NOT LISTED FOR SALE

Estimated Value: $1,238,000 - $1,246,000

0.12 Acre
$10,362,900 Price per Acre
5,410 Sq Ft Lot

Sale Details

Date Sold: February 20, 2024

Last sale price $365,000

Est. 241% increase in value since last sale

Current estimated payment $6,840 / mo

38 Days on Market

Highlights

  • No HOA
  • Tavan Elementary School Rated A
  • Interior Lot

About This Lot

As of February 2024

Incredible development opportunity in lower Arcadia. Walking distance to Great Hearts - Veritas & Arizona Country Club as well as close proximity to amazing restaurants, nightlife, active lifestyle, Sky Harbor Airport, & Freeway access. 10,820 SqFt lot that has been split into two 5,410 SqFt lots. Plans available for two single family residences on each lot (View Renderings). A rare opportunity to build right away and limit your waiting period. Lots available individually or together. See MLS # 6566591 for other parcel.

Last Agent to Sell the Property

Julie Corley

Cambridge Properties Brokerage Phone: 480-363-3641 License #SA641768000 Listed on: 06/08/2023

Last Buyer's Agent

Craig Young

Real Broker License #BR107286000

Real Broker

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,681

Lot Details

  • 5,410 Sq Ft Lot
  • Block Wall Fence
  • Interior Lot
  • Rectangular Lot
  • Property is zoned R-3

Eco-Friendly Details

  • North or South Exposure

Schools

  • Tavan Elementary School
  • Ingleside Middle School
  • Arcadia High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 128-25-119-B

Property Details

Property Type

Land

Est. Annual Taxes

$2,681

Lot Details

5,410 Sq Ft Lot

Listing Details

  • Cross Street: 56th St & Indian School
  • Property Type: Land
  • Development Status: Raw Land, Plans Included
  • Zoning: R-3
  • Tax Year: 2022
  • Horses: No
  • Lot Size Acres: 0.12
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Block
  • Lot Features: North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Tavan Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: 131.17' x 80'
  • Lot Size Sq Ft: 5410.0
  • Additional Parcels: No
  • Parcel #: 128-25-119-B

Tax Info

  • Tax Annual Amount: 2681.0
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2026
Sold by
Irh Llc
Bought by
Tracy Lee Donahue Revocable Living Trust and Donahue
Current Estimated Value
$1,243,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$899,102
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$344,446

Purchase Details

Listed on
Jun 8, 2023
Closed on
Feb 20, 2024
Sold by
Moore Russell E
Bought by
Irh Llc
Seller's Agent
Julie Corley
Cambridge Properties
Buyer's Agent
Craig Young
Real Broker
List Price
$415,000
Sold Price
$365,000
Premium/Discount to List
-$50,000
-12.05%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.78%
Original Mortgage
$752,963
Interest Rate
6.62%
Mortgage Type
Construction
Source: Public Records
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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
Tracy Lee Donahue Revocable Living Trust $1,125,000 Grand Canyon Title
Irh Llc $730,000 Grand Canyon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tracy Lee Donahue Revocable Living Trust $900,000
Previous Owner Irh Llc $752,963
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $365,000 -12.0% --
07/18/2023 07/18/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $415,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,345 $21,631 $21,631 --
2024 $1,358 $20,601 $20,601 --
2023 $1,358 $34,358 $34,358 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6566589

Arizona Regional Multiple Listing Service (ARMLS)

APN: 128-25-119B

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