NOT LISTED FOR SALE

Estimated Value: $5,014,000 - $5,473,958

1.1 Acres
$4,753,173 Price per Acre
47,916 Sq Ft Lot

Last Sold January 29, 2016

Last sale price $375,000

Est. 1,294% increase in value since last sale

Current estimated payment $28,655/month

10 Days on Market

About This Lot

As of January 2016

*This lot in Scottsdale is located at 98th Street and Cactus Rd. It is 1.1 acres and is ready for a residential home*View of the mountains*Values for lots in this area range up to $500,000 so this is priced for a quick sale*All facts, figures & measurements reliable not guaranteed.

Last Agent to Sell the Property

Manuel Lopez

West USA Realty License #SA519305000 Listed on: 12/28/2015

West USA Realty

Last Buyer's Agent

Richard Arambula

Russ Lyon Sotheby's International Realty License #SA021179000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,957

Lot Details

  • 1.1 Acre Lot
  • Property is zoned R1-R35

Eco-Friendly Details

  • North or South Exposure

Schools

  • Cheyenne Traditional Elementary School
  • Desert Canyon Middle School
  • Desert Mountain High School

Community Details

  • No Home Owners Association
  • S 330.00F Of E2 W2 Sw4 Se4 Sw4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 217-23-015-R

Property Details

Property Type

Land

Est. Annual Taxes

$2,957

Lot Details

0

Listing Details

  • Cross Street: 96TH ST. & CACTUS
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R1-R35
  • Tax Year: 2015
  • Directions: *GO EAST ON CACTUS AND THE PROPERTY/LOT WILL BE ON YOUR LEFT (NORTH) HAND SIDE, JUST EAST OF 98TH ST.*
  • Lot Size Acres: 1.1
  • Subdivision Name: S 330.00F OF E2 W2 SW4 SE4 SW4
  • Tax Parcel Letter: R
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cheyenne Traditional Elementary School
  • High School: Desert Mountain High School
  • Middle Or Junior School: Desert Canyon Middle School

Lot Info

  • Lot Size: 0
  • Lot Size Sq Ft: 47877.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 217-23-015-R
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2957.0
  • Tax Book Number: 217.00
  • Tax Lot: -
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
Shah Tanveer and Shah Sheba
Bought by
Devji Ike Z and The Crescent Moon 2020 Family
Current Estimated Value
$5,228,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,376,750
Outstanding Balance
$2,147,638
Interest Rate
2.49%
Mortgage Type
New Conventional
Estimated Equity
$2,854,495

Purchase Details

Closed on
Aug 10, 2020
Sold by
Bradley Robert S and Bradley Linda A
Bought by
Shah Tanveer and Shah Sheba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,381,250
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2019
Sold by
Santos Investments Llc
Bought by
Bradley Robert S and Bradley Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,337,500
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2017
Sold by
Encanta Homes Inc
Bought by
Santos Investments Llc

Purchase Details

Listed on
Dec 28, 2015
Closed on
Feb 2, 2016
Sold by
Azny Capital Llc
Bought by
Encanta Homes Inc
Seller's Agent
Manuel Lopez
West USA Realty
Buyer's Agent
Richard Arambula
Russ Lyon Sotheby's International Realty
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.87%

Purchase Details

Closed on
Jan 18, 2006
Sold by
Barlow Todd W and Barlow Angela K
Bought by
Azny Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.21%
Mortgage Type
New Conventional
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
Devji Ike Z -- First American Title Ins Co
Shah Tanveer $3,175,000 First American Title Ins Co
Bradley Robert S $2,750,000 First American Title Ins Co
Santos Investments Llc $460,000 Empire West Title Agency Llc
Encanta Homes Inc $375,000 Empire West Title Agency
Azny Capital Llc $725,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devji Ike Z $2,376,750
Previous Owner Shah Tanveer $2,381,250
Previous Owner Bradley Robert S $2,337,500
Previous Owner Azny Capital Llc $580,000
Previous Owner Barlow Todd W $990,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $375,000 -5.1% --
01/07/2016 01/07/16 Pending -- -- --
12/28/2015 12/28/15 For Sale $395,000 -- --
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 $9,574 $150,368 -- --
2024 $9,456 $143,207 -- --
2023 $9,456 $241,950 $48,390 $193,560
2022 $8,941 $185,050 $37,010 $148,040
2021 $9,537 $171,410 $34,280 $137,130
2020 $9,448 $168,310 $33,660 $134,650
2019 $3,203 $66,990 $66,990 $0
2018 $3,101 $56,355 $56,355 $0
2017 $2,970 $61,575 $61,575 $0
2016 $2,913 $57,930 $57,930 $0
2015 $2,957 $44,608 $44,608 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5376406

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-23-015R