$290,000
SOLD AUG 7, 2020
2.08 Acres
$139,423 Price per Acre
90,605 Sq Ft Lot

Recently Sold

28% Below List Price

837 Days on Market

Highlights

  • Gated with Attendant
  • City Lights View
  • 2.08 Acre Lot
  • Kiva Elementary School Rated A

About This Lot

As of August 2020

MOTIVATED SELLER! A rare-find! 2+ acre lot in Paradise Valley with breathtaking views, in a sought after gated community. Inquire about existing plans and due diligence (plans will not convey, but may be shown to allow a better understanding of approach to building/design). La Place du Sommet boasts some of the finest architecture in the Valley. This unique lot allows for many items not typically available on view lots (outdoor infinity pool, driveway, parking, garden paths and patio, and lawn) because more than one acre of land may be built upon in this case. Buyer to verify all info.

Last Agent to Sell the Property

Greg Kilroy

Keller Williams Realty Sonoran Living License #BR545652000 Listed on: 07/14/2020

Keller Williams Realty Sonoran Living

Co-Listed By

Ellen Fankhanel

Keller Williams Realty Sonoran Living License #SA567950000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,516

Lot Details

  • 2.08 Acre Lot
  • Property is zoned R-43

HOA Fees

  • $550 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Kiva Elementary School
  • Mohave Middle School

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 169-02-028

Community Details

Overview

  • La Place Du Sommet Association, Phone Number (602) 861-5980
  • La Place Du Sommet Lot 1 31 Tr A C Subdivision

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$6,516

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Cross Street: Scottsdale Rd and Indian Bend
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv, Off Site Imp Complte
  • Topography: Hillside, Gentle Sloping
  • Zoning: R-43
  • Tax Year: 2017
  • Directions: Head North on Scottsdale Rd, Left (West) on E Hummingbird Lane, at first fork stay Left to remain on Hummingbird, then slight Left on E Quartz Mountain Rd to gate, then first lot on right. Lot 23.
  • Horses: No
  • Lot Size Acres: 2.08
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: kwsl02
  • Co List Office Phone: 480-948-3338
  • Subdivision Name: LA PLACE DU SOMMET LOT 1-31 TR A-C
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

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

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1650.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 602.861.5980
  • HOA Transfer Fee: 300.0
  • Association Fee: 1650.0
  • Association Fee Frequency: Quarterly
  • Association Name: La Place Du Sommet
  • Phone: 602-861-5980
  • Association: Yes

Schools

  • Elementary School: Kiva Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 90633.0
  • Additional Parcels: No
  • Parcel #: 169-02-028
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6516.0
  • Tax Book Number: 169.00
  • Tax Lot: 23
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 5, 2020
Sold by
Kho Rosanne M
Bought by
Varahramyan Shahryar Carlo and Varahramyan Shoreh
Seller's Agent
Greg Kilroy
Keller Williams Realty Sonoran Living
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$400,000
Sold Price
$290,000
Premium/Discount to List
-$110,000
-27.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.00%

Purchase Details

Closed on
Oct 28, 2010
Sold by
Chan Rodrigo C
Bought by
Kho Rosanne M

Purchase Details

Closed on
Apr 5, 2005
Sold by
Hafiz Hamid and Hafiz Dilara
Bought by
Chan Rodrigo C and Kho Rosanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$876,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2000
Sold by
Seven Twenty One Ltd Partnership
Bought by
Hafiz Hamid and Hafiz Dilara

Purchase Details

Closed on
Mar 16, 1996
Sold by
Southwest Land & Development Company Inc
Bought by
7-21 Ltd Partnership
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 Type Sale Price Title Company
Warranty Deed $290,000 Old Republic Title Agency
Special Warranty Deed -- None Available
Warranty Deed $1,095,000 Fidelity National Title
Cash Sale Deed $460,000 First American Title
Cash Sale Deed $165,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $876,000 New Conventional
Previous Owner $618,750 Unknown
Previous Owner $360,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 For Sale $3,500,000 +1106.9% --
08/07/2020 08/07/20 Sold $290,000 -27.5% --
07/14/2020 07/14/20 For Sale $400,000 0.0% --
07/14/2020 07/14/20 Price Changed $400,000 0.0% --
01/13/2020 01/13/20 Price Changed $400,000 -11.1% --
09/19/2019 09/19/19 Price Changed $450,000 -18.2% --
05/16/2019 05/16/19 Price Changed $550,000 -5.2% --
03/13/2018 03/13/18 For Sale $580,000 0.0% --
03/13/2018 03/13/18 Price Changed $580,000 0.0% --
01/17/2018 01/17/18 For Sale $580,000 -- --
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 $7,302 $124,215 $124,215 --
2024 $7,202 $118,300 $118,300 --
2023 $7,202 $128,505 $128,505 $0
2022 $6,908 $117,360 $117,360 $0
2021 $7,344 $122,655 $122,655 $0
2020 $7,297 $101,145 $101,145 $0
2019 $7,045 $100,275 $100,275 $0
2018 $6,783 $111,645 $111,645 $0
2017 $6,516 $105,105 $105,105 $0
2016 $6,380 $80,070 $80,070 $0
2015 $6,697 $94,960 $94,960 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5711674

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-02-028