NOT LISTED FOR SALE

7632 E Vía Del Placito Unit 32 Scottsdale, AZ 85258

McCormick Ranch Neighborhood

Estimated Value: $1,949,000 - $3,253,000

0.47 Acre
$5,140,274 Price per Acre
20,473 Sq Ft Lot

Last Sold April 22, 2022

Last sale price $1,850,000

Est. 31% increase in value since last sale

Current estimated payment $13,864/month

74 Days on Market

Highlights

  • Waterfront
  • 0.47 Acre Lot
  • Cul-De-Sac
  • Kiva Elementary School Rated A
  • Mountain View
  • Level Lot

About This Lot

As of April 2022

McCORMICK RANCH STUNNING WATERFRONT LOT | HALF ACRE | CUL DE SAC | WATER-SEWER: Rare opportunity to customize your New Dream Home or continue current owners design plans. Extraordinary location of Custom Homes. Offered as a ''Vacant Lot'' •House is completely clear and only the slab is remaining . Pool has been filled in and compacted in layers.
Excellent waterfrontage with Dock in-place offering North/Northwest views. You can: 1: Bring your builder and start your custom project from scratch or; 2: Pick-up current owners version and plans for 4100 sq ft custom dream home already in progress at additional cost of land purchase. List Price is Land Only.

Last Agent to Sell the Property

Stephanie Femino Boudreau

Russ Lyon Sotheby's International Realty License #SA688411000 Listed on: 01/22/2022

Russ Lyon Sotheby's International Realty

Co-Listed By

David Boudreau

Russ Lyon Sotheby's International Realty License #BR530725000

Last Buyer's Agent

Roxanne M. Scott

Realty ONE Group License #SA115348000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,622

Lot Details

  • 0.47 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Block Wall Fence
  • Level Lot
  • Property is zoned R1-10

HOA Fees

  • $18 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Community Details

  • Mccormick Ranch Association, Phone Number (480) 850-1122
  • Palo Viento 1 Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 177-07-032

Property Details

Property Type

Land

Est. Annual Taxes

$6,622

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Property Type: Land
  • Topography: Level
  • Zoning: R1-10
  • Tax Year: 2021
  • Directions: E. Via Ventura-South on N Via Del Lago: East on E Del Placito OR E. McCormick Parkway, North on Northern to N. Via Del Lago-East on E Del Placito
  • Lot Size Acres: 0.47
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reax16
  • Co List Office Phone: 602-861-3300
  • Subdivision Name: Palo Viento 1
  • View:Mountain View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Lot Features: See Remarks, Cul-De-Sac, Waterfront, Lake Subdivision
  • View: Mountain(s)
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: Other
  • Land Features:Waterfront: Yes

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 216.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 480-850-1122
  • HOA Transfer Fee: 600.0
  • Association Property Info PAD Paid Frequency: Annually
  • Association Fee: 216.0
  • Association Fee Frequency: Annually
  • Association Name: McCormick Ranch
  • Phone: 480-850-1122
  • Association: Yes

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: irregular
  • Lot Size Sq Ft: 20340.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 177-07-032
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6622.0
  • Tax Book Number: 177.00
  • Tax Lot: 32
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Apr 13, 2022
Sold by
Tomblin Trust
Bought by
James Charles and James Kim
Seller's Agent
Stephanie Femino Boudreau
Russ Lyon Sotheby's International Realty
Buyer's Agent
Roxanne M. Scott
Realty ONE Group
List Price
$2,000,000
Sold Price
$1,850,000
Premium/Discount to List
-$150,000
-7.5%
Current Estimated Value
$2,415,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,929
Avg. Annual Appreciation
7.88%
Original Mortgage
$1,202,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2021
Sold by
Strako Jay M
Bought by
Tomblin Douglas E and Tomblin Teri A

Purchase Details

Closed on
Aug 27, 2010
Sold by
Leavelle Michael D and Leavelle Sherrie A
Bought by
Strako Jay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 1998
Sold by
Leavelle Sherrie Ann
Bought by
Leavelle Michael D and Leavelle Sherrie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.84%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 30, 1994
Sold by
Phh Homequity Corp
Bought by
Phillips Zola L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 1994
Sold by
Borrel Andre and Borrel Jacqueline
Bought by
Phh Homequity Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
James Charles $1,850,000 Fidelity National Title
Tomblin Douglas E $1,400,000 Security Title Agency Inc
Strako Jay M $610,000 Fidelity Natl Title Ins Co
Leavelle Michael D -- Capital Title Agency
Phillips Zola L $350,000 Fidelity National Title Co
Phh Homequity Corp $359,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Charles $3,750,000
Closed James Charles $3,000,000
Closed James Charles $1,202,500
Previous Owner Strako Jay M $510,000
Previous Owner Strako Jay M $380,000
Previous Owner Strako Jay M $415,000
Previous Owner Leavelle Michael D $800,000
Previous Owner Leavelle Michael D $800,000
Previous Owner Leavelle Michael D $600,000
Previous Owner Leavelle Michael D $125,000
Previous Owner Phillips Zola L $60,000
Closed Leavelle Michael D $50,548
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $1,850,000 -3.9% --
03/15/2022 03/15/22 Price Changed $1,925,000 -3.8% --
01/05/2022 01/05/22 For Sale $2,000,000 -- --
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 $6,035 $89,198 -- --
2024 $4,976 $84,951 -- --
2023 $4,976 $143,595 $143,595 $0
2022 $6,232 $99,050 $19,810 $79,240
2021 $6,622 $92,210 $18,440 $73,770
2020 $5,964 $88,760 $17,750 $71,010
2019 $5,734 $92,560 $18,510 $74,050
2018 $5,533 $92,300 $18,460 $73,840
2017 $5,274 $79,350 $15,870 $63,480
2016 $5,160 $72,270 $14,450 $57,820
2015 $4,883 $71,080 $14,210 $56,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6337826

Arizona Regional Multiple Listing Service (ARMLS)

APN: 177-07-032