NOT LISTED FOR SALE

40521 W Magnolia Rd Maricopa, AZ 85138

Estimated Value: $221,500

1.25 Acres
$177,200 Price per Acre
54,450 Sq Ft Lot

Last Sold July 05, 2019

Last sale price $69,000

Est. 221% increase in value since last sale

Current estimated payment $1,456/month

691 Days on Market

About This Lot

As of July 2019

Prime Location in the growing City of Maricopa! Great location for a new up and coming business! This property is located right next to the Maricopa Post Office and other new businesses. 1.25 acres of possibilities for this piece of property. Manufactured home on property is in its AS IS condition and owner selling property for the land value. MH home has no value.

Last Agent to Sell the Property

Melissa Camargo

Ivory Towers Realty License #SA538490000 Listed on: 08/08/2017

Last Buyer's Agent

Rosalinda O'Hare

Real Broker License #SA682021000

Real Broker

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $755

Lot Details

  • 1.25 Acre Lot
  • Property is zoned GR

Mobile Home

Additional Features

  • North or South Exposure
  • Shared Well

Community Details

  • No Home Owners Association
  • S25 T4s R3e Subdivision

Listing and Financial Details

  • Assessor Parcel Number 510-71-021

Property Details

Property Type

Land

Est. Annual Taxes

$755

Lot Details

0

Listing Details

  • Cross Street: Porter & Honeycutt
  • Legal Info Range: 03E
  • Property Type: Land
  • Zoning: GR
  • Tax Year: 2016
  • Directions: From HWY 347, East on Honeycutt Rd., South on Gun Smoke Rd., East on Magnolia to property situated on south side of road. (sign on property)
  • Lot Size Acres: 1.25
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: S25 T4S R3E
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Commercial, Rural

Exterior Features

  • Fencing: Other, See Remarks
  • Lot Features: North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: Mobile Home

Utilities

  • Electric: Other (See Rmks)
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 163X335
  • Lot Size Sq Ft: 54450.0
  • Additional Parcels: No
  • Parcel #: 510-71-021
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 755.0
  • Tax Book Number: 510.00
  • Tax Lot: 0
  • Tax Map Number: 71.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Nazeem Mohammed and Nazeem Farzana Afroza
Bought by
Mfn Family Trust and Nazeem
Total Days on Market
691
Current Estimated Value
$221,500

Purchase Details

Listed on
Aug 8, 2017
Closed on
Jul 3, 2019
Sold by
Lechuga Phoebe
Bought by
Mohammed Nazeem and Nazeem Farzana Afroza
Seller's Agent
Melissa Camargo
Ivory Towers Realty
Buyer's Agent
Rosalinda O'Hare
Real Broker
List Price
$150,000
Sold Price
$69,000
Premium/Discount to List
-$81,000
-54%

Purchase Details

Closed on
Jul 26, 1995
Sold by
Littell Beverly
Bought by
Lechuga Alvaro and Lechuga Phoebe
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mfn Family Trust -- None Listed On Document
Mfn Family Trust -- None Listed On Document
Mohammed Nazeem $69,000 Allied Title Agency Llc
Lechuga Alvaro $19,190 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lechuga Phoebe $31,853
Closed Lechuga Alvaro $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2019 07/05/19 Sold $69,000 -54.0% --
06/17/2019 06/17/19 Pending -- -- --
07/26/2017 07/26/17 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 $8,502 -- -- --
2024 $776 -- -- --
2023 $8,849 $3,610 $3,494 $116
2022 $776 $3,600 $3,494 $106
2021 $969 $3,598 $0 $0
2020 $1,193 $4,782 $0 $0
2019 $885 $4,778 $0 $0
2018 $865 $4,776 $0 $0
2017 $824 $4,777 $0 $0
2016 $754 $4,777 $4,681 $96
2014 $706 $3,297 $3,125 $172
Source: Public Records

Agents Affiliated with this Home

  • Melissa Camargo

    Seller's Agent in 2019

    Melissa Camargo

    Ivory Towers Realty

    (520) 560-3536

    222 Total Sales

    Melissa Camargo
    Section Image
  • Rosalinda O'Hare

    Buyer's Agent in 2019

    Rosalinda O'Hare

    Real Broker

    (480) 570-6993

    15 in this area

    64 Total Sales

    Rosalinda O'Hare
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5643725

Arizona Regional Multiple Listing Service (ARMLS)

APN: 510-71-021

Arizona Pinal County Maricopa 85138

40521 W Magnolia Rd, Maricopa, AZ

This home is located at 40521 W Magnolia Rd, Maricopa, AZ 85138 since 08 August 2017 and is currently priced at $221,500. 40521 W Magnolia Rd is a home located in Pinal County with nearby schools including Saddleback Elementary School, Maricopa High School, and Desert Wind Middle 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

Nearby Homes