NOT LISTED FOR SALE

Estimated Value: $1,703,000 - $5,418,000

0.99 Acre
$4,094,949 Price per Acre
43,124 Sq Ft Lot

Last Sold September 02, 2015

Last sale price $630,000

Est. 543% increase in value since last sale

Current estimated payment $21,887/month

158 Days on Market

Highlights

  • 0.99 Acre Lot
  • Mountain View
  • Wood Fence
  • Cherokee Elementary School Rated A
  • No HOA
  • Level Lot

About This Lot

As of September 2015

Incredible opportunity in coveted Paradise Valley for this nearly one acre lot with mountain views! Located adjacent to Camelback Golf Club and surrounded by multi-million dollar luxury estates! Desirable ''3 Cs'' schools, flat building envelope with sewer, and no HOA makes this an ideally located lot for a new luxury estate. Comfortable home features block construction, cozy fireplace, and tons of storage space. Enjoy sunsets and mountain views on your covered patio while relaxing by the sparkling pool. Current home is well-maintained and ready for move-in or rebuild to be a part of recent redevelopment in this neighborhood. Conveniently located, dining, shopping, recreation, and freeway access are just minutes away!

Last Agent to Sell the Property

Kevin Owens

SERHANT. License #SA628414000 Listed on: 03/21/2015

Last Buyer's Agent

Courtney Hogue

K & C Realty LLC License #BR626070000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,322

Year Built

  • 1971

Lot Details

  • 0.99 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Property is zoned R-43

Schools

  • Cherokee Elementary School
  • Cocopah Middle School
  • Chaparral High School

Additional Features

  • Mountain Views
  • Residence on Property

Community Details

  • No Home Owners Association
  • Country Club Acres Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 168-18-014-B

Property Details

Property Type

Land

Est. Annual Taxes

$3,322

Year Built

1971

Lot Details

0

Listing Details

  • Cross Street: Shea Blvd. and 57th Street
  • Property Type: Land
  • Topography: Level
  • Zoning: R-43
  • Tax Year: 2014
  • Directions: Go south on 57th Street from Shea Blvd. to home on the right (west) side of 57th Street.
  • Lot Size Acres: 0.99
  • Road Surface Type: Asphalt
  • Subdivision Name: Country Club Acres
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1971

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Chain Link, Wood
  • Lot Features: Mountain View(s)
  • Disclosures: None
  • Other Structures: Residence

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Lot Size: 0
  • Lot Size Sq Ft: 43232.0
  • Additional Parcels: No
  • Parcel #: 168-18-014-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3322.0
  • Tax Book Number: 168.00
  • Tax Lot: 25
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Gundappa Bhagyashree
Bought by
Ur Investments Llc
Total Days on Market
158
Current Estimated Value
$4,054,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2015
Closed on
Oct 1, 2015
Sold by
Atla Satish and Gundappa Bhagyashree
Bought by
Gundappa Bhagyashree and Atla Satish
Seller's Agent
Kevin Owens
SERHANT.
Buyer's Agent
Courtney Hogue
K & C Realty LLC
List Price
$779,000
Sold Price
$630,000
Premium/Discount to List
-$149,000
-19.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.64%
Original Mortgage
$417,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2015
Closed on
Aug 27, 2015
Sold by
Quen Edward M
Bought by
E Investments Properties Inc
Seller's Agent
Kevin Owens
SERHANT.
Buyer's Agent
Courtney Hogue
K & C Realty LLC
List Price
$779,000
Sold Price
$630,000
Premium/Discount to List
-$149,000
-19.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Source: Public Records

Similar Properties in the area

  • 6516 E Maverick Rd Unit 24, Paradise Valley, AZ 85253

    $3,350,000

    • Land
    • 1.02 Acres
    • $3,284,314 per Acre
    • 6516 E Maverick Rd
    • Unit 24
    • Paradise Valley, AZ

    Exceptional Opportunity in Camelback CC.Project is permit ready.Great house located on property now. Very livable and was an excellent rental. Plans, renderings, etc.. available upon request.

    Gary Todd Realty Executives

    Section Image
  • 4529 E Clearwater Pkwy Unit 70, Paradise Valley, AZ 85253

    $3,150,000

    • Land
    • 0.88 Acre
    • $3,579,545 per Acre
    • 4529 E Clearwater Pkwy
    • Unit 70
    • Paradise Valley, AZ

    Located in the prestigious, guard-gated community of Clearwater Hills and within walking distance of the PV Country Club, this prime piece of land offers an exceptional opportunity to create your dream home. With breathtaking mountain views and expansive surroundings, the lot provides the perfect canvas for a new build, whether you envision a contemporary masterpiece or a classic design.The

    Joan Levinson Realty ONE Group

    Section Image
  • 6700 E Cactus Wren Rd Unit 30, Scottsdale, AZ 85253

    $5,000,000

    • Land
    • 1.17 Acres
    • $4,273,504 per Acre
    • 6700 E Cactus Wren Rd
    • Unit 30
    • Scottsdale, AZ

    In the heart of Paradise Valley, where luxury and exclusivity converge, lies a rare and final opportunity within the prestigious guard-gated enclave of Judson Estates. This 1.17-acre corner lot offers a pristine foundation for a residence of unrivaled sophistication, where bespoke architecture meets effortless indoor-outdoor living. Judson Estates, home to Arizona's most iconic estates,

    Frank Aazami Russ Lyon Sotheby's International Realty

    Section Image
  • 4701 E Arroyo Verde Dr Unit 3, Paradise Valley, AZ 85253

    $3,250,000

    • Land
    • 1 Acre
    • $3,250,000 per Acre
    • 4701 E Arroyo Verde Dr
    • Unit 3
    • Paradise Valley, AZ

    Here's your chance to own a piece of Paradise Valley! With stunning, sweeping 360 views of Camelback Mountain, Phoenix Mountain Preserve and Mummy Mountain, this property is truly one-of-a-kind. This flat lot is primed and ready for you to build your dream home. The seller has already obtained a complete set of plans from Drewett Works for a beautiful, modern-designed residence (plans may be

    Christopher Karas Compass

    Section Image
  • 5405 E McDonald Dr Unit 1, Paradise Valley, AZ 85253

    $3,000,000

    • Land
    • 1.08 Acres
    • $2,777,778 per Acre
    • 5405 E McDonald Dr
    • Unit 1
    • Paradise Valley, AZ

    Another Candelaria designed Paradise Valley homesite, this one offers complete views of Camelback Mountain, Mummy Mountain, and Phoenix Mountain preserve on a flat one-acre parcel. Previously permitted, the Paradise Valley residence will comfortability perch at the base of Camelback Mountain and the sale will include full set of building plans, interior design plans and landscaping plans. The old

    Justin Shea Engel & Voelkers Scottsdale

    Section Image
  • 6218 N Palo Cristi Rd Unit 10, Paradise Valley, AZ 85253

    $3,250,000

    • Land
    • 1.03 Acres
    • $3,155,340 per Acre
    • 6218 N Palo Cristi Rd
    • Unit 10
    • Paradise Valley, AZ

    Seize the opportunity to build your dream home on this stunning 1+ acre homesite in prestigious Paradise Valley. Offering tranquility and breathtaking views of mountain vistas, enchanting city lights, and beautiful sunrises and sunsets, this prime location combines serene privacy with proximity to fine dining, exclusive shopping, and outdoor recreation. Complete with survey and design plans, this

    Frank Aazami Russ Lyon Sotheby's International Realty

    Section Image
  • 3423 E Marlette Ave Unit 23, Paradise Valley, AZ 85253

    $3,550,000

    • Land
    • 1.04 Acres
    • $3,413,462 per Acre
    • 3423 E Marlette Ave
    • Unit 23
    • Paradise Valley, AZ

    This is a rare opportunity to build your dream home on a one acre north/south facing homesite in the heart of Paradise Valley. Surrounded by captivating views of Camelback, Phoenix Mountain and city lights, purchase of the property includes APPROVED plans and permits for an 8,233 square foot residence with guest house. Designed by architect Platinum Design Studio and landscape architect

    Beth Thompson Compass

    Section Image

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 Buyer Sale Price Title Company
Ur Investments Llc $1,800,000 Grand Canyon Title
Gundappa Bhagyashree -- Security Title Agency Inc
Gundappa Bhagyashree $640,000 Security Title Agency Inc
E Investments Properties Inc $630,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ur Investments Llc $4,725,000
Closed Ur Investments Llc $2,997,000
Closed Ur Investments Llc $1,440,000
Previous Owner Gundappa Bhagyashree $476,500
Previous Owner Gundappa Bhagyashree $417,000
Previous Owner E Investment Properties Inc $504,000
Previous Owner E Investments Properties Inc $504,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2015 09/02/15 Sold $630,000 -19.1% --
08/25/2015 08/25/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $779,000 -- --
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 $4,462 $66,657 -- --
2024 $5,134 $63,483 -- --
2023 $5,134 $86,180 $17,230 $68,950
2022 $4,924 $65,730 $13,140 $52,590
2021 $5,103 $57,270 $11,450 $45,820
2020 $5,028 $56,630 $11,320 $45,310
2019 $4,840 $57,300 $11,460 $45,840
2018 $4,654 $55,270 $11,050 $44,220
2017 $3,888 $55,260 $11,050 $44,210
2016 $3,782 $52,200 $10,440 $41,760
2015 $3,477 $50,210 $10,040 $40,170
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5253698

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-18-014B