NOT LISTED FOR SALE

Estimated Value: $5,526,135 - $6,602,000

1.91 Acres
$3,097,406 Price per Acre
83,200 Sq Ft Lot

Last Sold April 12, 2013

Last sale price $700,000

Est. 745% increase in value since last sale

Current estimated payment $35,459/month

497 Days on Market

Highlights

  • Gated with Attendant
  • City Lights View
  • Wood Fence
  • Phoenix Coding Academy Rated A
  • 1.91 Acre Lot

About This Lot

As of April 2013

AS ONE OF THE LAST PRIVATE PROPERTIES BORDERING THE PHOENIX MOUNTAIN PRESERVE, PARADISE RESERVE OFFERS AN INCOMPARABLE COLLECTION OF MOUNTAINSIDE ESTATE HOMESITES SET LIKE RARE JEWELS INTO THE HILLSIDE. EACH OF THE 12 DISTINCTIVE SITES LEFT AVAILABLE SHOWCASES VIEWS OF PHOENIX'S PRESTIGIOUS MOUNTAINS INCLUDING LEGENDARY CAMELBACK MOUNTAIN. COMPLETING THE SKYLINE ARE DAZZLING VIEWS OF THE CITYSCAPE BY DAY AND FAMOUS CITY LIGHTS BY NIGHT. BUILD YOUR OWN ARCHITECTURAL MASTERPIECE ON 1.91 ACRES TUCKED AWAY IN THE HIGH DESERT MOUNTAIN FOOTHILLS ABOVE PHOENIX. UNPARALLELED LIFESTYLE, BREATHTAKING SUNSETS AND UNSPOILED DESERT AMBIANCE AWAIT. THIS IS YOUR CHANCE TO ENHANCE YOUR FAMILIES ASSETS FOR GENERATIONS TO COME WHILE PROTECTING NATURE’S PRECIOUS RESOURCES FOR ALL TIME.

Last Agent to Sell the Property

Scott Grigg

AZ Brokerage Holdings, LLC License #SA561582000 Listed on: 11/04/2011

Last Buyer's Agent

Scott Grigg

AZ Brokerage Holdings, LLC License #SA561582000 Listed on: 11/04/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,855

Lot Details

  • 1.91 Acre Lot
  • Wood Fence

HOA Fees

  • $652 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

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

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 164-03-134

Community Details

Overview

  • Paradise Reserve Association, Phone Number (602) 263-7772
  • Paradise Reserve Subdivision

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$16,855

Lot Details

0

HOA Fees

$652 per month

Listing Details

  • Cross Street: 40TH ST AND LINCOLN DR
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv, Plans Available
  • Zoning: SFR
  • Tax Year: 2011
  • Directions: W ON E LINCOLN DR, JUST PAST 40TH ST. PROCEED THRU GUARD GATE HOUSE.
  • Horses: No
  • Lot Size Acres: 1.91
  • Road Surface Type: Asphalt, Private Street, Curb(s) & Gutter(s)
  • Subdivision Name: PARADISE RESERVE
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: Wood
  • Lot Features: City Light View(s), Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: Development Pln Aval
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 652.0
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 602.263.7772
  • HOA Transfer Fee: 400.0
  • Association Fee: 652.0
  • Association Fee Frequency: Monthly
  • Association Name: PARADISE RESERVE
  • Phone: 602-263-7772
  • Association: Yes

Schools

  • Elementary School: Creighton Elementary School
  • 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: 83344.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 164-03-134
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16854.98
  • Tax Book Number: 164.00
  • Tax Lot: 13
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2016
Sold by
Godbout John H
Bought by
Godbout John H and Godbout Beth Ann
Current Estimated Value
$5,916,045

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
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 4, 2011
Closed on
Apr 3, 2013
Sold by
Victory Land Llc
Bought by
Vpr Builders Llc
Seller's Agent
Scott Grigg
AZ Brokerage Holdings, LLC
Buyer's Agent
Scott Grigg
AZ Brokerage Holdings, LLC
List Price
$900,000
Sold Price
$700,000
Premium/Discount to List
-$200,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.62%

Purchase Details

Closed on
Oct 5, 2011
Sold by
Lincoln 40 Investments Llc
Bought by
Victory Land Llc
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
Godbout John H -- Stewart Title Arizona Agency
Godbout John H -- Stewart Title Arizona Agency
Vpr Builders Llc $625,000 Fidelity National Title Phoe
Victory Land Llc $7,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Godbout John H $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2013 04/12/13 Sold $700,000 -22.2% --
03/12/2013 03/12/13 Pending -- -- --
11/01/2011 11/01/11 For Sale $900,000 -- --
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 $41,294 $322,237 -- --
2024 $40,809 $306,892 -- --
2023 $40,809 $334,350 $66,870 $267,480
2022 $39,183 $278,360 $55,670 $222,690
2021 $40,568 $267,800 $53,560 $214,240
2020 $44,680 $296,220 $59,240 $236,980
2019 $44,361 $275,230 $55,040 $220,190
2018 $43,437 $276,800 $55,360 $221,440
2017 $42,336 $331,170 $66,230 $264,940
2016 $16,759 $128,170 $25,630 $102,540
2015 $13,568 $80,736 $80,736 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4672039

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-03-134