NOT LISTED FOR SALE

8093 W Villa Chula Ln Unit 12 Peoria, AZ 85383

Estimated Value: $1,932,000 - $2,685,000

0.97 Acre
$2,474,659 Price per Acre
42,253 Sq Ft Lot

Last Sold May 29, 2012

Last sale price $106,000

Est. 2,165% increase in value since last sale

Current estimated payment $13,637/month

97 Days on Market

Highlights

  • Gated Community
  • 0.97 Acre Lot
  • Partially Fenced Property
  • Sunrise Mountain High School Rated A-
  • Mountain View
  • Level Lot

About This Lot

As of May 2012

**Professionally negotiated short sale** Unique opportunity on amazing lot in this prestigous million dollar home community. Buying this lot for a fraction of the previous valuation! Homes are encouraged to be massive estates, lot restrictions require large homes to be built - and they defintely are being built in this community.

Last Agent to Sell the Property

Scott Porambo

Prime House LLC License #BR036102000 Listed on: 05/29/2012

Co-Listed By

Tom Taranto

Firerock Realty, LLC License #BR045362000

Last Buyer's Agent

Tom Taranto

Firerock Realty, LLC License #BR045362000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,096

Lot Details

  • 0.97 Acre Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Level Lot
  • Property is zoned R1-18

HOA Fees

  • $115 Monthly HOA Fees

Additional Features

  • Mountain Views
  • North or South Exposure

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 200-07-726

Community Details

Overview

  • Casa De Sunrise Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,096

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Cross Street: Pinnacle Peak Rd and Villa Chula
  • Legal Info Range: 1E
  • Property Type: Land
  • Development Status: Off Site Imp Complte
  • Topography: Level
  • Zoning: R1-18
  • Tax Year: 2011
  • Directions: 83rd Ave to Pinnacle Peak Road east to 81st Dr south through gates (if opened if not call LA) to Expedition east to 80th Ave south to Villa Chula west to cul-de-sac - Sign on property
  • Horses: No
  • Lot Size Acres: 0.97
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: nafp01
  • Co List Office Phone: 480-998-0101
  • Subdivision Name: Casa de Sunrise
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: Mountain View(s), Gated Community, North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 345.0
  • HOA Paid Frequency: Quarterly
  • Association Fee: 345.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 153X278
  • Lot Size Sq Ft: 42471.0
  • Additional Parcels: No
  • Parcel #: 200-07-726
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2096.0
  • Tax Book Number: 200.00
  • Tax Lot: 12
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2014
Sold by
Idiagbon Oke Moronke
Bought by
Oke Adegoke and Idiagbon Oke Moronke
Current Estimated Value
$2,400,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$964,804
Outstanding Balance
$718,019
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,682,400

Purchase Details

Listed on
May 29, 2012
Closed on
May 24, 2012
Sold by
Hayes Roger Lee and Hayes Sherry K
Bought by
Idiagbon Oke Moronke
Seller's Agent
Scott Porambo
Prime House LLC
Buyer's Agent
Tom Taranto
Firerock Realty, LLC
List Price
$129,900
Sold Price
$106,000
Premium/Discount to List
-$23,900
-18.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.22%
Original Mortgage
$74,200
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 29, 2012
Closed on
May 23, 2012
Sold by
Oke Adegoke O
Bought by
Idiagbon Oke Moronke
Seller's Agent
Scott Porambo
Prime House LLC
Buyer's Agent
Tom Taranto
Firerock Realty, LLC
List Price
$129,900
Sold Price
$106,000
Premium/Discount to List
-$23,900
-18.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 25, 2005
Sold by
Casa De Sunrise Llc
Bought by
Hayes Roger Lee and Hayes Sherry K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.99%
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
Oke Adegoke -- Pioneer Title Agency Inc
Idiagbon Oke Moronke $106,000 American Title Service Agenc
Idiagbon Oke Moronke -- American Title Service Agenc
Hayes Roger Lee $310,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oke Adegoke $964,804
Closed Idiagbon Oke Moronke $74,200
Closed Idiagbon Oke Moronke $74,200
Previous Owner Hayes Roger Lee $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2012 05/29/12 Sold $106,000 -18.4% --
05/27/2012 05/27/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $129,900 -- --
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 $9,998 $99,648 -- --
2024 $10,090 $94,903 -- --
2023 $10,090 $178,280 $35,650 $142,630
2022 $9,878 $137,770 $27,550 $110,220
2021 $10,432 $106,910 $21,380 $85,530
2020 $10,126 $105,820 $21,160 $84,660
2019 $9,751 $114,850 $22,970 $91,880
2018 $10,098 $118,530 $23,700 $94,830
2017 $10,378 $118,610 $23,720 $94,890
2016 $8,698 $104,120 $20,820 $83,300
2015 $8,359 $78,430 $15,680 $62,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4725111

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-07-726