NOT LISTED FOR SALE

6501 N 48th St Paradise Valley, AZ 85253

Estimated Value: $3,065,000 - $3,533,000

-- Bed
3 Baths
3,167 Sq Ft
$1,042/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $705,000 $223 Per Sq Ft

Est. 438% increase in value since last sale

Current estimated payment $20,682/month

255 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Circular Driveway
  • Kiva Elementary School Rated A
  • No HOA
  • 4 Car Direct Access Garage

About This Home

As of October 2018

Are you looking for a 1+ acre property in Paradise Valley with gorgeous views of Camelback Mountain, then this is the property for you. The current owner has done a complete demo of the interior of this ranch style home. This home has a 4 car tandem garage with a 14' peaked ceiling along with a 24' x 32' block built detached workshop. The Buyer can demo this home and start over or add on to the existing home.

Last Agent to Sell the Property

Barry Witherwax

DPR Realty LLC License #SA528504000 Listed on: 01/17/2018

DPR Realty LLC

Last Buyer's Agent

Cynthia Kenner

HomeSmart License #BR008548000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,031

Year Built

  • Built in 1969 | Under Construction

Lot Details

  • 1.03 Acre Lot
  • Block Wall Fence
  • Corner Lot

Parking

  • 4 Car Direct Access Garage
  • Tandem Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 3,167 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Schools

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

Utilities

  • No Heating
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 169-17-011

Community Details

Overview

  • No Home Owners Association
  • Coronado Foothills 1 Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,031

Year Built

Built in 1969 | Under Construction

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Tatum & Lincoln
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1969
  • Tax Year: 2017
  • Directions: West on Lincoln to 48th St. Property sits on the northeast corner of 48th St & Lincoln.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.03
  • Subdivision Name: CORONADO FOOTHILLS 1
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Spa Features: None
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 3167.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Other Rooms:Separate Workshop: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive
  • Lot Features: Corner Lot, Dirt Front, Dirt Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Property Condition: Under Construction, Fixer
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Circular Drive: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Tandem
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Other, See Remarks
  • Heating: None
  • Laundry Features: None
  • Water Source: Pvt Water Company
  • Sewer Septic Tank: Yes
  • Heating:No Heat: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 44667.0
  • Parcel #: 169-17-011
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3031.0
  • Tax Book Number: 169.00
  • Tax Lot: 1
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2018
Closed on
Oct 10, 2018
Sold by
Wilson Vincent Keith and Wilson Maria Teresa
Bought by
P & P Capital 1 Llc
Seller's Agent
Barry Witherwax
DPR Realty LLC
Buyer's Agent
Cynthia Kenner
HomeSmart
List Price
$849,900
Sold Price
$705,000
Premium/Discount to List
-$144,900
-17.05%
Current Estimated Value
$3,791,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,086,874
Avg. Annual Appreciation
24.70%

Purchase Details

Listed on
Feb 4, 2017
Closed on
Apr 25, 2017
Sold by
Waddell Warren W
Bought by
Wilson Vincent Keith and Wilson Maria Teresa
Seller's Agent
Kelly Hundelt
Realty Executives Arizona Territory
Buyer's Agent
Barry Witherwax
DPR Realty LLC
List Price
$799,900
Sold Price
$799,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.23%
Original Mortgage
$424,100
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1999
Sold by
Archer James S
Bought by
Waddell Warren W and Waddell Constance R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1997
Sold by
White Richard L
Bought by
Archer James S

Purchase Details

Closed on
Jun 26, 1995
Sold by
Duke David Lance
Bought by
White Richard L and White Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,700
Interest Rate
7.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 1994
Sold by
Weisberg Arthur J
Bought by
Weisberg Arthur J and Weisberg Faye M

Purchase Details

Closed on
Jul 15, 1994
Sold by
Weisberg Arthur J
Bought by
Duke David Lance and Duke Dayna
Source: Public Records

Range of Values:

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Average Value
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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
P & P Capital 1 Llc $705,000 Landmark Title Assurance Age
Wilson Vincent Keith $799,900 Fidelity National Title Agen
Waddell Warren W $410,000 Fidelity Title
Archer James S $275,000 Old Republic Title Agency
White Richard L $255,000 Security Title Agency
Weisberg Arthur J -- United Title Agency
Weisberg Arthur J -- United Title Agency
Duke David Lance $230,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Vincent Keith $424,100
Previous Owner Waddell Warren W $119,000
Previous Owner White Richard L $174,700
Closed White Richard L $54,800
Closed Waddell Warren W $277,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2018 10/19/18 Sold $705,000 -5.9% $223 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
07/23/2018 07/23/18 Price Changed $749,000 -5.8% $237 / Sq Ft
03/14/2018 03/14/18 Price Changed $795,000 -6.5% $251 / Sq Ft
01/16/2018 01/16/18 For Sale $849,900 +6.3% $268 / Sq Ft
05/01/2017 05/01/17 Sold $799,900 0.0% $253 / Sq Ft View Prior Sale
02/28/2017 02/28/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $799,900 -- $253 / Sq Ft
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 $7,659 $124,547 -- --
2024 $7,221 $118,616 -- --
2023 $7,221 $210,600 $42,120 $168,480
2022 $6,927 $176,350 $35,270 $141,080
2021 $7,363 $148,500 $29,700 $118,800
2020 $3,748 $71,420 $14,280 $57,140
2019 $4,898 $69,530 $13,900 $55,630
2018 $4,117 $65,920 $13,180 $52,740
2017 $3,931 $59,280 $11,850 $47,430
2016 $3,836 $66,600 $13,320 $53,280
2015 $3,609 $66,600 $13,320 $53,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5709863

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-17-011