7266 N 40TH Street 5, Paradise Valley, AZ 85253 (MLS# 6501131)

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $3,500,000 Sold Price: $3,500,000 Status: Closed List Date: 2022-12-23

Location, Tax & Legal

Lot #: 5 Assessor's Map #: 2 Legal Description (Abbrev): LOT 5 WHISPERING CANYON AMD MCR 023727 Assessor's Parcel #: 20 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 105102 Taxes: 13571 Marketing Name: Crown Canyon Quartz Map Code/Grid: N35 House Number: 7266 Compass: N Street Name: 40TH St Suffix: Street City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 2814 County Code: Maricopa Assessor Number: 164-02-020 Subdivision: CROWN CANYON DBA for WHISPERING CANYON AMD Tax Year: 2022

General Property Description

Apx Total Acres: 2.25 Apx Total Acres G/N: G Price Per Acre: 1555555.56 # Lots in Listing: 1 # Units Allowed: 1 Apx SqFt: 97867 Price Per SqFt: 35.76 Apx SqFt G/N: G Lot Size Dimensions: Irr Flood Zone: No Horses: N Elementary School District: Creighton Elementary District High School District: Phoenix Union High School District Elementary School: Creighton Elementary School Jr. High School: Ingleside Middle School High School: ASU Preparatory Academy - Phoenix High School Zoning: RE-43

Legal Info

Range: 3E Section: 1 Township: 2N Lot Number: 5

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 3500000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: Y HOA Transfer Fee: 0 HOA Fee: 1500 HOA Paid (Freq): Annually HOA Name: Crown Canyon HOA Telephone: 480-287-2130 PAD Fee Y/N: N Assessed Balance: 0 Assessed Yrs Left: 10 HOA 2 Y/N: N

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1

Zoned Presently

Single Family: 1

Potential Use

Single Family: 1

Parcel Size

1.00 - 2.49 Acres: 1

Development Status

Raw Land: 1

Land Features

Cul-De-Sac: 1 Gated Community: 1

View

Mountain(s): 1

Vegetation

Natural Vegetation: 1 High Desert: 1

Land Configuration

Irregular Shape: 1

Road Access Type

Private Road: 1

Road Responsibility

City Maintained Road: 1

Fencing

None: 1

Water Source

City Franchise: 1

Sewer

Septic Tank: 1

Electric

APS: 1

Topography

Hillside: 1

Gas

SW Gas: 1

Existing Structures

None: 1

Distance to Cable

Call Listing Office: 1

New Financing

Cash: 1 Conventional: 1

Distance to Phone

Call Listing Office: 1

Distance to Water

Call Listing Office: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

Call Listing Office: 1

Distance to Gas

Call Listing Office: 1

Distance to Sewer

Call Listing Office: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Sold Info

Loan Type: Carryback Closing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Lincoln and 40th St. Directions: North on 40th St, take the road to the end where you reach the gate of Crown Canyon. Geo Lat: 33.544773 Geo Lon: -111.998622

Status Change Info

Off Market Date: 2023-04-22 Under Contract Date: 2023-03-22 Close of Escrow Date: 2023-04-24 Sold Price: $3,500,000

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Potential Use: Single Family Parcel Size: 1.00 - 2.49 Acres Development Status: Raw Land Land Features: Cul-De-Sac; Gated Community View: Mountain(s) Vegetation: Natural Vegetation; High Desert Land Configuration: Irregular Shape Road Access Type: Private Road Road Responsibility: City Maintained Road Topography: Hillside Existing Structures: None Water Source: City Franchise Sewer: Septic Tank Electric: APS Gas: SW Gas Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: Call Listing Office Distance to Electric: Call Listing Office Distance to Gas: Call Listing Office Distance to Sewer: Call Listing Office Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Environmental: None Lockbox Type: None Fencing: None