NOT LISTED FOR SALE

40502 N Central Ave Unit 211-73-090 Phoenix, AZ 85086

Estimated Value: $379,000 - $1,053,000

1 Acre
$655,667 Price per Acre
43,560 Sq Ft Lot

Last Sold May 27, 2014

Last sale price $41,850

Est. 1,467% increase in value since last sale

Current estimated payment $3,529/month

44 Days on Market

Highlights

  • Mountain View
  • Desert Mountain Middle School Rated A-
  • No HOA

About This Lot

As of May 2014

Incredible opportunity to invest in Desert Hills Land. This property is over an acre and comes with a well share and power. There is a nice buildable site on the North side of the property. Mountain view are amazing. Exceptional custom homes sit to the north. Excellent time to invest in land. This is one of two sister acre lots for sale, same seller. Property is sold as is with no warranties, no guarantees. Buyer to verify all information.

Last Agent to Sell the Property

Rebecca Palmer

Re/Max Fine Properties License #SA535644000 Listed on: 03/27/2014

Re/Max Fine Properties

Last Buyer's Agent

Mike Dobbins

Realty ONE Group License #SA584689000

Realty ONE Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $621

Lot Details

  • 1 Acre Lot
  • Additional Parcels

Schools

  • Desert Mountain Elementary
  • Boulder Creek High School

Additional Features

  • Mountain Views
  • Shared Well

Community Details

  • No Home Owners Association
  • Desert Hills Area Subdivision

Listing and Financial Details

  • Tax Lot 211-73-090
  • Assessor Parcel Number 211-73-090

Property Details

Property Type

Land

Est. Annual Taxes

$621

Lot Details

0

Listing Details

  • Cross Street: Carefree Hwy & 7th Ave
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: RES
  • Tax Year: 2013
  • Directions: Go North all the way to Saddle Mountain Road turn East and go down to Central, turn north and property will be on the west side. Look for my sign
  • Lot Size Acres: 1.0
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: Desert Hills Area
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Mountain View(s), Adjacent to Wash
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Shared Well, Check Availability

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Desert Mountain Elementary
  • High School: Boulder Creek High School
  • Middle Or Junior School: Desert Mountain Elementary

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 43565.0
  • Additional Parcels: Yes
  • Parcel #: 211-73-090
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 620.68
  • Tax Book Number: 211.00
  • Tax Lot: 211-73-090
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2019
Sold by
Mulvey Leslie Diane and Mulvey Donna L
Bought by
Thorpe Thomas Foton and Thorpe Athena
Current Estimated Value
$655,667

Purchase Details

Closed on
Sep 25, 2018
Sold by
Mulvey Leslie Diane
Bought by
Mulvey Leslie Diane and Mulvey Donna L

Purchase Details

Listed on
Mar 27, 2014
Closed on
May 12, 2014
Sold by
Bmo Harris Bank Na
Bought by
Mulvey Leslie Diane
Seller's Agent
Rebecca Palmer
Re/Max Fine Properties
Buyer's Agent
Mike Dobbins
Realty ONE Group
List Price
$54,500
Sold Price
$41,850
Premium/Discount to List
-$12,650
-23.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.30%

Purchase Details

Closed on
Feb 21, 2014
Sold by
Anderson John C
Bought by
Bmo Harris Bank Na

Purchase Details

Closed on
Nov 22, 2005
Sold by
Harris Merle and Harris Lisa Beth
Bought by
Anderson John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2005
Sold by
Yarbrough Sharon R
Bought by
Harris Merle and Harris Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.92%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2001
Sold by
Robertson Alan B and Robertson Karen L
Bought by
Christensen Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2001
Sold by
Christensen Debbie
Bought by
Yarbrough Sharon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 1999
Sold by
Colonial Trust Company
Bought by
Design Development Inc
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
Thorpe Thomas Foton $115,000 Grand Canyon Title Agency
Mulvey Leslie Diane -- None Available
Mulvey Leslie Diane $200,000 Security Title Agency
Bmo Harris Bank Na $163,246 Security Title Agency
Anderson John C $570,000 Stewart Title & Trust Of Pho
Harris Merle $255,000 Ticor Title Agency Of Az Inc
Christensen Debbie $15,000 American Title Insurance
Yarbrough Sharon R $127,500 American Title Insurance
Design Development Inc $67,500 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson John C $456,000
Previous Owner Harris Merle $255,000
Previous Owner Yarbrough Sharon R $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2014 05/27/14 Sold $41,850 -23.2% --
05/08/2014 05/08/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $54,500 -- --
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 $769 $6,534 $6,534 --
2024 $732 $6,223 $6,223 --
2023 $732 $12,525 $12,525 $0
2022 $706 $8,040 $8,040 $0
2021 $719 $9,585 $9,585 $0
2020 $704 $8,130 $8,130 $0
2019 $682 $6,210 $6,210 $0
2018 $660 $6,450 $6,450 $0
2017 $648 $7,020 $7,020 $0
2016 $701 $5,920 $3,820 $2,100
2015 $648 $6,500 $4,430 $2,070
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Palmer

    Seller's Agent in 2014

    Rebecca Palmer

    RE/MAX

    (602) 931-1839

    19 in this area

    72 Total Sales

    Rebecca Palmer
    Section Image

  • M

    Buyer's Agent in 2014

    Mike Dobbins

    Realty One Group

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5090705

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-73-090

Arizona Maricopa County Phoenix 85086

40502 N Central Ave Unit 211-73-090, Phoenix, AZ

This home is located at 40502 N Central Ave Unit 211-73-090, Phoenix, AZ 85086 since 27 March 2014 and is currently estimated at $655,667. 40502 N Central Ave Unit 211-73-090 is a home located in Maricopa County with nearby schools including Desert Mountain Middle School and Boulder Creek 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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