$1,672,500
SOLD OCT 8, 2020

6727 N 63rd Place Unit 5 Paradise Valley, AZ 85253

Paradise Valley Neighborhood
1.01 Acres
$1,655,941 Price per Acre
43,996 Sq Ft Lot

Recently Sold

8% Below List Price

68 Days on Market

Highlights

  • City Lights View
  • 1.01 Acre Lot
  • No HOA
  • Kiva Elementary School Rated A

About This Lot

As of October 2020

Excellent Gentle Sloping Lot...

Direct views of Camelback Mtn...

No Hillside Ordinance...

Last Agent to Sell the Property

Gary Todd

Fathom Realty Elite License #BR108497000 Listed on: 07/09/2020

Fathom Realty Elite

Co-Listed By

Sylvia Todd

Fathom Realty Elite License #SA019343000

Last Buyer's Agent

Mark Lindabury

Russ Lyon Sotheby's International Realty License #SA572340000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,933

Lot Details

  • 1.01 Acre Lot
  • Property is zoned R-43

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Community Details

  • No Home Owners Association
  • Invergordon Heights Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 169-36-005

Property Details

Property Type

Land

Est. Annual Taxes

$5,933

Lot Details

0

Listing Details

  • Cross Street: Invergordon and Lincoln
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R-43
  • Tax Year: 2019
  • Directions: North on Invergordon to Cactus Wren, west on Cactus Wren to 63rd Place, north to property.
  • Lot Size Acres: 1.01
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reax10
  • Co List Office Phone: 480-998-0676
  • Subdivision Name: INVERGORDON HEIGHTS
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: City Light View(s), Mountain View(s), North/South Exp
  • Disclosures: Soil Test, ALTA Survey Alba

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: Square
  • Lot Size Sq Ft: 43780.0
  • Additional Parcels: No
  • Parcel #: 169-36-005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5933.0
  • Tax Book Number: 169.00
  • Tax Lot: 5
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
May Family Trust and May Jason E
Bought by
Macjay Llc
Current Estimated Value
$9,078,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,745,303
Interest Rate
3.75%
Mortgage Type
Construction
Estimated Equity
$5,219,458

Purchase Details

Listed on
Jul 9, 2020
Closed on
Oct 1, 2020
Sold by
29 Views Llc
Bought by
May Jason E and May Joanna M
Seller's Agent
Gary Todd
Fathom Realty Elite
Buyer's Agent
Mark Lindabury
Russ Lyon Sotheby's International Realty
List Price
$1,825,000
Sold Price
$1,672,500
Premium/Discount to List
-$152,500
-8.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.42%

Purchase Details

Closed on
Aug 20, 2019
Sold by
Witmer James R and Douklias Alexandra K
Bought by
29 Views Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,269
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 24, 2013
Closed on
Jan 10, 2014
Sold by
Newman Leonore K
Bought by
Witmer James R and Douklias Alexander K
Seller's Agent
Wendy Walker
The Agency
Buyer's Agent
Lara Wolf
HomeSmart
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.48%
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 Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Warranty Deed $1,672,500 Fidelity Natl Ttl Agcy Inc
Warranty Deed $1,250,000 Landmark Ttl Assurance Agcy
Cash Sale Deed $1,000,000 Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 Construction
Previous Owner $672,269 Future Advance Clause Open End Mortgage
Previous Owner $394,725 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $1,672,500 -6.3% --
09/15/2020 09/15/20 Pending -- -- --
08/29/2020 08/29/20 Price Changed $1,785,000 -2.2% --
07/09/2020 07/09/20 For Sale $1,825,000 +82.5% --
01/10/2014 01/10/14 Sold $1,000,000 -9.1% --
10/25/2013 10/25/13 Pending -- -- --
01/22/2013 01/22/13 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 $19,804 $336,867 -- --
2024 $19,530 $320,826 -- --
2023 $19,530 $536,050 $107,210 $428,840
2022 $8,270 $191,720 $38,340 $153,380
2021 $6,557 $153,405 $153,405 $0
2020 $6,515 $152,460 $152,460 $0
2019 $5,933 $78,070 $15,610 $62,460
2018 $5,841 $82,910 $16,580 $66,330
2017 $5,611 $73,930 $14,780 $59,150
2016 $5,494 $68,950 $13,790 $55,160
2015 $5,473 $68,950 $13,790 $55,160
Source: Public Records

Agents Affiliated with this Home

  • Gary Todd

    Seller's Agent in 2020

    Gary Todd

    Fathom Realty Elite

    (602) 321-0181

    10 in this area

    23 Total Sales

    Gary Todd
    Section Image

  • S

    Seller Co-Listing Agent in 2020

    Sylvia Todd

    Fathom Realty Elite

    (602) 390-3444

    3 in this area

    11 Total Sales

    Sylvia Todd
    Section Image
  • Mark Lindabury

    Buyer's Agent in 2020

    Mark Lindabury

    Russ Lyon Sotheby's International Realty

    (602) 663-1327

    2 in this area

    10 Total Sales

    Mark Lindabury
    Section Image
  • Wendy Walker

    Seller's Agent in 2014

    Wendy Walker

    The Agency

    (866) 371-6468

    23 in this area

    158 Total Sales

    Wendy Walker
    Section Image

  • L

    Buyer's Agent in 2014

    Lara Wolf

    HomeSmart

    (480) 772-6332

    Lara Wolf
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6100936

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-36-005

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

6727 N 63rd Place Unit 5, Paradise Valley, AZ

This home is located at 6727 N 63rd Place Unit 5, Paradise Valley, AZ 85253 and is currently priced at $1,672,500. 6727 N 63rd Place Unit 5 is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro High School.

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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