$1,241,000
SOLD SEP 21, 2018
4.36 Acres
$284,633 Price per Acre
189,922 Sq Ft Lot

Recently Sold

19% Above List Price

4 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • 4.36 Acre Lot
  • Sonoran Trails Middle School Rated A-

About This Lot

As of November 2022

A RARE opportunity to build your dream home in this exclusive peaceful community. Prado is a private gated enclave with 18 custom residences each set on large near 5 acre lots. This site features the best panoramic views in the community ranging from unobstructed mountain views to twinkling city lights! With one of the largest building envelopes in the community, your dream can become reality! Ideally located near top rated Scottsdale Schools, the finest shopping and dining and minutes to multiple top rated-golf courses. Enjoy miles of hiking/biking trails in the various preserve areas at your doorstep. You will love easy access to all the events that happen year-round in North Scottsdale from Waste Management Phoenix Open, Barrett-Jackson and the Arabian Horse Show, this is a WIN!

Last Agent to Sell the Property

Karen Grobman

RE/MAX Fine Properties License #SA513501000 Listed on: 08/18/2018

RE/MAX Fine Properties

Last Buyer's Agent

Chris Lewis

Realty ONE Group License #SA519832000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,898

Lot Details

  • 4.36 Acre Lot
  • Property is zoned R1-190

HOA Fees

  • $283 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

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

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 217-05-271

Community Details

Overview

  • Morrison Group Association, Phone Number (602) 263-7772
  • Prado Estates Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,898

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Cross Street: Pinnacle Peak and Pima
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R1-190
  • Tax Year: 2017
  • Directions: East on Pinnacle Peak Road, North on 91st Street. Entrance to Prado is located on North side of street.
  • Horses: No
  • Lot Size Acres: 4.36
  • Subdivision Name: PRADO ESTATES
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Lot Features: Other, See Remarks, City Light View(s), Mountain View(s), Gated Community
  • Disclosures: None

Utilities

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

Condo/Co-op/Association

  • Annual HOA Fees: 3391.2
  • HOA Paid Frequency: Annually
  • HOA Telephone: 602-263-7772
  • HOA Transfer Fee: 200.0
  • Association Fee: 3391.2
  • Association Fee Frequency: Annually
  • Association Name: Morrison Group
  • Phone: 602-263-7772
  • Association: Yes

Schools

  • Elementary School: Copper Ridge Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Copper Canyon Elementary School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 190072.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 217-05-271
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4898.0
  • Tax Book Number: 217.00
  • Tax Lot: 9
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2023
Sold by
Mnb Residential Llc
Bought by
24259 N 91St Street Llc
Current Estimated Value
$2,622,787

Purchase Details

Listed on
May 4, 2021
Closed on
Nov 7, 2022
Sold by
Epi Trust
Bought by
Tk Capital Llc
Seller's Agent
Chris Lewis
Realty ONE Group
Buyer's Agent
Stephanie Thomas
Silverleaf Realty
List Price
$2,599,000
Sold Price
$2,250,000
Premium/Discount to List
-$349,000
-13.43%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%

Purchase Details

Listed on
May 4, 2021
Closed on
Nov 4, 2022
Sold by
Tk Capital Llc
Bought by
Mnb Residential Llc
Seller's Agent
Chris Lewis
Realty ONE Group
Buyer's Agent
Stephanie Thomas
Silverleaf Realty
List Price
$2,599,000
Sold Price
$2,250,000
Premium/Discount to List
-$349,000
-13.43%
Views
2

Purchase Details

Closed on
May 2, 2022
Sold by
Tk Capital Llc
Bought by
Epi Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
2%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 18, 2018
Closed on
Sep 5, 2018
Sold by
Eft Prado Llc
Bought by
Tk Capital Llc
Seller's Agent
Karen Grobman
RE/MAX Fine Properties
Buyer's Agent
Chris Lewis
Realty ONE Group
List Price
$1,040,000
Sold Price
$1,241,000
Premium/Discount to List
$201,000
19.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%

Purchase Details

Closed on
Mar 1, 2017
Sold by
Entzminger Michael S and Entzminger Kathleen M
Bought by
Eft Prado Llc

Purchase Details

Closed on
Jul 8, 2002
Sold by
Gw Prado Estates Llc
Bought by
Entzminger Michael S and Entzminger Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.71%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- Premier Title Agency
Warranty Deed -- --
Warranty Deed $2,250,000 Valleywide Title
Warranty Deed -- --
Warranty Deed $1,241,000 Valleywide Title Agency
Special Warranty Deed -- None Available
Warranty Deed $950,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $10,000,000 Credit Line Revolving
Previous Owner $1,300,000 Unknown
Previous Owner $1,300,000 Unknown
Previous Owner $840,000 Unknown
Previous Owner $190,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold $2,250,000 -13.4% --
10/04/2022 10/04/22 Pending -- -- --
05/04/2021 05/04/21 For Sale $2,599,000 +109.4% --
09/21/2018 09/21/18 Sold $1,241,000 +19.3% --
08/22/2018 08/22/18 Pending -- -- --
08/18/2018 08/18/18 For Sale $1,040,000 -- --
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 $5,486 $99,619 $99,619 --
2024 $5,247 $94,875 $94,875 --
2023 $5,247 $154,260 $154,260 $0
2022 $5,055 $111,540 $111,540 $0
2021 $5,489 $108,600 $108,600 $0
2020 $5,391 $93,975 $93,975 $0
2019 $5,230 $90,255 $90,255 $0
2018 $5,086 $88,455 $88,455 $0
2017 $4,898 $90,525 $90,525 $0
2016 $4,877 $90,825 $90,825 $0
2015 $4,919 $86,256 $86,256 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5808887

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-05-271