NOT LISTED FOR SALE

Lot 161 E Upper Ridge Way Unit 161 Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $6,886,268 - $9,819,000

-- Bed
-- Bath
5,775 Sq Ft
$1,383/Sq Ft Est. Value

About This Home

This home is located at Lot 161 E Upper Ridge Way Unit 161, Paradise Valley, AZ 85253 and is currently estimated at $7,984,423, approximately $1,382 per square foot. Lot 161 E Upper Ridge Way Unit 161 is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2017
Sold by
Galhotra Ravi and Galhotra Sarabjit
Bought by
Galhotra Ravi and Galhotra Sarabjit
Current Estimated Value
$7,984,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Outstanding Balance
$2,218,771
Interest Rate
3.5%
Mortgage Type
Small Business Administration
Estimated Equity
$6,033,310

Purchase Details

Closed on
Jan 20, 2017
Sold by
Galhotra Ravi and Galhotra Sarabjit
Bought by
Galhotra Ravi B and Galhotra Sarabjit K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Outstanding Balance
$2,218,771
Interest Rate
3.5%
Mortgage Type
Small Business Administration
Estimated Equity
$6,033,310

Purchase Details

Closed on
Jul 12, 2011
Sold by
Bmo Harris Bank Na
Bought by
Galhotra Ravi and Galhotra Sarabjit

Purchase Details

Closed on
Sep 2, 2010
Sold by
Trojan Richard W and Clofene Trojan Erica E
Bought by
M & I Marshall & Ilsley Bank

Purchase Details

Closed on
Jan 7, 2006
Sold by
Jls Development Enterprises Inc
Bought by
Trojan Richard W and Clorfene Trojan Erica E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$933,487
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2004
Sold by
Weller Linda L
Bought by
Nichols Todd
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Galhotra Ravi -- None Available
Galhotra Ravi B -- Grand Canyon Title Agency A
Galhotra Ravi $350,000 Lawyers Title Of Arizona Inc
M & I Marshall & Ilsley Bank $458,079 Security Title Agency
Trojan Richard W $1,350,000 --
Nichols Todd $2,500,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galhotra Ravi B $2,700,000
Previous Owner Galhotra Ravi B $2,000,000
Previous Owner Trojan Richard W $273,000
Previous Owner Trojan Richard $390,000
Previous Owner Trojan Richard W $1,150,000
Previous Owner Trojan Richard W $933,487
Previous Owner Trojan Richard W $50,295
Closed Trojan Richard W $158,000
Source: Public Records

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 $24,422 $351,002 -- --
2024 $20,914 $334,287 -- --
2023 $20,914 $629,050 $125,810 $503,240
2022 $22,322 $452,550 $90,510 $362,040
2021 $17,115 $305,850 $61,170 $244,680
2020 $11,360 $196,630 $39,320 $157,310
2019 $6,777 $104,700 $104,700 $0
2018 $7,027 $100,890 $100,890 $0
2017 $6,516 $90,990 $90,990 $0
2016 $6,269 $93,615 $93,615 $0
2015 $6,591 $90,096 $90,096 $0
Source: Public Records

Map

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

Lot 161 E Upper Ridge Way Unit 161, Paradise Valley, AZ

This home is located at Lot 161 E Upper Ridge Way Unit 161, Paradise Valley, AZ 85253 and is currently estimated at $7,984,423, approximately $1,382 per square foot. Lot 161 E Upper Ridge Way Unit 161 is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro High School.

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