NOT LISTED FOR SALE

5748 E Mockingbird Ln Unit 1 Paradise Valley, AZ 85253

Estimated Value: $7,866,000 - $8,856,000

4.72 Acres
$1,785,692 Price per Acre
205,603 Sq Ft Lot

Last Sold April 26, 2021

Last sale price $5,225,000

Est. 61% increase in value since last sale

Current estimated payment $46,293/month

152 Days on Market

Highlights

  • Horses Allowed On Property
  • 4.72 Acre Lot
  • Corner Lot
  • Cherokee Elementary School Rated A
  • Mountain View
  • No HOA

About This Lot

As of April 2021

FABULOUS....BUYERS ADVANTAGE PRICE REDUCTION OF $755,000.00 DOLLARS! Approx. 5 Acre Scenic Lot With Panoramic Mountain Views Ready To Build A Dream Luxury Home Or Mansion . This Lot Is FLAT Which Makes For Quicker & Easier Build.... With The Most Desirable North / South Exposure. This Is An Exceptional Location That Provides The Option To Have 2 Entrances...One Mockingbird Lane And One In The Cul-De-Sac On 58th PL. The Panoramic Mountain Views Of Mummy Mountain And The Phoenix Mountain Preserve Doesn't Get Any Better Than This Lot. The Boundary & Topographic Survey Has Been Completed And Is Available For Review. And Finally ....A Highly Coveted Feature With The Lot.....It has It's Own Water Well. PLUS This Lot Is Located In The High Demand Cherokee, Cocopah and Chaparral School District.

Last Agent to Sell the Property

Alan Ripa

Realty Executives Arizona Territory License #BR007240000 Listed on: 10/09/2020

Realty Executives Arizona Territory

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,272

Lot Details

  • 4.72 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Chain Link Fence
  • Corner Lot
  • Property is zoned R-43

Schools

  • Cherokee Elementary School
  • Cocopah Middle School
  • Chaparral High School

Additional Features

  • Mountain Views
  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Mummy Mountain Estates Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 168-64-932

Property Details

Property Type

Land

Est. Annual Taxes

$19,272

Lot Details

0

Listing Details

  • Cross Street: 56TH STREET & MOCKINGBIRD LANE
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Topography: {"Level":true}
  • Zoning: R-43
  • Tax Year: 2020
  • Directions: From Tatum, TAKE Doubletree Ranch Road...THEN EAST to 56th Street. THEN NORTH to Mockingbird Lane, EAST to property. Property is on NORTH SIDE of Mockingbird Lane.
  • Horses: Yes
  • Lot Size Acres: 4.72
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: MUMMY MOUNTAIN ESTATES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: Cul-De-Sac, Corner Lot, Dual Street Ftg, Mountain View(s), North/South Exp
  • Disclosures: Boundary Survey Avlb
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 205708.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 168-64-932
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19272.0
  • Tax Book Number: 168.00
  • Tax Lot: 1
  • Tax Map Number: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Apr 21, 2021
Sold by
Gerdts Mary Lynn and Mckinney Douglas Randolph
Bought by
Golden Stitch Ventures Llc
Seller's Agent
Alan Ripa
Realty Executives Arizona Territory
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$5,995,000
Sold Price
$5,225,000
Premium/Discount to List
-$770,000
-12.84%
Current Estimated Value
$8,428,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,203,468
Avg. Annual Appreciation
11.37%
Source: Public Records

Range of Values:

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Average Value
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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
Golden Stitch Ventures Llc $5,225,000 Landmark Ttl Assurance Agcy
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $5,225,000 -12.8% --
04/02/2021 04/02/21 For Sale $5,995,000 0.0% --
04/02/2021 04/02/21 Price Changed $5,995,000 0.0% --
10/08/2020 10/08/20 For Sale $5,995,000 -- --
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 $19,286 $328,063 $328,063 --
2024 $19,020 $312,441 $312,441 --
2023 $19,020 $508,755 $508,755 $0
2022 $18,245 $436,035 $436,035 $0
2021 $19,395 $452,760 $452,760 $0
2020 $19,272 $452,760 $452,760 $0
2019 $18,606 $400,785 $400,785 $0
2018 $17,915 $386,730 $386,730 $0
2017 $17,210 $361,035 $361,035 $0
2016 $16,851 $315,630 $315,630 $0
Source: Public Records

Agents Affiliated with this Home

  • Alan Ripa

    Seller's Agent in 2021

    Alan Ripa

    Realty Executives

    (480) 998-0676

    1 in this area

    8 Total Sales

    Alan Ripa
    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6144036

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-64-932

Arizona Maricopa County Paradise Valley 85253

5748 E Mockingbird Ln Unit 1, Paradise Valley, AZ

This home is located at 5748 E Mockingbird Ln Unit 1, Paradise Valley, AZ 85253 since 09 October 2020 and is currently estimated at $8,428,468. 5748 E Mockingbird Ln Unit 1 is a home located in Maricopa County with nearby schools including Cherokee Elementary School, Cocopah Middle School, and Chaparral 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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