NOT LISTED FOR SALE

Estimated Value: $1,424,000 - $2,358,507

0.77 Acre
$2,605,035 Price per Acre
33,541 Sq Ft Lot

Last Sold October 05, 2018

Last sale price $425,000

Est. 372% increase in value since last sale

Current estimated payment $11,230/month

43 Days on Market

Highlights

  • 0.77 Acre Lot
  • Corner Lot
  • Shed
  • Cherokee Elementary School Rated A
  • No HOA

About This Lot

As of October 2018

This is an amazing property in an equally amazing part of town. It presently borders Paradise Valley homes. It is among million dollar homes, one of which just sold across the street for over $1,000,000.00. The property 2 doors to the south recently sold for $620,000, they demolished the house and are building a new dream home. Values in this area are soaring and going up all the time. This is the perfect location for your dream home. It is close to the freeways and close to all Scottsdale and Phoenix area businesses. It is also listed in residential housing under MLS# 5784395.

Last Agent to Sell the Property

Gary Chase

West USA Realty License #SA032053000 Listed on: 06/23/2018

West USA Realty

Last Buyer's Agent

Dan Moore

Russ Lyon Sotheby's International Realty License #SA632380000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,400

Lot Details

  • 0.77 Acre Lot
  • Block Wall Fence
  • Corner Lot

Schools

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

Additional Features

  • North or South Exposure
  • Residence on Property

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 168-02-030

Community Details

Overview

  • No Home Owners Association
  • Tierra Feliz North 2 Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$3,400

Lot Details

0

Listing Details

  • Cross Street: 60th Pl. and Shea Blvd.
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: residential
  • Tax Year: 2017
  • Directions: House is on the corner of Shea and 60th Pl.
  • Lot Size Acres: 0.77
  • Road Surface Type: Asphalt
  • Subdivision Name: TIERRA FELIZ NORTH 2
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Dual Street Ftg, North/South Exp
  • Disclosures: None
  • Other Structures: Shed(s), Residence

Utilities

  • Electric: APS
  • Water Source: City Franchise

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: irregular
  • Lot Size Sq Ft: 33735.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 168-02-030
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3400.0
  • Tax Book Number: 168.00
  • Tax Lot: 109
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2021
Sold by
Mojo Financial Llc
Bought by
Titus Ralph T
Current Estimated Value
$2,005,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$491,551
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,514,326

Purchase Details

Listed on
Jun 23, 2018
Closed on
Aug 27, 2018
Sold by
Aube Ilene Laurie
Bought by
Mojo Financial Llc
Seller's Agent
Gary Chase
West USA Realty
Buyer's Agent
Dan Moore
Russ Lyon Sotheby's International Realty
List Price
$500,000
Sold Price
$425,000
Premium/Discount to List
-$75,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.86%
Original Mortgage
$330,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 6, 2015
Sold by
Wallace Steve
Bought by
The Steve Wallace Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First
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
Titus Ralph T -- Fin Title
Mojo Financial Llc $425,000 First American Title Insuran
The Steve Wallace Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Titus Ralph T $548,250
Previous Owner Mojo Financial Llc $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $425,000 -15.0% --
08/24/2018 08/24/18 For Sale $500,000 0.0% --
08/04/2018 08/04/18 Pending -- -- --
07/21/2018 07/21/18 Price Changed $500,000 -16.5% --
06/22/2018 06/22/18 For Sale $599,000 -- --
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 $7,143 $90,887 -- --
2024 $7,000 $86,559 -- --
2023 $7,000 $149,930 $29,980 $119,950
2022 $6,714 $118,600 $23,720 $94,880
2021 $6,958 $109,960 $21,990 $87,970
2020 $3,918 $54,770 $10,950 $43,820
2019 $3,771 $51,210 $10,240 $40,970
2018 $3,627 $47,850 $9,570 $38,280
2017 $3,484 $44,550 $8,910 $35,640
2016 $3,395 $46,660 $9,330 $37,330
2015 $2,709 $40,150 $8,030 $32,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5784398

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-02-030