NOT LISTED FOR SALE

Estimated Value: $6,131,000 - $12,505,632

3.11 Acres
$2,996,243 Price per Acre
135,472 Sq Ft Lot

Last Sold November 02, 2017

Last sale price $1,850,000

Est. 325% increase in value since last sale

Current estimated payment $46,600/month

583 Days on Market

Highlights

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

About This Lot

As of November 2017

Beautiful 3+ acre lot located in the heart of Paradise Valley. Unbelievable views of Camelback and Mummy mountains are inobstructable,flat and ready to build on! It is being sold as a one homesite parcel. Seller will not consider offers with contingencies for lot splits. Surrounded by multi million $ estates. Beautiful full on views of Camelback Mountain.

Last Agent to Sell the Property

Robert Hassett

Russ Lyon Sotheby's International Realty License #SA029216000 Listed on: 02/19/2016

Russ Lyon Sotheby's International Realty

Co-Listed By

Maria Wrede

Russ Lyon Sotheby's International Realty License #SA540279000

Last Buyer's Agent

Steve Dubinka

HomeSmart License #BR006215000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,623

Lot Details

  • 3.11 Acre Lot
  • Property is zoned R-43

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

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

Community Details

  • No Home Owners Association
  • Las Estancias Lot 1&2 Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 169-18-010

Property Details

Property Type

Land

Est. Annual Taxes

$12,623

Lot Details

0

Listing Details

  • Cross Street: Tatum & Indian Bend
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv, Off Site Imp Complte
  • Zoning: R-43
  • Tax Year: 2015
  • Directions: Tatum North of Lincoln to Indian Bend West to 46th St South to property on East side of street.
  • Lot Size Acres: 3.11
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: LAS ESTANCIAS LOT 1&2
  • Special Features: VirtualTour
  • 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: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 135400.0
  • Additional Parcels: No
  • Parcel #: 169-18-010
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12623.0
  • Tax Book Number: 169.00
  • Tax Lot: 1
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
Dec 28, 2017
Sold by
Leto Hillary
Bought by
Leto Andrew J
Seller's Agent
Robert Hassett
Russ Lyon Sotheby's International Realty
Buyer's Agent
Steve Dubinka
HomeSmart
List Price
$2,995,000
Sold Price
$1,850,000
Premium/Discount to List
-$1,145,000
-38.23%
Current Estimated Value
$7,868,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,018,135
Avg. Annual Appreciation
16.61%

Purchase Details

Listed on
Feb 19, 2016
Closed on
Oct 23, 2017
Sold by
Baker Virginia and Finks Alan David
Bought by
Model Ffg Llc
Seller's Agent
Robert Hassett
Russ Lyon Sotheby's International Realty
Buyer's Agent
Steve Dubinka
HomeSmart
List Price
$2,995,000
Sold Price
$1,850,000
Premium/Discount to List
-$1,145,000
-38.23%

Purchase Details

Closed on
Aug 30, 2017
Sold by
Finks Merle Jo and Baker Virginia
Bought by
Baker Virginia and Finks Alan David

Purchase Details

Closed on
Dec 14, 2012
Sold by
Finks Merle Jo
Bought by
Finks Merle Jo and Baker Virginia

Purchase Details

Closed on
Mar 26, 2004
Sold by
Finks Harvey
Bought by
Finks Harvey

Purchase Details

Closed on
Mar 25, 2004
Sold by
Finks Merle Jo
Bought by
Finks Harvey

Purchase Details

Closed on
Jun 27, 1997
Sold by
Elder F T
Bought by
Finks Harvey
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
Leto Andrew J -- Old Republic Title Agency
Leto Andrew J $2,410,000 Old Republic Title Agency
Model Ffg Llc $1,850,000 Fidelity National Title Phoe
Baker Virginia -- None Available
Finks Merle Jo -- None Available
Finks Merle Jo -- None Available
Finks Merle Jo -- None Available
Finks Harvey -- --
Finks Harvey -- --
Finks Harvey $610,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leto Andrew J $5,000,000
Closed Lette Andrew J $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2017 11/02/17 Sold $1,850,000 -7.3% --
09/24/2017 09/24/17 Pending -- -- --
07/14/2017 07/14/17 Price Changed $1,995,000 -33.4% --
02/19/2016 02/19/16 For Sale $2,995,000 -- --
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 $42,254 $718,761 -- --
2024 $41,671 $684,534 -- --
2023 $41,671 $1,143,750 $228,750 $915,000
2022 $28,480 $660,250 $132,050 $528,200
2021 $19,868 $406,580 $81,310 $325,270
2020 $14,265 $290,985 $290,985 $0
2019 $13,772 $291,225 $291,225 $0
2018 $13,261 $269,265 $269,265 $0
2017 $12,739 $234,855 $234,855 $0
2016 $12,473 $195,720 $195,720 $0
2015 $12,623 $199,136 $199,136 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5401338

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-18-010