NOT LISTED FOR SALE

Estimated Value: $838,000 - $858,000

2.09 Acres
$406,486 Price per Acre
91,040 Sq Ft Lot

Last Sold May 15, 2023

Last sale price $740,000

Est. 15% increase in value since last sale

Current estimated payment $4,771/month

183 Days on Market

About This Lot

As of May 2023

Rare two acre plus lot in the heart of North Scottsdale! Amazing views to the east so you can enjoy the spectacular Arizona sunrises over the mountains. The lot is surrounded by many large beautiful estates and communities that include Pinnacle Peak Place, Camelot Homes Bronco Community, and Solitude all with homes above $4M. With no HOA the opportunities are endless. Prime location with easy access to the 101, hiking, shopping, fine dining, and so much more. Come build your dream home on this amazing property! Seller financing available with a minimum of $400K down. Call for more details.

Last Agent to Sell the Property

Nick Arekat

Compass License #SA522994000 Listed on: 05/11/2023

Compass

Co-Listed By

Zee Arekat

Compass License #BR106529000

Last Buyer's Agent

Matt Firek

Urban and Company License #SA682675000

Urban and Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,061

Lot Details

  • 2.09 Acre Lot
  • Property is zoned R-70

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 212-08-003-H

Property Details

Property Type

Land

Est. Annual Taxes

$3,061

Lot Details

0

Listing Details

  • Cross Street: Pima Rd & Happy Valley
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Gentle Sloping, Level
  • Zoning: R-70
  • Tax Year: 2022
  • Lot Size Acres: 2.09
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: praz04
  • Co List Office Phone: 480-505-6300
  • Tax Parcel Letter: H
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Pinnacle Peak Preparatory
  • High School: Pinnacle High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Mountain Trail Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 91167.0
  • Additional Parcels: No
  • Parcel #: 212-08-003-H
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3061.0
  • Tax Book Number: 212.00
  • Tax Lot: -
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2024
Sold by
Bentz Jake
Bought by
Pcar Separate Property Trust and Roth
Total Days on Market
183
Current Estimated Value
$849,556

Purchase Details

Listed on
May 11, 2023
Closed on
May 12, 2023
Sold by
8770 Bronco Trail Llc
Bought by
Bentz Jake
Seller's Agent
Nick Arekat
Compass
Buyer's Agent
Matt Firek
Urban and Company
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$592,000
Interest Rate
8.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2021
Sold by
Francis Jason and Francis Morgan
Bought by
8770 Bronco Trail Llc

Purchase Details

Closed on
Nov 4, 2020
Sold by
Ursu Violeta and Ursu Joshua
Bought by
Ursu Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 18, 2020
Sold by
Ursu Joshua
Bought by
Francis Jason and Francis Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 12, 2018
Sold by
North Scottsdale Group Llc
Bought by
Ursu Joshua

Purchase Details

Closed on
Jul 2, 2010
Sold by
Metro Phoenix Bank Inc
Bought by
North Scottsdale Group Llc

Purchase Details

Closed on
Dec 3, 2008
Sold by
Ks Building Enterprises Inc
Bought by
National Bank Of Arizona

Purchase Details

Closed on
Jan 6, 2006
Sold by
Desert View Communities Llc
Bought by
Ks Building Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Pcar Separate Property Trust $849,900 First American Title Insurance
Pcar Separate Property Trust $849,900 First American Title Insurance
Bentz Jake $740,000 First American Title Insurance
8770 Bronco Trail Llc -- None Available
Ursu Joshua -- First American Title Ins Co
Francis Jason $500,000 First American Title Ins Co
Ursu Joshua -- None Available
North Scottsdale Group Llc $139,000 Fidelity Natl Title Ins Co
National Bank Of Arizona $1,236,000 None Available
Ks Building Enterprises Inc $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bentz Jake $592,000
Previous Owner Francis Jason $375,000
Previous Owner Ks Building Enterprises Inc $1,900,000
Previous Owner Ks Building Enterprises Inc $1,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $740,000 -1.2% --
05/11/2023 05/11/23 For Sale $749,000 0.0% --
03/10/2023 03/10/23 Price Changed $749,000 -3.4% --
01/04/2023 01/04/23 Price Changed $775,000 -8.8% --
12/13/2022 12/13/22 Price Changed $850,000 -14.6% --
10/19/2022 10/19/22 For Sale $995,000 -- --
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 $3,152 $35,571 $35,571 --
2024 $3,106 $33,877 $33,877 --
2023 $3,106 $69,420 $69,420 $0
2022 $3,061 $54,915 $54,915 $0
2021 $3,117 $57,105 $57,105 $0
2020 $3,029 $57,375 $57,375 $0
2019 $3,051 $31,440 $31,440 $0
2018 $2,968 $50,400 $50,400 $0
2017 $2,837 $50,400 $50,400 $0
2016 $2,806 $26,940 $26,940 $0
2015 $2,852 $28,736 $28,736 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6480589

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-08-003H