NOT LISTED FOR SALE

7425 S Joshua Tree Ct Unit 8 Queen Creek, AZ 85142

South Chandler Neighborhood

Estimated Value: $3,494,000 - $3,701,531

0.81 Acre
$4,440,136 Price per Acre
35,284 Sq Ft Lot

Last Sold January 14, 2022

Last sale price $495,000

Est. 627% increase in value since last sale

Current estimated payment $20,400/month

115 Days on Market

Highlights

  • Gated Community
  • 0.81 Acre Lot
  • Cul-De-Sac
  • Riggs Elementary School Rated A
  • Mountain View

About This Lot

As of January 2022

Build your dream home on this large, cul-de-sac lot with unobstructed views of the San Tan Mountains! It is located in the highly sought-after Santan Lakeside Estates, with multi-million dollar custom homes and offers superb security with its gated entrances. The property features north-south exposure and large setbacks guaranteeing privacy. It is build-ready, including fully-assumable build plans that have been approved by the City of Gilbert and the San Tan Lakeside Estates HOA/ Architectural Committee (preliminary approval). Geological studies have been completed and are available upon request. This is essentially a pre-spec offering; all existing planning was completed in close collaboration with a highly-reputable luxury custom builder with extensive experience in this development There are only a handful of undeveloped lots remaining. Come and see this beauty yourself, and you will fall in love! Call now!

Last Listed By

Jake Carter

Zion Realty, LLC License #SA659848000 Listed on: 07/23/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,110

Lot Details

  • 0.81 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Property is zoned SF-15

HOA Fees

  • $174 Monthly HOA Fees

Schools

  • Patterson Elementary School - Gilbert
  • Willie & Coy Payne Jr. High Middle School
  • Basha High School

Additional Features

  • Mountain Views
  • North or South Exposure

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 304-87-263

Community Details

Overview

  • Santan Lakeside HOA, Phone Number (480) 820-1519
  • East Village Of Santan Lakeside Estates 2 Tr L Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,110

Lot Details

0

HOA Fees

$174 per month

Listing Details

  • Cross Street: E Riggs Rd & S Power Rd
  • Legal Info Range: 6E
  • Property Type: Land
  • Zoning: SF-15
  • Tax Year: 2020
  • Directions: Head west on E Riggs Rd to the gated entrance, Left onto E Augusta Ave, Right onto Beach Blvd, Left onto E Runaway Bay Pl, Left onto Joshua Tree Ct, the lot is at the end of the cul-de-sac.
  • Lot Size Acres: 0.81
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: zire001
  • Co List Office Phone: 602-525-1745
  • Subdivision Name: EAST VILLAGE OF SANTAN LAKESIDE ESTATES 2 TR L
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Cul-De-Sac, Lake Subdivision, Mountain View(s), Gated Community, North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 174.0
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480-820-1519
  • HOA Transfer Fee: 185.5
  • Association Fee: 174.0
  • Association Fee Frequency: Monthly
  • Association Name: Santan Lakeside HOA
  • Phone: 480-820-1519
  • Association: Yes

Schools

  • Elementary School: Patterson Elementary School - Gilbert
  • High School: Basha High School
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Lot Size: 0
  • Lot Size Sq Ft: 35283.0
  • Additional Parcels: No
  • Parcel #: 304-87-263
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1110.0
  • Tax Book Number: 304.00
  • Tax Lot: 8
  • Tax Map Number: 87.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
Sherwood Custom Homes Llc
Bought by
Abbott Thomas Patrick and Abbott Karissa Kay
Total Days on Market
115
Current Estimated Value
$3,596,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,788,000
Outstanding Balance
$2,775,113
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$821,397

Purchase Details

Listed on
Jul 23, 2021
Closed on
Jan 14, 2022
Sold by
Wayne Mitteer Anthony
Bought by
Sherwood Custom Homes Llc
Seller's Agent
Jake Carter
Zion Realty, LLC
Buyer's Agent
Gary Smith
Smith Preferred Properties
List Price
$550,000
Sold Price
$495,000
Premium/Discount to List
-$55,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.44%

Purchase Details

Listed on
Jul 23, 2021
Closed on
Jan 12, 2022
Sold by
Wayne Mitteer Anthony
Bought by
Sherwood Custom Homes Llc
Seller's Agent
Jake Carter
Zion Realty, LLC
Buyer's Agent
Gary Smith
Smith Preferred Properties
List Price
$550,000
Sold Price
$495,000
Premium/Discount to List
-$55,000
-10%

Purchase Details

Listed on
Sep 17, 2019
Closed on
Dec 23, 2019
Sold by
Ijaola Olanrewaju and Ijaola Hope
Bought by
Mitteer Anthony Wayne and Kern Elizabeth Joan
Seller's Agent
Roger Lewis
Realty ONE Group
Buyer's Agent
Michael Blue
HomeSmart
List Price
$259,900
Sold Price
$238,000
Premium/Discount to List
-$21,900
-8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.44%

Purchase Details

Closed on
May 21, 2018
Sold by
Ijaola Olanrewaju and Ijaola Hope
Bought by
Ijaola Olanrewaju and Ijaola Hope

Purchase Details

Closed on
Nov 17, 2011
Sold by
Brooks Will D
Bought by
Ijaola Olanrewaju and Ijaola Hope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
4.06%
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
Abbott Thomas Patrick $3,485,000 Clear Title Agency Of Arizona
Abbott Thomas Patrick $3,485,000 Clear Title Agency Of Arizona
Sherwood Custom Homes Llc $495,000 New Title Company Name
Sherwood Custom Homes Llc $495,000 New Title Company Name
Mitteer Anthony Wayne $238,000 First American Title Ins Co
The Ijaola Trust -- First American Title Ins Co
Ijaola Olanrewaju -- None Available
Ijaola Olanrewaju $75,000 Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbott Thomas Patrick $2,788,000
Closed Abbott Thomas Patrick $2,788,000
Previous Owner Ljaola Olanrewaju $1,036,200
Previous Owner Ijaola Olanrewaju $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $495,000 -9.2% --
09/17/2021 09/17/21 Price Changed $545,000 -0.9% --
07/22/2021 07/22/21 For Sale $550,000 +131.1% --
12/20/2019 12/20/19 Sold $238,000 -8.4% --
11/10/2019 11/10/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $259,900 -- --
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 $1,144 $12,572 $12,572 --
2024 $1,122 $11,973 $11,973 --
2023 $1,122 $53,505 $53,505 $0
2022 $1,086 $32,565 $32,565 $0
2021 $1,117 $30,165 $30,165 $0
2020 $1,110 $28,230 $28,230 $0
2019 $1,071 $24,975 $24,975 $0
2018 $1,039 $22,365 $22,365 $0
2017 $980 $19,440 $19,440 $0
2016 $947 $18,300 $18,300 $0
2015 $967 $15,808 $15,808 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jake Carter

    Zion Realty, LLC

    (480) 322-2855

    5 in this area

    185 Total Sales

    Jake Carter
    Section Image

  • P

    Seller Co-Listing Agent in 2022

    Paige Thorson

    Zion Realty, LLC

    (480) 322-2855

    5 in this area

    189 Total Sales

    Paige Thorson
    Section Image

  • G

    Buyer's Agent in 2022

    Gary Smith

    Smith Preferred Properties

    (480) 296-9877

    5 in this area

    35 Total Sales

    Gary Smith
    Section Image

  • R

    Seller's Agent in 2019

    Roger Lewis

    Realty One Group

    (480) 242-7634

    10 in this area

    89 Total Sales

    Roger Lewis
    Section Image

  • M

    Buyer's Agent in 2019

    Michael Blue

    HomeSmart

    (480) 285-3660

    2 in this area

    21 Total Sales

    Michael Blue
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6268681

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-87-263

Arizona Maricopa County Queen Creek 85142 South Chandler

7425 S Joshua Tree Ct Unit 8, Queen Creek, AZ

Homes for Sale in Queen Creek, AZ

This home is located at 7425 S Joshua Tree Ct Unit 8, Queen Creek, AZ 85142 since 23 July 2021 and is currently estimated at $3,596,510. 7425 S Joshua Tree Ct Unit 8 is a home located in Maricopa County with nearby schools including Riggs Elementary School, Willie & Coy Payne Jr. High School, and Ambassador Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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