NOT LISTED FOR SALE

6125 E Cactus Wren Rd Unit 1 Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $4,156,000 - $7,501,327

1.11 Acres
$5,281,179 Price per Acre
48,352 Sq Ft Lot

Last Sold May 16, 2016

Last sale price $1,150,000

Est. 410% increase in value since last sale

Current estimated payment $33,800/month

151 Days on Market

Highlights

  • 1.11 Acre Lot
  • Mountain View
  • No HOA
  • Kiva Elementary School Rated A

About This Lot

As of May 2016

Enjoy dramatic Camelback and Mummy Mountain views from this north south lot, located in the heart of Paradise Valley. This 1.1 acre flat building parcel has no hillside building restrictions, just endless possibilities! Renovate the
existing homes or build your dream home. Both main and guest homes have sewer lines connected, the main house also has gas service. Privileges
available for 2 horses. Existing homes being sold ''As Is.'' Also for sale, packaged with Adjacent lot. See MLS # 5364770. Welcome home!

Last Listed By

Diane Rusnak

HomeSmart License #SA635113000 Listed on: 12/12/2015

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,539

Year Built

  • 2018

Lot Details

  • 1.11 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Additional Parcels
  • Property is zoned R-43

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure
  • Residence on Property

Community Details

  • No Home Owners Association
  • Tumbling Nd Estates Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 169-37-030

Property Details

Property Type

Land

Est. Annual Taxes

$6,539

Year Built

2018

Lot Details

0

Listing Details

  • Cross Street: Lincoln & 60th St.
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R-43
  • Tax Year: 2014
  • Directions: Head north on 60th Street. Turn east (right) onto E. Cactus Wren Rd. Home is on your right and currently shares entrance/driveway with 6101.
  • Lot Size Acres: 1.11
  • Road Surface Type: Asphalt
  • Subdivision Name: TUMBLING ND ESTATES
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: None
  • Other Structures: Residence

Utilities

  • Electric: APS
  • Water Source: Private Franchise, Irrigation - Drip

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: 165' x 289'
  • Lot Size Sq Ft: 48110.0
  • Additional Parcels: Yes
  • Parcel #: 169-37-030
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6539.02
  • Tax Book Number: 169.00
  • Tax Lot: 1
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2016
Sold by
Tiku Vikas and Tiku Navneet K
Bought by
6125 Cactus Wren Llc
Total Days on Market
151
Current Estimated Value
$5,862,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,661,683
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$4,257,633

Purchase Details

Closed on
Oct 13, 2016
Sold by
6125 Cactus Wren Llc
Bought by
Tiku Vikas and Tiku Navneet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,661,683
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$4,257,633

Purchase Details

Listed on
Dec 12, 2015
Closed on
May 10, 2016
Sold by
Apker Thomas P and Apker Debra A
Bought by
6125 Cactus Wren Llc
Seller's Agent
Diane Rusnak
HomeSmart
Buyer's Agent
Tanya Boruch
My Home Group Real Estate
List Price
$1,325,000
Sold Price
$1,150,000
Premium/Discount to List
-$175,000
-13.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.92%
Original Mortgage
$1,300,000
Interest Rate
3.58%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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 Buyer Sale Price Title Company
6125 Cactus Wren Llc -- Accommodation
Tiku Vikas -- Clear Title Agency Of Az Llc
6125 Cactus Wren Llc $1,150,000 Grand Canyon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiku Vikas $2,000,000
Previous Owner 6125 Cactus Wren Llc $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $1,150,000 -13.2% --
04/14/2016 04/14/16 Pending -- -- --
11/15/2015 11/15/15 For Sale $1,325,000 -- --
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 $13,726 $243,697 -- --
2024 $13,529 $232,092 -- --
2023 $13,529 $406,470 $81,290 $325,180
2022 $12,953 $323,360 $64,670 $258,690
2021 $13,808 $279,450 $55,890 $223,560
2020 $13,716 $250,530 $50,100 $200,430
2019 $13,221 $252,570 $50,510 $202,060
2018 $6,727 $101,130 $20,220 $80,910
2017 $6,439 $102,970 $20,590 $82,380
2016 $6,292 $91,110 $18,220 $72,890
2015 $6,539 $91,110 $18,220 $72,890
Source: Public Records

Agents Affiliated with this Home

  • Diane Rusnak

    Seller's Agent in 2016

    Diane Rusnak

    HomeSmart

    (602) 881-7689

    6 in this area

    68 Total Sales

    Diane Rusnak
    Section Image

  • T

    Buyer's Agent in 2016

    Tanya Boruch

    My Home Group

    (602) 686-5165

    31 Total Sales

    Tanya Boruch
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5372673

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-37-030

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

6125 E Cactus Wren Rd Unit 1, Paradise Valley, AZ

Homes for Sale in Paradise Valley, AZ

This home is located at 6125 E Cactus Wren Rd Unit 1, Paradise Valley, AZ 85253 since 12 December 2015 and is currently estimated at $5,862,109. This property was built in 2018. 6125 E Cactus Wren Rd Unit 1 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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