NOT LISTED FOR SALE

Estimated Value: $4,202,000 - $5,007,000

0.79 Acre
$5,854,801 Price per Acre
34,412 Sq Ft Lot

Last Sold December 30, 2020

Last sale price $875,000

Est. 429% increase in value since last sale

Current estimated payment $25,295/month

14 Days on Market

Highlights

  • 0.79 Acre Lot
  • Mountain View
  • No HOA
  • Cherokee Elementary School Rated A
  • Corner Lot

About This Lot

As of December 2020

Fabulous opportunity to build your dream home within Paradise Valley that is surrounded by multi-million dollar homes. Corner lot features North/South exposure and mountain views. No HOA and all utilities are present on the lot including city water, city sewer, electric and cable. Close to shopping and dining and located within the highly desirable Paradise Valley Unified School district featuring the 3 C's (Cherokee, Cocopah, and Chaparral). This lot has been prepped and is ready to start construction!

Last Agent to Sell the Property

Cindy Metz

Russ Lyon Sotheby's International Realty License #SA579643000 Listed on: 12/04/2020

Russ Lyon Sotheby's International Realty

Co-Listed By

Katie Metz

Russ Lyon Sotheby's International Realty License #SA665779000

Last Buyer's Agent

David Keller

HomeSmart License #BR528046000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,686

Lot Details

  • 0.79 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Property is zoned RE-35

Schools

  • Cherokee Elementary School
  • Cocopah Middle School
  • Chaparral High School

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Sunburst Farms East 5 Subdivision

Listing and Financial Details

  • Tax Lot 312
  • Assessor Parcel Number 168-01-034

Property Details

Property Type

Land

Est. Annual Taxes

$2,686

Lot Details

0

Listing Details

  • Cross Street: 64th St & Shea
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: RE-35
  • Tax Year: 2020
  • Directions: From Shea take 64th St South to Gold Dust. Property is on the SW Corner of 64th St and Gold Dust.
  • Lot Size Acres: 0.79
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: SUNBURST FARMS EAST 5
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Lot Size: E&W Lines 221.11' x 139.30' N and 150.86'S (APX)
  • Lot Size Sq Ft: 34560.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 168-01-034
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2686.0
  • Tax Book Number: 168.00
  • Tax Lot: 312
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2023
Sold by
Sophic Llc
Bought by
Watts Loren O and Watts Darla L
Current Estimated Value
$4,625,293

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 18, 2021
Sold by
Crew Investments Group Llc
Bought by
Sophic Llc
Seller's Agent
Cindy Metz
Russ Lyon Sotheby's International Realty
Buyer's Agent
David Keller
HomeSmart
List Price
$850,000
Sold Price
$875,000
Premium/Discount to List
$25,000
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.98%

Purchase Details

Listed on
Dec 4, 2020
Closed on
Dec 28, 2020
Sold by
Mistry Homes Llc
Bought by
Crew Investments Group Llc
Seller's Agent
Cindy Metz
Russ Lyon Sotheby's International Realty
Buyer's Agent
David Keller
HomeSmart
List Price
$850,000
Sold Price
$875,000
Premium/Discount to List
$25,000
2.94%

Purchase Details

Closed on
Aug 29, 2020
Sold by
Lww7 Property Llc
Bought by
Mistry Homes Llc

Purchase Details

Closed on
Jul 25, 2019
Sold by
Beher Stiphan and Beher Lira
Bought by
Lww7 Property Llc

Purchase Details

Listed on
Sep 14, 2012
Closed on
Nov 8, 2012
Sold by
Cochran Mark and Cochran Annalisa Canty
Bought by
Beher Stiphan and Beher Lira
Seller's Agent
Julie Pelle
Compass
Buyer's Agent
Joanie Barreiro
Russ Lyon Sotheby's International Realty
List Price
$39,900
Sold Price
$380,000
Premium/Discount to List
$340,100
852.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.49%
Original Mortgage
$352,309
Interest Rate
3.33%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2010
Sold by
The Bank Of New York Mellon
Bought by
Cochran Mark and Cochran Annalisa Canty

Purchase Details

Closed on
Mar 30, 2010
Sold by
Obadia Sharon
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Apr 17, 2006
Sold by
Obadia Jack
Bought by
Obadia Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 11, 2006
Sold by
Lanciano Shlomo
Bought by
Obadia Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 17, 2004
Sold by
Lanciano Grazia
Bought by
Lanciano Shlomo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 6, 1999
Sold by
Larson Marilyn J and Larson Mike
Bought by
Larson Marilyn J

Purchase Details

Closed on
Dec 15, 1998
Sold by
Larson Marilyn J
Bought by
Larson Marilyn J and Larson Mike

Purchase Details

Closed on
May 7, 1998
Sold by
Larson Mike and Larson Marilyn J
Bought by
Larson Marilyn J
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
Watts Loren O $3,950,000 Security Title Agency
Sophic Llc $875,000 None Available
Crew Investments Group Llc $875,000 Clear Title Agency Of Az
Mistry Homes Llc $620,000 Clear Title Agency Of Az
Lww7 Property Llc $555,000 First American Title Ins Co
Beher Stiphan $380,000 Us Title Agency Llc
Cochran Mark $273,000 First American Title Ins Co
The Bank Of New York Mellon $292,500 First American Title
Obadia Sharon -- Ticor Title Agency Of Az Inc
Obadia Sharon $800,000 Ticor Title Agency Of Az Inc
Lanciano Shlomo -- North American Title Co
Lanciano Shlomo $470,000 North American Title Co
Larson Marilyn J -- --
Larson Marilyn J -- --
Larson Marilyn J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beher Stiphan $352,309
Previous Owner Obadia Sharon $640,000
Previous Owner Lanciano Shlomo $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $875,000 +2.9% --
12/17/2020 12/17/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $850,000 +123.7% --
11/28/2012 11/28/12 Sold $380,000 +852.4% --
10/15/2012 10/15/12 Pending -- -- --
09/14/2012 09/14/12 For Sale $39,900 -- --
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 $9,281 $125,713 -- --
2024 $7,660 $119,726 -- --
2023 $7,660 $158,270 $31,650 $126,620
2022 $2,924 $59,445 $59,445 $0
2021 $3,031 $57,135 $57,135 $0
2020 $2,686 $31,410 $6,280 $25,130
2019 $2,261 $29,620 $5,920 $23,700
2018 $2,189 $32,460 $6,490 $25,970
2017 $2,077 $30,700 $6,140 $24,560
2016 $2,020 $28,670 $5,730 $22,940
2015 $1,857 $25,910 $5,180 $20,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6167468

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-01-034