NOT LISTED FOR SALE

Estimated Value: $2,466,000 - $2,827,000

2.5 Acres
$1,030,120 Price per Acre
108,900 Sq Ft Lot

Last Sold June 19, 2020

Last sale price $275,000

Est. 836% increase in value since last sale

Current estimated payment $14,707/month

994 Days on Market

Highlights

  • 2.5 Acre Lot
  • Mountain View
  • No HOA
  • Lone Mountain Elementary School Rated A-

About This Lot

As of June 2020

Incredible opportunity to build the home of your dreams in an extremely private North Scottsdale neighborhood with breathtaking mountain views. 2.5 acres of flat/build-able land with horse property rights. Close proximity to loop 101 and everything that North Scottsdale has to offer. Plans included with purchase of lot. Utilities are easily accessible. Buyer to do their own due diligence. See document section for additional plans and documents.

Last Agent to Sell the Property

Teddy Shonka

HomeSmart License #SA645804000 Listed on: 09/10/2017

HomeSmart

Last Buyer's Agent

Jonathan Knutson

HomeSmart License #SA654857000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $811

Year Built

  • 2023

Lot Details

  • 2.5 Acre Lot
  • Property is zoned R-70

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Custom Subdivision

Listing and Financial Details

  • Assessor Parcel Number 216-67-192

Property Details

Property Type

Land

Est. Annual Taxes

$811

Year Built

2023

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Rd & Lone Mountain
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land, Plans Included
  • Zoning: R-70
  • Tax Year: 2017
  • Directions: North on Scottsdale Rd. West on Lowden. Property is on North Side of the Street.
  • Lot Size Acres: 2.5
  • Road Surface Type: Private Street
  • Subdivision Name: Custom
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Mountain View(s), North/South Exp, Adjacent to Wash
  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: None
  • Water Source: Check Availability

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 330 x 330
  • Horse Amenities: Other, See Remarks
  • Lot Size Sq Ft: 108900.0
  • Additional Parcels: No
  • Parcel #: 216-67-192
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 811.0
  • Tax Book Number: 216.00
  • Tax Lot: -
  • Tax Map Number: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2023
Sold by
Thompson Jacob and Thompson Ashley
Bought by
Thompson Revocable Trust and Thompson
Total Days on Market
994
Current Estimated Value
$2,575,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,289,000
Outstanding Balance
$1,268,308
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$1,306,993

Purchase Details

Closed on
Sep 21, 2020
Sold by
Thompson And Associates Llc
Bought by
Thompson Jacob and Thompson Ashley

Purchase Details

Listed on
Sep 10, 2017
Closed on
Jun 16, 2020
Sold by
Icm Holdings Llc
Bought by
Thompson And Associates Llc
Seller's Agent
Teddy Shonka
HomeSmart
Buyer's Agent
Jonathan Knutson
HomeSmart
List Price
$425,000
Sold Price
$275,000
Premium/Discount to List
-$150,000
-35.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.99%

Purchase Details

Closed on
Sep 12, 2018
Sold by
Comlli Charles M
Bought by
Icm Holdings Llc

Purchase Details

Closed on
Dec 1, 2016
Sold by
Vulovich Lou
Bought by
Comolli Charles M

Purchase Details

Closed on
Aug 2, 2013
Sold by
Vulovich Vera S and Vulovich Lou
Bought by
Vulovich Lou and Vulovich Vera S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2006
Sold by
Ozaki Ismail Hakki
Bought by
Vulovich Lou and Vulovich Vera S

Purchase Details

Closed on
Dec 22, 2004
Sold by
Ozaki Tamara
Bought by
Ozaki Ismail Hakki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,750
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2002
Sold by
Egger Judith M
Bought by
Drd Properties Llc
Source: Public Records

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Range of Values:

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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
Thompson Revocable Trust -- Greystone Title
Thompson Jacob -- None Available
Thompson And Associates Llc $275,000 Chicago Title Agency Inc
Icm Holdings Llc -- None Available
Comolli Charles M $225,000 Chicago Title Agency
Vulovich Lou -- Grand Canyon Title Agency In
Vulovich Lou -- Security Title Agency Inc
Ozaki Ismail Hakki -- Grand Canyon Title Agency In
Ozaki Ismail Hakki $329,000 Grand Canyon Title Agency In
Drd Properties Llc $170,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Revocable Trust $1,289,000
Previous Owner Thompson Jacob $1,237,000
Previous Owner Vulovich Lou $85,000
Previous Owner Ozaki Ismail Hakki $246,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $275,000 -6.8% --
05/30/2020 05/30/20 Pending -- -- --
03/15/2019 03/15/19 Price Changed $295,000 -15.7% --
11/07/2017 11/07/17 Price Changed $350,000 -17.6% --
09/09/2017 09/09/17 For Sale $425,000 -- --
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 $3,016 $103,758 -- --
2024 $873 $52,148 -- --
2023 $873 $42,420 $42,420 $0
2022 $841 $34,110 $34,110 $0
2021 $913 $33,795 $33,795 $0
2020 $897 $30,075 $30,075 $0
2019 $870 $25,755 $25,755 $0
2018 $846 $25,890 $25,890 $0
2017 $815 $28,695 $28,695 $0
2016 $811 $23,895 $23,895 $0
2015 $818 $20,224 $20,224 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5658410

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-67-192