NOT LISTED FOR SALE

490 Tranquility Trail Forest Lakes Estates, AZ 85931

Forest Lakes Neighborhood

Estimated Value: $204,409 - $412,000

1.08 Acres
$285,375 Price per Acre
47,045 Sq Ft Lot

Last Sold January 05, 2021

Last sale price $140,000

Est. 113% increase in value since last sale

Current estimated payment $1,740/month

126 Days on Market

Highlights

  • Horses Allowed On Property
  • Pine Trees
  • No HOA

About This Lot

As of January 2021

A RARE OPPORTUNITIES to own one of only a few vacant lots remaining in Forest Lakes and on the coveted south side of Highway 260; Forest Lakes Estates is an island in the middle of the Sitgreaves National Forest. A scenic 2 hour drive from the sweltering heat of Phoenix to the best summer weather in the world! At an elevation of 7600 feet you can unwind on your deck to the fresh aroma of the pine forest while enjoying temperatures 30-50 degrees cooler than The Valley! This is the middle of the worlds largest stand of Ponderosa Pine Trees. Forest Lakes Estates is divided by AZ Highway 260.There are about 850-mostly 1 acre lots on the North side of 260 and about

Last Agent to Sell the Property

Charlie Walters

Real Estate Brokers Intl License #BR029262000 Listed on: 05/16/2020

Last Buyer's Agent

Dennis Keller

PAYSON HOMES & LAND License #SA688346000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,054

Lot Details

  • 1.08 Acre Lot
  • Rural Setting
  • Hillside Location
  • Pine Trees

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number 403-35-052

Property Details

Property Type

Land

Est. Annual Taxes

$1,054

Lot Details

0

Listing Details

  • FILLACRES: 1.08
  • Assessor Parcel Number: 052
  • Directions: AZ State Route 260 & Mule Springs Rd South on Mule Springs RD (Mile marker 289) follow Mule Springs as it winds right and then left. Go left on Tranquility Trail - lot on the right
  • Homeowners Assoc N A Other: YES
  • Listing Member Name: Charlie Walters
  • Listing Office Short Id: re640
  • List Type: Exclusive ARS
  • Open House Office I D: 20121002182607984991000000
  • Property Sub Type: Residential
  • Prop. Type: Land
  • Selling Member Short Id: dk880
  • Selling Office Short Id: 98
  • Sub Code: Forest Lakes
  • Tract Suffix: Trail
  • Utilities Available N A Other: YES
  • Property Features: Seller to Survey
  • Property Features N A Other: YES
  • Deed Restrictions N A Other: YES
  • Documents On File N A Other: YES
  • List Price per Acre: 129629.62
  • Lot Street Improve: Gravel Street
  • Manufacture Allwd: No
  • Road Access: County, State Route
  • Terrain: Hillside
  • Special Features: None

Interior Features

  • Foreclosure: No
  • Legal Description: LOT 82 FOREST LAKES ESTATES UNIT 2
  • Entry Location: Rural

Exterior Features

  • Exterior Features: In the Trees, Tall Pines on Lot
  • Flood Zone: None
  • Horses Allowed On Property: Yes
  • Lot Number: 82
  • View: No
  • Waterfront: No

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 1054.00

Lot Info

  • Assessor Parcel Number: 403-35-052
  • Lot Dimensions: irregular
  • Zoning: residential
  • Zoning: County

Tax Info

  • Year: 2019

Multi Family

  • Multi Family: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2020
Closed on
Dec 30, 2020
Sold by
Fulcher Dale E and Fulcher Patricia E
Bought by
Lindstrom John A and Lindstrom Ronna L
Seller's Agent
Charlie Walters
Real Estate Brokers Intl
Buyer's Agent
Dennis Keller
PAYSON HOMES & LAND
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$298,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,870
Avg. Annual Appreciation
16.82%
Original Mortgage
$75,000
Outstanding Balance
$62,260
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$224,456
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
Lindstrom John A $140,000 Empier West Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindstrom John A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $140,000 0.0% --
09/19/2020 09/19/20 Pending -- -- --
05/16/2020 05/16/20 For Sale $140,000 -- --
Source: Central Arizona Association of REALTORS®

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
2024 $1,330 $27,136 -- --
2023 $1,226 $21,709 $0 $0
2022 $1,174 $15,462 $0 $0
2021 $1,137 $13,445 $0 $0
2020 $1,076 $13,445 $0 $0
2019 $1,054 $12,053 $0 $0
2018 $1,017 $12,053 $0 $0
2017 $991 $10,680 $0 $0
2016 $930 $10,680 $0 $0
2015 $954 $11,392 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Arizona Association of REALTORS®

MLS Number: 82443

Central Arizona Association of REALTORS®

APN: 403-35-052