NOT LISTED FOR SALE

Estimated Value: $802,000 - $1,374,000

1.4 Acres
$736,819 Price per Acre
60,984 Sq Ft Lot

Last Sold March 15, 2021

Last sale price $400,000

Est. 158% increase in value since last sale

Current estimated payment $6,126/month

794 Days on Market

About This Lot

As of March 2021

Located in the private, guard-gated community of WR Estates, this 1.4 acre north/south facing home site offers a generous 25,000 square foot building envelope * Distant mountain views include Lone Mountain, Black Mountain, and the Tortuga's * This flat, easy build lot sits in the lush Sonoran Desert with tall saguaros and plentiful ironwood, Palo Verde and mesquite trees * WR Estates' offers onsite amenities including full-time concierge, security staff, state-of-the-art fitness facility, locker rooms, heated lap pool & spa, tennis courts, BBQ pavilion and large turf area *

Last Agent to Sell the Property

Will Foote

Russ Lyon Sotheby's International Realty License #SA561829000 Listed on: 11/30/2018

Russ Lyon Sotheby's International Realty

Co-Listed By

Jay Pennypacker

The Noble Agency License #SA629903000

Last Buyer's Agent

Cammie Beckert

Camelot Homes, Inc. License #BR115229000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,504

Lot Details

  • 1.4 Acre Lot
  • Property is zoned R1-70

HOA Fees

  • $503 Monthly HOA Fees

Schools

  • Lone Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Community Details

  • Wreca Association, Phone Number (480) 575-6306
  • Whisper Rock Unit 1 Subdivision

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 216-51-064

Property Details

Property Type

Land

Est. Annual Taxes

$1,504

Lot Details

0

HOA Fees

$503 per month

Listing Details

  • Cross Street: Scottsdale Road & Lone Mountain Road
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: R1-70
  • Tax Year: 2019
  • Directions: East on Lone Mountain Road off Scottsdale Road, North on Hayden Road to Gate House OR West on Lone Mountain Road off Pima Road, North on Hayden Road to Gate House.
  • Lot Size Acres: 1.4
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: WHISPER ROCK UNIT 1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1510.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-575-6306
  • Association Fee: 1510.0
  • Association Fee Frequency: Quarterly
  • Association Name: WRECA
  • Phone: 480-575-6306
  • Association: Yes

Schools

  • Elementary School: Lone Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 60824.0
  • Additional Parcels: No
  • Parcel #: 216-51-064
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1504.0
  • Tax Book Number: 216.00
  • Tax Lot: 60
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2023
Sold by
Mark Hancock Development Corpo
Bought by
Davis Steven O and Davis Taunya L
Current Estimated Value
$1,031,547

Purchase Details

Listed on
Nov 30, 2018
Closed on
Mar 9, 2021
Sold by
John & Judith Sahid Fam Invesments Llc
Bought by
Mark Hancock Development Corporation
Seller's Agent
Will Foote
Russ Lyon Sotheby's International Realty
Buyer's Agent
Cammie Beckert
Camelot Homes, Inc.
List Price
$495,000
Sold Price
$400,000
Premium/Discount to List
-$95,000
-19.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.03%

Purchase Details

Closed on
Jun 1, 2004
Sold by
Gs Of Scottsdale Inc
Bought by
John & Judith Sahid Family Investments L

Purchase Details

Closed on
Nov 27, 2000
Sold by
Whisper Rock Estates Llc
Bought by
Gs Of Scottsdale Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.86%
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
Davis Steven O $1,000,000 Arizona Premier Title
Mark Hancock Development Corporation $400,000 Lawyers Title Of Arizona Inc
John & Judith Sahid Family Investments L $425,000 First American Title Ins Co
Gs Of Scottsdale Inc $440,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gs Of Scottsdale Inc $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $400,000 -5.9% --
01/29/2021 01/29/21 Pending -- -- --
11/16/2020 11/16/20 Price Changed $425,000 -5.6% --
12/02/2019 12/02/19 Price Changed $450,000 -9.1% --
11/27/2018 11/27/18 For Sale $495,000 -- --
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 $1,578 $28,644 $28,644 --
2024 $1,509 $27,280 $27,280 --
2023 $1,509 $53,415 $53,415 $0
2022 $1,454 $58,935 $58,935 $0
2021 $1,578 $53,055 $53,055 $0
2020 $1,550 $44,685 $44,685 $0
2019 $1,504 $39,885 $39,885 $0
2018 $1,462 $42,345 $42,345 $0
2017 $1,409 $37,680 $37,680 $0
2016 $1,402 $36,150 $36,150 $0
2015 $1,414 $31,264 $31,264 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5852601

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-51-064