NOT LISTED FOR SALE

Estimated Value: $4,684,000 - $5,044,000

0.71 Acre
$6,822,249 Price per Acre
30,928 Sq Ft Lot

Last Sold October 02, 2020

Last sale price $1,230,000

Est. 294% increase in value since last sale

Current estimated payment $27,858/month

415 Days on Market

Highlights

  • 0.71 Acre Lot
  • Mountain View
  • Cul-De-Sac
  • Hopi Elementary School Rated A
  • No HOA
  • Level Lot

About This Lot

As of October 2020

Fantastic opportunity to create the ultimate Arcadia home located on a cul-de-sac with gorgeous views of Camelback Mountain. The Seller has lived in the home since it was built in 1973 and the property is ready for the next chapter. This prime lot is .71 of an acre and is surrounded by new and remodeled homes, making this a perfect location for kids to grow up on a protected, quiet street that is close to everything! This is perfect for the true Arcadia Buyer looking to create their dream home at a Dream location!

Last Listed By

Jim Schaller

Schaller Real Estate, LLC License #BR022809000 Listed on: 07/19/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,951

Year Built

  • 2022

Lot Details

  • 0.71 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Level Lot
  • Property is zoned R-35

Schools

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

Additional Features

  • Mountain Views
  • Residence on Property

Community Details

  • No Home Owners Association
  • Royal Terrace Amended Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 172-33-036

Property Details

Property Type

Land

Est. Annual Taxes

$7,951

Year Built

2022

Lot Details

0

Listing Details

  • Cross Street: 54th Street & Exeter
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: Level
  • Zoning: R-35
  • Tax Year: 2018
  • Directions: North on 54th Street to Mariposa. West on Mariposa to 3rd house on the right towards the end of the cul-de-sac.
  • Lot Size Acres: 0.71
  • Road Surface Type: Asphalt
  • Subdivision Name: ROYAL TERRACE AMENDED
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Lot Features: Cul-De-Sac, Mountain View(s)
  • Disclosures: None
  • Other Structures: Residence

Utilities

  • Electric: APS
  • 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: irr
  • Lot Size Sq Ft: 30727.0
  • Additional Parcels: No
  • Parcel #: 172-33-036
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7951.28
  • Tax Book Number: 172.00
  • Tax Lot: 7
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2024
Sold by
Shugrue Mark and Shugrue Lisa
Bought by
Shugrue Lisa M and Shugrue Mark S
Total Days on Market
415
Current Estimated Value
$4,843,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,982,774
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$2,918,434

Purchase Details

Closed on
Apr 8, 2024
Sold by
Dies Joseph and Dies Lindsey
Bought by
Shugrue Mark and Shugrue Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,982,774
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$2,918,434

Purchase Details

Closed on
Jan 29, 2024
Sold by
4431 N 53Rd Street Llc
Bought by
Dies Joseph and Dies Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,450,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2022
Sold by
Dies Joseph Hubay and Lindsey Anne
Bought by
4431 N 53Rd Street Llc

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
Interest Rate
7.08%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 19, 2019
Closed on
Sep 29, 2020
Sold by
Marley Cindy Sue and Bourdo Pamela Ann
Bought by
Dies Joseph Hubay and Dies Lindsey Anne
Seller's Agent
Jim Schaller
Schaller Real Estate, LLC
Buyer's Agent
Kristina Spellman
Walt Danley Local Luxury Christie's International Real Estate
List Price
$1,495,000
Sold Price
$1,230,000
Premium/Discount to List
-$265,000
-17.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.97%
Original Mortgage
$2,050,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2004
Sold by
Blizzard Darlene F
Bought by
Blizzard Darlene F and Darlene F Blizzard Revocable Living Trus

Purchase Details

Closed on
Feb 21, 2001
Sold by
Blizzard Darlene F
Bought by
Blizzard Darlene F and Darlene F Blizzard Revocable Living Tr

Purchase Details

Closed on
Mar 20, 2000
Sold by
Blizzard Thoburn E
Bought by
Blizzard Darlene F

Range of Values:

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Average Value
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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
Shugrue Lisa M -- Clear Title Agency Of Arizona
Shugrue Mark $4,822,335 Clear Title Agency Of Arizona
Dies Joseph -- Wfg National Title Insurance C
4431 N 53Rd Street Llc -- --
Dies Joseph Hubay $1,230,000 Security Title Agency Inc
Blizzard Darlene F -- --
Blizzard Darlene F -- --
Blizzard Darlene F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shugrue Lisa M $2,000,000
Previous Owner Dies Joseph $3,450,000
Previous Owner 4431 N 53Rd Street Llc $2,950,000
Previous Owner Dies Joseph Hubay $375,000
Previous Owner Dies Joseph Hubay $2,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $1,230,000 -13.7% --
08/28/2020 08/28/20 Pending -- -- --
07/28/2020 07/28/20 Price Changed $1,425,000 -1.7% --
01/19/2020 01/19/20 Price Changed $1,450,000 -3.0% --
07/10/2019 07/10/19 For Sale $1,495,000 -- --
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 $12,053 $160,983 -- --
2024 $6,257 $162,899 -- --
2023 $6,257 $129,280 $25,850 $103,430
2022 $8,447 $114,310 $22,860 $91,450
2021 $8,777 $111,630 $22,320 $89,310
2020 $9,238 $101,170 $20,230 $80,940
2019 $8,293 $100,170 $20,030 $80,140
2018 $7,951 $93,600 $18,720 $74,880
2017 $7,616 $95,980 $19,190 $76,790
2016 $7,404 $87,160 $17,430 $69,730
2015 $6,737 $82,400 $16,480 $65,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5954311

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-33-036