NOT LISTED FOR SALE

Estimated Value: $2,638,000 - $3,549,000

1.36 Acres
$2,298,774 Price per Acre
59,242 Sq Ft Lot

Last Sold August 20, 2019

Last sale price $260,000

Est. 1,102% increase in value since last sale

Current estimated payment $17,095/month

2,438 Days on Market

Highlights

  • 1.36 Acre Lot
  • Chandler Traditional Academy - Liberty Campus Rated A
  • Cul-De-Sac

About This Lot

As of August 2019

Massive Price Reduction - Seller Wants Sold!! 1.36 Acre, Premium Lot for Sale!! Inventory is shrinking in Gilbert! Leveled & Ready to Build. Perfectly nestled in Cul-de-Sac with N/S exposure, irrigation, HORSE PRIVILEGES, vinyl fencing, City Services & Cable/PH/Water/Electric already on property. Geological Study found NO FISSURES. Property located on private, paved street w/ ribbon curbing surrounded by Million $+++ Custom Homes. A-Rated School District! It is less than 1 mi to developed shopping centers w/ gas, car wash, Basha's & more. Property is part of Perkins Ranch Subdivision w/ HOA & CC&R's. Rich & Mature trees greet you as you turn off of Ray Rd. Enjoy Rural Lifestyle w/ Metropolitan conveniences. All offers will be considered!!

Last Agent to Sell the Property

Tina Garcia

Realty ONE Group License #SA571271000 Listed on: 12/04/2012

Co-Listed By

Rudy Mohamed

Realty ONE Group License #SA641651000

Last Buyer's Agent

Tina Garcia

Realty ONE Group License #SA571271000 Listed on: 12/04/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,217

Lot Details

  • 1.36 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $42 Monthly HOA Fees

Eco-Friendly Details

  • North or South Exposure

Schools

  • Settler's Point Elementary School
  • South Valley Jr. High Middle School
  • Mesquite High School

Community Details

  • Private Association, Phone Number (480) 539-9111
  • Perkins Ranch Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 302-83-961

Property Details

Property Type

Land

Est. Annual Taxes

$2,217

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Cross Street: Gilbert/Ray
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: On Site Imp Cmplete
  • Zoning: Res
  • Tax Year: 2012
  • Directions: W on Ray, S (Lt) on 131st St., E (Lt) on Patrick St. - Lot is b/t Brick Home & New Custom Home on S side of Patrick. Sign on property
  • Lot Size Acres: 1.36
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: myhg01
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: Perkins Ranch
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Other, See Remarks
  • Lot Features: Cul-De-Sac, North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

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

Condo/Co-op/Association

  • Annual HOA Fees: 500.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 480-539-9111
  • HOA Transfer Fee: 200.0
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association Name: Private
  • Phone: 480-539-9111
  • Association: Yes

Schools

  • Elementary School: Settler's Point Elementary
  • High School: Mesquite High School
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Lot Size: 210 x 282
  • Lot Size Sq Ft: 59272.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 302-83-961
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2217.0
  • Tax Book Number: 302.00
  • Tax Lot: 5
  • Tax Map Number: 83.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
James J Wallin Trust and Wallin James J
Bought by
Kaye Kory S and Kaye Brittany N
Current Estimated Value
$3,126,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,568,750
Outstanding Balance
$2,534,411
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$591,922

Purchase Details

Closed on
Dec 5, 2022
Sold by
Wallin James
Bought by
James J Wallin Trust

Purchase Details

Listed on
Dec 4, 2012
Closed on
Aug 20, 2019
Sold by
Tahiliani Pam
Bought by
Wallin James
Seller's Agent
Tina Garcia
Realty ONE Group
Buyer's Agent
Tina Garcia
Realty ONE Group
List Price
$290,000
Sold Price
$260,000
Premium/Discount to List
-$30,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.84%

Purchase Details

Closed on
Oct 19, 2006
Sold by
Ashby Richard A
Bought by
Tahiliani Pam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,700
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2005
Sold by
Perkins Wanda
Bought by
Ashby Richard A
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
Kaye Kory S $3,425,000 Title Services Of The Valley
James J Wallin Trust -- --
Wallin James $260,000 Lawyers Title Of Arizona Inc
Tahiliani Pam $385,000 First American Title Ins Co
Ashby Richard A $151,700 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaye Kory S $2,568,750
Previous Owner Tahiliani Pam $288,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2019 08/20/19 Sold $260,000 -10.3% --
12/04/2012 12/04/12 For Sale $290,000 -- --
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 $5,732 $69,557 -- --
2024 $6,206 $66,244 -- --
2023 $6,206 $130,160 $26,030 $104,130
2022 $6,011 $89,680 $17,930 $71,750
2021 $3,235 $44,070 $8,810 $35,260
2020 $3,006 $35,145 $35,145 $0
2019 $2,899 $31,080 $31,080 $0
2018 $2,815 $30,465 $30,465 $0
2017 $2,653 $23,055 $23,055 $0
2016 $2,565 $22,485 $22,485 $0
2015 $2,619 $24,352 $24,352 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4858335

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-83-961