NOT LISTED FOR SALE

Estimated Value: $2,281,238

0.15 Acre
$15,208,253 Price per Acre
6,633 Sq Ft Lot

Last Sold July 29, 2021

Last sale price $675,000

Est. 238% increase in value since last sale

Current estimated payment $13,010/month

13 Days on Market

About This Lot

As of July 2021

Investors dream!!! Fully permitted build in the hottest VRBO district, Southwest Village. Walking distance from Valley Ho and all of Scottsdale's best bars and restaurants, across the street from Arcadia proper. SW Village is currently the area seeing the most investor dollars poured in and is appreciating rapidly. Slated build is 5 bed 4 bath with large master retreat and living area by high end builder Century Custom. Lot is prepped and ready to break ground complete with survey and fully permitted plans. Across the street from canal access to the waterfront, complete urban walkable lifestyle. Bring all offers-

Last Agent to Sell the Property

Katrina Barrett

Walt Danley Local Luxury Christie's International Real Estate Brokerage Phone: 520-403-5270 License #BR578628000 Listed on: 07/03/2021

Walt Danley Local Luxury Christie's International Real Estate

Last Buyer's Agent

Alex Smith

RETSY License #SA653775000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,446

Lot Details

  • 6,633 Sq Ft Lot
  • Property is zoned r1-7

Community Details

  • No Home Owners Association
  • Southwest Village Unit 3 Subdivision

Listing and Financial Details

  • Tax Lot 291
  • Assessor Parcel Number 130-05-053

Property Details

Property Type

Land

Est. Annual Taxes

$1,446

Lot Details

0

Listing Details

  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: r1-7
  • Tax Year: 2020
  • Attribution Contact: 520-403-5270
  • Lot Size Acres: 0.15
  • Subdivision Name: SOUTHWEST VILLAGE UNIT 3
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Seller Prop Disc Stm, Boundary Survey Avlb

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 80 x 80
  • Lot Size Sq Ft: 6633.0
  • Additional Parcels: No
  • Parcel #: 130-05-053

Tax Info

  • Tax Annual Amount: 1446.0
  • Tax Book Number: 130.00
  • Tax Lot: 291
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Mark Braasch
Bought by
Golfbsh2022 Llc
Current Estimated Value
$2,281,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,727,764
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$524,816

Purchase Details

Closed on
Sep 13, 2022
Sold by
Mrw Investments Llc
Bought by
Braasch Mark and Hubble Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,727,764
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$524,816

Purchase Details

Listed on
Jul 3, 2021
Closed on
Jul 27, 2021
Sold by
Apache Way Ventures Llc
Bought by
Mrw Investments Llc
Seller's Agent
Katrina Barrett
Walt Danley Local Luxury Christie's International Real Estate
Buyer's Agent
Alex Smith
RETSY
List Price
$750,000
Sold Price
$675,000
Premium/Discount to List
-$75,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.47%

Purchase Details

Closed on
Nov 17, 2020
Sold by
Land Use Network Llc
Bought by
Apache Way Ventures Llc

Purchase Details

Closed on
Aug 21, 2020
Sold by
Rich Barry and Estate Of Charlotte Gayle Rich
Bought by
Land Use Network Llc

Purchase Details

Closed on
Jan 6, 2000
Sold by
Rich H L
Bought by
Rich Charlotte Gayle
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
Golfbsh2022 Llc -- --
Braasch Mark $2,250,000 Magnus Title
Mrw Investments Llc $675,000 First American Title Ins Co
Apache Way Ventures Llc $480,000 First American Title Ins Co
Land Use Network Llc $425,000 First Arizona Title Agency
Rich Charlotte Gayle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braasch Mark $1,800,000
Previous Owner Mrw Investments Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $675,000 -3.4% --
07/12/2021 07/12/21 Price Changed $699,000 -6.8% --
07/03/2021 07/03/21 For Sale $750,000 -- --
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 $4,948 $73,136 -- --
2024 $4,891 $69,653 -- --
2023 $4,891 $116,380 $23,270 $93,110
2022 $1,345 $41,070 $8,210 $32,860
2021 $1,707 $36,410 $7,280 $29,130
2020 $1,446 $34,210 $6,840 $27,370
2019 $1,402 $30,050 $6,010 $24,040
2018 $1,370 $28,850 $5,770 $23,080
2017 $1,293 $25,950 $5,190 $20,760
2016 $1,267 $25,080 $5,010 $20,070
2015 $1,217 $22,860 $4,570 $18,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6259678

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-05-053