NOT LISTED FOR SALE

2025 E Solar Dr Unit 5 Phoenix, AZ 85020

Camelback East Village Neighborhood

Estimated Value: $1,913,000 - $2,488,000

0.47 Acre
$4,872,811 Price per Acre
20,473 Sq Ft Lot

Last Sold February 12, 2020

Last sale price $380,000

Est. 503% increase in value since last sale

Current estimated payment $12,936/month

42 Days on Market

Highlights

  • 0.47 Acre Lot
  • Mountain View
  • Cul-De-Sac
  • Madison Heights Elementary School Rated A-
  • No HOA

About This Lot

As of February 2020

Opportunity knocks! Build your dream home at the end of this cul-de-sac lot with expansive views of Piestewa Peak at every turn. Incredible location perfectly situated between the coveted town of Paradise Valley and the desired Biltmore Financial District. Enjoy the best of both worlds at your disposal: the outdoor Arizona desert landscape with access to hiking & biking trails just minutes from your door and the hustle & bustle of city living with top of the line shopping, dining, night life, workout facilities, top rated schools & parks just a few minute drive. The previous structure has been torn down so this lot is ready for you & your imagination. Dream away! At almost a half acre, this lot can accommodate an impressive sized property with ample room for your backyard oasis.

Last Agent to Sell the Property

Heidi Majidi

RE/MAX Fine Properties License #SA560739000 Listed on: 11/22/2019

RE/MAX Fine Properties

Last Buyer's Agent

Ken Elder

Long Realty Uptown License #SA558141000

Long Realty Uptown

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,972

Lot Details

  • 0.47 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Property is zoned R-10

Property Views

  • Mountain Views

Schools

  • Madison Heights Elementary School
  • Madison #1 Middle School
  • Camelback High School

Community Details

  • No Home Owners Association
  • Winterhaven Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 164-31-005

Property Details

Property Type

Land

Est. Annual Taxes

$4,972

Lot Details

0

Listing Details

  • Cross Street: 20th St & Glendale
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-10
  • Tax Year: 2019
  • Lot Size Acres: 0.47
  • Subdivision Name: WINTERHAVEN
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Lot Features: Cul-De-Sac, Mountain View(s)
  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Madison Heights Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Lot Size: 204' x 98'
  • Lot Size Sq Ft: 20338.0
  • Additional Parcels: No
  • Parcel #: 164-31-005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4972.0
  • Tax Book Number: 164.00
  • Tax Lot: 5
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Feb 6, 2020
Sold by
Ghazi Stacy
Bought by
Mcelroy Kevin Patrick and Siathone Danny
Seller's Agent
Heidi Majidi
RE/MAX Fine Properties
Buyer's Agent
Ken Elder
Long Realty Uptown
List Price
$411,000
Sold Price
$380,000
Premium/Discount to List
-$31,000
-7.54%
Current Estimated Value
$2,290,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,910,221
Avg. Annual Appreciation
35.73%
Original Mortgage
$266,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2014
Sold by
Ghazi Sassine and Ghazi Stacy
Bought by
Ghazi Stacy
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 Buyer Sale Price Title Company
Mcelroy Kevin Patrick $380,000 Old Republic Title Agency
Ghazi Stacy -- Clear Title Agency
Ghazi Stacy $192,000 Clear Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcelroy Kevin Patrick $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2020 02/12/20 Sold $380,000 -7.5% --
01/03/2020 01/03/20 Pending -- -- --
11/22/2019 11/22/19 For Sale $411,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $11,232 $86,216 -- --
2024 $5,277 $82,110 -- --
2023 $5,277 $82,770 $82,770 $0
2022 $5,120 $64,320 $64,320 $0
2021 $5,164 $59,160 $59,160 $0
2020 $5,084 $50,670 $50,670 $0
2019 $4,972 $50,445 $50,445 $0
2018 $4,850 $46,650 $46,650 $0
2017 $4,621 $46,905 $46,905 $0
2016 $1,973 $19,330 $3,860 $15,470
2015 $1,836 $17,950 $3,590 $14,360
Source: Public Records

Agents Affiliated with this Home

  • Heidi Majidi

    Seller's Agent in 2020

    Heidi Majidi

    RE/MAX

    (602) 570-8113

    5 in this area

    125 Total Sales

    Heidi Majidi
    Section Image
  • Ken Elder

    Buyer's Agent in 2020

    Ken Elder

    Long Realty Uptown

    (520) 270-4307

    4 in this area

    134 Total Sales

    Ken Elder
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6007975

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-31-005

Arizona Maricopa County Phoenix 85020 Camelback East Village

2025 E Solar Dr Unit 5, 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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