NOT LISTED FOR SALE

5366 E Road Runner Rd Unit 1 Paradise Valley, AZ 85253

Estimated Value: $6,930,000 - $8,698,558

1.2 Acres
$6,643,488 Price per Acre
52,272 Sq Ft Lot

Last Sold July 25, 2017

Last sale price $1,200,000

Est. 564% increase in value since last sale

Current estimated payment $42,965/month

61 Days on Market

Highlights

  • City Lights View
  • Corner Lot
  • Gentle Sloping Lot
  • Kiva Elementary School Rated A
  • No HOA

About This Lot

As of July 2017

Stunning view lot in the heart of Paradise Valley near the Paradise Valley Country Club and Camelback Inn. Beautiful area and street. You can use your own builder too! Home can be connected to sewer according to Town of Paradise Valley.

Last Agent to Sell the Property

Carol Christiansen

Realty ONE Group License #SA020998000 Listed on: 07/14/2017

Realty ONE Group

Last Buyer's Agent

Thomas Oleary

Russ Lyon Sotheby's International Realty License #SA650599000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,247

Lot Details

  • 1.2 Acre Lot
  • Corner Lot
  • Gentle Sloping Lot
  • Property is zoned R-43

Schools

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

Additional Features

  • City Lights Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Longtail Run 2 Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 169-06-110

Property Details

Property Type

Land

Est. Annual Taxes

$7,247

Lot Details

1.2 Acres

Listing Details

  • Cross Street: TATUM AND ROADRUNNER
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Topography: Gentle Sloping
  • Zoning: R-43
  • Tax Year: 2015
  • Horses: No
  • Lot Size Acres: 1.2
  • Road Surface Type: Asphalt
  • Subdivision Name: LONGTAIL RUN 2
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Corner Lot, City Light View(s), North/South Exp, Adjacent to Wash
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: 255'x205'
  • Lot Size Sq Ft: 52342.0
  • Additional Parcels: No
  • Parcel #: 169-06-110
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7247.0
  • Tax Book Number: 169.00
  • Tax Lot: 1
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Jun 15, 2017
Sold by
Christiansen Residential Investments Llc
Bought by
Ringel Jeremy and Ringel Rafal
Seller's Agent
Carol Christiansen
Realty ONE Group
Buyer's Agent
Thomas Oleary
Russ Lyon Sotheby's International Realty
List Price
$1,290,000
Sold Price
$1,200,000
Premium/Discount to List
-$90,000
-6.98%
Current Estimated Value
$7,972,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,772,186
Avg. Annual Appreciation
24.47%
Original Mortgage
$960,000
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Ringel Jeremy $1,200,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ringel Jeremy $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2017 07/25/17 Sold $1,200,000 -7.0% --
07/14/2017 07/14/17 For Sale $1,290,000 0.0% --
07/14/2017 07/14/17 Price Changed $1,290,000 0.0% --
05/22/2017 05/22/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $1,290,000 -- --
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 $17,818 $289,266 -- --
2024 $16,800 $275,491 -- --
2023 $16,800 $488,360 $97,670 $390,690
2022 $16,117 $395,510 $79,100 $316,410
2021 $17,127 $349,970 $69,990 $279,980
2020 $8,028 $152,470 $30,490 $121,980
2019 $7,913 $144,720 $144,720 $0
2018 $7,615 $167,145 $167,145 $0
2017 $7,315 $150,975 $150,975 $0
2016 $7,112 $142,815 $142,815 $0
2015 $7,247 $121,376 $121,376 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5580214

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-06-110

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