NOT LISTED FOR SALE

551 S Rockcress Ln Unit 27 Show Low, AZ 85901

Estimated Value: $74,259 - $302,000

0.28 Acre
$498,446 Price per Acre
12,197 Sq Ft Lot

Last Sold May 05, 2022

Last sale price $69,900

Est. 100% increase in value since last sale

Current estimated payment $968/month

198 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Property is near a golf course
  • Show Low High School Rated A-
  • Cul-De-Sac

About This Lot

As of May 2022

OWNER WILL CARRY..... This nicely treed lot at the end of a cul-de-sac will be a perfect setting for your new home in the pines. Your HOA dues give you free access to all of the amenities of Torreon which include the pool, Family Center, tennis courts, pickle ball courts, and a trout pond. A limited number of golf tees times are also available. Full golf memberships also available. With the ''Seller Carryback'' enjoy benefits of Torreon while finding the right floor plan, obtaining permits and approvals, etc.

See Document Section for SELLER FINANCING ADDENDUM

Last Agent to Sell the Property

Charles Varga

Realty ONE Group License #BR500428000 Listed on: 10/14/2021

Last Buyer's Agent

Theresa Perkovich

Re/Max Fine Properties License #SA513238000

Re/Max Fine Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $428

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $200 Monthly HOA Fees

Location

  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 309-74-027

Community Details

Overview

  • Torreon Community Association, Phone Number (928) 537-1321
  • Tollgate At Torreon Subdivision

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$428

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Cross Street: Hwy 260 and Summit Drive
  • Legal Info Range: 21E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv, Off Site Imp Complte, On Site Imp Cmplete
  • Topography: {"Level":true}
  • Zoning: Residential
  • Tax Year: 2021
  • Directions: Hwy 260 to Torreon and onto Summit Drive. Take Summit Drive to gated community of Tollgate. Once through the gate on Mariposa go right onto Rockcress and to second cul-de-sac. Lot is at the end.
  • Horses: No
  • Lot Size Acres: 0.28
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: TOLLGATE AT TORREON
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Lake Subdivision, Golf Course Subd, Gated Community
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: Other (See Rmks)
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 600.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 928-537-1321
  • HOA Transfer Fee: 400.0
  • Association Fee: 600.0
  • Association Fee Frequency: Quarterly
  • Association Name: Torreon Community
  • Phone: 928-537-1321
  • Association: Yes

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 12246.0
  • Additional Parcels: No
  • Parcel #: 309-74-027
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 428.0
  • Tax Book Number: 309.00
  • Tax Lot: 27
  • Tax Map Number: 74.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Sep 10, 2021
Sold by
Davis Zachary A and Davis Corey A
Bought by
Varga Charles and Varga Janet
Seller's Agent
Corey Davis
First Step Realty
Buyer's Agent
Charles Varga
Realty ONE Group
List Price
$60,000
Sold Price
$53,000
Premium/Discount to List
-$7,000
-11.67%
Current Estimated Value
$139,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,565
Avg. Annual Appreciation
27.46%

Purchase Details

Closed on
Mar 5, 2021
Sold by
Tuttle Bonita E
Bought by
Davis Zachary A and Davis Corey A

Purchase Details

Closed on
Sep 2, 2016
Sold by
Tuttle Bonnie E and Tuttle Bonita E
Bought by
Tuttle Bonita E

Purchase Details

Closed on
Sep 3, 2014
Sold by
Davis Zachary A and Davis Corey A
Bought by
Tuttle Bonnie E
Source: Public Records

Range of Values:

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Average Value
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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
Varga Charles $53,000 Pioneer Title Agency Inc
Davis Zachary A -- None Available
Tuttle Bonita E -- None Available
Tuttle Bonnie E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $69,900 +31.9% --
04/16/2022 04/16/22 Pending -- -- --
09/30/2021 09/30/21 Sold $53,000 -24.2% --
09/30/2021 09/30/21 For Sale $69,900 +16.5% --
04/16/2021 04/16/21 For Sale $60,000 -- --
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
2026 $334 -- -- --
2025 $329 $7,672 $7,672 $0
2024 $311 $7,509 $7,509 $0
2023 $329 $4,719 $4,719 $0
2022 $311 $0 $0 $0
2021 $311 $0 $0 $0
2020 $428 $0 $0 $0
2019 $427 $0 $0 $0
2018 $580 $0 $0 $0
2017 $536 $0 $0 $0
2016 $528 $0 $0 $0
2015 $555 $4,800 $4,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6307062

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-74-027