Two land/lot transactions close in Belfiore’s North Phoenix and North Scottsdale Submarkets

North Phoenix

By: Daniel Benson; Belfiore Real Estate Consulting

Both Pulte Homes and AV Homes closed on lots this week in Belfiore Real Estate Consulting’s North Phoenix and North Scottsdale Submarkets. According to public record (click here to view the affidavit), Pulte closed on 43 – 50’x120’ preliminary platted lots on May 28, 2014 for $2,550,438 ($59,313 per lot / $1,186 per front foot). The lots are within the Casino Ave Subdivision which received preliminary plat approval from the City of Phoenix back on February 6, 2014. The subdivision is located at the northwest corner of Casino Avenue and North Valley Parkway, adjacent to the Fireside at Norterra Master Planned Community.

According to public record (click here to view the affidavit), AV Homes closed on 42 – 55’x125’ final platted lots on May 28, 2014 for $2,500,000 ($59,524 per lot / $1,083 per front foot). The lots are located in the Carefree 60 Subdivision which received final plat approval from the Scottsdale City Council at its May 13, 2014 meeting. The subdivision is located at the southeast corner of Carefree Highway and 60th Street.

View Two land/lot transactions close in Belfiore’s North Phoenix and North Scottsdale Submarkets in a larger map

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