NOT LISTED FOR SALE

Estimated Value: $1,437,000 - $2,345,000

9.39 Acres
$200,807 Price per Acre
409,028 Sq Ft Lot

Last Sold April 25, 2022

Last sale price $1,775,000

Est. 6% increase in value since last sale

Current estimated payment $10,282/month

772 Days on Market

Highlights

  • Horses Allowed On Property
  • 9.39 Acre Lot
  • No HOA
  • Sonoran Trails Middle School Rated A-
  • Mountain View

About This Lot

As of April 2022

PRIME LOCATION AT PIMA & DYNAMITE. Owner might consider selling subject to rezoning approval to either commercial, equestrian center or SFH development. All City of Scottsdale services at or near the property boundaries. The contiguous property just to the east has already been rezoned for commercial use. This is an outstanding opportunity for an investor or developer to acquire one of the few remaining large parcels that is near the future development of a Master Planned Community. The property is less than 2 football fields away from 30,000 acres of Scottsdale desert preserve-the largest urban preserve in the nation and well utilized for horseback riding, mountain biking & hiking. from over the 30,000 acre City of Scottsdale preserve of permanently protected sustainable desert habitat. Ideal for horseback riding, hiking or mountain biking.

Last Agent to Sell the Property

Joseph Kaminsky

Keller Williams Arizona Realty License #SA506705000 Listed on: 01/28/2020

Keller Williams Arizona Realty

Co-Listed By

Lorrie Feld

Keller Williams Arizona Realty License #SA540373000

Last Buyer's Agent

Mike Kupanoff

HomeSmart License #SA643257000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,703

Lot Details

  • 9.39

Schools

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

Additional Features

  • Mountain Views
  • 9.39 Acre Lot
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot '
  • Assessor Parcel Number 216-70-006-L

Property Details

Property Type

Land

Est. Annual Taxes

$3,703

Lot Details

0

Listing Details

  • Cross Street: Pima Rd & Dynamite Blvd
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: Residential
  • Tax Year: 2019
  • Directions: From Pima Road go west 660 ft to property on the north side of Dynamite.
  • Horses: Yes
  • Lot Size Acres: 9.39
  • Co List Office Mls Id: kwaz10
  • Co List Office Phone: 480-767-3000
  • Tax Parcel Letter: L
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Ranch

Exterior Features

  • Lot Features: Mountain View(s)
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

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: 662x624
  • Lot Size Sq Ft: 409203.0
  • Additional Parcels: No
  • Parcel #: 216-70-006-L
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3703.0
  • Tax Book Number: 216.00
  • Tax Lot: '
  • Tax Map Number: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
Valley Palace Holdings Llc
Bought by
Valley Palace Llc
Current Estimated Value
$1,885,581

Purchase Details

Closed on
Feb 27, 2024
Sold by
Challapalli Patibandla Family Trust
Bought by
Valley Palace Holdings Llc

Purchase Details

Closed on
Feb 26, 2024
Sold by
Challapalli Srinivas V
Bought by
Challapalli Patibandla Family Trust and Challapalli

Purchase Details

Closed on
Feb 16, 2024
Sold by
Challapalli Srinivas and Challapalli Sushmitha
Bought by
Challapalli Srinivas V

Purchase Details

Closed on
May 1, 2013
Sold by
The Episcopal Church Of The Nativity
Bought by
Zerlotti Mario

Purchase Details

Closed on
Jul 13, 2012
Sold by
The Episcopal Dioceso Of Arizona
Bought by
The Espiscopal Chruch Of The Nativity

Purchase Details

Closed on
Mar 28, 2000
Sold by
Geller Earl and Geller Joyce
Bought by
The Episcopal Diocese Of Arizona

Purchase Details

Closed on
Aug 18, 1995
Sold by
Trust Ts Investments Inc
Bought by
Pima Dynamite North Scottsdale Investors

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,625
Interest Rate
7.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 11, 1995
Sold by
Kwm General Partnership
Bought by
Geller Earl and Geller Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,625
Interest Rate
7.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 27, 1995
Sold by
Hazelton Daniel R and Kesselman Stanley
Bought by
Kwm General Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
9.2%
Mortgage Type
Seller Take Back
Source: Public Records

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
Valley Palace Llc -- None Listed On Document
Valley Palace Holdings Llc -- None Listed On Document
Challapalli Patibandla Family Trust -- None Listed On Document
Challapalli Srinivas V -- None Listed On Document
Zerlotti Mario $335,000 Security Title Agency
The Espiscopal Chruch Of The Nativity -- None Available
The Episcopal Diocese Of Arizona $580,000 Transnation Title Insurance
Pima Dynamite North Scottsdale Investors $239,625 Security Title Agency
Geller Earl $234,750 Security Title Agency
Kwm General Partnership -- United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pima Dynamite North Scottsdale Investors $54,625
Previous Owner Kwm General Partnership $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $1,775,000 -4.1% --
09/18/2020 09/18/20 Price Changed $1,850,000 -15.9% --
01/28/2020 01/28/20 For Sale $2,200,000 -- --
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 $3,885 $70,534 $70,534 --
2024 $3,715 $67,175 $67,175 --
2023 $3,715 $122,145 $122,145 $0
2022 $3,579 $112,470 $112,470 $0
2021 $3,886 $116,610 $116,610 $0
2020 $3,817 $121,770 $121,770 $0
2019 $3,703 $102,975 $102,975 $0
2018 $3,601 $81,525 $81,525 $0
2017 $3,468 $82,575 $82,575 $0
2016 $3,453 $57,975 $57,975 $0
2015 $3,483 $62,672 $62,672 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6029658

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-70-006L