NOT LISTED FOR SALE

7120 N Quartz Mountain Rd Unit 126 Paradise Valley, AZ 85253

Estimated Value: $5,542,000 - $6,163,281

1.05 Acres
$5,577,232 Price per Acre
45,738 Sq Ft Lot

Last Sold February 11, 2013

Last sale price $620,000

Est. 845% increase in value since last sale

Current estimated payment $31,810/month

31 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Cul-De-Sac
  • Kiva Elementary School Rated A

About This Lot

As of February 2013

This home is located at 7120 N Quartz Mountain Rd Unit 126, Paradise Valley, AZ 85253 since 04 January 2013 and is currently estimated at $5,856,094. 7120 N Quartz Mountain Rd Unit 126 is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro High School.

Last Agent to Sell the Property

Jamie Wong

RE/MAX Fine Properties License #BR510137000 Listed on: 01/04/2013

RE/MAX Fine Properties

Last Buyer's Agent

Rusty Davis

Russ Lyon Sotheby's International Realty License #SA017146000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,396

Lot Details

  • 1.05 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence

Property Views

  • Mountain Views

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Community Details

  • No Home Owners Association
  • Paradise Hills Subdivision

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 169-08-024

Property Details

Property Type

Land

Est. Annual Taxes

$7,396

Lot Details

0

Listing Details

  • Cross Street: Tatum/Quartz Mountain
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Off Site Imp Complte
  • Zoning: res
  • Tax Year: 2012
  • Directions: North on Tatum to Quartz Mountain, Left on Quartz Mountain to this property
  • Lot Size Acres: 1.05
  • Road Surface Type: Asphalt
  • Subdivision Name: Paradise Hills
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Block
  • Lot Features: Cul-De-Sac, Mountain View(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: Regular
  • Lot Size Sq Ft: 45897.0
  • Additional Parcels: No
  • Parcel #: 169-08-024
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7396.0
  • Tax Book Number: 169.00
  • Tax Lot: 126
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Okrzesik Randy and Okrzesik Kathy
Bought by
Sio4 Properties Llc
Current Estimated Value
$5,856,094

Purchase Details

Closed on
May 15, 2020
Sold by
Sio4 Properties Llc
Bought by
Scheuer Robert Frank and Scheuer Sanedra Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,803,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2019
Sold by
Okrzesik Randy and Okrzesik Kathy
Bought by
Sio4 Properties Llc

Purchase Details

Closed on
Sep 29, 2018
Sold by
Veldheer Edwin J
Bought by
Okrzesik Randy and Okrzesik Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,820,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2014
Sold by
Veldheer Morgan and Veldheer Edwin Jared
Bought by
Veldheer Edwin Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.59%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 8, 2014
Sold by
Gray Benjamin J
Bought by
Veldheer Edwin Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.59%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 4, 2013
Closed on
Feb 4, 2013
Sold by
Wells Fargo Bank Na
Bought by
Gray Benjamin J
Seller's Agent
Jamie Wong
RE/MAX Fine Properties
Buyer's Agent
Rusty Davis
Russ Lyon Sotheby's International Realty
List Price
$699,000
Sold Price
$620,000
Premium/Discount to List
-$79,000
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.34%

Purchase Details

Closed on
Oct 19, 2010
Sold by
Bou Phoenix 1 Inc
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Sep 20, 2005
Sold by
Hague Gregory D
Bought by
Bou Phoenix I Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,749,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2005
Sold by
Stone H and Stone Jean M
Bought by
Hague Gregory D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
5.5%
Mortgage Type
New Conventional
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
Sio4 Properties Llc -- None Listed On Document
Scheuer Robert Frank -- Boston National Ttl Agcy Llc
Sio4 Properties Llc -- None Available
Okrzesik Randy $2,275,000 Wfg National Title Insurance
Veldheer Edwin Jared -- Security Title Agency
Veldheer Edwin Jared $2,150,000 Security Title Agency
Gray Benjamin J $620,000 None Available
Wells Fargo Bank National Association $672,000 None Available
Bou Phoenix I Inc $1,500,000 Arizona Title Agency Inc
Hague Gregory D $1,240,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheuer Robert Frank $1,803,500
Previous Owner Okrzesik Randy $1,820,000
Previous Owner Veldheer Edwin Jared $1,500,000
Previous Owner Veldheer Edwin Jared $1,500,000
Previous Owner Bou Phoenix I Inc $1,749,000
Previous Owner Hague Gregory D $930,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2013 02/11/13 Sold $620,000 -11.3% --
02/01/2013 02/01/13 Pending -- -- --
01/01/2013 01/01/13 For Sale $699,000 -- --
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 $10,237 $247,194 -- --
2024 $14,331 $235,423 -- --
2023 $14,331 $313,800 $62,760 $251,040
2022 $13,748 $269,580 $53,910 $215,670
2021 $14,614 $249,630 $49,920 $199,710
2020 $14,521 $194,910 $38,980 $155,930
2019 $13,419 $184,460 $36,890 $147,570
2018 $13,530 $198,360 $39,670 $158,690
2017 $12,974 $175,130 $35,020 $140,110
2016 $12,876 $209,180 $41,830 $167,350
2015 $12,186 $209,180 $41,830 $167,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4869268

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-08-024