NOT LISTED FOR SALE

4020 E Desert Crest Dr Unit 2 Paradise Valley, AZ 85253

Estimated Value: $1,539,105 - $2,594,000

0.95 Acre
$2,119,686 Price per Acre
41,382 Sq Ft Lot

Last Sold December 13, 2020

Last sale price $850,000

Est. 137% increase in value since last sale

Current estimated payment $11,202/month

336 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Cul-De-Sac
  • Kiva Elementary School Rated A

About This Lot

As of December 2020

Stunning lot with full on views of Camelback Mountain which is valued as the most desirable view in Phoenix. South Mountain and the Phoenix Skyline round out the incredible and unimpeded views of this rare lot. The cul-de-sac location is an added amenity for this choice lot. Build your dream home on this cactus studded lot with a signature Saguaro and a whole stand of Cardons. A mature Desert Botanical Garden feeling awaits your personal residence.

Last Agent to Sell the Property

Carol Adams

Compass License #SA502354000 Listed on: 11/18/2019

Compass

Co-Listed By

Allan Bone

Compass License #SA638142000

Last Buyer's Agent

Christopher Karas

Compass License #SA555869000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,606

Lot Details

  • 0.95 Acre Lot
  • Cul-De-Sac
  • Property is zoned R43

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Community Details

  • No Home Owners Association
  • Kerber Lot Split Lot 1,2 Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 169-51-027

Property Details

Property Type

Land

Est. Annual Taxes

$5,606

Lot Details

0

Listing Details

  • Cross Street: Lincoln and 40th
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R43
  • Tax Year: 2019
  • Directions: Take 40th off of Lincoln by heading North and then west on Desert Crest to lot on north side of cul-de-sac.
  • Lot Size Acres: 0.95
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: KERBER LOT SPLIT LOT 1,2
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, City Light View(s), Mountain View(s), North/South Exp
  • Disclosures: None, Other (See Rmks)

Utilities

  • Electric: APS

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: acre
  • Horse Amenities: Other, See Remarks
  • Lot Size Sq Ft: 41332.0
  • Additional Parcels: No
  • Parcel #: 169-51-027
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5606.0
  • Tax Book Number: 169.00
  • Tax Lot: 2
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Dec 10, 2020
Sold by
Hexton Pamela G and Underwood Pamela G
Bought by
Adler Matthew Jason and Adler Sarah R
Seller's Agent
Carol Adams
Compass
Buyer's Agent
Christopher Karas
Compass
List Price
$1,200,000
Sold Price
$850,000
Premium/Discount to List
-$350,000
-29.17%
Current Estimated Value
$2,013,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,163,702
Avg. Annual Appreciation
19.73%
Original Mortgage
$500,000
Outstanding Balance
$461,438
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$1,552,264

Purchase Details

Closed on
Feb 1, 2000
Sold by
Underwood Lawrence A
Bought by
Underwood Pamela G

Purchase Details

Closed on
Jan 12, 2000
Sold by
Underwood Pamela G
Bought by
Underwood Pamela G and Pamela Divine Trust

Purchase Details

Closed on
Dec 16, 1999
Sold by
Underwood Lawrence A
Bought by
Underwood Pamela G
Source: Public Records

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
Adler Matthew Jason $850,000 Wfg National Title Ins Co
Underwood Pamela G -- --
Underwood Pamela G -- --
Underwood Pamela G -- Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adler Matthew Jason $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2020 12/13/20 Sold $850,000 -15.0% --
03/04/2020 03/04/20 Price Changed $999,900 -16.7% --
11/16/2019 11/16/19 For Sale $1,200,000 -- --
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 $5,811 $98,849 $98,849 --
2024 $5,731 $94,142 $94,142 --
2023 $5,731 $167,250 $167,250 $0
2022 $5,498 $122,640 $122,640 $0
2021 $5,844 $113,490 $113,490 $0
2020 $5,807 $106,410 $106,410 $0
2019 $5,606 $92,790 $92,790 $0
2018 $5,398 $98,565 $98,565 $0
2017 $5,186 $95,355 $95,355 $0
2016 $5,077 $82,275 $82,275 $0
2015 $5,138 $76,160 $76,160 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6006319

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-51-027