$710,000
SOLD APR 15, 2013

4601 N Royal Palm Cir Unit 3 Phoenix, AZ 85018

Camelback East Village Neighborhood
0.86 Acre
$825,581 Price per Acre
37,462 Sq Ft Lot

Recently Sold

13% Below List Price

231 Days on Market

Highlights

  • City Lights View
  • 0.86 Acre Lot
  • Cul-De-Sac
  • Hopi Elementary School Rated A
  • No HOA

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: 07/24/2012

Compass

Co-Listed By

Christopher Ritchie

Compass License #SA581815000

Last Buyer's Agent

Kyle Wyloge

Momentum Brokers LLC License #SA573615000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,630

Lot Details

  • 0.86 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

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

$4,630

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: RES
  • Tax Year: 2011
  • Directions: East on Camelback Road from Arcadia Drive to Royal Palm
  • Lot Size Acres: 0.86
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: ROYAL PALM CIRCLE
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Lot Features: Cul-De-Sac, City Light View(s), Mountain View(s), North/South Exp
  • 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: 4630.0
  • 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
$7,082,000

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
$4,203,385

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
21.34%

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,250,000 Premier Title Agency
Special Warranty Deed -- None Available
Warranty Deed -- Magnus Title Agency Llc
Warranty Deed $2,935,000 Metropolitan Title Agency
Cash Sale Deed $772,000 Asset Title
Warranty Deed $710,000 Magnus Title Agency
Cash Sale Deed $899,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,159,000 New Conventional
Previous Owner $2,465,330 Future Advance Clause Open End Mortgage
Previous Owner $2,145,000 Purchase Money Mortgage
Previous Owner $0 Unknown
Previous Owner $1,530,000 Construction
Previous Owner $568,000 Purchase Money Mortgage
Previous Owner $900,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
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

    168 in this area

    271 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

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4793297

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 and is currently priced at $710,000. 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

Nearby Homes