NOT LISTED FOR SALE

Estimated Value: $129,816 - $213,000

2.81 Acres
$61,663 Price per Acre
122,404 Sq Ft Lot

Last Sold January 04, 2021

Last sale price $100,000

Est. 66% increase in value since last sale

Current estimated payment $1,007/month

144 Days on Market

Highlights

  • Panoramic View
  • 2.81 Acre Lot
  • Level Lot
  • Clarkdale-Jerome Elementary School Rated A-
  • Cul-De-Sac

About This Lot

As of January 2021

HUGE PRICE DROP!!! GREAT INVESTMENT!!! This 2.81 acre lot can be subdivided into several lots. City water on property to include water fire hydrant. Civil engineering will be required to develop majority of property. Buyer is responsible for their own due diligence. Seller will owner finance with $60,000 down and additional $60,000 due in balloon payment at 5 years with no interest. Seller is very motivated and open to limited partnership! Flood report conducted in 2004 and on file. Check documents tab for additional information. Call list agent for more details.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 05/18/2020

Co-Listed By

Hunter Rauch

Chambers Realty Group License #SA646042000

Last Buyer's Agent

Karen Braaten

Judson Real Estate License #SA558164000

Judson Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,483

Lot Details

  • 2.81 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Property is zoned R4

Property Views

  • Panoramic
  • Mountain

Community Details

  • Mingus Shad 1 2 3 Subdivision

Listing and Financial Details

  • Tax Lot Tra 0
  • Assessor Parcel Number 40626312

Property Details

Property Type

Land

Est. Annual Taxes

$1,483

Lot Details

0

Listing Details

  • Legal Info Range: 03E
  • Property Type: Land
  • Topography: Level
  • Zoning: R4
  • Tax Year: 2018
  • Lot Size Acres: 2.81
  • Co List Office Mls Id: cham001
  • Co List Office Phone: 928-718-2020
  • Subdivision Name: Mingus Shad 1 - 2 - 3
  • View:Mountain View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac
  • View: Mountain(s), Panoramic
  • Other Structures: None
  • View:Panoramic: Yes

Utilities

  • Water Source: City Franchise

Lot Info

  • Lot Size: 608X200
  • Lot Size Sq Ft: 122403.6
  • Parcel #: 40626312

Tax Info

  • Tax Annual Amount: 1483.0
  • Tax Lot: Tra 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Dec 31, 2020
Sold by
Vargas Alfred and Vargas Janet Karen
Bought by
Spectrum Exchange Corp
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Karen Braaten
Judson Real Estate
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%
Current Estimated Value
$165,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,845
Avg. Annual Appreciation
11.65%
Original Mortgage
$65,000
Outstanding Balance
$57,869
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$115,403

Purchase Details

Closed on
Dec 28, 2017
Sold by
Vargas Victoria L and Vasquez Duran Claudia Vargas
Bought by
Vargas Alfred

Purchase Details

Closed on
Jun 16, 2000
Sold by
First Amer Title Ins Agency Yavapai Inc
Bought by
Vargas Gustavo A and Vargas Victoria L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spectrum Exchange Corp $100,000 Lawyers Title Cottonwood
Vargas Alfred -- None Available
Vargas Gustavo A -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spectrum Exchange Corp $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2021 01/04/21 Sold $100,000 -16.7% --
10/09/2020 10/09/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $120,000 -- --
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
2026 $1,655 -- -- --
2024 $1,621 -- -- --
2023 $1,621 $25,491 $25,491 $0
2022 $1,595 $20,443 $20,443 $0
2021 $1,617 $19,685 $19,685 $0
2020 $1,582 $0 $0 $0
2019 $1,550 $0 $0 $0
2018 $1,483 $0 $0 $0
2017 $1,429 $0 $0 $0
2016 $1,387 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 519890

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-26-312