NOT LISTED FOR SALE

4120 N 53rd Place Unit 2 Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $3,597,000 - $5,910,000

0.51 Acre
$8,893,873 Price per Acre
22,216 Sq Ft Lot

Last Sold September 28, 2018

Last sale price $916,000

Est. 395% increase in value since last sale

Current estimated payment $25,247/month

42 Days on Market

Highlights

  • 0.51 Acre Lot
  • Mountain View
  • Level Lot
  • Hopi Elementary School Rated A
  • No HOA

About This Lot

As of September 2018

BRING ALL OFFERS!!!! LAST LOT LEFT IN DRIFTWOOD LANE! Views of Camelback Mountain and a prime location! There isn't another opportunity at this price in Arcadia Proper! Lot is cleared and ready to build. Don't miss out on this opportunity!

Last Agent to Sell the Property

Jennifer Kourouglos

Compass License #SA640623000 Listed on: 09/25/2018

Compass

Co-Listed By

Samantha Moore

Compass License #SA652210000

Last Buyer's Agent

Thomas Mccormack

RETSY License #SA643629000

RETSY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,956

Lot Details

  • 0.51 Acre Lot
  • Level Lot
  • Property is zoned R-35

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Driftwood Lane Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 128-12-063

Property Details

Property Type

Land

Est. Annual Taxes

$11,956

Lot Details

0

Listing Details

  • Cross Street: 54th Street & Lafayette
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: Level
  • Zoning: R-35
  • Tax Year: 2017
  • Directions: From Camelback, South on 54th Street, Right on Lafayette, Lot is located on the south side of the street.
  • Lot Size Acres: 0.51
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: DRIFTWOOD LANE
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: Other (See Rmks)
  • Other Structures: None

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: contact agent
  • Lot Size Sq Ft: 22022.0
  • Additional Parcels: No
  • Parcel #: 128-12-063
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11956.0
  • Tax Book Number: 128.00
  • Tax Lot: 2
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
Sep 20, 2018
Sold by
Arcadia Hood Llc
Bought by
Russo Todd and Russo Amanda
Seller's Agent
Jennifer Kourouglos
Compass
Buyer's Agent
Thomas Mccormack
RETSY
List Price
$980,000
Sold Price
$916,000
Premium/Discount to List
-$64,000
-6.53%
Current Estimated Value
$4,535,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,619,875
Avg. Annual Appreciation
27.84%
Original Mortgage
$595,400
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Russo Todd $916,000 Premier Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Todd $1,420,000
Closed Russo Living Trust $1,427,600
Closed Russo Todd $595,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $916,000 -5.1% --
09/25/2018 09/25/18 Price Changed $965,000 0.0% --
08/24/2018 08/24/18 Pending -- -- --
08/16/2018 08/16/18 Price Changed $965,000 -1.5% --
07/13/2018 07/13/18 For Sale $980,000 -- --
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 $14,095 $179,335 -- --
2024 $13,812 $170,796 -- --
2023 $13,812 $299,860 $59,970 $239,890
2022 $13,247 $221,100 $44,220 $176,880
2021 $13,730 $216,970 $43,390 $173,580
2020 $5,958 $88,420 $17,680 $70,740
2019 $6,837 $83,775 $83,775 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jennifer Kourouglos

    Compass

    (480) 776-1555

    34 in this area

    116 Total Sales

    Jennifer Kourouglos
    Section Image
  • Samantha Moore

    Seller Co-Listing Agent in 2018

    Samantha Moore

    Compass

    (480) 263-0992

    39 in this area

    107 Total Sales

    Samantha Moore
    Section Image

  • T

    Buyer's Agent in 2018

    Thomas Mccormack

    RETSY

    (480) 216-8664

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5793134

Arizona Regional Multiple Listing Service (ARMLS)

APN: 128-12-063

Arizona Maricopa County Phoenix 85018 Camelback East Village

4120 N 53rd Place Unit 2, Phoenix, AZ

This home is located at 4120 N 53rd Place Unit 2, Phoenix, AZ 85018 since 25 September 2018 and is currently estimated at $4,535,875. 4120 N 53rd Place Unit 2 is a home located in Maricopa County with nearby schools including Hopi Elementary School, Ingleside Middle School, and Arcadia 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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