$485,000
SOLD JAN 31, 2025
Last list price
4.26 Acres
$113,850 Price per Acre
185,566 Sq Ft Lot

Recently Sold

$3 Per Sq Ft

339 Days on Market

About This Lot

As of January 2025

Stunning 4 plus acre Estate Lot surrounded by beautiful 360 degree mountain and red rock views! Only 10 short minutes away from new retail hotspot off exit 13 which will include grocery, restaurants, & healthcare. New reservoir close by is also under construction right now. This lot is a rare find and a great investment opportunity as it's, priced well under appraisal, water impacts, soils engineering, septic approval, power/water and home site access road are all stubbed 400 into lot. Over $100k in prepaid pre-construction cost have already been paid. Bring your own builder and build your next dream home

Last Agent to Sell the Property

ANGELA BUDGE

RED ROCK REAL ESTATE License #5450783-SA Listed on: 02/04/2025

RED ROCK REAL ESTATE

Last Buyer's Agent

ROBERT ANDERSON

ERA BROKERS CONSOLIDATED (HURRICANE BRANCH) License #11950073-SA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,488

Lot Details

  • 4.26 Acre Lot

Interior Spaces

  • 185,566 Sq Ft Home
  • Mountain Views

Schools

  • Coral Canyon Elementary School
  • Desert Hills Middle School
  • Desert Hills High School

Community Details

  • Bonanza Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number L-BOE-5

Property Details

Property Type

Land

Est. Annual Taxes

$3,488

Lot Details

0

Listing Details

  • Directions: Head north on I-15. Take Silver Reef/Leeds exit, follow Main Street, turn left onto Silver Reef Rd and go under I-15, turn right onto Silver Hills Rd & it turns into Bonanza Rd. Lot is on the right.
  • Prop. Type: Lots
  • Subdivision Name: BONANZA ESTATES
  • Land Features View Mountains: Yes
  • Land Features CCR's Available: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Building Area Total: 185566.0

Exterior Features

  • Acres: 4.26

Utilities

  • Utilities: Electricity Connected

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Ninth Grade High School: Desert Hills High
  • Middle Or Junior School: Desert Hills Middle

Lot Info

  • Lot Size Sq Ft: 185565.6
  • Parcel #: L-BOE-5
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3488.36

MLS Schools

  • Elementary School: Coral Canyon Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2025
Closed on
Jan 30, 2025
Sold by
Budge Paul W
Bought by
Mitchell Michael T and Mitchell Julie A
Seller's Agent
ANGELA BUDGE
RED ROCK REAL ESTATE
Buyer's Agent
ROBERT ANDERSON
ERA BROKERS CONSOLIDATED (HURRICANE BRANCH)
List Price
$485,000
Current Estimated Value
$446,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.24%

Purchase Details

Closed on
Aug 2, 2019
Sold by
Shick Marjorie A
Bought by
Budge Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$979,855
Interest Rate
3.7%
Mortgage Type
Construction
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 Type Sale Price Title Company
Warranty Deed -- Southern Utah Title Company
Warranty Deed -- Eagle Gate Ttl Ins Agcy Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $979,855 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 For Sale $485,000 0.0% $3 / Sq Ft
01/31/2025 01/31/25 Sold -- -- --
01/31/2025 01/31/25 Off Market -- -- --
12/23/2024 12/23/24 Pending -- -- --
11/14/2024 11/14/24 Price Changed $485,000 -11.8% $3 / Sq Ft
08/02/2024 08/02/24 Price Changed $550,000 -6.0% $3 / Sq Ft
07/02/2024 07/02/24 Price Changed $585,000 +18.2% $3 / Sq Ft
04/15/2024 04/15/24 Price Changed $495,000 -9.2% $3 / Sq Ft
04/12/2024 04/12/24 Price Changed $545,000 -6.8% $3 / Sq Ft
04/04/2024 04/04/24 For Sale $585,000 0.0% $3 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/08/2024 03/08/24 Price Changed $585,000 -10.7% $3 / Sq Ft
02/23/2024 02/23/24 Price Changed $655,000 -4.4% $4 / Sq Ft
02/09/2024 02/09/24 Price Changed $685,000 -6.8% $4 / Sq Ft
01/22/2024 01/22/24 Price Changed $735,000 -13.0% $4 / Sq Ft
01/18/2024 01/18/24 For Sale $845,000 -- $5 / Sq Ft
Source: Washington County Board of REALTORS®

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 $3,551 $497,200 $497,200 --
2023 $3,488 $497,200 $497,200 $0
2022 $2,925 $392,200 $392,200 $0
2021 $3,496 $382,200 $382,200 $0
2020 $3,389 $347,200 $347,200 $0
2019 $2,696 $267,600 $267,600 $0
2018 $2,868 $256,300 $0 $0
2017 $2,196 $196,300 $0 $0
2016 $2,252 $196,300 $0 $0
2015 $2,418 $196,300 $0 $0
2014 $2,399 $196,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Washington County Board of REALTORS®

MLS Number: 24-247410

Washington County Board of REALTORS®

APN: 0452923