NOT LISTED FOR SALE

Estimated Value: $1,121,000 - $1,373,000

1.36 Acres
$925,204 Price per Acre
59,242 Sq Ft Lot

Last Sold March 21, 2023

Last sale price $950,000

Est. 32% increase in value since last sale

Current estimated payment $7,236/month

53 Days on Market

Highlights

  • 1.36 Acre Lot
  • Mountain View
  • No HOA
  • Mercury Mine Elementary School Rated A

About This Lot

As of March 2023

One-of-a-kind opportunity for an end user or developer to own a truly special piece of land. 1.3 acres nestled near the Phoenix Mountain Preserve with views in all directions. The current owners planned to build their dream home complete with guest house and loads of high-end finishes but had to change their plans due to a career move. The plans are all approved for a 4000 square foot main house and 600 square foot guest house and transfer with the sale. The after-completion appraisal came in at nearly $3,000,000. Developers and want to be developers, this type of opportunity rarely comes around. Build 3 custom homes and sell them all or keep one for yourself and sell the other 2 and offset your costs. The opportunities are endless.

Last Agent to Sell the Property

Michal Castle

Real Broker License #BR114969000 Listed on: 01/12/2023

Real Broker

Co-Listed By

Michal Castle

Real Broker License #SA105294000

Last Buyer's Agent

Mark Spray

True Home Realty License #BR530618000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,284

Lot Details

  • 1.36 Acre Lot
  • Property is zoned R-10

Schools

  • Mercury Mine Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Phoenix Mountain Preserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 165-12-026-B

Property Details

Property Type

Land

Est. Annual Taxes

$6,284

Lot Details

0

Listing Details

  • Cross Street: Shea & 32nd Street
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-10
  • Tax Year: 2022
  • Directions: West on Shea to 26th Street, South to Mountain View, West to property
  • Lot Size Acres: 1.36
  • Co List Office Mls Id: REALBR006
  • Co List Office Phone: 602-818-9122
  • Subdivision Name: Phoenix Mountain Preserve
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mercury Mine Elementary School
  • High School: Shadow Mountain High School
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Lot Size: 177.19 x 337.96
  • Lot Size Sq Ft: 59416.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 165-12-026-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6284.0
  • Tax Book Number: 165.00
  • Tax Lot: -
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2025
Sold by
Carlos Frederico Rodriguez 2013 Irrevoca and Rodriguez Carlos F
Bought by
Cfr Properties Llc
Current Estimated Value
$1,258,278

Purchase Details

Closed on
Apr 11, 2025
Sold by
Carlos Frederico Rodriguez 2013 Irrevoca and Rodriguez Carlos F
Bought by
Cfr Properties Llc

Purchase Details

Listed on
Jan 12, 2023
Closed on
Mar 21, 2023
Sold by
Kim James Hyojung and Kim Charlene Sun
Bought by
Carlos Frederico Rodriguez 2013 Irrevocable T
Seller's Agent
Michal Castle
Real Broker
Buyer's Agent
Mark Spray
True Home Realty
List Price
$1,450,000
Sold Price
$950,000
Premium/Discount to List
-$500,000
-34.48%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%

Purchase Details

Closed on
Nov 8, 2021
Sold by
Westhoff James R and Westhoff Paula L
Bought by
Kim James Hyojung and Kim Charlene Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2013
Sold by
Westhoff James R
Bought by
Westhoff James R and Westhoff Paula L

Purchase Details

Closed on
May 24, 2012
Sold by
Westhoff James R and Westhoff Paula
Bought by
Westhoff James R and James R Westhoff Living Trust

Purchase Details

Closed on
Jan 21, 2011
Sold by
Westhoff James R
Bought by
Westhoff James R and Westhoff Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,565
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2007
Sold by
Westhoff James R and Westhoff Paula L
Bought by
Westhoff James R and The James R Westhoff Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 10, 2002
Sold by
Westhoff James R and Westhoff Paula
Bought by
Westhoff James R and James R Westhoff Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.09%

Purchase Details

Closed on
Aug 4, 1997
Sold by
Westhoff James R
Bought by
The James R Westhoff Living Trust and Westhoff James R
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
Cfr Properties Llc -- None Listed On Document
Cfr Properties Llc -- None Listed On Document
Carlos Frederico Rodriguez 2013 Irrevocable T $950,000 American Title Service Agency
Kim James Hyojung $1,150,000 Premier Title Agency
Westhoff James R -- None Available
Westhoff James R -- None Available
Westhoff James R -- Security Title Agency
Westhoff James R -- Great American Title Agency
Westhoff James R -- Great American Title Agency
Westhoff James R -- Chicago Title Insurance Co
Westhoff James R -- Chicago Title Insurance Co
The James R Westhoff Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim James Hyojung $920,000
Previous Owner Westhoff James R $370,565
Previous Owner Westhoff James R $380,000
Previous Owner Westhoff James R $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $950,000 -24.0% --
03/05/2023 03/05/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $1,250,000 -13.8% --
01/11/2023 01/11/23 For Sale $1,450,000 -- --
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 $7,103 $71,357 -- --
2024 $6,954 $52,494 -- --
2023 $6,954 $87,710 $17,540 $70,170
2022 $6,284 $66,460 $13,290 $53,170
2021 $6,305 $59,670 $11,930 $47,740
2020 $6,091 $55,910 $11,180 $44,730
2019 $6,110 $53,330 $10,660 $42,670
2018 $5,946 $52,420 $10,480 $41,940
2017 $5,674 $53,600 $10,720 $42,880
2016 $5,570 $46,770 $9,350 $37,420
2015 $5,113 $44,250 $8,850 $35,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6506355

Arizona Regional Multiple Listing Service (ARMLS)

APN: 165-12-026B