NOT LISTED FOR SALE

Estimated Value: $5,944,000 - $8,406,657

1 Acre
$7,197,886 Price per Acre
43,560 Sq Ft Lot

Last Sold April 08, 2014

Last sale price $730,000

Est. 826% increase in value since last sale

Current estimated payment $39,139/month

154 Days on Market

Highlights

  • 1 Acre Lot
  • Mountain View
  • No HOA
  • Phoenix Coding Academy Rated A
  • Corner Lot
  • Gentle Sloping Lot

About This Lot

As of April 2014

Situated in Paradise Valley with amazing views of Camelback Mountain. This large hillside lot is surrounded by multi-million homes. Perfect lot for custom dream home in Paradise Valley. Zoned R43 Hillside with a 25% FAR.

Last Agent to Sell the Property

Kurt Nishimura

Coldwell Banker Realty License #SA579393000 Listed on: 11/07/2013

Coldwell Banker Realty

Last Buyer's Agent

Steven Sommer

Silverleaf Realty License #SA041507000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,632

Lot Details

  • 1 Acre Lot
  • Corner Lot
  • Gentle Sloping Lot

Property Views

  • Mountain Views

Schools

  • Creighton Elementary School
  • Camelback High Middle School
  • Camelback High School

Community Details

  • No Home Owners Association
  • Palo Verde Foothills Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 164-04-004

Property Details

Property Type

Land

Est. Annual Taxes

$8,632

Lot Details

0

Listing Details

  • Cross Street: Berridge Lane and 38th Place
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Gentle Sloping
  • Zoning: residential
  • Tax Year: 2013
  • Directions: North on 38th Place. Lot located on the Northeast corner of Berridge Lane and 38th Place.
  • Horses: No
  • Lot Size Acres: 1.0
  • Road Surface Type: Asphalt
  • Subdivision Name: Palo Verde Foothills
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Corner Lot, Mountain View(s)
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Camelback High School

Lot Info

  • Lot Size: irregular
  • Lot Size Sq Ft: 53357.0
  • Additional Parcels: No
  • Parcel #: 164-04-004
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8632.0
  • Tax Book Number: 164.00
  • Tax Lot: 4
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2021
Sold by
Thaly Rahul K and Thaly Arati R
Bought by
Franzen Mark and Franzen Janice
Current Estimated Value
$6,757,864

Purchase Details

Listed on
Nov 7, 2013
Closed on
Mar 9, 2014
Sold by
Najafi F Francis
Bought by
Art Trust
Seller's Agent
Kurt Nishimura
Coldwell Banker Realty
Buyer's Agent
Steven Sommer
Silverleaf Realty
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.94%

Purchase Details

Closed on
Sep 20, 2007
Sold by
Luderer Gottfried Walter Reinhard and Luderer Wiltrud Elisabeth Frida
Bought by
Najafi F Francis
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Franzen Mark $6,000,000 Premier Title Agency
Art Trust $730,000 Equity Title Agency Inc
Najafi F Francis $1,000,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thaly Rahul K $1,280,500
Previous Owner Thaly Rahul K $1,350,000
Previous Owner Luderer Gottfried Walter $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2014 04/08/14 Sold $730,000 -2.7% --
03/07/2014 03/07/14 Pending -- -- --
10/04/2013 10/04/13 For Sale $750,000 -- --
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 $25,670 $254,174 -- --
2024 $27,223 $242,071 -- --
2023 $27,223 $341,800 $68,360 $273,440
2022 $26,141 $257,060 $51,410 $205,650
2021 $27,113 $284,220 $56,840 $227,380
2020 $27,121 $282,550 $56,510 $226,040
2019 $27,103 $227,170 $45,430 $181,740
2018 $26,635 $224,880 $44,970 $179,910
2017 $25,607 $229,380 $45,870 $183,510
2016 $11,924 $124,470 $124,470 $0
2015 $12,074 $122,512 $122,512 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5012442

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-04-004