NOT LISTED FOR SALE

Estimated Value: $1,283,000 - $4,039,074

3.97 Acres
$688,168 Price per Acre
172,933 Sq Ft Lot

Last Sold May 11, 2020

Last sale price $1,300,000

Est. 127% increase in value since last sale

Current estimated payment $16,864/month

171 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Property is near a preserve or public land
  • Sonoran Trails Middle School Rated A-
  • 3.97 Acre Lot

About This Lot

As of May 2020

Lot 16 in Esperanza offers a spectacular elevated setting adjacent to the 150 acre Pinnacle Peak Park. This Easy Build 3.97 Acre Home Site is nestled into dramatic boulders and offers extreme privacy, great City Light and Sunset Views and Breathtaking Mountain Vistas. The large 64,393 sf building envelop provides ample room for your dream estate. 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.

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

  • $6,372

Lot Details

  • 3.97 Acre Lot
  • Property is zoned RR-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 16
  • Assessor Parcel Number 216-85-072

Community Details

Overview

  • Esperanza HOA, Phone Number (312) 925-0180
  • Esperanza Estates At Pinnacle Peak Subdivision
  • Property is near a preserve or public land

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,372

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: RR-190
  • Tax Year: 2019
  • Directions: N Pima Road to Jomax Road, East on Jomax Road to end which is Esperanza Entrance
  • Horses: No
  • Lot Size Acres: 3.97
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: ESPERANZA ESTATES AT PINNACLE PEAK
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: City Light View(s), Mountain View(s), Gated Community, North/South Exp, Borders Pres/Pub Lnd
  • 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: 172943.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 216-85-072
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6372.0
  • Tax Book Number: 216.00
  • Tax Lot: 16
  • Tax Map Number: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2020
Sold by
Futuro D Esperanza Llc
Bought by
Felix Thomas Henry and Kirby Karen Elizabeth
Current Estimated Value
$2,945,127
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
Felix Thomas Henry $2,300,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2020 05/11/20 Sold $1,300,000 -13.3% --
04/02/2020 04/02/20 For Sale $1,500,000 0.0% --
04/02/2020 04/02/20 Price Changed $1,500,000 0.0% --
03/05/2020 03/05/20 Pending -- -- --
09/16/2019 09/16/19 For Sale $1,500,000 -- --
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 $6,685 $121,377 $121,377 --
2024 $6,393 $115,597 $115,597 --
2023 $6,393 $131,655 $131,655 $0
2022 $6,159 $114,795 $114,795 $0
2021 $6,687 $113,415 $113,415 $0
2020 $6,569 $107,940 $107,940 $0
2019 $6,372 $112,185 $112,185 $0
2018 $6,197 $106,890 $106,890 $0
2017 $5,968 $114,990 $114,990 $0
2016 $5,942 $130,395 $130,395 $0
2015 $5,994 $85,765 $85,765 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5979172

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-85-072