NOT LISTED FOR SALE

55 Milky Way Rd Elgin, AZ 85611

Estimated Value: $861,114 - $1,142,000

36 Acres
$28,181 Price per Acre
1,548,122 Sq Ft Lot

Last Sold March 18, 2022

Last sale price $440,000 $0 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $6,474/month

229 Days on Market

Highlights

  • Horse Property
  • Panoramic View
  • 35.54 Acre Lot

About This Lot

As of March 2022

Panoramic Views! 35+ acres of rolling grassland with stunning views in all directions. Fully fenced acreage features a 30' x 60' building with 4 roll-up doors, electricity, covered parking, and room to park your RV. There are 2 active electric meters that serve the property along with a well that produces 23gpm and is registered with ADWR (1992- #55-535837). Enjoy the tree-lined pond from the small dock or nearby gazebo.

Last Listed By

Lisa Sullivan

Long Realty Listed on: 07/26/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $233

Year Built

  • 2003

Lot Details

  • 35.54 Acre Lot
  • Lot Dimensions are 1308' x 1169' x 1301' x 1187'
  • Wire Fence
  • Subdivision Possible
  • Property is zoned SCC - GR

Property Views

  • Panoramic
  • Pasture
  • Mountain

Outdoor Features

  • Horse Property

Schools

  • Elgin Elementary School
  • Elgin Middle School
  • Elgin High School

Utilities

  • Private Company Owned Well
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$233

Year Built

2003

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Legal Description: A PT IN THE E2 SE4 NW4; PT IN THE NE4 NE4 SW4; A PT IN THE SW4 NE4; A PT IN THE N2 NW4 SE4 IN SEC 27 T20S R17E
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2003

Exterior Features

  • F E M A Flood Zone: No
  • Fence: Barbed Wire
  • Road Maintenance: Owner Maintenance
  • View: Mountain(s), Panoramic, Pasture, Sunrise, Sunset

Utilities

  • Water: Private Well
  • Electric: Electric Company
  • Fire Protection: Subscription
  • Gas Company: None
  • Electric Location: On Site
  • Phone Location: Available
  • Sewer Location: None
  • Water Location: On Site

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • Neighborhood Features: None
  • Senior Community: No

Schools

  • School District: Elgin
  • Elementary School: Elgin Elementary
  • Middle School: Elgin
  • High School: Elgin

Lot Info

  • Property Group ID: 19990816212131825981000000
  • Horse Property: Yes - By Zoning
  • Lot Acres: 35.54
  • Lot Dimensions: 1308' x 1169' x 1301' x 1187'
  • Lot Features: Dividable Lot
  • Lot Sq Ft: 1548122.00
  • Municipality Zoning: SCC - GR
  • Lot Sz Price Acre: 12661.79
  • Lot Sz Sold Prc Acre: 12380.42
  • Municipal Flood Zone: No
  • Property Use Type: Rural

Tax Info

  • Tax Code: 109-25-007A
  • Taxes: 233.26
  • Tax Year: 2020

MLS Schools

  • Middle School: Elgin
  • Elementary School: Elgin Elementary
  • High School: Elgin
  • School District: Elgin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2023
Sold by
Matthew M Parrilli Descendants Trust
Bought by
Matthew M Parrilli Revocable Living Trust
Total Days on Market
229
Current Estimated Value
$1,001,557

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
Matthew M Parrilli Revocable Living Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $440,000 -2.2% $0 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
07/26/2021 07/26/21 For Sale $450,000 -- $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 $11,052 $99,752 $19,010 $80,742
2023 $10,016 $70,989 $8,004 $62,985
2022 $8,124 $55,778 $8,004 $47,774
2021 $7,925 $54,500 $8,004 $46,496
2020 $8,051 $54,542 $8,004 $46,538
2019 $7,773 $52,373 $8,004 $44,369
2018 $7,648 $51,016 $8,004 $43,012
2017 $7,427 $50,610 $8,004 $42,606
2016 $14,114 $49,526 $8,004 $41,522
2015 $6,432 $46,344 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22119205

MLS of Southern Arizona

APN: 109-25-001J