NOT LISTED FOR SALE

4035 E McDonald Dr Unit 2 Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $2,543,000 - $3,676,000

0.42 Acre
$7,200,850 Price per Acre
18,295 Sq Ft Lot

Last Sold March 31, 2016

Last sale price $565,000

Est. 435% increase in value since last sale

Current estimated payment $16,110/month

164 Days on Market

Highlights

  • 0.42 Acre Lot
  • Mountain View
  • No HOA
  • Hopi Elementary School Rated A
  • Corner Lot
  • Wood Fence

About This Lot

As of March 2016

Location, location, location! Tear down to rebuild a modern residence. Take advantage of the existing orientation of the home w/ fabulous views of Camelback Mt. and the Praying Monk. This slightly elevated lot is quiet & peaceful. Surrounded by multi million dollar Paradise Valley estates and just down hill from the former Barry Goldwater home. Imagine the potential for this beautiful site in the highly desirable 85018 zip code.

Last Agent to Sell the Property

Cheryl Wamsley

Compass License #BR577976000 Listed on: 02/16/2016

Compass

Last Buyer's Agent

Dave Fernandez

DeLex Realty License #BR043628000

DeLex Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,717

Lot Details

  • 0.42 Acre Lot
  • Wood Fence
  • Corner Lot

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia High School

Additional Features

  • Mountain Views
  • Residence on Property

Community Details

  • No Home Owners Association
  • Short Hills Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 171-07-003

Property Details

Property Type

Land

Est. Annual Taxes

$2,717

Lot Details

0

Listing Details

  • Cross Street: 40th St & McDonald Drive
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: Gentle Sloping, Level
  • Zoning: R-1
  • Tax Year: 2014
  • Lot Size Acres: 0.42
  • Road Surface Type: Asphalt
  • Subdivision Name: SHORT HILLS
  • View:Mountain View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Wood
  • Lot Features: Corner Lot, Dual Street Ftg
  • View: Mountain(s)
  • Disclosures: None
  • Other Structures: Residence

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hopi Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: 120x142
  • Lot Size Sq Ft: 18265.0
  • Additional Parcels: No
  • Parcel #: 171-07-003

Tax Info

  • Tax Annual Amount: 2717.0
  • Tax Book Number: 171.00
  • Tax Lot: 2
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2020
Sold by
Raish Randall J and Raish Linda H
Bought by
Raish Linda Hagen and Raish Randall James
Current Estimated Value
$3,024,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Outstanding Balance
$384,939
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,639,418

Purchase Details

Listed on
Feb 16, 2016
Closed on
Mar 25, 2016
Sold by
Canter Steven Barry
Bought by
Raish Randall J and Raish Linda H
Seller's Agent
Cheryl Wamsley
Compass
Buyer's Agent
Dave Fernandez
DeLex Realty
List Price
$600,000
Sold Price
$565,000
Premium/Discount to List
-$35,000
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.71%
Original Mortgage
$508,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2006
Sold by
Canter Steven Barry
Bought by
Canter Steven Barry and Canter Rachelle Joan

Purchase Details

Closed on
Feb 3, 2006
Sold by
Canter Mathilda
Bought by
Canter Steven Barry and Canter Rachelle Joan

Purchase Details

Closed on
Dec 21, 2004
Sold by
Tupper Edward F
Bought by
Canter Mathilda and The Canter Revocable Trust

Purchase Details

Closed on
Dec 26, 1996
Sold by
Canter Mathilda
Bought by
Canter Mathilda and The Canter Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Raish Linda Hagen -- Grand Canyon Title Agency
Raish Randall J $565,000 Old Republic Title Agency
Canter Steven Barry -- None Available
Canter Steven Barry -- None Available
Canter Steven Barry -- None Available
Canter Mathilda -- Russ Lyon Title Llc
Canter Mathilda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raish Linda Hagen $488,000
Closed Raish Randall J $508,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $565,000 -5.8% --
02/21/2016 02/21/16 Pending -- -- --
09/10/2015 09/10/15 For Sale $600,000 -- --
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 $3,735 $52,521 -- --
2024 $3,463 $50,020 -- --
2023 $3,463 $88,810 $17,760 $71,050
2022 $3,337 $68,280 $13,650 $54,630
2021 $3,507 $62,820 $12,560 $50,260
2020 $3,451 $57,960 $11,590 $46,370
2019 $3,462 $51,100 $10,220 $40,880
2018 $3,352 $45,730 $9,140 $36,590
2017 $3,180 $45,810 $9,160 $36,650
2016 $3,094 $42,500 $8,500 $34,000
2015 $2,844 $42,750 $8,550 $34,200
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Wamsley

    Seller's Agent in 2016

    Cheryl Wamsley

    Compass

    (602) 908-8826

    1 in this area

    28 Total Sales

    Cheryl Wamsley
    Section Image
  • Dave Fernandez

    Buyer's Agent in 2016

    Dave Fernandez

    DeLex Realty

    (602) 469-7300

    3 in this area

    71 Total Sales

    Dave Fernandez
    Section Image

  • D

    Buyer's Agent in 2016

    David Fernandez

    Elite Partners

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5334958

Arizona Regional Multiple Listing Service (ARMLS)

APN: 171-07-003

Arizona Maricopa County Phoenix 85018 Camelback East Village

4035 E McDonald Dr Unit 2, 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

Nearby Homes