NOT LISTED FOR SALE

8448 E Teton Cir Unit 3 Mesa, AZ 85207

Las Sendas Neighborhood

Estimated Value: $2,226,000 - $4,380,000

1.71 Acres
$1,935,727 Price per Acre
74,488 Sq Ft Lot

Last Sold August 10, 2012

Last sale price $330,000 $4 Per Sq Ft

Est. 903% increase in value since last sale

Current estimated payment $19,724/month

170 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • 1.71 Acre Lot
  • Franklin at Brimhall Elementary School Rated A
  • City Lights View

About This Lot

As of August 2012

NOT A SHORT SALE! Located in one of the most prestigious subdivisions in Las Sendas, this oversized lot provides remarkable views and a large building envelope! This may be your only opportunity to own a million-dollar lot at this price! Homes in this subdivision range up to 10,000 square feet. Plans are available, a $100K value. Owner will consider carryback.

Last Listed By

Craig Eaton

Realty Executives License #BR551742000 Listed on: 02/03/2012

Realty Executives

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,466

Year Built

  • 2018

Lot Details

  • 1.71 Acre Lot
  • Irregular Lot
  • Property is zoned R1-90

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 74,446 Sq Ft Home

Schools

  • Las Sendas Elementary School
  • Fremont Junior High School
  • Red Mountain High School

Community Details

Recreation

  • Golf Course Community

Additional Features

  • $4,792 per year Dock Fee
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$16,466

Year Built

2018

Lot Details

0

Listing Details

  • Tax Municipality: Mesa
  • Cross Street: Power & Thomas
  • Legal Info Lot Number: 3
  • Legal Info Range: 7E
  • Legal Info Section: 28
  • Legal Info Township: 2N
  • Roads Streets: Asphalt
  • Property Type: C
  • Estimated Deeded Fee Acres: 1.71
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 1.71
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 231.00
  • Development Status: Plans Available, Plans Included, Raw Land, Subdivision Plat Apv
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Lot
  • Freeway Highway: 1.1 - 2 Miles
  • Hundred Block: 4100
  • Land Configuration: Irregular Shape
  • Land Features: City Light View(s), Gated Community, Golf Course Subd, Mountain View(s)
  • Legal Description Abbrev: Mountain Estates At Las Sendas
  • Marketing Name: Las Sendas
  • Number Lotsin Listing: 1.00
  • Number Units Allowed: 1
  • Parcel Size: 1.00 - 2.49 Acres
  • Potential Use: Single Family
  • Price Per Acre: 224561.40
  • Price Per Sq Ft: 5.15
  • Street Frontage Name: Teton Circle
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: R1-90
  • Map Code Grid: P42
  • Tax Year: 2011
  • Directions: E on Eagle Crest (Thomas), L on Las Sendas Mountain, L on Teton (The Peaks subdivision), lot on left
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Interior Features

  • Estimated Sq Ft: 74446.00

Exterior Features

  • Lot Number: 3

Utilities

  • Water: City Franchise
  • Electric: Srp
  • Gas: City Gas

Condo/Co-op/Association

  • Association Info: Owner Association
  • Association Info HOA: Y
  • HOA Paid Frequency: Quarterly

Schools

  • Elementary School: Las Sendas Elementary School
  • Middle School: Fremont Junior High School
  • High School: Red Mountain High School
  • Elementary School: Las Sendas Elementary School
  • High School: Red Mountain High School
  • Jr High School: Fremont Junior High School

Lot Info

  • Lot Size: Irregular

Tax Info

  • Taxes: 4792.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2012
Closed on
Sep 28, 2012
Sold by
Bsms Family Llc
Bought by
Jaffa William S and Jaffa Joanne L
Seller's Agent
Craig Eaton
Realty Executives
Buyer's Agent
Miriam Jeanette Farr
Miriam Farr Realty
List Price
$525,000
Sold Price
$330,000
Premium/Discount to List
-$195,000
-37.14%
Total Days on Market
170
Current Estimated Value
$3,310,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,980,093
Avg. Annual Appreciation
21.85%

Purchase Details

Listed on
Feb 3, 2012
Closed on
Aug 10, 2012
Sold by
Carlson Arne and Carlson Cynthia
Bought by
Bsms Family Llc
Seller's Agent
Craig Eaton
Realty Executives
Buyer's Agent
Miriam Jeanette Farr
Miriam Farr Realty
List Price
$525,000
Sold Price
$330,000
Premium/Discount to List
-$195,000
-37.14%

Purchase Details

Closed on
Dec 8, 2005
Sold by
City View Properties Llc
Bought by
Carlson Arne and Carlson Cynthia

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
William S Jaffa & Joanne L Jaffa Living -- None Available
Bsms Family Llc $322,500 Security Title Agency
Carlson Arne $629,100 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carlson Arne H $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2012 08/10/12 Sold $330,000 -37.1% $4 / Sq Ft
07/22/2012 07/22/12 Pending -- -- --
02/03/2012 02/03/12 For Sale $525,000 -- $7 / Sq Ft
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 $16,466 $173,859 -- --
2024 $16,605 $165,580 -- --
2023 $16,605 $278,480 $55,690 $222,790
2022 $16,249 $245,020 $49,000 $196,020
2021 $16,455 $217,430 $43,480 $173,950
2020 $16,833 $219,110 $43,820 $175,290
2019 $15,727 $200,210 $40,040 $160,170
2018 $4,860 $54,195 $54,195 $0
2017 $4,715 $49,920 $49,920 $0
2016 $4,627 $54,660 $54,660 $0
2015 $4,639 $49,888 $49,888 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4711121

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-35-231