NOT LISTED FOR SALE

7606 N 65th St Unit 2 Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $8,217,000 - $10,565,173

1.39 Acres
$6,663,830 Price per Acre
60,548 Sq Ft Lot

Last Sold October 04, 2021

Last sale price $2,500,000

Est. 271% increase in value since last sale

Current estimated payment $53,774/month

1 Day on Market

Highlights

  • 1.39 Acre Lot
  • Mountain View
  • Level Lot
  • Kiva Elementary School Rated A
  • No HOA

About This Lot

As of October 2021

Prime 1.4 Acre Lot in the Heart of Paradise Valley. Incredible opportunity to build your stately dream estate offering amazing Mummy Mountain and McDowell Mountain views. The former house has been torn down and is ready to be built on! This lot is offered in a very secluded and private location, conveniently located near world class resorts, shopping, dining and the new Ritz Carlton!

Last Agent to Sell the Property

Josh Peters

Realty ONE Group License #SA640957000 Listed on: 09/30/2021

Last Buyer's Agent

Joshua Peters

Compass License #SA640957000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,208

Year Built

  • 2022

Lot Details

  • 1.39 Acre Lot
  • Level Lot
  • Property is zoned R-43

Property Views

  • Mountain Views

Schools

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

Community Details

  • No Home Owners Association
  • Dos Lotes Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 174-44-012

Property Details

Property Type

Land

Est. Annual Taxes

$4,208

Year Built

2022

Lot Details

0

Listing Details

  • Cross Street: Cheney Dr & Mockingbird Lane
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: Level
  • Zoning: R-43
  • Tax Year: 2020
  • Directions: From Mockingbird, Go West on Cheney Drive and then North on 65th St to property at the end of the street.
  • Horses: No
  • Lot Size Acres: 1.39
  • Road Surface Type: Asphalt
  • Subdivision Name: DOS LOTES
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Exterior Features

  • View: Mountain(s)
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size: 330 x 182
  • Lot Size Sq Ft: 60331.0
  • Additional Parcels: No
  • Parcel #: 174-44-012
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4208.0
  • Tax Book Number: 174.00
  • Tax Lot: 2
  • Tax Map Number: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2023
Sold by
Sterling Equity Alternative Fund Iv Llc
Bought by
Ford Revocable Trust
Total Days on Market
1
Current Estimated Value
$9,262,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,400,000
Outstanding Balance
$7,706,227
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$1,512,176

Purchase Details

Listed on
Sep 30, 2021
Closed on
Oct 27, 2021
Sold by
Williams Amanda and Williams Vance
Bought by
Sterling Equity Alternative Fund Iv
Seller's Agent
Josh Peters
Realty ONE Group
Buyer's Agent
Josh Peters
Realty ONE Group
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.84%
Original Mortgage
$3,500,000
Interest Rate
2.8%
Mortgage Type
Small Business Administration

Purchase Details

Listed on
Sep 30, 2021
Closed on
Sep 28, 2021
Sold by
Fountain Hills Investments Llc
Bought by
Sterling Equity Alternative Fund Iv
Seller's Agent
Josh Peters
Realty ONE Group
Buyer's Agent
Josh Peters
Realty ONE Group
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
2.8%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Sep 10, 2020
Sold by
Messinger Eric W and Messinger Thao Pham
Bought by
Fountain Hills Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2001
Sold by
Messinger Mark C
Bought by
Messinger Eric W and Messinger Thao Pham

Purchase Details

Closed on
Dec 5, 2001
Sold by
Messinger Joel A
Bought by
Messinger Eric W and Messinger Thao Pham

Purchase Details

Closed on
Nov 15, 2001
Sold by
Messinger Carl P
Bought by
Messinger Eric W and Messinger Thao Pham

Purchase Details

Closed on
Mar 27, 2001
Sold by
Messinger Philip W
Bought by
Messinger Mark C and Messinger Candace L
Source: Public Records

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Range of Values:

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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
Ford Revocable Trust $10,500,000 Premier Title Agency
Sterling Equity Alternative Fund Iv -- Accommodation
Williams Amanda -- Accommodation
Sterling Equity Alternative Fund Iv $2,500,000 Premier Title Agency
Fountain Hills Investments Llc $1,275,000 Premier Title Agency
Messinger Eric W $90,000 --
Messinger Eric W $90,000 --
Messinger Eric W $90,000 --
Messinger Mark C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Revocable Trust $8,400,000
Previous Owner Williams Amanda $3,500,000
Previous Owner Fountain Hills Investments Llc $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $2,500,000 0.0% --
09/30/2021 09/30/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $2,500,000 -- --
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 $21,336 $373,141 -- --
2024 $6,514 $355,373 -- --
2023 $6,514 $217,395 $217,395 $0
2022 $6,248 $176,460 $176,460 $0
2021 $4,839 $68,610 $13,720 $54,890
2020 $4,208 $68,170 $13,630 $54,540
2019 $4,042 $61,080 $12,210 $48,870
2018 $4,086 $61,580 $12,310 $49,270
2017 $3,901 $58,730 $11,740 $46,990
2016 $3,807 $55,310 $11,060 $44,250
2015 $3,620 $55,310 $11,060 $44,250
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Josh Peters

    Realty One Group

    (480) 788-7556

    63 in this area

    139 Total Sales

    Josh Peters
    Section Image

  • J

    Buyer's Agent in 2021

    Joshua Peters

    Compass

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6300213

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-44-012

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

7606 N 65th St Unit 2, Paradise Valley, AZ

This home is located at 7606 N 65th St Unit 2, Paradise Valley, AZ 85253 since 30 September 2021 and is currently estimated at $9,262,724. This property was built in 2022. 7606 N 65th St Unit 2 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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