$1,125,000
SOLD JUL 12, 2018
5 Beds
3 Baths
3,023 Sq Ft
1.02 Acres

Recently Sold

$372 Per Sq Ft

10% Below List Price

8 Days on Market

Highlights

  • Private Pool
  • 1.02 Acre Lot
  • Eat-In Kitchen
  • Cherokee Elementary School Rated A
  • No HOA
  • Tankless Water Heater

About This Home

As of February 2020

This south-facing acre lot is located on a prime corner in Paradise Valley, surrounded by beautiful new home developments. The lot is flat and has no known washes. The home can continue to be rented out at $4,000 per month or higher, and has updated floors, kitchen, and bathrooms. Property is currently on septic, but sewer connection is nearby (see photo).

Last Agent to Sell the Property

Cody Wolfe

Resident Real Estate License #BR654278000 Listed on: 05/30/2018

Co-Listed By

Brad Goddes

Goddes Homes License #BR534750000

Last Buyer's Agent

Rafael Gafni

HomeSmart License #SA651764000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,107

Year Built

  • Built in 1962

Lot Details

  • 1.02 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 3,023 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Concrete Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Schools

  • Cherokee Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Grosse Pointe Highlands Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 168-54-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,107

Year Built

Built in 1962

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 52nd St and Doubletree
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1962
  • Tax Year: 2017
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.02
  • Co List Office Mls Id: gdes01
  • Co List Office Phone: 602-903-7209
  • Subdivision Name: GROSSE POINTE HIGHLANDS
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Concrete
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 3023.0
  • Stories: 1
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Dirt Back, Grass Back
  • Pool Features: Private
  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition, Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 44377.0
  • Parcel #: 168-54-026
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 5107.0
  • Tax Book Number: 168.00
  • Tax Lot: 28
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Grosse Pointe 28 Llc
Bought by
War Family Trust
Total Days on Market
8
Current Estimated Value
$8,259,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Outstanding Balance
$4,353,204
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$3,905,928

Purchase Details

Listed on
Nov 19, 2019
Closed on
Feb 12, 2020
Sold by
Chack Zeev
Bought by
Grosse Pointe 28 Llc
Seller's Agent
Rebecca Shemesh
NORTH&CO.
Buyer's Agent
Mitesh Patel
Arizona's Desert Lifestyles
List Price
$1,175,000
Sold Price
$1,100,000
Premium/Discount to List
-$75,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.39%
Original Mortgage
$1,100,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2019
Sold by
Chack Zeev
Bought by
Thomahwk Trial Irrevocable Land Trust

Purchase Details

Closed on
Jun 26, 2019
Sold by
Israel Noy
Bought by
Chack Zeev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2018
Sold by
Tomahawk Llc
Bought by
Chack Zeev

Purchase Details

Listed on
May 30, 2018
Closed on
Aug 2, 2018
Sold by
Chack Zeev
Bought by
Tomahawk Llc
Seller's Agent
Cody Wolfe
Resident Real Estate
Buyer's Agent
Rafael Gafni
HomeSmart
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.50%
Original Mortgage
$900,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 11, 2018
Sold by
Israel Noy and Chack Zeev
Bought by
Chack Zeev
Seller's Agent
Cody Wolfe
Resident Real Estate
Buyer's Agent
Rafael Gafni
HomeSmart
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 9, 2018
Sold by
Wolfe Az Llc
Bought by
Chack Zeev
Seller's Agent
Cody Wolfe
Resident Real Estate
Buyer's Agent
Rafael Gafni
HomeSmart
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 25, 2016
Closed on
Apr 11, 2016
Sold by
Wolfe Whitney and Wolfe Clayton
Bought by
Wolfe Az Llc
Seller's Agent
Cody Wolfe
Resident Real Estate
Buyer's Agent
Genevieve Kakol
Realty Executives
Sold Price
$4,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2011
Sold by
Wilcox Elaine
Bought by
Wolfe Whitney and Wolfe Clayton

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
4.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 17, 2011
Sold by
Wilcox Elaine
Bought by
Wilcox Elaine

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
4.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 30, 1998
Sold by
Wilcox Roger E
Bought by
Wilcox Revocable Living Trust

Purchase Details

Closed on
Jan 25, 1994
Sold by
Skoubes
Bought by
Wilcox Roger E
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $7,000,000 First Arizona Title
Warranty Deed $1,100,000 First Arizona Title Agency
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Driggs Title Agency Inc
Warranty Deed $1,125,000 Driggs Title Agency Inc
Warranty Deed $900,000 Fidelity Natl Title Agency I
Warranty Deed $525,000 Old Republic Title Agency
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- Security Title
Warranty Deed -- Security Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,500,000 New Conventional
Previous Owner $1,100,000 Purchase Money Mortgage
Previous Owner $900,000 New Conventional
Previous Owner $900,000 Future Advance Clause Open End Mortgage
Previous Owner $675,000 Purchase Money Mortgage
Previous Owner $500,000 Adjustable Rate Mortgage/ARM
Previous Owner $400,000 Seller Take Back
Previous Owner $231,500 Unknown
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $1,100,000 -6.4% $364 / Sq Ft
11/19/2019 11/19/19 For Sale $1,175,000 +4.4% $389 / Sq Ft
07/12/2018 07/12/18 Sold $1,125,000 -10.0% $372 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $1,250,000 0.0% $413 / Sq Ft
04/01/2016 04/01/16 Rented $4,000 -4.8% --
02/15/2016 02/15/16 Price Changed $4,200 -4.5% $1 / Sq Ft
01/25/2016 01/25/16 For Rent $4,400 -- --
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 $14,842 $262,682 -- --
2024 $14,629 $241,395 -- --
2023 $14,629 $418,000 $83,600 $334,400
2022 $7,508 $174,050 $34,810 $139,240
2021 $5,168 $126,165 $126,165 $0
2020 $5,719 $86,300 $17,260 $69,040
2019 $5,521 $80,760 $16,150 $64,610
2018 $5,316 $94,770 $18,950 $75,820
2017 $5,107 $83,820 $16,760 $67,060
2016 $5,000 $67,900 $13,580 $54,320
2015 $4,144 $67,900 $13,580 $54,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5772999

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-54-026