NOT LISTED FOR SALE

5456 E Lafayette Blvd Unit 142 Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $2,267,000 - $2,476,000

0.58 Acre
$4,080,548 Price per Acre
25,265 Sq Ft Lot

Last Sold January 20, 2023

Last sale price $1,575,000

Est. 50% increase in value since last sale

Current estimated payment $12,995/month

95 Days on Market

Highlights

  • 0.58 Acre Lot
  • Mountain View
  • No HOA
  • Hopi Elementary School Rated A

About This Lot

As of January 2023

Located on the highly desirable Lafayette Blvd in the heart of Arcadia Proper, this property has endless potential. Move in as-is, do a small or extensive remodel, or tear down this 4 bed/3 bath home to build your dream home! Sitting on just over half an acre of land with unobstructed views of Camelback Mountain and within minutes to all Scottsdale & Phoenix have to offer, this is an opportunity you don't want to miss!

Last Agent to Sell the Property

Trevor Halpern

eXp Realty License #SA641502000 Listed on: 09/22/2022

eXp Realty

Last Buyer's Agent

Brent Nardecchia

RETSY License #SA563154000

RETSY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,264

Lot Details

  • 0.58 Acre Lot
  • Block Wall Fence
  • Property is zoned R-24

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia High School

Additional Features

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

Community Details

  • No Home Owners Association
  • Del Ray Estates 8 Subdivision

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number 172-41-052

Property Details

Property Type

Land

Est. Annual Taxes

$7,264

Lot Details

0

Listing Details

  • Cross Street: Lafayette Blvd & 56th St.
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R-24
  • Tax Year: 2021
  • Lot Size Acres: 0.58
  • Subdivision Name: DEL RAY ESTATES 8
  • 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: Block
  • Lot Features: North/South Exp
  • View: Mountain(s)
  • Disclosures: None
  • Other Structures: Residence

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hopi Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: 130' x 185'
  • Lot Size Sq Ft: 25216.0
  • Additional Parcels: No
  • Parcel #: 172-41-052
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7264.0
  • Tax Book Number: 172.00
  • Tax Lot: 142
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2023
Sold by
High Place Investments Llc
Bought by
5456 E Lafayette Llc
Current Estimated Value
$2,366,718

Purchase Details

Listed on
Sep 22, 2022
Closed on
Jan 20, 2023
Sold by
Smith Steven D
Bought by
High Place Investments Llc
Seller's Agent
Trevor Halpern
eXp Realty
Buyer's Agent
Brent Nardecchia
RETSY
List Price
$1,950,000
Sold Price
$1,575,000
Premium/Discount to List
-$375,000
-19.23%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%
Original Mortgage
$1,200,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2021
Sold by
Smith Mary Catherine
Bought by
Smith Mary Catherine and Smith Steven D

Purchase Details

Closed on
Jul 22, 2016
Sold by
Smith Darrell Dean and Smith Mary Catherine
Bought by
Smith Darrell Dean and Smith Mary Catherine

Purchase Details

Closed on
Jul 26, 2001
Sold by
Smith Darrell Dean and Smith Mary Catherine
Bought by
Smith Darrell D and Smith Mary C
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
5456 E Lafayette Llc -- None Listed On Document
High Place Investments Llc $1,575,000 Premier Title
Smith Mary Catherine -- None Listed On Document
Smith Darrell Dean -- None Available
Smith Darrell D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner High Place Investments Llc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $1,575,000 -10.0% --
10/28/2022 10/28/22 Price Changed $1,750,000 -9.1% --
10/20/2022 10/20/22 Price Changed $1,925,000 -1.3% --
09/19/2022 09/19/22 For Sale $1,950,000 -- --
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 $8,454 $102,723 -- --
2024 $7,911 $80,636 -- --
2023 $7,911 $134,730 $26,940 $107,790
2022 $6,988 $103,380 $20,670 $82,710
2021 $7,264 $100,000 $20,000 $80,000
2020 $7,148 $89,450 $17,890 $71,560
2019 $6,858 $89,460 $17,890 $71,570
2018 $6,572 $82,710 $16,540 $66,170
2017 $6,291 $84,920 $16,980 $67,940
2016 $6,113 $77,000 $15,400 $61,600
2015 $5,554 $73,630 $14,720 $58,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6466182

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-41-052