NOT LISTED FOR SALE

5111 N Wilkinson Rd Unit 62 Paradise Valley, AZ 85253

Indian Bend Neighborhood

Estimated Value: $7,447,000 - $12,964,907

2.26 Acres
$4,330,812 Price per Acre
98,446 Sq Ft Lot

Last Sold April 18, 2018

Last sale price $2,450,000

Est. 299% increase in value since last sale

Current estimated payment $53,316/month

370 Days on Market

Highlights

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

About This Lot

As of April 2018

Estate Property. This rare find on the most exclusive street in Paradise Valley with Camelback Mountain views. 2.26 acres on Wilkinson Road. Will not find this anywhere else in Paradise Valley.

Last Agent to Sell the Property

Christopher Karas

Compass License #SA555869000 Listed on: 03/16/2017

Last Buyer's Agent

Christopher Karas

Compass License #SA555869000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,798

Lot Details

  • 2.26 Acre Lot
  • Chain Link Fence
  • Additional Parcels
  • Property is zoned R-43

Schools

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

Additional Features

  • Mountain Views
  • Well

Community Details

  • No Home Owners Association
  • Camelback Lands Subdivision

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 173-20-006

Property Details

Property Type

Land

Est. Annual Taxes

$10,798

Lot Details

0

Listing Details

  • Cross Street: Invergordon & Chaparral
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R-43
  • Tax Year: 2016
  • Lot Size Acres: 2.26
  • Subdivision Name: Camelback Lands
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Mountain View(s)
  • Disclosures: None

Utilities

  • Electric: APS, SRP
  • Water Source: Domestic Well

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: NA
  • Lot Size Sq Ft: 98445.0
  • Additional Parcels: Yes
  • Parcel #: 173-20-006
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10798.0
  • Tax Book Number: 173.00
  • Tax Lot: 62
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
5113 Wilkinson Investments Llc
Bought by
Clayton Living Trust and Clayton
Current Estimated Value
$9,787,636

Purchase Details

Closed on
Mar 26, 2021
Sold by
Wn5113 Llc
Bought by
5113 Wilkinson Investments Llc

Purchase Details

Closed on
Dec 18, 2018
Sold by
Paradise Investors Group Llc
Bought by
Wn5113 Llc

Purchase Details

Listed on
Mar 16, 2017
Closed on
Mar 21, 2018
Sold by
Bpmvvem Llc
Bought by
Paradise Investors Group Llc
Seller's Agent
Christopher Karas
Compass
Buyer's Agent
Christopher Karas
Compass
List Price
$2,500,000
Sold Price
$2,450,000
Premium/Discount to List
-$50,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.20%

Purchase Details

Closed on
Feb 14, 2013
Sold by
Cimmaron Services Llc
Bought by
Bpmvvem Llc

Purchase Details

Closed on
Jun 26, 2009
Sold by
Nowack Christopher L
Bought by
Cimmaron Services Llc

Purchase Details

Closed on
Nov 14, 2006
Sold by
Mcdade John Roger
Bought by
Nowack Christopher L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2005
Sold by
Mccauley Thomas E and Mccauley Patricia A
Bought by
Mcdade John Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.37%
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
Clayton Living Trust $13,250,000 Arizona Brokers Title
5113 Wilkinson Investments Llc $7,290,000 Landmark Ttl Assurance Agcy
Wn5113 Llc -- None Available
Paradise Investors Group Llc $2,450,000 First American Title Insuran
Bpmvvem Llc -- None Available
Cimmaron Services Llc $1,400,000 Magnus Title Agency
Nowack Christopher L $2,750,000 Transnation Title Ins Co
Mcdade John Roger $2,200,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nowack Christopher L $2,200,000
Previous Owner Mcdade John Roger $1,000,000
Closed Mcdade John Roger $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2018 04/18/18 Sold $2,450,000 -2.0% --
03/14/2018 03/14/18 For Sale $2,500,000 0.0% --
03/14/2018 03/14/18 Price Changed $2,500,000 0.0% --
12/04/2017 12/04/17 Price Changed $2,500,000 -7.4% --
03/16/2017 03/16/17 For Sale $2,700,000 -- --
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 $17,084 $300,807 -- --
2024 $16,840 $286,483 -- --
2023 $16,840 $544,100 $108,820 $435,280
2022 $16,129 $382,130 $76,420 $305,710
2021 $9,559 $185,520 $185,520 $0
2020 $9,498 $195,195 $195,195 $0
2019 $9,170 $176,235 $176,235 $0
2017 $5,515 $134,393 $134,393 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5576098

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-20-312