NOT LISTED FOR SALE

Estimated Value: $1,691,000 - $2,500,000

5 Acres
$416,002 Price per Acre
217,800 Sq Ft Lot

Last Sold January 03, 2023

Last sale price $1,715,000

Est. 21% increase in value since last sale

Current estimated payment $11,682/month

132 Days on Market

Highlights

  • City Lights View
  • 5 Acre Lot
  • No HOA
  • Sonoran Trails Middle School Rated A-

About This Lot

As of January 2023

Exceptional Sonoran Desert homesite, almost 5 acres boasting remarkable mountain and city light views in prominent North Scottsdale location, desirably convenient to restaurants, shopping, golf, hiking and so much more. Limitless opportunities for creating your private family compound, for the car collector, for the equestrian, or anyone needing multiple outbuildings, guest quarters or other usage requiring space and privacy. Flat, easy build and preliminary plans by Mackos Architecture and Construction are available.

Last Agent to Sell the Property

Allan Macdonald

Russ Lyon Sotheby's International Realty License #SA551170000 Listed on: 07/25/2022

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Allan Macdonald

Russ Lyon Sotheby's International Realty License #SA551170000 Listed on: 07/25/2022

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,819

Lot Details

  • 5 Acre Lot
  • Property is zoned R1-190

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 217-05-002-M

Property Details

Property Type

Land

Est. Annual Taxes

$4,819

Lot Details

0

Listing Details

  • Cross Street: Pinnacle Peak and Pima.......
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Off Site Imp Complte, On Site Imp Needed
  • Topography: {"Gentle Sloping":true}
  • Zoning: R1-190
  • Tax Year: 2022
  • Directions: East on Pinnacle Peak to 92nd St, N on 92nd St to Desert Vista, East to 2nd homesite South of Desert Vista.
  • Horses: No
  • Lot Size Acres: 5.0
  • Road Surface Type: Asphalt, Dedicated Street
  • Subdivision Name: Metes and Bounds
  • Tax Parcel Letter: M
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

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

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Desert Sun Academy
  • 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: 317 x 640
  • Lot Size Sq Ft: 203061.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 217-05-002-M
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4818.72
  • Tax Book Number: 217.00
  • Tax Lot: 0
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Jan 3, 2023
Sold by
Latka-Jorgensen Revocable Trust
Bought by
Christian V Young 2003 Trust
Seller's Agent
Allan Macdonald
Russ Lyon Sotheby's International Realty
Buyer's Agent
Allan Macdonald
Russ Lyon Sotheby's International Realty
List Price
$1,831,000
Sold Price
$1,715,000
Premium/Discount to List
-$116,000
-6.34%
Views
6
Current Estimated Value
$2,080,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,010
Avg. Annual Appreciation
8.32%

Purchase Details

Listed on
Jun 16, 2014
Closed on
Sep 16, 2014
Sold by
Dlm Properties Pinnacle Peak Llc
Bought by
Latka Jorgensen Revocable Trust
Seller's Agent
Mark Ficklin
Arizona Best Real Estate
Buyer's Agent
Brad Neuhaus
Fathom Realty Elite
List Price
$749,000
Sold Price
$690,000
Premium/Discount to List
-$59,000
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$681,752
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2012
Sold by
Miller Daniel Patrick and Miller Elizabeth Ann
Bought by
Dlm Properties Pinnacle Peak Llc

Purchase Details

Closed on
Aug 17, 2011
Sold by
Grayson Investment Company
Bought by
Miller Daniel Patrick and Miller Elizabeth Ann
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
Christian V Young 2003 Trust $1,715,000 First American Title
Latka Jorgensen Revocable Trust $690,000 First American Title Ins Co
Dlm Properties Pinnacle Peak Llc -- None Available
Miller Daniel Patrick $589,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Latka Jorgensen Revocable Trust $681,752
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $1,715,000 -6.3% --
07/25/2022 07/25/22 For Sale $1,831,000 +165.4% --
10/06/2014 10/06/14 Sold $690,000 -7.9% --
09/12/2014 09/12/14 Pending -- -- --
06/15/2014 06/15/14 For Sale $749,000 -- --
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 $5,230 $94,963 $94,963 --
2024 $5,002 $90,441 $90,441 --
2023 $5,002 $158,220 $158,220 $0
2022 $4,819 $114,420 $114,420 $0
2021 $5,232 $111,300 $111,300 $0
2020 $5,139 $83,895 $83,895 $0
2019 $4,985 $81,465 $81,465 $0
2018 $4,848 $73,125 $73,125 $0
2017 $4,669 $75,225 $75,225 $0
2016 $4,649 $82,260 $82,260 $0
2015 $4,689 $73,984 $73,984 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6439633

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-05-002M