NOT LISTED FOR SALE

2606 W Espartero Way Unit 25 Phoenix, AZ 85086

North Gateway Neighborhood

Estimated Value: $274,000 - $524,000

0.97 Acre
$383,505 Price per Acre
42,253 Sq Ft Lot

Last Sold January 05, 2022

Last sale price $275,000

Est. 35% increase in value since last sale

Current estimated payment $2,261/month

21 Days on Market

About This Lot

As of January 2022

Beautiful hillside lot with amazing mountain views all around. Situated among custom lots and houses in the gated Estates of Tramonto. So much growth and development in this highly desirable area.. including shopping, dining, hiking trails, gyms, and easy access to I-17. Located in the award winning Deer Valley School District.

Last Agent to Sell the Property

Stacey Calvert

Fathom Realty License #BR525312000 Listed on: 11/01/2021

Fathom Realty

Last Buyer's Agent

Scott Schultz

West USA Realty License #SA651388000

West USA Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,520

Lot Details

  • 0.97 Acre Lot
  • Property is zoned R-18

HOA Fees

Schools

  • Desert Mountain Elementary
  • Sandra Day O'connor High School

Community Details

  • Tramonto Association, Phone Number (602) 957-9191
  • Tramonto Parcel E2 Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 203-25-642

Property Details

Property Type

Land

Est. Annual Taxes

$1,520

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • Cross Street: I-17 & Carefree Highway
  • Legal Info Range: 2E
  • Property Type: Land
  • Zoning: R-18
  • Tax Year: 2021
  • Directions: East on 23rd Ln, Go North (turns into Via Tramonto), enter gated area, west at end of road to sign (to be installed by Nov 10). Lot 25
  • Horses: No
  • Lot Size Acres: 0.97
  • Subdivision Name: TRAMONTO PARCEL E2
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • HOA #2 Paid Frequency: Monthly
  • Annual HOA Fees: 815.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 602-957-9191
  • HOA Transfer Fee: 400.0
  • Association #2 Fee: 136.0
  • Association Fee: 815.0
  • Association Fee Frequency: Semi-Annually
  • Association: N/A
  • Association Name: Tramonto
  • Association Phone #2: 000-0000
  • Phone: 602-957-9191
  • Association: Yes

Schools

  • Elementary School: Desert Mountain Elementary
  • High School: Sandra Day O'Connor High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Desert Mountain Elementary

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 42280.0
  • Additional Parcels: No
  • Parcel #: 203-25-642
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1520.0
  • Tax Book Number: 203.00
  • Tax Lot: 25
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Dec 27, 2021
Sold by
Quantum Resources Group Lp
Bought by
Schultz Scott and Schultz Susan
Seller's Agent
Stacey Calvert
Fathom Realty
Buyer's Agent
Scott Schultz
West USA Realty
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Current Estimated Value
$372,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,000
Avg. Annual Appreciation
8.32%
Original Mortgage
$175,000
Outstanding Balance
$164,212
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$207,788

Purchase Details

Closed on
Aug 22, 2012
Sold by
Az Homes Inc
Bought by
Quantum Resource Group Lp

Purchase Details

Closed on
Jul 19, 2012
Sold by
Lewis Silvana and Lewis Steve
Bought by
Ez Homes Inc

Purchase Details

Closed on
Nov 15, 2004
Sold by
Plavala Jason R and Plavala Lynn C
Bought by
Lewis Steve and Lewis Silvana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2004
Sold by
Tramonto Development Llc
Bought by
Plavala Jason R and Plavala Lynn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.02%
Mortgage Type
New Conventional
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
Schultz Scott $275,000 Pioneer Title Agency Inc
Quantum Resource Group Lp -- None Available
Ez Homes Inc $51,500 None Available
Lewis Steve $270,000 --
Plavala Jason R $150,000 Title Partners For Russ Lyon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Scott $175,000
Previous Owner Lewis Steve $256,500
Previous Owner Plavala Jason R $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2022 01/05/22 Sold $275,000 -6.8% --
11/22/2021 11/22/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $295,000 -- --
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 $1,557 $15,381 $15,381 --
2024 $1,532 $14,648 $14,648 --
2023 $1,532 $30,945 $30,945 $0
2022 $1,481 $22,020 $22,020 $0
2021 $1,520 $24,960 $24,960 $0
2020 $1,494 $23,880 $23,880 $0
2019 $1,451 $23,865 $23,865 $0
2018 $1,405 $20,760 $20,760 $0
2017 $1,359 $19,665 $19,665 $0
2016 $1,290 $18,405 $18,405 $0
2015 $1,233 $13,952 $13,952 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6315154

Arizona Regional Multiple Listing Service (ARMLS)

APN: 203-25-642