NOT LISTED FOR SALE

Estimated Value: $12,200,190

5 Acres
$2,301,923 Price per Acre
230,868 Sq Ft Lot

Last Sold July 24, 2023

Last sale price $11,000,000

Est. 11% increase in value since last sale

Current estimated payment $71,763/month

3 Days on Market

Highlights

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

About This Lot

As of July 2023

Welcome to this remarkable redevelopment opportunity situated on over 5 acres of prime land in the prestigious community of Paradise Valley. This expansive parcel offers endless possibilities to create something truly extraordinary. One of the standout features of this property is the magnificent mountain views. Paradise Valley is renowned for its upscale residences and picturesque scenery, making it one of the most desirable locations for new development. With its generous size, the property provides ample space to design and build your dream estate or explore multi lot development options.

Don't miss this incredible opportunity to own a piece of Paradise Valley and create something truly exceptional. Contact us today for more information.

Last Listed By

Frank DiMaggio

Compass License #SA671179000 Listed on: 07/12/2023

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $44,031

Year Built

  • 1973

Lot Details

  • 5.3 Acre Lot
  • Property is zoned SUP-P

Property Views

  • Mountain Views

Schools

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

Community Details

  • No Home Owners Association
  • Meadowlark Acres Ii Subdivision

Listing and Financial Details

  • Tax Lot 1A
  • Assessor Parcel Number 174-51-931

Property Details

Property Type

Land

Est. Annual Taxes

$44,031

Year Built

1973

Lot Details

0

Listing Details

  • Cross Street: 68th St & Indianbend
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: See Remarks
  • Zoning: SUP-P
  • Tax Year: 2022
  • Directions: South on 68th St and west to Mockingbird lane and property.
  • Lot Size Acres: 5.3
  • Subdivision Name: Meadowlark Acres II
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1973

Interior Features

  • Possible Use: See Remarks, Single Family

Exterior Features

  • Lot Features: Mountain View(s)
  • Disclosures: None
  • Other Structures: Other, See Remarks

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: TBD
  • Lot Size Sq Ft: 232097.0
  • Additional Parcels: No
  • Parcel #: 174-51-931
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 174.00
  • Tax Lot: 1A
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Jul 24, 2023
Sold by
Ascension Lutheran Church Inc and Paradise Valley Arizona
Bought by
Chm Holdings Llc
Seller's Agent
Frank DiMaggio
Compass
Buyer's Agent
Jay Mecray
HomeSmart
List Price
$10,500,000
Sold Price
$11,000,000
Premium/Discount to List
$500,000
4.76%
Total Days on Market
3
Views
17
Current Estimated Value
$12,200,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,200,190
Avg. Annual Appreciation
5.97%

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

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $11,000,000 +4.8% --
07/14/2023 07/14/23 For Sale $10,500,000 -- --
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 $44,031 $748,978 -- --
2024 $43,423 $713,312 -- --
2023 $43,423 $1,445,415 $1,010,730 $434,685
2022 $0 $1,210,171 $816,706 $393,465
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: 6579081

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-51-931