$3,200,000
SOLD NOV 29, 2016
2.36 Acres
$1,355,932 Price per Acre
102,802 Sq Ft Lot

Recently Sold

9% Below List Price

57 Days on Market

Highlights

  • City Lights View
  • 2.36 Acre Lot
  • No HOA
  • Kiva Elementary School Rated A

About This Lot

As of May 2021

The last Estate lot of it's kind. Great location with views to the north and south. Tear down on property, so the property has an amazing pad for a new build. Room to build the masterpiece on this very rare property. Town of Paradise Valley says the lot can be subdivided. The 1.15 acre lot adjoining to the southeast is also available and can be purchased to increase the estate size.The property has an existing home that needs to be torn down and is being sold AS IS.
Utilities are underground to the property line.

Last Agent to Sell the Property

Barbara Gray

HomeSmart License #SA025119000 Listed on: 08/04/2016

HomeSmart

Last Buyer's Agent

Dede Johnston

Realty ONE Group License #SA544308000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,692

Lot Details

  • 2.36 Acre Lot
  • Additional Parcels
  • Property is zoned R43

Property Views

  • City Lights
  • Mountain

Schools

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

Additional Features

  • North or South Exposure
  • Residence on Property

Community Details

  • No Home Owners Association
  • Stone Canyon Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 172-47-086-0

Property Details

Property Type

Land

Est. Annual Taxes

$11,692

Lot Details

0

Listing Details

  • Cross Street: MCDONALD & 54TH
  • Legal Info Range: 4e
  • Property Type: Land
  • Zoning: R43
  • Tax Year: 2015
  • Directions: Tatum to McDonald, east to 54th St, south to Solano , west to property on your left.
  • Lot Size Acres: 2.36
  • Road Surface Type: Asphalt
  • Subdivision Name: STONE CANYON
  • Tax Parcel Letter: 0
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

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

Utilities

  • Electric: APS
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 102627.0
  • Number Of Lots: 1
  • Additional Parcels: Yes
  • Parcel #: 172-47-086-0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11692.0
  • Tax Book Number: 172.00
  • Tax Lot: 29
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2023
Sold by
Hogan Joseph and Hogan Kate
Bought by
Joe And Kate Hogan Revocable Trust
Current Estimated Value
$5,409,307

Purchase Details

Listed on
Feb 2, 2021
Closed on
Apr 16, 2021
Sold by
Johnstan Ventures Llc
Bought by
Hogan Joseph and Hogan Kate
Seller's Agent
Dede Johnston
Realty ONE Group
Buyer's Agent
Jay Pennypacker
The Noble Agency
List Price
$4,100,000
Sold Price
$4,000,000
Premium/Discount to List
-$100,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%

Purchase Details

Listed on
Aug 4, 2016
Closed on
Nov 22, 2016
Sold by
Gray Bruce W
Bought by
Johnstan Ventures Llc
Seller's Agent
Barbara Gray
HomeSmart
Buyer's Agent
Dede Johnston
Realty ONE Group
List Price
$3,500,000
Sold Price
$3,200,000
Premium/Discount to List
-$300,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%

Purchase Details

Closed on
Mar 29, 2005
Sold by
The Lees Children Llc
Bought by
Gray Bruce W

Purchase Details

Closed on
Oct 15, 2001
Sold by
Lees Nicholas W
Bought by
The Lees Children Llc

Purchase Details

Closed on
Feb 19, 1998
Sold by
Lees Children Llc
Bought by
Lees Nicholas W and Lees Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
7.87%

Purchase Details

Closed on
Jul 2, 1996
Sold by
Jorishie Thomas M and Jorishie Katherine H
Bought by
Calvin David J and Calvin Anne K

Purchase Details

Closed on
Aug 10, 1994
Sold by
Jorishie Thomas M
Bought by
Lees Children L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
8.65%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed $4,000,000 First American Title Ins Co
Cash Sale Deed $3,200,000 Pioneer Title Agency Inc
Special Warranty Deed -- Security Title Agency
Quit Claim Deed -- --
Warranty Deed -- Security Title Agency
Cash Sale Deed $300,000 Nations Title Insurance
Warranty Deed $480,000 Network Escrow & Title Agenc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $2,300,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,900,000 Unknown
Previous Owner $500,000 Unknown
Previous Owner $2,200,000 Unknown
Previous Owner $610,000 No Value Available
Previous Owner $480,000 Seller Take Back
Previous Owner $195,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $4,000,000 0.0% --
03/01/2021 03/01/21 Price Changed $3,999,000 -2.5% --
02/02/2021 02/02/21 For Sale $4,100,000 0.0% --
12/10/2020 12/10/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $4,100,000 0.0% --
11/08/2020 11/08/20 Price Changed $4,100,000 -8.9% --
09/21/2020 09/21/20 Pending -- -- --
03/14/2020 03/14/20 For Sale $4,500,000 +40.6% --
11/29/2016 11/29/16 Sold $3,200,000 -8.6% --
09/30/2016 09/30/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $3,500,000 -- --
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 $9,570 $162,798 $162,798 --
2024 $9,438 $155,045 $155,045 --
2023 $9,438 $314,175 $314,175 $0
2022 $13,427 $227,800 $45,560 $182,240
2021 $14,912 $213,400 $42,680 $170,720
2020 $14,816 $212,000 $42,400 $169,600
2019 $14,305 $237,570 $47,510 $190,060
2018 $13,773 $218,680 $43,730 $174,950
2017 $13,232 $200,420 $40,080 $160,340
2016 $12,955 $182,200 $36,440 $145,760
2015 $11,692 $182,200 $36,440 $145,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5479284

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-47-086