NOT LISTED FOR SALE

7482 S Mccormick Way Unit 6 Queen Creek, AZ 85142

South Chandler Neighborhood

Estimated Value: $2,871,000 - $3,143,720

0.8 Acre
$3,712,412 Price per Acre
34,848 Sq Ft Lot

Last Sold June 15, 2020

Last sale price $275,000

Est. 980% increase in value since last sale

Current estimated payment $16,890/month

652 Days on Market

Highlights

  • Gated Community
  • 0.8 Acre Lot
  • Level Lot
  • Riggs Elementary School Rated A
  • Mountain View

About This Lot

As of June 2020

.80 ACRE INTERIOR LOT IN THE LUXURIOUS, GATED SANTAN LAKESIDE ESTATES. LOCATED IN THE WEST VILLAGE. THIS SKI LAKE COMMUNITY HOUSES MULTI-MILLION DOLLAR, CUSTOM HOMES AND YIELDS GORGEOUS MOUNTAIN VIEW. Maricopa County property taxes, Gilbert services/utilities and Gilbert taxes. Only has Queen Creek address because it is right on the border.

Last Agent to Sell the Property

Tayler Alexander-Perez

Compass License #BR574800000 Listed on: 07/25/2018

Compass

Last Buyer's Agent

Tayler Alexander-Perez

Compass License #BR574800000 Listed on: 07/25/2018

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $980

Lot Details

  • 0.8 Acre Lot
  • Level Lot

HOA Fees

  • $155 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

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

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 304-87-241

Community Details

Overview

  • Santanlakesideestate Association, Phone Number (480) 820-1519
  • Santan Lakeside Estates Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$980

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Cross Street: Higley & Riggs
  • Legal Info Range: 6E
  • Property Type: Land
  • Topography: Level
  • Zoning: RESIDENTIAL
  • Tax Year: 2017
  • Directions: E on Riggs to entrance on right. Enter though right gate (Augusta). Left on Tatum. Right on Runaway Bay Pl. Left on McCormick. Lot is 2nd on the right after the curve.
  • Horses: No
  • Lot Size Acres: 0.8
  • Road Surface Type: Asphalt
  • Subdivision Name: Santan Lakeside Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Lake Subdivision, Mountain View(s), Gated Community
  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 155.0
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480-820-1519
  • HOA Transfer Fee: 185.5
  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Association Name: SantanLakesideEstate
  • Phone: 480-820-1519
  • Association: Yes

Schools

  • Elementary School: Charlotte Patterson Elementary
  • High School: Basha High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Lot Size: 159' x 269'
  • Lot Size Sq Ft: 35010.0
  • Additional Parcels: No
  • Parcel #: 304-87-241
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 980.0
  • Tax Book Number: 304.00
  • Tax Lot: 6
  • Tax Map Number: 87.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2025
Sold by
Mbmm Trust and Gibbs Kathleen Marie
Bought by
J Trust and Kennedy
Current Estimated Value
$2,969,930

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
Outstanding Balance
$1,998,285
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$971,645

Purchase Details

Closed on
Jan 30, 2023
Sold by
Gibbs Kathleen M
Bought by
Mbmm Trust

Purchase Details

Listed on
Jul 25, 2018
Closed on
Jun 11, 2020
Sold by
Adonna B Cullumber Llc
Bought by
Gibbs Kathleen M
Seller's Agent
Tayler Alexander-Perez
Compass
Buyer's Agent
Tayler Alexander-Perez
Compass
List Price
$250,000
Sold Price
$275,000
Premium/Discount to List
$25,000
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
56.14%

Purchase Details

Closed on
Dec 31, 2005
Sold by
Brodson Investments Llc
Bought by
Adonna B Cullumber Llc
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
J Trust $2,650,000 Fidelity National Title Agency
Mbmm Trust -- --
Gibbs Kathleen M $275,000 Landmark Ttl Assurance Agcy
Adonna B Cullumber Llc -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J Trust $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Sold $275,000 0.0% --
05/07/2020 05/07/20 Pending -- -- --
04/27/2020 04/27/20 Price Changed $275,000 +10.0% --
07/25/2018 07/25/18 For Sale $250,000 -- --
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 $11,885 $130,555 -- --
2024 $11,649 $124,338 -- --
2023 $11,649 $207,750 $41,550 $166,200
2022 $1,086 $32,340 $32,340 $0
2021 $1,117 $29,970 $29,970 $0
2020 $1,110 $28,050 $28,050 $0
2019 $1,071 $24,825 $24,825 $0
2018 $1,039 $22,215 $22,215 $0
2017 $980 $19,305 $19,305 $0
2016 $947 $18,180 $18,180 $0
2015 $967 $15,712 $15,712 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5797791

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-87-241