NOT LISTED FOR SALE

560 N Margo Dr Vail, AZ 85641

Estimated Value: $81,000 - $86,000

1.44 Acres
$57,986 Price per Acre
62,726 Sq Ft Lot

Last Sold June 13, 2024

Last sale price $85,000 $1 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $484/month

208 Days on Market

Highlights

  • Horses Allowed in Community
  • Mountain View
  • East or West Exposure
  • Sycamore Elementary School Rated A

About This Lot

As of June 2024

Embrace the opportunity to design your life on this expansive 1.4-acre lot, showcasing East-West exposure for optimal sunlight. With sweeping mountain views as your backdrop, the stage is set for boundless creativity in crafting your dream home. Imagine sunrises painting the skies from your front porch and breathtaking sunsets from your backyard oasis. This is more than just land; it's a canvas for your future, an invitation to build not just a house but a home that captures the essence of your vision and the spirit of the surrounding natural beauty. Make it yours!

Last Agent to Sell the Property

Franz Gutierrez

Realty Executives Arizona Territory Listed on: 11/07/2023

Realty Executives Arizona Territory

Co-Listed By

Mariano Pamplona

Realty Executives Arizona Territory

Last Buyer's Agent

Armando Sotelo

Tierra Antigua Realty

Tierra Antigua Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $513

Lot Details

  • 1.44 Acre Lot
  • Dirt Road
  • East or West Exposure
  • Property is zoned Vail - CR1

Property Views

  • Mountain Views

Schools

  • Sycamore Elementary School
  • Corona Foothills Middle School
  • Andrada Polytechnic High School

Utilities

  • Septic System
  • Phone Available

Community Details

Overview

  • Association fees include no fees
  • New Tucson Unit No. 25 Subdivision

Recreation

  • Horses Allowed in Community

Property Details

Property Type

Land

Est. Annual Taxes

$513

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Legal Description: New Tucson Unit No 25 Lot 21 Blk 4
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • F E M A Flood Zone: No
  • Fence: None
  • Road Maintenance: Owner Maintenance
  • View: Mountain(s), Sunrise, Sunset

Utilities

  • Water: City
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Sewer: Septic
  • Electric Location: Available
  • Phone Location: Available

Condo/Co-op/Association

  • Association Fees Include: No Fees
  • HOA: No
  • Community: None
  • Amenities: None

Association/Amenities

  • Neighborhood Features: Horses Allowed
  • Senior Community: No
  • Subdivision Restrictions CC&Rs: Yes
  • Deed Restrictions: No

Schools

  • School District: Vail
  • Elementary School: Sycamore
  • Middle School: Corona Foothills
  • High School: Andrada Polytechnic High School

Lot Info

  • Property Group ID: 19990816212131825981000000
  • Horse Property: No
  • Lot Acres: 1.44
  • Lot Dimensions: 221-292-245-249
  • Lot Features: East/West Exposure, Subdivided
  • Lot Sq Ft: 62726.00
  • Municipality Zoning: Vail - CR1
  • Lot Sz Price Acre: 76388.89
  • Lot Sz Sold Prc Acre: 59027.78
  • Municipal Flood Zone: No
  • Property Use Type: Residential

Tax Info

  • Tax Code: 305-45-0740
  • Taxes: 512.82
  • Tax Year: 2023

MLS Schools

  • Middle School: Corona Foothills
  • Elementary School: Sycamore
  • High School: Andrada Polytechnic High School
  • School District: Vail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Jun 12, 2024
Sold by
Saldana Jesus V
Bought by
Residencias Arizona Llc
Seller's Agent
Franz Gutierrez
Realty Executives Arizona Territory
Buyer's Agent
Armando Sotelo
Tierra Antigua Realty
List Price
$130,000
Sold Price
$85,000
Premium/Discount to List
-$45,000
-34.62%
Views
43
Current Estimated Value
$83,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,500
Avg. Annual Appreciation
1.83%

Purchase Details

Closed on
Apr 13, 2023
Sold by
Freedom Land Capital Llc
Bought by
Saldana Jesus V

Purchase Details

Closed on
May 11, 2022
Sold by
Michael August
Bought by
Freedom Land Capital Llc

Purchase Details

Closed on
Jun 3, 2014
Sold by
Lots N Lands Investments Llc
Bought by
August Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,397
Interest Rate
4.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 31, 2014
Sold by
Fisher Debra J
Bought by
Lots N Lands Investments Llc
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
Residencias Arizona Llc $85,000 Pioneer Title
Saldana Jesus V $60,000 Stewart Title & Trust Of Tucso
Freedom Land Capital Llc $45,000 Pioneer Title
August Michael $17,997 Title Security Agency Llc
August Michael $17,997 Title Security Agency Llc
Lots N Lands Investments Llc $6,128 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner August Michael $14,397
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $85,000 -22.7% $1 / Sq Ft
05/20/2024 05/20/24 Price Changed $110,000 -15.4% $2 / Sq Ft
11/07/2023 11/07/23 For Sale $130,000 -- $2 / 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
2025 $520 $4,212 -- --
2024 $520 $4,011 -- --
2023 $513 $3,820 $0 $0
2022 $487 $3,638 $0 $0
2021 $495 $3,300 $0 $0
2020 $478 $3,300 $0 $0
2019 $498 $3,300 $0 $0
2018 $539 $3,450 $0 $0
2017 $530 $3,450 $0 $0
2016 $591 $3,938 $0 $0
2015 $602 $4,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22324280

MLS of Southern Arizona

APN: 305-45-0740