$850,000
SOLD OCT 15, 2014
0.73 Acre
$1,164,384 Price per Acre
31,799 Sq Ft Lot

Recently Sold

$505 Per Sq Ft

11% Below List Price

62 Days on Market

Highlights

  • 0.73 Acre Lot
  • Mountain View
  • No HOA
  • Hopi Elementary School Rated A
  • Corner Lot
  • Shed

About This Lot

As of September 2020

Location! Location! Location! Fantastic 0.73 acre lot with breathtaking Camelback Mountain views located on the highly coveted Exeter Boulevard in Arcadia. This charming 3 bedroom 2 bath home has been well maintained over the years and is ready for a new owner. Tons of options for this rare find! Investors Welcome. Tear down and build your dream home, add a guest house, remodel existing home, add a pool & tennis court, the list goes on. Workshop/Shed has air conditioning and electricity. Slate roof. Private Arcadia Water for flood irrigation. Citrus Trees Galore. Prime location just minutes from Scottsdale Fashion Square, Old Town, The Biltmore, and several Golf Clubs & Resorts.

Last Agent to Sell the Property

Cathleen Martinez

HomeSmart License #BR035909000 Listed on: 07/15/2014

HomeSmart

Last Buyer's Agent

Cathleen Edger

HomeSmart License #BR035909000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,115

Lot Details

  • 0.73 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Level Lot
  • Property is zoned R-24

Parking

  • Garage

Schools

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

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 172-42-047-P

Community Details

Overview

  • No Home Owners Association
  • N 268F Of W 168F Of Nw4 Sw4 Sw4 Ex N & W 33F Rd Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$3,115

Lot Details

0

Listing Details

  • Cross Street: 56th St & Camelback Rd
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: Level
  • Zoning: R-24
  • Tax Year: 2013
  • Directions: South on 56th St to house on corner of SE corner of Exeter Blvd & 56th St.
  • Horses: No
  • Lot Size Acres: 0.73
  • Road Surface Type: Asphalt
  • Subdivision Name: N 268F OF W 168F OF NW4 SW4 SW4 EX N & W 33F RD
  • Tax Parcel Letter: P
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: Garage(s), Shed(s), Residence

Garage/Parking

  • Existing Structures:Garage(s): Yes

Utilities

  • Electric: SRP, Underground, Individual Meter
  • Water Source: Domestic Well, Irrigation - Sprnkld

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: 238.16 x 135
  • Lot Size Sq Ft: 31712.0
  • Additional Parcels: No
  • Parcel #: 172-42-047-P
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3114.92
  • Tax Book Number: 172.00
  • Tax Lot: 0
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2020
Closed on
Sep 15, 2020
Sold by
Hedley Anthony K and Hedley Jennifer A
Bought by
Calnon David and Calnon Criselda
Seller's Agent
Beth Thompson
Compass
Buyer's Agent
Richard Barker
Keller Williams Arizona Realty
List Price
$3,795,000
Sold Price
$3,500,000
Premium/Discount to List
-$295,000
-7.77%
Current Estimated Value
$6,604,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,104,000
Avg. Annual Appreciation
13.48%
Original Mortgage
$2,450,000
Outstanding Balance
$2,174,213
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$4,429,787

Purchase Details

Closed on
Mar 29, 2017
Sold by
Hedley Anthony K and Hedley Jennifer
Bought by
Hedley Anthony K and Hedley Jennifer A

Purchase Details

Closed on
Sep 10, 2016
Sold by
Vg Exeter Llc
Bought by
Hedley Anthony K and Hedley Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2014
Closed on
Oct 6, 2014
Sold by
Boos Betty Kathleen
Bought by
Vg Exeter Llc
Seller's Agent
Cathleen Martinez
HomeSmart
Buyer's Agent
Cathleen Martinez
HomeSmart
List Price
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.55%

Purchase Details

Closed on
Jan 22, 1997
Sold by
Boos Gene W
Bought by
Boos Gene W and Boos Betty Kathleen

Purchase Details

Closed on
Mar 22, 1995
Sold by
Kennedy William R and Boos Betty K
Bought by
Boos Betty K
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
Warranty Deed $3,500,000 True North Title Agency
Interfamily Deed Transfer -- None Available
Warranty Deed $3,575,000 Stewart Title Arizona Agency
Cash Sale Deed $850,000 Old Republic Title Agency
Gift Deed -- --
Gift Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,450,000 New Conventional
Previous Owner $2,500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $3,500,000 -1.4% $462 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/23/2020 06/23/20 Price Changed $3,550,000 -6.5% $469 / Sq Ft
04/07/2020 04/07/20 For Sale $3,795,000 +346.5% $501 / Sq Ft
10/15/2014 10/15/14 Sold $850,000 0.0% $505 / Sq Ft
10/15/2014 10/15/14 Sold $850,000 0.0% $500 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
09/15/2014 09/15/14 Pending -- -- --
09/04/2014 09/04/14 Price Changed $850,000 -10.5% $500 / Sq Ft
07/15/2014 07/15/14 For Sale $950,000 0.0% $564 / Sq Ft
07/11/2014 07/11/14 Price Changed $950,000 -13.6% $558 / Sq Ft
05/13/2014 05/13/14 For Sale $1,100,000 -- $647 / 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 $18,478 $242,739 -- --
2024 $18,095 $231,180 -- --
2023 $18,095 $357,780 $71,550 $286,230
2022 $17,331 $283,280 $56,650 $226,630
2021 $17,984 $281,610 $56,320 $225,290
2020 $17,710 $250,810 $50,160 $200,650
2019 $17,024 $236,280 $47,250 $189,030
2018 $16,348 $223,360 $44,670 $178,690
2017 $15,683 $219,060 $43,810 $175,250
2016 $3,663 $53,925 $53,925 $0
2015 $3,323 $40,620 $8,120 $32,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5144738

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-42-047P