NOT LISTED FOR SALE

5240 S Rainbow Rd Buckeye, AZ 85326

Buckeye Area

Estimated Value: $125,451 - $694,000

1.12 Acres
$381,087 Price per Acre
48,787 Sq Ft Lot

Sale Details

Date Sold: May 14, 2021

Last sale price $107,500

Est. 297% increase in value since last sale

Current estimated payment $2,374 / mo

7 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Partially Fenced Property
  • 1.12 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of May 2021

Flat Land With Well On Site! Power on Roeser Rd. Irrigation may be available in the area. Buyer to investigate what it would take to get it to the property if interested and confirmed available. Lot Deed restrictions are very reasonable and limited to site built only, 2400 sq. ft. or larger, tile roofs, underground power from pole, no less than 2 car garages and no dog kennels or swine. Mulit-million dollar homes in the immediate area, and more going up all around. Secure your piece and start building your dream home! Share well agreement with adjoining lots, but no need to wait for that because this lot has it's own well onsite.

Last Agent to Sell the Property

Cara Lonsdale

Designated Pro Realty License #BR505546000 Listed on: 04/15/2021

Last Buyer's Agent

Kenny Klaus

Real Broker License #SA515503000

Real Broker
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $351

Lot Details

  • 1.12 Acre Lot
  • East or West Exposure
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R43

Schools

  • Arlington Elementary School
  • Buckeye Union High School

Additional Features

  • Mountain Views
  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Roosevelt Citrus Acres Unit 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504-43-024-C

Property Details

Property Type

Land

Est. Annual Taxes

$351

Lot Details

1.12 Acres

Listing Details

  • Cross Street: Rainbow Road and Broadway
  • Legal Info Range: 3W
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: R43
  • Tax Year: 2020
  • Horses: Yes
  • Lot Size Acres: 1.12
  • Road Surface Type: Dirt
  • Subdivision Name: ROOSEVELT CITRUS ACRES UNIT 3
  • Tax Parcel Letter: C
  • View:Mountain View(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Partial
  • Lot Features: East/West Exposure, North/South Exp
  • View: Mountain(s)
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: See Remarks, None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Arlington Elementary School
  • High School: Buckeye Union High School
  • Junior High Dist: Buckeye Union High School District
  • Middle Or Junior School: Arlington Elementary School

Lot Info

  • Lot Size: 153.10 x 316.51
  • Lot Size Sq Ft: 48830.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 504-43-024-C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 351.0
  • Tax Book Number: 504.00
  • Tax Lot: -
  • Tax Map Number: 43.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 12, 2021
Sold by
Ruddy and Ruddy Jeanni
Bought by
Seller's Agent
Cara Lonsdale
Designated Pro Realty
Buyer's Agent
Kenny Klaus
Real Broker
List Price
$99,950
Sold Price
$107,500
Premium/Discount to List
$7,550
7.55%
Current Estimated Value
$426,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,317
Avg. Annual Appreciation
29.65%

Purchase Details

Closed on
Sep 1, 2005
Sold by
Z Bema Llc
Bought by
Ruddy Brent and Ruddy Jeanni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2005
Sold by
Phillips Betty L
Bought by
Mel White Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$107,500 Security Title
Ruddy Brent $150,000 Lawyers Title Ins
Mel White Enterprises Inc $519,933 Lawyers Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $135,000
Previous Owner Mel White Enterprises Inc $485,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $107,500 +7.6% --
04/22/2021 04/22/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $99,950 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $372 $2,719 $2,719
2024 $359 $2,590 $2,590
2023 $359 $18,435 $18,435 $0
2022 $360 $10,590 $10,590 $0
2021 $368 $9,765 $9,765 $0
2020 $351 $10,215 $10,215 $0
2019 $335 $5,220 $5,220 $0
2018 $320 $4,725 $4,725 $0
2017 $301 $5,100 $5,100 $0
2016 $295 $4,275 $4,275 $0
2015 $294 $3,040 $3,040 $0
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6222178

Arizona Regional Multiple Listing Service (ARMLS)

APN: 504-43-024C

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