NOT LISTED FOR SALE

45667 N Us Hwy 60 Morristown, AZ 85342

Estimated Value: $640,030 - $735,000

8.51 Acres
$79,408 Price per Acre
370,696 Sq Ft Lot

Last Sold February 16, 2018

Last sale price $47,000

Est. 1,338% increase in value since last sale

Current estimated payment $3,879/month

268 Days on Market

Highlights

  • 8.51 Acre Lot
  • Mountain View
  • No HOA
  • River Nearby

About This Lot

As of February 2018

Land investment opportunity, zoned both residential & commercial, ideal situation for a home based business that needs highway frontage and easy access for business operations. The larger acreage size allows for plenty of room to set up a combined working and living business & residence. Maximize the return on your land investment by utilizing the zoning opportunities. Beautiful view, custom homes dot the rolling hills in this area, near Lake Pleasant and the historic town of Wickenburg. This area is known for being horse country with the some of largest gathering of ropers in the USA. Located on the west side of the Phoenix Metro area on one of the main business routes. An area proposed for high future growth as a new north south fee-way is proposed west of this location.

Last Agent to Sell the Property

Anjeleigh Trefz

Russ Lyon Sotheby's International Realty License #SA567353000 Listed on: 06/16/2017

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Todd Beal

Arizona Legends Realty License #SA673170000

Property Details

Property Type

  • Land

Lot Details

  • 8.51 Acre Lot
  • Property is zoned Commercial

Schools

  • Morristown Elementary School

Utilities

  • Shared Well
  • Well

Additional Features

  • Mountain Views
  • North or South Exposure

Listing and Financial Details

  • Assessor Parcel Number 503-07-003-E

Community Details

Overview

  • No Home Owners Association

Recreation

  • River Nearby

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Cross Street: Hwy 60 & Hwy 74
  • Legal Info Range: 4W
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Steep Sloping, Rolling, Mountainous, Existing Wash(s), Hillside, Gentle Sloping, Level
  • Zoning: Commercial
  • Tax Year: 2016
  • Directions: Hwy 60 go west past the intersection of Hwy 74 go approximately 3.1 miles, right on Quiet Hills Dr. the property is the first parcel on the left and right side of road.
  • Lot Size Acres: 8.51
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: E
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other, See Remarks, Single Family, Commercial, Industrial, Mobile/Mgf Hme/RV's

Exterior Features

  • Fencing: None
  • Lot Features: Other, See Remarks, Mountain View(s), North/South Exp, Adjacent to Wash, Adjacent to Rvr/Strm
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Domestic Well, Shared Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Morristown Elementary School
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 370478.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 503-07-003-E
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1275.14
  • Tax Book Number: 503.00
  • Tax Lot: -
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Mckenzie Robert O and Mckenzie Barbara A
Bought by
Brady Lawrence M and Brady Patricia L
Current Estimated Value
$675,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,999
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2020
Sold by
Elam Richard C and Elam Lila N
Bought by
Mckenzie Robert O and Mckenzie Barbara A

Purchase Details

Listed on
Jun 16, 2017
Closed on
Feb 12, 2018
Sold by
Bank Of America N A
Bought by
Delpazir Shawna
Seller's Agent
Anjeleigh Trefz
Russ Lyon Sotheby's International Realty
Buyer's Agent
Todd Beal
Arizona Legends Realty
List Price
$59,900
Sold Price
$47,000
Premium/Discount to List
-$12,900
-21.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.43%

Purchase Details

Closed on
Jan 30, 2017
Sold by
Bank Of America Na
Bought by
Bank Of America Na

Purchase Details

Closed on
Jan 23, 2009
Sold by
Elam Lila N and Elam Richard
Bought by
Elam Richard C and Elam Lila N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2008
Sold by
Elam Lila N
Bought by
Elam Lila N and Elam Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2003
Sold by
Elam Richard C
Bought by
Elam Lila N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 2003
Sold by
Jones John P and Jones Erlene D
Bought by
Elam Lila N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 1998
Sold by
Jones John C and Jones Sidney V
Bought by
Jones John P and Jones Erlene D
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
Brady Lawrence M $600,000 Clear Title
Mckenzie Robert O $450,200 Pioneer Title Agency Inc
Delpazir Shawna $47,000 Security Title Agency Inc
Bank Of America Na -- None Available
Elam Richard C -- Fidelity National Title Ins
Elam Lila N -- Lsi
Elam Lila N -- --
Elam Lila N $310,000 --
Jones John P -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckenzie Robert O $399,999
Previous Owner Elam Richard C $240,000
Previous Owner Elam Richard C $250,000
Previous Owner Elam Lila N $245,000
Previous Owner Elam Lila N $224,000
Previous Owner Elam Lila N $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $47,000 -21.5% --
01/15/2018 01/15/18 Pending -- -- --
06/16/2017 06/16/17 For Sale $59,900 0.0% --
06/16/2017 06/16/17 Price Changed $59,900 0.0% --
04/22/2017 04/22/17 For Sale $59,900 -- --
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 $2,699 $26,883 -- --
2024 $3,563 $25,602 -- --
2023 $3,563 $41,910 $8,380 $33,530
2022 $3,543 $34,660 $6,930 $27,730
2021 $2,956 $33,180 $6,630 $26,550
2020 $2,976 $33,070 $6,610 $26,460
2019 $2,759 $29,270 $5,850 $23,420
2018 $2,879 $26,000 $5,200 $20,800
2017 $2,904 $26,450 $5,290 $21,160
2016 $2,740 $31,370 $6,270 $25,100
2015 $3,089 $30,160 $6,030 $24,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5594693

Arizona Regional Multiple Listing Service (ARMLS)

APN: 503-24-033A