NOT LISTED FOR SALE

5825 N Superstition Ln Unit 5 Paradise Valley, AZ 85253

Estimated Value: $3,899,000 - $6,116,000

2.24 Acres
$2,235,491 Price per Acre
97,574 Sq Ft Lot

Last Sold May 06, 2021

Last sale price $2,950,000

Est. 70% increase in value since last sale

Current estimated payment $28,014/month

125 Days on Market

Highlights

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

About This Lot

As of May 2021

2.24 ACRES sitting next to the Sanctuary Resort with stunning views of Camelback Mountain including the Praying Monk, Mummy Mtn and the McDowells. The property is elevated but it has large flat areas to build your dream home. A
Private Tennis court and large Koi Pond are also on the property surrounded by a large grassy area. The Original home on the property is a 5,887 sq ft one story home on a flat pad and is being sold AS-IS. Walk next door to one of the most premier resorts in Arizona and enjoy gourmet dining, a fabulous spa, pilates, yoga and swim in the lap pool or the resort negative edge pool and enjoy the Zen atmosphere at your doorstep!

LOCATION, LOCATION, LOCATION

Last Agent to Sell the Property

Joan Levinson

Realty ONE Group License #SA020825000 Listed on: 10/17/2020

Last Buyer's Agent

Joan Levinson

Realty ONE Group License #SA020825000 Listed on: 10/17/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,190

Lot Details

  • 2.24 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Property is zoned R43

Property Views

  • City Lights
  • Mountain

Schools

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

Additional Features

  • North or South Exposure
  • Residence on Property

Community Details

  • No Home Owners Association
  • Cameldale Properties Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 172-02-007

Property Details

Property Type

Land

Est. Annual Taxes

$15,190

Lot Details

0

Listing Details

  • Cross Street: McDonald & 56th St
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R43
  • Tax Year: 2019
  • Directions: From Lincoln, South on 56th Street to McDonald. East on McDonald to Superstition Lane and the property which is next door to the Sanctuary Resort.
  • Lot Size Acres: 2.24
  • Road Surface Type: Asphalt
  • Subdivision Name: CAMELDALE PROPERTIES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Corner Lot, City Light View(s), Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: Residence

Utilities

  • Electric: APS
  • Water Source: City 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: 0
  • Lot Size Sq Ft: 97614.0
  • Additional Parcels: No
  • Parcel #: 172-02-007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15190.0
  • Tax Book Number: 172.00
  • Tax Lot: 5
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Pgc Holdings Inc
Bought by
888 Superstition Lane Llc
Current Estimated Value
$5,007,500

Purchase Details

Closed on
Aug 17, 2016
Sold by
Piig Grain Company Inc
Bought by
Pgc Holdings Inc

Purchase Details

Closed on
Mar 30, 1999
Sold by
Tennis Ranch Inc
Bought by
Pike Grain Company Inc
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
888 Superstition Lane Llc $2,950,000 First American Title Ins Co
Pgc Holdings Inc -- None Available
Pike Grain Company Inc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $2,950,000 -7.1% --
04/10/2021 04/10/21 For Sale $3,175,000 0.0% --
04/10/2021 04/10/21 Price Changed $3,175,000 0.0% --
10/17/2020 10/17/20 For Sale $3,175,000 -- --
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 $17,575 $298,952 $298,952 --
2024 $14,928 $284,716 $284,716 --
2023 $14,928 $351,150 $70,230 $280,920
2022 $14,296 $295,820 $59,160 $236,660
2021 $15,235 $288,560 $57,710 $230,850
2020 $15,734 $222,480 $44,490 $177,990
2019 $15,190 $228,300 $45,660 $182,640
2018 $14,626 $246,400 $49,280 $197,120
2017 $14,051 $196,880 $39,370 $157,510
2016 $13,757 $243,000 $48,600 $194,400
2015 $13,053 $202,820 $40,564 $162,256
Source: Public Records

Agents Affiliated with this Home

  • Joan Levinson

    Seller's Agent in 2021

    Joan Levinson

    Realty One Group

    (480) 543-0006

    86 in this area

    123 Total Sales

    Joan Levinson
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6148316

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-02-007

Arizona Maricopa County Paradise Valley 85253

5825 N Superstition Ln Unit 5, Paradise Valley, AZ

This home is located at 5825 N Superstition Ln Unit 5, Paradise Valley, AZ 85253 since 17 October 2020 and is currently estimated at $5,007,500. 5825 N Superstition Ln Unit 5 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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