NOT LISTED FOR SALE

8112 N Mohave Rd Paradise Valley, AZ 85253

Estimated Value: $1,768,000 - $3,812,000

5.38 Acres
$570,818 Price per Acre
234,353 Sq Ft Lot

Last Sold April 12, 2013

Last sale price $5,950,000 $25 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $16,783/month

367 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Level Lot
  • Cherokee Elementary School Rated A
  • 5.38 Acre Lot

About This Lot

As of April 2013

Truly one of the last remaing 5 acre parcels in the entire town of Paradise Valley. This site is so spectacular, words cannot describe it. Flat, gently sloping unobstuctable views in all directions. You must see to appreciate the endless views to the North, South, East & West. This is the perfect location for your one of a kind mega mansion! Serious buyers only. Existing residence on the property will need to be torn down. Call lister for more information.

Last Agent to Sell the Property

Robert Hassett

Russ Lyon Sotheby's International Realty License #SA029216000 Listed on: 03/04/2012

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Robert Hassett

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,017

Lot Details

  • 5.38 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Level Lot
  • Irregular Lot
  • Property is zoned R-43

Property Views

  • City Lights
  • Mountain

Schools

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

Additional Features

  • 234,253 Sq Ft Home
  • Residence on Property

Community Details

  • $10,064 per year Dock Fee
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,017

Lot Details

0

Listing Details

  • Tax Municipality: Paradise Valley
  • Cross Street: Mockingbird/Mohave
  • Roads Streets: Asphalt
  • Property Type: C
  • Estimated Deeded Fee Acres: 5.38
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 5.38
  • Estimated Total Acres G N: G
  • Assessor Parcel Ltr: E
  • Assessor Parcel Number: 4.00
  • Development Status: See Remarks
  • Displayon Public Websites: Y
  • Elevation: 1,001 - 2,000 Ft
  • Existing Land Use: Residential Lot
  • Existing Structures: Residence, See Remarks
  • Hndrd Blk Directionl: E
  • Hundred Block: 5700
  • Land Configuration: Irregular Shape
  • Land Features: City Light View(s), Gated Community, Mountain View(s), North/South Exp
  • Parcel Size: 5.00 - 9.99 Acres
  • Potential Use: Single Family
  • Price Per Acre: 1300185.87
  • Price Per Sq Ft: 29.86
  • Street Frontage Name: Mohave
  • Topography: Gentle Sloping, Level
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: R-43
  • Map Code Grid: M36
  • Tax Year: 2011
  • Directions: North to 8112 N. Mohave
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 234253.00

Exterior Features

  • Fencing: Block, Chain Link

Utilities

  • Water: City Franchise
  • Electric: Aps
  • Gas: Sw Gas

Schools

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

Lot Info

  • Lot Size: irr

Tax Info

  • Taxes: 10064.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2023
Sold by
Lynne Morrison Properties Llc
Bought by
Lucy Mae Llc
Current Estimated Value
$3,071,000

Purchase Details

Listed on
Mar 4, 2012
Closed on
Apr 9, 2013
Sold by
Mcculough Sally A and Bettcher Susan E Bowen
Bought by
Lynne Morrison Properties Llc
Seller's Agent
Robert Hassett
Russ Lyon Sotheby's International Realty
Buyer's Agent
Robert Hassett
Russ Lyon Sotheby's International Realty
List Price
$6,995,000
Sold Price
$5,950,000
Premium/Discount to List
-$1,045,000
-14.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.16%

Purchase Details

Closed on
Jan 28, 2003
Sold by
Khanuja Parvinder S and Khanuja Parveen K
Bought by
Khanuja Parvinderjit Singh and Khanuja Parveen Kaur

Purchase Details

Closed on
Oct 2, 2002
Sold by
Stewart Ed and Stewart Sherry
Bought by
Real Estate Equity Lending

Purchase Details

Closed on
May 9, 2002
Sold by
Stewart Ed and Stewart Sherry
Bought by
Thompson Tommy
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
Lucy Mae Llc $9,950,000 Pioneer Title Services
Lynne Morrison Properties Llc $5,950,000 First American Title Ins Co
Khanuja Parvinderjit Singh -- North American Title Co
Real Estate Equity Lending $2,561,727 --
Thompson Tommy $470,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2013 04/12/13 Sold $5,950,000 -14.9% $25 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
03/04/2012 03/04/12 For Sale $6,995,000 -- $30 / Sq Ft
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 $6,017 $102,358 -- --
2024 $5,934 $97,484 -- --
2023 $5,934 $156,010 $31,200 $124,810
2022 $5,693 $90,020 $18,000 $72,020
2021 $6,052 $84,210 $16,840 $67,370
2020 $6,606 $88,110 $17,620 $70,490
2019 $7,363 $96,880 $19,370 $77,510
2018 $7,351 $95,670 $19,130 $76,540
2017 $7,431 $95,880 $19,170 $76,710
2016 $8,136 $102,100 $20,420 $81,680
2015 $8,105 $102,100 $20,420 $81,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4724926

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-78-004E