NOT LISTED FOR SALE

40518 N Central Ave Phoenix, AZ 85086

Estimated Value: $634,000 - $882,000

1 Acre
$790,813 Price per Acre
43,560 Sq Ft Lot

Last Sold May 29, 2020

Last sale price $80,000 $51 Per Sq Ft

Est. 889% increase in value since last sale

Current estimated payment $4,472/month

185 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Level Lot
  • Desert Mountain Middle School Rated A-
  • No HOA

About This Lot

As of May 2020

Great Flat Lot... Electricity is ready to go with APS. Plenty of room for horses and all your toys. Features Mountain Views and Beautiful Sun Rises and Sun Sets...Great time to buy land!!! In an area of custom homes, hiking, riding trails of the property. Build your dream home here or buy land for Investment. One of the few remaining prime building lots in the Desert Hills, Carefree, and Cave Creek area. Has shared well but owner has been hauling water.

Last Agent to Sell the Property

Mike Dobbins

Realty ONE Group License #SA584689000 Listed on: 04/26/2020

Realty ONE Group

Last Buyer's Agent

Tom Taranto

Firerock Realty, LLC License #BR045362000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $787

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Property is zoned R-43

Schools

  • Desert Mountain Elementary
  • Boulder Creek High School

Additional Features

  • Mountain Views
  • Horses Allowed On Property
  • Shared Well

Community Details

  • No Home Owners Association
  • Desert Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 211-73-087

Property Details

Property Type

Land

Est. Annual Taxes

$787

Lot Details

0

Listing Details

  • Cross Street: CENTRAL & SADDLE MOUNTAIN
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land, On Site Imp Needed
  • Topography: Level
  • Zoning: R-43
  • Tax Year: 2019
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: DESERT HILLS
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Mobile/Mgf Hme/RV's, Ranch, Rural

Exterior Features

  • Fencing: None
  • Lot Features: Mountain View(s)
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: See Remarks, None

Utilities

  • Electric: APS
  • Water Source: Shared Well, Hauled Water

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Desert Mountain Elementary
  • High School: Boulder Creek High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Desert Mountain Elementary

Lot Info

  • Lot Size: 263 X 165
  • Horse Amenities: Other, See Remarks
  • Lot Size Sq Ft: 43560.0
  • Additional Parcels: No
  • Parcel #: 211-73-087
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 787.0
  • Tax Book Number: 211.00
  • Tax Lot: 0
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Sierra Norte Builders Llc
Bought by
Papini Oscar and Papini Michelle
Current Estimated Value
$790,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$244,606
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$546,207

Purchase Details

Closed on
Mar 2, 2020
Sold by
Gieber Alexander Andras and Gieber Donna L
Bought by
Mulvey Donna L

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 26, 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
$139,000
Sold Price
$116,300
Premium/Discount to List
-$22,700
-16.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%

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 25, 2002
Sold by
Sturm Jennifer L and Schmueckle Jennifer L
Bought by
Harris Merle and Harris Lisa Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2001
Sold by
Robertson Alan B and Robertson Karen L
Bought by
Schmueckle Jennifer L

Purchase Details

Closed on
Feb 28, 2000
Sold by
Design Development Inc
Bought by
Robertson Alan B and Robertson Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,920
Interest Rate
8.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 1998
Sold by
Walton Douglas S
Bought by
Colonial Trust Company and Walton Childrens Irrevocable Trust

Purchase Details

Closed on
Jan 27, 1997
Sold by
Walton Nancy T
Bought by
Walton Douglas S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Papini Oscar $450,000 Yavapai Title Agency
Mulvey Donna L -- None Available
Mulvey Leslie Diane -- None Available
Mulvey Leslie Diane $200,000 Security Title Agency
Anderson John C $570,000 Stewart Title & Trust Of Pho
Harris Merle $134,000 First American Title Ins Co
Schmueckle Jennifer L $116,000 Capital Title Agency
Robertson Alan B $144,000 --
Colonial Trust Company -- --
Walton Douglas S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papini Oscar $270,000
Previous Owner Anderson John C $456,000
Previous Owner Harris Merle $107,200
Previous Owner Robertson Alan B $97,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2020 05/29/20 Sold $80,000 -11.0% $51 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/03/2020 05/03/20 Price Changed $89,900 +3.5% $57 / Sq Ft
04/26/2020 04/26/20 For Sale $86,900 0.0% $55 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
03/12/2020 03/12/20 Price Changed $86,900 -2.4% $55 / Sq Ft
03/05/2020 03/05/20 For Sale $89,000 0.0% $57 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
12/31/2019 12/31/19 For Sale $89,000 0.0% $57 / Sq Ft
12/31/2019 12/31/19 Price Changed $89,000 0.0% $57 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
11/12/2019 11/12/19 For Sale $89,000 -23.5% $57 / Sq Ft
05/27/2014 05/27/14 Sold $116,300 -13.5% $74 / Sq Ft View Prior Sale
05/08/2014 05/08/14 Pending -- -- --
04/22/2014 04/22/14 Price Changed $134,500 -3.2% $86 / Sq Ft
03/25/2014 03/25/14 For Sale $139,000 -- $89 / 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 $3,791 $36,399 -- --
2024 $845 $36,832 -- --
2023 $845 $16,170 $16,170 $0
2022 $815 $8,610 $8,610 $0
2021 $829 $11,160 $11,160 $0
2020 $812 $9,405 $9,405 $0
2019 $787 $7,470 $7,470 $0
2018 $761 $7,395 $7,395 $0
2017 $747 $8,100 $8,100 $0
2016 $1,286 $9,130 $4,350 $4,780
2015 $1,202 $9,830 $5,080 $4,750
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mike Dobbins

    Realty One Group

    Section Image
  • Tom Taranto

    Buyer's Agent in 2020

    Tom Taranto

    Firerock Realty, LLC

    (602) 460-1962

    33 Total Sales

    Tom Taranto
    Section Image
  • Rebecca Palmer

    Seller's Agent in 2014

    Rebecca Palmer

    RE/MAX

    (602) 931-1839

    19 in this area

    73 Total Sales

    Rebecca Palmer
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6004186

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-73-087

Arizona Maricopa County Phoenix 85086

40518 N Central Ave, Phoenix, AZ

Not Listed for Sale

Lots

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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