NOT LISTED FOR SALE

Estimated Value: $1,477,727 - $1,772,000

0.2 Acre
$8,108,410 Price per Acre
8,817 Sq Ft Lot

Last Sold December 04, 2017

Last sale price $360,000

Est. 387% increase in value since last sale

Current estimated payment $9,844/month

51 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • No HOA
  • Phoenix Coding Academy Rated A

About This Lot

As of December 2017

Located in one of the most desirable pockets of Arcadia Lite, this beautiful irrigated corner lot is prepped and ready to build. Skip the hassle and wait of getting plans drawn up. Survey and stamped architecture plans for a 4 bed, 3.5 bath, 2,700 sq ft home are included. Ample backyard space to enjoy the mountain views and add a pool.

Last Agent to Sell the Property

Brittany Grooms

Tru Realty License #SA669247000 Listed on: 09/12/2017

Last Buyer's Agent

Nathan Anderson

RETSY License #SA668252000

RETSY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,209

Lot Details

  • 8,817 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Property is zoned R1-6

Property Views

  • Mountain Views

Schools

  • Biltmore Preparatory Academy Elementary And Middle School
  • Camelback High School

Community Details

  • No Home Owners Association
  • Palms Parkway 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 170-30-001

Property Details

Property Type

Land

Est. Annual Taxes

$3,209

Lot Details

0

Listing Details

  • Cross Street: 32nd St and Indian School
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Plans Included
  • Zoning: R1-6
  • Tax Year: 2016
  • Lot Size Acres: 0.2
  • Subdivision Name: PALMS PARKWAY 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Mountain View(s)
  • Disclosures: ALTA Survey Alba, None

Utilities

  • Electric: SRP
  • Water Source: City Franchise, Irr Ditch(es)-Lined

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Biltmore Preparatory Academy
  • High School: Camelback High School
  • Middle Or Junior School: Biltmore Preparatory Academy

Lot Info

  • Lot Size: 86' x 103'
  • Lot Size Sq Ft: 8817.0
  • Additional Parcels: No
  • Parcel #: 170-30-001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3208.94
  • Tax Book Number: 170.00
  • Tax Lot: -
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2019
Sold by
Rebuild The Block Llc
Bought by
Gunnala Vinay and Huynh Thu
Current Estimated Value
$1,754,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$868,000
Outstanding Balance
$763,120
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$858,562

Purchase Details

Listed on
Sep 12, 2017
Closed on
Dec 4, 2017
Sold by
Whitehaven Llc
Bought by
Rebuild The Block Llc
Seller's Agent
Brittany Grooms
Tru Realty
Buyer's Agent
Nathan Anderson
RETSY
List Price
$415,000
Sold Price
$360,000
Premium/Discount to List
-$55,000
-13.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.42%
Original Mortgage
$500,000
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 28, 2016
Sold by
Stratton Jessica A
Bought by
Whitehaven Llc

Purchase Details

Closed on
Nov 6, 2006
Sold by
Stratton Jessica A
Bought by
Stratton Christopher and Strattion Jessica A

Purchase Details

Closed on
Jul 6, 2006
Sold by
Stratton Christopher
Bought by
Stratton Jessica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 27, 2006
Sold by
Relocation Advantage Llc
Bought by
Stratton Jessica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 23, 2006
Sold by
Rotchford Christian J and Rotchford Kathryn B
Bought by
Relocation Advantage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 14, 2000
Sold by
Owl Properties
Bought by
Rotchford Christian J and Rotchford Kathryn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
8.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 1997
Sold by
Simpson Bruce A
Bought by
Owl Properties

Purchase Details

Closed on
Dec 14, 1995
Sold by
Simpson Ian C
Bought by
Owl Properties
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
Gunnala Vinay $1,085,000 Equity Title Agency Inc
Rebuild The Block Llc $360,000 Clear Title Agency Of Arizon
Whitehaven Llc $360,000 Chicago Title Agency
Stratton Jessica A -- Chicago Title Agency
Stratton Christopher -- None Available
Wiegand Jessica A -- None Available
Stratton Jessica A -- First American Title Ins Co
Stratton Jessica A $410,000 First American Title
Relocation Advantage Llc $410,000 First American Title
Rotchford Christian J $125,500 Fidelity National Title
Owl Properties -- --
Simpson Bruce A -- --
Simpson Ian C -- --
Simpson James M -- --
Owl Properties -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunnala Vinay $868,000
Previous Owner Rebuild The Block Llc $500,000
Previous Owner Stratton Jessica A $328,000
Previous Owner Relocation Advantage Llc $328,000
Previous Owner Rotchford Christian J $116,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2017 12/04/17 Sold $360,000 -4.0% --
10/30/2017 10/30/17 Price Changed $375,000 -7.4% --
10/19/2017 10/19/17 Price Changed $405,000 -2.4% --
09/11/2017 09/11/17 For Sale $415,000 -- --
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 $8,155 $64,816 -- --
2024 $7,729 $61,730 -- --
2023 $7,729 $97,350 $19,470 $77,880
2022 $7,402 $78,560 $15,710 $62,850
2021 $7,597 $76,630 $15,320 $61,310
2020 $7,398 $72,550 $14,510 $58,040
2019 $3,153 $29,930 $5,980 $23,950
2018 $3,472 $29,110 $5,820 $23,290
2017 $3,338 $26,480 $5,290 $21,190
2016 $3,209 $24,920 $4,980 $19,940
2015 $2,985 $23,280 $4,650 $18,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5658860

Arizona Regional Multiple Listing Service (ARMLS)

APN: 170-30-001