NOT LISTED FOR SALE

Estimated Value: $67,836,944

2 Beds
-- Bath
899 Sq Ft
$75,458/Sq Ft Est. Value

About This Home

Our Rise Lakeside, Phoenix apartments for rent, offer a blend of modern living and natural beauty. Explore our 1- and 2-bedroom floor plans, complete with stylish interiors and an array of amenities. Enjoy the convenient location, near Downtown, Midtown, Uptown Phoenix, ASU West Campus, and Grand Canyon University. Contact us today to schedule a tour and experience the comfort and convenience of Rise Lakeside living!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2022
Sold by
Biltmore Waterfront Llc
Bought by
Rise Lakeside Llc
Current Estimated Value
$67,836,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,744,500
Outstanding Balance
$58,729,655
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$9,107,289

Purchase Details

Closed on
Aug 24, 2015
Sold by
11459 North 28Th Drive Holdings Llc
Bought by
Biltmore Waterfront Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,800,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2007
Sold by
Asn Portofino Llc
Bought by
Summerhill West Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,300,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1993
Sold by
R & B Property Holding Company
Bought by
Oakland Executive Center
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Rise Lakeside Llc $75,300,000 Fidelity National Title
Biltmore Waterfront Llc -- First American Title Ins Co
Biltmore Waterfront Llc $10,000,000 First American Title Ins Co
Summerhill West Llc $18,647,000 Chicago Title Insurance Co
Oakland Executive Center -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rise Lakeside Llc $61,744,500
Previous Owner Biltmore Waterfront Llc $8,800,000
Previous Owner Summerhill West Llc $13,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Price Changed $995 -12.3% $2 / Sq Ft
11/15/2023 11/15/23 Price Changed $1,135 -9.2% $2 / Sq Ft
10/17/2023 10/17/23 Price Changed $1,250 +10.1% $2 / Sq Ft
08/17/2023 08/17/23 Price Changed $1,135 -5.4% $2 / Sq Ft
08/08/2023 08/08/23 Price Changed $1,200 0.0% $2 / Sq Ft
08/08/2023 08/08/23 For Rent $1,200 -4.0% --
06/21/2023 06/21/23 For Rent $1,250 0.0% --
06/17/2023 06/17/23 For Rent $1,250 0.0% --
05/30/2023 05/30/23 Price Changed $1,250 +6.4% $2 / Sq Ft
11/04/2022 11/04/22 Price Changed $1,175 -6.0% $2 / Sq Ft
10/14/2022 10/14/22 Price Changed $1,250 0.0% $2 / Sq Ft
09/12/2022 09/12/22 Price Changed $1,250 -3.8% $2 / Sq Ft
09/09/2022 09/09/22 Price Changed $1,300 +10.6% $2 / Sq Ft
09/07/2022 09/07/22 Price Changed $1,175 +2.3% $2 / Sq Ft
08/31/2022 08/31/22 For Rent $1,149 0.0% --
06/07/2022 06/07/22 For Rent $1,149 0.0% --
05/18/2022 05/18/22 For Rent $1,149 -- --

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 $139,326 $1,139,134 -- --
2024 $136,789 $1,084,890 -- --
2023 $136,789 $3,733,370 $746,670 $2,986,700
2022 $132,331 $3,105,770 $621,150 $2,484,620
2021 $134,033 $2,694,070 $538,810 $2,155,260
2020 $130,686 $1,750,900 $350,180 $1,400,720
2019 $128,301 $1,596,560 $319,310 $1,277,250
2018 $124,941 $1,093,030 $218,600 $874,430
2017 $124,308 $1,007,650 $201,530 $806,120
2016 $122,047 $1,025,220 $205,040 $820,180
2015 $113,028 $908,730 $181,740 $726,990
Source: Public Records

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