NOT LISTED FOR SALE

6422 E Exeter Blvd Unit 2 Scottsdale, AZ 85251

Indian Bend Neighborhood

Estimated Value: $6,818,000 - $8,070,896

0.94 Acre
$8,114,068 Price per Acre
40,946 Sq Ft Lot

Last Sold June 19, 2013

Last sale price $921,500

Est. 728% increase in value since last sale

Current estimated payment $43,827/month

120 Days on Market

Highlights

  • Gated Community
  • 0.94 Acre Lot
  • No HOA
  • Hopi Elementary School Rated A
  • Mountain View
  • Cul-De-Sac

About This Lot

As of June 2013

A unique opportunity to own a property in a private, gated neighborhood in the heart of Arcadia. Rare, perfect rectangular lot with prestigious Exeter address. This nearly 1 acre homesite sits behind a charming gate with a tree lined entrance for an idyllic quiet setting along one of Arcadia's best streets.

Last Agent to Sell the Property

Shawna Warner

RETSY License #SA114065000 Listed on: 11/01/2012

RETSY

Last Buyer's Agent

Andy Cracchiolo

Compass License #BR537507000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,688

Lot Details

  • 0.94 Acre Lot
  • Cul-De-Sac
  • Property is zoned R35

Property Views

  • Mountain Views

Schools

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

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 173-45-037

Community Details

Overview

  • No Home Owners Association
  • Lomardi Estates Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,688

Lot Details

0

Listing Details

  • Cross Street: Camelback and 64th Street
  • Property Type: Land
  • Development Status: Raw Land, Subdivision Plat Apv
  • Zoning: R35
  • Tax Year: 2013
  • Directions: South on 64th Street, East on Exeter - Properties are behind private gate. See Listing #4843259 for additional property for sale in this rare and unique neighborhood opporunity!
  • Lot Size Acres: 0.94
  • Road Surface Type: Gravel, Dirt, Private Street
  • Subdivision Name: Lomardi Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Mountain View(s), Gated Community
  • Disclosures: ALTA Survey Alba
  • Other Structures: None

Utilities

  • Electric: None
  • Water Source: None

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: 271x151
  • Lot Size Sq Ft: 40763.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 173-45-037
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1687.83
  • Tax Book Number: 173.00
  • Tax Lot: 2
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2014
Sold by
Ac Land Holdings Llc
Bought by
Burns Andrew A and Christine Burns C
Current Estimated Value
$7,627,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
3.95%
Mortgage Type
Trade

Purchase Details

Closed on
Apr 19, 2013
Sold by
Keefe Timothy M O
Bought by
Cracchiolo Daniel F

Purchase Details

Closed on
Oct 20, 2011
Sold by
Rector Revocable Living Trust
Bought by
Okeefe Timothy M and Timothy M Okeefe Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Burns Andrew A $3,200,000 Metropolitan Title Agency Ll
Cracchiolo Daniel F $921,500 Magnus Title Agency
Okeefe Timothy M $537,000 Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Andrew A $1,750,000
Closed Burns Andrew A $1,370,000
Closed Burns Andrew A $1,684,600
Closed Burns Andrew A $1,700,000
Previous Owner Okeefe Timothy M $877,500
Previous Owner Rector Walter W $877,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2013 06/19/13 Sold $921,500 -16.2% --
03/01/2013 03/01/13 Pending -- -- --
11/01/2012 11/01/12 For Sale $1,100,000 -- --
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 $20,432 $310,850 -- --
2024 $20,189 $296,047 -- --
2023 $20,189 $434,270 $86,850 $347,420
2022 $19,124 $337,180 $67,430 $269,750
2021 $20,356 $334,230 $66,840 $267,390
2020 $20,173 $299,080 $59,810 $239,270
2019 $19,445 $299,060 $59,810 $239,250
2018 $18,810 $267,070 $53,410 $213,660
2017 $17,989 $269,720 $53,940 $215,780
2016 $17,629 $252,760 $50,550 $202,210
2015 $16,751 $244,660 $48,930 $195,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4843236

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-45-037