NOT LISTED FOR SALE

7265 N 40th St Unit 4 Paradise Valley, AZ 85253

Camelback East Village Neighborhood

Estimated Value: $3,544,000 - $4,712,501

5.41 Acres
$778,897 Price per Acre
235,660 Sq Ft Lot

Last Sold June 09, 2023

Last sale price $4,000,000

Est. 5% increase in value since last sale

Current estimated payment $23,996/month

Highlights

  • Gated Community
  • City Lights View
  • Hilly Lot
  • Phoenix Coding Academy Rated A
  • 5.41 Acre Lot
  • Corner Lot

About This Lot

As of June 2023

Amethyst is the crown jewel of Crown Canyon located at the highest point of the gated Crown Canyon community. This private 5+ acre homesite awaits an architectural masterpiece to capture the most prolific views of Camelback Mountain and downtown city lights. Premier Paradise Valley homebuilder BedBrock Developers, with award-winning in-house architect Stratton Andrews, is prepared to fully design and build your custom dream home on this impressive mountain hillside. To inspire you further, Andrews designed this 18,000-square-foot showcase estate to demonstrate the endless possibilities within the homesite.

Last Agent to Sell the Property

Silje Norbye

Bedbrock Real Estate Company License #SA702756000 Listed on: 04/25/2023

Last Buyer's Agent

Fred Dougherty

HomeSmart License #SA638084000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,438

Lot Details

  • 5.41 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Hilly Lot
  • Property is zoned RE-43

HOA Fees

  • $125 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

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

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 164-02-019

Community Details

Overview

  • Crown Canyon Association, Phone Number (480) 287-2130
  • Crown Canyon For Whispering Canyon Amd Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$17,438

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Cross Street: Lincoln Dr. and 40th St.
  • Legal Info Range: 3E
  • Property Type: Land
  • Topography: Hillside
  • Zoning: RE-43
  • Tax Year: 2022
  • Directions: From Lincoln Dr. turn North on 40th Street and drive to the end where you see the gate to Crown Canyon. Parcel is at the end of the cul-de-sac.
  • Horses: No
  • Lot Size Acres: 5.41
  • Road Surface Type: Asphalt
  • Subdivision Name: CROWN CANYON FOR WHISPERING CANYON AMD
  • View:Mountain View(s): Yes
  • View:City Light View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Corner Lot, Gated Community
  • View: Mountain(s), City Light(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1500.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 480-287-2130
  • Association Fee: 1500.0
  • Association Fee Frequency: Annually
  • Association Name: Crown Canyon
  • Phone: 480-287-2130
  • 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: Ingleside Middle School

Lot Info

  • Lot Size: Irr
  • Lot Size Sq Ft: 235573.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 164-02-019
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17438.0
  • Tax Book Number: 164.00
  • Tax Lot: 4
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2019
Sold by
Crown Canyon Capital Llc
Bought by
Crown Canyon Capital 6 Llc
Current Estimated Value
$4,213,834

Purchase Details

Closed on
Feb 1, 2019
Sold by
Crown Canyon Llc
Bought by
Crown Canyon Capital Llc

Purchase Details

Closed on
Dec 31, 2014
Sold by
Whispering Canyon Residential Llc
Bought by
Crown Canyon Llc
Source: Public Records

Range of Values:

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Average Value
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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
Crown Canyon Capital 6 Llc -- First American Title
Crown Canyon Capital Llc -- None Available
Crown Canyon Llc $1,600,000 Empire West Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $4,000,000 -11.1% --
04/25/2023 04/25/23 For Sale $4,500,000 -- --
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 $18,363 $141,244 $141,244 --
2024 $18,151 $134,519 $134,519 --
2023 $18,151 $171,045 $171,045 $0
2022 $17,438 $127,140 $127,140 $0
2021 $17,863 $213,015 $213,015 $0
2020 $17,428 $177,225 $177,225 $0
2019 $17,305 $153,240 $153,240 $0
2018 $16,950 $151,875 $151,875 $0
2017 $16,295 $130,335 $130,335 $0
2016 $15,664 $111,855 $111,855 $0
2015 $15,544 $119,088 $119,088 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Silje Norbye

    Bedbrock Real Estate Company

    (602) 717-9366

    3 in this area

    8 Total Sales

    Silje Norbye
    Section Image
  • Fred Dougherty

    Buyer's Agent in 2023

    Fred Dougherty

    HomeSmart

    (602) 526-0424

    10 in this area

    50 Total Sales

    Fred Dougherty
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6548390

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-02-019

Arizona Maricopa County Paradise Valley 85016 Camelback East Village

7265 N 40th St Unit 4, Paradise Valley, AZ

This home is located at 7265 N 40th St Unit 4, Paradise Valley, AZ 85253 since 25 April 2023 and is currently estimated at $4,213,834. 7265 N 40th St Unit 4 is a home located in Maricopa County with nearby schools including Biltmore Preparatory Academy, Camelback High School, and Phoenix Coding Academy.

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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