NOT LISTED FOR SALE

1516 E Paradise Ln Phoenix, AZ 85022

Paradise Valley Village Neighborhood
1.44 Acres
-- Price per Acre
62,726 Sq Ft Lot

Last Sold March 14, 2025

Last sale price $650,000

122 Days on Market

Highlights

  • 1.44 Acre Lot
  • Level Lot
  • 3-minute walk to Paradise Valley Park
  • Mountain View
  • East or West Exposure

About This Lot

As of March 2025

Prime Building Opportunity! An incredible chance to develop six homes, with complete plans ready for execution. This is ideal for a small builder or anyone looking to create a charming rental community. Each home offers approximately 3,000 square feet, featuring three bedrooms, an office/den, four and a half bathrooms, spacious view decks, and two-car garages with direct access. While the subdivision is platted as a condominium, all homes are free-standing with no shared walls. Lookout Mountain views and within walking distance to hiking trails.

Last Agent to Sell the Property

Scott Grigg

Grigg's Group Powered by The Altman Brothers License #SA561582000 Listed on: 11/26/2024

Co-Listed By

Kevin Petruska

Grigg's Group Powered by The Altman Brothers License #SA536255000

Last Buyer's Agent

Non-Represented Buyer

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,876

Lot Details

  • 1.44 Acre Lot
  • East or West Exposure
  • Level Lot
  • 6 Lots in the community
  • Additional Parcels
  • Property is zoned R1-10

Schools

  • Aire Libre Elementary School
  • Greenway Middle School
  • North Canyon High School

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • Property has a Home Owners Association
  • Paradise Lane Villas Association
  • Paradise Lane Villas Condominium Subdivision

Listing and Financial Details

  • Assessor Parcel Number 214-15-393-A

Property Details

Property Type

Land

Est. Annual Taxes

$3,876

Lot Details

0

Listing Details

  • Cross Street: 16TH ST & GREENWAY PKWY
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: See Remarks, Subdivision Plat Apv, Plans Included, Off Site Imp Needed, On Site Imp Needed
  • Topography: Level
  • Zoning: R1-10
  • Tax Year: 2023
  • Horses: No
  • Lot Size Acres: 1.44
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: ggpb001
  • Co List Office Phone: 480-788-0929
  • Subdivision Name: PARADISE LANE VILLAS CONDOMINIUM
  • Tax Parcel Letter: A
  • View:Mountain View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: See Remarks, Single Family, Multi-Family

Exterior Features

  • Fencing: None
  • Lot Features: East/West Exposure, North/South Exp
  • View: Mountain(s)
  • Disclosures: Development Pln Aval
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • HOA Paid Frequency: Monthly
  • HOA Telephone: 000-000-0000
  • Association Fee Frequency: Monthly
  • Association Name: PARADISE LANE VILLAS
  • Phone: 000-000-0000
  • Association: Yes

Schools

  • Elementary School: Aire Libre Elementary School
  • High School: North Canyon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Greenway Middle School

Lot Info

  • Lot Size: EACH LOT 2305 SF
  • Lot Size Sq Ft: 62516.0
  • Number Of Lots: 6
  • Additional Parcels: Yes
  • Parcel #: 214-15-393-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3876.0
  • Tax Book Number: 214.00
  • Tax Lot: -
  • Tax Map Number: 15.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold $650,000 -7.8% --
02/03/2025 02/03/25 Pending -- -- --
01/31/2025 01/31/25 Price Changed $705,000 -6.0% --
11/26/2024 11/26/24 For Sale $750,000 0.0% --
11/06/2024 11/06/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $750,000 0.0% --
10/04/2024 10/04/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $750,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scott Grigg

    Seller's Agent in 2025

    Scott Grigg

    Grigg's Group Powered by The Altman Brothers

    (480) 540-5479

    15 in this area

    246 Total Sales

    Scott Grigg
    Section Image

  • K

    Seller Co-Listing Agent in 2025

    Kevin Petruska

    Grigg's Group Powered by The Altman Brothers

    (602) 821-1547

    1 in this area

    8 Total Sales

    Kevin Petruska
    Section Image

  • N

    Buyer's Agent in 2025

    Non-Represented Buyer

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6766879

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85022 Paradise Valley Village

1516 E Paradise Ln, Phoenix, AZ

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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