NOT LISTED FOR SALE

Estimated Value: $2,609,000 - $5,155,000

0.67 Acre
$5,794,030 Price per Acre
29,185 Sq Ft Lot

Last Sold December 07, 2022

Last sale price $2,200,000

Est. 76% increase in value since last sale

Current estimated payment $21,377/month

174 Days on Market

About This Lot

As of December 2022

This exceptional lot in the heart of Arcadia is nearly three quarters of an acre. Outstanding Camelback Mountain views create an impressive backdrop to this highly desirable address. Build your own creation or partner with the talented team at Brimley Development who have plans and 3 different elevations ready to go!

Last Agent to Sell the Property

Robert Joffe

Compass License #BR029057000 Listed on: 06/03/2022

Compass

Co-Listed By

Jonah Joffe

Compass License #SA687192000

Last Buyer's Agent

Shawna Warner

RETSY License #SA114065000

RETSY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,588

Lot Details

  • 0.67 Acre Lot

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia High School

Community Details

  • No Home Owners Association
  • Woodshire Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 172-45-051-A

Property Details

Property Type

Land

Est. Annual Taxes

$10,588

Lot Details

0

Listing Details

  • Cross Street: Camelback Road & 62nd Street
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: Single Family
  • Tax Year: 2021
  • Lot Size Acres: 0.67
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: WOODSHIRE
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hopi Elementary School
  • High School: Arcadia High School
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: regular
  • Lot Size Sq Ft: 28985.0
  • Additional Parcels: No
  • Parcel #: 172-45-051-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10588.0
  • Tax Book Number: 172.00
  • Tax Lot: 26
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Parson Family Trust and Parson Shaun D
Bought by
Parson Family Trust and Parson
Current Estimated Value
$3,882,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,175,000
Outstanding Balance
$3,156,206
Interest Rate
6.93%
Mortgage Type
Construction
Estimated Equity
$725,794

Purchase Details

Listed on
Jun 3, 2022
Closed on
Dec 7, 2022
Sold by
Brimley Brett Jenkins
Bought by
Parson Family Trust
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Shawna Warner
RETSY
List Price
$2,495,000
Sold Price
$2,200,000
Premium/Discount to List
-$295,000
-11.82%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.22%

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 23, 2022
Sold by
Dwell Investments Llc
Bought by
Brimley Brett Jenkins
Seller's Agent
Thomas McCormack
Compass
Buyer's Agent
Thomas Mccormack
RETSY
List Price
$2,650,000
Sold Price
$2,350,000
Premium/Discount to List
-$300,000
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.99%

Purchase Details

Closed on
Apr 1, 2021
Sold by
Next Steps For Families Llc
Bought by
Dwell Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2009
Sold by
Merring Leroy L and Merring Mildred C
Bought by
Merring Leroy L and Merring Mildred C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2003
Sold by
Merring Leroy L and Merring Mildred C
Bought by
Merring Leroy L and Merring Mildred C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.77%

Purchase Details

Closed on
Dec 28, 2001
Sold by
Merring Leroy L and Merring Mildred C
Bought by
Merring Leroy L and Merring Mildred C
Source: Public Records

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
Parson Family Trust -- Clear Title Agency Of Arizona
Parson Family Trust $2,200,000 Premier Title
Brimley Brett Jenkins $2,350,000 Fidelity National Title
Dwell Investments Llc $1,620,000 Chicago Title Agency Inc
Merring Leroy L -- Lawyers Title Of Arizona Inc
Merring Leroy L -- Lawyers Title Of Arizona Inc
Merring Leroy L -- Transnation Title Insurance
Merring Leroy L -- Transnation Title Insurance
Merring Leroy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parson Family Trust $3,175,000
Previous Owner Dwell Investments Llc $600,000
Previous Owner Dwell Investments Llc $1,600,000
Previous Owner Merring Leroy L $232,000
Previous Owner Merring Leroy L $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2022 12/07/22 Sold $2,200,000 -11.8% --
11/23/2022 11/23/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $2,495,000 +6.2% --
03/25/2022 03/25/22 Sold $2,350,000 -11.3% -- View Prior Sale
02/23/2022 02/23/22 For Sale $2,650,000 -- --
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 $8,570 $109,034 $109,034 --
2024 $8,397 $103,842 $103,842 --
2023 $8,397 $210,420 $210,420 $0
2022 $10,216 $140,520 $28,100 $112,420
2021 $10,588 $138,400 $27,680 $110,720
2020 $9,832 $125,380 $25,070 $100,310
2019 $9,441 $114,060 $22,810 $91,250
2018 $9,056 $104,720 $20,940 $83,780
2017 $8,677 $108,700 $21,740 $86,960
2016 $8,438 $98,910 $19,780 $79,130
2015 $7,685 $95,410 $19,080 $76,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6410332

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-45-051A