$615,000
SOLD MAY 29, 2018
0.43 Acre
$1,430,233 Price per Acre
18,731 Sq Ft Lot

Recently Sold

$313 Per Sq Ft

5% Below List Price

9 Days on Market

Highlights

  • 0.43 Acre Lot
  • Mountain View
  • Garage
  • Hopi Elementary School Rated A
  • No HOA

About This Lot

As of January 2022

Bring your ideas, architect and contractors to this amazing 18,674 sq ft lot in Marion Estates with Incredible Views of Camelback Mountain and the Praying Monk. This opportunity represents an exceptional value! Start creating your dream today. Property to be sold as is, without warranty.

Last Agent to Sell the Property

Deborah Frazelle

Coldwell Banker Realty License #SA543367000 Listed on: 04/20/2018

Coldwell Banker Realty

Last Buyer's Agent

Nick Blue

Urban Blue Realty, LLC License #BR635446000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,295

Lot Details

  • 0.43 Acre Lot
  • Property is zoned R1-14

Parking

  • Garage

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia High School

Additional Features

  • Mountain Views
  • North or South Exposure
  • Residence on Property

Community Details

  • No Home Owners Association
  • Marion Estates Subdivision

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 171-53-049

Property Details

Property Type

Land

Est. Annual Taxes

$3,295

Lot Details

0

Listing Details

  • Cross Street: 40th St and Camelback
  • Property Type: Land
  • Topography: {"Level":true}
  • Zoning: R1-14
  • Tax Year: 2017
  • Directions: Take 40th St North from Camelback. Turn right on San Miguel. House on left.
  • Horses: No
  • Lot Size Acres: 0.43
  • Road Surface Type: Concrete
  • Subdivision Name: Marion Estates
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: See Remarks, Single Family

Exterior Features

  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: None
  • Other Structures: Garage(s), Residence

Garage/Parking

  • Existing Structures:Garage(s): Yes

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hopi Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: Rectangle
  • Lot Size Sq Ft: 18674.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 171-53-049
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3295.0
  • Tax Book Number: 171.00
  • Tax Lot: 73
  • Tax Map Number: 53.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2022
Sold by
Nelson Eric and Nelson Kerri
Bought by
Eric And Kerri Nelson Trust
Current Estimated Value
$3,313,791

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 7, 2022
Sold by
Anderman David Matthew and Stone Allison
Bought by
Nelson Eric and Nelson Kerri
Seller's Agent
Jonathan Leaman
America One Luxury Real Estate
Buyer's Agent
Shawn Jardine
Real Broker
List Price
$2,895,000
Sold Price
$2,800,000
Premium/Discount to List
-$95,000
-3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
Mar 26, 2021
Sold by
Anderman David and Anderman Allison
Bought by
Anderman David Matthew and Anderman Allison Stone

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jul 26, 2019
Sold by
Blue Enterprises Llc
Bought by
Anderman David and Anderman Alison
Seller's Agent
Nick Blue
Urban Blue Realty, LLC
Buyer's Agent
Jonathan Leaman
America One Luxury Real Estate
List Price
$1,800,000
Sold Price
$1,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$1,080,000
Interest Rate
3.8%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 20, 2018
Closed on
May 25, 2018
Sold by
Fahy Richard M
Bought by
Blue Enterprise Llc
Seller's Agent
Deborah Frazelle
Coldwell Banker Realty
Buyer's Agent
Nick Blue
Urban Blue Realty, LLC
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
150.40%
Original Mortgage
$100,000
Interest Rate
4.6%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $2,800,000 New Title Company Name
Interfamily Deed Transfer -- None Available
Warranty Deed $1,800,000 Old Republic Title Agency
Warranty Deed $615,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,065,600 New Conventional
Previous Owner $1,080,000 Construction
Previous Owner $100,000 Unknown
Previous Owner $492,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $2,800,000 -3.3% $693 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $2,895,000 +60.8% $716 / Sq Ft
07/31/2019 07/31/19 Sold $1,800,000 0.0% $445 / Sq Ft
05/26/2019 05/26/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $1,800,000 +192.7% $445 / Sq Ft
05/29/2018 05/29/18 Sold $615,000 -5.4% $313 / Sq Ft
04/20/2018 04/20/18 For Sale $650,000 -- $331 / Sq Ft
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 $8,189 $111,824 -- --
2024 $8,012 $106,499 -- --
2023 $8,012 $185,230 $37,040 $148,190
2022 $7,660 $143,400 $28,680 $114,720
2021 $7,961 $133,330 $26,660 $106,670
2020 $5,338 $86,880 $17,370 $69,510
2019 $4,102 $51,810 $10,360 $41,450
2018 $3,944 $49,260 $9,850 $39,410
2017 $3,295 $49,730 $9,940 $39,790
2016 $3,205 $44,470 $8,890 $35,580
2015 $2,947 $44,760 $8,950 $35,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5754611

Arizona Regional Multiple Listing Service (ARMLS)

APN: 171-53-049