NOT LISTED FOR SALE

6517 E Cholla Dr Paradise Valley, AZ 85253

Estimated Value: $7,858,000 - $9,323,000

1.08 Acres
$7,963,079 Price per Acre
47,045 Sq Ft Lot

Last Sold June 25, 2020

Last sale price $1,550,000

Est. 455% increase in value since last sale

Current estimated payment $46,419/month

189 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Level Lot
  • Kiva Elementary School Rated A

About This Lot

As of June 2020

Great opportunity to purchase an acre plus lot located in a prime location in the Town of Paradise Valley. Non-hillside, North/South exposure, flat rectangular interior lot situated on a quiet private street surrounded by mountain views and stunning estates. Just minutes from restaurants, shopping, resorts, entertainment, golf, and hiking trails. This spectacular property is ready for the estate of your dreams.

Last Agent to Sell the Property

Joshua Peters

Compass License #SA640957000 Listed on: 11/19/2019

Last Buyer's Agent

Scott Grigg

Grigg's Group Powered by The Altman Brothers License #SA561582000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,271

Lot Details

  • 1.08 Acre Lot
  • Block Wall Fence
  • Level Lot

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 174-44-007-M

Property Details

Property Type

Land

Est. Annual Taxes

$6,271

Lot Details

0

Listing Details

  • Cross Street: E Cheney Dr & N Mockingbird Ln
  • Property Type: Land
  • Topography: Level
  • Zoning: Residential
  • Tax Year: 2019
  • Lot Size Acres: 1.08
  • Road Surface Type: Treated
  • Tax Parcel Letter: M
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Electric: APS
  • Water Source: Other

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: 46,875
  • Lot Size Sq Ft: 46875.0
  • Additional Parcels: No
  • Parcel #: 174-44-007-M
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6271.0
  • Tax Book Number: 174.00
  • Tax Lot: -
  • Tax Map Number: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Jun 24, 2020
Sold by
Sandcastle Enterprises Llc
Bought by
Kottoor Simon M and Kottoor Elizabeth
Seller's Agent
Joshua Peters
Compass
Buyer's Agent
Scott Grigg
Grigg's Group Powered by The Altman Brothers
List Price
$1,750,000
Sold Price
$1,550,000
Premium/Discount to List
-$200,000
-11.43%
Current Estimated Value
$8,600,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,050,125
Avg. Annual Appreciation
36.32%

Purchase Details

Closed on
Dec 21, 2015
Sold by
C & B Vision Builders Llc
Bought by
Sandcastle Enterprises 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
Kottoor Simon M $1,550,000 Premier Title Agency Inc
Sandcastle Enterprises Llc -- Lawyers Title Of Arizona Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2020 06/25/20 Sold $1,550,000 -11.4% --
05/26/2020 05/26/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $1,750,000 -- --
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 $17,915 $291,319 -- --
2024 $16,890 $277,447 -- --
2023 $16,890 $463,570 $92,710 $370,860
2022 $7,758 $179,860 $35,970 $143,890
2021 $6,537 $143,640 $143,640 $0
2020 $6,496 $135,495 $135,495 $0
2019 $6,271 $119,610 $119,610 $0
2018 $6,038 $124,875 $124,875 $0
2017 $5,801 $118,800 $118,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6006589

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-44-007M