NOT LISTED FOR SALE

18115 W Palo Verde Ct Unit 16 Litchfield Park, AZ 85340

Estimated Value: $234,000 - $503,000

0.53 Acre
$642,243 Price per Acre
23,087 Sq Ft Lot

Last Sold April 30, 2024

Last sale price $350,000

Est. 3% decrease in value since last sale

Current estimated payment $1,933/month

16 Days on Market

Highlights

  • Gated Community
  • 0.53 Acre Lot
  • Level Lot
  • Canyon View High School Rated A-
  • Cul-De-Sac

About This Lot

As of April 2024

CORNER LOT IN CUL-DE-SAC FOR SALE IN POPULAR GATED CUSTOM HOME COMMUNITY OF RUSSELL RANCH!! BUILD YOUR DREAM HOME ON THIS HALF ACRE - NORTH/SOUTH FACING LOT SURROUNDED BY BEAUTIFUL CUSTOM HOMES. 35 PERCENT LOT COVERAGE. ALL UTILITIES ARE AT THE LOT. CALL TODAY FOR MORE INFORMATION!

Last Agent to Sell the Property

Brittany Martenson

My Home Group Real Estate License #SA693403000 Listed on: 03/02/2024

Last Buyer's Agent

Russell Harris

RETSY License #SA639092000

RETSY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $463

Lot Details

  • 0.53 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Property is zoned R1-18

HOA Fees

  • $93 Monthly HOA Fees

Schools

  • Scott L Libby Elementary School
  • Verrado Middle School
  • Verrado High School

Additional Features

  • North or South Exposure
  • Private Water Source

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 502-29-136

Community Details

Overview

  • Russell Ranch Association, Phone Number (623) 670-3000
  • Russell Ranch Phase 3 Replat Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$463

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Cross Street: CITRUS RD & BETHANY HOME RD
  • Legal Info Range: 2W
  • Property Type: Land
  • Topography: Level
  • Zoning: R1-18
  • Tax Year: 2023
  • Lot Size Acres: 0.53
  • Road Surface Type: Asphalt
  • Subdivision Name: RUSSELL RANCH PHASE 3 REPLAT
  • Water Source Private Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Gated Community, North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Private

Condo/Co-op/Association

  • Annual HOA Fees: 280.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 623-670-3000
  • HOA Transfer Fee: 375.0
  • Association Fee: 280.0
  • Association Fee Frequency: Quarterly
  • Association Name: RUSSELL RANCH
  • Phone: 623-670-3000
  • Association: Yes

Schools

  • Elementary School: Scott L Libby Elementary School
  • High School: Verrado High School
  • Junior High Dist: Agua Fria Union High School District
  • Middle Or Junior School: Verrado Middle School

Lot Info

  • Lot Size: 173' x 252' x 173' x 252'
  • Lot Size Sq Ft: 22900.0
  • Additional Parcels: No
  • Parcel #: 502-29-136
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 463.0
  • Tax Book Number: 502.00
  • Tax Lot: 16
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
Apr 30, 2024
Sold by
Martinez Marvin
Bought by
Harris Russell and Harris Brooke
Seller's Agent
Brittany Martenson
My Home Group Real Estate
Buyer's Agent
Russell Harris
RETSY
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%
Views
29
Current Estimated Value
$340,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,611
Avg. Annual Appreciation
-1.89%
Original Mortgage
$262,500
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 26, 2019
Closed on
Aug 31, 2020
Sold by
Martinez Nilsa
Bought by
Martinez Marvin
Seller's Agent
Michelle Mathison
My Home Group Real Estate
Buyer's Agent
Tiffany Beard
Berkshire Hathaway HomeServices Arizona Properties
List Price
$110,000
Sold Price
$120,000
Premium/Discount to List
$10,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.87%

Purchase Details

Listed on
Aug 26, 2019
Closed on
Aug 28, 2020
Sold by
Arizona Premium Development Llc
Bought by
Mrtinez Marvin
Seller's Agent
Michelle Mathison
My Home Group Real Estate
Buyer's Agent
Tiffany Beard
Berkshire Hathaway HomeServices Arizona Properties
List Price
$110,000
Sold Price
$120,000
Premium/Discount to List
$10,000
9.09%

Purchase Details

Closed on
Feb 11, 2010
Sold by
Angelovic Michael W and Angelovic Kristen M
Bought by
Arizona Premium Developments Llc

Purchase Details

Closed on
Jun 30, 2005
Sold by
Russell Ranch Llc
Bought by
Angelovic Michael W and Angelovic Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.58%
Mortgage Type
New Conventional
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
Harris Russell $350,000 Teema Title & Escrow Agency
Martinez Marvin -- Driggs Title Agency Inc
Mrtinez Marvin $120,000 Driggs Title Agency Inc
Arizona Premium Developments Llc $30,010 Security Title Agency
Angelovic Michael W $235,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Harris Russell $262,500
Previous Owner Angelovic Michael W $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $350,000 -2.8% --
03/02/2024 03/02/24 For Sale $360,000 +200.0% --
08/31/2020 08/31/20 Sold $120,000 0.0% -- View Prior Sale
11/08/2019 11/08/19 Price Changed $120,000 +9.1% --
08/26/2019 08/26/19 For Sale $110,000 -- --
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 $492 $5,051 $5,051 --
2024 $463 $4,810 $4,810 --
2023 $463 $19,020 $19,020 $0
2022 $450 $12,735 $12,735 $0
2021 $467 $11,745 $11,745 $0
2020 $456 $11,580 $11,580 $0
2019 $446 $9,210 $9,210 $0
2018 $433 $8,610 $8,610 $0
2017 $410 $8,505 $8,505 $0
2016 $369 $11,265 $11,265 $0
2015 $391 $6,736 $6,736 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6671539

Arizona Regional Multiple Listing Service (ARMLS)

APN: 502-29-136