NOT LISTED FOR SALE

Estimated Value: $1,881,000 - $4,041,868

1.09 Acres
$2,857,309 Price per Acre
47,480 Sq Ft Lot

Last Sold August 22, 2018

Last sale price $430,000

Est. 585% increase in value since last sale

Current estimated payment $16,657/month

177 Days on Market

About This Lot

As of August 2018

Fantastic opportunity in Pinnacle Peak Estates which only has 1 acre lots. This lot is different than any other lot you will see because most of the lot work has already been started. Old home was 1970 original with 8ft ceilings and was demo'd for remodel/rebuild. New owner can build a custom home of your dreams. Existing Slab and pool already in place, all utilities are on location, work with the existing footprint or start your own. Stunning mountain views and great location. Easy access to 101, great shopping, fine dining, championship golf and so much more!

Last Agent to Sell the Property

Vanessa Garza

HomeSmart License #SA549576000 Listed on: 01/23/2018

Last Buyer's Agent

Annie Cole

Compass License #SA531848000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,999

Lot Details

  • 1.09 Acre Lot
  • Chain Link Fence
  • Property is zoned R-43

HOA Fees

  • $26 Monthly HOA Fees

Schools

  • Pinnacle Peak Preparatory Elementary School
  • Mountain Trail Middle School
  • Pinnacle High School

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • Pinnacle Peak HOA, Phone Number (602) 316-0112
  • Pinnacle Peak Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 212-03-105

Property Details

Property Type

Land

Est. Annual Taxes

$2,999

Lot Details

0

HOA Fees

$26 per month

Listing Details

  • Cross Street: 81st St and Pinnacle Peak Rd
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Plans Available, On Site Imp Needed, Prelim Eng Needed
  • Zoning: R-43
  • Tax Year: 2017
  • Directions: Scottsdale Rd to pinnacle peak. head east on pinnacle peak and head north on 81st St. Street will curve into Camino Adele and lot is on the right hand side
  • Lot Size Acres: 1.09
  • Road Surface Type: Asphalt
  • Subdivision Name: PINNACLE PEAK ESTATES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 312.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 602-316-0112
  • HOA Transfer Fee: 200.0
  • Association Fee: 312.0
  • Association Fee Frequency: Annually
  • Association Name: Pinnacle Peak HOA
  • Phone: 602-316-0112
  • Association: Yes

Schools

  • Elementary School: Pinnacle Peak Preparatory
  • High School: Pinnacle High School
  • Middle Or Junior School: Mountain Trail Middle School

Lot Info

  • Lot Size: irregular shape
  • Lot Size Sq Ft: 47387.0
  • Additional Parcels: No
  • Parcel #: 212-03-105
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2999.0
  • Tax Book Number: 212.00
  • Tax Lot: -
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2021
Sold by
Simpson Steven and Simpson Peta
Bought by
Core Four West Llc
Current Estimated Value
$2,944,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,317,500
Outstanding Balance
$2,122,414
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$873,192

Purchase Details

Closed on
Jan 9, 2020
Sold by
Savaya Justin
Bought by
Simpson Steven and Simpson Peta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2018
Closed on
Jul 24, 2018
Sold by
Savaya Valerie
Bought by
Savaya Justin
Seller's Agent
Vanessa Garza
HomeSmart
Buyer's Agent
Annie Cole
Compass
List Price
$469,000
Sold Price
$430,000
Premium/Discount to List
-$39,000
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.96%

Purchase Details

Closed on
Mar 23, 2016
Sold by
Jones Charmain L
Bought by
Garza Andrew L and Garza Vanessa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2008
Sold by
Jones Charmian L and Jones Paul D
Bought by
Jones Charmian L
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
Core Four West Llc $3,090,000 First Arizona Title Agency
Simpson Steven $1,900,000 Lawyers Title Of Arizona Inc
Savaya Justin -- Fidelity National Title Agen
Savaya Justin $430,000 Fidelity National Title Agen
Garza Andrew L $455,000 Great Amer Title Agency Inc
Jones Charmian L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Core Four West Llc $2,317,500
Previous Owner Simpson Steven $500,000
Previous Owner Simpson Steven $900,000
Previous Owner Savaya Justin $200,000
Previous Owner Garza Andrew L $417,000
Previous Owner Jones Charmian L $100,000
Previous Owner Jones Charmian L $150,000
Previous Owner Jones Charmian L $138,000
Previous Owner Jones Charmian L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $430,000 -8.3% --
08/20/2018 08/20/18 For Sale $469,000 0.0% --
08/20/2018 08/20/18 Price Changed $469,000 0.0% --
08/01/2018 08/01/18 Price Changed $469,000 0.0% --
07/18/2018 07/18/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $469,000 +9.1% --
02/16/2018 02/16/18 Off Market $430,000 -- --
02/02/2018 02/02/18 Price Changed $469,000 -6.0% --
01/22/2018 01/22/18 For Sale $499,000 -- --
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 $7,051 $79,580 -- --
2024 $6,949 $75,790 -- --
2023 $6,949 $145,410 $29,080 $116,330
2022 $6,849 $112,680 $22,530 $90,150
2021 $6,973 $96,280 $19,250 $77,030
2020 $4,618 $68,580 $13,710 $54,870
2019 $3,848 $38,230 $7,640 $30,590
2018 $3,151 $37,060 $7,410 $29,650
2017 $2,999 $35,570 $7,110 $28,460
2016 $2,972 $33,950 $6,790 $27,160
2015 $2,853 $32,330 $6,460 $25,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5712775

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-03-105