NOT LISTED FOR SALE

Estimated Value: $3,327,000 - $3,379,000

7.64 Acres
$438,874 Price per Acre
332,798 Sq Ft Lot

Last Sold September 28, 2018

Last sale price $1,050,000

Est. 219% increase in value since last sale

Current estimated payment $18,422/month

1,701 Days on Market

Highlights

  • City Lights View
  • 7.64 Acre Lot
  • No HOA
  • Copper Ridge School Rated A

About This Lot

As of September 2018

Mountain Views. City lights. Pinnacle Peak area. Privacy abounds but close to shopping,golf, hiking and restaurants.

Last Agent to Sell the Property

L. Ruth Sewart

Russ Lyon Sotheby's International Realty License #SA546551000 Listed on: 11/04/2013

Russ Lyon Sotheby's International Realty

Co-Listed By

James Sewart

Russ Lyon Sotheby's International Realty License #SA546552000

Last Buyer's Agent

Allan Macdonald

Russ Lyon Sotheby's International Realty License #SA551170000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,108

Lot Details

  • 7.64 Acre Lot
  • Property is zoned R190

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

  • Copper Ridge Elementary School
  • Copper Ridge Middle School
  • Chaparral High School

Community Details

  • No Home Owners Association
  • Pinnacle Peak Heights Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 217-07-160

Property Details

Property Type

Land

Est. Annual Taxes

$10,108

Lot Details

0

Listing Details

  • Cross Street: Pima and Pinnacle Peak Rds.
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R190
  • Tax Year: 2013
  • Lot Size Acres: 7.64
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: lyon05
  • Co List Office Phone: 480-488-2400
  • Subdivision Name: Pinnacle Peak Heights
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: City Light View(s), Mountain View(s), North/South Exp
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Copper Ridge Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Copper Ridge Middle School

Lot Info

  • Lot Size: irregular
  • Lot Size Sq Ft: 332798.0
  • Additional Parcels: No
  • Parcel #: 217-07-160
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10108.0
  • Tax Book Number: 217.00
  • Tax Lot: 8
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2018
Sold by
Jd Horn Llc
Bought by
Sb3 Llc
Current Estimated Value
$3,353,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$959,600
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Listed on
Nov 4, 2013
Closed on
Sep 18, 2018
Sold by
Tombari Lawrence P and Tombari Cristi
Bought by
Scottsdale 7 Acres Llc
Seller's Agent
L. Ruth Sewart
Russ Lyon Sotheby's International Realty
Buyer's Agent
Allan Macdonald
Russ Lyon Sotheby's International Realty
List Price
$1,395,000
Sold Price
$1,050,000
Premium/Discount to List
-$345,000
-24.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.82%

Purchase Details

Closed on
Aug 29, 2007
Sold by
Tombari Lawrence P and Tombari Cristi
Bought by
Tombari Lawrence P and Tombari Cristi

Purchase Details

Closed on
Dec 6, 2005
Sold by
Big Mac Arizona Iii Llc
Bought by
Tombari Lawrence P

Purchase Details

Closed on
Jun 15, 2004
Sold by
Mccrary Michael C
Bought by
Big Mac Arizona Iii Llc

Purchase Details

Closed on
Apr 3, 2001
Sold by
Weiskopf Thomas D and Weiskopf Jeanne M
Bought by
Mccray Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 23, 1997
Sold by
Mathisen Dennis M
Bought by
Weiskopf Thomas D and Weiskopf Jeanne M
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
Sb3 Llc $1,335,000 Security Title Agency Inc
Scottsdale 7 Acres Llc $1,050,000 First American Title Insuran
Tombari Lawrence P -- None Available
Tombari Lawrence P $1,300,000 Transnation Title
Big Mac Arizona Iii Llc -- --
Mccray Michael $775,000 Transnation Title Insurance
Weiskopf Thomas D $400,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sb3 Llc $959,600
Previous Owner Mccray Michael $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $1,050,000 -19.2% --
01/31/2018 01/31/18 Price Changed $1,300,000 -3.7% --
10/18/2017 10/18/17 Price Changed $1,350,000 -3.2% --
11/04/2013 11/04/13 For Sale $1,395,000 -- --
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 $10,446 $147,910 $147,910 --
2024 $9,892 $140,866 $140,866 --
2023 $9,892 $150,525 $150,525 $0
2022 $9,385 $127,770 $127,770 $0
2021 $11,191 $141,720 $141,720 $0
2020 $11,094 $158,970 $158,970 $0
2019 $10,705 $167,070 $167,070 $0
2018 $10,366 $137,865 $137,865 $0
2017 $9,927 $138,225 $138,225 $0
2016 $9,735 $107,010 $107,010 $0
2015 $10,854 $119,888 $119,888 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5025160

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-07-160