NOT LISTED FOR SALE

2423 W Espartero Way Unit 11 Phoenix, AZ 85086

North Gateway Neighborhood

Estimated Value: $1,061,000 - $1,509,000

0.52 Acre
$2,423,077 Price per Acre
22,651 Sq Ft Lot

Last Sold December 16, 2014

Last sale price $158,000

Est. 697% increase in value since last sale

Current estimated payment $7,231/month

227 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Cul-De-Sac
  • Sunset Ridge Elementary School Rated A-
  • 0.52 Acre Lot

About This Lot

As of December 2014

Beautiful vistas and mountain views! Build your dream home here! Over half an acre of unspoiled low desert on interior cul-de-sac lot with views of Sonoran Preserve of more than 9000 acres all around. Utilities all to the lot help reduce development fees. HOA fees have been stable over the last several years. Property corners are staked and plot map is in documents section. Call lister with questions.

Last Agent to Sell the Property

Julie Grahmann

RE/MAX Excalibur License #BR008595000 Listed on: 04/14/2014

RE/MAX Excalibur

Last Buyer's Agent

Julie Grahmann

RE/MAX Anasazi

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $996

Lot Details

  • 0.52 Acre Lot
  • Cul-De-Sac
  • Property is zoned R-43Ag

HOA Fees

  • $131 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Sunset Ridge Elementary - Phoenix
  • Boulder Creek High School

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 203-25-528

Community Details

Overview

  • Tramonto Master Asso Association, Phone Number (602) 957-9191
  • Tramonto Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$996

Lot Details

0

HOA Fees

$131 per month

Listing Details

  • Cross Street: Carefree Highway & 23rd Lane
  • Legal Info Range: 2E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv, On Site Imp Cmplete
  • Zoning: R-43Ag
  • Tax Year: 2013
  • Directions: East on Carefree Highway to 23rd Lane. Turn left on 23rd Lane, then right again to stay on 23rd Lane.
  • Lot Size Acres: 0.52
  • Road Surface Type: Asphalt, Private Street, Curb(s) & Gutter(s)
  • Subdivision Name: Tramonto
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, City Light View(s), Mountain View(s), Gated Community
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS, City Electric
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 784.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 602-957-9191
  • HOA Transfer Fee: 400.0
  • Association Fee: 784.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Tramonto Master Asso
  • Phone: 602-957-9191
  • Association: Yes

Schools

  • Elementary School: Sunset Ridge Elementary - Phoenix
  • High School: Boulder Creek High School
  • Middle Or Junior School: Sunset Ridge Elementary - Phoenix

Lot Info

  • Lot Size: 151.95 x 148
  • Lot Size Sq Ft: 22489.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 203-25-528
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 995.66
  • Tax Book Number: 203.00
  • Tax Lot: 11
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2014
Closed on
Dec 9, 2014
Sold by
Gates Alan F and Gates Linda M
Bought by
Jones Matthew W and Jones Dana L
Seller's Agent
Julie Grahmann
RE/MAX Excalibur
Buyer's Agent
Julie Grahmann
RE/MAX Excalibur
List Price
$175,000
Sold Price
$158,000
Premium/Discount to List
-$17,000
-9.71%
Current Estimated Value
$1,260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,102,000
Avg. Annual Appreciation
21.09%
Original Mortgage
$118,500
Outstanding Balance
$90,871
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,169,129

Purchase Details

Closed on
Mar 10, 2004
Sold by
Lyon James D and Voorhees James R
Bought by
Gates Alan F and Gates Linda M

Purchase Details

Closed on
Jan 9, 2004
Sold by
Tramonto Development Llc
Bought by
Lyon James D

Purchase Details

Closed on
Jan 5, 2004
Sold by
Voorhees Janisee
Bought by
Voorhees Jim D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jones Matthew W $158,000 Chicago Title Agency
Gates Alan F $195,000 Title Partners For Russ Lyon
Lyon James D $165,000 Title Partners For Russ Lyon
Voorhees Jim D -- Title Partners For Russ Lyon
Lyon James D -- Title Partners For Russ Lyon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Matthew W $118,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2014 12/16/14 Sold $158,000 -9.7% --
11/24/2014 11/24/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $175,000 -- --
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 $5,262 $51,977 -- --
2024 $5,179 $49,502 -- --
2023 $5,179 $92,480 $18,490 $73,990
2022 $5,004 $60,310 $12,060 $48,250
2021 $5,137 $57,120 $11,420 $45,700
2020 $5,048 $55,810 $11,160 $44,650
2019 $4,903 $53,870 $10,770 $43,100
2018 $1,302 $15,990 $15,990 $0
2017 $1,260 $15,405 $15,405 $0
2016 $1,195 $19,965 $19,965 $0
2015 $1,142 $14,336 $14,336 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5100289

Arizona Regional Multiple Listing Service (ARMLS)

APN: 203-25-528