NOT LISTED FOR SALE

Estimated Value: $6,205,000 - $8,653,000

1.64 Acres
$4,529,878 Price per Acre
71,438 Sq Ft Lot

Last Sold January 31, 2018

Last sale price $1,825,000

Est. 307% increase in value since last sale

Current estimated payment $43,212/month

95 Days on Market

Highlights

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

About This Lot

As of January 2018

This is an exceptional opportunity to own the best lots available in Arcadia. It's just under two acres, located on the most prestigious street in the neighborhood, and surrounded my multi million dollar estates. This massive property has lush manicure lawns and outstanding mountain views, and the sky is the limit on what can be built on this extraordinary parcel!

Last Agent to Sell the Property

Robert Joffe

Compass License #BR029057000 Listed on: 10/10/2017

Compass

Co-Listed By

Bob Bullock

Compass License #SA648623000

Last Buyer's Agent

Robert Joffe

ARJ Investments LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,190

Lot Details

  • 1.64 Acre Lot
  • Block Wall Fence

Schools

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

Additional Features

  • Mountain Views
  • Residence on Property

Community Details

  • No Home Owners Association
  • Arcadia Manors Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 172-30-015-A

Property Details

Property Type

Land

Est. Annual Taxes

$19,190

Lot Details

0

Listing Details

  • Cross Street: Jokake and Camelback Road
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: Single Family
  • Tax Year: 2016
  • Directions: From Camelback Road go south on Arcadia Lane to home on the east side of street.
  • Lot Size Acres: 1.64
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: ARCADIA MANORS
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Lot Features: Mountain View(s)
  • 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
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: Regular
  • Lot Size Sq Ft: 71343.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 172-30-015-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19190.0
  • Tax Book Number: 172.00
  • Tax Lot: 15
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Britt Family Trust and Britt Edward H
Bought by
4415 N Arcadia Lane Llc
Current Estimated Value
$7,429,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,700,000
Outstanding Balance
$7,628,013
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
-$199,013

Purchase Details

Closed on
Nov 25, 2024
Sold by
Brown Family Trust and Brown Shon W
Bought by
Britt Family Trust and Britt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,700,000
Outstanding Balance
$7,628,013
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
-$199,013

Purchase Details

Closed on
Oct 18, 2024
Sold by
Cp Hft Development 4 Llc
Bought by
Brown Family Trust and Brown

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,700,000
Outstanding Balance
$7,628,013
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
-$199,013

Purchase Details

Listed on
Oct 10, 2017
Closed on
Jan 24, 2018
Sold by
Mcloone Mark E and Mcloone Nanette D
Bought by
Cp Hft Development 4 Llc
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Robert Joffe
Compass
List Price
$1,995,000
Sold Price
$1,825,000
Premium/Discount to List
-$170,000
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.08%

Purchase Details

Closed on
Oct 19, 1998
Sold by
Colaric Anna J and Renaud Anna J
Bought by
Mcloone Mark E and Mcloone Nanette D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 1994
Sold by
Ross Lance C and Ross Norman Jack
Bought by
Renaud Anna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
8.83%
Mortgage Type
New Conventional
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
4415 N Arcadia Lane Llc -- --
4415 N Arcadia Lane Llc -- --
Britt Family Trust $14,000,000 Wfg National Title Insurance C
Brown Family Trust $8,505,998 None Listed On Document
Cp Hft Development 4 Llc $1,825,000 Premier Title Agency
Mcloone Mark E -- Security Title Agency
Mcloone Mark E $925,000 Security Title Agency
Renaud Anna J $362,500 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Britt Family Trust $7,700,000
Previous Owner Mcloone Mark E $550,000
Previous Owner Renaud Anna J $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $1,825,000 -8.5% --
01/13/2018 01/13/18 Pending -- -- --
10/10/2017 10/10/17 For Sale $1,995,000 -- --
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 $45,898 $583,970 -- --
2024 $44,975 $556,162 -- --
2023 $44,975 $929,260 $185,850 $743,410
2022 $19,156 $334,360 $66,870 $267,490
2021 $16,522 $258,795 $258,795 $0
2020 $16,278 $255,780 $255,780 $0
2019 $15,669 $264,000 $264,000 $0
2018 $20,585 $209,530 $41,900 $167,630
2017 $19,713 $221,630 $44,320 $177,310
2016 $19,190 $205,200 $41,040 $164,160
2015 $17,541 $197,420 $39,480 $157,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5671942

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-30-015A