NOT LISTED FOR SALE

4140 N 53rd Place Unit 1 Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $4,948,000 - $5,718,000

0.59 Acre
$9,044,378 Price per Acre
25,700 Sq Ft Lot

Last Sold June 01, 2018

Last sale price $980,000

Est. 445% increase in value since last sale

Current estimated payment $30,804/month

105 Days on Market

Highlights

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

About This Lot

As of June 2018

PRICED TO SELL! An incredible new build opportunity in the heart of Arcadia! Views of Camelback Mountain and a prime location! Uptown construction has multiple floorpans and designs to choose from or start completely from scratch to make a showpiece of your own. Lot is cleared and ready to build. Adjoining lots to the North also available for purchase. Don't miss out on this opportunity! ***Buyer must deposit additional $150k non refundable deposit to be applied towards construction with Uptown Construction***

Last Agent to Sell the Property

Jennifer Kourouglos

Compass License #SA640623000 Listed on: 01/23/2018

Compass

Co-Listed By

Samantha Moore

Compass License #SA652210000

Last Buyer's Agent

Robin Orscheln

Compass License #SA542839000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,450

Lot Details

  • 0.59 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 1
  • Assessor Parcel Number 128-12-062

Property Details

Property Type

Land

Est. Annual Taxes

$9,450

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: 0.59
  • 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: 25564.0
  • Additional Parcels: No
  • Parcel #: 128-12-062
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9450.0
  • Tax Book Number: 128.00
  • Tax Lot: 1
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Carson William George and Carson Brittany Mar
Bought by
Granger Beau and Hadley Macenzie
Current Estimated Value
$5,336,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,950,000
Outstanding Balance
$2,810,257
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$2,585,051

Purchase Details

Listed on
Jan 23, 2018
Closed on
May 30, 2018
Sold by
Driftwood Homes Llc
Bought by
Maran Carson Iii William George and Maran Carson Brittany
Seller's Agent
Jennifer Kourouglos
Compass
Buyer's Agent
Robin Orscheln
Compass
List Price
$1,500,000
Sold Price
$980,000
Premium/Discount to List
-$520,000
-34.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.29%
Original Mortgage
$1,672,000
Interest Rate
4.4%
Mortgage Type
Construction
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
Granger Beau $4,950,000 Wfg National Title Insurance C
Maran Carson Iii William George $980,000 Grand Canyon Title Agency
Driftwood Homes Llc $2,020,000 Grand Canyon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Granger Beau $2,950,000
Previous Owner Carson William George $1,651,950
Previous Owner Carson William George $1,672,000
Previous Owner Maran Carson Iii William George $1,672,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $980,000 -2.0% --
05/08/2018 05/08/18 Pending -- -- --
04/08/2018 04/08/18 Price Changed $999,995 -20.0% --
03/20/2018 03/20/18 Price Changed $1,250,000 -7.4% --
02/15/2018 02/15/18 Price Changed $1,350,000 -10.0% --
01/23/2018 01/23/18 For Sale $1,500,000 -- --
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 $12,925 $164,448 -- --
2024 $12,665 $156,617 -- --
2023 $12,665 $306,300 $61,260 $245,040
2022 $12,147 $233,430 $46,680 $186,750
2021 $12,590 $227,530 $45,500 $182,030
2020 $12,404 $184,070 $36,810 $147,260
2019 $7,455 $90,030 $90,030 $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

    115 Total Sales

    Jennifer Kourouglos
    Section Image
  • Samantha Moore

    Seller Co-Listing Agent in 2018

    Samantha Moore

    Compass

    (480) 263-0992

    39 in this area

    106 Total Sales

    Samantha Moore
    Section Image
  • Robin Orscheln

    Buyer's Agent in 2018

    Robin Orscheln

    Compass

    (602) 380-8735

    78 in this area

    201 Total Sales

    Robin Orscheln
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5712882

Arizona Regional Multiple Listing Service (ARMLS)

APN: 128-12-062

Arizona Maricopa County Phoenix 85018 Camelback East Village

4140 N 53rd Place Unit 1, Phoenix, AZ

This home is located at 4140 N 53rd Place Unit 1, Phoenix, AZ 85018 since 23 January 2018 and is currently estimated at $5,336,183. 4140 N 53rd Place Unit 1 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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