NOT LISTED FOR SALE

Estimated Value: $1,756,118 - $2,675,000

5 Acres
$443,725 Price per Acre
219,542 Sq Ft Lot

Last Sold May 11, 2020

Last sale price $1,000,000

Est. 109% increase in value since last sale

Current estimated payment $11,864/month

537 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • 5.04 Acre Lot
  • Sonoran Trails Middle School Rated A-

About This Lot

As of May 2020

Signed ER in Place thru 9-2020 call for information.

Spectacular Easy Build 5.04 Acre City Light, Sunset, and mountain View Lot with massive 104,885 sf building envelop in prestigious Esperanza Estates at the base of Pinnacle Peak.

Esperanza Estates is a private gated subdivision with moderately sloping, large, home sites at the western base of Pinnacle Peak. Design guidelines allow tennis courts, out buildings, guest quarters, elaborate outdoor entertainment areas,and irrigated turf. Lot 17 combines great city view lights while nestled in the mountain with breathtaking mountain vistas.

Last Agent to Sell the Property

Dave Patterson

Berkshire Hathaway HomeServices Arizona Properties License #BR008640000 Listed on: 04/02/2020

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Will Foote

Russ Lyon Sotheby's International Realty License #SA561829000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,664

Lot Details

  • 5.04 Acre Lot
  • Property is zoned R-190

HOA Fees

  • $260 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 216-85-073-A

Community Details

Overview

  • Esperanza HOA, Phone Number (312) 925-0180
  • Esperanza Estates At Pinnacle Peak Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,664

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Cross Street: Pima and Jomax
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Topography: Hillside, Gentle Sloping
  • Zoning: R-190
  • Tax Year: 2016
  • Directions: Pima Road to Jomax Road, East on Jomax Road to end which is entrance to Esperanza
  • Horses: No
  • Lot Size Acres: 5.04
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: Esperanza Estates at Pinnacle Peak
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: City Light View(s), Mountain View(s), Gated Community
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 3120.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 312-925-0180
  • Association Fee: 3120.0
  • Association Fee Frequency: Annually
  • Association Name: Esperanza HOA
  • Phone: 312-925-0180
  • Association: Yes

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 220442.0
  • Additional Parcels: No
  • Parcel #: 216-85-073-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5664.0
  • Tax Book Number: 216.00
  • Tax Lot: 17
  • Tax Map Number: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2007
Sold by
Futuro Desperanza Llc
Bought by
City Of Scottsdale
Current Estimated Value
$2,086,635
Source: Public Records

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
City Of Scottsdale -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2020 05/11/20 Sold $1,000,000 -20.0% --
04/02/2020 04/02/20 For Sale $1,250,000 0.0% --
04/02/2020 04/02/20 Price Changed $1,250,000 0.0% --
03/05/2020 03/05/20 For Sale $1,250,000 +25.0% --
03/05/2020 03/05/20 Pending -- -- --
09/16/2019 09/16/19 Off Market $1,000,000 -- --
09/15/2018 09/15/18 For Sale $1,250,000 -- --
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 $6,372 $115,705 $115,705 --
2024 $6,095 $110,196 $110,196 --
2023 $6,095 $144,495 $144,495 $0
2022 $5,871 $126,075 $126,075 $0
2021 $6,375 $126,195 $126,195 $0
2020 $6,262 $121,755 $121,755 $0
2019 $6,074 $127,380 $127,380 $0
2018 $5,908 $121,650 $121,650 $0
2017 $5,689 $130,860 $130,860 $0
2016 $5,664 $146,775 $146,775 $0
2015 $5,713 $98,751 $98,751 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5820842

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-85-073A