NOT LISTED FOR SALE

5229 E Doubletree Ranch Rd Unit 3 Paradise Valley, AZ 85253

Estimated Value: $5,828,000 - $7,642,000

1.01 Acres
$6,588,595 Price per Acre
43,996 Sq Ft Lot

Sale Details

Date Sold: June 18, 2021

Last sale price $1,459,000

Est. 356% increase in value since last sale

Current estimated payment $36,585 / mo

73 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Shed
  • Cherokee Elementary School Rated A
  • No HOA
  • Garage

About This Lot

As of June 2021

*REDUCED - Priced to sell* Property has a home on it but is being sold for land value* FLAT, ACRE+, RECTANGULAR CORNER LOT in heart of P.V.* No pool, no washes, no hillside ordinances to deal with* New home can be built to take in mountain views to south and west* No HOA* Hurry builders - this one won't last! Note: Property is on the NORTH side of Doubletree and fronts 53rd St, NOT Doubletree. New owner may want to petition for address change to 53rd Street since address was also incorrectly assigned with odd house number. *Now easy to show but must call for access before entering property*

Last Agent to Sell the Property

Kelly Hundelt

Realty Executives Arizona Territory License #SA031695000 Listed on: 02/12/2021

Realty Executives Arizona Territory

Co-Listed By

Oliver Hundelt

Realty Executives Arizona Territory License #BR037327000

Last Buyer's Agent

Jonathan Leaman

Apex Residential License #SA648438000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,139

Lot Details

  • 1.01 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned R-43

Parking

  • Garage

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure
  • Residence on Property

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 168-34-008

Community Details

Overview

  • No Home Owners Association
  • Paradise Country Estates 1 Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$3,139

Lot Details

1.01 Acres

Listing Details

  • Cross Street: Tatum/Doubletree
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: Level
  • Zoning: R-43
  • Tax Year: 2020
  • Lot Size Acres: 1.01
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reax16
  • Co List Office Phone: 602-861-3300
  • Subdivision Name: PARADISE COUNTRY ESTATES 1
  • View:Mountain View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Dual Street Ftg, North/South Exp
  • View: Mountain(s)
  • Disclosures: None
  • Other Structures: Garage(s), Shed(s), Residence

Garage/Parking

  • Existing Structures:Garage(s): Yes

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Lot Size: rectangular
  • Lot Size Sq Ft: 43881.0
  • Additional Parcels: No
  • Parcel #: 168-34-008

Tax Info

  • Tax Annual Amount: 3139.0
  • Tax Book Number: 168.00
  • Tax Lot: 3
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
9012 N 53Rd Llc
Bought by
Serr Revocable Trust and Serr
Current Estimated Value
$6,654,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,700,000
Outstanding Balance
$3,657,513
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$2,996,968

Purchase Details

Listed on
Feb 12, 2021
Closed on
Jun 16, 2021
Sold by
Grant Gregory Michael and Elizabeth L Clendenin Trust
Bought by
9012 N 53Rd Llc
Seller's Agent
Kelly Hundelt
Realty Executives Arizona Territory
Buyer's Agent
Jonathan Leaman
Apex Residential
List Price
$1,500,000
Sold Price
$1,459,000
Premium/Discount to List
-$41,000
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.00%
Original Mortgage
$1,125,000
Interest Rate
2.9%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Serr Revocable Trust $6,300,000 Premier Title Agency
Serr Revocable Trust $6,300,000 Premier Title Agency
9012 N 53Rd Llc $1,459,000 Premier Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serr Revocable Trust $3,700,000
Closed Serr Revocable Trust $3,700,000
Previous Owner 9012 N 53Rd Llc $1,125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2021 06/18/21 Sold $1,459,000 +1.0% --
04/25/2021 04/25/21 Pending -- -- --
04/05/2021 04/05/21 Price Changed $1,444,000 -3.7% --
02/11/2021 02/11/21 For Sale $1,500,000 +2.8% --
02/10/2021 02/10/21 Off Market $1,459,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $12,730 $216,760 -- --
2024 $3,230 $206,438 -- --
2023 $3,230 $107,505 $107,505 $0
2022 $2,940 $66,830 $13,360 $53,470
2021 $3,163 $62,170 $12,430 $49,740
2020 $3,139 $61,460 $12,290 $49,170
2019 $3,029 $56,220 $11,240 $44,980
2018 $2,945 $56,230 $11,240 $44,990
2017 $2,782 $47,810 $9,560 $38,250
2016 $2,721 $51,620 $10,320 $41,300
2015 $2,609 $51,620 $10,320 $41,300
Source: Public Records

Agents Affiliated with this Home

  • Kelly Hundelt

    Seller's Agent in 2021

    Kelly Hundelt

    Realty Executives Arizona Territory

    (602) 430-3564

    1 in this area

    23 Total Sales

    Kelly Hundelt
    Section Image
  • Oliver Hundelt

    Seller Co-Listing Agent in 2021

    Oliver Hundelt

    Realty Executives

    (602) 430-1544

    1 in this area

    15 Total Sales

    Oliver Hundelt
    Section Image
  • Jonathan Leaman

    Buyer's Agent in 2021

    Jonathan Leaman

    Apex Residential

    (602) 750-4285

    9 in this area

    130 Total Sales

    Jonathan Leaman
    Section Image
  • Maximilian Schopen De Melo

    Buyer Co-Listing Agent in 2021

    Maximilian Schopen De Melo

    Local Luxury Christie's International Real Estate

    (480) 907-9660

    22 in this area

    100 Total Sales

    Maximilian Schopen De Melo
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6192636

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-34-008

Arizona Maricopa County Paradise Valley 85253

5229 E Doubletree Ranch Rd Unit 3, Paradise Valley, AZ

Not Listed for Sale

Lots

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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