NOT LISTED FOR SALE

2914 N 187th Dr Litchfield Park, AZ 85340

Estimated Value: $358,738 - $655,000

3.44 Acres
$137,572 Price per Acre
149,846 Sq Ft Lot

Last Sold May 29, 2017

Last sale price $115,000

Est. 312% increase in value since last sale

Current estimated payment $2,628/month

306 Days on Market

About This Lot

As of May 2017

No residential use. Opportunity to own a multi-use property for a buyer who has a vision to build a daycare center, gym, storage facility, church, office bldg, store, and many other uses that are listed in the Maricopa County Chapter 10 Overlay Zoning. Great location near I-10 freeway off-ramp and few miles from the 303. Elementary School across the street. This would be a great location for a General Store/feed store with frontage on Thomas Rd. Must acquire building permits from LAFB and County. There are several very nice custom homes in the immediate vicinity that were built before the zoning was changed and are now grandfathered in. The CC&R's were removed to abide by state law and a court settlement agreement between LAFB & Maricopa County that does not allow Residential use.

Last Agent to Sell the Property

Myra Wilburn

West USA Realty License #BR006923000 Listed on: 06/23/2016

West USA Realty

Last Buyer's Agent

Victor McPeak

HomeSmart License #SA555858000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,215

Lot Details

  • 3.44 Acre Lot
  • Property is zoned R43 Overlay

Schools

  • Scott L Libby Elementary School
  • Verrado Middle School
  • Verrado High School

Community Details

  • No Home Owners Association
  • Residential Subdivision With Several Nice Homes Which Were Grandfathered In Before Zoning Change.

Listing and Financial Details

  • Assessor Parcel Number 502-64-001-T

Property Details

Property Type

Land

Est. Annual Taxes

$1,215

Lot Details

0

Listing Details

  • Cross Street: Thomas Rd. & Perryville Rd.
  • Legal Info Range: 2W
  • Property Type: Land
  • Zoning: R43 Overlay
  • Tax Year: 2015
  • Directions: West on Thomas to first street. Lot lies along 187th Ave. on the West side from Thomas Rd. 451 ft. approx. north past the cul-de-sac. Block wall is the lot line on the West.
  • Lot Size Acres: 3.44
  • Road Surface Type: Gravel, Dirt, Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Subdivision Name: Residential subdivision with several nice homes which were grandfathered in before zoning change.
  • Tax Parcel Letter: T
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Dual Street Ftg
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Scott L Libby Elementary School
  • High School: Verrado High School
  • Middle Or Junior School: Verrado Middle School

Lot Info

  • Lot Size: 269.35 x 451.74 x 271.60 x 475.32
  • Lot Size Sq Ft: 149975.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 502-64-001-T
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1215.0
  • Tax Book Number: 502.00
  • Tax Lot: -
  • Tax Map Number: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Ttngo Enterprise Partnership
Bought by
Hamstra Peter and Hamstra Linda
Current Estimated Value
$473,246

Purchase Details

Closed on
Mar 8, 2018
Sold by
Ngo Thuant
Bought by
Tingo Enterprises Partnership

Purchase Details

Listed on
Jun 23, 2016
Closed on
Apr 17, 2017
Sold by
Sandberg Neil Kirby
Bought by
Ngo Thuan T
Seller's Agent
Myra Wilburn
West USA Realty
Buyer's Agent
Victor McPeak
HomeSmart
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.37%

Purchase Details

Closed on
Dec 14, 2010
Sold by
M & I Marshall & Ilsley Bank
Bought by
Sandberg Neil Kirby

Purchase Details

Closed on
Oct 5, 2010
Sold by
Melander Scott and Melander Julie
Bought by
M&I Marshall & Ilsley Bank

Purchase Details

Closed on
Jul 19, 2007
Sold by
American Federal Industries Inc
Bought by
Melander Scott and Melander Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2004
Sold by
Farnam Realty Inc
Bought by
American Federal Industries Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2004
Sold by
Farnam Realty Inc
Bought by
Scarla Aris Ray and Scarla Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2001
Sold by
Litchfield Ventures Llc
Bought by
Farnham Realty Inc
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
Hamstra Peter $335,000 Equitable Title Agency
Tingo Enterprises Partnership -- None Available
Ngo Thuan T $115,000 First American Title Insuran
Sandberg Neil Kirby $59,000 Security Title Agency
M&I Marshall & Ilsley Bank -- None Available
Melander Scott $555,000 First American Title Ins Co
American Federal Industries Inc $240,000 Arizona Title Agency Inc
Scarla Aris Ray $225,000 Arizona Title Agency Inc
Farnham Realty Inc $300,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melander Scott $416,250
Previous Owner American Federal Industries Inc $184,000
Previous Owner Scarla Aris Ray $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2017 05/29/17 Sold $115,000 0.0% --
04/19/2017 04/19/17 Pending -- -- --
06/17/2016 06/17/16 For Sale $115,000 -- --
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 $1,517 $11,914 $11,914 --
2024 $1,459 $11,347 $11,347 --
2023 $1,459 $40,695 $40,695 $0
2022 $1,393 $17,595 $17,595 $0
2021 $1,414 $15,915 $15,915 $0
2020 $1,373 $15,675 $15,675 $0
2019 $1,386 $12,510 $12,510 $0
2018 $1,241 $12,270 $12,270 $0
2017 $1,176 $12,840 $12,840 $0
2016 $1,121 $7,680 $7,680 $0
2015 $1,215 $12,624 $12,624 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5461232

Arizona Regional Multiple Listing Service (ARMLS)

APN: 502-64-001T