NOT LISTED FOR SALE

7101 N 40th St Unit 184 Paradise Valley, AZ 85253

Estimated Value: $4,758,000 - $5,686,000

0.91 Acre
$5,738,462 Price per Acre
39,640 Sq Ft Lot

Last Sold January 06, 2014

Last sale price $595,000 $15 Per Sq Ft

Est. 778% increase in value since last sale

Current estimated payment $28,819/month

549 Days on Market

Highlights

  • Mountain View
  • Kiva Elementary School Rated A
  • Corner Lot

About This Lot

As of January 2014

****$50,000.00 REDUCTION***.Awesome LOCATION Gorgeous Mountains all around. Great VIEW lot!!Fantastic gated, level/flat lot on the side of the Phoenix Mountain Preserves in Paradise Valley. Corner lot on dead-end street. Original home has been leveled. Entire property has grandfathered-in full-fencing rights. Just shy of one acre (.91), this lot is a fantastic location for a new build, custom home. Owner has $40K of architectural design plans available if interested. Gorgeous mountain views!!

Last Agent to Sell the Property

Susan Tillinghast

Russ Lyon Sotheby's International Realty License #SA104260000 Listed on: 02/28/2012

Co-Listed By

Britten Tillinghast

Russ Lyon Sotheby's International Realty License #SA578489000

Last Buyer's Agent

Amy Powers

HomeSmart License #SA505169000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,599

Lot Details

  • 0.91 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned R-43

Interior Spaces

  • 39,818 Sq Ft Home
  • Mountain Views

Utilities

  • Underground Utilities

Community Details

  • $5,785 per year Dock Fee

Property Details

Property Type

Land

Est. Annual Taxes

$13,599

Lot Details

0

Listing Details

  • Tax Municipality: Paradise Valley
  • Cross Street: 40th Street & Lincoln
  • Legal Info Lot Number: 184
  • Roads Streets: Concrete
  • Property Type: C
  • Estimated Deeded Fee Acres: 0.91
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 0.91
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 51.00
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Lot
  • Land Configuration: Square Rectangular
  • Land Features: Adjacent To Wash, Corner Lot, Mountain View(s), See Remarks
  • Legal Description Abbrev: Clearwater Hills 02 Private Roads
  • Parcel Size: .50 - .99 Acres
  • Price Per Acre: 686813.18
  • Price Per Sq Ft: 15.69
  • Topography: Existing Wash(s), Level
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: R-43
  • Map Code Grid: N36
  • Tax Year: 2012
  • Directions: From Lincoln, head North on 40th Street to 7101, on right (on the corner of 40th and Clearwater Parkway)
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 39818.00

Exterior Features

  • Fencing: Chain Link
  • Lot Number: 184

Utilities

  • Water: City Franchise
  • Electric: Aps, Underground
  • Gas: Sw Gas, Underground

Lot Info

  • Lot Size: 237' 173' 239' 94' 52'

Tax Info

  • Taxes: 5784.90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2022
Sold by
Amy Steven J and Amy Powers
Bought by
Larabee 7101 Llc
Current Estimated Value
$5,222,000

Purchase Details

Listed on
Feb 28, 2012
Closed on
Jan 2, 2014
Sold by
Raudzens Peter A
Bought by
Valentine Steven J and Powers Amy
Seller's Agent
Susan Tillinghast
Russ Lyon Sotheby's International Realty
Buyer's Agent
Amy Powers
HomeSmart
List Price
$800,000
Sold Price
$595,000
Premium/Discount to List
-$205,000
-25.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.27%

Purchase Details

Closed on
Mar 30, 2012
Sold by
Raudzens Peter A
Bought by
Raudzens Peter A and Raudzens Living Trust

Purchase Details

Closed on
Feb 20, 2008
Sold by
Raudzens Peter A
Bought by
Raudzens Peter A and The Peter A Raudzens Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
5.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2006
Sold by
Raudzens Peter A
Bought by
Raudzens Md Peter A and The Peter A Raudzens Living Trust
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
Larabee 7101 Llc -- --
Valentine Steven J $595,000 Pioneer Title Agency Inc
Raudzens Peter A -- None Available
Raudzens Peter A -- None Available
Raudzens Peter A -- Grand Canyon Title Agency
Raudzens Peter A -- Grand Canyon Title Agency In
Raudzens Md Peter A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raudzens Peter A $578,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2014 01/06/14 Sold $595,000 -25.6% $15 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
02/28/2012 02/28/12 For Sale $800,000 -- $20 / 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 $13,599 $221,123 -- --
2024 $12,220 $210,593 -- --
2023 $12,220 $329,570 $65,910 $263,660
2022 $11,698 $254,230 $50,840 $203,390
2021 $12,473 $223,770 $44,750 $179,020
2020 $12,389 $227,950 $45,590 $182,360
2019 $11,941 $207,280 $41,450 $165,830
2018 $11,475 $201,620 $40,320 $161,300
2017 $11,000 $200,610 $40,120 $160,490
2016 $10,758 $190,050 $38,010 $152,040
2015 $5,021 $74,224 $74,224 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Susan Tillinghast

    Russ Lyon Sotheby's International Realty

  • B

    Seller Co-Listing Agent in 2014

    Britten Tillinghast

    Russ Lyon Sotheby's International Realty

    (480) 203-9178

    1 Total Sale

    Britten Tillinghast
    Section Image

  • A

    Buyer's Agent in 2014

    Amy Powers

    HomeSmart

    (480) 443-7400

    5 Total Sales

    Amy Powers
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4722355

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-13-051

Arizona Maricopa County Paradise Valley 85253

7101 N 40th St Unit 184, Paradise Valley, AZ

This home is located at 7101 N 40th St Unit 184, Paradise Valley, AZ 85253 since 28 February 2012 and is currently estimated at $5,222,000, approximately $131 per square foot. 7101 N 40th St Unit 184 is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro 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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