NOT LISTED FOR SALE

2424 W Praiano Way Unit 20 Phoenix, AZ 85086

North Gateway Neighborhood

Estimated Value: $223,000 - $776,000

1.08 Acres
$394,877 Price per Acre
47,045 Sq Ft Lot

Last Sold April 29, 2019

Last sale price $150,000

Est. 184% increase in value since last sale

Current estimated payment $2,569/month

181 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • 1.08 Acre Lot
  • Sunset Ridge Elementary School Rated A-

About This Lot

As of April 2019

Hillside Lot, a RARE OPPORTUNITY, unobstructed views, limited hillside lots in Phoenix at this value. Lot 20 is a one acre lot in the gated Estates of Tramonto / Ponticello. This lot has wonderful NORTH facing day and night views overlooking the open space of the Sonora Preserve & nestled in the mountains. Access to Ponticello is by a private bridge (see video Doc. tab), Ponticello is a 24 lot exclusive subdivision that gives you the feeling of being out of town yet 1 mile away from major shopping & 2 miles from I-17. All utilities are underground & 4 NEWLY built homes close to completion. Tramonto Community offers pool, spa, tennis, volleyball, playground, biking & walking. Buy & hold or Build a new high tech home with a negative edge pool. See Doc. See Tab for more details. Please consider using Ruth Abrahm at First American Title 480-575-6609 See docs tab for floor plans and details

Last Agent to Sell the Property

Alan Thome

HomeSmart License #BR003686000 Listed on: 09/14/2018

HomeSmart

Last Buyer's Agent

Elissa Woolf-Langenfeld

Paramount Ventures Realty Group License #SA647684000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,712

Lot Details

  • 1.08 Acre Lot
  • Property is zoned RE-35

HOA Fees

  • $158 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

  • Sunset Ridge Elementary - Phoenix
  • Boulder Creek High School

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 203-25-697

Community Details

Overview

  • Aam Property Managem Association, Phone Number (602) 957-9191
  • Tramonto Parcel E1 Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,712

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Cross Street: Carefree and 27th Ave.
  • Legal Info Range: 2E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv, On Site Imp Cmplete
  • Zoning: RE-35
  • Tax Year: 2017
  • Directions: Travel North on 27th Ave. from the Carefree Highway, street will curve to N Via Tramonto, travel north again to the ENTRY gate. Go over the private bridge then turn right, sign on left & lot number.
  • Lot Size Acres: 1.08
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: TRAMONTO PARCEL E1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Lot Features: See Remarks, Other, City Light View(s), Mountain View(s), Gated Community, North/South Exp, Adjacent to Wash
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

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

Condo/Co-op/Association

  • Association Info Assessed Balance: 7500.0
  • Annual HOA Fees: 949.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 602-957-9191
  • HOA Transfer Fee: 400.0
  • Association Fee: 949.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: AAM Property Managem
  • 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: Irregular
  • Lot Size Sq Ft: 47257.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 203-25-697
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1712.0
  • Tax Book Number: 203.00
  • Tax Lot: 20
  • Tax Map Number: 25.00
  • Tax Other Annual Assessment Amount: 7500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Apr 18, 2019
Sold by
Lookout Hill Llc
Bought by
The Michael And Cindy Farrage Trust
Seller's Agent
Alan Thome
HomeSmart
Buyer's Agent
Elissa Woolf-Langenfeld
Paramount Ventures Realty Group
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Current Estimated Value
$426,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,467
Avg. Annual Appreciation
17.50%

Purchase Details

Closed on
May 17, 2012
Sold by
Mortgage Equities Xiii Llc
Bought by
Rockport Holdings Llc

Purchase Details

Closed on
May 21, 2008
Sold by
Ponticello Llc
Bought by
Mortgage Equities Xiii Llc
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
The Michael And Cindy Farrage Trust $150,000 First American Title Ins Co
Rockport Holdings Llc $819,000 Security Title Agency
Mortgage Equities Xiii Llc $7,710,389 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2019 04/29/19 Sold $150,000 -3.2% --
03/13/2019 03/13/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $155,000 0.0% --
03/04/2019 03/04/19 Price Changed $155,000 +3.3% --
02/28/2019 02/28/19 Off Market $150,000 -- --
09/13/2018 09/13/18 For Sale $150,000 -- --
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 $1,881 $18,580 $18,580 --
2024 $1,851 $17,695 $17,695 --
2023 $1,851 $23,040 $23,040 $0
2022 $1,789 $16,050 $16,050 $0
2021 $1,915 $16,485 $16,485 $0
2020 $1,882 $15,525 $15,525 $0
2019 $1,827 $17,100 $17,100 $0
2018 $1,770 $16,785 $16,785 $0
2017 $1,712 $16,305 $16,305 $0
2016 $1,625 $15,540 $15,540 $0
2015 $1,553 $12,686 $12,686 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Alan Thome

    HomeSmart

    (480) 390-9990

    6 Total Sales

    Alan Thome
    Section Image
  • Elissa Woolf-Langenfeld

    Buyer's Agent in 2019

    Elissa Woolf-Langenfeld

    Paramount Ventures Realty Group

    (480) 299-9911

    6 Total Sales

    Elissa Woolf-Langenfeld
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5819950

Arizona Regional Multiple Listing Service (ARMLS)

APN: 203-25-697

Arizona Maricopa County Phoenix 85086 North Gateway

2424 W Praiano Way Unit 20, Phoenix, AZ

This home is located at 2424 W Praiano Way Unit 20, Phoenix, AZ 85086 since 14 September 2018 and is currently estimated at $426,467. 2424 W Praiano Way Unit 20 is a home located in Maricopa County with nearby schools including Sunset Ridge Elementary School, Boulder Creek High School, and Ridgeline Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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