NOT LISTED FOR SALE

28417 N Summit Springs Rd Unit 34 Rio Verde, AZ 85263

Estimated Value: $1,839,000 - $2,198,540

0.42 Acre
$4,848,840 Price per Acre
18,295 Sq Ft Lot

Last Sold May 03, 2019

Last sale price $355,000

Est. 474% increase in value since last sale

Current estimated payment $11,709/month

423 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Hilly Lot
  • Fountain Hills Middle School Rated A-
  • Mountain View
  • Property is near a golf course

About This Lot

As of May 2019

MILLION DOLLAR VIEWS! SPECTACULAR MOUNTAIN & GOLF COURSE VIEWS IN BEAUTIFUL VERDE RIVER RANCH. THIS PREMIER LOT OVER LOOKS THE 7TH GREEN, FAIRWAYS AND MOUNTAINS BEYOND. SELLER HAS PRELIMINARY PLANS FOR A WALKOUT RANCH OR JUST USE THE LOWER LEVEL FOR STORAGE. VIEW DECK TO TAKE ADVANTAGE OF THESE STUNNING VIEWS. A DESTINATION LIFESTYLE AWAITS IN THIS INCREDIBLE COMMUNITY WITH ALL YOU COULD HOPE FOR IN A BEAUTIFUL NEW SHOWCASE CLUBHOUSE. ACTIVITIES, INCLUDING HEATED POOLS, SPA, STATE OF THE ART FITNESS CENTER,TENNIS AND PICKLE BALL COURTS, BOCCE BALL COURTS, THE TOM LEHMAN DESIGNED CHAMPIONSHIP GOLF COURSE AND SO MUCH MORE. RESORT LIVING IN THE DESERT. SELECT YOUR BUILDER & BUILD ON YOUR SCHEDULE. ALL UTILITIES ARE TO THE LOT AND ALL THE AMENITIES ARE NOW IN. DISNEYLAND FOR ADULTS!!!

Last Agent to Sell the Property

Mike Moore

Realty ONE Group License #SA586219000 Listed on: 02/09/2018

Co-Listed By

Kristy Coup

RE/MAX Sun Properties License #SA540294000

Last Buyer's Agent

Mike Moore

Realty ONE Group License #SA586219000 Listed on: 02/09/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $994

Lot Details

  • 0.42 Acre Lot
  • Hilly Lot

HOA Fees

  • $363 Monthly HOA Fees

Schools

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

Additional Features

  • Mountain Views
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 219-38-218

Community Details

Overview

  • Verde River Comm. Association, Phone Number (602) 674-4385
  • Vista Verde Unit 1 Amd Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$994

Lot Details

0

HOA Fees

$363 per month

Listing Details

  • Cross Street: LONESOME CANYON DRIVE
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv, Off Site Imp Complte
  • Topography: Hillside
  • Zoning: RESIDENTIAL
  • Tax Year: 2018
  • Directions: 101 NORTH ON PIMA EAST ON DYNAMITE/RIO VERDE APPROX. 10 MILES TO ENTRANCE TO TRILOGY @ VERDE RIVER THROUGH THE GATE LEFT ON DESERT VISTA TRAIL WHICH BECOMES SUMMIT SPRINGS ROAD TO LOT 34.
  • Horses: No
  • Lot Size Acres: 0.42
  • Road Surface Type: Asphalt, Dedicated Street, Private Street, Curb(s) & Gutter(s)
  • Co List Office Mls Id: rsun01
  • Co List Office Phone: 480-837-9801
  • Subdivision Name: VISTA VERDE UNIT 1 AMD
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: Golf Course Lot, Golf Course Subd, Mountain View(s), Gated Community, Guarded Entry, Adjacent to Wash
  • Disclosures: Seller Prop Disc Stm, Development Pln Aval
  • Other Structures: None

Utilities

  • Electric: SRP, Underground
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1089.16
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 602-674-4385
  • Association Fee: 1089.16
  • Association Fee Frequency: Quarterly
  • Association Name: VERDE RIVER COMM.
  • Phone: 602-674-4385
  • 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: 137X116X147X147
  • Lot Size Sq Ft: 18250.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-38-218
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 994.0
  • Tax Book Number: 219.00
  • Tax Lot: 34
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Apr 18, 2019
Sold by
The Petzold Family Trust
Bought by
Mathieson John W and Mathieson Helen A
Seller's Agent
Mike Moore
Realty ONE Group
Buyer's Agent
Mike Moore
Realty ONE Group
List Price
$385,000
Sold Price
$355,000
Premium/Discount to List
-$30,000
-7.79%
Current Estimated Value
$2,036,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,681,513
Avg. Annual Appreciation
31.11%

Purchase Details

Closed on
Nov 8, 2008
Sold by
Petzold Howard K and Petzold Eloise J
Bought by
Petzold Kent and Petzold Eloise

Purchase Details

Closed on
Nov 14, 2007
Sold by
First American Title Insurance Co
Bought by
Petzold Howard K and Petzold Eloise J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.2%
Mortgage Type
New Conventional
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
Mathieson John W $355,000 Grand Canyon Title Agency
Petzold Kent -- None Available
Petzold Howard K $445,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petzold Howard K $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $355,000 -7.8% --
04/07/2019 04/07/19 Pending -- -- --
02/08/2018 02/08/18 For Sale $385,000 -- --
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 $6,586 $79,596 -- --
2024 $6,197 $75,806 -- --
2023 $6,197 $127,560 $25,510 $102,050
2022 $5,968 $96,680 $19,330 $77,350
2021 $5,998 $96,300 $19,260 $77,040
2020 $1,082 $32,355 $32,355 $0
2019 $1,037 $33,555 $33,555 $0
2018 $994 $33,450 $33,450 $0
2017 $956 $24,360 $24,360 $0
2016 $591 $22,455 $22,455 $0
2015 $937 $9,776 $9,776 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5721042

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-38-218