$95,000
SOLD MAY 9, 2025

403 W Olive Rd Unit 16 Tonopah, AZ 85354

20.03 Acres
$4,743 Price per Acre
872,507 Sq Ft Lot

Recently Sold

37% Below List Price

525 Days on Market

About This Lot

As of May 2025

Size: 20 AcresZoning: RU-190Price: $110,000Comments:Excellent speculative investment or 1031 exchange.Cheap price per acre with huge upside potentialSeller financing available with 20% down, 10% interest, 7-10 year balloon.

Last Agent to Sell the Property

Jeremy Lovejoy

Insight Land & Investments License #BR541645000 Listed on: 11/14/2023

Last Buyer's Agent

Mike Cave

Arizona Premier Realty Homes & Land, LLC License #SA576320000

Arizona Premier Realty Homes & Land, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12

Lot Details

  • 20.03 Acre Lot
  • Property is zoned RU-190

Community Details

  • No Home Owners Association
  • Silver Star Ranch 2Nd Amd Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 506-37-090-B

Property Details

Property Type

Land

Est. Annual Taxes

$12

Lot Details

0

Listing Details

  • Cross Street: 401st Ave & Mountain View Rd
  • Legal Info Range: 6W
  • Property Type: Land
  • Zoning: RU-190
  • Tax Year: 2023
  • Lot Size Acres: 20.03
  • Subdivision Name: SILVER STAR RANCH 2ND AMD
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Saddle Mountain Unified School District

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 872463.0
  • Additional Parcels: No
  • Parcel #: 506-37-090-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12.0
  • Tax Book Number: 506.00
  • Tax Lot: 16
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2025
Sold by
Araquari Llc
Bought by
Araquari Llc

Purchase Details

Listed on
Nov 14, 2023
Closed on
Apr 24, 2025
Sold by
Neal Management Llc
Bought by
Araquari Llc
Seller's Agent
Jeremy Lovejoy
Insight Land & Investments
Buyer's Agent
Mike Cave
Arizona Premier Realty Homes & Land, LLC
List Price
$150,000
Sold Price
$95,000
Premium/Discount to List
-$55,000
-36.67%
Views
43

Purchase Details

Closed on
Oct 27, 2008
Sold by
Malad Inc
Bought by
Neal Management Llc

Purchase Details

Closed on
Oct 19, 2005
Sold by
Malad Inc
Bought by
Powell Kimberly Cullison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.67%
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
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed $95,000 Pioneer Title Agency
Deed In Lieu Of Foreclosure $195,000 Landamerica Title Agency
Special Warranty Deed $390,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $195,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $95,000 -9.5% --
04/23/2025 04/23/25 Pending -- -- --
10/31/2024 10/31/24 Price Changed $105,000 -4.5% --
04/03/2024 04/03/24 Price Changed $110,000 -15.4% --
01/29/2024 01/29/24 Price Changed $130,000 -13.3% --
11/14/2023 11/14/23 For Sale $150,000 -- --
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 $12 $120 $120 --
2024 $12 $120 $120 --
2023 $12 $120 $120 $0
2022 $12 $120 $120 $0
2021 $12 $120 $120 $0
2020 $12 $120 $120 $0
2019 $12 $120 $120 $0
2018 $15 $150 $150 $0
2017 $18 $180 $180 $0
2016 $21 $210 $210 $0
2015 $22 $224 $224 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Lovejoy

    Seller's Agent in 2025

    Jeremy Lovejoy

    Insight Land & Investments

    (602) 385-1525

    264 Total Sales

    Jeremy Lovejoy
    Section Image
  • Mike Cave

    Buyer's Agent in 2025

    Mike Cave

    Arizona Premier Realty Homes & Land, LLC

    (602) 410-7660

    1,039 Total Sales

    Mike Cave
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6630530

Arizona Regional Multiple Listing Service (ARMLS)

APN: 506-37-090B

Arizona Maricopa County Tonopah 85354

403 W Olive Rd Unit 16, Tonopah, AZ

This home is located at 403 W Olive Rd Unit 16, Tonopah, AZ 85354 and is currently priced at $95,000. 403 W Olive Rd Unit 16 is a home located in Maricopa County with nearby schools including Ruth Fisher Elementary School, Winters Well Elementary School, and Tonopah Valley High School.

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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