
$706,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,989
Avg. Annual Appreciation
8.74%
Original Mortgage
$266,000
Outstanding Balance
$204,054
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$502,935

Purchase Details

Closed on
Oct 30, 2003
Sold by
Degeorge Steve D and Degeorge Karen J
Bought by
Kennedy Frank S

Purchase Details

Closed on
Jun 25, 1996
Sold by
Downing John P
Bought by
Degeorge Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
8.75%
Mortgage Type
Seller Take Back
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

Date Buyer Sale Price Title Company
Coury Jamil $280,000 Chicago Title
Kennedy Frank S $120,000 First American Title Ins Co
Degeorge Steven D $135,000 Fiesta Title & Escrow Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coury Jamil $266,000
Previous Owner Degeorge Steven D $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2015 01/06/15 Sold $280,000 -17.5% --
12/06/2014 12/06/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $339,500 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,846 $21,316 -- --
2024 $1,757 $20,301 -- --
2023 $1,757 $58,610 $11,720 $46,890
2022 $1,741 $45,050 $9,010 $36,040
2021 $1,770 $39,680 $7,930 $31,750
2020 $1,709 $39,400 $7,880 $31,520
2019 $1,717 $34,980 $6,990 $27,990
2018 $1,654 $34,410 $6,880 $27,530
2017 $1,580 $26,660 $5,330 $21,330
2016 $1,555 $24,770 $4,950 $19,820
2015 $1,443 $24,720 $4,940 $19,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5126840

Arizona Regional Multiple Listing Service (ARMLS)

APN: 165-20-019