NOT LISTED FOR SALE

Estimated Value: $1,043,000 - $1,621,000

0.97 Acre
$1,411,530 Price per Acre
42,253 Sq Ft Lot

Last Sold April 18, 2022

Last sale price $1,500,000

Est. 9% decrease in value since last sale

Current estimated payment $8,056/month

16 Days on Market

Highlights

  • City Lights View
  • 0.97 Acre Lot
  • Cul-De-Sac
  • Mercury Mine Elementary School Rated A
  • No HOA
  • Property is near a preserve or public land

About This Lot

As of April 2022

This is your opportunity to own a rare, flat, nearly 1 acre parcel at the end of a street, on a cul-de-sac and nestled at the base of the Phoenix Mountain Preserve. Surrounded by the Preserve, you can create and build your dream home and live in one of the most coveted areas in all of Phoenix. The house directly to the east is also for sale if you are looking for a place to live while you build your dream home on this amazing lot. Professional photos soon.

Last Listed By

Roxy Westphal

My Home Group Real Estate Brokerage Email: roxygirlsonfireaz@gmail.com License #SA669207000 Listed on: 02/22/2022

My Home Group Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,574

Lot Details

  • 0.97 Acre Lot
  • Cul-De-Sac
  • Wire Fence
  • Level Lot
  • Property is zoned RE-43

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

  • Mercury Mine Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Community Details

  • No Home Owners Association
  • Vista Del Cerro Lot 1 16 Tr A Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 165-15-031

Property Details

Property Type

Land

Est. Annual Taxes

$4,574

Lot Details

0

Listing Details

  • Cross Street: Shea and 40th Street
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Topography: Level
  • Zoning: RE-43
  • Tax Year: 2021
  • Directions: South on 40th Street from Shea. Just after Ocotillo, turn right onto the Diagonal road, Sahauro. At the dead end, turn left. Turn right at the next corner. Lot is at the end of the street, on the left
  • Attribution Contact: roxygirlsonfireaz@gmail.com
  • Horses: No
  • Lot Size Acres: 0.97
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: VISTA DEL CERRO LOT 1-16 TR A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Wire
  • Lot Features: Cul-De-Sac, North/South Exp, Adjacent to Wash, Borders Pres/Pub Lnd
  • View: Mountain(s), City Light(s)
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mercury Mine Elementary School
  • High School: Shadow Mountain High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Lot Size: 240.21 x 284.74 x 217.98
  • Lot Size Sq Ft: 42343.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 165-15-031
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4574.0
  • Tax Book Number: 165.00
  • Tax Lot: 1
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Apr 15, 2022
Sold by
Circle V Llc
Bought by
Camelback Keller Llc
Seller's Agent
Roxy Westphal
My Home Group Real Estate
Buyer's Agent
Amy Galakatos
My Home Group Real Estate
List Price
$1,500,000
Sold Price
$1,500,000
Total Days on Market
16
Current Estimated Value
$1,369,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$130,816
Avg. Annual Appreciation
-1.40%
Original Mortgage
$1,200,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2019
Closed on
Nov 11, 2019
Sold by
Zajic Scott H and Zajic Michelle L
Bought by
Circle V Llc
Seller's Agent
Devon Connors
Coldwell Banker Realty
Buyer's Agent
Elizabeth Erwin
My Home Group Real Estate
List Price
$900,000
Sold Price
$845,000
Premium/Discount to List
-$55,000
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.89%

Purchase Details

Closed on
Oct 16, 2017
Sold by
Rubin Laurie A
Bought by
Zajic Scott H and Zajic Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2013
Sold by
Hiaasen Steven O and Rubin Laurie A
Bought by
Rubin Laurie A

Purchase Details

Closed on
Nov 3, 2009
Sold by
Hiaasen Steven and Rubin Laurie A
Bought by
Hiaasen Steven O and Rubin Laurie A

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
Camelback Keller Llc $1,500,000 Wfg National Title Insurance C
Circle V Llc $845,000 Jet Closing Inc
Zajic Scott H $800,000 Equity Title Agency Inc
Rubin Laurie A -- None Available
Hiaasen Steven O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camelback Keller Llc $3,633,750
Closed Camelback Keller Llc $1,200,000
Previous Owner Zajic Scott H $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $1,500,000 0.0% --
02/14/2022 02/14/22 For Sale $1,500,000 +77.5% --
11/19/2019 11/19/19 Sold $845,000 -6.1% --
10/26/2019 10/26/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $900,000 -- --
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 $4,705 $47,270 $47,270 --
2024 $4,607 $45,019 $45,019 --
2023 $4,607 $87,690 $87,690 $0
2022 $4,560 $72,435 $72,435 $0
2021 $4,574 $71,430 $71,430 $0
2020 $4,432 $52,560 $52,560 $0
2019 $4,438 $42,000 $42,000 $0
2018 $4,293 $55,170 $55,170 $0
2017 $4,115 $60,330 $60,330 $0
2016 $4,046 $56,700 $56,700 $0
2015 $3,997 $44,208 $44,208 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6355513

Arizona Regional Multiple Listing Service (ARMLS)

APN: 165-15-031