NOT LISTED FOR SALE

Estimated Value: $3,208,000 - $3,988,817

0.45 Acre
$7,972,676 Price per Acre
19,602 Sq Ft Lot

Last Sold May 14, 2020

Last sale price $640,000

Est. 461% increase in value since last sale

Current estimated payment $19,901/month

45 Days on Market

Highlights

  • 0.45 Acre Lot
  • Mountain View
  • 3-minute walk to Lafayette Park
  • Hopi Elementary School Rated A
  • No HOA

About This Lot

As of May 2020

Location! Location! Location! Rare Opportunity!!! Near 1/2 acre lot located in highly desired Arcadia/Scottsdale area! THIS UNIQUE LOT IS 165
feet DEEP with Room for a GREAT YARD!!! SHORT walking distance to Old Town, Scottsdale Fashion Mall, Restaurants, nightlife and Scottsdale Waterfront
Shopping! Utilities on property. Ready to build a luxury custom home of your dreams!! Plans have already been drawn up, all you need is to get permits.

Last Agent to Sell the Property

Matthew Smithlin

HomeSmart License #SA566080000 Listed on: 12/29/2019

HomeSmart

Last Buyer's Agent

Larissa Hoss

Compass License #SA670946000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,697

Lot Details

  • 0.45 Acre Lot
  • Block Wall Fence
  • Property is zoned R1-18

Property Views

  • Mountain Views

Schools

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

Community Details

  • No Home Owners Association
  • Lombardi Estates Blk 4 Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 173-47-001-C

Property Details

Property Type

Land

Est. Annual Taxes

$4,697

Lot Details

0

Listing Details

  • Cross Street: Camelback & 68th St
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R1-18
  • Tax Year: 2019
  • Directions: From Camelback Rd & 68th Street, S on 68th street. Lot on the right side
  • Lot Size Acres: 0.45
  • Subdivision Name: LOMBARDI ESTATES BLK 4
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Lot Features: Mountain View(s)
  • Disclosures: 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: 123x165
  • Lot Size Sq Ft: 19686.0
  • Additional Parcels: No
  • Parcel #: 173-47-001-C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4697.0
  • Tax Book Number: 173.00
  • Tax Lot: 1
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2022
Sold by
Jason Daniels
Bought by
Beethe Michael
Current Estimated Value
$3,587,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,418,750
Outstanding Balance
$2,257,498
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,330,206

Purchase Details

Listed on
Dec 29, 2019
Closed on
May 6, 2020
Sold by
Roach Stephen P
Bought by
Daniels Jason
Seller's Agent
Matthew Smithlin
HomeSmart
Buyer's Agent
Larissa Hoss
Compass
List Price
$675,000
Sold Price
$640,000
Premium/Discount to List
-$35,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.69%
Original Mortgage
$1,631,000
Interest Rate
3.3%
Mortgage Type
Small Business Administration

Purchase Details

Listed on
Aug 14, 2014
Closed on
May 18, 2017
Sold by
Eclipse Properties Llc
Bought by
Roach Stephen P
Seller's Agent
Henry Wang
eXp Realty
Buyer's Agent
Matthew Smithlin
HomeSmart
List Price
$725,000
Sold Price
$487,000
Premium/Discount to List
-$238,000
-32.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%

Purchase Details

Listed on
Nov 8, 2013
Closed on
Feb 26, 2014
Sold by
Land Holdings Investment Co Llc
Bought by
Eclipse Properties Llc
Seller's Agent
Shawna Warner
RETSY
Buyer's Agent
Henry Wang
eXp Realty
List Price
$595,000
Sold Price
$450,000
Premium/Discount to List
-$145,000
-24.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%

Purchase Details

Closed on
Dec 29, 2010
Sold by
Sonoran Desert Holdings Llc
Bought by
Land Holdings Investment Co Llc

Purchase Details

Closed on
Dec 10, 2010
Sold by
Blandford Evan J
Bought by
Sonoran Desert Holdings Llc

Purchase Details

Closed on
Jan 28, 2004
Sold by
Blandford Kimberly
Bought by
Blandford Evan J
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
Beethe Michael $3,225,000 Magnus Title
Daniels Jason $640,000 Magnus Title Agency
Roach Stephen P $487,000 Millennium Title Agency Llc
Eclipse Properties Llc $450,000 Old Republic Title Agency
Land Holdings Investment Co Llc -- None Available
Sonoran Desert Holdings Llc -- None Available
Blandford Evan J -- First American Title Ins Co
Blandford Evan J $340,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beethe Michael $2,418,750
Previous Owner Daniels Jason $1,631,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2020 05/14/20 Sold $640,000 -5.2% --
02/11/2020 02/11/20 Pending -- -- --
12/28/2019 12/28/19 For Sale $675,000 +38.6% --
05/31/2017 05/31/17 Sold $487,000 -32.8% --
05/08/2017 05/08/17 Pending -- -- --
08/13/2014 08/13/14 For Sale $725,000 +61.1% --
03/06/2014 03/06/14 Sold $450,000 -24.4% --
02/08/2014 02/08/14 Pending -- -- --
11/06/2013 11/06/13 For Sale $595,000 -- --
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 $10,544 $164,710 -- --
2024 $10,416 $151,363 -- --
2023 $10,416 $262,100 $52,420 $209,680
2022 $4,700 $95,510 $19,100 $76,410
2021 $4,910 $105,045 $105,045 $0
2020 $4,867 $98,565 $98,565 $0
2019 $4,697 $79,350 $79,350 $0
2018 $4,548 $101,145 $101,145 $0
2017 $4,356 $67,320 $67,320 $0
2016 $4,271 $75,420 $75,420 $0
2015 $4,336 $72,080 $72,080 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6017804

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-47-001C