NOT LISTED FOR SALE

Estimated Value: $4,920,815 - $6,465,000

0.7 Acre
$7,994,220 Price per Acre
30,492 Sq Ft Lot

Last Sold March 19, 2014

Last sale price $1,100,000

Est. 398% increase in value since last sale

Current estimated payment $29,921/month

151 Days on Market

Highlights

  • 0.7 Acre Lot
  • Mountain View
  • No HOA
  • Hopi Elementary School Rated A
  • Corner Lot

About This Lot

As of March 2014

This is the only lot left on the highly coveted Exeter Boulevard. It sits on the North side of the street with pristine mountain views and a perfect building envelope, this 3/4 acre lot is an amazing opportunity to build your dream home at a dream address! Plans available for a 7,000 square foot European cottage upon request.

Last Agent to Sell the Property

Robin Orscheln

Compass License #SA542839000 Listed on: 09/20/2013

Compass

Co-Listed By

Shawna Warner

RETSY License #SA114065000

Last Buyer's Agent

Molly Fredrick

RETSY License #SA561239000

RETSY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,680

Lot Details

  • 0.7 Acre Lot
  • Corner Lot
  • Property is zoned RE-35

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia High School

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 172-31-006

Property Details

Property Type

Land

Est. Annual Taxes

$6,680

Lot Details

0

Listing Details

  • Cross Street: Camelback Road and 56th Street
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: RE-35
  • Tax Year: 2012
  • Lot Size Acres: 0.7
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Mountain View(s), North/South Exp
  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hopi Elementary School
  • High School: Arcadia High School
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: 177x134x207x152
  • Lot Size Sq Ft: 30305.0
  • Additional Parcels: No
  • Parcel #: 172-31-006
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6680.0
  • Tax Book Number: 172.00
  • Tax Lot: 6
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2022
Sold by
Janis S Merrill Revocable Trust
Bought by
Janis S Merrill Revocable Trust
Current Estimated Value
$5,474,861

Purchase Details

Closed on
Feb 26, 2020
Sold by
Gross Jeffrey J and Gross Candis M
Bought by
Merrill Janis S and The Janis S Merrill Revocable

Purchase Details

Closed on
May 5, 2016
Sold by
Gross Jeffrey J
Bought by
Jcg Trust and Gross Candis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 2016
Sold by
Gross Jeffrey J
Bought by
Gross Jeffrey J and Gross Candis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 20, 2013
Closed on
Mar 15, 2014
Sold by
Gross Candis M
Bought by
Gross Jeffrey J
Seller's Agent
Robin Orscheln
Compass
Buyer's Agent
Molly Fredrick
RETSY
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%
Original Mortgage
$700,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 20, 2013
Closed on
Mar 14, 2014
Sold by
Cre Ventures Xv Llc
Bought by
Gross Jeffrey J
Seller's Agent
Robin Orscheln
Compass
Buyer's Agent
Molly Fredrick
RETSY
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 28, 2012
Closed on
Feb 8, 2013
Sold by
Bonnaroo Investments Llc
Bought by
Cre Ventures Xv Llc
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Robin Orscheln
Compass
List Price
$1,050,000
Sold Price
$900,000
Premium/Discount to List
-$150,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.21%
Original Mortgage
$350,000
Interest Rate
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2007
Sold by
Hilby Bruce T and Hilby Paula A
Bought by
Bonnaroo Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Janis S Merrill Revocable Trust -- None Listed On Document
Janis S Merrill Revocable Trust -- None Listed On Document
Merrill Janis S $3,350,000 Empire West Title Agency Llc
Jcg Trust -- Accommodation
Gross Jeffrey J -- First Arizona Title Agency
Gross Jeffrey J -- First Arizona Title Agency
Gross Jeffrey J -- None Available
Gross Jeffrey J -- Greystone Title Agency Llc
Gross Jeffrey J $1,100,000 Greystone Title Agency Llc
Cre Ventures Xv Llc $900,000 Magnus Title Agency
Bonnaroo Investments Llc $1,400,000 Camelback Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gross Jeffrey J $1,750,000
Previous Owner Gross Jeffrey J $700,000
Previous Owner Gross Jeffrey J $700,000
Previous Owner Cre Ventures Xv Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2014 03/19/14 Sold $1,100,000 -8.3% --
02/18/2014 02/18/14 Pending -- -- --
09/20/2013 09/20/13 For Sale $1,200,000 +33.3% --
02/15/2013 02/15/13 Sold $900,000 -14.3% $30 / Sq Ft View Prior Sale
12/01/2012 12/01/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $1,050,000 -- $35 / Sq Ft
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
2025 $15,856 $199,960 -- --
2024 $14,800 $190,438 -- --
2023 $14,800 $324,320 $64,860 $259,460
2022 $14,171 $251,580 $50,310 $201,270
2021 $14,709 $248,030 $49,600 $198,430
2020 $14,483 $222,200 $44,440 $177,760
2019 $14,518 $217,870 $43,570 $174,300
2018 $13,961 $193,070 $38,610 $154,460
2017 $13,413 $192,480 $38,490 $153,990
2016 $13,068 $169,600 $33,920 $135,680
2015 $6,144 $98,224 $98,224 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5001969

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-31-006