NOT LISTED FOR SALE

Estimated Value: $326,000 - $607,000

3.22 Acres
$144,161 Price per Acre
140,263 Sq Ft Lot

Last Sold June 27, 2024

Last sale price $700,000

Est. 34% decrease in value since last sale

Current estimated payment $2,521/month

295 Days on Market

Highlights

  • Horses Allowed On Property
  • 3.22 Acre Lot
  • No HOA
  • Franklin at Brimhall Elementary School Rated A

About This Lot

As of June 2024

Introducing an exceptional opportunity to own a prime parcel of land perfectly suited for your dream project. Nestled on a sprawling expanse of 3.2 acres, this flat and easily buildable terrain offers limitless possibilities for your vision to flourish. With convenient access from the main road, this property ensures seamless connectivity while providing a serene and private retreat from the bustling world.

One of the standout features of this property is its proximity to essential utilities. Water and electricity hookups are conveniently located within just half a mile, facilitating a smooth transition from conception to completion. This advantageous setup not only saves valuable time and resources but also enhances the property's desirability, making it an ideal investment opportunity Contact us today to explore the possibilities that await you on this remarkable land.

Last Agent to Sell the Property

Carol Ruzicka

Keller Williams Realty Sonoran Living License #SA541423000 Listed on: 02/26/2024

Keller Williams Realty Sonoran Living

Co-Listed By

James Goodman

Keller Williams Realty Sonoran Living License #SA541422000

Keller Williams Realty Sonoran Living

Last Buyer's Agent

James Goodman

Keller Williams Realty Sonoran Living License #SA541422000

Keller Williams Realty Sonoran Living

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,209

Lot Details

  • 3.22 Acre Lot
  • Block Wall Fence
  • Property is zoned R1-8

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 220-77-055

Property Details

Property Type

Land

Est. Annual Taxes

$1,209

Lot Details

0

Listing Details

  • Cross Street: Broadway and Meridian
  • Legal Info Range: 7E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R1-8
  • Tax Year: 2022
  • Horses: Yes
  • Lot Size Acres: 3.22
  • Co List Office Mls Id: kwaf01
  • Co List Office Phone: 480-759-4300
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other

Exterior Features

  • Fencing: Block
  • Disclosures: Boundary Survey Avlb

Utilities

  • Electric: None
  • Water Source: See Remarks, City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 330 x 424
  • Lot Size Sq Ft: 140103.0
  • Additional Parcels: No
  • Parcel #: 220-77-055
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1209.0
  • Tax Book Number: 220.00
  • Tax Lot: -
  • Tax Map Number: 77.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Jun 27, 2024
Sold by
Rose Michael F
Bought by
Nexstar Homes Llc
Seller's Agent
Carol Ruzicka
Keller Williams Realty Sonoran Living
Buyer's Agent
James Goodman
Keller Williams Realty Sonoran Living
List Price
$875,000
Sold Price
$700,000
Premium/Discount to List
-$175,000
-20%
Views
199
Current Estimated Value
$464,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$235,802
Avg. Annual Appreciation
-22.89%
Original Mortgage
$1,700,000
Outstanding Balance
$1,673,784
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$1,209,586

Purchase Details

Listed on
Feb 26, 2024
Closed on
May 21, 2024
Sold by
Rose Michael F
Bought by
Rose Michael F
Seller's Agent
Carol Ruzicka
Keller Williams Realty Sonoran Living
Buyer's Agent
James Goodman
Keller Williams Realty Sonoran Living
List Price
$875,000
Sold Price
$700,000
Premium/Discount to List
-$175,000
-20%
Views
199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,673,784
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$1,209,586

Purchase Details

Listed on
Feb 26, 2024
Closed on
May 20, 2024
Sold by
Rose Michael F
Bought by
Rose Michael F
Seller's Agent
Carol Ruzicka
Keller Williams Realty Sonoran Living
Buyer's Agent
James Goodman
Keller Williams Realty Sonoran Living
List Price
$875,000
Sold Price
$700,000
Premium/Discount to List
-$175,000
-20%
Views
199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,673,784
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$1,209,586

Purchase Details

Closed on
Dec 29, 2020
Sold by
Rose Michael F
Bought by
Rose Michael F
Source: Public Records
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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
Nexstar Homes Llc $700,000 First American Title Insurance
Rose Michael F -- --
Rose Michael F -- --
Rose Michael F -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nexstar Homes Llc $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2024 06/27/24 Sold $700,000 -20.0% --
03/23/2024 03/23/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $875,000 0.0% --
01/25/2024 01/25/24 Pending -- -- --
10/05/2023 10/05/23 For Sale $875,000 0.0% --
09/29/2023 09/29/23 Off Market $875,000 -- --
06/01/2023 06/01/23 For Sale $875,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,335 -- -- --
2024 $1,238 $12,934 -- --
2023 $1,238 $23,780 $4,750 $19,030
2022 $1,209 $17,510 $3,500 $14,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6561568

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-77-055