NOT LISTED FOR SALE

5719 E Starlight Way Unit 18 Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $4,882,000 - $6,558,000

2.97 Acres
$1,952,787 Price per Acre
129,373 Sq Ft Lot

Last Sold July 27, 2021

Last sale price $4,200,000

Est. 38% increase in value since last sale

Current estimated payment $31,832/month

158 Days on Market

Highlights

  • City Lights View
  • 2.97 Acre Lot
  • Garage
  • Kiva Elementary School Rated A
  • No HOA

About This Lot

As of July 2021

Your chance to own one of the best lots in Paradise Valley! Located on the north side of Camelback mountain, this large lot (just under 3 acres) is located in prestigious Cameldale Properties and ready for the home of your dreams. Expansive views of Mummy Mountain, McDowell Mountains and more. Tons of privacy in a prime location. Walking distance to the award winning Sanctuary Hotel & Spa.

Last Agent to Sell the Property

Jennifer Kourouglos

Compass License #SA640623000 Listed on: 06/10/2021

Compass

Co-Listed By

Samantha Moore

Compass License #SA652210000

Last Buyer's Agent

Jennifer Kourouglos

Compass License #SA640623000 Listed on: 06/10/2021

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,560

Year Built

  • 1954

Lot Details

  • 2.97

Parking

  • Garage

Property Views

  • City Lights
  • Mountain

Additional Features

  • North or South Exposure
  • 2.97 Acre Lot
  • Residence on Property

Community Details

  • No Home Owners Association
  • Cameldale Properties Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 172-02-020-A

Property Details

Property Type

Land

Est. Annual Taxes

$16,560

Year Built

1954

Lot Details

0

Listing Details

  • Cross Street: McDonald & Dragoon
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: Steep Sloping, Mountainous, Hillside, Gentle Sloping
  • Zoning: Residential
  • Tax Year: 2015
  • Directions: East on McDonald from Tatum. Right onto Dragoon, take dragoon up the mountain to Starlight, make left and driveway will be on the right hand side.
  • Lot Size Acres: 2.97
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: CAMELDALE PROPERTIES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1954

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: City Light View(s), Mountain View(s), North/South Exp
  • Disclosures: Other (See Rmks), Seller Prop Disc Stm
  • Other Structures: Garage(s), Residence

Garage/Parking

  • Existing Structures:Garage(s): Yes

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: W:567xN:250xE:38xS:300
  • Lot Size Sq Ft: 126549.0
  • Additional Parcels: No
  • Parcel #: 172-02-020-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16560.0
  • Tax Book Number: 172.00
  • Tax Lot: 18
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jun 25, 2021
Sold by
Starlight Camelback Llc
Bought by
Spectrum Investments Llc
Seller's Agent
Jennifer Kourouglos
Compass
Buyer's Agent
Jennifer Kourouglos
Compass
List Price
$4,395,000
Sold Price
$4,200,000
Premium/Discount to List
-$195,000
-4.44%
Total Days on Market
158
Current Estimated Value
$5,799,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,599,778
Avg. Annual Appreciation
8.77%
Original Mortgage
$2,940,000
Outstanding Balance
$2,698,553
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$3,101,225

Purchase Details

Closed on
Apr 24, 2006
Sold by
Pickrell Barbara M
Bought by
Starlight Camelback Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,350,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Spectrum Investments Llc $4,200,000 Chicago Title Agency Inc
Spectrum Investments Llc $4,200,000 Chicago Title Agency
Starlight Camelback Llc $5,800,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spectrum Investments Llc $2,940,000
Closed Spectrum Investments Llc $2,940,000
Previous Owner Starlight Camelback Llc $4,350,000
Previous Owner Starlight Camelback Llc $4,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $4,200,000 -4.4% --
06/10/2021 06/10/21 Price Changed $4,395,000 0.0% --
02/27/2021 02/27/21 Pending -- -- --
09/22/2020 09/22/20 For Sale $4,395,000 -- --
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 $12,639 $214,997 -- --
2024 $14,263 $234,301 -- --
2023 $14,263 $342,120 $68,420 $273,700
2022 $13,082 $266,720 $53,340 $213,380
2021 $14,545 $254,150 $50,830 $203,320
2020 $14,452 $192,760 $38,550 $154,210
2019 $15,634 $211,720 $42,340 $169,380
2018 $15,053 $228,250 $45,650 $182,600
2017 $14,461 $186,580 $37,310 $149,270
2016 $17,454 $269,210 $53,840 $215,370
2015 $16,560 $269,210 $53,840 $215,370
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jennifer Kourouglos

    Compass

    (480) 776-1555

    18 in this area

    113 Total Sales

    Jennifer Kourouglos
    Section Image
  • Samantha Moore

    Seller Co-Listing Agent in 2021

    Samantha Moore

    Compass

    (480) 263-0992

    21 in this area

    106 Total Sales

    Samantha Moore
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6135789

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-02-020A

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

5719 E Starlight Way Unit 18, Paradise Valley, AZ

This home is located at 5719 E Starlight Way Unit 18, Paradise Valley, AZ 85253 since 10 June 2021 and is currently estimated at $5,799,778. This property was built in 1954. 5719 E Starlight Way Unit 18 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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