NOT LISTED FOR SALE

5920 N 52nd Place Unit 7 Paradise Valley, AZ 85253

Estimated Value: $3,553,000 - $3,664,000

1.2 Acres
$3,000,556 Price per Acre
52,272 Sq Ft Lot

Last Sold March 13, 2023

Last sale price $3,300,000

Est. 9% increase in value since last sale

Current estimated payment $19,754/month

16 Days on Market

Highlights

  • Mountain View
  • No HOA
  • East or West Exposure
  • Kiva Elementary School Rated A

About This Lot

As of March 2023

Prime Paradise Valley 1.2acre+ hillside lot with a large flat building pad and stunning 270° views.

Stone Canyon offers breathtaking views right beneath the iconic Camelback Mountain overlooking the Valley and the City.

In the heart of one of the most sought after areas in the State, within 15 mins of reach to Phoenix Sky Harbor Airport & Scottsdale Airport and in close proximity to the best resorts in the state.

Conceptual plans by award winning architect Stratton Andrew's are included in the sale. Build your hillside dream home on Camelback Mountain!

Last Agent to Sell the Property

Maximilian Schopen De Melo

America One Luxury Real Estate License #SA683590000 Listed on: 01/04/2023

Co-Listed By

Patrick Niederdrenk

America One Luxury Real Estate License #SA676785000

Last Buyer's Agent

Maximilian Schopen De Melo

America One Luxury Real Estate License #SA683590000 Listed on: 01/04/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,102

Lot Details

  • 1.2 Acre Lot
  • East or West Exposure
  • Property is zoned R-43

Property Views

  • Mountain Views

Schools

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

Community Details

  • No Home Owners Association
  • Stone Canyon Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 172-47-007

Property Details

Property Type

Land

Est. Annual Taxes

$8,102

Lot Details

0

Listing Details

  • Cross Street: McDonald and 52nd Pl
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R-43
  • Tax Year: 2022
  • Directions: South on 52nd PL to second home on the West side of the street w/ elevated drive.
  • Lot Size Acres: 1.2
  • Co List Office Mls Id: aone01
  • Co List Office Phone: 480-905-8115
  • Subdivision Name: STONE CANYON
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Lot Features: East/West Exposure, See Remarks, Mountain View(s)
  • Disclosures: Other (See Rmks)

Utilities

  • Electric: APS

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: UKN
  • Lot Size Sq Ft: 52474.0
  • Additional Parcels: No
  • Parcel #: 172-47-007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8102.0
  • Tax Book Number: 172.00
  • Tax Lot: 7
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Mar 13, 2023
Sold by
1981 Llc
Bought by
Bobba Dheeraj
Seller's Agent
Maximilian Schopen De Melo
America One Luxury Real Estate
Buyer's Agent
Maximilian Schopen De Melo
America One Luxury Real Estate
List Price
$3,495,000
Sold Price
$3,300,000
Premium/Discount to List
-$195,000
-5.58%
Views
67
Current Estimated Value
$3,600,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,667
Avg. Annual Appreciation
3.46%
Original Mortgage
$2,640,000
Outstanding Balance
$2,548,914
Interest Rate
5.6%
Mortgage Type
New Conventional
Estimated Equity
$1,051,753

Purchase Details

Closed on
Oct 25, 2021
Sold by
Whitney Rita J and Catalo Family Revocable Trust
Bought by
1981 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2017
Sold by
Catalo Pat T and Catalo Sophia L
Bought by
Catalo Family Revocable Trust and Castalo Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4.68%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 14, 2003
Sold by
Catalo Pat and Catalo Sophie
Bought by
Catalo Pat and Catalo Sophia

Purchase Details

Closed on
Jul 24, 1998
Sold by
Catalo Pat and Catalo Sophia
Bought by
Catalo Pat and Catalo Sophie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Bobba Dheeraj $3,300,000 Chicago Title Agency
1981 Llc $2,250,000 Premier Title Agency
Catalo Family Revocable Trust -- Lawyers Title Of Arizona Inc
Catalo Pat T -- Lawyers Title Of Arizona Inc
Catalo Pat -- --
Catalo Pat -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bobba Dheeraj $2,640,000
Previous Owner 1981 Llc $1,800,000
Previous Owner Catalo Pat T $938,250
Previous Owner Catalo Pat $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Sold $3,300,000 0.0% --
02/03/2023 02/03/23 Off Market $3,300,000 -- --
01/03/2023 01/03/23 For Sale $3,495,000 -- --
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 $7,965 $145,687 -- --
2024 $7,846 $112,226 -- --
2023 $7,846 $194,330 $38,860 $155,470
2022 $8,102 $143,760 $28,750 $115,010
2021 $8,013 $134,850 $26,970 $107,880
2020 $7,958 $136,830 $27,360 $109,470
2019 $5,587 $130,400 $26,080 $104,320
2018 $4,165 $81,410 $16,280 $65,130
2017 $4,074 $81,410 $16,280 $65,130
2016 $4,161 $81,410 $16,280 $65,130
2015 $4,156 $81,410 $16,280 $65,130
Source: Public Records

Agents Affiliated with this Home

  • Maximilian Schopen De Melo

    Seller's Agent in 2023

    Maximilian Schopen De Melo

    America One Luxury Real Estate

    (480) 907-9660

    25 in this area

    113 Total Sales

    Maximilian Schopen De Melo
    Section Image
  • Patrick Niederdrenk

    Seller Co-Listing Agent in 2023

    Patrick Niederdrenk

    America One Luxury Real Estate

    (480) 512-1080

    21 in this area

    94 Total Sales

    Patrick Niederdrenk
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6503417

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-47-007

Arizona Maricopa County Paradise Valley 85253

5920 N 52nd Place Unit 7, Paradise Valley, AZ

This home is located at 5920 N 52nd Place Unit 7, Paradise Valley, AZ 85253 since 04 January 2023 and is currently estimated at $3,600,667. 5920 N 52nd Place Unit 7 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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