NOT LISTED FOR SALE

Estimated Value: $5,266,000 - $7,312,000

1.17 Acres
$5,375,214 Price per Acre
50,965 Sq Ft Lot

Last Sold March 25, 2024

Last sale price $4,500,000

Est. 40% increase in value since last sale

Current estimated payment $35,610/month

8 Days on Market

Highlights

  • 1.17 Acre Lot
  • Mountain View
  • Level Lot
  • Kiva Elementary School Rated A
  • No HOA

About This Lot

As of March 2024

Undoubtedly the best 1.17 acre lot - on or off the market - in Paradise Valley! The last available lot located on one of PV's most desirable streets, the property's build and landscape-friendly rectangular lot welcome unparalleled, unobstructed views of Camelback Mountain and the Monk. Ideal location ensures total privacy yet provides easy access to PV's main attractions, including the Ritz Carlton, and primary arterials. Unique secondary flag access off Badgett Lane ready for use as guest or maintenance entrance. Lot is build ready, with pad prep complete. There has not been a lot available like this. And there won't be another. It won't last long!

Last Agent to Sell the Property

Katrina Barrett

Walt Danley Local Luxury Christie's International Real Estate Brokerage Phone: 520-403-5270 License #BR578628000 Listed on: 02/05/2024

Walt Danley Local Luxury Christie's International Real Estate

Co-Listed By

Walt Danley

Walt Danley Local Luxury Christie's International Real Estate Brokerage Phone: 520-403-5270 License #SA016756000

Last Buyer's Agent

Nicholas Toon

RETSY License #SA677990000

RETSY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,016

Lot Details

  • 1.17 Acre Lot
  • Level Lot
  • Property is zoned R-43

Property Views

  • Mountain Views

Schools

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

Community Details

  • No Home Owners Association
  • Armageddon 2 Lot Line Adj Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 173-09-124

Property Details

Property Type

Land

Est. Annual Taxes

$5,016

Lot Details

0

Listing Details

  • Cross Street: N Wilkinson Rd & E Badgette Ln
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: Level
  • Zoning: R-43
  • Tax Year: 2022
  • Attribution Contact: 520-403-5270
  • Lot Size Acres: 1.17
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: katr001
  • Co List Office Phone: 480-450-1518
  • Subdivision Name: ARMAGEDDON 2 LOT LINE ADJ
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s)
  • Disclosures: ALTA Survey Alba
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City 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: rectangular lot
  • Lot Size Sq Ft: 51008.0
  • Additional Parcels: No
  • Parcel #: 173-09-124

Tax Info

  • Tax Annual Amount: 5016.0
  • Tax Book Number: 173.00
  • Tax Lot: 1
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 26, 2024
Sold by
Mdr Ventures Iv Llc
Bought by
5704 N Wilkinson Rd Llc and 5704 North Wilkinson Road Holdings Llc
Seller's Agent
Katrina Barrett
Walt Danley Local Luxury Christie's International Real Estate
Buyer's Agent
Nicholas Toon
RETSY
List Price
$4,500,000
Sold Price
$4,500,000
Total Days on Market
8
Views
27
Current Estimated Value
$6,289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,789,000
Avg. Annual Appreciation
32.17%
Original Mortgage
$6,156,000
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 17, 2022
Sold by
Clayton and Clayton Meghan Armstrong
Bought by
Mdr Ventures Iv Llc

Purchase Details

Listed on
Nov 28, 2020
Closed on
Dec 30, 2020
Sold by
9351 Payson Llc
Bought by
Armstrong Clayton Matthew and Armstrong Meghan Erin
Seller's Agent
Tricia Cormie
Russ Lyon Sotheby's International Realty
Buyer's Agent
Walt Danley
Walt Danley Local Luxury Christie's International Real Estate
List Price
$2,300,000
Sold Price
$1,875,000
Premium/Discount to List
-$425,000
-18.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.33%

Purchase Details

Closed on
Dec 6, 2017
Sold by
Koch Larry E and Koch Meghan A
Bought by
9351 Payson Llc

Purchase Details

Closed on
Sep 29, 2016
Sold by
Weak Brendan
Bought by
9351 Payson Llc
Source: Public Records

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Range of Values:

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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
5704 N Wilkinson Rd Llc $4,500,000 Premier Title Agency
Mdr Ventures Iv Llc -- --
Armstrong Clayton Matthew $1,875,000 Fidelity Natl Ttl Agcy Inc
9351 Payson Llc $30,000 Fidelity National Title Agen
9351 Payson Llc $1,020,000 Fidelity Natl Title Agency I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 5704 N Wilkinson Rd Llc $6,156,000
Closed 9351 Payson Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $4,500,000 0.0% --
02/05/2024 02/05/24 For Sale $4,500,000 +140.0% --
12/31/2020 12/31/20 Sold $1,875,000 -18.5% --
11/28/2020 11/28/20 For Sale $2,300,000 -- --
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 $5,303 $90,199 $90,199 --
2024 $5,229 $85,903 $85,903 --
2023 $5,229 $193,515 $193,515 $0
2022 $5,016 $143,040 $143,040 $0
2021 $5,333 $150,195 $150,195 $0
2020 $5,299 $127,185 $127,185 $0
2019 $5,115 $110,340 $110,340 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6659836

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-09-124