NOT LISTED FOR SALE

6905 E Jackrabbit Rd Unit 4 Paradise Valley, AZ 85253

Indian Bend Neighborhood

Estimated Value: $1,554,000 - $2,989,000

1.02 Acres
$2,119,657 Price per Acre
44,431 Sq Ft Lot

Last Sold May 09, 2023

Last sale price $1,750,000

Est. 24% increase in value since last sale

Current estimated payment $12,226/month

268 Days on Market

Highlights

  • 1.02 Acre Lot
  • Mountain View
  • No HOA
  • Kiva Elementary School Rated A
  • Corner Lot
  • East or West Exposure

About This Lot

As of May 2023

Iconic Camelback Mountain Views with spectacular sunrises & sunsets can be yours on this 1+ Acre parcel in the heart of PV. A rare flat lot has established connected to utilities. Soil Tested and scraped ready & nestled in walkable Paradise Valley - a unique section of town that brings you close to Old Town Scottsdale restaurants, hikes, golf, entertainment, high street shopping - 3mins to Fashion Square Mall and Palmeraire at the new Ritz Carlton development - This homesite is surrounded by $7M, $11M - $20M estates with highly prized mountain views, ease of build-ability. Quickly reach Scottsdale Airpark for private jet service or Phoenix Sky Harbor within 20 minutes. Dream home awaits! Don't pass these up! You can't make more land! - but if you need more land neighboring lot available

Last Agent to Sell the Property

Oriana Lehman Wood

Russ Lyon Sotheby's International Realty License #SA636847000 Listed on: 05/03/2023

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Maximilian Schopen De Melo

America One Luxury Real Estate License #SA683590000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,080

Lot Details

  • 1.02 Acre Lot
  • East or West Exposure
  • Corner Lot
  • Additional Parcels
  • Property is zoned R-43

Schools

  • Kiva Elementary School
  • Mohave Middle School

Additional Features

  • Mountain Views
  • North or South Exposure
  • Private Water Source

Community Details

  • No Home Owners Association
  • Arcadia Vista Manor Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 173-19-010

Property Details

Property Type

Land

Est. Annual Taxes

$4,080

Lot Details

0

Listing Details

  • Cross Street: Jackrabbit & 69th Place
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: R-43
  • Tax Year: 2021
  • Directions: Scottsdale Road to Jackrabbit West to 69th Place
  • Lot Size Acres: 1.02
  • Road Surface Type: Asphalt
  • Subdivision Name: ARCADIA VISTA MANOR
  • View:Mountain View(s): Yes
  • Water Source Private Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: East/West Exposure, Corner Lot, North/South Exp
  • View: Mountain(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kiva Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: 287.88 X 151.42
  • Lot Size Sq Ft: 44258.0
  • Additional Parcels: Yes
  • Parcel #: 173-19-010
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4080.0
  • Tax Book Number: 173.00
  • Tax Lot: 4
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
May 9, 2023
Sold by
Mi Cielo Llc
Bought by
Jr6905 Llc
Seller's Agent
Oriana Lehman Wood
Russ Lyon Sotheby's International Realty
Buyer's Agent
Maximilian Schopen De Melo
America One Luxury Real Estate
List Price
$1,900,000
Sold Price
$1,750,000
Premium/Discount to List
-$150,000
-7.89%
Current Estimated Value
$2,162,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,050
Avg. Annual Appreciation
8.90%
Original Mortgage
$1,730,000
Outstanding Balance
$1,689,438
Interest Rate
6.42%
Mortgage Type
Seller Take Back
Estimated Equity
$439,614

Purchase Details

Closed on
Mar 24, 2021
Sold by
Krishna Ram R and Krishna Meera R
Bought by
Mi Cielo Llc

Purchase Details

Listed on
Jun 3, 2013
Closed on
Aug 12, 2013
Sold by
Cmc Grill Llc
Bought by
Krishna Ram R and Krishna Meera R
Seller's Agent
Mary Freel
DPR Realty LLC
Buyer's Agent
Greg Eggstaff
Realty ONE Group
List Price
$698,000
Sold Price
$687,500
Premium/Discount to List
-$10,500
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%

Purchase Details

Listed on
Jun 3, 2013
Closed on
Jul 16, 2013
Sold by
Ez Homes Inc
Bought by
Cmc Grill Llc
Seller's Agent
Mary Freel
DPR Realty LLC
Buyer's Agent
Greg Eggstaff
Realty ONE Group
List Price
$698,000
Sold Price
$687,500
Premium/Discount to List
-$10,500
-1.5%

Purchase Details

Closed on
May 16, 2013
Sold by
Nolan Jed D
Bought by
Ez Homes Inc

Purchase Details

Closed on
Mar 25, 2004
Sold by
Nolan Catherine L
Bought by
Nolan Jedd D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 1998
Sold by
Nolan Jed D
Bought by
Nolan Jed D
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
Jr6905 Llc $1,750,000 Premier Title Agency
Mi Cielo Llc $1,700,000 Lawyers Title Of Arizona Inc
Krishna Ram R $687,500 Grand Canyon Title Agency In
Cmc Grill Llc -- None Available
Ez Homes Inc $523,000 None Available
Nolan Jedd D -- First Southwestern Title
Nolan Jed D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jr6905 Llc $382,500
Open Jr6905 Llc $1,730,000
Previous Owner Nolan Jed D $700,000
Previous Owner Nolan Jed D $100,000
Previous Owner Nolan Jed D $417,000
Previous Owner Nolan Jed D $152,500
Previous Owner Nolan Jedd D $350,000
Previous Owner Nolan Jed D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $1,750,000 -7.9% --
05/03/2023 05/03/23 Price Changed $1,900,000 0.0% --
03/23/2023 03/23/23 Pending -- -- --
11/04/2022 11/04/22 For Sale $1,900,000 +8.6% --
11/01/2022 11/01/22 Off Market $1,750,000 -- --
06/28/2022 06/28/22 For Sale $1,900,000 +176.4% --
08/15/2013 08/15/13 Sold $687,500 -1.5% --
08/03/2013 08/03/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $698,000 -- --
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 $5,342 $90,878 $90,878 --
2024 $5,269 $86,550 $86,550 --
2023 $5,269 $175,380 $175,380 $0
2022 $3,838 $96,400 $19,280 $77,120
2021 $4,080 $83,650 $16,730 $66,920
2020 $4,054 $77,650 $15,530 $62,120
2019 $3,914 $59,500 $11,900 $47,600
2018 $3,769 $58,950 $11,790 $47,160
2017 $3,620 $57,100 $11,420 $45,680
2016 $3,545 $51,010 $10,200 $40,810
2015 $3,363 $51,010 $10,200 $40,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6425570

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-19-010