NOT LISTED FOR SALE

Estimated Value: $3,472,000 - $5,947,979

3.17 Acres
$1,489,273 Price per Acre
138,085 Sq Ft Lot

Last Sold December 31, 2015

Last sale price $440,000

Est. 1,019% increase in value since last sale

Current estimated payment $27,823/month

1,096 Days on Market

Highlights

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

About This Lot

As of December 2015

Over 3 acres, this prime view lot is located in prestigious Merit Crossing--a gated community with only 20 estate-sized homesites. Full architectural plans are available with acceptable offer. Close to world-class golf courses. City lights, Pinnacle Peak, and serene mountain views will delight!

Last Agent to Sell the Property

Warren Stubblefield

HomeSmart License #SA508533000 Listed on: 09/15/2012

HomeSmart

Co-Listed By

Merlena Stubblefield

HomeSmart License #SA515782000

Last Buyer's Agent

Cammie Beckert

Camelot Homes, Inc. License #BR115229000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,325

Lot Details

  • 3.17 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $293 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 216-85-037

Community Details

Overview

  • Tri City Property Mg Association, Phone Number (480) 844-2224
  • Merit Crossing Subdivision
  • Property is near a preserve or public land

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,325

Lot Details

0

HOA Fees

$293 per month

Listing Details

  • Cross Street: Pima Road & Dynamite
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: Residential
  • Tax Year: 2012
  • Directions: East to 91st Street.(Turn first street on right.) Proceed to gated entrance to Merit Crossing. South to property.
  • Horses: No
  • Lot Size Acres: 3.17
  • Co List Office Mls Id: cril01
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: Merit Crossing
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, City Light View(s), Mountain View(s), Gated Community, Borders Pres/Pub Lnd
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 878.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: (480) 844-2224
  • Association Fee: 878.0
  • Association Fee Frequency: Quarterly
  • Association Name: Tri-City Property Mg
  • Phone: 480-844-2224
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 138241.0
  • Additional Parcels: No
  • Parcel #: 216-85-037
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3325.24
  • Tax Book Number: 216.00
  • Tax Lot: 10
  • Tax Map Number: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Spata Scott and Marbella Maria
Bought by
Scott Spata Living Trust and Spata
Current Estimated Value
$4,924,916

Purchase Details

Closed on
Jun 14, 2023
Sold by
Spata Scott
Bought by
Scott Spata Living Trust and Spata

Purchase Details

Closed on
Aug 23, 2019
Sold by
Pizzitola Victor J and Kelleher James P
Bought by
Spata Scott and Spata Marbella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,019,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 15, 2019
Sold by
Pizzitola Vic J and Kelleher James
Bought by
Pizzitola Victor J and Kelleher James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 15, 2012
Closed on
Dec 28, 2015
Sold by
Hanish Karyl J and The Dennis & Karyl Hanish Fami
Bought by
Pizzitola Vic J and Kelleher James
Seller's Agent
Warren Stubblefield
HomeSmart
Buyer's Agent
Cammie Beckert
Camelot Homes, Inc.
List Price
$847,000
Sold Price
$440,000
Premium/Discount to List
-$407,000
-48.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.26%
Original Mortgage
$1,445,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2004
Sold by
Hanish Dennis J
Bought by
Hanish Dennis J and Hanish Karyl J

Purchase Details

Closed on
Jun 2, 2003
Sold by
Hanish Dennis J
Bought by
Hanish Dennis J and Hanish Karyl J

Purchase Details

Closed on
May 28, 2003
Sold by
Hanish Karyl
Bought by
Hanish Dennis J

Purchase Details

Closed on
Sep 26, 2000
Sold by
Murphy Brendan and Murphy Davina
Bought by
Murphy Brendan and Murphy Davina

Purchase Details

Closed on
Oct 19, 1999
Sold by
Glaz Corp
Bought by
Rosenbledt Daniel J and Murphy Brendan
Source: Public Records

Range of Values:

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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
Scott Spata Living Trust -- None Listed On Document
Scott Spata Living Trust -- None Listed On Document
Spata Scott $2,370,000 Fidelity Natl Ttl Agcy Inc
Pizzitola Victor J -- Security Title Agency Inc
Pizzitola Vic J $440,000 Lawyers Title Of Arizona Inc
Hanish Dennis J -- --
Hanish Dennis J -- First American Title Ins Co
Hanish Dennis J -- First American Title Ins Co
Hanish Dennis J $430,000 First American Title Ins Co
Murphy Brendan -- --
Rosenbledt Daniel J $300,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spata Scott $1,019,000
Previous Owner Pizzitola Victor J $260,000
Previous Owner Pizzitola Victor J $1,844,936
Previous Owner Pizzitola Vic J $333,000
Previous Owner Pizzitola Vic J $1,445,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2015 12/31/15 Sold $440,000 -48.1% --
09/16/2015 09/16/15 Pending -- -- --
09/15/2012 09/15/12 For Sale $847,000 -- --
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 $8,336 $184,533 -- --
2024 $8,860 $175,746 -- --
2023 $8,860 $289,210 $57,840 $231,370
2022 $8,569 $185,980 $37,190 $148,790
2021 $9,289 $185,260 $37,050 $148,210
2020 $9,257 $186,530 $37,300 $149,230
2019 $9,688 $183,900 $36,780 $147,120
2018 $9,422 $54,720 $54,720 $0
2017 $2,505 $63,345 $63,345 $0
2016 $2,494 $60,585 $60,585 $0
2015 $2,515 $55,472 $55,472 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4819501

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-85-037