NOT LISTED FOR SALE

6940 E Horseshoe Rd Unit 1 Paradise Valley, AZ 85253

Estimated Value: $5,248,000 - $8,168,000

1.16 Acres
$5,864,075 Price per Acre
50,530 Sq Ft Lot

Sale Details

Date Sold: March 29, 2016

Last sale price $775,000

Est. 778% increase in value since last sale

Current estimated payment $37,748 / mo

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

The Agency License #SA640721000

The Agency

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,125

Lot Details

  • 1.16 Acre Lot
  • 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

1.16 Acres

Listing Details

  • Cross Street: DOUBLETREE & INVERGORDON
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: R-43
  • Tax Year: 2015
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2017
Sold by
Bought by
Current Estimated Value
$6,802,327

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
Bought by
Seller's Agent
Gary Todd
Fathom Realty Elite
Buyer's Agent
Lindsay Dwyer
The Agency
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
23.63%

Purchase Details

Listed on
Nov 16, 2015
Closed on
Dec 16, 2015
Sold by
Bought by
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
Bought by
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
Bought by
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
Bought by

Purchase Details

Closed on
Apr 8, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 2008
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,025,000 First American Title Insuran
$775,000 Grand Canyon Title Agency
$735,000 Stewart Title
$625,000 Fidelity National Title Agen
$1,250,000 Fidelity National Title Agen
$787,500 Equity Title Agency Inc
-- Equity Title Agency Inc
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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% -- View Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,931 $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

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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

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