NOT LISTED FOR SALE

7110 E Horseshoe Rd Unit 1 Paradise Valley, AZ 85253

Estimated Value: $5,559,000 - $8,295,000

1.16 Acres
$5,963,989 Price per Acre
50,530 Sq Ft Lot

Last Sold May 29, 2015

Last sale price $660,000

Est. 948% increase in value since last sale

Current estimated payment $37,902/month

616 Days on Market

Highlights

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

About This Lot

As of May 2015

1.16 Acre Flat level lot in Paradise Valley. Some mountain views. Adjacent property (7120 East Horseshoe is also for sale.) They could be combined for a larger estate lot. Property is in a Trust. It is being sold ''AS IS'', ''WHERE IS'' No S.P.D.S. or CLUE are available.

Last Agent to Sell the Property

Tim Greenfield

West USA Realty License #BR537623000 Listed on: 07/06/2013

West USA Realty

Last Buyer's Agent

Jaclyn Wollheim

SRL Group License #SA543981000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,388

Lot Details

  • 1.16 Acre Lot
  • Property is zoned R-43

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Ruby Manor Lot Split Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 174-30-031

Property Details

Property Type

Land

Est. Annual Taxes

$8,388

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Road and Doubltree
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-43
  • Tax Year: 2011
  • Directions: One block South of Doubletree on Scottsdale Road. Turn West on Horseshoe to property.
  • Lot Size Acres: 1.16
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: Ruby Manor Lot Split
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size: unknown
  • Horse Amenities: Other, See Remarks
  • Lot Size Sq Ft: 50530.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 174-30-031
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8388.0
  • Tax Book Number: 174.00
  • Tax Lot: 1
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2013
Closed on
May 18, 2015
Sold by
Bmo Harris National Association
Bought by
Berkowitz Family Trust
Seller's Agent
Tim Greenfield
West USA Realty
Buyer's Agent
Jaclyn Wollheim
SRL Group
List Price
$725,000
Sold Price
$660,000
Premium/Discount to List
-$65,000
-8.97%
Current Estimated Value
$6,918,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,258,227
Avg. Annual Appreciation
24.48%
Original Mortgage
$462,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2003
Sold by
Ricci Olga
Bought by
Ricci Olga G and Olga Ricci Revocable Trust

Purchase Details

Closed on
Apr 6, 1995
Sold by
Ricci Louis J
Bought by
Ricci Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,624
Interest Rate
8.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 4, 1995
Sold by
Fiaba Enterprises Inc
Bought by
Ricci Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,624
Interest Rate
8.81%
Mortgage Type
Seller Take Back
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
Berkowitz Family Trust $660,000 Great Amer Title Agency Inc
Ricci Olga G -- Lawyers Title Of Arizona Inc
Ricci Olga -- Security Title Agency
Ricci Olga $150,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berkowitz Family Trust $462,000
Previous Owner Ricci Olga $117,624
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $660,000 -9.0% --
03/09/2015 03/09/15 Pending -- -- --
07/01/2013 07/01/13 For Sale $725,000 -- --
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 $14,670 $249,544 -- --
2024 $14,468 $237,661 -- --
2023 $14,468 $477,700 $95,540 $382,160
2022 $13,878 $351,130 $70,220 $280,910
2021 $14,753 $319,560 $63,910 $255,650
2020 $14,659 $315,120 $63,020 $252,100
2019 $14,153 $258,630 $51,720 $206,910
2018 $6,442 $114,660 $114,660 $0
2017 $6,188 $109,185 $109,185 $0
2016 $6,059 $92,610 $92,610 $0
2015 $6,132 $87,408 $87,408 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Greenfield

    Seller's Agent in 2015

    Tim Greenfield

    West USA Realty

    (480) 231-5309

    1 Total Sale

    Tim Greenfield
    Section Image

  • J

    Buyer's Agent in 2015

    Jaclyn Wollheim

    SRL Group

    (480) 612-0367

    13 Total Sales

    Jaclyn Wollheim
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4963530

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-30-031

Arizona Maricopa County Paradise Valley 85253

7110 E Horseshoe Rd Unit 1, Paradise Valley, AZ

This home is located at 7110 E Horseshoe Rd Unit 1, Paradise Valley, AZ 85253 since 06 July 2013 and is currently estimated at $6,918,227. 7110 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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