NOT LISTED FOR SALE

5801 N Yucca Rd Unit 3 Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $6,973,000 - $8,787,000

4.44 Acres
$1,773,326 Price per Acre
193,406 Sq Ft Lot

Last Sold May 28, 2020

Last sale price $4,100,000

Est. 92% increase in value since last sale

Current estimated payment $47,420/month

112 Days on Market

Highlights

  • 4.44 Acre Lot
  • Mountain View
  • Solar Pool Equipment
  • Kiva Elementary School Rated A
  • No HOA

About This Lot

As of May 2020

OWN PARADISE! Unique opportunity at the base of Camelback Mountain for your master estate home in a spectacular area of Paradise Valley. This lot is in one of the most sought-after areas of PV in Jokake. Just drive down Yucca Rd & around the neighborhood, you'll see numerous multi-million-dollar estates being constructed. The privacy is unparalleled and mountain views are magnificent of Camelback/Praying Monk. Bring your architect & design your private luxury estate on this expansive level 4.44+ acres with pre-existing mature palm trees. The iconic Sanctuary Resort, Mountain Shadows, Ritz Carlton (coming soon), & the exclusive Paradise Valley Country Club are all in proximity. ALL NET PROCEEDS FROM THIS SALE WILL GO TO CHARITY.

Last Agent to Sell the Property

Todd Hoffman

Berkshire Hathaway HomeServices Arizona Properties License #SA678403000 Listed on: 10/31/2019

Berkshire Hathaway HomeServices Arizona Properties

Co-Listed By

Eric Heil

Berkshire Hathaway HomeServices Arizona Properties License #SA564519000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $37,300

Year Built

  • 1960

Lot Details

  • 4.44 Acre Lot
  • Property is zoned R175

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 172-01-003

Community Details

Overview

  • No Home Owners Association
  • Jokake Camelback Properties Tract A Subdivision

Recreation

  • Solar Pool Equipment

Property Details

Property Type

Land

Est. Annual Taxes

$37,300

Year Built

1960

Lot Details

0

Listing Details

  • Cross Street: McDonald & Invergordon
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R175
  • Tax Year: 2019
  • Directions: West on McDonald, South on Yucca.
  • Lot Size Acres: 4.44
  • Co List Office Mls Id: praz04
  • Co List Office Phone: 480-505-6300
  • Subdivision Name: JOKAKE CAMELBACK PROPERTIES TRACT A
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1960

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Mountain View(s), North/South Exp
  • Pool Features: Solar Pool Equipment
  • 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
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: 4.442 acres OR 193,491sf, 622x305 Rectangle
  • Lot Size Sq Ft: 193491.0
  • Additional Parcels: No
  • Parcel #: 172-01-003
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 37300.0
  • Tax Book Number: 172.00
  • Tax Lot: 3
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2022
Sold by
Wollybear Investments Llc
Bought by
Verma Avtar C and Verma Satya P
Total Days on Market
112
Current Estimated Value
$7,873,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,050,000
Outstanding Balance
$603,449
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$7,270,118

Purchase Details

Closed on
Mar 4, 2021
Sold by
6100 Palo Verde Llc
Bought by
Wollybear Investments Llc

Purchase Details

Closed on
Mar 15, 2020
Sold by
Gregory Mary Carol Sheets
Bought by
610 Palo Verde Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,460,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2018
Sold by
Sheets Mary Carol and Gregory Mary Carol Sheets
Bought by
Gregory Mary Carol Sheets
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
Verma Avtar C $6,750,000 American Title Services
Wollybear Investments Llc $5,400,000 Old Republic Title Agency
610 Palo Verde Llc $4,100,000 Chicago Title Agency
Gregory Mary Carol Sheets -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verma Avtar C $4,050,000
Previous Owner 610 Palo Verde Llc $2,460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Sold $4,100,000 -4.7% --
05/01/2020 05/01/20 For Sale $4,300,000 0.0% --
05/01/2020 05/01/20 Price Changed $4,300,000 0.0% --
02/19/2020 02/19/20 Pending -- -- --
02/18/2020 02/18/20 Pending -- -- --
10/30/2019 10/30/19 For Sale $4,300,000 -- --
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 $38,664 $657,681 $657,681 --
2024 $38,130 $626,363 $626,363 --
2023 $38,130 $707,580 $707,580 $0
2022 $36,577 $686,010 $686,010 $0
2021 $38,883 $840,120 $840,120 $0
2020 $38,634 $751,140 $751,140 $0
2019 $37,300 $735,885 $735,885 $0
2018 $35,915 $716,940 $716,940 $0
2017 $34,502 $601,905 $601,905 $0
2016 $33,781 $539,610 $539,610 $0
2015 $34,188 $577,520 $577,520 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Hoffman

    Seller's Agent in 2020

    Todd Hoffman

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 526-2398

    33 Total Sales

    Todd Hoffman
    Section Image
  • Eric Heil

    Seller Co-Listing Agent in 2020

    Eric Heil

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 370-6456

    21 in this area

    77 Total Sales

    Eric Heil
    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5998561

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-01-003

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

5801 N Yucca Rd Unit 3, Paradise Valley, AZ

This home is located at 5801 N Yucca Rd Unit 3, Paradise Valley, AZ 85253 since 31 October 2019 and is currently estimated at $7,873,567. This property was built in 1960. 5801 N Yucca Rd Unit 3 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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