NOT LISTED FOR SALE

5214 E Sweetwater Ave Unit 122 Scottsdale, AZ 85254

Paradise Valley Neighborhood

Estimated Value: $945,000 - $2,287,000

0.87 Acre
$1,813,100 Price per Acre
37,897 Sq Ft Lot

Last Sold April 05, 2012

Last sale price $195,000 $5 Per Sq Ft

Est. 673% increase in value since last sale

Current estimated payment $8,805/month

375 Days on Market

Highlights

  • Arena
  • 0.87 Acre Lot
  • 3-minute walk to Sonrisa Park
  • Desert Shadows Elementary School Rated A
  • Rectangular Lot

About This Lot

As of April 2012

New Price 2/1/12 - Bring your builder! Take advantage of a rare opportunity to purchase the last undeveloped lot in the 85254's desirable Sunburst Farms - Scottsdale address, PV schools, and Phoenix taxes. Build your dream home on almost one acre of flat usable land. Lot is currently a large horse arena with access to bridle path and irrigation water for inexpensive watering. In-Town Convenience w/ Country Living all available within the Sweetwater Corridor.

Last Agent to Sell the Property

David Smith

Russ Lyon Sotheby's International Realty License #SA637859000 Listed on: 02/01/2011

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Ryan Matz

RTM Real Estate License #BR628141000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,578

Lot Details

  • 0.87 Acre Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned R1-14

Schools

  • Desert Shadows Elementary School
  • Desert Shadows Elementary Middle School
  • Horizon High School

Additional Features

  • 37,906 Sq Ft Home
  • Arena

Community Details

  • $2,186 per year Dock Fee

Property Details

Property Type

Land

Est. Annual Taxes

$6,578

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Cross Street: Cactus and 56th Street
  • Legal Info Lot Number: 122
  • Legal Info Range: 4E
  • Legal Info Section: 17
  • Legal Info Township: 3N
  • Property Type: C
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 0.87
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 3.00
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Lot
  • Hundred Block: 13000
  • Land Configuration: Square Rectangular
  • Land Features: North/South Exp
  • Legal Description Abbrev: SUNBURST FARMS EAST 3
  • Parcel Size: .50 - .99 Acres
  • Potential Use: Single Family
  • Price Per Acre: 229310.34
  • Price Per Sq Ft: 5.26
  • Topography: Level
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: R1-14
  • Map Code Grid: L36
  • Tax Year: 2011
  • Directions: West on Cactus to 54th Street. North on Sweetwater, west to lot on right.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 37906.00

Exterior Features

  • Fencing: See Remarks
  • Horses: Y
  • Lot Number: 122

Utilities

  • Water: See Remarks
  • Electric: Aps

Condo/Co-op/Association

  • Association Info: Owner Association
  • Association Info HOA: Y

Schools

  • Elementary School: Desert Shadows Elementary School
  • Middle School: Desert Shadows Elementary School
  • High School: Horizon School
  • Elementary School: Desert Shadows Elementary School
  • High School: Horizon School
  • Jr High School: Desert Shadows Elementary School

Lot Info

  • Lot Size: Rectangular

Multi Family

  • Horse Features: Arena

Tax Info

  • Taxes: 2186.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2013
Sold by
Hill Gabe V
Bought by
The Hill Family Revocable Living Trust
Current Estimated Value
$1,507,980

Purchase Details

Listed on
Feb 1, 2011
Closed on
Feb 14, 2012
Sold by
Decabooter Evelyn Marie
Bought by
Hill Gabe and Hill Kristen
Seller's Agent
David Smith
Russ Lyon Sotheby's International Realty
Buyer's Agent
Ryan Matz
RTM Real Estate
List Price
$249,500
Sold Price
$195,000
Premium/Discount to List
-$54,500
-21.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.22%
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
The Hill Family Revocable Living Trust -- None Available
Hill Gabe $195,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Gabe $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2012 04/05/12 Sold $195,000 -21.8% $5 / Sq Ft
02/11/2012 02/11/12 Pending -- -- --
02/01/2011 02/01/11 For Sale $249,500 -- $7 / Sq Ft
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 $6,578 $66,087 -- --
2024 $6,441 $62,940 -- --
2023 $6,441 $93,270 $18,650 $74,620
2022 $6,376 $77,310 $15,460 $61,850
2021 $6,395 $72,250 $14,450 $57,800
2020 $6,197 $66,770 $13,350 $53,420
2019 $6,205 $59,250 $11,850 $47,400
2018 $6,001 $51,130 $10,220 $40,910
2017 $5,753 $48,410 $9,680 $38,730
2016 $5,657 $47,960 $9,590 $38,370
2015 $5,239 $44,720 $8,940 $35,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4531947

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-05-003