NOT LISTED FOR SALE

5740 N Yucca Rd Unit 2 Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $5,520,000

5 Acres
$1,104,000 Price per Acre
217,800 Sq Ft Lot

Last Sold June 15, 2018

Last sale price $7,500,000

Est. 26% decrease in value since last sale

Current estimated payment $37,092/month

191 Days on Market

Highlights

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

About This Lot

As of June 2018

An incredibly rare, Once-in-a-Lifetime opportunity for your discerning buyer. THE most stunning lot in THE most coveted location in all of Paradise Valley. An absolutely idyllic setting with Camelback Mountain as its un-disturbable backdrop. This flat 5 acre parcel offers endless options to create what would truly be a Dream Estate. Experience the unmatched serenity and elegance of this parcel. Nothing like this is, or will be available again.

Last Agent to Sell the Property

Joseph Scalia

Realty Executives License #SA530305000 Listed on: 10/25/2017

Realty Executives

Last Buyer's Agent

Christina Mooney

Realty Executives License #SA566243000

Realty Executives

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27,700

Year Built

  • 2020

Lot Details

  • 5 Acre Lot
  • Block Wall Fence
  • Property is zoned R-175

Property Views

  • City Lights
  • Mountain

Schools

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

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Bisgrove Lot Split Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 172-01-028

Property Details

Property Type

Land

Est. Annual Taxes

$27,700

Year Built

2020

Lot Details

0

Listing Details

  • Cross Street: McDonald Dr & Invergordon
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R-175
  • Tax Year: 2016
  • Directions: West on McDonald from Invergordon. South on Yucca to property on right.
  • Lot Size Acres: 5.0
  • Subdivision Name: BISGROVE LOT SPLIT
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Exterior Features

  • Fencing: Block
  • Lot Features: City Light View(s), Mountain View(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Private Franchise, Domestic Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: REGULAR
  • Lot Size Sq Ft: 217973.0
  • Additional Parcels: No
  • Parcel #: 172-01-028
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 27700.0
  • Tax Book Number: 172.00
  • Tax Lot: 2
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Jun 5, 2018
Sold by
Yucca Road Investments Llc
Bought by
Drop Cap Properties Llc
Seller's Agent
Joseph Scalia
Realty Executives
Buyer's Agent
Christina Mooney
Realty Executives
List Price
$9,650,000
Sold Price
$7,500,000
Premium/Discount to List
-$2,150,000
-22.28%
Total Days on Market
191
Current Estimated Value
$5,520,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,980,000
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Nov 4, 2014
Sold by
Stardust Reif #1 Llc
Bought by
Yucca Road Investments Llc

Purchase Details

Closed on
May 6, 2013
Sold by
Bisgrove Gerald
Bought by
Stardust Reif #1 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
Drop Cap Properties Llc $7,500,000 First American Title Insuran
Yucca Road Investments Llc $5,600,000 Stewart Title & Trust Of Pho
Stardust Reif #1 Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $7,500,000 -10.4% --
05/04/2018 05/04/18 Price Changed $8,375,000 -13.2% --
10/25/2017 10/25/17 For Sale $9,650,000 -- --
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 $73,270 $1,246,343 -- --
2024 $72,259 $1,186,993 -- --
2023 $72,259 $1,983,280 $396,650 $1,586,630
2022 $53,920 $1,250,010 $250,000 $1,000,010
2021 $35,772 $732,050 $146,410 $585,640
2020 $31,680 $830,970 $830,970 $0
2019 $30,585 $811,725 $811,725 $0
2018 $29,450 $784,350 $784,350 $0
2017 $28,291 $652,335 $652,335 $0
2016 $27,700 $578,940 $578,940 $0
2015 $28,034 $627,072 $627,072 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Scalia

    Seller's Agent in 2018

    Joseph Scalia

    Realty Executives

    (480) 650-8948

    14 in this area

    27 Total Sales

    Joseph Scalia
    Section Image
  • Christina Mooney

    Buyer's Agent in 2018

    Christina Mooney

    Realty Executives

    (602) 538-5106

    1 in this area

    59 Total Sales

    Christina Mooney
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5678936

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-01-028

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

5740 N Yucca Rd Unit 2, Paradise Valley, AZ

This home is located at 5740 N Yucca Rd Unit 2, Paradise Valley, AZ 85253 since 25 October 2017 and is currently estimated at $5,520,000. This property was built in 2020. 5740 N Yucca 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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