NOT LISTED FOR SALE

42215 N 261st Ave Morristown, AZ 85342

Estimated Value: $75,824 - $233,000

2.8 Acres
$53,193 Price per Acre
121,968 Sq Ft Lot

Last Sold July 13, 2012

Last sale price $6,500

Est. 2,191% increase in value since last sale

Current estimated payment $842/month

358 Days on Market

About This Lot

As of July 2012

LENDER OWNED! NOT A SHORT SALE! This property has 2.8 acres in Morristown, close to Wickenburg, Wittmann, Surprise with mountain views. Sold ''as is'' and ''where is'' with no seller representations or warranties expressed or implied.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 06/30/2011

Co-Listed By

Esther Gallardo

West USA Realty License #BR523184000

Last Buyer's Agent

Ken Hardison

50 STATES Realty License #SA104454000

Property Details

Property Type

  • Land

Lot Details

  • 2.8 Acre Lot
  • Property is zoned R-43

Property Views

  • Mountain Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 503-22-021-L

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Cross Street: Highway 74 and 261st AVE
  • Legal Info Range: 4W
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-43
  • Tax Year: 2010
  • Directions: 60 Grand to 74, Go right approximately 1/4 mile, go left on 261st Avenue. Property is on left.
  • Horses: No
  • Lot Size Acres: 2.8
  • Road Surface Type: Gravel, Dirt
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: None
  • Tax Parcel Letter: L
  • View:Mountain View(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • View: Mountain(s)
  • Disclosures: None

Utilities

  • Electric: Other (See Rmks)
  • Water Source: See Remarks, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: irregular
  • Lot Size Sq Ft: 122097.0
  • Additional Parcels: No
  • Parcel #: 503-22-021-L

Tax Info

  • Tax Annual Amount: 1419.0
  • Tax Book Number: 503.00
  • Tax Lot: 0
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Kh Land Llc
Bought by
Bybee Greg W and Bybee Kathleen A
Total Days on Market
358
Current Estimated Value
$148,941

Purchase Details

Closed on
Oct 3, 2012
Sold by
Xh Land Llc
Bought by
Kh Land Llc

Purchase Details

Listed on
Jun 30, 2011
Closed on
Jun 27, 2012
Sold by
Dhb Real Estate Llc
Bought by
Kh Land Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Ken Hardison
50 STATES Realty
List Price
$19,900
Sold Price
$6,500
Premium/Discount to List
-$13,400
-67.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.83%

Purchase Details

Closed on
Oct 14, 2009
Sold by
Desert Hills Bank
Bought by
Dhb Real Estate Llc

Purchase Details

Closed on
Jan 16, 2008
Sold by
Schmidt Greg and Schmidt Connie
Bought by
Desert Hills Bank

Purchase Details

Closed on
Feb 17, 2006
Sold by
Porter David C and Wells Porter Robin
Bought by
Schmidt Gregory L and Schmidt Connie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2006
Sold by
Neitz Barry L and Neitz Jan
Bought by
Cimera Brown Karen and Stepovich Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2005
Sold by
Tapia Leroy
Bought by
Porter David C and Wells Porter Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 1994
Sold by
Alford Harold M and Elaine Alford J
Bought by
Husband Kenneth W and Husband Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
9.03%
Mortgage Type
New Conventional
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
Bybee Greg W $59,900 Driggs Title Agency Inc
Kh Land Llc $3,250 None Available
Kh Land Llc $65,000 Fidelity National Title Ins
Dhb Real Estate Llc -- None Available
Desert Hills Bank $145,000 None Available
Schmidt Gregory L $210,000 Transnation Title Ins Co
Cimera Brown Karen $158,000 Chicago Title Insurance Co
Porter David C $185,000 Transnation Title
Husband Kenneth W $100,580 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neitz Barry L $123,352
Previous Owner Neitz Barry L $36,983
Previous Owner Cimera Brown Karen $58,000
Previous Owner Porter David C $148,000
Previous Owner Husband Kenneth W $95,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2012 07/13/12 Sold $6,500 -67.3% --
06/21/2012 06/21/12 Pending -- -- --
06/29/2011 06/29/11 For Sale $19,900 -- --
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 $381 $3,799 $3,799 --
2024 $370 $3,618 $3,618 --
2023 $370 $13,425 $13,425 $0
2022 $368 $7,455 $7,455 $0
2021 $357 $4,545 $4,545 $0
2020 $361 $3,015 $3,015 $0
2019 $329 $2,835 $2,835 $0
2018 $382 $4,035 $4,035 $0
2017 $373 $4,815 $4,815 $0
2016 $353 $5,040 $5,040 $0
2015 $414 $2,720 $2,720 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4609220

Arizona Regional Multiple Listing Service (ARMLS)

APN: 503-22-021L