NOT LISTED FOR SALE

6940 E Horseshoe Rd Unit 1 Paradise Valley, AZ 85253

Estimated Value: $7,139,297 - $8,053,000

1.16 Acres
$6,535,717 Price per Acre
50,530 Sq Ft Lot

Last Sold March 29, 2016

Last sale price $775,000

Est. 878% increase in value since last sale

Current estimated payment $41,224/month

26 Days on Market

Highlights

  • Mountain View
  • Cherokee Elementary School Rated A
  • No HOA

About This Lot

As of March 2016

PRIME BUILDING OPPORTUNITY IN THE HEART OF PARADISE VALLEY. VERY QUIET AND PRIVATE STREET, PERFECT FOR A SPEC HOME OR BUILT TO SUIT. SEVERAL HOMES UNDER CONSTRUCTION AND MANY OTHERS RECENTLY FINISHED. FLAT, REGULAR SHAPED LOT WITH ALL UTILITIES READY.

Last Agent to Sell the Property

Gary Todd

Fathom Realty Elite License #BR108497000 Listed on: 02/12/2016

Fathom Realty Elite

Co-Listed By

Jazmin Celaya

Libertas Real Estate License #SA660857000

Last Buyer's Agent

Lindsay Dwyer

Silverleaf Realty License #SA640721000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,125

Lot Details

  • 1.16 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned R-43

Schools

  • Cherokee Elementary School
  • Cocopah Middle School
  • Chaparral High School

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Rose Lot Split Mld Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 174-31-033

Property Details

Property Type

Land

Est. Annual Taxes

$6,125

Lot Details

0

Listing Details

  • Cross Street: DOUBLETREE & INVERGORDON
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: R-43
  • Tax Year: 2015
  • Directions: EAST ON DOUBLETREE, SOUTH ON 66TH PL, EAST ON HORSESHOE TO PROPERTY ON NORTH SIDE.
  • Lot Size Acres: 1.16
  • Co List Office Mls Id: reax10
  • Co List Office Phone: 480-998-0676
  • Subdivision Name: ROSE LOT SPLIT MLD
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: Other (See Rmks)

Utilities

  • Electric: APS
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Lot Size: SQUARE RECTANGULAR
  • Lot Size Sq Ft: 50494.0
  • Additional Parcels: No
  • Parcel #: 174-31-033
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6125.0
  • Tax Book Number: 174.00
  • Tax Lot: 1
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2017
Sold by
Mcneice Holdings Llc
Bought by
Johnson Johnson C and Johnson Theresa
Current Estimated Value
$7,581,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2016
Closed on
Mar 22, 2016
Sold by
Hee Haw Llc
Bought by
Mcneice Holdings Llc
Seller's Agent
Gary Todd
Fathom Realty Elite
Buyer's Agent
Lindsay Dwyer
Silverleaf Realty
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.65%

Purchase Details

Listed on
Nov 16, 2015
Closed on
Dec 16, 2015
Sold by
Marchal Steven D
Bought by
Hee Haw Llc
Seller's Agent
Shane Ashcraft
Russ Lyon Sotheby's International Realty
Buyer's Agent
Gary Todd
Fathom Realty Elite
List Price
$748,500
Sold Price
$735,000
Premium/Discount to List
-$13,500
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.61%

Purchase Details

Listed on
May 25, 2012
Closed on
Jul 14, 2013
Sold by
Jtmg Properties Llc
Bought by
Marchal Steven D
Seller's Agent
Renata Martin
Realty ONE Group
Buyer's Agent
Shane Ashcraft
Russ Lyon Sotheby's International Realty
List Price
$799,000
Sold Price
$625,000
Premium/Discount to List
-$174,000
-21.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%

Purchase Details

Listed on
May 25, 2012
Closed on
Jul 9, 2013
Sold by
Hayden Mary Louise Thrush
Bought by
Jtmg Properties Llc
Seller's Agent
Renata Martin
Realty ONE Group
Buyer's Agent
Shane Ashcraft
Russ Lyon Sotheby's International Realty
List Price
$799,000
Sold Price
$625,000
Premium/Discount to List
-$174,000
-21.78%

Purchase Details

Closed on
Jun 1, 2010
Sold by
M & I Marshall & Ilsley Bank
Bought by
Hayden Mary Louise Thrush and Hayden John B

Purchase Details

Closed on
Apr 8, 2010
Sold by
Rose Barbara Jean and Rose Denise Lyn
Bought by
M&I Marshall & Ilsley Bank

Purchase Details

Closed on
Oct 28, 2008
Sold by
Rose Barbara Jean
Bought by
Rose Barbara Jean and Rose Denise Lyn
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
Johnson Johnson C $3,025,000 First American Title Insuran
Mcneice Holdings Llc $775,000 Grand Canyon Title Agency
Hee Haw Llc $735,000 Stewart Title
Marchal Steven D $625,000 Fidelity National Title Agen
Jtmg Properties Llc $1,250,000 Fidelity National Title Agen
Hayden Mary Louise Thrush $787,500 Equity Title Agency Inc
M&I Marshall & Ilsley Bank -- Equity Title Agency Inc
Rose Barbara Jean -- None Available
Rose Barbara Jean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Johnson C $2,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2016 03/29/16 Sold $775,000 -2.5% --
03/09/2016 03/09/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $795,000 +8.2% --
12/30/2015 12/30/15 Sold $735,000 -1.8% --
11/18/2015 11/18/15 Pending -- -- --
11/16/2015 11/16/15 For Sale $748,500 +19.8% --
07/15/2013 07/15/13 Sold $625,000 -21.8% $12 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/25/2012 05/25/12 For Sale $799,000 -- $16 / Sq Ft
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 $12,335 $220,023 -- --
2024 $12,156 $209,545 -- --
2023 $12,156 $395,500 $79,100 $316,400
2022 $11,637 $305,330 $61,060 $244,270
2021 $12,408 $277,860 $55,570 $222,290
2020 $12,325 $278,950 $55,790 $223,160
2019 $11,878 $238,210 $47,640 $190,570
2018 $11,415 $114,630 $114,630 $0
2017 $6,181 $109,155 $109,155 $0
2016 $6,052 $92,595 $92,595 $0
2015 $6,125 $87,392 $87,392 $0
Source: Public Records

Agents Affiliated with this Home

  • Gary Todd

    Seller's Agent in 2016

    Gary Todd

    Fathom Realty Elite

    (602) 321-0181

    7 in this area

    24 Total Sales

    Gary Todd
    Section Image
  • Jazmin Celaya

    Seller Co-Listing Agent in 2016

    Jazmin Celaya

    Libertas Real Estate

    (480) 998-0676

    4 Total Sales

    Jazmin Celaya
    Section Image
  • Lindsay Dwyer

    Buyer's Agent in 2016

    Lindsay Dwyer

    Silverleaf Realty

    (480) 250-6969

    4 in this area

    20 Total Sales

    Lindsay Dwyer
    Section Image
  • Shane Ashcraft

    Seller's Agent in 2015

    Shane Ashcraft

    Russ Lyon Sotheby's International Realty

    (480) 287-5200

    6 in this area

    61 Total Sales

    Shane Ashcraft
    Section Image

  • M

    Seller Co-Listing Agent in 2015

    Mark Moskowitz

    Russ Lyon Sotheby's International Realty

    (602) 499-0740

    Mark Moskowitz
    Section Image

  • R

    Seller's Agent in 2013

    Renata Martin

    Realty One Group

    (602) 996-6004

    9 Total Sales

    Renata Martin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5397903

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-31-033

Arizona Maricopa County Paradise Valley 85253

6940 E Horseshoe Rd Unit 1, Paradise Valley, AZ

This home is located at 6940 E Horseshoe Rd Unit 1, Paradise Valley, AZ 85253 since 12 February 2016 and is currently estimated at $7,581,432. 6940 E Horseshoe Rd Unit 1 is a home located in Maricopa County with nearby schools including Cherokee Elementary School, Cocopah Middle School, and Chaparral 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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