NOT LISTED FOR SALE

4237 E Upper Ridge Way Unit 163 Paradise Valley, AZ 85253

Estimated Value: $1,218,000 - $3,776,000

3.33 Acres
$749,850 Price per Acre
145,055 Sq Ft Lot

Last Sold November 18, 2014

Last sale price $679,000

Est. 268% increase in value since last sale

Current estimated payment $14,267/month

167 Days on Market

Highlights

  • Gated with Attendant
  • City Lights View
  • Hilly Lot
  • Kiva Elementary School Rated A
  • 3.33 Acre Lot

About This Lot

As of November 2014

360 Mountain & City Views!! One of the last Ridgeline Lots in Paradise Valley! 3.33 Acres that had been thru planning & zoning w/approved Vern Swaback Plans (now expired but give you an idea of the development potential) by Clearwater Hills HOA & county. Capture the beauty that this lot has to offer and build a custom home. Expansive Entertaining Area! Views include Camelback, Mummy Mt & McDowell's. Come see this Magnificent Lot & build Your Dream Home in Guard Gated Community in Paradise Valley!!
This is 3.3 acres for 990,000! Lot 160 is 850K at just an acre. This is THE buy of Clearwater Hills!

Last Agent to Sell the Property

Jeff Fisher

My Home Group Real Estate License #SA646572000 Listed on: 02/25/2014

Last Buyer's Agent

Lee Allen

HomeSmart License #SA650509000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,788

Lot Details

  • 3.33 Acre Lot
  • Hilly Lot
  • Property is zoned r1-43

HOA Fees

  • $198 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

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

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 169-13-030-A

Community Details

Overview

  • Clearwater Hills Association, Phone Number (480) 922-9080
  • Clearwater Hills Subdivision

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$7,788

Lot Details

0

HOA Fees

$198 per month

Listing Details

  • Cross Street: Tatum and Clear Water Hills parkway
  • Property Type: Land
  • Development Status: Raw Land, Plans Available
  • Topography: Hillside
  • Zoning: r1-43
  • Tax Year: 2013
  • Directions: Tatum to ClearWater Hills parkway, Turn West to guard gate. Guard will provide map and directions to the property
  • Horses: No
  • Lot Size Acres: 3.33
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: Clearwater Hills
  • Tax Parcel Letter: A
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: City Light View(s), Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: None
  • Water Source: None

Condo/Co-op/Association

  • Annual HOA Fees: 2375.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 480-922-9080
  • HOA Transfer Fee: 100.0
  • Association Fee: 2375.0
  • Association Fee Frequency: Annually
  • Association Name: Clearwater Hills
  • Phone: 480-922-9080
  • Association: Yes

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: irregular
  • Lot Size Sq Ft: 145212.0
  • Additional Parcels: No
  • Parcel #: 169-13-030-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7788.0
  • Tax Book Number: 169.00
  • Tax Lot: 163
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2019
Sold by
Lee Cowley Michael T and Lee Allen F
Bought by
Smt Investors Lp
Current Estimated Value
$2,497,000

Purchase Details

Listed on
Feb 25, 2014
Closed on
Nov 7, 2014
Sold by
Grisebaum Kathleen M
Bought by
Emerson Investments Llc
Seller's Agent
Jeff Fisher
My Home Group Real Estate
Buyer's Agent
Lee Allen
HomeSmart
List Price
$1,100,000
Sold Price
$679,000
Premium/Discount to List
-$421,000
-38.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$600,000
Interest Rate
4.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 18, 2013
Sold by
Grisebaum Kathleen M
Bought by
Grisebaum Kathleen M

Purchase Details

Closed on
Jan 24, 2006
Sold by
Nace Land & Cattle Co Inc
Bought by
Grisebaum James M and Grisebaum Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2006
Sold by
Jls Development Enterprises Inc
Bought by
Nace Land & Cattle Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2005
Sold by
Trojan Richard W and Clorfene Trojan Erica E
Bought by
Jls Development Enterprises Inc

Purchase Details

Closed on
May 31, 2005
Sold by
Trojan Richard W and Clorfene Trojan Erica E
Bought by
Jls Development Enterprises Inc and Trojan Richard W

Purchase Details

Closed on
Jul 28, 2004
Sold by
Weller Linda L
Bought by
Nichols Todd
Source: Public Records

Range of Values:

Collateral Analytics

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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
Smt Investors Lp -- Fidelity National Title Agen
Lee Cowley Michael T -- Fidelity National Title Agen
Emerson Investments Llc $679,000 Stewart Title & Trust Of Pho
Grisebaum Kathleen M -- None Available
Grisebaum James M $2,300,000 First American Title Ins Co
Nace Land & Cattle Co Inc $3,800,000 Title Security Agency Of Az
Jls Development Enterprises Inc -- --
Jls Development Enterprises Inc -- Title Security Agency Of Az
Nichols Todd $2,500,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emerson Investments Llc $600,000
Previous Owner Grisebaum James M $2,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2014 11/18/14 Sold $679,000 -38.3% --
08/09/2014 08/09/14 Pending -- -- --
02/23/2014 02/23/14 For Sale $1,100,000 -- --
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 $9,965 $143,226 $143,226 --
2024 $8,534 $136,406 $136,406 --
2023 $8,534 $163,455 $163,455 $0
2022 $9,109 $139,680 $139,680 $0
2021 $9,697 $140,475 $140,475 $0
2020 $9,262 $131,145 $131,145 $0
2019 $8,804 $150,060 $150,060 $0
2018 $9,129 $139,725 $139,725 $0
2017 $8,465 $121,395 $121,395 $0
2016 $8,144 $120,735 $120,735 $0
2015 $8,562 $120,752 $120,752 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Fisher

    Seller's Agent in 2014

    Jeff Fisher

    My Home Group

    (602) 531-0435

    19 Total Sales

    Jeff Fisher
    Section Image

  • L

    Buyer's Agent in 2014

    Lee Allen

    HomeSmart

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5074948

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-13-030A

Arizona Maricopa County Paradise Valley 85253

4237 E Upper Ridge Way Unit 163, Paradise Valley, AZ

This home is located at 4237 E Upper Ridge Way Unit 163, Paradise Valley, AZ 85253 since 25 February 2014 and is currently estimated at $2,497,000. 4237 E Upper Ridge Way Unit 163 is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro 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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