NOT LISTED FOR SALE

4716 N Dromedary Rd Unit 1 Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $7,472,911

0.53 Acre
$14,099,832 Price per Acre
23,087 Sq Ft Lot

Last Sold March 30, 2016

Last sale price $1,282,000

Est. 483% increase in value since last sale

Current estimated payment $42,724/month

About This Lot

As of March 2016

This is one of the best lots available in Arcadia sitting on more than 1/2 acre in a fabulous dead end cul-de-sac. Purchase the lot only and create your personal dream, or let Santorini Homes build your home with the quality design and luxurious finishes they are best known for. This is an incredible opportunity in the perfect location!

Last Listed By

Robert Joffe

Compass License #BR029057000 Listed on: 03/10/2016

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,728

Year Built

  • 2017

Lot Details

  • 0.53 Acre Lot

Schools

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

Community Details

  • No Home Owners Association
  • Tierra De Paz Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 172-20-031

Property Details

Property Type

Land

Est. Annual Taxes

$6,728

Year Built

2017

Lot Details

0

Listing Details

  • Cross Street: Exeter and Dromedary
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: Single Family
  • Tax Year: 2015
  • Directions: From Camelback south on Launfal to Exeter, east on Exeter to Dromedary and north to home.
  • Lot Size Acres: 0.53
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: TIERRA DE PAZ
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2017

Exterior Features

  • 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: regular
  • Horse Amenities: Other, See Remarks
  • Lot Size Sq Ft: 23165.0
  • Additional Parcels: No
  • Parcel #: 172-20-031
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6728.0
  • Tax Book Number: 172.00
  • Tax Lot: 1
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Mar 8, 2016
Sold by
Ac Land Holdings Llc
Bought by
Highway 80 Llc
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Marign Mccarthy
My Home Group Real Estate
List Price
$1,282,000
Sold Price
$1,282,000
Total Days on Market
0
Current Estimated Value
$7,472,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,190,911
Avg. Annual Appreciation
18.06%
Original Mortgage
$2,480,000
Outstanding Balance
$2,003,280
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$3,824,157

Purchase Details

Closed on
Mar 3, 2015
Sold by
Russell Heather L Maclean and Russell Mark S
Bought by
Ac Land Holdings Llc

Purchase Details

Closed on
Sep 30, 2014
Sold by
Russell Mark S
Bought by
Russell Heather L Maclean and Russell Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2014
Sold by
Russell Heather Maclean
Bought by
Russell Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2008
Sold by
Reed Wallace A
Bought by
Reed Wallace A

Range of Values:

Collateral Analytics

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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
Highway 80 Llc $1,282,000 Clear Title Agency Of Az Llc
Ac Land Holdings Llc $1,100,000 Clear Title Agency
Russell Heather L Maclean -- Accommodation
Russell Mark S -- Equity Title Agency Inc
Russell Mark S $865,000 Equity Title Agency Inc
Reed Wallace A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highway 80 Llc $2,480,000
Previous Owner Russell Mark S $692,000
Previous Owner Russell Mark S $86,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2016 03/30/16 Sold $1,282,000 0.0% --
03/10/2016 03/10/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $1,282,000 -- --
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 $15,514 $189,759 -- --
2024 $14,015 $180,723 -- --
2023 $14,015 $305,260 $61,050 $244,210
2022 $13,417 $238,970 $47,790 $191,180
2021 $13,928 $232,310 $46,460 $185,850
2020 $13,713 $209,410 $41,880 $167,530
Source: Public Records

Agents Affiliated with this Home

  • Robert Joffe

    Seller's Agent in 2016

    Robert Joffe

    Compass

    (602) 989-8300

    171 in this area

    271 Total Sales

    Robert Joffe
    Section Image
  • Bob Bullock

    Seller Co-Listing Agent in 2016

    Bob Bullock

    Compass

    Section Image
  • Marign Mccarthy

    Buyer's Agent in 2016

    Marign Mccarthy

    My Home Group

    (719) 651-6499

    2 in this area

    323 Total Sales

    Marign Mccarthy
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5411188

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-20-031A

Arizona Maricopa County Phoenix 85018 Camelback East Village

4716 N Dromedary Rd Unit 1, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 4716 N Dromedary Rd Unit 1, Phoenix, AZ 85018 since 10 March 2016 and is currently priced at $7,472,911. This property was built in 2017. 4716 N Dromedary Rd 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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