NOT LISTED FOR SALE

5602 N Wilkinson Rd Unit 2 Paradise Valley, AZ 85253

Indian Bend Neighborhood

Estimated Value: $7,213,000 - $11,305,029

1.11 Acres
$8,218,627 Price per Acre
48,352 Sq Ft Lot

Last Sold August 01, 2018

Last sale price $1,325,000

Est. 589% increase in value since last sale

Current estimated payment $49,619/month

16 Days on Market

Highlights

  • 1.11 Acre Lot
  • Mountain View
  • No HOA
  • Kiva Elementary School Rated A
  • Corner Lot

About This Lot

As of August 2018

Seller is selling Lot with plans ready to be submitted to the Town of PV. Approx livable 8,700 ft. Lot line adjustment has been completed and recorded. 5602 N Wilkinson is now the corner lot. Lot next door is being built on. Buyer can buy Lot with plans and have builder build out or bring in their own builder.
Buyer to verify all information. See document tab for plans.

Last Agent to Sell the Property

Colleen Marotta

DPR Realty LLC License #SA580301000 Listed on: 06/06/2018

DPR Realty LLC

Last Buyer's Agent

Sharat Kanaka

West USA Realty License #SA672102000

West USA Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,387

Lot Details

  • 1.11 Acre Lot
  • Corner Lot
  • Property is zoned r-43

Property Views

  • Mountain Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 173-10-001-B

Property Details

Property Type

Land

Est. Annual Taxes

$5,387

Lot Details

0

Listing Details

  • Cross Street: Invergordon & Luke
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: r-43
  • Tax Year: 2017
  • Lot Size Acres: 1.11
  • Road Surface Type: Asphalt, Dedicated Street
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Corner Lot, Mountain View(s)
  • Other Structures: None

Utilities

  • Electric: Underground
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 0
  • Lot Size Sq Ft: 48803.0
  • Additional Parcels: No
  • Parcel #: 173-10-001-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5387.0
  • Tax Book Number: 173.00
  • Tax Lot: 2
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
5602 Wilkinson Llc
Bought by
5602 N Wilkinson Llc
Current Estimated Value
$9,122,676

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 16, 2018
Sold by
Silverleaf 3666 Llc
Bought by
5602 Wilkinson Llc
Seller's Agent
Colleen Marotta
DPR Realty LLC
Buyer's Agent
Sharat Kanaka
West USA Realty
List Price
$1,395,000
Sold Price
$1,325,000
Premium/Discount to List
-$70,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.15%
Original Mortgage
$910,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jul 20, 2018
Sold by
Celebrity Homes L L C
Bought by
Silverleaf 3666 Llc
Seller's Agent
Colleen Marotta
DPR Realty LLC
Buyer's Agent
Sharat Kanaka
West USA Realty
List Price
$1,395,000
Sold Price
$1,325,000
Premium/Discount to List
-$70,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2017
Sold by
Bingham Robert and Bingham Deborah
Bought by
Celebrity Homes Llc

Purchase Details

Closed on
Dec 23, 1996
Sold by
Brandt Eckard A and Brandt Randy W
Bought by
Bingham Robert R and Bingham Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
7.42%
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 Buyer Sale Price Title Company
5602 N Wilkinson Llc $7,000,000 Wfg National Title Ins Co
5602 Wilkinson Llc -- Chicago Title Agency Inc
Silverleaf 3666 Llc $1,325,000 Chicago Title Agency Inc
Celebrity Homes Llc $958,000 Fidelity National Title Agen
Bingham Robert R $475,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silverleaf 3666 Llc $910,000
Previous Owner Bingham Robert R $445,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $1,325,000 -5.0% --
06/22/2018 06/22/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $1,395,000 -- --
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 $15,021 $255,509 -- --
2024 $14,814 $243,342 -- --
2023 $14,814 $494,010 $98,800 $395,210
2022 $14,210 $329,430 $65,880 $263,550
2021 $6,964 $142,520 $28,500 $114,020
2020 $5,109 $122,505 $122,505 $0
2019 $4,933 $106,395 $106,395 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Colleen Marotta

    DPR Realty

    (602) 565-9970

    10 Total Sales

    Colleen Marotta
    Section Image

  • S

    Buyer's Agent in 2018

    Sharat Kanaka

    West USA Realty

    (480) 709-9369

    1 in this area

    12 Total Sales

    Sharat Kanaka
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5776304

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-10-047

Arizona Maricopa County Paradise Valley 85253 Indian Bend

5602 N Wilkinson Rd Unit 2, Paradise Valley, AZ

This home is located at 5602 N Wilkinson Rd Unit 2, Paradise Valley, AZ 85253 since 06 June 2018 and is currently estimated at $9,122,676. 5602 N Wilkinson Rd Unit 2 is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro High School.

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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