NOT LISTED FOR SALE

Estimated Value: $283,000 - $560,000

4.58 Acres
$92,307 Price per Acre
199,505 Sq Ft Lot

Last Sold January 10, 2020

Last sale price $240,000

Est. 76% increase in value since last sale

Current estimated payment $2,343/month

245 Days on Market

Highlights

  • 4.58 Acre Lot
  • Mountain View
  • Property is near a preserve or public land
  • Sonoran Trails Middle School Rated A-
  • No HOA

About This Lot

As of January 2020

Experience North Scottsdale living with no HOA's or CC&R's! Conveniently located near golf courses, dining, and shopping, this 4.6 acre lot is ready for you to make your dreams come true. From a custom, private retreat to a small ranch the possibilities are endless.
The level lot is literally in the center of the McDowell Sonoran Preserve, adjacent to the Redbird trailhead. Design your dream home to take in the Sonoran Desert and the 360 degree mountain views including the McDowell Mountains, Troon Mountain, Pinnacle Peak, Fraesfield, and Brown's Peak.
Plenty of nearby access to biking, riding and hiking trails abound including the adjacent McDowell Preserve, Granite Mountain Trailhead and the Four Peaks Wilderness area.

Last Agent to Sell the Property

Lisa Lucky

Russ Lyon Sotheby's International Realty License #BR516513000 Listed on: 04/16/2019

Russ Lyon Sotheby's International Realty

Co-Listed By

Matthew Lucky

Russ Lyon Sotheby's International Realty License #SA541803000

Last Buyer's Agent

Lori Adamson

RE/MAX Fine Properties License #SA636317000

RE/MAX Fine Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $758

Lot Details

  • 4.58 Acre Lot
  • Property is zoned R1-130

Property Views

  • Mountain Views

Schools

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

Community Details

  • No Home Owners Association
  • Non Hoa Scottsdale Land Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 216-77-002-Q

Property Details

Property Type

Land

Est. Annual Taxes

$758

Lot Details

0

Listing Details

  • Cross Street: E Rio Verde Drive & N 128th Street
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R1-130
  • Tax Year: 2019
  • Directions: Head east on Rio Verde Drive, turn south on 128th Street. Head south, lot is on east side of street.
  • Lot Size Acres: 4.58
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: Non-HOA Scottsdale Land
  • Tax Parcel Letter: Q
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Mountain View(s), Borders Pres/Pub Lnd
  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size: -
  • Lot Size Sq Ft: 199505.0
  • Additional Parcels: No
  • Parcel #: 216-77-002-Q
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 758.0
  • Tax Book Number: 216.00
  • Tax Lot: -
  • Tax Map Number: 77.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Dec 18, 2019
Sold by
Hiles David Allen
Bought by
Lofthouse Timothy
Seller's Agent
Lisa Lucky
Russ Lyon Sotheby's International Realty
Buyer's Agent
Lori Adamson
RE/MAX Fine Properties
List Price
$280,000
Sold Price
$240,000
Premium/Discount to List
-$40,000
-14.29%
Current Estimated Value
$421,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,972
Avg. Annual Appreciation
12.16%
Original Mortgage
$216,000
Outstanding Balance
$193,677
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$262,108

Purchase Details

Closed on
Oct 1, 2003
Sold by
Catrambone Dominic J and Catrambone Genefieve
Bought by
Catrambone Genevieve T and Genevieve T Catrambone Trust

Purchase Details

Closed on
Aug 18, 2002
Sold by
Meranto Jeff A and Meranto Susan C
Bought by
Catrambone Dominic J and Catrambone Genevieve

Purchase Details

Closed on
Dec 24, 1998
Sold by
Wright John and Wright Nanette Joy
Bought by
Hess Robert and Hess Susan M

Purchase Details

Closed on
Oct 8, 1996
Sold by
Cowan James Brent
Bought by
Wright John

Purchase Details

Closed on
May 12, 1994
Sold by
Rkp Investments Inc
Bought by
Cowan James Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 19, 1994
Sold by
Hall Alan W and Hall Anne P
Bought by
Rkp Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.35%
Mortgage Type
Seller Take Back
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
Lofthouse Timothy $240,000 First American Title Ins Co
Catrambone Genevieve T -- Chicago Title Insurance Co
Catrambone Dominic J $228,000 Chicago Title Insurance Co
Hess Robert $99,000 Chicago Title Insurance Co
Wright John -- --
Cowan James Brent $65,000 United Title Agency
Rkp Investments $60,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lofthouse Timothy $216,000
Previous Owner Rkp Investments $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $240,000 -14.3% --
12/17/2019 12/17/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $280,000 -- --
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 $381 $6,920 $6,920 --
2024 $365 $6,591 $6,591 --
2023 $365 $17,460 $17,460 $0
2022 $351 $15,060 $15,060 $0
2021 $381 $15,525 $15,525 $0
2020 $375 $13,755 $13,755 $0
2019 $363 $10,335 $10,335 $0
2018 $353 $9,300 $9,300 $0
2017 $340 $10,830 $10,830 $0
2016 $339 $11,265 $11,265 $0
2015 $342 $9,344 $9,344 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5912067

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-77-040