NOT LISTED FOR SALE

6402 E Cheney Dr Unit 1 Paradise Valley, AZ 85253

Estimated Value: $6,175,681 - $7,651,000

1.08 Acres
$6,434,778 Price per Acre
47,045 Sq Ft Lot

Last Sold February 05, 2021

Last sale price $1,650,000

Est. 313% increase in value since last sale

Current estimated payment $37,062/month

35 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • No HOA
  • Kiva Elementary School Rated A

About This Lot

As of February 2021

INCREDIBLE OPPORTUNITY ON A 1.08 ACRE LARGE, CLEARED, CORNER LOT WITH BREATHTAKING MOUNTAIN AND CITY LIGHT VIEWS IN THE HEART OF PARADISE VALLEY!! THIS PROPERTY OFFERS A RARELY AVAILABLE FLAT AND RECTANGULAR SHAPED LOT TO CREATE A 'BUILD TO SUIT' CUSTOM HOME. LOCATION, LOCATION, LOCATION!! TRANQUILITY, YET VERY CENTRALLY LOCATED. WITHIN MINUTES YOU'RE QUICKLY IN THE ACTION OF THE CAMELBACK CORRIDOR AND OLD TOWN SCOTTSDALE. NEARBY SHOPPING, FINE DINING, 5 STAR RESORTS, A+ SCHOOLS, HIKING TRAILS, AND WORLD CLASS GOLF. QUICK ACCESS TO EITHER THE 101 FWY OR SR51. EASY COMMUTE UP NORTH OR SOUTH TO THE AIRPORT.

Last Agent to Sell the Property

Brian Keller

RE/MAX Fine Properties License #SA643426000 Listed on: 10/15/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,808

Lot Details

  • 1.08 Acre Lot
  • Property is zoned R-43

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Cheney Drive Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 174-44-002-B

Property Details

Property Type

Land

Est. Annual Taxes

$5,808

Lot Details

0

Listing Details

  • Cross Street: CHENEY DRIVE & N. MOCKINGBIRD LANE
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: See Remarks
  • Topography: Other (See Rmks)
  • Zoning: R-43
  • Tax Year: 2020
  • Horses: Yes
  • Lot Size Acres: 1.08
  • Road Surface Type: Asphalt
  • Subdivision Name: CHENEY DRIVE
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: See Remarks, Mountain View(s), North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: Other (See Rmks)

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: 148 x 313
  • Lot Size Sq Ft: 47222.0
  • Additional Parcels: No
  • Parcel #: 174-44-002-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5808.0
  • Tax Book Number: 174.00
  • Tax Lot: 1
  • Tax Map Number: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
6402 E Cheney Llc
Bought by
Hartman Family Living Trust
Current Estimated Value
$6,810,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,543,500
Outstanding Balance
$4,178,239
Interest Rate
2.63%
Mortgage Type
Construction
Estimated Equity
$2,771,321

Purchase Details

Listed on
Oct 15, 2020
Closed on
Mar 3, 2021
Sold by
Ariel Global Inv Llc 401K Psp and Shemesh Uri
Bought by
David J Ghiz And Melanie T Ghiz Revocable Tru and Ghiz
Seller's Agent
Brian Keller
RE/MAX Fine Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,650,000
Sold Price
$1,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.55%

Purchase Details

Listed on
Oct 15, 2020
Closed on
Feb 5, 2021
Sold by
Ariel Global Investments Llc 401 K Profi and Shemesh Uri
Bought by
6402 E Cheney Llc
Seller's Agent
Brian Keller
RE/MAX Fine Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,650,000
Sold Price
$1,650,000

Purchase Details

Closed on
Aug 18, 2020
Sold by
Arizona Hidtorical Society
Bought by
Shemesh Url S and Ariel Globel Investments Llc
Source: Public Records
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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
Hartman Family Living Trust -- First Arizona Title
David J Ghiz And Melanie T Ghiz Revocable Tru $1,685,000 First Arizona Title
6402 E Cheney Llc $1,485,000 Thomas Title & Escrow Llc
Shemesh Url S $1,730,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartman Family Living Trust $4,543,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $1,650,000 0.0% --
11/19/2020 11/19/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $1,650,000 -- --
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 $20,363 $331,117 -- --
2024 $7,083 $220,861 -- --
2023 $7,083 $194,420 $38,880 $155,540
2022 $5,222 $147,480 $147,480 $0
2021 $5,524 $76,870 $15,370 $61,500
2020 $5,808 $79,800 $15,960 $63,840
2019 $6,207 $73,780 $14,750 $59,030
2018 $5,063 $74,620 $14,920 $59,700
2017 $4,840 $70,630 $14,120 $56,510
2016 $4,726 $71,650 $14,330 $57,320
2015 $4,454 $71,650 $14,330 $57,320
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brian Keller

    RE/MAX

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6147073

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-44-002B

Arizona Maricopa County Paradise Valley 85253

6402 E Cheney Dr Unit 1, Paradise Valley, AZ

Not Listed for Sale

Lots

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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