NOT LISTED FOR SALE

37040 N 31st Ave Phoenix, AZ 85086

Estimated Value: $234,000 - $270,000

2.5 Acres
$100,800 Price per Acre
108,900 Sq Ft Lot

Sale Details

Date Sold: April 20, 2022

Last sale price $210,700

Est. 20% increase in value since last sale

Current estimated payment $1,431 / mo

122 Days on Market

Highlights

  • Horses Allowed On Property
  • City Lights View
  • Hilly Lot
  • Sunset Ridge Elementary School Rated A-
  • 2.5 Acre Lot
  • No HOA

About This Lot

As of April 2022

This spectacular, NO HOA, 2.5 acre hillside lot is surrounded by beautiful saguaros & vegetation. Offering panoramic city light & mountain views, this is one of the best lots available in Desert Hills! Shared well, power & phone on-site. Enjoy Arizona sunsets & starlit nights from your private desert retreat. Imagine the wonderful home waiting to be built, where you & your family will be able to make memories that will last forever! Full paved driveway to property. Minimal site-prep required! Topo already complete. Surrounded by $1M+ homes. Optimal driveway entry would fork off of (W) neighboring driveway, heading (N) & gently curving (E) to your desired homesite location. Minutes from I-17, shopping, restaurants, businesses & new tech companies! Schedule your showing today!

Last Agent to Sell the Property

David Arustamian

Russ Lyon Sotheby's International Realty License #BR662152000 Listed on: 11/13/2021

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

James Melendy

Realty ONE Group License #SA678179000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,044

Lot Details

  • 2.5 Acre Lot
  • Hillside Location
  • Hilly Lot
  • Property is zoned R-43

Property Views

  • City Lights
  • Mountain

Additional Features

  • Horses Allowed On Property
  • Shared Well

Community Details

  • No Home Owners Association
  • N2 Se4 Se4 Nw4 Sec 35 Ex W2 N2 Se4 Se4 Nw4 Sd Sec P/F 13 0948334 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 203-23-017-G

Property Details

Property Type

Land

Est. Annual Taxes

$1,044

Lot Details

2.5 Acres

Listing Details

  • Cross Street: I-17 Frontage Rd & Cloud Rd
  • Legal Info Range: 2E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Hillside
  • Zoning: R-43
  • Tax Year: 2021
  • Horses: Yes
  • Lot Size Acres: 2.5
  • Road Surface Type: Asphalt
  • Subdivision Name: N2 SE4 SE4 NW4 SEC 35 EX W2 N2 SE4 SE4 NW4 SD SEC P/F 13-0948334
  • Tax Parcel Letter: G
  • View:Mountain View(s): Yes
  • View:City Light View(s): Yes
  • Water Source Shared Well2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • View: Mountain(s), City Light(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Deer Valley Unified District

Lot Info

  • Lot Size: 330x330
  • Horse Amenities: Other, See Remarks
  • Lot Size Sq Ft: 108900.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 203-23-017-G
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1044.0
  • Tax Book Number: 203.00
  • Tax Lot: -
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
Apr 18, 2022
Sold by
Gauthier Bryan and Gauthier Tammi
Bought by
Anand Suman
Seller's Agent
David Arustamian
Russ Lyon Sotheby's International Realty
Buyer's Agent
James Melendy
Realty ONE Group
List Price
$250,000
Sold Price
$210,700
Premium/Discount to List
-$39,300
-15.72%
Current Estimated Value
$252,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,300
Avg. Annual Appreciation
4.53%

Purchase Details

Closed on
Oct 18, 2013
Sold by
Presseller Joe and Presseller Rosalie
Bought by
Presseller Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
4.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 16, 2013
Sold by
Presseller Rosalie
Bought by
Gauthier Bryan and Gauthier Tammi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
4.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 25, 1995
Sold by
Bader Rick
Bought by
Presseller Rosalie
Source: Public Records
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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
Anand Suman $210,700 New Title Company Name
Anand Suman $210,700 New Title Company Name
Presseller Rosalie -- Security Title Agency
Presseller Rosalie -- Security Title Agency
Gauthier Bryan $65,000 Security Title Agency
Gauthier Bryan $65,000 Security Title Agency
Presseller Rosalie -- --
Presseller Rosalie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gauthier Bryan $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Sold $210,700 -6.4% --
11/29/2021 11/29/21 Price Changed $225,000 -10.0% --
11/09/2021 11/09/21 For Sale $250,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,137 $9,493 $9,493 --
2024 $1,063 $9,041 $9,041 --
2023 $1,063 $16,410 $16,410 $0
2022 $1,026 $24,975 $24,975 $0
2021 $1,044 $22,020 $22,020 $0
2020 $1,023 $21,885 $21,885 $0
2019 $991 $17,895 $17,895 $0
2018 $959 $17,295 $17,295 $0
2017 $941 $17,760 $17,760 $0
2016 $862 $8,085 $8,085 $0
2015 $850 $13,120 $13,120 $0
Source: Public Records

Agents Affiliated with this Home

  • David Arustamian

    Seller's Agent in 2022

    David Arustamian

    Russ Lyon Sotheby's International Realty

    (480) 331-0707

    5 in this area

    415 Total Sales

    David Arustamian
    Section Image
  • James Melendy

    Buyer's Agent in 2022

    James Melendy

    Realty One Group

    (480) 466-1949

    3 in this area

    76 Total Sales

    James Melendy
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6320084

Arizona Regional Multiple Listing Service (ARMLS)

APN: 203-23-017G

Arizona Maricopa County Phoenix 85086

37040 N 31st Ave, Phoenix, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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