NOT LISTED FOR SALE

8540 E Mcdowell Rd Unit 65 Mesa, AZ 85207

Desert Uplands Neighborhood

Estimated Value: $1,355,000 - $1,586,000

1.07 Acres
$1,395,059 Price per Acre
46,609 Sq Ft Lot

Last Sold April 20, 2017

Last sale price $190,000

Est. 686% increase in value since last sale

Current estimated payment $8,795/month

233 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • 1.07 Acre Lot
  • Franklin at Brimhall Elementary School Rated A

About This Lot

As of April 2017

Fantastic opportunity to obtain this beautiful, view lot in gated Thunder Mountain Estates. South facing. Elevated views to catch the city lights and surrounding mountains. ALL grading and engineering plans have been approved, stamped and are included in the sale. This lot is ready to go.
Enjoy the lighted tennis courts, volley ball court and open ramadas just down the street.
Envelope building lot at it's finest. Located only 3 miles from the 202 freeway makes it very easy to get to Sky Harbor, Scottsdale, Phoenix, Saguaro Lake, Roosevelt Lake and the Salt River. Loads of restaurants, grocery and retail just down the street. Biking and hiking are only minutes away. What a find!

Last Listed By

Mark Toon

RE/MAX Alliance Group License #BR005653000 Listed on: 07/19/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,406

Year Built

  • 2019

Lot Details

  • 1.07 Acre Lot
  • Property is zoned R-35

HOA Fees

  • Property has a Home Owners Association

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

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

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 219-24-075

Community Details

Overview

  • Thunder Mountain HOA, Phone Number (480) 844-2224
  • Thunder Mountain Lot 1 49 51 134 Tract A H Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,406

Year Built

2019

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Cross Street: Power & McDowell Rd.
  • Legal Info Range: 7E
  • Property Type: Land
  • Topography: {"Gentle Sloping":true}
  • Zoning: R-35
  • Tax Year: 2015
  • Directions: East on McDowell Rd., approximately 2 miles, just east of Hawes, turn north into Thunder Mountain Estates.
  • Horses: No
  • Lot Size Acres: 1.07
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Co List Office Mls Id: rmal01
  • Co List Office Phone: 480-892-5300
  • Subdivision Name: THUNDER MOUNTAIN LOT 1-49 51-134 TRACT A-H
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: City Light View(s), Mountain View(s), Gated Community, North/South Exp
  • Disclosures: Soil Test, Seller Prop Disc Stm, Boundary Survey Avlb
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 254.1
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-844-2224
  • HOA Transfer Fee: 120.0
  • Association Fee: 254.1
  • Association Fee Frequency: Quarterly
  • Association Name: Thunder Mountain HOA
  • Phone: 480-844-2224
  • Association: Yes

Schools

  • Elementary School: Las Sendas Elementary School
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Fremont Junior High School

Lot Info

  • Lot Size: 157x190x265x269
  • Lot Size Sq Ft: 46420.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-24-075
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1406.0
  • Tax Book Number: 219.00
  • Tax Lot: 65
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2022
Sold by
Watkins Stan T and Watkins Angela M
Bought by
Stan T Watkins And Angela Watkins Trust
Total Days on Market
233
Current Estimated Value
$1,492,713

Purchase Details

Closed on
Mar 29, 2018
Sold by
Watkins Stan T and Watkins Angela
Bought by
Watkins Stan T and Watkins Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2016
Closed on
Apr 18, 2017
Sold by
Waltemyer Jack K and Waltemyer Cathy J
Bought by
Watkins Stan T and Watkins Angela
Seller's Agent
Mark Toon
RE/MAX Alliance Group
Buyer's Agent
Amy Matson
Tyche Real Estate LLC
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.68%

Purchase Details

Closed on
Aug 14, 2009
Sold by
Waltemeyer Jack K and Waltemeyer Cathy Jean
Bought by
Waltemyer Jack K and Waltemeyer Cathy J

Purchase Details

Closed on
Dec 10, 1993
Sold by
Phoenix Bell Assoc
Bought by
Waltemeyer Jack K and Waltemeyer Cathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
6.89%

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
Stan T Watkins And Angela Watkins Trust -- None Listed On Document
Watkins Stan T -- Clear Title Agency Of Arizon
Watkins Stan T $190,000 Chicago Title Agency Inc
Waltemyer Jack K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watkins Stan T $497,000
Previous Owner Watkins Stan T $770,000
Previous Owner Waltemeyer Jack K $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2017 04/20/17 Sold $190,000 -9.5% --
03/08/2017 03/08/17 Pending -- -- --
07/18/2016 07/18/16 For Sale $210,000 -- --
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 $5,234 $58,169 -- --
2024 $5,304 $55,399 -- --
2023 $5,304 $95,920 $19,180 $76,740
2022 $5,177 $72,410 $14,480 $57,930
2021 $5,165 $65,970 $13,190 $52,780
2020 $5,123 $65,110 $13,020 $52,090
2019 $1,531 $22,920 $22,920 $0
2018 $1,493 $21,375 $21,375 $0
2017 $1,441 $22,725 $22,725 $0
2016 $1,411 $21,675 $21,675 $0
2015 $1,406 $18,096 $18,096 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5472328

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-24-075