NOT LISTED FOR SALE

Estimated Value: $8,203,234

0.8 Acre
$10,254,042 Price per Acre
34,848 Sq Ft Lot

Last Sold May 19, 2016

Last sale price $999,999

Est. 720% increase in value since last sale

Current estimated payment $46,762/month

79 Days on Market

Highlights

  • 0.8 Acre Lot
  • Mountain View
  • Cul-De-Sac
  • Kiva Elementary School Rated A
  • No HOA

About This Lot

As of May 2016

Great opportunity to own and develop this amazing, flat lot located on the south side of Mummy Mountain. This property is north-south facing and has views of Mummy and Camelback mountain all around. Build your dream home on this well established, highly desirable location. Private cul-de-sac location surrounded by multi million dollar homes. Located in Walking distance to El Chorro, Camelback Inn, and the new Mountain Shadows Resort coming soon.
Lot has been cleared and is ready for prep. Beautiful location to build your dream home.

Last Listed By

Sandra Finocchiaro

Realty ONE Group License #BR529277000 Listed on: 12/09/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,500

Year Built

  • 2018

Lot Details

  • 0.8 Acre Lot
  • Cul-De-Sac
  • Property is zoned R-43

Schools

  • Cherokee Elementary School
  • Cocopah Middle School
  • Chaparral High School

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Club Estates Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 169-32-015

Property Details

Property Type

Land

Est. Annual Taxes

$5,500

Year Built

2018

Lot Details

0

Listing Details

  • Cross Street: Lincoln & Lost Dutchman
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-43
  • Tax Year: 2014
  • Directions: Lincoln to Lost Dutchman, North to Cactus Wren, E to property at end of cul-de-sac.
  • Lot Size Acres: 0.8
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: gdes01
  • Co List Office Phone: 602-903-7209
  • Subdivision Name: CLUB ESTATES
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm, Boundary Survey Avlb
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Lot Size: 171 x 174 x 165 x 196
  • Lot Size Sq Ft: 34797.0
  • Additional Parcels: No
  • Parcel #: 169-32-015
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5500.0
  • Tax Book Number: 169.00
  • Tax Lot: 13
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2018
Sold by
Desouza Calum
Bought by
Desouza Calum Bruno and Desouza Tricia
Total Days on Market
79
Current Estimated Value
$8,203,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.37%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 9, 2015
Closed on
May 18, 2016
Sold by
Desouza Tricia and Desouza Calum
Bought by
Desouza Calum and Desouza Tricia
Seller's Agent
Sandra Finocchiaro
Realty ONE Group
Buyer's Agent
Tricia DeSouza
HomeSmart
List Price
$1,195,000
Sold Price
$999,999
Premium/Discount to List
-$195,001
-16.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.31%

Purchase Details

Listed on
Dec 9, 2015
Closed on
Apr 14, 2016
Sold by
Finocchiaro Peter A and Finocchiaro Sandra
Bought by
Desouza Calum
Seller's Agent
Sandra Finocchiaro
Realty ONE Group
Buyer's Agent
Tricia DeSouza
HomeSmart
List Price
$1,195,000
Sold Price
$999,999
Premium/Discount to List
-$195,001
-16.32%

Purchase Details

Listed on
Mar 21, 2015
Closed on
Apr 30, 2015
Sold by
Grass Is Greener Llc
Bought by
Finocchiaro Peter A and Finocchiaro Sandra
Seller's Agent
Babbi Gabel
RETSY
Buyer's Agent
Sandra Finocchiaro
Realty ONE Group
List Price
$1,095,000
Sold Price
$1,000,000
Premium/Discount to List
-$95,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.00%

Purchase Details

Closed on
Apr 9, 2004
Sold by
Sonria Llc
Bought by
Grass Is Greener Llc

Purchase Details

Closed on
Sep 16, 2003
Sold by
Champagne Lloyd P
Bought by
Sonria Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,600
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 1998
Sold by
Hegarty Gail L
Bought by
Andersen Bruce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
7.07%

Purchase Details

Closed on
May 24, 1994
Sold by
Wright Hamilton M and Wright Jane P
Bought by
Andersen Bruce A and Hegarty Gail L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Interest Rate
7.37%
Mortgage Type
New Conventional

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
Desouza Calum Bruno -- First Arizona Title Agency
Desouza Calum -- Pioneer Title Agency Inc
Desouza Calum $999,999 Pioneer Title Agency Inc
Finocchiaro Peter A $970,000 Driggs Title Agency Inc
Grass Is Greener Llc -- --
Sonria Llc $722,000 Capital Title Agency Inc
Champagne Lloyd P $722,000 Capital Title Agency Inc
Andersen Bruce A -- Nations Title Insurance
Andersen Bruce A $338,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desouza Calum Bruno $5,712,000
Closed Desouza Calum Bruno $3,300,000
Closed Desouza Calum Bruno $2,000,000
Previous Owner Finocchiaro Peter A $300,000
Previous Owner Champagne Lloyd P $577,600
Previous Owner Andersen Bruce A $150,000
Previous Owner Andersen Bruce A $311,250
Previous Owner Andersen Bruce A $270,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2016 05/19/16 Sold $999,999 -16.3% --
02/26/2016 02/26/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $1,195,000 +19.5% --
05/05/2015 05/05/15 Sold $1,000,000 -8.7% --
04/11/2015 04/11/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $1,095,000 -- --
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
2025 $12,769 $217,211 -- --
2024 $12,593 $206,868 -- --
2023 $12,593 $440,780 $88,150 $352,630
2022 $12,080 $309,750 $61,950 $247,800
2021 $12,842 $284,950 $56,990 $227,960
2020 $12,760 $252,000 $50,400 $201,600
2019 $12,319 $225,120 $45,020 $180,100
2018 $5,802 $121,620 $121,620 $0
2017 $5,574 $114,810 $114,810 $0
2016 $5,457 $98,970 $98,970 $0
2015 $5,523 $86,896 $86,896 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5371490

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-32-015