NOT LISTED FOR SALE

48855 N Fig Springs Rd New River, AZ 85087

Estimated Value: $144,000 - $193,000

3.03 Acres
$55,611 Price per Acre
131,987 Sq Ft Lot

Last Sold December 07, 2020

Last sale price $50,000

Est. 237% increase in value since last sale

Current estimated payment $976/month

43 Days on Market

Highlights

  • Horses Allowed On Property
  • 3.03 Acre Lot
  • No HOA
  • New River Elementary School Rated A-
  • Mountain View
  • Gentle Sloping Lot

About This Lot

As of December 2020

Property flyer in box on post sign. New River is an up and coming area in the Phoenix NW valley. Huge lot, ideal for horses, micro ranching or building the home of your dreams at a fantastic price.

Last Agent to Sell the Property

Debra Welsh

Century 21 Northwest License #SA672017000 Listed on: 09/28/2020

Century 21 Northwest

Last Buyer's Agent

Marcel Fernandez

HomeSmart License #SA512245000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $409

Lot Details

  • 3.03 Acre Lot
  • Gentle Sloping Lot
  • Property is zoned R-43

Schools

  • Desert Canyon Elementary School
  • Deer Valley Middle School
  • Boulder Creek High School

Additional Features

  • Mountain Views
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 202-08-004-U

Property Details

Property Type

Land

Est. Annual Taxes

$409

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Gentle Sloping
  • Zoning: R-43
  • Tax Year: 2020
  • Directions: East on Fig Springs, right on 1st Ave. to end, parcel is on the right behind the house on the top of the hill.
  • Horses: Yes
  • Lot Size Acres: 3.03
  • Road Surface Type: Treated
  • Tax Parcel Letter: U
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: See Remarks, Mountain View(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS, SRP
  • Water Source: None, Check Availability

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Desert Canyon Elementary
  • High School: Boulder Creek High School
  • Middle Or Junior School: Deer Valley Middle School

Lot Info

  • Lot Size: 331.22x400.45
  • Lot Size Sq Ft: 132046.0
  • Additional Parcels: No
  • Parcel #: 202-08-004-U
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 409.0
  • Tax Book Number: 202.00
  • Tax Lot: -
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Dec 4, 2020
Sold by
W Lay Third Llc
Bought by
Walters Wesley and Walters Mary
Seller's Agent
Debra Welsh
Century 21 Northwest
Buyer's Agent
Marcel Fernandez
HomeSmart
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Current Estimated Value
$168,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,500
Avg. Annual Appreciation
30.68%

Purchase Details

Closed on
Apr 27, 2018
Sold by
Lay Walter A
Bought by
W Lay Third Llc

Purchase Details

Closed on
Sep 16, 2011
Sold by
Midfirst Bank
Bought by
Lay Walter A

Purchase Details

Closed on
May 5, 2011
Sold by
Beckway Trevor A
Bought by
Midfirst Bank

Purchase Details

Closed on
Oct 19, 2005
Sold by
Raney Keith and Raney Kathy A
Bought by
Beckway Trevor A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,491
Interest Rate
5.97%
Mortgage Type
Seller Take Back
Source: Public Records

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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
Walters Wesley $50,000 Lawyers Title Of Arizona Inc
W Lay Third Llc -- None Available
Lay Walter A $20,000 None Available
Midfirst Bank -- None Available
Beckway Trevor A $231,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walters Wesley $585,000
Closed Walters Wesley $565,940
Previous Owner Beckway Trevor A $218,000
Previous Owner Beckway Trevor A $212,491
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $50,000 -9.1% --
11/10/2020 11/10/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $55,000 -- --
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 $447 $3,797 $3,797 --
2024 $425 $3,616 $3,616 --
2023 $425 $9,165 $9,165 $0
2022 $410 $9,975 $9,975 $0
2021 $418 $7,050 $7,050 $0
2020 $409 $5,145 $5,145 $0
2019 $397 $5,085 $5,085 $0
2018 $384 $6,660 $6,660 $0
2017 $376 $3,210 $3,210 $0
2016 $343 $3,960 $3,960 $0
2015 $340 $4,752 $4,752 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Debra Welsh

    Century 21 Northwest

    (505) 440-0837

    1 in this area

    1 Total Sale

    Debra Welsh
    Section Image

  • M

    Buyer's Agent in 2020

    Marcel Fernandez

    HomeSmart

    (602) 329-2415

    9 in this area

    56 Total Sales

    Marcel Fernandez
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6138536

Arizona Regional Multiple Listing Service (ARMLS)

APN: 202-08-004U

Arizona Maricopa County New River 85087

48855 N Fig Springs Rd, New River, AZ

This home is located at 48855 N Fig Springs Rd, New River, AZ 85087 since 28 September 2020 and is currently estimated at $168,500. 48855 N Fig Springs Rd is a home located in Maricopa County with nearby schools including New River Elementary School, Gavilan Peak Elementary School, and Boulder Creek High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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