NOT LISTED FOR SALE

Estimated Value: $585,000 - $928,000

3 Beds
1.5 Baths
1,568 Sq Ft
$526/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $950,000 $606 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $4,484/month

16 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • Corner Lot
  • Franklin at Brimhall Elementary School Rated A
  • 2.02 Acre Lot
  • No HOA

About This Home

As of June 2024

***HUGE INVESTMENT OPPORTUNITY***

Unique investment opportunity in the heart of Lehi! This historic home presents an exciting chance for renovation and restoration. Situated on OVER 2 acres, this property offers not just a piece of real estate but a slice of Lehi's history as it was the area's first trading post. Current home is 3 bed and 1.5 baths and is situated on the corner of Horne and Lehi Rd. While the home is being sold AS-IS and may require significant renovation, it presents a blank canvas for creative visionaries. With over 2 acres of land at your disposal, there's ample space to transform this property into something truly remarkable. Zoned R-43 so can be divided into 2-1 acre lots. Lehi's thriving community and proximity to the 202 make it a highly desirable parcel

Last Agent to Sell the Property

William Nager

My Home Group Real Estate License #SA632171000 Listed on: 05/02/2024

My Home Group Real Estate

Last Buyer's Agent

Ana Garcia

Big Door Realty, LLC License #BR535156000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,755

Year Built

  • Built in 1920

Lot Details

  • 2.02 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Shake Roof
  • Adobe

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 1 Carport Space
  • RV Access or Parking

Schools

  • Lehi Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Outdoor Storage
  • Flood Irrigation
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Lehi Subdivision

Listing and Financial Details

  • Assessor Parcel Number 136-11-011-H

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,755

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: Lehi and Horne
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1920
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 2.02
  • Subdivision Name: Lehi
  • New Construction: No
  • Property Attached Yn: No
  • Tax Parcel Letter: H
  • General Property Description:PriceSqFt: 605.86
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Possible Use: Ranch, Farm, Grove
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: See Remarks
  • Living Area: 1568.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Storage
  • Lot Features: Corner Lot, Grass Front, Grass Back, Irrigation Front, Irrigation Back, Flood Irrigation
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Adobe, Brick
  • Property Condition: Fixer
  • Roof: Shake
  • Exterior Features:Storage: Yes
  • Construction:Adobe: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: RV Access/Parking, Separate Strge Area
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 3.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Lehi Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 88078.0
  • Parcel #: 136-11-011-H

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 1755.0
  • Tax Book Number: 136.00
  • Tax Lot: -
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jun 21, 2024
Sold by
Malchow Andrea L
Bought by
Npm Inc
Seller's Agent
William Nager
My Home Group Real Estate
Buyer's Agent
Ana Garcia
Big Door Realty, LLC
List Price
$950,000
Sold Price
$950,000
Views
23
Current Estimated Value
$824,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$125,440
Avg. Annual Appreciation
-8.79%
Original Mortgage
$665,000
Outstanding Balance
$656,627
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$167,933

Purchase Details

Closed on
Mar 23, 2021
Sold by
Malchow Andrea L
Bought by
Malchow Andrea L and Andrea Malchow Living Trust
Source: Public Records
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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
Npm Inc $950,000 Capital Title
Malchow Andrea L -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Npm Inc $665,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $950,000 0.0% $606 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $950,000 -- $606 / 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 $2,062 $20,900 -- --
2024 $1,755 $19,905 -- --
2023 $1,755 $41,350 $8,270 $33,080
2022 $1,716 $30,530 $6,100 $24,430
2021 $1,763 $30,300 $6,060 $24,240
2020 $1,740 $29,130 $5,820 $23,310
2019 $1,612 $24,500 $4,900 $19,600
2018 $1,539 $22,200 $4,440 $17,760
2017 $1,490 $19,700 $3,940 $15,760
2016 $1,463 $19,520 $3,900 $15,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6698731

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-11-011H