NOT LISTED FOR SALE

7701 E Thunderbird Rd Unit 75 Scottsdale, AZ 85260

Estimated Value: $2,830,000 - $2,877,000

0.81 Acre
$3,529,007 Price per Acre
35,284 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $740,000

Est. 286% increase in value since last sale

Current estimated payment $16,514/month

17 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • East or West Exposure
  • Sonoran Sky Elementary School Rated A
  • No HOA

About This Lot

As of October 2021

Incredible and Rare Opportunity for Raw Land with a Central location in the Heart of Scottsdale!! Surrounded by Multi-Million Dollar Homes, Much of the development process has already been completed as this property comes with a set of City Approved Home and Site plans for a custom home as well as a site plan and topographical survey(see docs tab). Located in an insulated neighborhood with no road noise yet you are a couple of minutes from Freeway Access and the best Shopping/Dining Scottsdale has to offer. Additional Improvements to the property include a Sewer line which has been plumbed to the property. This lot is one of the last opportunities for someone to build their dream home on raw land!

Last Agent to Sell the Property

Antonio Guerrero

RE/MAX Fine Properties License #BR550560000 Listed on: 08/27/2021

RE/MAX Fine Properties

Last Buyer's Agent

Marc Slavin

Realty ONE Group License #SA633337000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,004

Lot Details

  • 0.81 Acre Lot
  • East or West Exposure
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned R1-35

Schools

  • Sonoran Sky Elementary School - Scottsdale
  • Desert Shadows Middle School - Scottsdale
  • Horizon High School

Additional Features

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

Community Details

  • No Home Owners Association
  • Paradise Valley Ranchos 2 Subdivision

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 175-03-041

Property Details

Property Type

Land

Est. Annual Taxes

$3,004

Lot Details

0

Listing Details

  • Cross Street: Thunderbird & Hayden
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land, Plans Available
  • Topography: {"Level":true}
  • Zoning: R1-35
  • Tax Year: 2020
  • Directions: West on Thunderbird to property on South side of the street.
  • Horses: Yes
  • Lot Size Acres: 0.81
  • Road Surface Type: Asphalt
  • Subdivision Name: PARADISE VALLEY RANCHOS 2
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: East/West Exposure, Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Sonoran Sky Elementary School - Scottsdale
  • High School: Horizon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Desert Shadows Middle School - Scottsdale

Lot Info

  • Lot Size: 149.90 x 235.88 x 149.90 x 235.88
  • Lot Size Sq Ft: 35254.0
  • Additional Parcels: No
  • Parcel #: 175-03-041
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3004.0
  • Tax Book Number: 175.00
  • Tax Lot: 75
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 13, 2021
Sold by
Boyers Valley Developments Llc
Bought by
Experience Arizona By Ddi Llc
Seller's Agent
Antonio Guerrero
RE/MAX Fine Properties
Buyer's Agent
Marc Slavin
Realty ONE Group
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%
Current Estimated Value
$2,858,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,118,496
Avg. Annual Appreciation
45.19%

Purchase Details

Closed on
Dec 14, 2009
Sold by
M & I Bank Fsb
Bought by
Boyers Valley Development Llc

Purchase Details

Closed on
Apr 27, 2009
Sold by
Stevens Robert and Stevens Lonna
Bought by
M&I Bank Fsb

Purchase Details

Closed on
May 24, 2007
Sold by
Reading Beverly S
Bought by
Stevens Robert and Stevens Lonna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 1998
Sold by
Reading William H and Brown Cecil
Bought by
Reading William H and Reading Beverly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.63%

Purchase Details

Closed on
May 2, 1994
Sold by
Reading William H and Brown Cecil
Bought by
Reading William H and Reading Beverly S
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
Experience Arizona By Ddi Llc $740,000 Clear Title Agency Of Az
Boyers Valley Development Llc $150,000 Stewart Title & Trust Of Pho
M&I Bank Fsb $176,674 None Available
Stevens Robert $530,000 Premier Title Group Maricopa
Reading William H -- Nations Title Insurance
Reading William H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Experience Arizona By Ddi Llc $1,500,000
Previous Owner Stevens Robert $848,000
Previous Owner Stevens Robert $500,000
Previous Owner Reading William H $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $740,000 -1.2% --
09/10/2021 09/10/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $749,000 -- --
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 $8,727 $98,495 -- --
2024 $3,080 $93,804 -- --
2023 $3,080 $66,555 $66,555 $0
2022 $3,036 $59,535 $59,535 $0
2021 $3,091 $56,100 $56,100 $0
2020 $3,004 $46,080 $46,080 $0
2019 $3,026 $37,380 $37,380 $0
2018 $2,943 $38,640 $38,640 $0
2017 $2,814 $37,605 $37,605 $0
2016 $2,783 $35,370 $35,370 $0
2015 $2,829 $29,376 $29,376 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6285238

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-03-041