$900,000
SOLD AUG 13, 2020
1.36 Acres
$661,765 Price per Acre
59,242 Sq Ft Lot

Recently Sold

16% Below List Price

252 Days on Market

Highlights

  • 1.36 Acre Lot
  • Mountain View
  • No HOA
  • Hopi Elementary School Rated A

About This Lot

As of August 2020

Amazing opportunity to purchase over an acre in the center of Arcadia! This lot is ready for your dream home. With amazing Camelback views, this piece of property is located minutes from top area restaurants, dining and shopping. To top it off, you are walking distance from top Scottsdale Resorts including the Phoenician, Camelback Inn, Valley Ho and The W.

Last Agent to Sell the Property

Chris Morrison

Compass License #BR529508000 Listed on: 11/01/2019

Last Buyer's Agent

Chris Morrison

RETSY License #BR529508000

RETSY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,672

Lot Details

  • 1.36 Acre Lot
  • 2 Lots in the community
  • Property is zoned R-35

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia High School

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • S21 T2n R4e Subdivision

Listing and Financial Details

  • Assessor Parcel Number 172-25-031-A

Property Details

Property Type

Land

Est. Annual Taxes

$4,672

Lot Details

0

Listing Details

  • Cross Street: 56th Street & Camelback Road
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R-35
  • Tax Year: 2019
  • Directions: Camelback Rd. east of 56th St. Property on north side of road.
  • Horses: No
  • Lot Size Acres: 1.36
  • Subdivision Name: S21 T2N R4E
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: See Remarks, Mountain View(s), North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hopi Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: 254'x234'
  • Lot Size Sq Ft: 59335.0
  • Number Of Lots: 2
  • Additional Parcels: No
  • Parcel #: 172-25-031-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4672.0
  • Tax Book Number: 172.00
  • Tax Lot: 0
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Aug 4, 2020
Sold by
Kragenbring James
Bought by
Mijobi Llc
Seller's Agent
Chris Morrison
Compass
Buyer's Agent
Chris Morrison
RETSY
List Price
$1,075,000
Sold Price
$900,000
Premium/Discount to List
-$175,000
-16.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.02%
Original Mortgage
$2,300,000
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 30, 2013
Sold by
Gould Scott
Bought by
Kragenbring James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.34%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 2012
Sold by
Hsbc Mortgage Corporation Usa
Bought by
Gould Scott

Purchase Details

Closed on
May 21, 2004
Sold by
Hoffman Jean B
Bought by
Via Ventura Capital Partners Inc
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 $900,000 Premier Title Agency
Warranty Deed $500,000 Magnus Title Agency
Cash Sale Deed $300,100 Security Title Agency
Cash Sale Deed $615,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,300,000 Construction
Previous Owner $257,500 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 Unknown
Previous Owner $250,000 Unknown
Previous Owner $500,000 Seller Take Back
Previous Owner $200,000 Unknown
Previous Owner $500,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $7,999,999 -11.1% $1,281 / Sq Ft
05/02/2025 05/02/25 Price Changed $8,999,000 -10.0% $1,441 / Sq Ft
04/09/2025 04/09/25 For Sale $9,999,000 +1011.0% $1,602 / Sq Ft
08/13/2020 08/13/20 Sold $900,000 -7.7% --
07/10/2020 07/10/20 Pending -- -- --
04/08/2020 04/08/20 Price Changed $975,000 -9.3% --
11/01/2019 11/01/19 For Sale $1,075,000 -- --
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 $13,265 $168,774 -- --
2024 $6,128 $160,737 -- --
2023 $6,128 $126,620 $25,320 $101,300
2022 $4,753 $118,470 $118,470 $0
2021 $4,926 $116,805 $116,805 $0
2020 $4,853 $118,170 $118,170 $0
2019 $4,672 $117,525 $117,525 $0
2018 $4,492 $64,920 $64,920 $0
2017 $4,316 $52,815 $52,815 $0
2016 $4,205 $53,550 $53,550 $0
2015 $4,112 $47,072 $47,072 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5999671

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-25-031A