NOT LISTED FOR SALE

3848 E Cholla Ln Phoenix, AZ 85028

Paradise Valley Neighborhood

Estimated Value: $1,928,878 - $2,082,000

3 Beds
3 Baths
2,574 Sq Ft
$767/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $1,500,000 $583 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $12,520/month

14 Days on Market

Highlights

  • Horse Stalls
  • Play Pool
  • 2.25 Acre Lot
  • Mercury Mine Elementary School Rated A
  • RV Gated
  • Mountain View

About This Home

As of September 2021

Amazing opportunity for rare, scarce, most private 2.25 acre parcel just steps from Phoenix Mountain Preserve.
Walk, hike, ride for miles in pristine quiet. Perfect symphony of sky, mountains, peacefulness. Unique area of large parcels. One of first lots chosen by original owners 50 years ago on last street before Preserve. Small horse set up, nice pebbletec pool. House is clean and shows pride of ownership but value is in the land. This is a sought after destination! Feels like the country yet minutes from shopping, dining, 51. Extra room adjacent to garage used for dogs, storage but could be office with AC installed. PRIME LOCATION where properties RARELY come on the market.

Last Listed By

Lauren Ellington

Realty Executives License #SA542605000 Listed on: 08/13/2021

Realty Executives

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,796

Year Built

  • Built in 1974

Lot Details

  • 2.25 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Chain Link Fence
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • RV Gated

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,574 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Living Room with Fireplace
  • Mountain Views
  • Built-In Microwave

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Play Pool
  • Covered patio or porch

Schools

  • Desert Cove Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Horse Stalls
  • Tack Room

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Sahuaro Hts Lot 11 Ex Se2 Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 165-15-011-B

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,796

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Shea & 40th St.
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1974
  • Tax Year: 2021
  • Directions: From Shea go South on 40th St., Southwest on Sahuaro to the end and Left(East) on Cholla. House is on the left.
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 2.25
  • Co List Office Mls Id: reax10
  • Co List Office Phone: 480-998-0676
  • Subdivision Name: Sahuaro Hts Lot 11 EX SE2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Basement YN: No
  • Possible Use: Ranch/Farm
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 2574.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Desert Back, Desert Front, Natural Desert Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Brick Veneer, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, Side Vehicle Entry, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Desert Cove Elementary School
  • High School: Shadow Mountain High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Horse Amenities: Stall, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 98185.0
  • Parcel #: 165-15-011-B
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 7796.0
  • Tax Book Number: 165.00
  • Tax Lot: 11
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Cling Douglas A
Bought by
Jhg Trust and Gurley
Total Days on Market
14
Current Estimated Value
$1,974,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$703,970
Interest Rate
8.25%
Mortgage Type
New Conventional
Estimated Equity
$1,249,049

Purchase Details

Closed on
Jan 27, 2023
Sold by
Cholla 3848 Llc
Bought by
Cling Douglas A

Purchase Details

Closed on
Dec 6, 2022
Sold by
Amy Steven J and Amy Powers
Bought by
Cholla 3848 Llc

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 9, 2021
Sold by
Skurja Shannon and Griffith Family Trust
Bought by
Powers Amy Dewey and Valentive Steven J
Seller's Agent
Lauren Ellington
Realty Executives
Buyer's Agent
Amy Powers
HomeSmart
List Price
$1,800,000
Sold Price
$1,500,000
Premium/Discount to List
-$300,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Oct 31, 2006
Sold by
Griffith Investment Co
Bought by
Griffith Jean P and Griffith Family Trust

Range of Values:

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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
Jhg Trust $1,900,000 Clear Title Agency Of Arizona
Cling Douglas A $2,200,000 Clear Title Agency Of Arizona
Cholla 3848 Llc -- --
Powers Amy Dewey $1,500,000 Old Republic Title Agency
Griffith Jean P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jhg Trust $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $1,500,000 -16.7% $583 / Sq Ft
08/12/2021 08/12/21 For Sale $1,800,000 -- $699 / Sq Ft
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 $17,607 $176,882 $176,882 --
2024 $17,238 $168,459 $168,459 --
2023 $17,238 $341,355 $341,355 $0
2022 $8,638 $82,110 $16,420 $65,690
2021 $8,064 $79,930 $15,980 $63,950
2020 $7,796 $73,480 $14,690 $58,790
2019 $7,807 $72,230 $14,440 $57,790
2018 $7,531 $82,950 $16,590 $66,360
2017 $7,194 $81,180 $16,230 $64,950
2016 $7,064 $78,400 $15,680 $62,720
2015 $6,497 $66,110 $13,220 $52,890
Source: Public Records

Agents Affiliated with this Home

  • Lauren Ellington

    Seller's Agent in 2021

    Lauren Ellington

    Realty Executives

    (602) 326-9586

    30 in this area

    96 Total Sales

    Lauren Ellington
    Section Image
  • Michelle Kenny

    Seller Co-Listing Agent in 2021

    Michelle Kenny

    Realty Executives

    (602) 524-3929

    5 in this area

    7 Total Sales

    Michelle Kenny
    Section Image

  • A

    Buyer's Agent in 2021

    Amy Powers

    HomeSmart

    (480) 443-7400

    1 in this area

    5 Total Sales

    Amy Powers
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6278415

Arizona Regional Multiple Listing Service (ARMLS)

APN: 165-15-011B

Arizona Maricopa County Phoenix 85028 Paradise Valley

3848 E Cholla Ln, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 3848 E Cholla Ln, Phoenix, AZ 85028 since 13 August 2021 and is currently estimated at $1,974,720, approximately $767 per square foot. This property was built in 1974. 3848 E Cholla Ln is a home located in Maricopa County with nearby schools including Mercury Mine Elementary School, Shea Middle School, and Shadow Mountain High School.

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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