$1,875,000
SOLD DEC 31, 2020

5704 N Wilkinson Rd Unit 1 Paradise Valley, AZ 85253

Indian Bend Neighborhood
1.17 Acres
$1,602,564 Price per Acre
50,965 Sq Ft Lot

Recently Sold

18% Below List Price

16 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

This 1.17 acres has captivating views of both Camelback Mountain and the Praying Monk with unmatched proximity to cosmopolitan dining, shopping and the new RItz Carlton. The purchase of this homesite will have an exclusive build with West Construction & Development. Inspiring renderings of Mark Candelaria designed homes are available with the builder and ready for City permits with three different renderings- Santa Barbara, Contemporary or Modern Farmhouse or create your own dream home. You will revel in the craftmanship of builder West Construction & Development, Arizona's luxury custom home builder since 1986.

Last Agent to Sell the Property

Tricia Cormie

Russ Lyon Sotheby's International Realty License #SA116996000 Listed on: 11/28/2020

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Walt Danley

Walt Danley Local Luxury Christie's International Real Estate License #SA016756000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,299

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

Listing and Financial Details

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

Property Details

Property Type

Land

Est. Annual Taxes

$5,299

Lot Details

0

Listing Details

  • Cross Street: Invergordon and McDonald
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Plans Available
  • Topography: Level
  • Zoning: R-43
  • Tax Year: 2020
  • Directions: South on Invergordon Road to Luke Ave. Turn East on Luke Ave. and north on Wilkinson. (Property also has access from Badget)
  • Lot Size Acres: 1.17
  • Road Surface Type: Asphalt
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: See Remarks, Mountain View(s)
  • Disclosures: None
  • 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: 328x161
  • Lot Size Sq Ft: 51008.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 173-09-124
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5299.0
  • 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
Views
27
Current Estimated Value
$5,728,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,228,500
Avg. Annual Appreciation
27.91%
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
30.17%

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

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 $4,500,000 Premier Title Agency
Special Warranty Deed -- --
Warranty Deed $1,875,000 Fidelity Natl Ttl Agcy Inc
Warranty Deed $30,000 Fidelity National Title Agen
Cash Sale Deed $1,020,000 Fidelity Natl Title Agency I
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $6,156,000 Credit Line Revolving
Closed $0 Future Advance Clause Open End Mortgage
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

  • Katrina Barrett

    Seller's Agent in 2024

    Katrina Barrett

    Walt Danley Local Luxury Christie's International Real Estate

    (520) 403-5270

    61 in this area

    448 Total Sales

    Section Image
  • Walt Danley

    Seller Co-Listing Agent in 2024

    Walt Danley

    Walt Danley Local Luxury Christie's International Real Estate

    (602) 300-1020

    6 in this area

    31 Total Sales

    Section Image
  • Nicholas Toon

    Buyer's Agent in 2024

    Nicholas Toon

    RETSY

    (480) 602-3888

    17 in this area

    82 Total Sales

    Section Image
  • Tricia Cormie

    Seller's Agent in 2020

    Tricia Cormie

    Russ Lyon Sotheby's International Realty

    (602) 359-6988

    7 in this area

    81 Total Sales

    Section Image

  • W

    Buyer's Agent in 2020

    Walter Danley

    Walt Danley Realty, LLC

  • W

    Buyer's Agent in 2020

    Walter ABR

    Coldwell Banker Success Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6165609

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-09-124

Arizona Maricopa County Paradise Valley 85253 Indian Bend

5704 N Wilkinson Rd Unit 1, Paradise Valley, AZ

This home is located at 5704 N Wilkinson Rd Unit 1, Paradise Valley, AZ 85253 and is currently priced at $1,875,000. 5704 N Wilkinson Rd Unit 1 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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