$1,000,000
SOLD JAN 10, 2014

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

1.01 Acres
$990,099 Price per Acre
43,996 Sq Ft Lot

Recently Sold

9% Below List Price

276 Days on Market

Highlights

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

About This Lot

As of October 2020

RARE 1.003 ACRE MUMMY MOUNTAIN CUSTOM HOME SITE, surrounded by Luxury Homes, sits on the South slope of Mummy Mountain with exquisite elevated views of Camelback Mountain to the South. Build your 5,000 – 10,000 sq ft Dream Home in the architectural style and design of your choice. (ALTA Survey and Feasibility Study included). Finding a Site in this location is truly “Once in a Lifetime” – the owner has occupied the existing home on site for 36 years.

Last Agent to Sell the Property

Wendy Walker

The Agency License #SA520073000 Listed on: 01/24/2013

The Agency

Last Buyer's Agent

Lara Wolf

HomeSmart License #SA569094000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,694

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure
  • 1.01 Acre Lot
  • Residence on Property

Community Details

  • No Home Owners Association
  • Custom Home Site In Paradise Valley Subdivision

Listing and Financial Details

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

Property Details

Property Type

Land

Est. Annual Taxes

$4,694

Lot Details

0

Listing Details

  • Cross Street: Invergordon and Lincoln
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: RES
  • Tax Year: 2012
  • Directions: North on Invergordon to Cactus Wren. West on Cactus Wren to 63rd Pl. North on 63rd to propery on east side of the street
  • Lot Size Acres: 1.01
  • Subdivision Name: custom home site in Paradise Valley
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: Residence

Utilities

  • Electric: APS
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size: 190x230
  • Lot Size Sq Ft: 43780.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 169-36-005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4694.0
  • 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
$8,669,753

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
$6,332,922

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
40.93%

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
20.79%
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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4880009

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-36-005