NOT LISTED FOR SALE

431 N Margo Dr Vail, AZ 85641

Estimated Value: $492,623 - $624,000

1.04 Acres
$542,698 Price per Acre
45,302 Sq Ft Lot

Last Sold March 04, 2016

Last sale price $44,000 $1 Per Sq Ft

Est. 1,183% increase in value since last sale

Current estimated payment $3,282/month

79 Days on Market

Highlights

  • Horses Allowed in Community
  • Mountain View
  • Level Lot
  • Sycamore Elementary School Rated A

About This Lot

As of March 2016

Flat Acre with a gentle crown that's perfect to maximize mountain views from your future custom home. CR1 zoning allows horses, outbuildings & rural flexibility. With easy topography, no washes, & no HOA, your future home design will be determined by your creativity. 4 mtn ranges are visible from the property w/the Santa Ritas to the south being the closest range. Electric and phone transformers are on the lot corner & Vail Water Co connection is avail at the street. Award winning Vail public schools. Fast access via 50mph paved roads to State Hwy 83 and Interstate 10. Neighboring homes are top notch and recently built. If you love the feeling of wide open space and big skies - this property is for you! Call for finance options.

Last Agent to Sell the Property

Rebecca Patsch

Long Realty Brokerage Phone: 520-349-7322 Listed on: 12/14/2015

Long Realty

Last Buyer's Agent

Andrew Fitzpatrick

Ochoa Realty & Property Management

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $602

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 175 x 260
  • Level Lot
  • Property is zoned Vail - CR1

Schools

  • Acacia Elementary School
  • Corona Foothills Middle School
  • Vail Dist Opt High School

Additional Features

  • Mountain Views
  • Natural Gas Not Available

Community Details

Overview

  • New Tucson Unit No. 25 Subdivision

Recreation

  • Horses Allowed in Community

Property Details

Property Type

Land

Est. Annual Taxes

$602

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Legal Description: NEW TUCSON UNIT NO 25 LOT 18 BLK 2
  • Attribution Contact: 520-349-7322
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fence: None
  • View: Mountain(s)

Utilities

  • Electric: Electric Company
  • Fire Protection: None
  • Gas Company: None
  • Electric Location: Available
  • Water Location: Available

Condo/Co-op/Association

  • Community: None

Association/Amenities

  • Neighborhood Features: Horses Allowed, Legal Access

Lot Info

  • Property Group ID: 19990816212131825981000000
  • Lot Acres: 1.04
  • Lot Dimensions: 175 x 260
  • Lot Features: Subdivided
  • Lot Sq Ft: 45500.00
  • Municipality Zoning: Vail - CR1
  • Lot Features Topography: Flat
  • Lot Sz Price Acre: 47019.23
  • Lot Sz Sold Prc Acre: 42307.69
  • Property Use Type: Residential

Tax Info

  • Tax Code: 305-45-0320
  • Taxes: 601.87
  • Tax Year: 2015

MLS Schools

  • Middle School: Corona Foothills
  • Elementary School: Acacia
  • High School: Vail Dist Opt
  • School District: Vail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Schultz Clair J and Schultz Peggy M
Bought by
Schultz Clair J and Schultz Peggy M
Current Estimated Value
$564,406

Purchase Details

Listed on
Dec 14, 2015
Closed on
Mar 2, 2016
Sold by
Karstens Scott
Bought by
Schultz Clair J
Seller's Agent
Rebecca Patsch
Long Realty
Buyer's Agent
Andrew Fitzpatrick
Ochoa Realty & Property Management
List Price
$44,000
Sold Price
$44,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.50%

Purchase Details

Closed on
Sep 16, 2015
Sold by
Hays Sally
Bought by
Karstens Scott

Purchase Details

Closed on
Nov 15, 2006
Sold by
Karstens Sally A
Bought by
Karstens Scott

Purchase Details

Closed on
Nov 1, 2006
Sold by
Carrasco Frank
Bought by
Carrasco Catherine
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
Schultz Clair J -- None Available
Schultz Clair J -- None Available
Schultz Clair J $44,000 Title Security Agency
Karstens Scott -- Premier
Karstens Scott -- Premier
Karstens Scott -- Ttise
Karstens Scott $120,000 Ttise
Carrasco Catherine -- Title Security
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2016 03/04/16 Sold $44,000 0.0% $1 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $44,000 -- $1 / Sq Ft
Source: MLS of Southern Arizona

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 $3,965 $34,738 -- --
2024 $3,761 $33,083 -- --
2023 $3,708 $31,508 $0 $0
2022 $3,504 $30,008 $0 $0
2021 $3,602 $27,218 $0 $0
2020 $3,471 $27,218 $0 $0
2019 $3,450 $30,147 $0 $0
2018 $3,673 $3,225 $0 $0
2017 $495 $3,225 $0 $0
2016 $529 $3,525 $0 $0
2015 $602 $4,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21533246

MLS of Southern Arizona

APN: 305-45-0320