$1,445,000
$55K PRICE DROP

2703 E Friess Dr Unit 5 Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated payment $7,867/month

Total Views 2,301
1.11 Acres
$1,301,802 Price per Acre
48,352 Sq Ft Lot

Highlights

  • Gated Community
  • City Lights View
  • Cul-De-Sac
  • Shadow Mountain High School Rated A-
  • 1.11 Acre Lot
  • Property is near a preserve or public land

About This Lot

SELLER FINANCING AVAILABLE!!!
Stunning elevated lot in the exclusive, gated Preserve at Shadow Mountain community! Beautifully situated among multi-million-dollar homes! Enjoy unobstructed 360 city and mountain views, perfectly situated on a culdesac with a private road bordering the preserve with direct access to hiking trails right outside your door! Just minutes from Paradise Valley Mall, premier golf courses, shopping, dining, schools, horseback riding, and major freeways. This prime central location is truly unmatched. Ready for your dream build! Don't miss the opportunity to own one of the finest lots in the Preserve at Shadow Mountain!

Listing Agent

Mayra Hernandez

West USA Realty License #SA716380000 Listed on: 10/04/2025

West USA Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,652

Lot Details

  • 1.11 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $113 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

  • Larkspur Elementary School
  • Shea Middle School
  • Paradise Valley High School

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 214-54-007

Community Details

Overview

  • Presereve At Sm Association, Phone Number (480) 483-8290
  • Preserve At Shadow Mountain Subdivision
  • Property is near a preserve or public land

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,652

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Cross Street: 28th St & Thunderbird
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: RES
  • Tax Year: 2024
  • Horses: No
  • Lot Size Acres: 1.11
  • Road Surface Type: Asphalt
  • Subdivision Name: PRESERVE AT SHADOW MOUNTAIN
  • View:Mountain View(s): Yes
  • View:City Light View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Gated Community, North/South Exp, Border Common Area, Borders Pres/Pub Lnd
  • View: City Lights, Mountain(s)
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 339.94
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-483-8290
  • HOA Transfer Fee: 250.0
  • Association Fee: 339.94
  • Association Fee Frequency: Quarterly
  • Association Name: Presereve at SM
  • Phone: 480-483-8290
  • Association: Yes

Schools

  • Elementary School: Larkspur Elementary School
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Lot Size: 0
  • Lot Size Sq Ft: 48435.0
  • Additional Parcels: No
  • Parcel #: 214-54-007

Tax Info

  • Tax Annual Amount: 1652.0
  • Tax Book Number: 214.00
  • Tax Lot: 5
  • Tax Map Number: 54.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $1,696 $16,599 $16,599 --
2024 $1,618 $15,809 $15,809 --
2023 $1,618 $55,920 $55,920 $0
2022 $1,601 $45,900 $45,900 $0
2021 $1,606 $60,735 $60,735 $0
2020 $1,557 $60,735 $60,735 $0
2019 $1,558 $50,655 $50,655 $0
2018 $1,507 $71,625 $71,625 $0
2017 $1,445 $61,425 $61,425 $0
2016 $1,421 $55,125 $55,125 $0
2015 $1,403 $18,288 $18,288 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Price Changed $1,445,000 -0.3% --
10/31/2025 10/31/25 Price Changed $1,450,000 -3.3% --
10/04/2025 10/04/25 For Sale $1,500,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- --
Interfamily Deed Transfer -- Security Title Agency Inc
Warranty Deed $425,000 Security Title Agency Inc
Cash Sale Deed $317,344 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $382,500 Fannie Mae Freddie Mac
Previous Owner $382,500 Fannie Mae Freddie Mac
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6929156

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-54-007

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2703 E Friess Dr Unit 5, Phoenix, AZ

For Sale

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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Listing Agent
Mayra Hernandez
Section Image
West USA Realty
(602) 400-9243