NOT LISTED FOR SALE

4601 N Royal Palm Cir Unit 3 Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $6,925,000 - $7,100,872

0.86 Acre
$8,150,338 Price per Acre
37,462 Sq Ft Lot

Last Sold February 03, 2014

Last sale price $767,000

Est. 814% increase in value since last sale

Current estimated payment $40,663/month

17 Days on Market

About This Lot

As of February 2014

This is an amazing opportunity in the heart of Arcadia! As one of the last vacant lots available in the neighborhood, this is an extraordinary 37,000 square foot space with spectacular mountain views. Priced to sell, it's the perfect time to build your dream home before building costs begin to rise again! Call today for more information.

Last Agent to Sell the Property

Robert Joffe

Compass License #BR029057000 Listed on: 11/15/2013

Compass

Last Buyer's Agent

Robert Joffe

ARJ Investments LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,963

Lot Details

  • 0.86 Acre Lot
  • Block Wall Fence
  • Property is zoned SF Residential

Schools

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

Community Details

  • No Home Owners Association
  • Royal Palm Circle Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 172-21-010

Property Details

Property Type

Land

Est. Annual Taxes

$5,963

Lot Details

0

Listing Details

  • Cross Street: Arcadia Drive and Camelback Road
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land, Plans Available
  • Zoning: SF Residential
  • Tax Year: 2013
  • Directions: East on Camelback Road from Arcadia Drive to Royal Palm.
  • Lot Size Acres: 0.86
  • Road Surface Type: Asphalt
  • Subdivision Name: Royal Palm Circle
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: 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
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 37377.0
  • Additional Parcels: No
  • Parcel #: 172-21-010
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5962.88
  • Tax Book Number: 172.00
  • Tax Lot: 3
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Perrin Matthew E and Perrin Andrea E
Bought by
Price Andrew and Price Cynthia
Current Estimated Value
$7,009,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,159,000
Outstanding Balance
$2,878,615
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$3,991,623

Purchase Details

Closed on
Jan 29, 2021
Sold by
Rrp Real Estate Llc
Bought by
Perrin Matthew E and Perrin Andrea E

Purchase Details

Closed on
Nov 21, 2019
Sold by
Monarch Capital Holdings Llc
Bought by
Rrp Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,465,330
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 6, 2015
Sold by
Exeter Enterprises Lllp
Bought by
Monarch Capital Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,145,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 15, 2013
Closed on
Jan 31, 2014
Sold by
Lcp Equity Partners Az Llc
Bought by
Exeter Enterprises Lllp
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Robert Joffe
Compass
List Price
$799,000
Sold Price
$767,000
Premium/Discount to List
-$32,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.21%

Purchase Details

Listed on
Jul 24, 2012
Closed on
Apr 9, 2013
Sold by
Swannie Daniel S
Bought by
Lcp Equity Partners Az Llc
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Kyle Wyloge
Momentum Brokers LLC
List Price
$815,000
Sold Price
$710,000
Premium/Discount to List
-$105,000
-12.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$568,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2008
Sold by
Tormey Edward N and Tormey Joy J
Bought by
Swannie Daniel S
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
Price Andrew $5,250,000 Premier Title Agency
Perrin Matthew E -- None Available
Rrp Real Estate Llc -- Magnus Title Agency Llc
Monarch Capital Holdings Llc $2,935,000 Metropolitan Title Agency
Exeter Enterprises Lllp $772,000 Asset Title
Lcp Equity Partners Az Llc $710,000 Magnus Title Agency
Swannie Daniel S $899,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Andrew $3,159,000
Previous Owner Rrp Real Estate Llc $2,465,330
Previous Owner Monarch Capital Holdings Llc $2,145,000
Previous Owner Exeter Enterprises Lllp $0
Previous Owner Exeter Enterprises Lllp $1,530,000
Previous Owner Lcp Equity Partners Az Llc $568,000
Previous Owner Swannie Daniel S $900,000
Previous Owner Tormey Edward N $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2014 02/03/14 Sold $767,000 -4.0% --
12/02/2013 12/02/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $799,000 +12.5% --
04/15/2013 04/15/13 Sold $710,000 -12.9% --
03/12/2013 03/12/13 Pending -- -- --
07/24/2012 07/24/12 For Sale $815,000 -- --
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 $21,193 $277,284 -- --
2024 $20,756 $264,080 -- --
2023 $20,756 $406,160 $81,230 $324,930
2022 $19,882 $320,410 $64,080 $256,330
2021 $20,629 $320,170 $64,030 $256,140
2020 $20,315 $284,660 $56,930 $227,730
2019 $19,532 $287,380 $57,470 $229,910
2018 $16,409 $239,750 $47,950 $191,800
2017 $15,742 $243,400 $48,680 $194,720
2016 $15,321 $206,630 $41,320 $165,310
2015 $6,219 $108,624 $108,624 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Joffe

    Seller's Agent in 2014

    Robert Joffe

    Compass

    (602) 989-8300

    173 in this area

    275 Total Sales

    Robert Joffe
    Section Image

  • C

    Seller Co-Listing Agent in 2013

    Christopher Ritchie

    Compass

  • K

    Buyer's Agent in 2013

    Kyle Wyloge

    Momentum Brokers LLC

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5031038

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-21-010

Arizona Maricopa County Phoenix 85018 Camelback East Village

4601 N Royal Palm Cir Unit 3, Phoenix, AZ

This home is located at 4601 N Royal Palm Cir Unit 3, Phoenix, AZ 85018 since 15 November 2013 and is currently estimated at $7,009,291. 4601 N Royal Palm Cir Unit 3 is a home located in Maricopa County with nearby schools including Hopi Elementary School, Ingleside Middle School, and Arcadia 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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