NOT LISTED FOR SALE

2506 W Praiano Way Unit 22 Phoenix, AZ 85086

North Gateway Neighborhood

Estimated Value: $249,044 - $696,000

1.08 Acres
$384,038 Price per Acre
47,045 Sq Ft Lot

Last Sold January 11, 2021

Last sale price $174,600

Est. 81% increase in value since last sale

Current estimated payment $2,044/month

80 Days on Market

Highlights

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

About This Lot

As of January 2021

RARE OPPORTUNITY, Outstanding views and Custom neighborhood. Lot 22 is a one acre lot in the gated Estates of Tramonto / Ponticello. This lot has wonderful NORTH facing day and night views looking directly into the open space of the Sonora Preserve & nestled in the mountains. Access to Ponticello is by a private bridge (see virtual tour below photos), this is a 24 lot exclusive subdivision that gives you the feeling of being out of town yet 1 mile away from major shopping & 1.5 miles from I-17. All utilities are underground & 5 NEWLY built homes. Tramonto Community offers pool, spa, tennis, volleyball, playground, biking & walking. Buy & hold or Build a new high tech home with a negative edge pool. A one of a kind property. Buyer is responsible to verify all info during due diligence.

Last Agent to Sell the Property

Kory Gilliland

Ironwood Fine Properties License #SA663049000 Listed on: 10/03/2020

Last Buyer's Agent

Lee Murray

Keller Williams Arizona Realty License #SA644429000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,877

Lot Details

  • 1.08 Acre Lot
  • Property is zoned R-35

HOA Fees

  • $158 Monthly HOA Fees

Schools

  • Sunset Ridge Elementary - Phoenix
  • Boulder Creek High School

Additional Features

  • Mountain Views
  • North or South Exposure

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 203-25-699

Community Details

Overview

  • Tramonto Community Association, Phone Number (602) 288-2690
  • Tramonto Parcel E1 Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,877

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Cross Street: Carefree Highway and 27th Drive
  • Legal Info Range: 2E
  • Property Type: Land
  • Development Status: Off Site Imp Complte, On Site Imp Cmplete
  • Zoning: R-35
  • Tax Year: 2020
  • Directions: I-17 and Carefree Highway – From I-10 go East to on the Carefree Highway to Via Tramonto (1.5 miles), turn North drive ¾ to a gated entrance The Estates go north over bridge to top of hill turn right
  • Attribution Contact: 623-640-7683
  • 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: Mountain View(s), Gated Community, North/South Exp
  • Disclosures: Soil Test, Seller Prop Disc Stm, Special Assmnt Dist, Subdivison Rpt Exemp
  • Other Structures: None

Utilities

  • Electric: APS
  • 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: 602.288.2690
  • HOA Transfer Fee: 400.0
  • Association Fee: 949.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Tramonto Community
  • Phone: 602-288-2690
  • 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: 47191.0
  • Additional Parcels: No
  • Parcel #: 203-25-699
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1877.0
  • Tax Book Number: 203.00
  • Tax Lot: 22
  • Tax Map Number: 25.00
  • Tax Other Annual Assessment Amount: 7500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Jan 11, 2021
Sold by
Davis Taylor and Davis Jenna
Bought by
Rte Group Llc
Seller's Agent
Kory Gilliland
Ironwood Fine Properties
Buyer's Agent
Lee Murray
Keller Williams Arizona Realty
List Price
$190,000
Sold Price
$174,600
Premium/Discount to List
-$15,400
-8.11%
Current Estimated Value
$315,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,143
Avg. Annual Appreciation
20.84%

Purchase Details

Listed on
Oct 3, 2020
Closed on
Jan 6, 2021
Sold by
Davis Taylor and Davis Janna
Bought by
Rte Group Llc
Seller's Agent
Kory Gilliland
Ironwood Fine Properties
Buyer's Agent
Lee Murray
Keller Williams Arizona Realty
List Price
$190,000
Sold Price
$174,600
Premium/Discount to List
-$15,400
-8.11%

Purchase Details

Listed on
Oct 8, 2019
Closed on
May 5, 2020
Sold by
Lookout Hill Llc
Bought by
Davis Taylor and Davis Jenna
Seller's Agent
Alan Thome
HomeSmart
Buyer's Agent
Kory Gilliland
Ironwood Fine Properties
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$132,000
Interest Rate
5%
Mortgage Type
New Conventional

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:

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
Rte Group Llc $174,600 Old Republic Title
Rte Group Llc $174,600 Old Republic Title Agency
Davis Taylor $165,000 Pioneer Title Agency Inc
Rockport Holdings Llc $819,000 Security Title Agency
Mortgage Equities Xiii Llc $7,710,389 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Taylor $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $174,600 -5.6% --
01/05/2021 01/05/21 Price Changed $185,000 0.0% --
12/21/2020 12/21/20 Pending -- -- --
11/06/2020 11/06/20 Price Changed $185,000 -2.6% --
10/02/2020 10/02/20 For Sale $190,000 +15.2% --
05/12/2020 05/12/20 Sold $165,000 -5.7% --
03/15/2020 03/15/20 Pending -- -- --
10/07/2019 10/07/19 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 $1,879 $18,563 $18,563 --
2024 $1,849 $17,679 $17,679 --
2023 $1,849 $23,700 $23,700 $0
2022 $1,787 $16,035 $16,035 $0
2021 $1,911 $16,470 $16,470 $0
2020 $1,877 $15,510 $15,510 $0
2019 $1,823 $17,085 $17,085 $0
2018 $1,766 $16,755 $16,755 $0
2017 $1,709 $16,290 $16,290 $0
2016 $1,621 $16,050 $16,050 $0
2015 $1,550 $12,658 $12,658 $0
Source: Public Records

Agents Affiliated with this Home

  • Kory Gilliland

    Seller's Agent in 2021

    Kory Gilliland

    Ironwood Fine Properties

    (602) 909-2845

    10 in this area

    47 Total Sales

    Section Image

  • L

    Buyer's Agent in 2021

    Lee Murray

    Keller Williams Arizona Realty

    Section Image

  • A

    Seller's Agent in 2020

    Alan Thome

    HomeSmart

    (480) 390-9990

    6 Total Sales

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6141371

Arizona Regional Multiple Listing Service (ARMLS)

APN: 203-25-699

Arizona Maricopa County Phoenix 85086 North Gateway

2506 W Praiano Way Unit 22, Phoenix, AZ

This home is located at 2506 W Praiano Way Unit 22, Phoenix, AZ 85086 since 03 October 2020 and is currently estimated at $414,761. 2506 W Praiano Way Unit 22 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

Nearby Homes