NOT LISTED FOR SALE

6820 E Meadowlark Ln Unit 1 Paradise Valley, AZ 85253

Estimated Value: $6,180,000 - $7,398,000

1.26 Acres
$5,496,763 Price per Acre
54,886 Sq Ft Lot

Last Sold April 11, 2017

Last sale price $908,000

Est. 663% increase in value since last sale

Current estimated payment $38,045/month

39 Days on Market

About This Lot

As of April 2017

Paradise Valley luxury custom home site with views of Mummy Mountain and Camelback Mountain is ready for the most imaginative and exceptional of architectural possibilities. Conveniently situated near but not too close to the future 5-Star Ritz Carleton and its sister project of mixed-use spaces of retail and dining. The North/South orientation on the cul de sac street of Meadowlark Lane assures a stately presence while still offering convenient commutes to surrounding areas. 1.26 acres of flat and accessible space provides endless choices for a new luxury custom residence. You are invited to walk the property and envision what ''Your New Home'' could be. Property will be conveyed in ''AS IS'' condition.

Last Agent to Sell the Property

Linda Messenger

HomeSmart License #SA508688000 Listed on: 01/20/2017

HomeSmart

Last Buyer's Agent

Kelsey Pasquel

Scottsdale Classic Real Estate License #BR542813000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,053

Lot Details

  • 1.26 Acre Lot
  • Property is zoned R-43

Schools

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

Community Details

  • No Home Owners Association
  • Coyote Tracks 2 Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 174-50-029

Property Details

Property Type

Land

Est. Annual Taxes

$5,053

Lot Details

0

Listing Details

  • Cross Street: Mockingbird and Meadowlark Lane
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R-43
  • Tax Year: 2016
  • Directions: East on Lincoln Drive to Mockingbird. North on Mockingbird to Meadowlark Lane. East on Meadowlark Lane. Vacant lot is on the Northeast corner of Mockingbird and Meadowlark Lane.
  • Lot Size Acres: 1.26
  • Subdivision Name: COYOTE TRACKS 2
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: APS
  • Water Source: Private 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: 343.86 X 156.65
  • Lot Size Sq Ft: 54797.0
  • Additional Parcels: No
  • Parcel #: 174-50-029
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5053.0
  • Tax Book Number: 174.00
  • Tax Lot: 1
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2018
Sold by
Stoner Alan B and Stoner Cindy M
Bought by
Stoner Alan B and Stoner Cindy M
Current Estimated Value
$6,925,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2017
Closed on
Apr 11, 2017
Sold by
Edmunds Geoffrey H and Edmunds Jane
Bought by
Stoner Alan and Stoner Cindy
Seller's Agent
Linda Messenger
HomeSmart
Buyer's Agent
Kelsey Pasquel
Scottsdale Classic Real Estate
List Price
$975,000
Sold Price
$908,000
Premium/Discount to List
-$67,000
-6.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.97%

Purchase Details

Closed on
Sep 25, 2014
Sold by
Cottrell Patricia A
Bought by
The Edmunds Revocable Living Trust

Purchase Details

Closed on
Aug 15, 2007
Sold by
Cottrell Patricia Ann
Bought by
Cottrell Patricia A
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 Buyer Sale Price Title Company
Stoner Alan B -- Pioneer Title Agency Inc
Stoner Alan $908,000 First American Title Insuran
The Edmunds Revocable Living Trust $750,000 First American Title Ins Co
Cottrell Patricia A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Stoner Alan B $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2017 04/11/17 Sold $908,000 -6.9% --
02/28/2017 02/28/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $975,000 -- --
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 $15,903 $270,511 -- --
2024 $15,683 $257,630 -- --
2023 $15,683 $494,610 $98,920 $395,690
2022 $15,044 $371,530 $74,300 $297,230
2021 $15,993 $327,280 $65,450 $261,830
2020 $7,083 $154,680 $154,680 $0
2019 $6,838 $136,020 $136,020 $0
2018 $6,584 $140,475 $140,475 $0
2017 $5,435 $72,420 $14,480 $57,940
2016 $5,321 $66,780 $13,350 $53,430
2015 $5,053 $66,780 $13,350 $53,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5549504

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-50-029