$70,000
SOLD JUN 1, 2012
2.5 Acres
$28,000 Price per Acre
108,900 Sq Ft Lot

Recently Sold

$13 Per Sq Ft

12% Below List Price

11 Days on Market

Highlights

  • Horses Allowed On Property
  • 2.5 Acre Lot
  • No HOA
  • Lone Mountain Elementary School Rated A-
  • Mountain View
  • Level Lot

About This Lot

As of August 2017

LENDER OWNED! Great piece of land to build your dream home. Two & one/half acres of high desert beauty... Take in the mountains and city lights from this location... This is a blank canvas, so dream big! Lender has never occupied this property, so SPDS & CLUE Reports will not be provided...(this must be written in the Purchase Agreement of any offer) Priced to sell today! Take a look around and you will see this is priced aggressively... Call Today!

Last Agent to Sell the Property

Randy Malkin

Cornerstone Real Estate Group License #BR109388000 Listed on: 05/03/2012

Last Buyer's Agent

Dolores Olari

HomeSmart License #SA559572000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,318

Lot Details

  • 2.5 Acre Lot
  • Level Lot
  • Property is zoned R1-70

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Additional Features

  • Mountain Views
  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Meets And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 216-67-125

Property Details

Property Type

Land

Est. Annual Taxes

$1,318

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Rd and Dixiletta Rd
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land, On Site Imp Needed
  • Topography: Level
  • Zoning: R1-70
  • Tax Year: 2011
  • Directions: North on Scottsdale Rd to Davis Rd - Left (west) to 2nd parcel on south side of road...
  • Horses: Yes
  • Lot Size Acres: 2.5
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: Meets and Bounds
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

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

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: 330 ft x 330 ft
  • Lot Size Sq Ft: 108900.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 216-67-125
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1318.0
  • Tax Book Number: 216.00
  • Tax Lot: 0
  • Tax Map Number: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2017
Closed on
Aug 15, 2017
Sold by
Ocinvestments Llc
Bought by
Hiscok Perry
Seller's Agent
David Newman
Real Broker
Buyer's Agent
David Newman
Real Broker
List Price
$1,300,000
Sold Price
$1,215,000
Premium/Discount to List
-$85,000
-6.54%
Current Estimated Value
$2,382,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,167,560
Avg. Annual Appreciation
8.80%
Original Mortgage
$1,093,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2017
Closed on
Aug 14, 2017
Sold by
Hiscok Rachelle and Hiscok Perry
Bought by
Hiscok Perry and Hiscok Rachelle
Seller's Agent
David Newman
Real Broker
Buyer's Agent
David Newman
Real Broker
List Price
$1,300,000
Sold Price
$1,215,000
Premium/Discount to List
-$85,000
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,093,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2013
Sold by
3009 Investments Llc
Bought by
Oc Design Build Llc

Purchase Details

Listed on
May 3, 2012
Closed on
May 21, 2012
Sold by
Washington Federal
Bought by
3009 Investments Llc
Seller's Agent
Randy Malkin
Cornerstone Real Estate Group
Buyer's Agent
Dolores Olari
HomeSmart
List Price
$80,000
Sold Price
$70,000
Premium/Discount to List
-$10,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.68%

Purchase Details

Closed on
Aug 4, 2004
Sold by
Russek Richard and Russek Kimberly Jo
Bought by
Grecu Mihaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2003
Sold by
Hodge Matthew S
Bought by
Russek Richard and Russek Kimberly Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2000
Sold by
Burrell Maurice Keith and Burrell Eleanor S
Bought by
Hodge Matthew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.98%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $1,215,000 Pioneer Title Agency Inc
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Special Warranty Deed -- Accommodation
Cash Sale Deed $70,000 American Title Service Agenc
Warranty Deed $265,000 Security Title Agency
Warranty Deed $160,000 Capital Title Agency Inc
Warranty Deed $120,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $760,000 New Conventional
Closed $100,000 Credit Line Revolving
Closed $1,093,500 New Conventional
Previous Owner $975,000 New Conventional
Previous Owner $212,000 New Conventional
Previous Owner $144,000 Purchase Money Mortgage
Previous Owner $96,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2017 08/15/17 Sold $1,215,000 -2.8% $211 / Sq Ft
06/12/2017 06/12/17 Price Changed $1,250,000 -2.3% $217 / Sq Ft
05/30/2017 05/30/17 Price Changed $1,280,000 -1.5% $222 / Sq Ft
02/08/2017 02/08/17 For Sale $1,300,000 +1757.1% $226 / Sq Ft
06/01/2012 06/01/12 Sold $70,000 -12.5% $13 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $80,000 -- $15 / 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 $4,641 $99,144 -- --
2024 $4,482 $94,423 -- --
2023 $4,482 $139,900 $27,980 $111,920
2022 $4,326 $109,520 $21,900 $87,620
2021 $4,767 $104,580 $20,910 $83,670
2020 $4,696 $101,820 $20,360 $81,460
2019 $4,541 $100,810 $20,160 $80,650
2018 $4,407 $24,600 $24,600 $0
2017 $1,243 $27,150 $27,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4753670

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-67-125A