NOT LISTED FOR SALE

50 E Rain Valley Loop Elgin, AZ 85611

Estimated Value: $150,672 - $1,092,000

10 Acres
$50,643 Price per Acre
455,202 Sq Ft Lot

Last Sold June 04, 2015

Last sale price $69,900 $0 Per Sq Ft

Est. 657% increase in value since last sale

Current estimated payment $3,201/month

109 Days on Market

Highlights

  • Horses Allowed in Community
  • Mountain View
  • Level Lot
  • 10.45 Acre Lot

About This Lot

As of June 2015

10.45 acres in the best part of Rain Valley with excellent physical access and lovely unobstructed views in all directions. There is power, and a well and septic both of unknown condition (a previous owner believes they should both be operable, BTV), as well as a partially complete 2,100 sf metal building with utilities roughed-in on a concrete foundation. There is a small portion on the westernmost edge in FEMA Zone A, the remainder being out and buildable. Preliminary indications are that the land could be suitable for grape cultivation. There is a derelict building formerly used as a residence in Flood Zone A and should probably be torn down or used as storage, BTV status with SCC. Property is fully fenced, some of which is the expensive ''no climb'' variety. Sold strictly AS IS

Last Listed By

David Baker

Sonoita Realty Listed on: 02/12/2015

Property Details

Property Type

  • Land

Year Built

  • 2006

Lot Details

  • 10.45 Acre Lot
  • Level Lot
  • Subdivision Possible
  • Property is zoned SCC - GR

Property Views

  • Mountain Views

Utilities

  • Private Company Owned Well
  • Septic System

Community Details

Overview

  • Other/Unknown Subdivision

Recreation

  • Horses Allowed in Community

Property Details

Property Type

Land

Year Built

2006

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Legal Description: A Portion of Land in the N2 E2 NE4 Sec 5 T20S R18E
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2006

Exterior Features

  • Road Maintenance: County
  • View: Mountain(s), Sunset

Utilities

  • Water: Private Well
  • Electric: Other
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Sewer: Septic
  • Electric Location: Available
  • Water Location: Available

Condo/Co-op/Association

  • Community: None

Association/Amenities

  • Neighborhood Features: Horses Allowed, Legal Access

Schools

  • School District: Other
  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Lot Info

  • Property Group ID: 19990816212131825981000000
  • Lot Acres: 10.45
  • Lot Dimensions: Irregular
  • Lot Features: Dividable Lot
  • Lot Sq Ft: 455202.00
  • Municipality Zoning: SCC - GR
  • Lot Features Topography: Flat
  • Lot Sz Price Acre: 7559.81
  • Lot Sz Sold Prc Acre: 6689.00
  • Property Use Type: Rural

Tax Info

  • Tax Code: 109-47-034A
  • Taxes: 3338.24
  • Tax Year: 2013

MLS Schools

  • Middle School: Other
  • Elementary School: Other
  • High School: Other
  • School District: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2015
Closed on
Jun 3, 2015
Sold by
Purple Rooster Holdings Llc
Bought by
Forgues Neil
Seller's Agent
David Baker
Sonoita Realty
Buyer's Agent
Cheryl Volk
Marsha Burden & Associates Inc
List Price
$69,900
Sold Price
$69,900
Total Days on Market
109
Current Estimated Value
$529,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,324
Avg. Annual Appreciation
19.98%

Purchase Details

Closed on
Jul 11, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Purple Rooster Holdings Llc

Purchase Details

Closed on
Aug 8, 2007
Sold by
Kennedy Donald H and Kennedy Barbara L
Bought by
Kaasa Gary Julian and Kaasa Constance Sue

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
Forgues Neil $69,900 Lawyers Title Of Arizona Inc
Purple Rooster Holdings Llc $92,940 Servicelink Llc
Kaasa Gary Julian $150,000 Lawyers Title Nogales
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennedy Donald H $256,000
Previous Owner Kennedy Donald H $126,732
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2015 06/04/15 Sold $69,900 0.0% $0 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $69,900 -- $0 / Sq Ft
Source: MLS of Southern Arizona

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 $3,200 $21,935 $4,620 $17,315
2023 $4,067 $32,384 $7,838 $24,546
2022 $3,880 $25,970 $5,121 $20,849
2021 $3,756 $25,228 $5,121 $20,107
2020 $3,869 $25,585 $5,121 $20,464
2019 $4,170 $24,344 $5,121 $19,223
2018 $4,013 $23,652 $5,121 $18,531
2017 $3,909 $24,076 $5,121 $18,955
2016 $3,852 $23,519 $4,807 $18,712
2015 $3,860 $23,942 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21504836

MLS of Southern Arizona

APN: 109-47-034A