NOT LISTED FOR SALE

Estimated Value: $6,907,000 - $9,194,000

0.83 Acre
$9,955,284 Price per Acre
36,155 Sq Ft Lot

Last Sold January 31, 2018

Last sale price $1,440,000

Est. 474% increase in value since last sale

Current estimated payment $46,715/month

79 Days on Market

About This Lot

As of January 2018

This is a very rare opportunity to build on an exceptional lot located on one of the most sought after streets in Arcadia! The setting is absolutely gorgeous, surrounded by impressive estates with exquisite views of Camelback Mountain. Impressive architectural plans accompany the lot, created my Mike Higgins, one of the most highly regarded architects in Phoenix. If you’ve been looking for the perfect lot, on the perfect street, with perfect plans already in place, look no further, because this has it all. The potential here is endless!

Last Agent to Sell the Property

Robert Joffe

Compass License #BR029057000 Listed on: 10/26/2017

Compass

Co-Listed By

Bob Bullock

Compass License #SA648623000

Last Buyer's Agent

Robert Joffe

ARJ Investments LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,855

Lot Details

  • 0.83 Acre Lot
  • Block Wall Fence

Additional Homes

  • Residence on Property

Schools

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

Community Details

  • No Home Owners Association
  • Dana Est. Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 172-28-017-A

Property Details

Property Type

Land

Est. Annual Taxes

$10,855

Lot Details

0

Listing Details

  • Cross Street: 64th St and Camelback Road
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: Single Family
  • Tax Year: 2017
  • Directions: South on 64th St left on Montecito to lot on the south side of street.
  • Lot Size Acres: 0.83
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: DANA EST.
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Other Structures: Residence

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: 36285.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 172-28-017-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10855.0
  • Tax Book Number: 172.00
  • Tax Lot: 8
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2023
Sold by
Matthew P Wagner Trust
Bought by
Ippolito Trust
Current Estimated Value
$8,262,886

Purchase Details

Closed on
Jan 5, 2021
Sold by
Mcbee Richard D and Mcbee Alisha
Bought by
Wagner Matthew P and Matthew P Wagner Trust

Purchase Details

Closed on
Dec 9, 2019
Sold by
Cp Hft Developments 3 Llc
Bought by
Mcbee Richard D and Mcbee Alisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,185,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2017
Closed on
Jan 23, 2018
Sold by
Bleam Dwayne S
Bought by
Cp Hft Development 3 Llc
Seller's Agent
Robert Joffe
Compass
Buyer's Agent
Robert Joffe
Compass
List Price
$1,575,000
Sold Price
$1,440,000
Premium/Discount to List
-$135,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.92%

Purchase Details

Closed on
Sep 28, 2015
Sold by
Valenzuela James E and Valenzuela Denise W
Bought by
Bleam Dwayne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,143,750
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2000
Sold by
Hollack Harry M and Hollack Suzanne A
Bought by
Valenzuela James T and Valenzuela Denise W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1997
Sold by
Hollack Harry M and Hollack Suzanne A
Bought by
Hollack Harry M and Hollack Suzanne A

Purchase Details

Closed on
Jan 11, 1996
Sold by
Hollack Harry M and Hollack Suzanne A
Bought by
Hollack Harry M and Hollack Suzanne A
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
Ippolito Trust $7,200,000 Wfg National Title Insurance C
Wagner Matthew P $5,000,000 Wfg National Title Ins Co
Mcbee Richard D $4,185,000 Landmark Ttl Assurance Agcy
Cp Hft Development 3 Llc $1,420,000 Premier Title Agency
Bleam Dwayne S $1,525,000 First American Title Ins Co
Valenzuela James T $910,000 Chicago Title Insurance Co
Hollack Harry M -- --
Hollack Harry M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcbee Richard D $2,185,000
Previous Owner Bleam Dwayne S $1,143,750
Previous Owner Valenzuela James E $250,000
Previous Owner Valenzuela James E $900,200
Previous Owner Valenzuela James E $500,000
Previous Owner Valenzuela James T $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $1,440,000 -8.6% --
01/13/2018 01/13/18 Pending -- -- --
10/26/2017 10/26/17 For Sale $1,575,000 -- --
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 $20,320 $258,531 -- --
2024 $19,911 $246,220 -- --
2023 $19,911 $430,580 $86,110 $344,470
2022 $18,497 $332,600 $66,520 $266,080
2021 $19,193 $326,080 $65,210 $260,870
2020 $18,901 $289,380 $57,870 $231,510
2019 $11,303 $190,440 $190,440 $0
2018 $11,923 $130,500 $26,100 $104,400
2017 $10,855 $135,480 $27,090 $108,390
2016 $10,560 $121,100 $24,220 $96,880
2015 $9,631 $117,020 $23,400 $93,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5679248

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-28-017A