NOT LISTED FOR SALE

Estimated Value: $5,721,000 - $6,796,000

2.53 Acres
$2,505,420 Price per Acre
110,207 Sq Ft Lot

Last Sold August 31, 2017

Last sale price $950,000

Est. 567% increase in value since last sale

Current estimated payment $37,337/month

60 Days on Market

Highlights

  • Gated with Attendant
  • City Lights View
  • Cul-De-Sac
  • Phoenix Coding Academy Rated A
  • 2.53 Acre Lot
  • Property is near a preserve or public land

About This Lot

As of August 2017

PARADISE RESERVE IS THE MOST PREMIUM PROPERTY IN THE PHOENIX METRO AREA AND THE LAND HAS BEEN GENEROUSLY APPORTIONED FOR TODAY'S PRIVATE, LUXURY LIFESTYLE. EACH OF THE 14 CAREFULLY DESIGNATED ESTATE HOMESITES AVERAGES WELL OVER AN ACRE OF WIDE-OPEN SPACE ALONG THE HILLSIDE FOR THE REALIZATION OF YOUR PERSONAL ARIZONA ESTATE. INCREDIBLE VIEWS OF CAMELBACK MOUNTAIN, PHOENIX MOUNTAIN PRESERVE AND DOWNTOWN PHOENIX. “BUILD TO SUIT PRICING”. ARCHITECTURE IS INCLUDED, FIXED PRICED BUILDING, DETAILED SPEC SHEET ROOM BY ROOM, DESIGN CENTER FOR SELECTIONS ALL OFFERED BY CULLUM HOMES, RANKED NUMBER #1 CUSTOM HOME BUILDER IN ARIZONA BY THE PHOENIX JOURNAL. CULLUM HOMES IS THE ONLY BUILDER IN ARIZONA TO OFFER VIRTUAL REALITY WHEN IT COMES TO BUILDING WHICH CREATES AN EXPERIENCE LIKE NO OTHER. TRULY THE BEST VALUE FOR A LOT IN PARADISE VALLEY! 24/7 GUARD GATED COMMUNITY FOR PRIVACY AND SECURITY. TRANQUIL YET CLOSE TO THE ACTION. THE BEST OF BOTH WORLDS. NO MATTER WHAT YOUR INTERESTS, AN EXTRAORDINARY LIFE AWAITS AT PARADISE RESERVE.

Last Agent to Sell the Property

Scott Grigg

Grigg's Group Powered by The Altman Brothers License #SA561582000 Listed on: 04/14/2017

Last Buyer's Agent

Joe Pascale

Real Broker License #SA510452000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,059

Lot Details

  • 2.53 Acre Lot
  • Cul-De-Sac
  • Property is zoned R-43

HOA Fees

  • $747 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Biltmore Preparatory Academy Elementary And Middle School
  • Camelback High School

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 164-03-132

Community Details

Overview

  • Paradise Reserve Association, Phone Number (602) 263-7772
  • Paradise Reserve Subdivision
  • Property is near a preserve or public land

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$18,059

Lot Details

0

HOA Fees

$747 per month

Listing Details

  • Cross Street: 40TH ST & LINCOLN DR
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: See Remarks, Subdivision Plat Apv, Plans Available, On Site Imp Needed
  • Topography: {"Hillside":true,"Mountainous":true}
  • Zoning: R-43
  • Tax Year: 2016
  • Directions: WEST ON LINCOLN DR, JUST PAST 40TH ST. SUBDIVISION IS ON THE NORTH SIDE OF LINCOLN. PROCEED THRU GUARD GATE HOUSE.
  • Lot Size Acres: 2.53
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: PARADISE RESERVE
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Other, Cul-De-Sac, City Light View(s), Mountain View(s), Gated Community, Guarded Entry, Borders Pres/Pub Lnd
  • Disclosures: Other (See Rmks), Development Pln Aval
  • Other Structures: None

Utilities

  • Electric: SRP, Underground, Individual Meter
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 2241.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 602.263.7772
  • HOA Transfer Fee: 400.0
  • Association Fee: 2241.0
  • Association Fee Frequency: Quarterly
  • Association Name: PARADISE RESERVE
  • Phone: 602-263-7772
  • Association: Yes

Schools

  • Elementary School: Biltmore Preparatory Academy
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Biltmore Preparatory Academy

Lot Info

  • Lot Size: IRREGULAR
  • Lot Size Sq Ft: 110065.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 164-03-132
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18059.0
  • Tax Book Number: 164.00
  • Tax Lot: 11
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2025
Sold by
Marshal Of Maricopa County
Bought by
2330 Park Side Llc
Current Estimated Value
$6,338,713

Purchase Details

Closed on
May 17, 2021
Sold by
Rudolph Lawrence P
Bought by
Lawrence P Rudolph Survivors Trust and Rudolph

Purchase Details

Listed on
Apr 14, 2017
Closed on
Aug 14, 2017
Sold by
Vpr Builders Llc
Bought by
Rudolph Lawrence P
Seller's Agent
Scott Grigg
Grigg's Group Powered by The Altman Brothers
Buyer's Agent
Joe Pascale
Real Broker
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.44%
Original Mortgage
$2,500,000
Interest Rate
3.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2330 Park Side Llc $5,700,000 First Title & Escrow
Lawrence P Rudolph Survivors Trust -- None Listed On Document
Rudolph Lawrence P $3,550,000 Fidelity National Title Phon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rudolph Lawrence P $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2017 09/01/17 Price Changed $950,000 0.0% --
08/31/2017 08/31/17 Sold $950,000 0.0% --
07/17/2017 07/17/17 For Sale $950,000 0.0% --
06/13/2017 06/13/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $950,000 -- --
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 $35,801 $275,365 -- --
2024 $35,386 $262,253 -- --
2023 $35,386 $444,120 $88,820 $355,300
2022 $33,397 $349,810 $69,960 $279,850
2021 $20,595 $154,170 $154,170 $0
2020 $20,093 $137,190 $137,190 $0
2019 $19,952 $128,025 $128,025 $0
2018 $19,542 $138,675 $138,675 $0
2017 $18,787 $127,215 $127,215 $0
2016 $18,059 $104,970 $104,970 $0
2015 $18,851 $116,720 $116,720 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5590796

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-03-132