NOT LISTED FOR SALE

Estimated Value: $2,130,000 - $2,406,000

4.41 Acres
$519,031 Price per Acre
192,100 Sq Ft Lot

Last Sold June 17, 2015

Last sale price $215,000

Est. 965% increase in value since last sale

Current estimated payment $12,659/month

214 Days on Market

About This Lot

As of June 2015

GORGEOUS 4.4 ACRE PARCEL WITH INCREDIBLE VIEWS OF PINNACLE PEAK & CITY LIGHTS. IF YOU WANT TO LIVE ON 4+ ACRES, DON'T YOU ALSO WANT YOUR NEIGHBORS ON LARGE LOTS? YOUR ESTATE HOME COULD BE SITED ON THIS LOT TO TAKE ADVANTAGE OF THE GREAT VIEWS & NESTLED FAR OFF THE ROAD, INTO THE EXISTING LUSH SONORAN DESERT. PERFECT LOCATION FOR HORSE ENTHUSIAST TO TAKE ADVANTAGE OF THE MILES & MILES OF GREAT RIDING TRAILS RIGHT ACROSS THE ROAD. LOTS OF ROOM TO SPREAD OUT AND ENSURE PRIVACY.

Last Agent to Sell the Property

David Peterson

HomeSmart License #SA506507000 Listed on: 11/04/2014

HomeSmart

Last Buyer's Agent

Jill Hall

Russ Lyon Sotheby's International Realty License #SA523670000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,864

Lot Details

  • 4.41 Acre Lot

HOA Fees

  • $104 Monthly HOA Fees

Schools

  • Lone Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Community Details

  • Pinnacle Peak Rancho Association, Phone Number (480) 860-6001
  • Pinnacle Peak Ranchos Subdivision

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 216-52-050

Property Details

Property Type

Land

Est. Annual Taxes

$1,864

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Cross Street: PIMA & LONE MOUNTAIN
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: SFR
  • Tax Year: 2013
  • Lot Size Acres: 4.41
  • Subdivision Name: PINNACLE PEAK RANCHOS
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1250.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 480-860-6001
  • HOA Transfer Fee: 500.0
  • Association Fee: 1250.0
  • Association Fee Frequency: Annually
  • Association Name: PINNACLE PEAK RANCHO
  • Phone: 480-860-6001
  • Association: Yes

Schools

  • Elementary School: Lone Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: 620 X 310
  • Lot Size Sq Ft: 192163.0
  • Additional Parcels: No
  • Parcel #: 216-52-050
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1864.0
  • Tax Book Number: 216.00
  • Tax Lot: 48
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2014
Closed on
Jun 5, 2015
Sold by
Capri Russell F
Bought by
Erwin Ron
Seller's Agent
David Peterson
HomeSmart
Buyer's Agent
Jill Hall
Russ Lyon Sotheby's International Realty
List Price
$269,000
Sold Price
$215,000
Premium/Discount to List
-$54,000
-20.07%
Current Estimated Value
$2,288,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,073,925
Avg. Annual Appreciation
25.76%

Purchase Details

Closed on
Apr 10, 2013
Sold by
Capri Russell F
Bought by
Capri Russell F

Purchase Details

Closed on
Apr 12, 1994
Sold by
Capri Frank J and Capri Mary Dolores
Bought by
Capri Frank J and Capri Dolores
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
Erwin Ron $215,000 First American Title Ins Co
Capri Russell F -- None Available
Capri Frank J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2015 06/17/15 Sold $215,000 -20.1% --
06/03/2015 06/03/15 Pending -- -- --
11/01/2014 11/01/14 For Sale $269,000 -- --
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 $4,461 $80,995 -- --
2024 $4,266 $77,138 -- --
2023 $4,266 $144,110 $28,820 $115,290
2022 $4,110 $109,930 $21,980 $87,950
2021 $4,463 $100,100 $20,020 $80,080
2020 $4,384 $90,660 $18,130 $72,530
2019 $3,187 $62,910 $12,580 $50,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5194755

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-52-050A