NOT LISTED FOR SALE

2527 W Praiano Way Unit 3 Phoenix, AZ 85086

North Gateway Neighborhood

Estimated Value: $357,000 - $893,000

1.42 Acres
$381,633 Price per Acre
61,855 Sq Ft Lot

Last Sold February 22, 2022

Last sale price $375,000

Est. 5% increase in value since last sale

Current estimated payment $2,417/month

35 Days on Market

Highlights

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

About This Lot

As of February 2022

Spectacular city light and mountain views give you the opportunity to build the custom home of your dreams in this gated custom neighborhood in North Phoenix. This lot is located inside of the highly sought after master planned community ''Tramonto'' backing to pristine Sonoran desert mountain preserves. Tramonto is packed with amentities like Tennis courts, community pool and spa, biking/walking paths and playgrounds all found within Tramonto. Water, gas, electricity and sewer are all available to this lot.

Last Agent to Sell the Property

Annie Cole

RE/MAX Fine Properties License #SA531848000 Listed on: 12/16/2021

Last Buyer's Agent

Laviniu Matis

Realty ONE Group License #SA699424000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,930

Lot Details

  • 1.42 Acre Lot
  • Property is zoned RE-35

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

  • Sunset Ridge Elementary - Phoenix
  • Boulder Creek Elementary School - Phoenix High School

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 203-25-680

Community Details

Overview

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

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,930

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Cross Street: I17 and Carefree Hwy
  • Legal Info Range: 2E
  • Property Type: Land
  • Zoning: RE-35
  • Tax Year: 2021
  • Directions: I17 and Carefree Hwy Directions: East on Carefree Hwy to Via Tramonto, North to gated entrance, go through gates, across bridge and up to Praiano Way, go west to the propterty
  • Lot Size Acres: 1.42
  • 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: 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
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association Info Assessed Balance: 10000.0
  • Annual HOA Fees: 300.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 602-957-9191
  • HOA Transfer Fee: 400.0
  • Association Fee: 300.0
  • Association Fee Frequency: Quarterly
  • Association Name: Tramonto
  • Phone: 602-957-9191
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 61731.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 203-25-680
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1930.0
  • Tax Book Number: 203.00
  • Tax Lot: 3
  • Tax Map Number: 25.00
  • Tax Other Annual Assessment Amount: 10000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2024
Sold by
Groza Marius
Bought by
Groza Buda Revocable Trust and Groza
Current Estimated Value
$392,889

Purchase Details

Listed on
Dec 16, 2021
Closed on
Feb 18, 2022
Sold by
Duggan and Jayna
Bought by
Groza Marius
Seller's Agent
Annie Cole
RE/MAX Fine Properties
Buyer's Agent
Laviniu Matis
Realty ONE Group
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%

Purchase Details

Listed on
Mar 13, 2018
Closed on
May 11, 2018
Sold by
Iron Mountain Holdings
Bought by
Duggan Jerry and Duggan Jayna
Seller's Agent
Roger Lewis
Realty ONE Group
Buyer's Agent
Annie Cole
Compass
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.93%

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
Groza Buda Revocable Trust -- None Listed On Document
Groza Marius $375,000 Magnus Title
Duggan Jerry $150,000 First American Title Insuran
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 Mortgage Equities Xiii Llc $50,000
Previous Owner Ponticello Llc $7,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $375,000 -2.6% --
12/15/2021 12/15/21 For Sale $385,000 +156.7% --
06/04/2018 06/04/18 Sold $150,000 0.0% --
05/08/2018 05/08/18 Pending -- -- --
03/13/2018 03/13/18 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 $1,976 $19,523 $19,523 --
2024 $1,945 $18,593 $18,593 --
2023 $1,945 $26,520 $26,520 $0
2022 $1,880 $19,440 $19,440 $0
2021 $1,930 $20,115 $20,115 $0
2020 $1,896 $18,870 $18,870 $0
2019 $1,841 $21,390 $21,390 $0
2018 $1,783 $21,315 $21,315 $0
2017 $1,726 $20,385 $20,385 $0
2016 $1,637 $14,790 $14,790 $0
2015 $1,565 $12,784 $12,784 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6332393

Arizona Regional Multiple Listing Service (ARMLS)

APN: 203-25-680