NOT LISTED FOR SALE

Estimated Value: $1,564,000 - $1,923,000

0.22 Acre
$8,025,523 Price per Acre
9,670 Sq Ft Lot

Last Sold May 01, 2015

Last sale price $300,000

Est. 489% increase in value since last sale

Current estimated payment $9,709/month

5 Days on Market

About This Lot

As of May 2015

Tremendous investment opportunity for a vacant lot in a beautiful, mature, quiet portion of Arcadia. Current owner demo'd previous home, and foundation of home remains. Original bricks from previous home have all been salvaged and are stacked and available for new owner to use as desired. Large .22 acre flood irrigated lot. All utilities available on site. Property connected to sewer. Two newly built homes on similar lots immediately behind this property recently sold for $630K and $710K. Great location, away from any busy streets, entire neighborhood very well maintained with tremendous pride of ownership. Don't miss this opportunity.

Last Agent to Sell the Property

Max Shadle

Redfin Corporation License #SA578873000 Listed on: 04/05/2015

Redfin Corporation

Last Buyer's Agent

Max Shadle

Redfin Corporation License #SA578873000 Listed on: 04/05/2015

Redfin Corporation

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,539

Lot Details

  • 9,670 Sq Ft Lot
  • Block Wall Fence

Eco-Friendly Details

  • North or South Exposure

Schools

  • Tavan Elementary School
  • Ingleside Middle School
  • Arcadia High School

Community Details

  • No Home Owners Association
  • Rancho Ventura Tr 21 Subdivision

Listing and Financial Details

  • Tax Lot 569
  • Assessor Parcel Number 127-16-064

Property Details

Property Type

Land

Est. Annual Taxes

$1,539

Lot Details

0

Listing Details

  • Cross Street: 40th St and Indian School
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: Residential
  • Tax Year: 2014
  • Directions: South on 40th St, then east on Mitchell Dr. Property is near the end of the street on the north side of Mitchell.
  • Lot Size Acres: 0.22
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Alley
  • Subdivision Name: RANCHO VENTURA TR 21
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Lot Features: North/South Exp
  • Disclosures: Seller Prop Disc Stm, Other (See Rmks)

Utilities

  • Electric: SRP

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Tavan Elementary School
  • High School: Arcadia High School
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: 78 X 125
  • Horse Amenities: Other
  • Lot Size Sq Ft: 9670.0
  • Additional Parcels: No
  • Parcel #: 127-16-064
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1539.0
  • Tax Book Number: 127.00
  • Tax Lot: 569
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2020
Sold by
Lachapelle Robert Patrick and Lachapelle Kathryn Anne
Bought by
Dobric Marsha M and Dobric Daniel M
Current Estimated Value
$1,765,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$819,000
Outstanding Balance
$736,640
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$944,136

Purchase Details

Closed on
Mar 22, 2017
Sold by
Gould Scott
Bought by
Lachapelle Robert Patrick and Lachapelle Kathryn Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,124
Interest Rate
4.16%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 5, 2015
Closed on
Apr 27, 2015
Sold by
Kloeber Kimberly A
Bought by
Gould Scott A
Seller's Agent
Max Shadle
Redfin Corporation
Buyer's Agent
Max Shadle
Redfin Corporation
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.00%
Original Mortgage
$213,750
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2013
Sold by
Davis Richard M
Bought by
Kloeber Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 1994
Sold by
Davis Barbara Jean
Bought by
Davis Daley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 1994
Sold by
Furr Laverne A
Bought by
Davis Daley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Dobric Marsha M $1,170,000 Wfg National Title Ins Co
Lachapelle Robert Patrick $825,000 None Available
Gould Scott A $300,000 Magnus Title Agency
Kloeber Kimberly A $225,000 Chicago Title Agency Inc
Davis Daley L -- Transamerica Title Ins Co
Davis Daley L $106,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dobric Marsha M $819,000
Previous Owner Lachapelle Robert Patrick $717,124
Previous Owner Gould Scott A $213,750
Previous Owner Kloeber Kimberly A $168,750
Previous Owner Davis Daley L $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2015 05/01/15 Sold $300,000 -6.3% --
04/10/2015 04/10/15 Pending -- -- --
04/05/2015 04/05/15 For Sale $320,000 -- --
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 $4,617 $65,211 -- --
2024 $4,514 $62,106 -- --
2023 $4,514 $102,050 $20,410 $81,640
2022 $4,308 $82,500 $16,500 $66,000
2021 $4,484 $76,600 $15,320 $61,280
2020 $4,410 $71,610 $14,320 $57,290
2019 $4,232 $62,600 $12,520 $50,080
2018 $4,096 $58,360 $11,670 $46,690
2017 $3,874 $58,850 $11,770 $47,080
2016 $757 $10,020 $10,020 $0
2015 $726 $9,168 $9,168 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5260986

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-16-064