NOT LISTED FOR SALE

5118 N Tuthill Rd Unit 289 Litchfield Park, AZ 85340

Estimated Value: $678,000 - $777,000

0.86 Acre
$834,044 Price per Acre
37,462 Sq Ft Lot

Last Sold November 27, 2017

Last sale price $92,500

Est. 675% increase in value since last sale

Current estimated payment $4,077/month

157 Days on Market

Highlights

  • 0.86 Acre Lot
  • Mountain View
  • No HOA
  • Verrado Elementary School Rated A-

About This Lot

As of November 2017

Premier lot with direct views of the White Tanks, Victory at Verrado Golf Course, the Estrella Mountains and the beautiful Arizona desert. No HOA. Paved roads all the way to the lot. Seller will provide architectural documents for a 5,882 square foot Frank Lloyd Wright design home created specifically for this lot. See photos for a look at the proposed home.

Seller may carry up to 24 months with $10,000 down at 7.0% interest. Monthly payment would be $670.83/month.

Last Agent to Sell the Property

Kevin Johnson

Re/Max Fine Properties License #BR546589000 Listed on: 06/03/2017

Re/Max Fine Properties

Last Buyer's Agent

Treg Day

DeLex Realty License #SA637759000

DeLex Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $541

Lot Details

  • 0.86 Acre Lot
  • Property is zoned R43

Property Views

  • Mountain Views

Schools

  • Litchfield Elementary School
  • Verrado Elementary Middle School
  • Agua Fria High School

Community Details

  • No Home Owners Association
  • Beautiful Arizona Estates Sub Subdivision

Listing and Financial Details

  • Tax Lot 289
  • Assessor Parcel Number 502-70-286-A

Property Details

Property Type

Land

Est. Annual Taxes

$541

Lot Details

0

Listing Details

  • Cross Street: I-10 W to Jackrabbit Trl, N to Medlock
  • Legal Info Range: 2W
  • Property Type: Land
  • Zoning: R43
  • Tax Year: 2016
  • Directions: North on Jackrabbit to Medlock; West on Medlock, left on Pasadena which leads directly to the lot.
  • Lot Size Acres: 0.86
  • Road Surface Type: Asphalt
  • Subdivision Name: BEAUTIFUL ARIZONA ESTATES SUB
  • Tax Parcel Letter: A
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Mountain View(s)
  • Disclosures: Seller Prop Disc Stm, Boundary Survey Avlb
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Litchfield Elementary School
  • High School: Agua Fria High School
  • Middle Or Junior School: Verrado Elementary School

Lot Info

  • Lot Size: 125X300
  • Lot Size Sq Ft: 37500.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 502-70-286-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 541.0
  • Tax Book Number: 502.00
  • Tax Lot: 289
  • Tax Map Number: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2018
Sold by
Antithetos Capital Llc
Bought by
Damarest Jeannie L and Mcdonald Nicholas C
Current Estimated Value
$717,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$285,863
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$431,415

Purchase Details

Listed on
Jun 3, 2017
Closed on
Nov 21, 2017
Sold by
Phillips Denise and Phillips Dana
Bought by
Phillips Dana
Seller's Agent
Kevin Johnson
Re/Max Fine Properties
Buyer's Agent
Treg Day
DeLex Realty
List Price
$125,000
Sold Price
$92,500
Premium/Discount to List
-$32,500
-26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.56%

Purchase Details

Closed on
Sep 23, 2009
Sold by
Johnson Holly Ann
Bought by
Johnson Kevin W

Purchase Details

Closed on
Sep 17, 2009
Sold by
M & I Marshall & Ilsley Bank
Bought by
Johnson Kevin W

Purchase Details

Closed on
May 14, 2009
Sold by
Beam Matthew Thomas Teo
Bought by
M & I Marshall & Ilsley Bank

Purchase Details

Closed on
Feb 8, 2001
Sold by
Pepper David C and Pepper Jean W
Bought by
Beam Matthew Thomas Teo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,750
Interest Rate
6.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 13, 1994
Sold by
Mt Baldy Ltd Partnership
Bought by
Tibbetts Michael W and Tibbetts Lynn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,200
Interest Rate
8.57%
Mortgage Type
Seller Take Back
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
Damarest Jeannie L $415,000 Driggs Title Agency Inc
Phillips Dana -- Great American Title Agency
Phillips Dale Andrew -- Great American Title Agency
Antithetos Capital Llc $92,500 Great American Title Agency
Johnson Kevin W -- Security Title Agency
Johnson Kevin W $37,000 Security Title Agency
M & I Marshall & Ilsley Bank $64,354 Security Title Agency
Beam Matthew Thomas Teo $55,000 Stewart Title & Trust
Tibbetts Michael W $16,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damarest Jeannie L $332,000
Previous Owner Beam Matthew Thomas Teo $46,750
Previous Owner Tibbetts Michael W $13,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2017 11/27/17 Sold $92,500 -26.0% --
11/07/2017 11/07/17 Pending -- -- --
06/03/2017 06/03/17 For Sale $125,000 -- --
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 $3,423 $30,519 -- --
2024 $3,278 $29,066 -- --
2023 $3,278 $45,660 $9,130 $36,530
2022 $3,118 $36,600 $7,320 $29,280
2021 $3,203 $35,030 $7,000 $28,030
2020 $3,103 $33,370 $6,670 $26,700
2019 $3,144 $31,630 $6,320 $25,310
2018 $596 $6,075 $6,075 $0
2017 $565 $4,725 $4,725 $0
2016 $541 $5,400 $5,400 $0
2015 $541 $3,744 $3,744 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kevin Johnson

    RE/MAX

    Section Image

  • T

    Buyer's Agent in 2017

    Treg Day

    DeLex Realty

    (602) 910-3002

    1 in this area

    30 Total Sales

    Treg Day
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5614917

Arizona Regional Multiple Listing Service (ARMLS)

APN: 502-70-286A

Arizona Maricopa County Litchfield Park 85340

5118 N Tuthill Rd Unit 289, Litchfield Park, AZ

This home is located at 5118 N Tuthill Rd Unit 289, Litchfield Park, AZ 85340 since 03 June 2017 and is currently estimated at $717,278. 5118 N Tuthill Rd Unit 289 is a home located in Maricopa County with nearby schools including Verrado Elementary School, Verrado Middle School, and Verrado 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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