NOT LISTED FOR SALE

2640 E Lomas Dr Unit 5 Vail, AZ 85641

Estimated Value: $589,000 - $760,000

1.22 Acres
$560,060 Price per Acre
53,143 Sq Ft Lot

Last Sold October 04, 2019

Last sale price $45,000 $1 Per Sq Ft

Est. 1,418% increase in value since last sale

Current estimated payment $3,945/month

329 Days on Market

Highlights

  • Horse Property
  • Panoramic View
  • Level Lot
  • Sycamore Elementary School Rated A

About This Lot

As of October 2019

BEAUTIFUL PROPERTY W/ 360 MOUNTAIN VIEWS. PREDOMINANTLY FLAT PARCEL. GREAT FOR YOUR CUSTOM BUILT HOME. LUSH SURROUNDINGS AND VERY QUIET.

Last Agent to Sell the Property

Dave Sunderman

Big D Real Estate Listed on: 11/02/2018

Last Buyer's Agent

Lisa Gregory Pllc

Realty Executives Arizona Territory

Realty Executives Arizona Territory

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $495

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 219x250x226x229
  • Dirt Road
  • Level Lot
  • Property is zoned Pima County - CR1

Property Views

  • Panoramic
  • Mountain

Schools

  • Acacia Elementary School
  • Old Vail Middle School
  • Vail Dist Opt High School

Utilities

  • Natural Gas Not Available
  • Septic System

Community Details

Overview

  • New Tucson Unit No. 25 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$495

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Legal Description: New Tucson Unit 25 Block 3 Lot 5
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • F E M A Flood Zone: No
  • Fence: None
  • Road Maintenance: Owner Maintenance
  • View: Mountain(s), Panoramic

Utilities

  • Water: Water Company
  • Electric: Electric Company
  • Fire Protection: None
  • Gas Company: None
  • Sewer: Septic
  • Electric Location: Available
  • Phone Location: Unknown

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Neighborhood Features: None
  • Deed Restrictions: Yes

Lot Info

  • Property Group ID: 19990816212131825981000000
  • Horse Property: Yes - By Zoning
  • Lot Acres: 1.22
  • Lot Dimensions: 219X250X226X229
  • Lot Sq Ft: 53143.00
  • Municipality Zoning: Pima County - CR1
  • Lot Features Topography: Flat
  • Lot Sz Price Acre: 45491.80
  • Lot Sz Sold Prc Acre: 36885.25
  • Lot Unit Number: 5
  • Municipal Flood Zone: No
  • Property Use Type: Residential

Tax Info

  • Tax Code: 305-45-0390
  • Taxes: 495.00
  • Tax Year: 17

MLS Schools

  • Middle School: Old Vail
  • Elementary School: Acacia
  • High School: Vail Dist Opt
  • School District: Vail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Salazar Justina and Salazar Roberto
Bought by
Salazar Roberto
Current Estimated Value
$683,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$356,754
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$326,519

Purchase Details

Listed on
Nov 2, 2018
Closed on
Sep 27, 2019
Sold by
Hill Levi and Hill Robin
Bought by
Max Builders Llc
Seller's Agent
Dave Sunderman
Big D Real Estate
Buyer's Agent
Lisa Gregory Pllc
Realty Executives Arizona Territory
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.21%

Purchase Details

Closed on
May 11, 2001
Sold by
Allan Kenneth and Allan Pamela A
Bought by
Hill Levi and Hill Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
6.89%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salazar Roberto -- Catalina Title Agency
Salazar Roberto $500,000 Catalina Title Agency
Salazar Roberto -- Catalina Title Agency
Max Builders Llc $45,000 Signature Ttl Agcy Of Az Llc
Hill Levi $26,000 American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Roberto $400,000
Closed Salazar Roberto $400,000
Previous Owner Hill Levi $21,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $45,000 0.0% $1 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
11/02/2018 11/02/18 For Sale $45,000 -- $1 / Sq Ft
Source: MLS of Southern Arizona

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 $4,458 $38,979 -- --
2024 $4,812 $37,123 -- --
2023 $4,746 $35,355 $0 $0
2022 $4,509 $33,672 $0 $0
2021 $450 $3,000 $0 $0
2020 $435 $3,000 $0 $0
2019 $453 $3,000 $0 $0
2018 $504 $3,225 $0 $0
2017 $495 $3,225 $0 $0
2016 $529 $3,525 $0 $0
2015 $602 $4,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21829313

MLS of Southern Arizona

APN: 305-45-0390