NOT LISTED FOR SALE

5111 E Lincoln Dr Paradise Valley, AZ 85253

Estimated Value: $3,953,000 - $6,543,000

0.87 Acre
$5,993,615 Price per Acre
37,897 Sq Ft Lot

Last Sold March 31, 2020

Last sale price $500,000

Est. 943% increase in value since last sale

Current estimated payment $29,360/month

20 Days on Market

Highlights

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

About This Lot

As of March 2020

Incredible Custom Build opportunity in the beautiful Camelback Ranchos Community. Unparalleled views of both Camelback & Mummy Mountain can be had with your choice of modern design.

Last Agent to Sell the Property

Greg Corbett

eXp Realty License #SA548517000 Listed on: 01/30/2020

eXp Realty

Last Buyer's Agent

Nick Steffes

Compass License #BR678835000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,241

Lot Details

  • 0.87 Acre Lot
  • Corner Lot
  • Property is zoned R-43

Property Views

  • Mountain Views

Schools

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

Community Details

  • No Home Owners Association
  • Camelback Ranchos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 169-25-001

Property Details

Property Type

Land

Est. Annual Taxes

$4,241

Lot Details

0

Listing Details

  • Cross Street: Tatum & Lincoln
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R-43
  • Tax Year: 2019
  • Directions: East on Lincoln from Tatum to 51st Place, Right/South on 51st Place. Property on the Right (corner lot).
  • Lot Size Acres: 0.87
  • Road Surface Type: Dedicated Street
  • Subdivision Name: CAMELBACK RANCHOS
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Corner Lot, Mountain View(s)
  • Other Structures: None

Utilities

  • Electric: APS, Individual Meter
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: 318x128
  • Lot Size Sq Ft: 37705.0
  • Additional Parcels: No
  • Parcel #: 169-25-001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4241.0
  • Tax Book Number: 169.00
  • Tax Lot: -
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2023
Sold by
Steffes Companies Llc
Bought by
Steffes Marc and Steffes Mercedes
Current Estimated Value
$5,214,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Outstanding Balance
$502,243
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$4,459,041

Purchase Details

Closed on
Nov 16, 2020
Sold by
Steffes Marc A and Steffes Mercedes
Bought by
Steffes Companies Llc

Purchase Details

Listed on
Jan 30, 2020
Closed on
Mar 25, 2020
Sold by
Docile Enterprises Llc
Bought by
Steffes Marc A and Steffes Meroedes
Seller's Agent
Greg Corbett
eXp Realty
Buyer's Agent
Nick Steffes
Compass
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.60%

Purchase Details

Closed on
Mar 16, 2016
Sold by
Brenden Steven
Bought by
Docile Enterprises Llc

Purchase Details

Closed on
Oct 4, 2012
Sold by
Freed Lewis H
Bought by
Brenden Steven and Brenden Robyn Leigh Arnell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,100
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2008
Sold by
Slavik Lisa L
Bought by
Freed Lewis H and The Lewis H Freed Living Trust

Purchase Details

Closed on
Mar 3, 2006
Sold by
Byrnes Andrew R
Bought by
Freed Lewis and Slavik Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 29, 2005
Sold by
Byrnes Margaret R
Bought by
Byrnes Andrew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2005
Sold by
Payton Robert T
Bought by
Byrnes Andrew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2001
Sold by
Jones Fleur M
Bought by
Payton Robert T and Payton Tobi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,950
Interest Rate
6.88%
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
Steffes Marc -- Atlas Title
Steffes Companies Llc -- None Available
Steffes Marc A $500,000 Grand Canyon Title Agency
Docile Enterprises Llc $545,000 Landmark Title Assurance Age
Brenden Steven $313,000 Old Republic Title Agency
Freed Lewis H -- None Available
Freed Lewis $1,075,000 Chicago Title Insurance Co
Byrnes Andrew R -- Lawyers Title Ins
Byrnes Andrew R $930,000 Lawyers Title Ins
Payton Robert T $399,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steffes Marc $515,000
Previous Owner Brenden Steven $219,100
Previous Owner Freed Lewis $806,000
Previous Owner Byrnes Andrew R $744,000
Previous Owner Byrnes Andrew R $744,000
Previous Owner Payton Robert T $735,000
Previous Owner Payton Robert T $100,000
Previous Owner Payton Robert T $481,500
Previous Owner Payton Robert T $19,950
Closed Payton Robert T $359,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $500,000 -16.5% --
02/19/2020 02/19/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $599,000 -- --
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 $14,020 $238,490 -- --
2024 $7,122 $227,134 -- --
2023 $7,122 $195,470 $39,090 $156,380
2022 $4,159 $71,655 $71,655 $0
2021 $4,421 $79,980 $79,980 $0
2020 $4,393 $76,410 $76,410 $0
2019 $4,241 $64,080 $64,080 $0
2018 $4,084 $59,805 $59,805 $0
2017 $3,923 $58,095 $58,095 $0
2016 $3,841 $60,285 $60,285 $0
2015 $3,888 $50,944 $50,944 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Corbett

    Seller's Agent in 2020

    Greg Corbett

    eXp Realty

    (602) 734-7263

    1 in this area

    29 Total Sales

    Greg Corbett
    Section Image
  • Nick Steffes

    Buyer's Agent in 2020

    Nick Steffes

    Compass

    (712) 339-0293

    228 Total Sales

    Nick Steffes
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6030487

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-25-001

Arizona Maricopa County Paradise Valley 85253

5111 E Lincoln Dr, Paradise Valley, AZ

This home is located at 5111 E Lincoln Dr, Paradise Valley, AZ 85253 since 30 January 2020 and is currently estimated at $5,214,445. 5111 E Lincoln Dr is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro 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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