NOT LISTED FOR SALE

Estimated Value: $417,837 - $597,000

0.15 Acre
$3,228,527 Price per Acre
20,723 Sq Ft Lot

Last Sold October 08, 2018

Last sale price $300,000

Est. 61% increase in value since last sale

Current estimated payment $2,650/month

88 Days on Market

About This Lot

As of October 2018

INVESTMENT OPPORTUNITY!! Prime 85008 LOCATION zoned for MULTIFAMILY!! This lot is located just outside of South Scottsdale, minutes from OLD TOWN, Tempe College Campus, hiking trails, golf and TONS of night life/shopping and would be the perfect opportunity to build multi housing investment property with substantial income potential!

Last Agent to Sell the Property

Kristan Cole

Keller Williams Southern AZ License #BR657585000 Listed on: 06/02/2018

Keller Williams Southern AZ

Co-Listed By

Archie Dean

Keller Williams Arizona Realty License #BR658460000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $172

Lot Details

  • 20,723 Sq Ft Lot
  • Additional Parcels
  • Property is zoned R3

Community Details

  • No Home Owners Association
  • Orangedale Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 126-20-002

Property Details

Property Type

Land

Est. Annual Taxes

$172

Lot Details

0

Listing Details

  • Cross Street: 52ND ST AND MCDOWELL
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R3
  • Tax Year: 2017
  • Directions: EAST ON MCDOWELL TO 52ND ST., TURN LEFT ON 52ND ST., PROPERTY IS ON THE LEFT.
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: kwaz10
  • Co List Office Phone: 480-767-3000
  • Subdivision Name: ORANGEDALE ESTATES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 70.25X93.91 64.36X119.97
  • Lot Size Sq Ft: 20723.0
  • Additional Parcels: Yes
  • Parcel #: 126-20-002
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 172.0
  • Tax Book Number: 126.00
  • Tax Lot: -
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2019
Sold by
Flores Carol
Bought by
Macgregor Jason
Current Estimated Value
$484,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Outstanding Balance
$215,947
Interest Rate
7.43%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$191,788
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
Macgregor Jason $290,000 True North Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macgregor Jason $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2018 10/08/18 Sold $300,000 -13.0% --
08/26/2018 08/26/18 Pending -- -- --
07/31/2018 07/31/18 Price Changed $345,000 -5.5% --
06/30/2018 06/30/18 Price Changed $365,000 -7.6% --
05/30/2018 05/30/18 For Sale $395,000 -- --
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 $201 $1,915 $1,915 --
2024 $199 $1,824 $1,824 --
2023 $199 $3,480 $3,480 $0
2022 $191 $2,410 $2,410 $0
2021 $197 $2,150 $2,150 $0
2020 $193 $2,240 $2,240 $0
2019 $193 $1,860 $1,860 $0
2018 $180 $1,730 $1,730 $0
2017 $172 $1,630 $1,630 $0
2016 $169 $1,560 $1,560 $0
2015 $159 $1,600 $1,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5774531

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-20-002