NOT LISTED FOR SALE

5001 N Wilkinson Rd Unit 59 Paradise Valley, AZ 85253

Indian Bend Neighborhood

Estimated Value: $4,953,000 - $10,816,018

2.03 Acres
$3,835,964 Price per Acre
88,427 Sq Ft Lot

Last Sold December 11, 2017

Last sale price $1,535,000

Est. 407% increase in value since last sale

Current estimated payment $43,358/month

217 Days on Market

Highlights

  • 2.03 Acre Lot
  • Mountain View
  • Partially Fenced Property
  • Kiva Elementary School Rated A
  • No HOA

About This Lot

As of December 2017

This amazing level, easily buildable 2.03 acre lot is located on one of Paradise Valley's premier streets with expansive views of Camelback Mtn. It is surrounded by multi-million dollar homes with existing homes on Wilkinson Road currently being offered at prices up to $18,000,000 (5102,5312,5315 and 5335 N Wilkinson Road). It features a highly desirable location within two miles or less of The Phoenician, Royal Palms and Sanctuary Resorts; the Scottsdale Fashion Square; and Old Town Scottsdale. Golfing and hiking venues are a short walk away. Great opportunity for builders, remodelers or investors.
The existing home and/or guest house could be occupied while the new owner designs and permits its' dream home.
Property being sold AS-IS. THIS IS A LOT SALE.

Last Agent to Sell the Property

Roger Mueller

American Realty Brokers License #SA103790000 Listed on: 03/24/2017

American Realty Brokers

Last Buyer's Agent

Laura Jewett

Engel & Voelkers Scottsdale License #SA525254000

Engel & Voelkers Scottsdale

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,548

Lot Details

  • 2.03 Acre Lot
  • Partially Fenced Property
  • Property is zoned R-43

Schools

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

Additional Features

  • Mountain Views
  • Residence on Property

Community Details

  • No Home Owners Association
  • Camelback Lands Subdivision

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 173-20-003

Property Details

Property Type

Land

Est. Annual Taxes

$9,548

Lot Details

0

Listing Details

  • Cross Street: Invergordon (64th St) and Chaparral
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R-43
  • Tax Year: 2016
  • Directions: Head east on Chaparral Road from Invergordon, north on Wilkinson Road to property on east side.
  • Lot Size Acres: 2.03
  • Subdivision Name: CAMELBACK LANDS
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial
  • Lot Features: Mountain View(s)
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: Residence

Utilities

  • Electric: APS
  • Water Source: Private 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: 297' x 298'
  • Lot Size Sq Ft: 88427.0
  • Additional Parcels: No
  • Parcel #: 173-20-003
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9548.0
  • Tax Book Number: 173.00
  • Tax Lot: 59
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2021
Sold by
1006 Llc
Bought by
Weinbrenner Eric and The Eric Weinbrenner Living Tr
Current Estimated Value
$7,787,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$628,924
Interest Rate
2.7%
Mortgage Type
Unknown
Estimated Equity
$7,234,292

Purchase Details

Closed on
Oct 31, 2018
Sold by
Weinbrenner Eric
Bought by
Weinbrenner Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 24, 2017
Closed on
Dec 28, 2017
Sold by
Weinbrenner Jennifer
Bought by
Weinbrenner Eric
Seller's Agent
Roger Mueller
American Realty Brokers
Buyer's Agent
Laura Jewett
Engel & Voelkers Scottsdale
List Price
$1,950,000
Sold Price
$1,535,000
Premium/Discount to List
-$415,000
-21.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.30%

Purchase Details

Listed on
Mar 24, 2017
Closed on
Dec 15, 2017
Sold by
Ez Homes Inc
Bought by
Weinbrenner Eric
Seller's Agent
Roger Mueller
American Realty Brokers
Buyer's Agent
Laura Jewett
Engel & Voelkers Scottsdale
List Price
$1,950,000
Sold Price
$1,535,000
Premium/Discount to List
-$415,000
-21.28%

Purchase Details

Listed on
Mar 24, 2017
Closed on
Dec 5, 2017
Sold by
Shackelford Sally A
Bought by
Ez Homes Inc
Seller's Agent
Roger Mueller
American Realty Brokers
Buyer's Agent
Laura Jewett
Engel & Voelkers Scottsdale
List Price
$1,950,000
Sold Price
$1,535,000
Premium/Discount to List
-$415,000
-21.28%

Purchase Details

Closed on
Sep 18, 2014
Sold by
Shackelford Sally A
Bought by
Shackelford Sally A

Purchase Details

Closed on
Sep 15, 1994
Sold by
Shackelford Ellis M
Bought by
Shackelford Ellis M and Shackelford Sally A
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
Weinbrenner Eric -- Accommodation
Weinbrenner Eric -- Magnus Title Agency Llc
1006 Llc -- Magnus Title Agency Llc
Weinbrenner Eric -- Accommodation
Weinbrenner Eric -- None Available
Weinbrenner Eric -- None Available
Weinbrenner Eric -- None Available
Weinbrenner Eric -- None Available
Ez Homes Inc $1,525,000 Magnus Title Agency Llc
Shackelford Sally A -- Magnus Title Agency
Shackelford Sally A -- Magnus Title Agency
Shackelford Sally A -- None Available
Shackelford Sally A -- None Available
Shackelford Ellis M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weinbrenner Eric $3,026,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2017 12/11/17 Sold $1,535,000 -14.7% --
10/25/2017 10/25/17 Price Changed $1,800,000 -7.7% --
03/23/2017 03/23/17 For Sale $1,950,000 -- --
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 $24,878 $423,191 -- --
2024 $24,535 $403,039 -- --
2023 $24,535 $643,600 $128,720 $514,880
2022 $23,536 $459,760 $91,950 $367,810
2021 $25,019 $512,000 $102,400 $409,600
2020 $12,324 $234,820 $46,960 $187,860
2019 $11,204 $157,080 $31,410 $125,670
2018 $10,788 $182,480 $36,490 $145,990
2017 $9,764 $173,130 $34,620 $138,510
2016 $9,548 $170,120 $34,020 $136,100
2015 $9,028 $157,520 $31,500 $126,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5580349

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-20-003