NOT LISTED FOR SALE

Estimated Value: $5,726,000 - $6,453,699

4.03 Acres
$1,511,129 Price per Acre
175,547 Sq Ft Lot

Last Sold January 08, 2020

Last sale price $950,000

Est. 510% increase in value since last sale

Current estimated payment $33,474/month

Highlights

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

About This Lot

As of January 2020

Spectacular Easy Build 4.03 Acre City Light and Sunset View Lot with massive 79,550 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 3 is one of the best City Light and Sunset Lots in Esperanza.

Last Agent to Sell the Property

Dave Patterson

Berkshire Hathaway HomeServices Arizona Properties License #BR008640000 Listed on: 12/31/2019

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Stewart Walowitz

eXp Realty License #SA537039000

eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,030

Lot Details

  • 4.03 Acre Lot
  • 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 3
  • Assessor Parcel Number 216-85-059

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

$5,030

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: Rolling, 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: 4.03
  • 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

  • Lot Features: City Light View(s), Mountain View(s), Gated Community, North/South Exp
  • 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: 175368.0
  • Additional Parcels: No
  • Parcel #: 216-85-059
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5030.0
  • Tax Book Number: 216.00
  • Tax Lot: 3
  • Tax Map Number: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2019
Closed on
Dec 9, 2019
Sold by
Futuro D Esperanza Llc
Bought by
Owen Richard Mark and Owen Susan Jons
Seller's Agent
Dave Patterson
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Stewart Walowitz
eXp Realty
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Current Estimated Value
$5,790,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,840,653
Avg. Annual Appreciation
36.79%
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
Owen Richard Mark $950,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richard Mark Owen $750,000
Closed Richard Mark Owen $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Sold $950,000 -9.5% --
12/30/2019 12/30/19 Pending -- -- --
12/30/2019 12/30/19 For Sale $1,050,000 -- --
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 $14,798 $268,692 -- --
2024 $9,903 $255,898 -- --
2023 $9,903 $299,180 $59,830 $239,350
2022 $5,214 $115,410 $115,410 $0
2021 $5,661 $114,105 $114,105 $0
2020 $5,561 $108,690 $108,690 $0
2019 $5,394 $113,010 $113,010 $0
2018 $5,246 $107,685 $107,685 $0
2017 $5,052 $115,845 $115,845 $0
2016 $5,030 $131,280 $131,280 $0
2015 $5,074 $86,471 $86,471 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6018099

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-85-059