$1,999,000
UNDER CONTRACT $251K PRICE DROP

7120 N Clearwater Pkwy Unit 185 Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated payment $12,030/month

Total Views 3,774
0.82 Acre
$2,437,805 Price per Acre
35,719 Sq Ft Lot

Highlights

  • Gated with Attendant
  • 0.82 Acre Lot
  • Garage
  • Kiva Elementary School Rated A
  • Mountain View
  • Partially Fenced Property

About This Lot

While this home is lovely as-is, it is offered as a lot because it is a great candidate for redevelopment. The value is truly in the land - buildable lots in the community garner high pricing with the most recent comparable sale at $2.7m. An addition or scrape and rebuild would be profitable in this location and at this price.This lot is nestled between mountains, with incredible views in 360 degrees. A 2nd story or walking deck would fully capture a broader city lights view to the south.Clearwater Hills is a self-managed, guard-gated and patrolled custom home community. Private and natural, it is just 10 minutes from Arcadia bars and restaurants and 20 minutes from the airport. This home is situated near the resident-only southern entrance just before 40th St.

Listing Agent

Jaime Mazzeo

Realty Executives License #SA645359000

Realty Executives

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,230

Year Built

  • 1967

Lot Details

  • 0.82 Acre Lot
  • East or West Exposure
  • Partially Fenced Property
  • Block Wall Fence
  • Property is zoned R-43

HOA Fees

  • Property has a Home Owners Association

Parking

  • Garage

Schools

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

Additional Features

  • Mountain Views
  • Residence on Property

Listing and Financial Details

  • Tax Lot 185
  • Assessor Parcel Number 169-13-052

Community Details

Overview

  • Clearwater Hills Association, Phone Number (480) 922-9080
  • Clearwater Hills 2 Lots 197 198, 201 206 Subdivision

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$6,230

Year Built

1967

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Cross Street: Tatum Blvd & Lincoln Dr.
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: Existing Wash(s), Hillside
  • Zoning: R-43
  • Tax Year: 2023
  • Directions: Attention - Gated. you can not use 40th St to enter the community. From Lincoln, head north on Tatum to Clearwater Parkway. After guard gate, GPS will be accurate.
  • Horses: No
  • Lot Size Acres: 0.82
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: CLEARWATER HILLS 2 LOTS 197-198, 201-206
  • Special Features: UnderContract
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1967

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: East/West Exposure, Gated Community, Guarded Entry, Adjacent to Wash
  • View: Mountain(s), City Light(s)
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: Garage(s), Residence

Garage/Parking

  • Existing Structures:Garage(s): Yes

Utilities

  • Electric: APS
  • Water Source: Private

Condo/Co-op/Association

  • Annual HOA Fees: 4500.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 480-922-9080
  • HOA Transfer Fee: 200.0
  • Association Fee: 4500.0
  • Association Fee Frequency: Annually
  • Association Name: Clearwater Hills
  • Phone: 480-922-9080
  • Association: Yes

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: Irregular
  • Lot Size Sq Ft: 35525.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 169-13-052
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6230.0
  • Tax Book Number: 169.00
  • Tax Lot: 185
  • Tax Map Number: 13.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,375 $114,627 -- --
2024 $6,230 $109,169 -- --
2023 $6,230 $143,820 $28,760 $115,060
2022 $6,690 $110,550 $22,110 $88,440
2021 $7,161 $97,920 $19,580 $78,340
2020 $6,813 $102,810 $20,560 $82,250
2019 $6,446 $90,530 $18,100 $72,430
2018 $6,706 $84,750 $16,950 $67,800
2017 $6,175 $83,620 $16,720 $66,900
2016 $5,918 $77,670 $15,530 $62,140
2015 $5,824 $77,670 $15,530 $62,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Price Changed $1,999,000 -3.7% --
11/23/2024 11/23/24 Price Changed $2,075,000 -3.4% --
11/16/2024 11/16/24 For Sale $2,149,000 0.0% --
11/16/2024 11/16/24 Off Market $2,149,000 -- --
10/21/2024 10/21/24 Price Changed $2,149,000 -2.3% --
04/24/2024 04/24/24 For Sale $2,199,000 0.0% --
04/24/2024 04/24/24 Off Market $2,199,000 -- --
02/01/2024 02/01/24 Price Changed $2,199,000 -2.3% --
11/06/2023 11/06/23 For Sale $2,250,000 +164.7% --
01/13/2020 01/13/20 For Sale $850,000 +4.3% --
01/09/2020 01/09/20 Sold $815,000 0.0% --
11/27/2019 11/27/19 Off Market $815,000 -- --
08/18/2019 08/18/19 For Sale $850,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,300,000 Empire West Title Agency Llc
Warranty Deed $815,000 Landmark Ttl Assurance Agcy
Interfamily Deed Transfer -- Driggs Title Agency Inc
Interfamily Deed Transfer -- Accommodation
Warranty Deed $599,000 Equity Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Previous Owner $733,500 New Conventional
Previous Owner $699,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $750,000 Unknown
Previous Owner $725,000 Unknown
Previous Owner $524,200 New Conventional
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6627348

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-13-052