NOT LISTED FOR SALE

Estimated Value: $2,550,000 - $3,035,849

3.94 Acres
$697,618 Price per Acre
171,626 Sq Ft Lot

Last Sold November 23, 2020

Last sale price $2,200,000

Est. 17% increase in value since last sale

Current estimated payment $14,704/month

1 Day on Market

Highlights

  • Gated Community
  • City Lights View
  • Gentle Sloping Lot
  • Sonoran Trails Middle School Rated A-
  • 3.94 Acre Lot

About This Lot

As of November 2020

Lots 1 and 2 in Esperanza Estates total 8.04 acres and Boast Unimpeded City Lights and Spectacular Sunsets as the featured views of this 360 degree view homesite. When combined, the envelope is a massive 157,000 sf, offering ample space for nearly any estate configuration and solar orientation. Esperanza Estates at Pinnacle Peak is a 79 acre gated community featuring 17 multi acre Lots ranging from 3.9 Acres to 5.1 acres with building envelopes from 76,000 to 105,000 sf. Esperanza Estates Borders Estancia Golf Course (Holes 4 & 5) and the 150 Acre Pinnacle Peak Park to the East. As of May 1, 2018 there are 7 remaining lots priced from $900K to $2.2 million

Last Agent to Sell the Property

Dave Patterson

Berkshire Hathaway HomeServices Arizona Properties License #BR008640000 Listed on: 11/18/2020

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Libby Cohen

RETSY License #SA572812000

RETSY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,392

Lot Details

  • 3.94 Acre Lot
  • Gentle Sloping Lot
  • 2 Lots in the community
  • Property is zoned R-190

HOA Fees

  • $260 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

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

Listing and Financial Details

  • Tax Lot 1&2
  • Assessor Parcel Number 216-85-057

Community Details

Overview

  • Esperanza HOA, Phone Number (248) 505-3805
  • Esperanza Estates At Pinnacle Peak Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,392

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: Gentle Sloping
  • Zoning: R-190
  • Tax Year: 2020
  • Directions: Pima Road to Jomax Road, East on Jomax Road to end which is entrance to Esperanza
  • Horses: No
  • Lot Size Acres: 3.94
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: ESPERANZA ESTATES AT PINNACLE PEAK
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Dual Street Ftg, City Light View(s), Mountain View(s), Gated Community, North/South Exp
  • Disclosures: Seller Prop Disc Stm, Boundary Survey Avlb
  • 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: 248-505-3805
  • Association Fee: 3120.0
  • Association Fee Frequency: Annually
  • Association Name: Esperanza HOA
  • Phone: 248-505-3805
  • 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: 171603.0
  • Number Of Lots: 2
  • Additional Parcels: No
  • Parcel #: 216-85-057
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5392.0
  • Tax Book Number: 216.00
  • Tax Lot: 1&2
  • Tax Map Number: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2023
Sold by
Coleman-Solbraekke Community Property Tr
Bought by
Jason Kimbrell Separate Property Trust and Kimbrell
Current Estimated Value
$2,567,034

Purchase Details

Listed on
Nov 18, 2020
Closed on
Nov 20, 2020
Sold by
Woodside One Llc
Bought by
Coleman Lewis W and Solbraekke Anne
Seller's Agent
Dave Patterson
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Libby Cohen
RETSY
List Price
$2,200,000
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%

Purchase Details

Closed on
Dec 29, 2017
Sold by
Futuro D Esperanza Llc
Bought by
Woodside One 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
Jason Kimbrell Separate Property Trust $2,900,000 Fidelity National Title Agency
Coleman Lewis W $2,200,000 Fidelity Natl Ttl Agcy Inc
Woodside One Llc $925,000 First American Title Insuran
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $2,200,000 0.0% --
11/18/2020 11/18/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $2,200,000 -- --
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 $5,487 $99,630 $99,630 --
2024 $5,248 $94,886 $94,886 --
2023 $5,248 $131,265 $131,265 $0
2022 $5,056 $114,450 $114,450 $0
2021 $5,489 $113,025 $113,025 $0
2020 $5,392 $107,520 $107,520 $0
2019 $5,230 $111,735 $111,735 $0
2018 $5,087 $106,440 $106,440 $0
2017 $4,899 $114,525 $114,525 $0
2016 $4,877 $129,900 $129,900 $0
2015 $4,920 $85,388 $85,388 $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: 6161886

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-85-057