NOT LISTED FOR SALE

Estimated Value: $3,156,000 - $4,544,000

0.5 Acre
$8,164,176 Price per Acre
21,780 Sq Ft Lot

Last Sold December 31, 2019

Last sale price $275,000

Est. 1,384% increase in value since last sale

Current estimated payment $23,250/month

483 Days on Market

About This Lot

As of December 2019

Views of the McDowell Mountains are right in your sites. Easy lot to build on with a minimum 3,000 sq. ft. building requirement. Hiking trails like Tomb's Thumb and Pinnacle Peak are just a few minutes away. Enjoy cooler temps in the summer, and the 101 / Pima freeway is just 15 minutes away. New transitional house plans are available, see agent for details.

Last Listed By

Steve Cyr

Luxor Homes License #SA558609000 Listed on: 07/02/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,000

Year Built

  • 2023

Lot Details

  • 0.5 Acre Lot
  • Block Wall Fence
  • Property is zoned R1-18

HOA Fees

  • Property has a Home Owners Association

Schools

  • Desert Horizon Elementary School
  • Sonoran Trails Middle School
  • Cactus High School

Community Details

  • Morrison Group Association, Phone Number (602) 263-7772
  • Troon Highlands Estates Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 217-08-046

Property Details

Property Type

Land

Est. Annual Taxes

$2,000

Year Built

2023

Lot Details

0

HOA Fees

$66 per month

Listing Details

  • Cross Street: Happy Valley & Alma School
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: On Site Imp Cmplete
  • Topography: {"Gentle Sloping":true}
  • Zoning: R1-18
  • Tax Year: 2017
  • Directions: From the intersection of Happy Valley Rd and Alma School continue east on Happy Valley, R. Turn right on Alameda. Turn Right on 119th Way, Turn left on Casitas Del Rio. First lot on your left.
  • Horses: No
  • Lot Size Acres: 0.5
  • Co List Office Mls Id: luxo01
  • Co List Office Phone: 480-361-7700
  • Subdivision Name: TROON HIGHLANDS ESTATES
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Other, See Remarks

Condo/Co-op/Association

  • Annual HOA Fees: 794.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 6022637772
  • HOA Transfer Fee: 400.0
  • Association Fee: 794.0
  • Association Fee Frequency: Annually
  • Association Name: Morrison Group
  • Phone: 602-263-7772
  • Association: Yes

Schools

  • Elementary School: Desert Horizon Elementary School
  • High School: Cactus High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 21682.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 217-08-046
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2000.0
  • Tax Book Number: 217.00
  • Tax Lot: 1
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Mayer Daniel Hale
Bought by
Rife Kevin and Rife Tammy
Total Days on Market
483
Current Estimated Value
$4,082,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,497,967
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$1,584,121

Purchase Details

Listed on
Jul 2, 2018
Closed on
Dec 23, 2019
Sold by
Mayer Jennifer
Bought by
Mayer Daniel Hale
Seller's Agent
Steve Cyr
Luxor Homes
Buyer's Agent
Steve Cyr
Luxor Homes
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.57%

Purchase Details

Closed on
Jun 18, 2003
Sold by
Pahnke Eric and Pahnke Kathleen
Bought by
Pahnke Eric R and Pahnke Kathleen

Purchase Details

Closed on
Sep 11, 2002
Sold by
Toma William T and Toma Jean
Bought by
Pahnke Eric R and Pahnke Kathleen

Purchase Details

Closed on
Feb 17, 2000
Sold by
Troon Vista Llc
Bought by
Toma William T and Toma Jean

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
Rife Kevin $4,490,000 Pinnacle Title Services
Mayer Daniel Hale -- Fidelity Natl Ttl Agcy Inc
Mayer Daniel Hale $275,000 Fidelity Natl Ttl Agcy Inc
Pahnke Eric R -- --
Pahnke Eric R $212,000 American Title Insurance Age
Toma William T $210,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rife Kevin $2,500,000
Previous Owner Mayer Daniel Hale $1,784,966
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $275,000 -6.8% --
10/28/2019 10/28/19 Pending -- -- --
04/29/2019 04/29/19 Price Changed $295,000 -1.3% --
07/02/2018 07/02/18 For Sale $299,000 -- --
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 $6,623 $134,266 -- --
2024 $2,067 $93,228 -- --
2023 $2,067 $40,035 $40,035 $0
2022 $1,961 $37,905 $37,905 $0
2021 $2,083 $41,250 $41,250 $0
2020 $2,065 $33,810 $33,810 $0
2019 $1,993 $38,460 $38,460 $0
2018 $1,930 $34,575 $34,575 $0
2017 $1,848 $35,355 $35,355 $0
2016 $1,812 $35,340 $35,340 $0
2015 $1,840 $26,000 $26,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5788269

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-08-046