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Gutfahr Properties Now for Sale

Former County Treasurer Liz Gutfahr, seen here in 2023.File photo by Jonathan Clark

Multiple Santa Cruz County properties belonging to former County Treasurer Elizabeth Gutfahr were listed for sale late last month, with some plots of land already in the process of being turned over to new hands.

Gary Brasher, a Tubac-based real estate agent with Russ Lyon Sotheby’s International Realty, said the firm will be responsible for selling a total of 15 of Gutfahr’s properties: 14 in Santa Cruz County and one home in Tucson.

As of Dec. 13, Brasher said, he had already sold one plot of 35.5 acres of vacant land on Camino Agua Fria. Online records show the property, zoned General Rural, was sold for $52,500.

Another six parcels in Santa Cruz County are listed for sale: five empty plots of land on Camino Kansas and another on Vía San Cayetano.

Online records show that contracts are pending for three of the five Gutfahr properties on Camino Kansas on the southwestern edge of Rio Rico: One 1.3-acre and two 1.5-acre plots of land, zoned R-1 Residential, each listed for $6,000.

“The buyers are local individuals,” Brasher said. ”So that’s good news.”

A 1.6-acre property on Camino Kansas remains available for $6,000, while a 2.5-acre plot is still on the market for $8,500. Both properties are zoned R-1 Residential, online real estate records show.

Another available listing consists of 6.87 acres of unimproved land on Vía San Cayetano in northeastern Rio Rico for a price of $32,000. It is zoned R-2 residential, according to online records.

Santa Cruz County officials also moved forward with selling other Gutfahr assets this week. On Thursday, the county shared a web link for an online sale of used ranching and farming equipment, and noted that items will be listed on a rolling basis.

As of Dec. 13, about 25 items were listed for sale – including tractors, trailers, forklifts, loaders, mowers and ATVs. The prices ranged from $200 to $32,000.

More listings to come

Gutfahr’s properties became tied under a receivership after Santa Cruz County officials filed a civil lawsuit against her for embezzlement of public funds. The receivership also includes assets of husband David Gutfahr, her son Davian Gutfahr, and her daughter-in-law Ana Gutfahr.

According to a receivership report, MCA Financial Group estimates that Santa Cruz County could recover roughly $10 million to $12.6 million from the sales of assets identified in the receivership. Those estimates reflect discounted amounts that will be used to pay for the receivership.

The property sales in recent weeks come after a Pima County Superior Court judge approved for the receiver, MCA Financial Group, to sell Gutfahr’s properties. Those proceeds will be retained under the receivership until the judge makes a final decision on the case, court records state.

These first listings are relatively small compared to other properties expected to go on the market soon. For instance, Brasher said, four properties on Santa Gertrudis Lane will go on the market later this month, including Gutfahr’s multimillion dollar San Cayetano Ranch and a property belonging to her son Davian Gutfahr.

As Brasher works to place the properties on the market, a separate company is preparing an estate sale of Gutfahr’s belongings. However, the company – J&J Estate Sales – was still working to retrieve items from one of the Santa Gertrudis Lane homes, Brasher said.

“So that one might lag the other ones a little bit, but that’ll be on the market ultimately,” he said, adding that a date for the estate sale has not yet been set but could be expected some time in 2025.

Brasher said MCA Financial Group is working with other realtors to prepare the sales for Gutfahr’s cabin in Pinetop and another property in the Mexican beach town of San Carlos, Sonora.

The future of other Gutfahr properties remains in limbo, Brasher said. Plans for her ranch in Lochiel, for instance, are still being hashed out. Brasher said that Keith Bierman of MCA Financial Group is working alongside county officials to decide how to proceed with the Lochiel parcels of land that include a family cemetery and chapel.

“I believe he’s working cooperatively with the county right now to get those parcels out, so that perhaps the family or some appropriate entity would be responsible for those parcels, so that we could move forward with selling the rest of the ranch,” he said.

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Holiday Magic in the Desert: The Best Winter Activities in Scottsdale, Arizona

When you think of winter, snow-covered landscapes and frosty air might come to mind — but Scottsdale, Arizona offers a different kind of holiday magic. Imagine twinkling lights under palm trees, desert gardens aglow with holiday cheer, and festive markets set against breathtaking mountain views. With its mild winter temperatures, Scottsdale is the perfect destination for a memorable holiday season full of outdoor fun.

Here are the best holiday-themed winter activities to enjoy in Scottsdale this year:


1. Explore the Enchanting ‘Las Noches de las Luminarias’ at Desert Botanical Garden

The Desert Botanical Garden transforms into a glowing wonderland during the holidays with Las Noches de las Luminarias. Thousands of hand-lit luminarias line the pathways, casting a warm glow through the desert landscape. Enjoy live music, festive drinks, and twinkling lights as you stroll through the cacti and succulents. This event is a beloved Scottsdale tradition and a beautiful way to embrace the season under the starry desert sky.

When: Dec. 13-15, 18-23, 26-30
Where: Desert Botanical Garden


2. Ice Skating Under the Sun at Fairmont Scottsdale Princess

Who says you can’t ice skate in the desert? The Fairmont Scottsdale Princess offers a magical outdoor ice-skating rink surrounded by twinkling lights, holiday décor, and cozy fire pits. The resort’s annual Christmas at the Princess celebration is a holiday extravaganza complete with a 4-story Christmas tree, a magical train ride, and enchanting light displays. After skating, warm up with hot cocoa or make s’mores by the fire.

When: November 22- January 4
Where: Fairmont Scottsdale Princess


3. Holiday Lights at McCormick-Stillman Railroad Park

For family-friendly fun, hop aboard a holiday train at the McCormick-Stillman Railroad Park. The park’s Holiday Lights event features a magical train ride through dazzling light displays and festive decorations. Little ones will love meeting Santa Claus, exploring the carousel, and taking in the twinkling scenes along the tracks. This festive experience is a Scottsdale classic!

When: December
Where: McCormick-Stillman Railroad Park


4. Holiday Shopping and Festivities in Old Town Scottsdale

Old Town Scottsdale offers a perfect blend of Southwestern charm and holiday cheer. Wander through charming streets lined with holiday lights and decorations while browsing local boutiques, artisan markets, and galleries. Don’t miss the Scottsdazzle Holiday Extravaganza, a month-long celebration featuring holiday-themed events like the Sing-Along & Tree Lighting Ceremony, Sugar Plum Tea Parties, and festive art walks.

When: Late November to December
Where: Old Town Scottsdale


5. Desert Holiday Hikes with a Festive Twist

Scottsdale’s beautiful desert trails are even more enjoyable during the cooler winter months. For a unique holiday experience, join a guided holiday-themed hike in the McDowell Sonoran Preserve. Bring a thermos of hot cocoa and enjoy sweeping views of the desert landscape as you spot unique flora and fauna. Some local hiking groups even organize themed walks with holiday costumes and cheerful music!

Where: McDowell Sonoran Preserve, Pinnacle Peak Park, or Camelback Mountain


6. Ring in the New Year at a Desert Celebration

Celebrate the arrival of the New Year in true Scottsdale style! Many of the city’s top resorts and venues host fabulous New Year’s Eve parties with outdoor options that let you dance under the stars. Consider an outdoor dinner on a heated patio or a rooftop celebration with views of Scottsdale’s sparkling lights. Firework displays, live music, and festive drinks make for a perfect way to say goodbye to the old year and hello to new adventures.

When: December 31st
Where: Various Resorts and Venues Across Scottsdale


Scottsdale may not have snowy sidewalks, but it certainly doesn’t lack holiday spirit! Whether you’re admiring luminarias, skating in the sun, or enjoying festive lights in the heart of the desert, Scottsdale offers unique and unforgettable ways to celebrate the holidays.

So pack your holiday cheer (and maybe some sunscreen) and get ready for a warm winter wonderland in Scottsdale, Arizona! 🌵✨

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Silverleaf Estate Sells for $11.72 Million

Russ Lyon Sotheby’s International Realty Facilitates Sale of $11.72 Million Estate in Scottsdale’s Prestigious Silverleaf Community

Scottsdale, AZ – Russ Lyon Sotheby’s International Realty is proud to announce the successful sale of an extraordinary estate located at 10835 E Mountain Spring Road in the exclusive Silverleaf community. Representing both the buyer and the seller, this remarkable transaction underscores the firm’s unparalleled expertise in luxury real estate.

The seller was represented by Global Real Estate Advisor Allan MacDonald, while the buyer was represented by the dynamic team of Cindy Metz, Kathy Reisdorf, and Katie Metz. The property sold for an impressive $11,720,000.

“It was an honor to represent the seller on this beautiful estate. In many years selling homes in DC Ranch & Silverleaf this was one of my favorites,” said listing agent Allan MacDonald. “I wish the new owners many years of happiness in their new home.” 

This architectural masterpiece, crafted by Catalina Custom Homes, is nestled in Silverleaf’s Upper Canyon within the McDowell Mountain Preserve. Boasting a majestic mountain backdrop, dramatic down-valley city views, and proximity to world-class golf, the home exemplifies picturesque luxury living.

Inspired by traditional Spanish architecture, the estate features five bedrooms, eight baths, two offices, and a game room. Its ten patios and outdoor living areas seamlessly blend functional spaces and boutique vignettes, ideal for both intimate moments and elite entertaining.

The interior is a testament to timeless sophistication, with soaring ceilings adorned with custom millwork, coffered designs, intricate mouldings, and handpicked reclaimed beams. Details include architecturally designed custom stonework, hand-painted accent tiles, European hickory wide plank and stone flooring, alder wood doors, and roll-out windows.

At the heart of the home lies an oversized great room, anchored by a double-island kitchen and a separate prep pantry, perfect for casual living and grand gatherings alike. The owner’s retreat offers a spacious bedroom, a private living area, and a versatile adjoining flex room. The attached guest residence, with its private entry and access to the main home, features a cozy living area with a fireplace, a kitchenette, and an abundant bedroom and bath.

Outdoor living is elevated with expansive spaces designed to maximize the estate’s panoramic views. A manicured English-style garden serves as the heart of the backyard, surrounded by a luxurious pool and spa, an outdoor kitchen, an oversized fire pit, and generous grass areas- all overlooking breathtaking down-valley vistas.

“It truly is a lovely property, very well-appointed, warm and inviting,” said buyers agent, Kathy Reisdorf. “We are grateful for the opportunity to represent our clients on this purchase, and we wish them years of happiness in their new home.” 

This sale highlights the exceptional service and expertise of Russ Lyon Sotheby’s International Realty, setting a benchmark for refined luxury living in the Scottsdale market.

“We are always grateful for the opportunity to work in concert with a fellow Russ Lyon Sotheby’s International Realty advisor – Allan is a seasoned agent, and a consummate professional. Together, we were able to facilitate a win/win for everyone involved,” said Cindy Metz, who also represented the buyer. 

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More Photos

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For more information, contact:
Alexandra Baum
Russ Lyon Sotheby’s International Realty
[email protected]
russlyon.com

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Ranch sales to support mining, freight operations

The Baffert Ranch expands across 250 acres east for North Grand Avenue in Nogales.
File photo by Margaret Naczek/Cronkite News

Local realtors closed sales on two multi-million dollar ranches in Santa Cruz County late last month: The Oak Bar Ranch and the Baffert Ranch, which will allow two companies to expand their operations in the mining and trucking sectors, respectively.

The Oak Bar Ranch, which sits just northeast of the Nogales International Airport, was purchased by Australian mining company South32 for $3.8 million. While the property is designated as general residential zoning, a South32 spokesperson said the company currently has no plans to use the property for housing.

Instead, spokeswoman Taja Vivens said, South32 plans to use the 637-acre property to accommodate a transmission line that will support the company’s Hermosa Project in the Patagonia Mountains.

“Beyond that, South32 has not yet determined the long-term use of this property,” Vivens said.

Meanwhile, the Baffert Ranch – located off North Grand Avenue – was sold for roughly $3.4 million to Citizen Auto Stage, a Nogales-based brokerage and freight business that also manages motor coach and school bus divisions.

The Baffert Ranch zoning provides a bit more flexibility for the local family’s operations: It is zoned for residential, light industrial/commercial and agricultural use.

Thomas “T.J.” Morgan, CEO and president of Citizen Auto Stage, said the company had a years-long desire for more space for its existing operations.

“But now we’re thinking we’re going to go a bit further,” Morgan said, noting that his family’s company is exploring the possibility of creating an industrial park, residential area and a city park.

“It’s a win-win for us and the city,” he said.

Oak Bar Ranch

The Oak Bar Ranch was originally built in the 1930s and long operated as a large cattle ranch. The property, which boasts eight bedrooms and seven bathrooms, had also been listed as a bed and breakfast business on Yelp in recent years – offering guests horseback riding and birding opportunities, given its proximity to the Coronado National Forest.

The Oak Bar Ranch, located off State Route 82, stretches across 637 miles. Mining company South32 plans to use part of the property to make way for a transmission line that will support its mining operations in the Patagonia Mountains.Screengrab

Gary Brasher, the selling Tubac-based realtor with Russ Lyon Sotheby’s International Realty, said the ranch had been on the market for about four years. Zillow records show that the property was initially listed for $4.2 million in 2021 and was dropped to $3.8 million in 2022.

Other interested parties had made offers on the property during that time, Brasher said, but South32 representatives were ultimately the ones to close the deal.

“I think, certainly, they were accommodating regarding the price that my client was asking,” Brasher said, noting that South32 representatives were also willing to work with the family as they moved out of the property that they’ve called home for multiple generations.

Moving forward, South32 will use the property to make way for a 138kv power line that will support its mining operations.

Vivens noted that the company has a “short-term priority” of maintaining the existing land and structures “in good and safe working order.” Part of that will consist of retaining the current on-site ranch manager and other service providers, the spokesperson said.

Baffert Ranch

The Baffert Ranch, which spans about 240 acres, was built in 1913 and got its name after the ranching Baffert family bought the property in 1953. The family’s business operations began with raising about 40 chickens to sell eggs.

The Baffert Ranch in Nogales was sold for $3.4 million last month.File photo by Margaret Naczek/Cronkite News

That small-scale endeavor eventually grew to several thousand hens, allowing the Baffert family to commercialize their business by selling to grocery stores and restaurants. More growth ensued as the Baffert family purchased cattle and horses to manage full-blown ranching operations.

Most recently, Brasher said, the property had been put on and off the market for some time. Zillow records show the property was listed for $4.9 million in 2020 and taken off the market in 2021. It was then listed again in 2023 for $3.4 million.

Thalia Kyriakis, the selling realtor with Russ Lyon Sotheby’s International Realty, said several companies, including some from other states, had expressed interest in buying the Baffert Ranch, based on its industrial and commercial opportunities.

According to real estate records, the property includes a house with five bedrooms and three bathrooms. The land comes with water rights for three wells – one for irrigation and two for private use. It also includes other amenities, including a warehouse, block office buildings and farm utility buildings.

“It’s great that it ended up going to a local buyer,” Kyriakis said of the 108-year-old Citizen Auto Stage with deep roots in Nogales.

Morgan noted that the ranch offers ample space for his company to expand its operations.

“We had these plans for some years,” Morgan said. “I really have to give kudos to my team for sticking through with this.”

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First Time Sales: November 2024

Across the state of Arizona, real estate agents achieve significant milestones in their careers every month. This November, we are proud to have been part of these REALTORS’ first sales as Global Real Estate Advisors with Russ Lyon Sotheby’s International Realty!

Enjoy!

2911 E Cortez Street | Phoenix
Sold for $675,000
Seller Representation: Justin Donnell
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Significant Sales: November 2024

Throughout the state of Arizona, Russ Lyon Sotheby’s International Realty has been proud to represent and participate in the following sales for November.

We refer to these as ‘Significant Sales.’ While all of our transactions are genuinely significant, we hope you enjoy discovering these unique homes based not only on price but also on their architectural, cultural, and geographical significance, as well as those involved in the journey.

Enjoy!

Seller Representation

10769 E Pinnacle Peak Road | Scottsdale
Sold for $5,490,000
Seller Representation: Frank Aazami & Fletcher Wilcox
42398 N 102nd Street 237 | Scottsdale
Sold for $5,200,000
Seller Representation: Frank Aazami & Dawn Dickinson
6641 E Lincoln Drive | Paradise Valley
Sold for $4,200,000
Seller Representation: Katie Williams
7455 E Quiet Mountain Place | Tucson
Sold for $1,670,000
Seller Representation: Christina Tierney & Frank Lococo
3732 E Windy Point Drive | Tucson
Sold for $1,348,950
Seller Representation: Bryan Durkin & Susan Neitzel
120 N Longfellow Avenue | Tucson
Sold for $1,035,000
Seller Representation: Thalia Kyriakas & Alexis Kyriakas
3325 W L Bar L Road| Prescott
Sold for $1,199,000
Seller Representation: Cynthia Harding
860 Northridge Drive| Prescott
Sold for $1,090,000
Seller Representation: Paige McCargar
9853 W JJ Ranch Road | Peoria
Sold for $2,900,000
Seller Representation: Jill Anderson & Nicole Secrest
6712 N 65th Street | Paradise Valley
Sold for $4,750,000
Seller Representation: Roseann Dunteman
9980 E Charter Oak Road | Scottsdale
Sold for $4,000,000
Seller Representation: Kathy Reisdorf, Cindy Metz & Katie Metz
10024 N 61st Place | Paradise Valley
Sold for $2,910,000
Seller Representation: Anthony Nicholas
9290 E Thompson Peak Parkway Unit# 444 | Scottsdale
Sold for $2,498,671
Seller Representation: Allan MacDonald
1075 Highway 82 | Nogales
Sold for $3,800,000
Seller Representation: Gary Brasher
9020 West Topeka Drive | Peoria
Sold for $695,000
Seller Representation: Bobbi Martin
9040 W Utopia Road | Peoria
Sold for $485,000
Seller Representation: Lori Reiland & Lindsey Shoultes
7802 W Surrey Avenue | Peoria
Sold for $458,000
Seller Representation: Renee Ryan
9202 E Red Lawrence Drive | Scottsdale
Sold for $3,000,000
Seller Representation: Lesley Vann
23205 N Church Road | Scottsdale
Sold for $2,725,000
Seller Representation: Jo Haitbrink
7500 E Boulders Parkway 78 | Scottsdale
Sold for $1,600,000
Seller Representation: Julie Antunes

Dual Representation

7501 E Cholla Lane | Scottsdale
Sold for $3,663,000 | Dual Representation
Seller Representation: Jennifer Schumacher
Buyer Representation: Jiejie Zeng
*Career-high sales for both agents!
3487 E Pinto Drive | Gilbert
Sold for $962,500 | Dual Representation
Seller Representation: Mary Wolf-Breen
Buyer Representation: Amy Antalik
42325 N 108th Street | Scottsdale
Sold for $6,385,000 | Dual Representation
Seller Representation: Kirk and Keith Marshall
Buyer Representation: Michelle Glenn and Frank Aazami
50 West Escondido Crossing | Nogales
Sold for $3,375,000 | Dual Representation
Seller Representation: Thalia Kyriakas & Bill Baffert
Buyer Representation: Gary Brasher
15425 N Badlands Circle | Prescott
Sold for $2,270,000 | Dual Representation
Seller Representation: Laura Spaeth
Buyer Representation: Terri Kiffer & Laura Spaeth
50 Pinon Court | Sedona
Sold for $1,872,500 | Dual Representation
Seller Representation: Laura Briggs & Jennifer Cohen
Buyer Representation: Jeanette Sauer
415 Aerie Road | Sedona
Sold for $1,495,000 | Dual Representation
Seller Representation: Katrin Themlitz
Buyer Representation: Elisa Andreis
238 Paramount Drive | Sedona
Sold for $1,450,000 | Dual Representation
Seller Representation: Jeanette Sauer
Buyer Representation: Ed Pennington
175 Quail Hollow Drive & 40 Deer Court | Sedona
Sold for $1,390,000
Dual Representation: Coco Clark & Drew Clark
10537 E Mariola Way | Scottsdale
Sold for $3,995,000
Dual Representation: Dan Wolski
10356 E Chia Way | Scottsdale
Sold for $2,600,000 | Dual Representation
Seller Representation: Cheryl D’Anna
Buyer Representation: Michelle Kalina

Buyer Representation

  • 4305 E Virgo Place | Chandler
    • Sold for $2,485,000
    • Buyer Representation: Jeremy Wilson & Elizabeth Wilson
  • 33930 N Borgata Trail | Queen Creek
    • Sold for $1,099,215
    • Buyer Representation: Melissa Kalinowski
  • 6167 N Whaleback Place | Tucson
    • Sold for $1,490,000
    • Buyer Representation: Susanne Grogan & Matt Grogan
  • 6269 E Empire Avenue | Prescott Valley
    • Sold for $705,000
    • Buyer Representation: Theresa Schoffstall
  • 287 W Smoke Tree Lane | Prescott
    • Sold for $699,000
    • Buyer Representation: Molly Auman
  • 154 Badger Drive | Sedona
    • Sold for $930,000
    • Buyer Representation: Debbie Gregor
  • 27087 N 90th Street | Scottsdale
    • Sold for $6,500,000
    • Buyer Representation: Sally Cashman & Kathleen Prokopow
  • 50 Escondido Crossing | Nogales
    • Sold for $3,375,000
    • Buyer Representation: Gary Brasher
  • 2736 W Florimond Road | Phoenix
    • Sold for $760,000
    • Buyer Representation: Lealah Ciaramitaro & Jennifer Cohen
  • 24127 N Church Road | Scottsdale
    • Sold for $2,650,000
    • Buyer Representation: Lonnie Lopez
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10 Tips for Hosting a Memorable Thanksgiving

10 Tips for Hosting a Memorable Thanksgiving

Thanksgiving is a time for gratitude, family, and, of course, food! Hosting this holiday gathering can feel overwhelming, but with some planning and thoughtful preparation, you can create a warm, welcoming, and stress-free celebration. Here are ten tips to help you host a Thanksgiving to remember:


1. Plan Your Menu Early

The cornerstone of Thanksgiving is the feast. Start planning your menu a couple of weeks in advance. Decide on the main dishes, sides, and desserts. Don’t forget to accommodate dietary restrictions—ask your guests about any allergies or preferences.

Pro Tip: Include a mix of traditional dishes (like turkey and stuffing) and a few unique recipes to keep things exciting.


2. Create a Cooking Schedule

Once you’ve nailed down your menu, create a timeline for cooking. Prep what you can in advance, such as chopping vegetables or baking pies. On Thanksgiving Day, prioritize dishes that need to be served hot.

Pro Tip: Use your oven wisely—schedule dishes with similar cooking temperatures together.


3. Delegate Tasks

Hosting doesn’t mean you have to do it all. Assign tasks to family and friends. Whether it’s bringing a side dish, setting the table, or managing drinks, delegating lightens the load and makes everyone feel involved.


4. Set the Mood

Decorate your space with seasonal touches like pumpkins, fall leaves, and candles. Use warm, inviting colors like oranges, golds, and browns. If you’re short on time, a simple bouquet of fresh flowers can brighten the table.

Pro Tip: Dim the lights slightly and play soft background music to create a cozy atmosphere.


5. Prepare the Table in Advance

Set your table the night before. Lay out plates, utensils, glasses, and napkins. Consider adding place cards to make seating arrangements seamless.

Pro Tip: Layer textures (like a linen tablecloth and woven placemats) for a polished look.


6. Have a Game Plan for Drinks

Offer a variety of beverages, both alcoholic and non-alcoholic. A signature cocktail, like a cranberry spritzer, adds a festive touch. Make sure you have enough ice, mixers, and glassware.


7. Create a Kids’ Zone

If children are part of your celebration, set up a dedicated space with activities like coloring pages, games, or a movie. This helps keep them entertained while the adults enjoy conversation.


8. Embrace Buffet-Style Serving

If you’re hosting a large group, a buffet setup can simplify the meal. Arrange dishes on a counter or side table, allowing guests to serve themselves. It’s efficient and keeps the dining table less crowded.


9. Take a Moment to Give Thanks

Amid the hustle and bustle, don’t forget the heart of Thanksgiving: gratitude. Take a moment before the meal for everyone to share what they’re thankful for. It’s a meaningful way to connect.


10. Don’t Stress About Perfection

Not everything has to go as planned, and that’s okay! Focus on enjoying the company of your loved ones. A relaxed host sets the tone for a joyful celebration.


Hosting Thanksgiving can be a rewarding experience with the right preparation. By planning ahead, staying organized, and embracing help, you’ll create a holiday that everyone remembers fondly. Most importantly, savor the moments of connection and gratitude—it’s what Thanksgiving is all about.

Happy hosting!

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Understanding Arizona Property Taxes and What Buyers Should Expect

When purchasing a home in Arizona, understanding the nuances of property taxes is essential for making informed financial decisions. Arizona’s property tax system is unique, and for buyers, it’s important to grasp how taxes are assessed, calculated, and what they mean for your budget.

How Property Taxes Are Determined in Arizona

Arizona uses a property tax system based on the assessed value of a property, which is not the same as its market value. The assessed value is a percentage of the full cash (market) value of the property, determined by the county assessor. For residential properties, the assessed value is generally 10% of the full cash value.

For example, if a home has a market value of $300,000, the assessed value would be $30,000.

Tax Rates and Jurisdictions

Once the assessed value is determined, it’s multiplied by the tax rate to calculate the property taxes owed. Tax rates vary depending on the location of the property and the taxing jurisdictions involved, such as:

  • County: Most Arizona counties levy property taxes to fund local services.
  • City or Municipality: If the property is within city limits, additional taxes may apply.
  • Special Districts: These could include school districts, fire districts, or water improvement districts.

Tax rates are expressed in dollars per $100 of assessed value. For example, if the tax rate in a given area is $7.50 per $100 of assessed value, a property with an assessed value of $30,000 would incur annual taxes of $2,250.

Why Are Arizona Property Taxes Relatively Low?

Compared to many other states, Arizona’s property tax rates are relatively low. This is because the state constitution limits the total amount of property tax that can be levied. Additionally, Arizona does not rely as heavily on property taxes to fund public services, instead using other revenue sources like sales taxes.

When Are Property Taxes Paid?

Arizona property taxes are billed twice a year:

  • The first installment is due October 1 and becomes delinquent after November 1.
  • The second installment is due March 1 of the following year and becomes delinquent after May 1.

For buyers, these dates are crucial. If you purchase a home mid-year, part of the property taxes will likely be prorated between the buyer and seller at closing.

Tax Exemptions and Benefits

Arizona offers several property tax exemptions and benefits for specific groups, including:

  • Primary Residence Exemption: A reduced assessed valuation for owner-occupied residences.
  • Seniors: Certain low-income seniors may qualify for a freeze on the assessed value of their property.
  • Veterans: Disabled veterans may be eligible for property tax exemptions.
  • Widows/Widowers: A tax break may also be available to widows and widowers who meet specific criteria.

Buyers should check with their county assessor’s office to see if they qualify for these programs.

Key Considerations for Buyers

  1. Research Local Tax Rates: Since property tax rates vary across the state, understanding the rates in your prospective neighborhood is crucial.
  2. Budget for Escrow: If you’re financing your home, your lender may require you to set up an escrow account to cover property taxes, so factor this into your monthly mortgage payments.
  3. Understand Future Changes: A property’s assessed value may change after purchase, particularly if improvements are made, which could increase your tax liability.

Closing Thoughts

Arizona’s property tax system is relatively straightforward but varies depending on local jurisdictions and specific circumstances. By understanding how property taxes are calculated and the associated deadlines, buyers can better prepare for the financial responsibilities of homeownership in the Grand Canyon State.

If you’re in the market for an Arizona home, take the time to review property tax information with your real estate agent or financial advisor to avoid surprises. A little preparation can go a long way in ensuring your investment aligns with your financial goals.

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Russ Lyon SIR Welcomes Annabel Firestone

Russ Lyon Sotheby’s International Realty is dedicated to bringing the highest service to today’s home buyers and sellers. This tradition continues with the recent addition of Global Real Estate Advisor Annabel Firestone to our Camelback Tower Office.

Russ Lyon Sotheby’s International Realty agents strive to deliver real estate experiences beyond expectations to enhance clients’ lifestyles, expanding their reputation as the most respected name in real estate. 

As a proud Arizona native, Annabel’s heart has always been in the Valley. After years away, exploring life in different cities and earning a business degree from SMU, she’s returned home with a renewed passion for the vibrant communities that make Arizona truly special. From the scenic landscapes to the dynamic lifestyle, Annabel is thrilled to help others find their place in the state she loves.

Annabel’s journey into real estate is marked by her strong analytical background and commitment to excellence. With her education and a sharp business acumen, she offers clients a unique combination of expertise and dedication. Specializing in premier areas like Gainey Ranch, Scottsdale, and Paradise Valley, Annabel focuses on delivering personalized service to meet each client’s unique needs.

Her approach is simple yet impactful: a focus on integrity, attention to detail, and unwavering support throughout the real estate process. Whether you’re looking to buy your first home, upgrade to your dream house, or explore the unique lifestyle opportunities of the Valley, Annabel is by your side every step of the way.

For Annabel, real estate is more than a transaction—it’s about helping clients turn their goals into reality and making the process as smooth and enjoyable as possible. Ready to find your dream home? Let Annabel guide you with her expertise, enthusiasm, and genuine love for Arizona living.

“Annabel is the latest to join forces with Russ Lyon | SIR in what is a recent trend of young entrepreneurs following in their parents footsteps. Having watched her mother at the helm of a successful real estate business, Annabel will certainly benefit from the guidance of her mother, Jacqie Firestone. We are ecstatic to welcome Annabel into our brokerage!” – Sherri Monteith, Managing Broker

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Arizona’s Best Neighborhoods for Families: Top Picks for Schools, Parks, and Community Living

When it comes to finding the perfect place to raise a family, Arizona offers a diverse range of neighborhoods that cater to parents seeking excellent schools, safe parks, and a strong sense of community. Whether you’re new to the state or just considering a move within Arizona, here’s a guide to some of the top family-friendly neighborhoods to consider.

1. Scottsdale: McCormick Ranch

Known for its lush landscaping, beautiful lakes, and extensive biking and walking trails, McCormick Ranch in Scottsdale is ideal for active families. The neighborhood is home to some of the top-rated schools in the Scottsdale Unified School District, as well as numerous parks and community events. Families here enjoy access to Chaparral Park, which features a large lake, dog park, and plenty of open space for picnics and sports.

Highlights:

  • Highly rated public and private schools
  • Lakeside parks, playgrounds, and walking paths
  • Family-friendly events like outdoor movie nights and farmer’s markets

2. Gilbert: Power Ranch

Gilbert’s Power Ranch community has become a top choice for families, with its well-planned amenities and friendly atmosphere. Known for its recreational facilities, including pools, playgrounds, and a large community clubhouse, Power Ranch fosters a strong sense of community with events like holiday parades and summer camps for kids. The schools in this area, particularly those in the Higley Unified School District, are some of the best in the region.

Highlights:

  • Multiple parks, pools, and a community clubhouse
  • Schools with excellent academic programs and extracurricular activities
  • Year-round family events, fostering a close-knit neighborhood vibe

3. Chandler: Ocotillo

Ocotillo in Chandler is a well-developed area that boasts beautiful lakes, luxury homes, and family-friendly amenities. The Chandler Unified School District, which serves this area, is known for its academic rigor and quality programs. Families in Ocotillo can enjoy plenty of outdoor activities, with parks, golf courses, and scenic walking paths around the lake.

Highlights:

  • Top-rated schools in the Chandler district
  • Beautiful lakes and well-maintained parks
  • Family events, community BBQs, and close proximity to downtown Chandler’s shops and dining

4. Phoenix: Arcadia

For families looking for an urban experience with suburban benefits, Arcadia in Phoenix is a perfect blend. Known for its tree-lined streets and character-rich homes, Arcadia offers easy access to both Phoenix and Scottsdale amenities. Its close proximity to top-rated schools in the Scottsdale Unified School District and popular spots like the Arizona Canal Trail make it a favorite among active families. Arcadia is also home to local parks, neighborhood gatherings, and family-focused events, making it a great place for parents who enjoy a vibrant community atmosphere.

Highlights:

  • Access to excellent schools, shopping, and dining
  • Vibrant community with farmer’s markets and holiday events
  • Extensive parks and outdoor areas

5. Peoria: Vistancia

Vistancia is a master-planned community in Peoria that has become a popular choice for families in recent years. It offers a resort-style atmosphere with pools, golf courses, parks, and miles of hiking trails. The Peoria Unified School District serves this area and has a solid reputation for quality education. Vistancia’s community center hosts events throughout the year, like family fun days, sports leagues, and seasonal celebrations, adding to the neighborhood’s family-friendly appeal.

Highlights:

  • High-ranking schools in the Peoria district
  • Resort-style amenities including pools, parks, and golf
  • Year-round community events and family activities

6. Queen Creek: The Pecans

If you’re looking for a charming, rural-inspired neighborhood with a strong community vibe, The Pecans in Queen Creek is a standout. This gated community is known for its tree-lined streets and large lots, which give families plenty of space. The Queen Creek Unified School District serves this area, providing quality education options. The Pecans neighborhood holds family-friendly events, holiday gatherings, and offers a peaceful, suburban setting perfect for raising kids.

Highlights:

  • Spacious homes and family-friendly community
  • Strong school district and local youth programs
  • Rural charm with modern amenities

Choosing the Right Neighborhood for Your Family

Arizona’s neighborhoods each bring a unique flavor and lifestyle that can enrich the experience of raising a family. From the quiet, tree-lined streets of The Pecans to the community-focused events in Power Ranch, there’s something for everyone. When looking for the perfect neighborhood, think about what matters most to your family—whether it’s proximity to top schools, access to outdoor spaces, or a calendar full of community events.

Living in a family-friendly neighborhood can create lifelong memories, build lasting friendships, and offer a supportive community as you watch your kids grow. Arizona’s diverse neighborhoods make it possible to find a place that fits your family’s lifestyle and values, ensuring a fulfilling, connected, and enriching environment for years to come.