NOT LISTED FOR SALE

4855 E Gandalf Ln Unit 3 Flagstaff, AZ 86004

Estimated Value: $3,283,109 - $3,693,000

3.82 Acres
$925,228 Price per Acre
166,399 Sq Ft Lot

Last Sold October 25, 2018

Last sale price $275,000

Est. 1,185% increase in value since last sale

Current estimated payment $19,488/month

6 Days on Market

Highlights

  • Mountain View
  • Cul-De-Sac
  • Property is near a preserve or public land

About This Lot

As of October 2018

Exclusive, estate sized lots located 5 minutes to downtown Flagstaff. Only 14 total lots in the subdivision, ranging from 3 to 4 acres each in a quiet cul-de-sac. Covered in large Ponderosa pines, the large lots on the west side look over the ridge and out to San Francisco Peaks, backing a large amount of city owned open space land. The views are breathtaking. The lots on the east side are 400+ feet wide and offer a secluded, quiet, exclusive feel that is rare this close in to town. There is golf, hiking and walking trails within minutes. All utilities are available including sewer. Minimal topography on the fronts of each lot allows for large buildable areas. This is truly a unique opportunity that is rare in this kind of location in Flagstaff.

Last Agent to Sell the Property

Patrick Burch

ABI Multifamily License #BR515118000 Listed on: 09/12/2018

Co-Listed By

John Klocek

ABI Multifamily License #SA657592000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,598

Lot Details

  • 3.82 Acre Lot
  • Cul-De-Sac
  • Property is zoned P.U.R.D.

HOA Fees

  • $58 Monthly HOA Fees

Property Views

  • Mountain Views

Community Details

  • Forest Ridge Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 106-08-008

Property Details

Property Type

Land

Est. Annual Taxes

$3,598

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Cross Street: Butler Ave. and Mount Pleasant Dr.
  • Legal Info Range: 07E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv, Off Site Imp Complte, On Site Imp Cmplete
  • Zoning: P.U.R.D.
  • Tax Year: 2018
  • Directions: Butler Ave. and Mount Pleasant Dr. Directions: South on Mount Pleasant Dr. from Butler to the end. Right (west) on Lake Hills Dr. First Right (north) on Gandalf Ln. into the Forest Ridge Cul-De-Sac.
  • Lot Size Acres: 3.82
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: FOREST RIDGE
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Mountain View(s), Adjacent to Wash, Border Common Area, Borders Pres/Pub Lnd
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 700.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: -
  • Association Fee: 700.0
  • Association Fee Frequency: Annually
  • Association Name: -
  • Phone: -
  • Association: Yes

Lot Info

  • Lot Size: IRREGULAR
  • Lot Size Sq Ft: 166399.0
  • Additional Parcels: No
  • Parcel #: 106-08-008
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3598.0
  • Tax Book Number: 106.00
  • Tax Lot: 3
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2024
Sold by
Pierson Richard and Pierson Tiffany
Bought by
Richard Pierson Trust and Pierson
Current Estimated Value
$3,534,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,461,475
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,072,895

Purchase Details

Closed on
May 13, 2024
Sold by
Goodwin John M and Goodwin Kathleen A
Bought by
Pierson Richard and Pierson Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,461,475
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,072,895

Purchase Details

Closed on
Feb 16, 2021
Sold by
Ferguson Karen A and Ferguson Ronney
Bought by
Goodwin John M and Goodwin Kathleen A

Purchase Details

Closed on
Oct 30, 2020
Sold by
Ferguson Ronney Lynn and Ferguson Karen A
Bought by
Ferguson Ronney Lynn and Ferguson Karen A
Source: Public Records

Range of Values:

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Average Value
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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
Richard Pierson Trust -- --
Pierson Richard -- Premier Title
Pierson Richard $3,575,000 Premier Title
Goodwin John M $430,000 Pioneer Title Agency Inc
Ferguson Ronney Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierson Richard $2,500,000
Closed Pierson Richard $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2018 10/25/18 Sold $275,000 -1.8% --
09/17/2018 09/17/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $279,900 -- --
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 $8,961 $190,467 -- --
2024 $8,961 $145,537 -- --
2023 $3,906 $48,245 $0 $0
2022 $3,667 $43,798 $0 $0
2021 $3,565 $41,250 $0 $0
2020 $3,640 $41,250 $0 $0
2019 $3,699 $43,344 $0 $0
2018 $3,598 $43,344 $0 $0
2017 $3,384 $36,919 $0 $0
2016 $3,534 $36,919 $0 $0
2015 $3,726 $39,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5818763

Arizona Regional Multiple Listing Service (ARMLS)

APN: 106-08-008