NOT LISTED FOR SALE

4702 N 56th St Unit 1 Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $1,636,000 - $2,139,000

1.01 Acres
$1,868,812 Price per Acre
43,996 Sq Ft Lot

Last Sold February 25, 2019

Last sale price $700,000

Est. 170% increase in value since last sale

Current estimated payment $10,313/month

185 Days on Market

Highlights

  • City Lights View
  • 1.01 Acre Lot
  • Property is near a preserve or public land
  • Hopi Elementary School Rated A
  • No HOA

About This Lot

As of February 2019

VIEWS in every direction! City Lights - Camelback Mountain - Sunset and Sunrise! These views can be yours on this prestigious one acre plus elevated (non hillside, gently sloped at one end) ''Arcadia Neighborhood Home-Site,'' Located on the south slope of Camelback Mountain, views of downtown Phoenix city lights, sunrise and sunsets, mountain views, close to Old Town and Downtown shops and events. The Old teardown has been removed and Civil Engineer study has been completed. Your dream home can be built here. Seller is offering it as a fantastic usable Lot Sale along with its beautiful natural topography; the Award winning home plans are not included. See Motion Video.

Last Agent to Sell the Property

Barry Van Patten

Russ Lyon Sotheby's International Realty License #SA643393000 Listed on: 02/12/2019

Russ Lyon Sotheby's International Realty

Co-Listed By

Frank Aazami

Compass License #SA581280000

Last Buyer's Agent

Max Harmon

Lanz Realty License #SA674871000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,130

Lot Details

  • 1.01 Acre Lot
  • Property is zoned RE-35

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

  • Hopi Elementary School
  • Ingleside Middle School

Community Details

  • No Home Owners Association
  • The Highlands Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 172-15-001

Property Details

Property Type

Land

Est. Annual Taxes

$3,130

Lot Details

0

Listing Details

  • Cross Street: 56th St. & Camelback Rd.
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land, Plans Available
  • Topography: Existing Wash(s), Gentle Sloping
  • Zoning: RE-35
  • Tax Year: 2017
  • Directions: From Camelback, take 56th St N and property is half way up on the left.
  • Horses: No
  • Lot Size Acres: 1.01
  • Road Surface Type: Dedicated Street
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: The Highlands
  • View:Mountain View(s): Yes
  • View:City Light View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: North/South Exp, Border Common Area, Borders Pres/Pub Lnd
  • View: City Lights, Mountain(s)
  • 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
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: 279 FT X 180 FT
  • Lot Size Sq Ft: 43893.0
  • Additional Parcels: No
  • Parcel #: 172-15-001

Tax Info

  • Tax Annual Amount: 3130.0
  • Tax Book Number: 172.00
  • Tax Lot: 1
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2022
Sold by
Levine Jonathan S
Bought by
Premier Real Estate Funding Llc
Current Estimated Value
$1,887,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,200
Outstanding Balance
$406,574
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$1,480,926

Purchase Details

Closed on
Dec 11, 2020
Sold by
Nm Properties Llc
Bought by
Levine Jonathan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2020
Sold by
Gould Teresa and Gould Scott A
Bought by
Gould Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2020
Sold by
Irene Mcmurray Revocable Trust and Mcmurray Irene
Bought by
Nm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2020
Sold by
Harmon Kirk J
Bought by
Mcmurray Irene

Purchase Details

Listed on
Feb 12, 2019
Closed on
Dec 31, 2018
Sold by
Mcmurray Irene and The Irene Mcmurray Revocable T
Bought by
Harmon Kirk J
Seller's Agent
Barry Van Patten
Russ Lyon Sotheby's International Realty
Buyer's Agent
Max Harmon
Lanz Realty
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.22%
Original Mortgage
$575,000
Interest Rate
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 13, 2013
Sold by
Mcmuray Scott and Mcmurray Irene
Bought by
Mcmurray Irene and The Irene Mcmurray Revocable T

Purchase Details

Closed on
Jan 7, 2013
Sold by
Douglas William
Bought by
Mcmurray Scott and Mcmurray Irene

Purchase Details

Closed on
Sep 21, 2012
Sold by
Douglas Jill M
Bought by
Douglas William

Purchase Details

Closed on
Jan 27, 2004
Sold by
Salvo Joseph P and Salvo Joan H
Bought by
Faussane Raymond and Faussane Mona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 1998
Sold by
Salvo Joseph P and Salvo Joan H
Bought by
Hynes Salvo Joseph P and Hynes Salvo Joan
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
Premier Real Estate Funding Llc $1,450,000 American Title Services
Levine Jonathan S -- Accommodation
Gould Scott A -- American Title Svc Agcy Llc
Nm Properties Llc $750,000 American Title Company
Mcmurray Irene -- Chicago Title Agency
Harmon Kirk J $675,000 First American Title Insuran
Mcmurray Irene -- None Available
Mcmurray Scott $521,000 Great American Title Agency
Douglas William -- Great American Title Agency
Douglas William $373,500 Great American Title Agency
Faussane Raymond $675,000 Security Title Agency
Hynes Salvo Joseph P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nm Properties Llc $1,250,000
Previous Owner Harmon Kirk J $575,000
Previous Owner Faussane Raymond $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2019 02/25/19 Sold $700,000 -12.4% --
02/12/2019 02/12/19 For Sale $799,000 0.0% --
02/12/2019 02/12/19 Price Changed $799,000 0.0% --
01/02/2019 01/02/19 Pending -- -- --
07/01/2018 07/01/18 For Sale $799,000 -- --
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 $3,667 $46,656 $46,656 --
2024 $3,593 $44,434 $44,434 --
2023 $3,593 $134,775 $134,775 $0
2022 $3,446 $106,245 $106,245 $0
2021 $3,572 $103,560 $103,560 $0
2020 $3,519 $103,320 $103,320 $0
2019 $3,387 $101,595 $101,595 $0
2018 $3,257 $54,510 $54,510 $0
2017 $3,130 $44,415 $44,415 $0
2016 $3,049 $44,940 $44,940 $0
2015 $2,981 $40,736 $40,736 $0
Source: Public Records

Agents Affiliated with this Home

  • Barry Van Patten

    Seller's Agent in 2019

    Barry Van Patten

    Russ Lyon Sotheby's International Realty

    (602) 576-2019

    36 Total Sales

    Barry Van Patten
    Section Image
  • Frank Aazami

    Seller Co-Listing Agent in 2019

    Frank Aazami

    Compass

    (480) 266-0240

    18 in this area

    232 Total Sales

    Frank Aazami
    Section Image

  • M

    Buyer's Agent in 2019

    Max Harmon

    Lanz Realty

    (602) 418-6327

    2 in this area

    5 Total Sales

    Max Harmon
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5788040

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-15-001

Arizona Maricopa County Phoenix 85018 Camelback East Village

4702 N 56th St Unit 1, Phoenix, AZ

This home is located at 4702 N 56th St Unit 1, Phoenix, AZ 85018 since 12 February 2019 and is currently estimated at $1,887,500. 4702 N 56th St Unit 1 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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