NOT LISTED FOR SALE

Estimated Value: $2,453,000 - $7,388,000

0.93 Acre
$4,022,489 Price per Acre
40,511 Sq Ft Lot

Last Sold April 08, 2021

Last sale price $1,575,000

Est. 138% increase in value since last sale

Current estimated payment $20,179/month

31 Days on Market

Highlights

  • 0.93 Acre Lot
  • Mountain View
  • Cul-De-Sac
  • Kiva Elementary School Rated A
  • No HOA

About This Lot

As of April 2021

Incredible opportunity to build your dream home on this 1 ACRE CUL-DE-SAC lot in the heart of Paradise Valley! Remarkable VIEWS of CAMELBACK MOUNTAIN from this level, desert terrain provide the ideal canvas for your new home. This property is truly the best of both worlds...an extremely private location at the end of a quiet cul-de-sac AND just minutes away from world-class shopping, dining, and resorts. The current dwelling on the property is being sold 'as-is' and was built in 1953 and remodeled in the mid-90's with 1,800 sqft, 3 bed/2bath, carport, and a fenced backyard with pool. You ABSOLUTELY need to walk the property to fully appreciate it!! INTERIM TENANT OCCUPYING PROPERTY - Must use ShowingTime or call lister prior to walking the property.

Last Agent to Sell the Property

Joan Levinson

Realty ONE Group License #SA020825000 Listed on: 01/25/2021

Last Buyer's Agent

Scott Grigg

Griggs's Group Powered by The Altman Brothers License #SA561582000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,149

Lot Details

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

Schools

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

Additional Features

  • Mountain Views
  • Residence on Property

Community Details

  • No Home Owners Association
  • Beckwood Estates Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 174-68-007

Property Details

Property Type

Land

Est. Annual Taxes

$4,149

Lot Details

0

Listing Details

  • Cross Street: E McDonald & N Invergordon
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: {"Level":true}
  • Zoning: R-43
  • Tax Year: 2020
  • Directions: West on McDonald from Scottsdale Road to 64th Place. Turn North on 64th Place and drive to the end of the cul-de-sac, house is on the right.
  • Horses: No
  • Lot Size Acres: 0.93
  • Subdivision Name: BECKWOOD ESTATES
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: Cul-De-Sac, Mountain View(s)
  • Disclosures: Other (See Rmks)
  • Other Structures: Residence

Utilities

  • Electric: APS
  • Water Source: Private Franchise

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: W 199' x N 195' x E 269' x S 200'
  • Lot Size Sq Ft: 40432.0
  • Additional Parcels: No
  • Parcel #: 174-68-007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4149.0
  • Tax Book Number: 174.00
  • Tax Lot: 7
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Apr 7, 2021
Sold by
Zagar Fawad and Husain Mashal
Bought by
Paradise Property Llc
Seller's Agent
Joan Levinson
Realty ONE Group
Buyer's Agent
Scott Grigg
Grigg's Group Powered by The Altman Brothers
List Price
$1,595,000
Sold Price
$1,575,000
Premium/Discount to List
-$20,000
-1.25%
Current Estimated Value
$3,740,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,165,915
Avg. Annual Appreciation
21.25%

Purchase Details

Closed on
Dec 29, 2017
Sold by
Zafar Fawad and Husain Mashal
Bought by
Zafar Fawad and Mashal Husain Revocable Trust

Purchase Details

Closed on
Mar 28, 2005
Sold by
Myers James E
Bought by
Zafar Fawad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2004
Sold by
Martinez Kim Andrew
Bought by
Myers James E and Lamb Marsha G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Paradise Property Llc $1,575,000 Premier Title Agency
Zafar Fawad -- None Available
Zafar Fawad $970,000 Security Title Agency Inc
Myers James E $850,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zafar Fawad $776,000
Previous Owner Myers James E $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2021 04/08/21 Sold $1,575,000 -1.3% --
01/25/2021 01/25/21 For Sale $1,595,000 -- --
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 $4,153 $70,637 -- --
2024 $4,095 $67,274 -- --
2023 $4,095 $105,050 $21,010 $84,040
2022 $3,928 $74,780 $14,950 $59,830
2021 $4,176 $69,960 $13,990 $55,970
2020 $4,149 $72,800 $14,560 $58,240
2019 $4,006 $64,810 $12,960 $51,850
2018 $3,857 $58,550 $11,710 $46,840
2017 $3,706 $57,000 $11,400 $45,600
2016 $3,628 $47,450 $9,490 $37,960
2015 $3,442 $47,450 $9,490 $37,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6185613

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-68-007