NOT LISTED FOR SALE

4812 N 68th Place Unit 4 Scottsdale, AZ 85251

Indian Bend Neighborhood

Estimated Value: $2,705,000 - $3,567,616

0.74 Acre
$4,315,749 Price per Acre
32,234 Sq Ft Lot

Last Sold October 20, 2016

Last sale price $650,000

Est. 391% increase in value since last sale

Current estimated payment $18,622/month

20 Days on Market

Highlights

  • 0.74 Acre Lot
  • Mountain View
  • No HOA
  • Kiva Elementary School Rated A

About This Lot

As of October 2016

32,000+ SQFT irrigated cul-de-sac lot ready for new build opportunity. The lot has excellent mountain views and sits at the end of a quiet cul-de-sac with no location negatives. Live in walking distance to Fashion Square and around the corner from the Phoenician. New builds surrounding this property within a mile are selling for $1.4mm - $2mm+. See also MLS# 5491868 for proposed plan on this site or we can design your custom dream home!

Last Agent to Sell the Property

Rob Cammarata

Compass License #BR106127000 Listed on: 09/02/2016

Compass

Co-Listed By

Suzette Tzineff

Citiea License #SA637032000

Last Buyer's Agent

Noralicia Flores de Valdez

Coldwell Banker Realty License #SA541832000

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,795

Year Built

  • 2017

Lot Details

  • 0.74 Acre Lot
  • Property is zoned R1-18

Property Views

  • Mountain Views

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Community Details

  • No Home Owners Association
  • Coronado Villa Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 173-34-042

Property Details

Property Type

Land

Est. Annual Taxes

$2,795

Year Built

2017

Lot Details

0

Listing Details

  • Cross Street: 68th St & Camelback
  • Property Type: Land
  • Zoning: R1-18
  • Tax Year: 2015
  • Directions: North on 68th St to Chaparral...east to 68th Place...south to property.
  • Lot Size Acres: 0.74
  • Co List Office Mls Id: nrtc01
  • Co List Office Phone: 602-714-7000
  • Subdivision Name: Coronado Villa
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2017

Exterior Features

  • Lot Features: Mountain View(s)
  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: 170 X 200
  • Lot Size Sq Ft: 32204.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 173-34-042
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2795.0
  • Tax Book Number: 173.00
  • Tax Lot: 4
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Oct 17, 2016
Sold by
Acv Two Llc
Bought by
Construvision Llc
Seller's Agent
Rob Cammarata
Compass
Buyer's Agent
Noralicia Flores de Valdez
Coldwell Banker Realty
List Price
$650,000
Sold Price
$650,000
Total Days on Market
20
Current Estimated Value
$3,193,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,543,654
Avg. Annual Appreciation
20.28%

Purchase Details

Closed on
Feb 1, 2016
Sold by
Grosch Gary Douglas
Bought by
Acv Two Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2007
Sold by
Grosch Gary
Bought by
Ortega Davila Benito and Ortega Gloria

Purchase Details

Closed on
Apr 2, 1998
Sold by
Whitmore Charles D and The Grosch Family Trust
Bought by
Grosch Gary Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

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Average Value
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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
Construvision Llc $650,000 Fidelity Natl Title Agency I
Acv Two Llc $514,500 Fidelity Natl Title Agency
Ortega Davila Benito $199,000 Security Title Agency Inc
Grosch Gary Douglas -- Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acv Two Llc $475,000
Previous Owner Acv Two Llc $400,000
Previous Owner Acv Two Llc $6,000,000
Previous Owner Grosch Gary Douglas $222,000
Previous Owner Grosch Gary Douglas $134,000
Previous Owner Grosch Gary Douglas $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2016 10/20/16 Sold $650,000 0.0% --
09/21/2016 09/21/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $650,000 -- --
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 $8,324 $123,021 -- --
2024 $8,227 $117,163 -- --
2023 $8,227 $203,800 $40,760 $163,040
2022 $7,806 $147,860 $29,570 $118,290
2021 $8,293 $139,870 $27,970 $111,900
2020 $8,221 $112,260 $22,450 $89,810
2019 $7,933 $127,500 $25,500 $102,000
2018 $7,211 $134,550 $134,550 $0
2017 $3,477 $52,070 $10,410 $41,660
2016 $3,409 $48,110 $9,620 $38,490
2015 $2,795 $45,270 $9,050 $36,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5491964

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-34-042