NOT LISTED FOR SALE

4616 N 62nd Place Unit 18 Scottsdale, AZ 85251

Camelback East Village Neighborhood

Estimated Value: $3,844,000 - $6,226,000

0.87 Acre
$6,031,703 Price per Acre
37,897 Sq Ft Lot

Last Sold November 11, 2015

Last sale price $850,000

Est. 517% increase in value since last sale

Current estimated payment $28,721/month

75 Days on Market

Highlights

  • Golf Course Community
  • 0.87 Acre Lot
  • No HOA
  • Hopi Elementary School Rated A
  • Mountain View

About This Lot

As of November 2015

Hard to find Phoenician Golf Course lot in Arcadia School district. Flat lot on the 9th green of the Phoenician Resort Canyon Golf Course with stunning views of Camelback Mountain. Had a previous home in place so all utilities are in the street and ready to go. Best of all it lies within the boundaries of Hopi Elementary- Ingleside Middle School & Arcadia High School. Plans available to build approx. an 11,880 sq.ft. home. Scottsdale address but city of Phoenix boundaries for building permits.

Last Agent to Sell the Property

Cheryl Marcum

Russ Lyon Sotheby's International Realty License #BR556569000 Listed on: 08/14/2015

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Tarun Chopra

1st Dream Realty License #SA655749000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,599

Lot Details

  • 0.87

Schools

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

Additional Features

  • 0.87 Acre Lot
  • Mountain Views

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 172-27-019

Community Details

Overview

  • No Home Owners Association
  • Camelback East Subdivision

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,599

Lot Details

0

Listing Details

  • Cross Street: Camelback & 64th (Invergordon)
  • Property Type: Land
  • Development Status: Raw Land, Plans Available
  • Zoning: residential
  • Tax Year: 2014
  • Directions: From Camelback go north on 64th St. to Alta Hacienda, West to 62nd Place, North to property on west side.
  • Lot Size Acres: 0.87
  • Road Surface Type: Asphalt
  • Subdivision Name: CAMELBACK EAST
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Golf Course Lot, Mountain View(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • 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 shape
  • Lot Size Sq Ft: 37923.0
  • Additional Parcels: No
  • Parcel #: 172-27-019
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6599.0
  • Tax Book Number: 172.00
  • Tax Lot: 18
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2015
Closed on
Nov 3, 2015
Sold by
Ambauen David J and Ambauen Jana L
Bought by
The Kailash & Varsha Somani Living Trust
Seller's Agent
Cheryl Marcum
Russ Lyon Sotheby's International Realty
Buyer's Agent
Tarun Chopra
1st Dream Realty
List Price
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%
Current Estimated Value
$5,247,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,397,582
Avg. Annual Appreciation
20.05%

Purchase Details

Listed on
Jul 20, 2012
Closed on
May 14, 2013
Sold by
Lytle L Ben
Bought by
Ambauen David J and Ambauen Jana L
Seller's Agent
Gary Craig
Russ Lyon Sotheby's International Realty
Buyer's Agent
Cheryl Marcum
Russ Lyon Sotheby's International Realty
List Price
$850,000
Sold Price
$730,000
Premium/Discount to List
-$120,000
-14.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Jul 5, 2012
Sold by
Lytle Hugh Harris and Lytle Barbara
Bought by
Lytle L Ben and Third Amendment To The L Ben L

Purchase Details

Closed on
Mar 8, 2007
Sold by
Calvis Wyant Homes 6 Llc
Bought by
Lytle Hugh H and Lytle Barbara A

Purchase Details

Closed on
Jan 22, 2007
Sold by
Lytle Hugh and Lytle Barbara
Bought by
Lytle Hugh and Lytle Barbara

Purchase Details

Closed on
Jul 9, 2005
Sold by
Damore David A and Damore Elizabeth A
Bought by
Calvis Wyant 6 Llc

Purchase Details

Closed on
Aug 2, 1995
Sold by
Shumate Darline A and The Shumate Family Trust
Bought by
Damore David A and Damore Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.61%
Mortgage Type
Seller Take Back
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
The Kailash & Varsha Somani Living Trust $850,000 Equity Title Agency Inc
Ambauen David J $730,000 Equity Title Agency Inc
Lytle L Ben $650,000 None Available
Lytle Hugh H $1,495,000 The Talon Group Desert Ridge
Lytle Hugh -- None Available
Calvis Wyant 6 Llc $1,050,000 First American Title Ins Co
Damore David A $369,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Damore David A $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/11/2015 11/11/15 Sold $850,000 -10.5% --
10/28/2015 10/28/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $950,000 +30.1% --
05/24/2013 05/24/13 Sold $730,000 -14.1% -- View Prior Sale
04/28/2013 04/28/13 Pending -- -- --
07/12/2012 07/12/12 For Sale $850,000 -- --
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 $15,046 $182,823 -- --
2024 $14,080 $174,118 -- --
2023 $14,080 $314,810 $62,960 $251,850
2022 $13,505 $220,850 $44,170 $176,680
2021 $13,997 $207,760 $41,550 $166,210
2020 $13,790 $175,230 $35,040 $140,190
2019 $13,274 $189,480 $37,890 $151,590
2018 $7,489 $101,760 $101,760 $0
2017 $7,195 $97,155 $97,155 $0
2016 $7,010 $93,720 $93,720 $0
2015 $6,854 $86,224 $86,224 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cheryl Marcum

    Russ Lyon Sotheby's International Realty

    Section Image

  • T

    Buyer's Agent in 2015

    Tarun Chopra

    1st Dream Realty

    (602) 743-2111

    35 Total Sales

    Tarun Chopra
    Section Image

  • G

    Seller's Agent in 2013

    Gary Craig

    Russ Lyon Sotheby's International Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5320974

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-27-019

Arizona Maricopa County Scottsdale 85251 Camelback East Village

4616 N 62nd Place Unit 18, Scottsdale, AZ

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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