NOT LISTED FOR SALE

4521 E Indian Bend Rd Unit 18 Paradise Valley, AZ 85253

Estimated Value: $1,639,000 - $3,113,000

0.78 Acre
$2,988,035 Price per Acre
33,977 Sq Ft Lot

Last Sold February 01, 2012

Last sale price $425,000 $12 Per Sq Ft

Est. 479% increase in value since last sale

Current estimated payment $13,354/month

1,065 Days on Market

Highlights

  • Mountain View
  • Rectangular Lot
  • Wood Fence
  • Kiva Elementary School Rated A

About This Lot

As of February 2012

Price Reduction on this very, very quiet and private property that has a ''zen like'' quality and views of Camelback Mountain and the Phoenix Mountain Preserve. The property has a relaxing backyard with mature landscaping and a view of the ''Camel''. Small vacant house needs to be removed. Topographical survey available.

Last Agent to Sell the Property

Joan Levinson

Realty ONE Group License #SA020825000 Listed on: 02/16/2009

Last Buyer's Agent

Rod Mohan

LPT Realty, LLC License #BR546279000

LPT Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,429

Lot Details

  • 0.78 Acre Lot
  • Wood Fence
  • Rectangular Lot
  • Level Lot

Interior Spaces

  • 34,095 Sq Ft Home
  • Mountain Views

Additional Homes

  • Residence on Property

Schools

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

Community Details

  • $4,307 per year Dock Fee

Property Details

Property Type

Land

Est. Annual Taxes

$5,429

Lot Details

0

Listing Details

  • Tax Municipality: Paradise Valley
  • Cross Street: Tatum & Indian Bend
  • Legal Info Lot Number: 18
  • Legal Info Range: 4E
  • Legal Info Section: 7
  • Legal Info Township: 2N
  • Property Type: C
  • Estimated Deeded Fee Acres: 0.78
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 0.78
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 18.00
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Lot
  • Existing Structures: Residence
  • Hundred Block: 7000
  • Land Configuration: Square Rectangular
  • Land Features: Mountain View(s), North/South Exp
  • Legal Description Abbrev: PARADISE HILLS ESTATES
  • Parcel Size: .50 - .99 Acres
  • Price Per Acre: 634615.38
  • Price Per Sq Ft: 14.51
  • Topography: Existing Wash(s), Level
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: residential
  • Map Code Grid: N36
  • Tax Year: 2011
  • Directions: From Tatum to Indian Bend. West to property. Indian Bend stops at 46th St and resumes west l house south of 46th St.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 34095.00

Exterior Features

  • Fencing: Wood
  • Lot Number: 18

Utilities

  • Water: Private Franchise
  • Electric: Aps

Schools

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

Lot Info

  • Lot Size: almost rectangular

Tax Info

  • Taxes: 4307.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2009
Closed on
Jan 18, 2012
Sold by
Melmed Philip
Bought by
Kiviko Roger William and Kiviko Sharon Lee
Seller's Agent
Joan Levinson
Realty ONE Group
Buyer's Agent
Rod Mohan
LPT Realty, LLC
List Price
$850,000
Sold Price
$425,000
Premium/Discount to List
-$425,000
-50%
Current Estimated Value
$2,460,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,035,166
Avg. Annual Appreciation
13.21%

Purchase Details

Closed on
Jul 9, 2003
Sold by
Melmed Philip and Philip Melmed A
Bought by
Melmed Philip and The A Philip Melmed Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 1999
Sold by
Melmed Philip
Bought by
Melmed Philip and The A Philip Melmed Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.77%

Purchase Details

Closed on
Sep 4, 1998
Sold by
Melmed Philip
Bought by
Melmed Philip and The A Philip Melmed Revocable Living Tr
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
Kiviko Roger William $425,000 Greystone Title Agency
Melmed Philip -- Grand Canyon Title Agency In
Melmed Philip -- Grand Canyon Title Agency In
Melmed Philip -- Nations Title Insurance
Melmed Philip -- Nations Title Insurance
Melmed Philip -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melmed Philip $237,000
Previous Owner Melmed Philip $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2012 02/01/12 Sold $425,000 -50.0% $12 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
02/16/2009 02/16/09 For Sale $850,000 -- $25 / Sq Ft
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 $5,429 $98,044 -- --
2024 $5,084 $93,375 -- --
2023 $5,084 $124,800 $24,960 $99,840
2022 $4,853 $93,130 $18,620 $74,510
2021 $5,196 $84,120 $16,820 $67,300
2020 $5,159 $86,900 $17,380 $69,520
2019 $4,960 $77,760 $15,550 $62,210
2018 $4,754 $69,860 $13,970 $55,890
2017 $4,543 $66,360 $13,270 $53,090
2016 $4,476 $72,730 $14,540 $58,190
2015 $4,216 $72,730 $14,540 $58,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4122843

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-15-018