NOT LISTED FOR SALE

Estimated Value: $369,505 - $551,000

0.53 Acre
$868,402 Price per Acre
23,087 Sq Ft Lot

Last Sold February 24, 2023

Last sale price $336,000

Est. 37% increase in value since last sale

Current estimated payment $2,522/month

162 Days on Market

Highlights

  • Views of Red Rock
  • Gated Community
  • Level Lot
  • Manuel Demiguel Elementary School Rated A-
  • Cul-De-Sac

About This Lot

As of February 2023

Best lot in the Chapel area and in the entire subdivision of Seven Vistas. Considered the flag lot or signature lot of subdivision. Incredible panoramic red rock views and Views of The Chapel especially lit up at night. Level easy build , all utilities underground to lot .HOA allows short term rental (written in CC&Rs) ! One level homes only. NOT OBLIGATED TO BUILD or with any specific builder. Broker is also a builder with architects and management co , can design build and manage short term rental for your client. Offering commission for lot, design and build package. I can email partial plans approx 10k of 35k paid upon request -to large to attach to docs

Last Agent to Sell the Property

Paul Galloway

Galloway Realty, L.L.C. License #BR106151000 Listed on: 07/06/2022

Last Buyer's Agent

Paul Galloway

Galloway Realty, L.L.C. License #BR106151000 Listed on: 07/06/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,213

Lot Details

  • 0.53 Acre Lot
  • Cul-De-Sac
  • Level Lot

Property Views

  • Red Rock
  • Panoramic
  • Mountain
  • Desert

Community Details

  • Seven Vistas Subdivision
  • Gated Community

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 40134036

Property Details

Property Type

Land

Est. Annual Taxes

$1,213

Lot Details

0

Listing Details

  • Legal Info Range: 06E
  • Property Type: Land
  • Topography: Level
  • Zoning: Res
  • Tax Year: 2020
  • Lot Size Acres: 0.53
  • Subdivision Name: Seven Vistas
  • View:Mountain View(s): Yes
  • View:Desert: Yes
  • View Red RocksBoulders: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Gated Community
  • View: Mountain(s), Red Rocks/Boulders, Panoramic, Desert
  • Other Structures: None
  • View:Panoramic: Yes

Utilities

  • Water Source: City Franchise

Lot Info

  • Lot Size Sq Ft: 23086.8
  • Parcel #: 40134036

Tax Info

  • Tax Annual Amount: 1213.0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2021
Closed on
May 14, 2021
Sold by
Bennett Scott Family Trust and Scott William James
Bought by
Kanagal Ashok S and Kanagal Nandini
Seller's Agent
Paul Galloway
Galloway Realty, L.L.C.
Buyer's Agent
Paul Galloway
Galloway Realty, L.L.C.
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$460,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,253
Avg. Annual Appreciation
10.06%

Purchase Details

Closed on
Dec 21, 2020
Sold by
Scott William James
Bought by
Bennett-Scott Barbara Anne and Bennett Scott Family Trust

Purchase Details

Closed on
Aug 5, 2020
Sold by
Bennett Scott Barbara Anne
Bought by
Scott William James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2020
Sold by
7 Vistas Llc
Bought by
Scott William James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2011
Sold by
Bmo Harris Bank Na
Bought by
7 Vistas Llc
Source: Public Records
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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
Kanagal Ashok S -- New Title Company Name
Bennett-Scott Barbara Anne -- None Listed On Document
Scott William James -- First American Title Ins Co
Scott William James $215,000 First American Title Ins Oc
7 Vistas Llc $320,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott William James $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2023 02/24/23 Sold $336,000 -11.3% --
12/15/2022 12/15/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $379,000 +8.3% --
03/30/2022 03/30/22 Sold $350,000 +18.6% -- View Prior Sale
01/07/2022 01/07/22 Pending -- -- --
11/28/2021 11/28/21 For Sale $295,000 0.0% --
05/26/2021 05/26/21 Sold $295,000 0.0% -- View Prior Sale
04/18/2021 04/18/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $295,000 -- --
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 $1,385 $41,178 -- --
2024 $1,385 $36,618 -- --
2023 $1,318 $27,163 $0 $0
2022 $1,271 $21,284 $0 $0
2021 $1,232 $19,596 $0 $0
2020 $1,213 $16,413 $0 $0
2019 $1,178 $14,921 $0 $0
2018 $1,215 $14,921 $0 $0
2017 $1,267 $14,921 $0 $0
2016 $1,264 $16,355 $0 $0
2015 $1,269 $15,502 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 530629

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-34-036