NOT LISTED FOR SALE

4770 E Charles Dr Unit 2 Paradise Valley, AZ 85253

Estimated Value: $1,802,000 - $2,110,000

1.63 Acres
$1,200,000 Price per Acre
71,003 Sq Ft Lot

Last Sold May 20, 2022

Last sale price $1,200,000

Est. 63% increase in value since last sale

Current estimated payment $10,810/month

13 Days on Market

Highlights

  • City Lights View
  • 1.63 Acre Lot
  • Cul-De-Sac
  • Cherokee Elementary School Rated A
  • No HOA
  • Property is near a preserve or public land

About This Lot

As of May 2022

A remarkable opportunity to build your dream home on this 360 degree view Lot. Relatively easy site improvement even though its Hillside, the lot itself is pretty flat. The site captures view of Superstition Mountains, Mummy Mountain and is Piestewa Mountain range with unobstructed view of city lights as far as one can see. The Seller has very fine architectural plans from a renowned architect that are INCLUDED with this purchase. Please contact the Listing Agent for site plans / Renderings.

Last Agent to Sell the Property

Ambika Mittal

Compass License #SA687921000 Listed on: 01/18/2022

Compass

Last Buyer's Agent

Samir Sawhney

XCD Realty & Property Mgmt License #BR645393000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,797

Lot Details

  • 1.63 Acre Lot
  • Cul-De-Sac

Property Views

  • City Lights
  • Mountain

Community Details

  • No Home Owners Association
  • Paradise Vista Estates Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 168-68-026

Property Details

Property Type

Land

Est. Annual Taxes

$4,797

Lot Details

0

Listing Details

  • Cross Street: Tatum & Mockingbird
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: Residential
  • Tax Year: 2021
  • Lot Size Acres: 1.63
  • Road Surface Type: Asphalt
  • Subdivision Name: PARADISE VISTA ESTATES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Cul-De-Sac, City Light View(s), Mountain View(s), Adjacent to Wash, Borders Pres/Pub Lnd
  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 70865.0
  • Additional Parcels: No
  • Parcel #: 168-68-026
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4797.0
  • Tax Book Number: 168.00
  • Tax Lot: 2
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
May 18, 2022
Sold by
Sharma Family Revocable Trust
Bought by
Sjs Estates Llc
Seller's Agent
Ambika Mittal
Compass
Buyer's Agent
Samir Sawhney
XCD Realty & Property Mgmt
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Current Estimated Value
$1,956,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$756,000
Avg. Annual Appreciation
15.55%

Purchase Details

Closed on
Jul 31, 2009
Sold by
Sharma Virender K
Bought by
Sharma Virender K and Sharma Sarah

Purchase Details

Closed on
Apr 3, 2007
Sold by
Liquid Crystal Properties Llc
Bought by
Sharma Virender K and Sharma Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2006
Sold by
Sharwa Kulbhushan
Bought by
Liquid Crystal Properties Llc

Purchase Details

Closed on
Aug 13, 2004
Sold by
Nace Land & Cattle Co Inc
Bought by
Sharma Kulbhushan K and Sharma Purnima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,550
Interest Rate
6.17%
Mortgage Type
New Conventional
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
Sjs Estates Llc $1,200,000 Magnus Title
Sharma Virender K -- None Available
Sharma Virender K $861,000 Capital Title Agency Inc
Liquid Crystal Properties Llc -- None Available
Sharma Kulbhushan K $619,500 Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharma Virender K $416,000
Previous Owner Sharma Kulbhushan K $557,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $1,200,000 -11.1% --
01/31/2022 01/31/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $1,350,000 -- --
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 $4,770 $81,134 $81,134 --
2024 $4,704 $77,271 $77,271 --
2023 $4,704 $170,475 $170,475 $0
2022 $4,512 $128,160 $128,160 $0
2021 $4,797 $110,580 $110,580 $0
2020 $4,766 $96,840 $96,840 $0
2019 $4,601 $93,390 $93,390 $0
2018 $4,431 $90,405 $90,405 $0
2017 $4,256 $78,165 $78,165 $0
2016 $4,167 $67,440 $67,440 $0
2015 $4,218 $69,472 $69,472 $0
Source: Public Records

Agents Affiliated with this Home

  • Ambika Mittal

    Seller's Agent in 2022

    Ambika Mittal

    Compass

    (402) 972-6663

    2 in this area

    5 Total Sales

    Ambika Mittal
    Section Image
  • Samir Sawhney

    Buyer's Agent in 2022

    Samir Sawhney

    XCD Realty & Property Mgmt

    (860) 559-0559

    3 in this area

    267 Total Sales

    Samir Sawhney
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6343481

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-68-026

Arizona Maricopa County Paradise Valley 85253

4770 E Charles Dr Unit 2, Paradise Valley, AZ

This home is located at 4770 E Charles Dr Unit 2, Paradise Valley, AZ 85253 since 18 January 2022 and is currently estimated at $1,956,000. 4770 E Charles Dr Unit 2 is a home located in Maricopa County with nearby schools including Cherokee Elementary School, Cocopah Middle School, and Chaparral 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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