NOT LISTED FOR SALE

31075 N 118th Ln Unit 11 Peoria, AZ 85383

Estimated Value: $428,478 - $1,052,000

0.83 Acre
$727,253 Price per Acre
36,155 Sq Ft Lot

Last Sold February 12, 2021

Last sale price $325,000

Est. 86% increase in value since last sale

Current estimated payment $3,603/month

55 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • 0.83 Acre Lot
  • Lake Pleasant Elementary School Rated A-
  • Waterfront
  • Mountain View

About This Lot

As of February 2021

***Welcome to best in luxury living!***
HIT A HOLE-IN-ONE WITH THIS LOT*** Cul De Sac Lot with views that overlook 11th tee box, fairway, lake & mountains! No neighbors on 3 sides. Multi million dollar homes on same street. Build your dream home & golf everyday at Blackstone Country Club's Golf award-winning, 18-hole, par 72 championship, private golf course designed by Jim Engh. Blackstone is a private, guard gated country club community featuring magnificent amenities Hacienda Clubhouse, extensive fitness center, resort-style pool with private cabanas, children's play area, tennis facilities, wine bar & casual and fine dining. Blackstone is close to Lake Pleasant which offers camping, boating, fishing, swimming, hiking, picnicking & wildlife viewing*Award winning Peoria School District*

Last Agent to Sell the Property

Marie Shafer

Realty ONE Group License #SA523290000 Listed on: 12/05/2020

Last Buyer's Agent

Donna Cornell

RE/MAX Professionals License #SA663398000

RE/MAX Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,041

Lot Details

  • 0.83 Acre Lot
  • Waterfront
  • Cul-De-Sac

HOA Fees

  • $188 Monthly HOA Fees

Schools

  • Vistancia Elementary School
  • Liberty High School

Additional Features

  • Mountain Views
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 503-52-494

Community Details

Overview

  • Blackstone Association, Phone Number (623) 215-8646
  • Blackstone At Vistancia Parcel B8 Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$3,041

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Cross Street: Happy Valley Rd & Lake Pleasant Pkwy
  • Legal Info Range: 1W
  • Property Type: Land
  • Development Status: Plans Available, On Site Imp Cmplete, Prelim Eng Included
  • Zoning: Single Family
  • Tax Year: 2020
  • Directions: From Lake Pleasant Road, go west on Happy Valley, past Loop 303, into Vistancia. R-on Lone Mountain, L-on Guarded Gate for Blackstone Country Club. Thru Gate, R-on Moura Ln. L-on 118th Ln to the lot.
  • Horses: No
  • Lot Size Acres: 0.83
  • Road Surface Type: Private Street, Sidewalk(s)
  • Subdivision Name: BLACKSTONE AT VISTANCIA PARCEL B8
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: See Remarks, Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Waterfront, Golf Course Lot, Golf Course Subd, Mountain View(s), Gated Community, Guarded Entry, Border Common Area
  • Disclosures: Seller Prop Disc Stm, Boundary Survey Avlb, Development Pln Aval
  • Land Features:Waterfront: Yes

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 564.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 623-215-8646
  • HOA Transfer Fee: 1053.0
  • Association Fee: 564.0
  • Association Fee Frequency: Quarterly
  • Association Name: Blackstone
  • Phone: 623-215-8646
  • Association: Yes

Schools

  • Elementary School: Vistancia Elementary School
  • High School: Liberty High School
  • Junior High Dist: Peoria Unified School District
  • Middle Or Junior School: Vistancia Elementary School

Lot Info

  • Lot Size: 296x179 237x67
  • Lot Size Sq Ft: 36107.0
  • Additional Parcels: No
  • Parcel #: 503-52-494
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3041.0
  • Tax Book Number: 503.00
  • Tax Lot: 11
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2020
Closed on
Jan 26, 2021
Sold by
Koch Christopher L and Koch Jennifer A
Bought by
Cromwell Brian and Cromwell Kimberly
Seller's Agent
Marie Shafer
Realty ONE Group
Buyer's Agent
Donna Cornell
RE/MAX Professionals
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Current Estimated Value
$603,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,620
Avg. Annual Appreciation
14.08%

Purchase Details

Closed on
May 16, 2016
Sold by
Laughlin Lots Llc
Bought by
Koch Christopher L and Koch Jennifer A

Purchase Details

Listed on
Apr 30, 2014
Closed on
Sep 12, 2014
Sold by
Kies Scott W and Kies Kari
Bought by
Laughlin Lots Llc
Seller's Agent
Jay Patel
RETHINK Real Estate
Buyer's Agent
Joel Lindgren
The Arizona Real Estate Company.com
List Price
$169,700
Sold Price
$155,000
Premium/Discount to List
-$14,700
-8.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$206,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2009
Sold by
M&I Marshall & Ilsley Bank
Bought by
Kies Scott W and Kies Kari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,650
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2008
Sold by
Kim Eun Sook
Bought by
M & I Marshall & Ilsley Bank

Purchase Details

Closed on
Feb 1, 2007
Sold by
Vistancia Llc
Bought by
Kim Eun Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.87%
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
Cromwell Brian $325,000 Security Title Agency Inc
Koch Christopher L $239,000 Security Title Agency Inc
Laughlin Lots Llc $155,000 First Arizona Title Agency
Kies Scott W $279,500 Security Title Agency
M & I Marshall & Ilsley Bank $264,738 Great American Title Agency
Kim Eun Sook $500,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laughlin Lots Llc $206,250
Previous Owner Kies Scott W $195,650
Previous Owner Kim Eun Sook $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2021 02/12/21 Sold $325,000 -7.1% --
02/05/2021 02/05/21 For Sale $350,000 0.0% --
02/05/2021 02/05/21 Price Changed $350,000 0.0% --
01/28/2021 01/28/21 For Sale $350,000 0.0% --
01/28/2021 01/28/21 Price Changed $350,000 0.0% --
01/09/2021 01/09/21 Price Changed $350,000 -17.6% --
11/27/2020 11/27/20 For Sale $425,000 +174.2% --
09/18/2014 09/18/14 Sold $155,000 -8.7% -- View Prior Sale
07/12/2014 07/12/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $169,700 -- --
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 $3,000 $27,357 $27,357 --
2024 $2,977 $26,054 $26,054 --
2023 $2,977 $40,290 $40,290 $0
2022 $2,955 $24,345 $24,345 $0
2021 $3,047 $24,660 $24,660 $0
2020 $3,041 $21,435 $21,435 $0
2019 $3,255 $26,280 $26,280 $0
2018 $3,150 $24,120 $24,120 $0
2017 $3,121 $23,445 $23,445 $0
2016 $3,069 $19,515 $19,515 $0
2015 $3,205 $22,032 $22,032 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6168136

Arizona Regional Multiple Listing Service (ARMLS)

APN: 503-52-494