NOT LISTED FOR SALE

518 E Old Way W Unit 1 Phoenix, AZ 85085

Desert View Neighborhood

Estimated Value: $123,000 - $1,378,000

1.35 Acres
$371,593 Price per Acre
58,806 Sq Ft Lot

Last Sold February 07, 2020

Last sale price $88,500

Est. 467% increase in value since last sale

Current estimated payment $2,758/month

202 Days on Market

Highlights

  • City Lights View
  • 1.35 Acre Lot
  • Property is near a preserve or public land
  • Desert Mountain Middle School Rated A-
  • No HOA

About This Lot

As of February 2020

TOP OF THE MARK! PEACEFUL LOCATION WITH AMAZING VIEWS* PRIME LOT* 1.35 ACRES BORDERS PHOENIX PRESERVES* JUST ONE MILE SOUTH OF CAREFREE HIGHWAY. UNDERGROUND POWER AND PHONE IS ON PROPERTY. OWNERS HAS PLANS AVAILABLE TO LOOK AT FOR 5055 sq. ft. MODERN HOME.
OWNER WILL CARRY WITH RIGHT TERMS* BRING YOUR OFFER! BUYER TO VERIFY ALL SCHOOLS*
MINIMUM SQ. FT. 2500 SQ. FT* ANY STYLE*NO HOA.

Last Agent to Sell the Property

Bea Lyman

Keller Williams Integrity First License #BR105721000 Listed on: 06/20/2019

Keller Williams Integrity First

Last Buyer's Agent

Andrew Myszak

The Real Estate Authority License #BR668521000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $764

Lot Details

  • 1.35 Acre Lot
  • Property is zoned R-43

Property Views

  • City Lights
  • Mountain

Schools

  • Desert Mountain Elementary School
  • Desert Mountain Middle School
  • Boulder Creek High School

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 211-24-013-J

Property Details

Property Type

Land

Est. Annual Taxes

$764

Lot Details

0

Listing Details

  • Cross Street: 7th Street & Carefree Highway
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-43
  • Tax Year: 2018
  • Directions: E. ON CAREFREE HIGHWAY*SOUTH ON 7TH ST. TURN RIGHT BEFORE THE GATE AT END IF ROAD. PRORTY IS THE HIGHEST LOT BEFORE THE TURN, THEN TURN RIGHT.
  • Lot Size Acres: 1.35
  • Road Surface Type: Gravel, Dirt
  • Tax Parcel Letter: J
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: City Light View(s), Mountain View(s), Borders Pres/Pub Lnd
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS, Underground
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Desert Mountain Elementary
  • High School: Boulder Creek High School
  • Middle Or Junior School: Desert Mountain School

Lot Info

  • Lot Size: 221 x 226
  • Lot Size Sq Ft: 58814.0
  • Additional Parcels: No
  • Parcel #: 211-24-013-J
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 764.0
  • Tax Book Number: 211.00
  • Tax Lot: 1
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jan 17, 2020
Sold by
Jppp Llc
Bought by
Clinkenbeard Rodney and Clinkenbeard Charistine
Seller's Agent
Bea Lyman
Keller Williams Integrity First
Buyer's Agent
Andrew Myszak
The Real Estate Authority
List Price
$93,900
Sold Price
$88,500
Premium/Discount to List
-$5,400
-5.75%
Current Estimated Value
$501,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,151
Avg. Annual Appreciation
35.94%

Purchase Details

Closed on
May 1, 2013
Sold by
Anderson Larry J and Anderson Jeanne E
Bought by
Jppp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,600
Interest Rate
3.51%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 30, 2002
Sold by
Herold Thomas J and Herold Linda R
Bought by
Anderson Larry J and Anderson Jeanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 5, 2002
Sold by
Cantell Fred and Cantell Susan
Bought by
Anderson Larry J and Anderson Jeanne E

Purchase Details

Closed on
Apr 19, 2001
Sold by
Robertson Donald B and Robertson Ruby L
Bought by
Anderson Larry J and Anderson Jeanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
6.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 6, 2001
Sold by
Anderson Larry J and Anderson Jeanne E
Bought by
Anderson Larry J and Anderson Jeanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
6.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 1, 2000
Sold by
Cantell Frederick H and Cantell Susan I
Bought by
Anderson Larry J and Anderson Jeanne E

Purchase Details

Closed on
Feb 1, 2000
Sold by
Schultz John J
Bought by
Anderson Larry J and Anderson Jeanne E

Purchase Details

Closed on
Jan 17, 2000
Sold by
Schultz John J
Bought by
Anderson Larry J and Anderson Jeanne E
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
Clinkenbeard Rodney $88,500 Equity Title Agency Inc
Jppp Llc $46,000 Fidelity National Title Agen
Anderson Larry J $350,000 First American Title Ins Co
Anderson Larry J -- --
Anderson Larry J -- --
Anderson Larry J $134,000 Transnation Title Insurance
Anderson Larry J -- --
Anderson Larry J -- --
Anderson Larry J $110,000 Ati Title Agency
Anderson Larry J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jppp Llc $27,600
Previous Owner Anderson Larry J $275,000
Previous Owner Anderson Larry J $100,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $88,500 -2.6% --
11/14/2019 11/14/19 Price Changed $90,900 -0.5% --
08/17/2019 08/17/19 Price Changed $91,400 -2.7% --
06/20/2019 06/20/19 For Sale $93,900 -- --
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 $1,180 $10,029 $10,029 --
2024 $1,123 $9,552 $9,552 --
2023 $1,123 $17,025 $17,025 $0
2022 $1,084 $16,560 $16,560 $0
2021 $1,103 $12,510 $12,510 $0
2020 $807 $14,145 $14,145 $0
2019 $787 $12,195 $12,195 $0
2018 $764 $10,185 $10,185 $0
2017 $740 $10,980 $10,980 $0
2016 $701 $6,465 $6,465 $0
2015 $759 $7,280 $7,280 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5942173

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-24-013J