NOT LISTED FOR SALE

2534 E Teakwood Place Unit 16 Chandler, AZ 85249

South Chandler Neighborhood

Estimated Value: $2,008,000 - $2,306,534

0.81 Acre
$2,575,474 Price per Acre
35,284 Sq Ft Lot

Last Sold October 31, 2013

Last sale price $285,000

Est. 632% increase in value since last sale

Current estimated payment $12,500/month

221 Days on Market

Highlights

  • 0.81 Acre Lot
  • Mountain View
  • Corner Lot
  • Jane D. Hull Elementary School Rated A

About This Lot

As of October 2013

FABULOUS, PRIVATE HOME SITE in the prestigious CIRCLE G RANCH community! Almost an acre corner lot! Surrounded by gorgeous custom homes. Build your dream home in this wonderful neighborhood!! Minutes from the shop/dining/entertainment at 202/Gilbert Rd (Crossroads Plaza) and freeway access. Perfect lot just waiting for your dream home!! Have a custom home contractor that can assist buyer with flat fee contracts and DIRECT pricing! Call with questions!!

Last Listed By

John Sposato

Keller Williams Realty Sonoran Living License #SA100302000 Listed on: 02/20/2013

Keller Williams Realty Sonoran Living

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,149

Year Built

  • 2016

Lot Details

  • 0.81 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Level Lot
  • Property is zoned R1

HOA Fees

  • $35 Monthly HOA Fees

Schools

  • Jane D. Hull Elementary School
  • San Tan Elementary Middle School
  • Basha High School

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • Circle G At Riggs Association, Phone Number (480) 704-2900
  • Circle G At Riggs Homestead Ranch Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 303-55-189

Property Details

Property Type

Land

Est. Annual Taxes

$2,149

Year Built

2016

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Cross Street: Gilbert Road and Chandler Heights Road
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: On Site Imp Cmplete
  • Topography: Level
  • Zoning: R1
  • Tax Year: 2012
  • Directions: Chandler Heights west to Riggs Ranch Road, South on Riggs Ranch Rd to Teakwood Place, Property on NE corner
  • Horses: No
  • Lot Size Acres: 0.81
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reex02
  • Co List Office Phone: 480-355-3500
  • Subdivision Name: Circle G at Riggs Homestead Ranch
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2016

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: SRP, Underground
  • Water Source: City Franchise, Irrigation Pipe

Condo/Co-op/Association

  • Annual HOA Fees: 104.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-704-2900
  • HOA Transfer Fee: 350.0
  • Association Fee: 104.0
  • Association Fee Frequency: Quarterly
  • Association Name: Circle G at Riggs
  • Phone: 480-704-2900
  • Association: Yes

Schools

  • Elementary School: Jane D. Hull Elementary
  • High School: Basha High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: San Tan Elementary

Lot Info

  • Lot Size: 145x240
  • Lot Size Sq Ft: 35238.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 303-55-189
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2149.0
  • Tax Book Number: 303.00
  • Tax Lot: 16
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2019
Sold by
Lewis Raymond L and Lewis Glenna J
Bought by
Raymond And Glenna Lewis Family Trust
Total Days on Market
221
Current Estimated Value
$2,086,134

Purchase Details

Listed on
Feb 20, 2013
Closed on
Oct 18, 2013
Sold by
Wicks Bradley Scott and Wicks Doreen Lynn
Bought by
Lewis Raymond L and Lewis Glenna J
Seller's Agent
John Sposato
Keller Williams Realty Sonoran Living
Buyer's Agent
Kathy Camamo
Amazing AZ Homes
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.76%

Purchase Details

Listed on
Dec 20, 2012
Closed on
Jan 18, 2013
Sold by
Ramsbacher Laurie
Bought by
Wicks Bradley Scott and Wicks Doreen Lynn
Seller's Agent
Craig Lucas
HUNT Real Estate ERA
Buyer's Agent
Sharon Coffini
Keller Williams Realty Sonoran Living
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.87%

Purchase Details

Closed on
Mar 26, 2007
Sold by
Ramsbacher Laurie
Bought by
Ramsbacher Laurie and Laurie Ramsbacher Trust

Purchase Details

Closed on
Jun 10, 2003
Sold by
Aar Arizona Empire Farms Llc
Bought by
Ramsbacher Laurie

Purchase Details

Closed on
Dec 21, 1999
Sold by
Alexander Enterprises Const & Developmen
Bought by
Rea Arcangelo and Rea Anna

Purchase Details

Closed on
Dec 7, 1999
Sold by
Circle G Property Development Llc
Bought by
Alexander Enterprises Const & Developmen

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 Buyer Sale Price Title Company
Raymond And Glenna Lewis Family Trust -- None Available
Lewis Raymond L $285,000 First American Title Ins Co
Wicks Bradley Scott $175,000 Security Title Agency
Ramsbacher Laurie -- None Available
Ramsbacher Laurie $175,000 Capital Title Agency Inc
Rea Arcangelo -- --
Alexander Enterprises Const & Developmen $83,300 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramsbacher Laurie $399,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2013 10/31/13 Sold $285,000 0.0% --
09/28/2013 09/28/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $285,000 +62.9% --
01/20/2013 01/20/13 Sold $175,000 0.0% --
01/02/2013 01/02/13 Pending -- -- --
12/18/2012 12/18/12 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 $9,456 $107,526 -- --
2024 $9,266 $102,405 -- --
2023 $9,266 $162,980 $32,590 $130,390
2022 $8,959 $129,000 $25,800 $103,200
2021 $9,195 $123,030 $24,600 $98,430
2020 $9,135 $120,500 $24,100 $96,400
2019 $8,799 $113,420 $22,680 $90,740
2018 $8,523 $104,680 $20,930 $83,750
2017 $2,694 $29,130 $29,130 $0
2016 $2,601 $27,270 $27,270 $0
2015 $2,643 $21,776 $21,776 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4892817

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-55-189