NOT LISTED FOR SALE

28515 N 151st St Unit 4 Scottsdale, AZ 85262

Estimated Value: $963,000 - $1,141,000

1.04 Acres
$1,026,253 Price per Acre
45,302 Sq Ft Lot

Last Sold October 21, 2016

Last sale price $135,000

Est. 690% increase in value since last sale

Current estimated payment $5,895/month

148 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Horse Trails
  • Sonoran Trails Middle School Rated A-

About This Lot

As of October 2016

Fabulous 1.04 acre corner lot with spectacular mountain views including the 4 peaks. This is one of if not the best available lot in Rio Mountain Estates so don’t let it go. Very easy build flat lot with no wash, ready for your dream home. Gated community with many beautiful custom homes. All streets are paved and include fire hydrants. Lot includes private water with 100 year assured supply and electric. Low HOA fee equates to $96 per month and very low property tax. Horseback riding, trail riding hiking biking all in the nearby Tonto National Forest and The McDowell Mountain Preserve. Nearby golf at Trilogy.

Last Agent to Sell the Property

Michael Domer

Compass License #BR011375000 Listed on: 04/20/2016

Last Buyer's Agent

Kelli Grant

Long Realty Jasper Associates License #SA562433000

Long Realty Jasper Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $443

Year Built

  • 2018

Lot Details

  • 1.04 Acre Lot
  • Property is zoned R43

HOA Fees

  • $96 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

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

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 219-39-257

Community Details

Overview

  • Rio Mountain Association, Phone Number (480) 284-5551
  • Rio Mountain Estates Unit 1 Subdivision

Recreation

  • Horse Trails

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$443

Year Built

2018

Lot Details

0

HOA Fees

$96 per month

Listing Details

  • Cross Street: Rio Verde Dr. (Dynamite) & 150th St.
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: R43
  • Tax Year: 2015
  • Directions: From Dynamite (Rio Verde Dr. North on 150th St.To Monument Rd, West through Gate to 151st. Lot 4 is on the South/East corner of Monument Rd and 151st Street.
  • Lot Size Acres: 1.04
  • Road Surface Type: Asphalt
  • Subdivision Name: RIO MOUNTAIN ESTATES UNIT 1
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Interior Features

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

Exterior Features

  • Fencing: Other, See Remarks
  • Lot Features: Mountain View(s), Gated Community
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

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

Condo/Co-op/Association

  • Annual HOA Fees: 287.84
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-284-5551
  • HOA Transfer Fee: 450.0
  • Association Fee: 287.84
  • Association Fee Frequency: Quarterly
  • Association Name: Rio Mountain
  • Phone: 480-284-5551
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: IRREGULAR
  • Horse Amenities: Bridle Path Access, Other, See Remarks
  • Lot Size Sq Ft: 45305.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-39-257
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 443.0
  • Tax Book Number: 219.00
  • Tax Lot: 4
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2022
Sold by
Koeritzer Trust
Bought by
Nelson Kevin
Total Days on Market
148
Current Estimated Value
$1,066,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$478,195
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$589,108

Purchase Details

Closed on
Jun 10, 2019
Sold by
Koeritzer Kenneth R and Koeritzer Beth A
Bought by
Anderson Koeritzer Kenneth Ronald and Anderson Koeritzer Beth

Purchase Details

Listed on
Apr 20, 2016
Closed on
Oct 13, 2016
Sold by
Greenberg Steven S and Greenberg Patricia
Bought by
Koeritzer Kenneth R and Koeritzer Beth A
Seller's Agent
Michael Domer
Compass
Buyer's Agent
Kelli Grant
Long Realty Jasper Associates
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.00%

Purchase Details

Closed on
Nov 4, 2015
Sold by
Barringdale Inc
Bought by
Pr Steven S and Pr Patricia

Purchase Details

Closed on
Feb 17, 2005
Sold by
Rio Verde 160 Lp
Bought by
Barringdale Inc
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
Nelson Kevin $995,000 Pioneer Title
Anderson Koeritzer Kenneth Ronald -- None Available
Koeritzer Kenneth R $135,000 First Arizona Title Agency
Pr Steven S $132,500 First American Title Ins Co
Barringdale Inc $205,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Kevin $495,000
Previous Owner Koeritzer Kenneth Ronald $391,900
Previous Owner Koeritzer Kenneth Ronald $394,345
Previous Owner Koeritzer Kenneth R $400,000
Previous Owner Koeritzer Kenneth R $534,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $135,000 -9.9% --
09/15/2016 09/15/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $149,900 -- --
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 $1,650 $39,077 -- --
2024 $1,575 $37,216 -- --
2023 $1,575 $76,210 $15,240 $60,970
2022 $1,561 $56,420 $11,280 $45,140
2021 $2,093 $45,920 $9,180 $36,740
2020 $2,025 $42,220 $8,440 $33,780
2019 $1,893 $40,500 $8,100 $32,400
2018 $466 $12,495 $12,495 $0
2017 $445 $12,585 $12,585 $0
2016 $420 $13,905 $13,905 $0
2015 $443 $9,712 $9,712 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5431013

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-39-257